Social equity applicants will be prioritized, officials say
CEO Payton Nyquvest says the authorization moves his firm closer to developing medicines at scale to support psychedelic-assisted therapy
The firm could've been immediately on the hook to pay 115% of the principal owed
The firm maintained positive adjusted EBITDA in every quarter last year
Relative category performance is nearly double among Canadians compared to Americans
The Mary Jones brand is set to launch in California by the end of the month
The company says it's well positioned for domestic and international growth
The Netherlands's medical cannabis market is estimated to bring in annual sales of US$80M
The company expects first shipments of its BC-grown cannabis to reach Germany by Q3
The combined company will have 7 cultivation facilities, and expects 40 retail stores in its network by the end of the year
Used in sacred traditions for centuries, the firm says research will bring their medicinal benefits to a larger audience
85% of votes were in favour of consolidating shares to keep the firm's Nasdaq listing
CEO Raj Grover says his firm is on track for continued international growth without reliance on federal legalization in America
But fourth-quarter revenue lagged with a slowdown across its wholesale business
The firm recently signed a deal to sell its products with online vegan marketplace Vejii
The company is also launching a roll-on product for symptom relief
The company says the certification will help boost domestic sales and secure further licensing internationally
The firm says revenues from recurring subscriptions are more reliable than one-time purchases
The firm recorded Q4 revenue of US$320M
As Canadian cannabis retail consolidation picks up steam, CEO Raj Grover says his company has become the 'acquirer of choice'
The firm says its Vancouver locations continue to outperform, where regulatory distancing is more favourable
After a reverse takeover and other business combinations, the firm's CEO says HYTN is on track for future growth
It's the firm's 8th consecutive quarter of positive cash flow from operations
The firm's annual losses reached US$396.1 million
But overall net income tripled to US$2.1M
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 deal should allow the firm to exit creditor protection and resume public trading
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
President Ivan Duque says his country is now at the forefront of regulating commercial exports of medical cannabis
7 new board members will stand for election at a meeting March 8
Company stock hit a 4-year low on Friday
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
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







































