Industry update Cresco Labs enters Massachusetts via Cultivate acquisition The major US cannabis operator will pay at least US$90M to enter its 10th state Jared GnamMarch 18, 2021
Industry update Hexo touts Q2 earnings, eyes M&A Once its deal to buy Zenabis closes, Hexo says it will be close to top-2 in Canadian recreational weed sales Jared GnamMarch 18, 2021
Industry update Alberta’s regulator upholds promotions ban In a note sent to businesses this week, the AGLC says it will focus on other measures to reduce red tape Nick LabaMarch 18, 2021
Industry update American pot giant Green Thumb nets US$556.6M in 2020 The pot stock darling beat analyst consensus with US$177.2M in Q4 revenue Jared GnamMarch 17, 2021
Industry update Australia to spend $14.5M on psychedelic drug trials Australia is funding research to see if magic mushrooms and ecstasy can treat depression and PTSD Jared GnamMarch 17, 2021
Industry update Why running gets you high Endocannabinoids play a larger role than suggested by previous endorphin-focused research, new study shows Natalia Buendia CalvilloMarch 17, 2021
Industry update Growth slows for Pure Sunfarms While annual sales were up overall, the B.C.-based producer incurred a $3.3M non-cash charge on cannabis inventory in Q4 2020 Nick LabaMarch 16, 2021
Industry update Low-priority psychedelics enforcement policy starts in DC Initiative 81 came into effect in the US capital on Monday, changing law to make enforcement of psychedelics among the lowest police priorities Nick LabaMarch 16, 2021
Industry update Tokyo Smoke workers latest in cannabis industry to unionize Ontario's UFCW Local 1006A continues to see strong interest from weed workers exploring unionization Jared GnamMarch 15, 2021
Industry update After CEO’s successful 6 months, OCS in search of new boss Despite reporting good results, Ontario's public pot company doesn't appear to be considering interim exec Thomas Haig for the permanent role Nick LabaMarch 12, 2021