Business

The health minister says the country has only a third of the October shipment left and more isn't expected until next month

The letter has no current impact on its listing, company says

Growth was driven by medical cannabis clinic operations in Colombia and Germany, company says

Third-party cannabis delivery isn't yet allowed in the province

The firm is buying 80% of NuLeaf for US$31M

Earlier in November, the company told shareholders it wouldn't be EBITDA-positive in fiscal 2021

The Crown corporation credits its quarterly results to its strategy of beating out the illicit market

Statistics Canada significantly lowered its sales data for August as well

A total 27 million cannabis vape units were sold over the three-month period in both countries, generating over US$900 million in revenue

While many businesses in the region were spared from the worst of the disaster, damaged supply routes will affect most in the inudstry

But other profitability metrics lagged in the quarter

A backburner project slated for years down the line quickly became reality after the province said in August that on-site sales would be allowed

The firm says it had its first EBITDA-profitable month in September

Delays to store openings and 'unforeseen' regulatory issues have caused the firm to rein in its earnings projections for the year

72% of cannabis users say that everyone, or almost everyone, they know consumes cannabis

But net income soared due to a US$69M value gain on warrants

The firm blamed the drop in part on 'seasonal weakness'

Currently only a handful of Canadian nurseries supply genetics to hundreds of licensed pot producers

But concerns remain around its significant debt pile and an inability to pay it off

The firm upped Q3 revenue by 17% but tallied a $13.5M loss

Rose is a third-party supplier for major cannabis companies and micros in Quebec

Particularly the firm's new retail acquisition is turning a profit

The firm is selling in 12 international markets and has added eight more product listings in Canada

The firm is projecting revenues to rise another 9% in Q4

The leading US weed firm continues to post solid growth and fundamentals

The company says a majority of new sales growth is coming from its focus on medical cannabis

Net loss ballooned 507% to US$59 million this fiscal period due to rising expenses

Company stock soared 12% on Tuesday

Around 155 employees will be impacted by the decision to shut down the facilities and centralize operations

Citizen Stash shareholders approved the deal in a special meeting Nov. 1

The Netherlands could have Europe's first adult-use cannabis market

Cannabis sales have been 25% higher than estimated revenue if the pandemic didn't happen

Q2 revenue dipped 6% to $146M

Ending the provincial monopoly of online sales and delivery is being welcomed by those in Alberta's cannabis industry

70% of Canadian respondents who shop the illicit market said it's for better or lower prices

The line of skincare products is created in partnership with Israel-based Nextage Therapeutics

The firm says it can now export biomass and flower to its international clients

The company says it will use data from its clinics in Colombia and Peru to help treat patients in the UK

HYTN's sparkling THC-infused drinks are expected to be on the shelves before the end of the year

A citrus soda and two gummy flavours, all with 10mg of THC, will be available to Canadians