Canada

Statistics Canada's national survey of licensed producers reveals a surge in employment and reports there are now 175 companies operating in the cannabis space.

Despite 40 per cent of its market value being wiped out since March, the Edmonton-based company has bold plans to dominate the global hemp CBD market moving forward.

Pot-infused gummies, shatter and face creams will be legal in Canada at the end of the year and a survey conducted by Ernst & Young and Lift & Co. suggests those items will attract three million additional consumers.

The National Cannabis Survey also shows 42 per cent of Canadians who said they use pot bought it from the black market.

Shares of Canopy sunk to their lowest level this year, as the Ontario-based cannabis giant saw pot sales decline in Canada for the third straight quarter while losses continue to pile.

Shares of the B.C.-based pot producer tumbled after it posted a wider-than-expected loss for the second quarter and despite revenues nearly doubling from the last quarter.

While investors brace for cannabis companies to post quarterly losses, the Barrie, Ont.-based pot extractor reported a second-quarter profit ahead of the launch of Cannabis 2.0 products.

In previous years greenhouse operator Village Farms mainly grew tomatoes, but now the Vancouver-based company cannabis joint venture is helping it turn bigger quarterly profits.

As the cannabis industry reaches the heart of earnings season, investors are looking for profits and weren't impressed with Cronos CEO's second-half spending projections in its Q2 report.

Problems continue to mount for CannTrust after it revealed Health Canada found several new regulatory breaches at the cannabis company's Vaughan, Ont. manufacturing facility.

Shares in CannTrust swung wildly on Friday after the embattled pot producer revealed its outside auditor was withdrawing its year-end and first-quarter reports.

Tiny Luxembourg could have a big effect on cannabis legalization in the European Union and open up the market for pot once the country goes recreational in two years.

The B.C.-based pot company adds nearly 50 acres of outdoor production in Portugal to further supply the European Union medical cannabis market.

Shares of Aurora rose after the Edmonton-based pot company estimated its fourth quarter production available for sale could reach 30,000 kilograms, up 5,000 kilograms from its previous guidance report.

America's No. 1 selling iced tea brand is going to pot by inking a licensing deal with Colorado-based Dixie Brands to make and sell cannabis-infused gummies, drinks and vape pens.

Ottawa's new pardoning system waves a five-year wait time and a $631 fee, but critics say it doesn't go far enough and call for full expungement

While embattled cannabis producer CannTrust awaits its fate with Health Canada for its regulatory breach, Aphria told Bloomberg it might consider buying the troubled company's assets.

The Toronto-based company makes it first deal to get inside the U.S. CBD market by acquiring Redwood Holding Group, owner of popular CBD brand Lord Jones.

The troubled Canadian pot company hired Greenhill & Co Inc. to help it conduct a "review of strategic alternatives," including finding a buyer, while it awaits federal enforcement action.

The Ontario-based pot firm posted a profit of $15.8 million in its fourth quarter on a net revenue of $128.6 million fueled by a jump in Canadian recreational cannabis sales.

From California to Vancouver to Toronto, authorities in major jurisdictions are raiding illegal pot shops and coming down hard on the black market in an effort to curb illicit cannabis sales.

But Canada's largest pot retailer posted a net loss of $4.8 million in its third quarter as expenses continue to mount for the company that now has 34 stores open.

The Ontario-based company's subsidiary Marigold Projects was granted a retail licence from Jamaican authorities and it plans to open four more pot shops, pending further approval.

The British-based tobacco firm and the Canadian pot company say the sizeable deal will help both execute their global cannabis vape plans.

Aurora and the UFC plan to conduct clinical trials to study how CBD can help the elite athletes and the results will be used develop a new line of hemp-derived topical products.

CannTrust CEO Paul Aceto has been "terminated with cause" by the company's board, while chairman Eric Paul was asked to resign and he agreed to do so.

The Globe and Mail and BNN Bloomberg released troubling reports this week alleging CannTrust CEO and company executives were made aware of illegal growing in November.

Canadians spent more than $85 million on legal pot in May, an $11 million increase over April, on the back of new stores opening in Ontario and B.C.

The province's new rules will ban pot-infused candies, chocolates, desserts as well as skin creams and topical products before those items become legal in Canada later this year.

The Quebec-based retail giant's $26 million investment will help Fire & Flower expand its presence of 23 cannabis stores in Alberta, Saskatchewan and Ontario.

The Calgary-based company announced terms and aims to raise US$130 million with its initial public offering on the Nasdaq.

The deal will give Supreme access to Truverra's 5,000 square-foot licensed facility the company plans to turn into a state-of-the-art extraction lab to develop next-generation cannabis products.

Health Canada has only approved only 65 of approximately 600 cannabis research applications since legalization took place Oct. 17, according to a recent CTV News report.

The Edmonton-based pot producer will supply 400 kilograms of medical cannabis to Italy under the contract, but securing the bid at $2.54 per gram may actually hurt Aurora's bottom line.

Despite cannabis-infused beverages only making up around one per cent of sales in U.S. states with legal pot markets, BevCanna has high hopes for its CBD and THC-infused drinks.

While cannabis producer CannTrust awaits enforcement action from Health Canada, reports have surfaced a potential buyer could swoop in to rescue the embattled company.

The Edmonton-based pot company said it will focus on research and development at its 207-acre operation in Westwold, B.C., and at a 21,000 square-foot field in Lachute, Que.

The Vancouver-based pot company is the first to have its licences revoked from the federal regulator for allegedly selling cannabis products to the black market last year.

The Moncton, N.B.-based company reported third-quarter losses and an eight per cent drop in sales as Ontario cannabis reorders also waned in the quarter that ended May 31.

The Toronto-based cannabis company said its new extraction lab will process low-cost weed from its outdoor farm the company just finished planting.