Cannabis

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.

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.

Louisiana joins more than 30 U.S. states, and the first one in the Deep South, with a medical cannabis program that officially began on Aug. 6 after a four-year regulatory hurdle.

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.

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

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.

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.

The governor of America's fourth most populous state wanted to legalize recreational cannabis use this year, but had to settle for decriminalization of pot.

The latest distribution deal with Kroger gives the Colorado-based company a total of five tie-ups with major U.S. retailers to ship its hemp CBD topical products into a total of 8,000 U.S. locations.

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.

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 FDA issued a warning letter to the largest cannabis company based in the U.S. for illegally selling and providing unproven claims online for its CBD products.

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.

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 U.S. Food and Drug Administration (FDA) said last week it is speeding up its efforts to create rules for CBD and plans to publish a report on its progress by early fall.

U.S. cannabis market research firm Brightfield Group says the American CBD market will reach US$5 billion this year due to hemp legalization and more retail chains carrying CBD products.

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.

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.

Democrat Governor David Ige says the new bill could lead to further legalization efforts “and other mechanisms to make marijuana more available.”

Both Republicans and Democrats discussed ways to end U.S. federal cannabis prohibition at a landmark Congressional hearing on July 10.

The "BWell Market" will offer hemp-derived CBD products to U.S. customers and try to cash in on the CBD buzz.

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.

According to U.S. federal data, at the end of March there were 493 banks and 140 credit unions that handled transactions relating to the cannabis industry.

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.

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.

Gov. Phil Murphy signed the Jake Honig Compassionate Use Medical Cannabis Act on Tuesday, to make cannabis more accessible for patients battling disease and needing pain relief.

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

American farmers are planting more hemp than ever this year, including in South Carolina, which is projecting a 1,200 per cent increase in acres planted.

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.