Canada

Negative headlines and an industry-wide struggle to record profits have been hurting investor confidence in cannabis stocks in 2019.

CannTrust stock tumbles further on a Globe and Mail bombshell report with allegations the company hid illegal grow rooms from Health Canada with fake walls.

The Ontario Cannabis Store said it won't be selling CannTrust's pot products until Health Canada conducts its investigation on how the company grew weed illegally.

Statistics Canada latest quarterly report from crowdsourced data showed a gram of legal pot costed $10.65 over the $5.93 price tag for illicit weed.

The Ontario cannabis producer has 12,700 kilograms of dried cannabis on hold by Health Canada, which is estimated to be worth around $70 million.

The head of Toronto-based cannabis producer Cronos Group Inc. slammed the Canadian government for its strict rules on the pot industry that he said are making it impossible for companies to create global brands.

Researchers found the number of U.S. high school students who said they used pot at least once a month jumped from 0.6 per cent in 1991 to 6.3 per cent in 2017.

National inventory levels of unfinished and unpackaged cannabis continued to rise in April, according to a report Health Canada released last month.

One-in-four medical cannabis users said supply issues have been preventing them from getting the medicine they need, according to a survey commissioned by Canadian Pharmacists Association and two other groups.

The Alcohol and Gaming Commission of Ontario will hold a lottery on Aug. 20 to issues the next 42 retail store licenses. Another eight stores will open in First Nations communities through a separate process.

The Vancouver-based company specializes in cannabis-infused beverages and claims to have decades of experience building and developing brands.

Linton's sudden departure sent waves through the cannabis industry with analysts and insiders offering a wide range of speculation on how it will reshape Canopy and the growing pot market.

Linton, who helped build Canopy into the world's most valuable cannabis company, told the media he was "terminated."

Canopy Growth Corp. has been the cannabis industry's top dog by market capitalization so far, but U.S. companies are growing fast and could take over top spot.

The Calgary-based cannabis retailer saw its sales jump to $6.6 million during its last quarter when it also opened three stores in Ontario and its 15th location in Alberta under its Canna Cabana brand.

Acreage's CEO Kevin Murphy told Bloomberg some major deals are in the works to allow the New York-based cannabis firm to scale up "dramatically" over the next month.

Scheer also told CTV News his Conservative Party would support efforts to pardon Canadians with previous convictions for pot possession.

"I'm excited to bring our first products to Canada and launch KKE Oils. They are an awesome, high-in-THC product that everyone will love," American rapper Wiz Khalifa said.

“Our ambition is to be the beverage specialist. We want to lead this category and we will lead this category," Brett Vye, CEO of the joint venture Truss, told Bloomberg.

CBC News reports some black market suppliers are ripping off government-approved packaging and selling imitation products as the real thing in Saskatchewan.

Once operating, KeyLeaf's Canadian facility is expected to be able to process as much as 5,000 kg of cannabis, which will give Canopy more options to produce edibles, concentrates and other derivative products.

An annual report released by Ontario's ombudsman revealed that the OCS received the single most complaints among government organizations in the past year.

The Trudeau government said the money will be split between 13 different organizations across Canada to raise awareness on the harms associated with cannabis use.

More women are using marijuana during pregnancy in the U.S. and that might be causing health issues for their babies, two new studies suggest.

The Ottawa based firm has become one of the largest marijuana retailers in Canada, generating more than $40 million in sales since federal legalization began last fall.

The Canadian pot firm said it has already started planting at its new 160-acre site which it is considering to be a test site for future outdoor operations to produce low-cost cannabis.

Canada's largest pot producer saw its shares fall 7.6 per cent Friday as analysts expected its Q4 operating expenses of $242.9 million to be much lower.

Arcview Market Research and BDS Analytics forecast the legal industry will nearly triple by 2024 from the US$14.9 billion they project will be spent this year.

Canadian pot firms are amassing a supply glut of unfinished cannabis, and the issue could lead to industry writedowns, according to analysts at BMO Capital Markets.

Both company's shareholders voted more than 99 per cent in favour of Canopy acquiring Acreage in a deal contingent on U.S. federal legalization of cannabis.

Provincial and federal governments earned $186 million in total cannabis-related tax revenue in the first five-and-a-half months following legalization, according to new Statistics Canada data.

The Ontario licensed producer signed a non-binding letter of intent with Elk Grove Farming Company, LLC to form a 50/50 joint venture that will give it access to more than 3,000 acres of farmland in Southern California.

“Martha Stewart Living has 30,000 or 35,000 original recipes, and those can be adapted with cannabis or CBD or whatever we’re going to use," she said.

Hexo Corp. is the first cannabis company to come out and say its beverages will be available on Day 1 of the legal edibles market opening for business in Canada.

From optimism to disappointment—reactions varied from analysts and industry players on Health Canada's final regulations for new pot-infused edible and derivative products.

University of British Columbia researchers say Canada's cannabis impairment driving penalties may be too strict when it comes to low levels of THC.

Canada's largest pharmacy chain said Monday it is partnering with B.C.-based TruTrace to deploy a pilot program that uses blockchain to track strains and quality of medical marijuana.

Shopify Inc.'s digital platform will be integrated with ParcelPal Technology Inc. to allow users to order cannabis in major cities across Canada within the next four weeks.

"We’re very clear that when it comes to Canada as a stand-alone business that we expect to be EBITDA positive in the next 18 months," Mike Lee, CFO of Canopy Growth told The Financial Post last week.

The regulatory agency announced Friday marijuana consumers shouldn't expect edible and other cannabis products on store shelves "no earlier than mid-December 2019."