Business

The deal is in partnership with Hamilton, Ont.-based Noya Cannabis

With a business transition mostly complete, the firm says it expects strong growth in 2022

At full capacity, the firm says it expects to bring in $20M in annual EBITDA

The small-format, high-potency beverages are first-of-kind in the country

The deal should allow the firm to exit creditor protection and resume public trading

The AGLC says weed prices will remain lower or the same as other provinces

Pineapple Express Delivery will offer the service starting next week

The firm continues to put more emphasis on its beverage alcohol business

If approved, it could advance the firm's goal of becoming a dominant supplier of cannabinoid pharmaceutical ingredients

Consumer spending on cannabis surpassed milk and energy drinks in 2021

Cannoe president Matt McLeod will join Superette as CEO

The service is starting at participating in stores in Ontario, Manitoba and Saskatchewan

President Ivan Duque says his country is now at the forefront of regulating commercial exports of medical cannabis

The Crown corporation has made recent changes to improve distribution

7 new board members will stand for election at a meeting March 8

Company stock hit a 4-year low on Friday

Profits from the first three quarters are up 25% to $60.2 million

The last time Statistics Canada reported an increase this big the agency later revised its figures

Hemp flower was the most popular use of the crop, followed by seed and fibre

In December, the country became the first to legalize recreational pot in the EU

The funds will go toward developing a treatment for acute respiratory distress syndrome, which can result from Covid-19

Since legalization, the number of weed stores has tripled in the province

The company has also received conditional approval to list on the Canadian Securities Exchange

The stalwart pot firm is projecting a return to EBITDA-positivity later this year, as it pivots to adult-use sales

Job growth in the cannabis sector has averaged over 27% since 2017

The research will take place at the Icahn School of Medicine at Mount Sinai, New York

A special shareholder meeting is slated for March 8

Despite uncertainty around federal prosecution, banking activity has steadily increased in states with adult-use cannabis laws

The products are set for wide distribution through the country's pharmacy network

No explanation has yet been given for the move

With adult-use sales halved from a year ago, the large majority of the firm's sales now come from international medical markets

It also revealed an expanded deal with an unnamed licensed producer

Taking a recent majority stake in a baby food maker, Neptune joins other pot firms expanding broadly into different CPG categories

The firm had said it plans to cut SG&A expenses by 30% by the end of fiscal 2023

But sales for the firm's BioSteel sports drinks and Storz & Bickel vaporizers have been rising

The distribution agreement puts craft beers in restaurants, bars, grocery chains and liquor stores across the Golden State

The firm says it commands 30% of the country's medical cannabis market

Despite opposition from airlines and industry members, Copilot is on track to open its doors at YXS if given final approval

The updated rules also ban house brands and in-store advertising