Business Flat sales, $75M net loss for Aurora in Q2 With adult-use sales halved from a year ago, the large majority of the firm's sales now come from international medical markets Nick LabaFebruary 10, 2022
Business Valens ships first orders from Ontario facility It also revealed an expanded deal with an unnamed licensed producer Natalia Buendia CalvilloFebruary 10, 2022
News Electricity firm retracts decision to deny power to Mississippi cannabis businesses The reversal followed a flurry of headlines on the issue Natalia Buendia CalvilloFebruary 10, 2022
Business Neptune reports Q3 revenue up 17% to $18.4M, net loss of $21M Taking a recent majority stake in a baby food maker, Neptune joins other pot firms expanding broadly into different CPG categories Nick LabaFebruary 10, 2022
International Israeli justice minister proposes decriminalization of recreational cannabis But he also supports continued enforcement without a legal framework yet in place Natalia Buendia CalvilloFebruary 10, 2022
Cannabis Thailand officially drops low-THC cannabis from narcotics list Extracts and cannabis with THC above 0.2% remain illegal Kathryn TindaleFebruary 10, 2022
News Tennessee’s largest electricity firm might not provide power to state-legal cannabis businesses The Tennessee Valley Authority says it may report local power companies that serve cannabis businesses Natalia Buendia CalvilloFebruary 9, 2022
Business Hexo slashing 180 jobs to save $15M annually The firm had said it plans to cut SG&A expenses by 30% by the end of fiscal 2023 Kathryn TindaleFebruary 9, 2022
Business Canopy’s recreational pot sales drop 18% in Q3 But sales for the firm's BioSteel sports drinks and Storz & Bickel vaporizers have been rising Nick LabaFebruary 9, 2022
Beverages Tilray’s Sweetwater Brewing expands distribution in California The distribution agreement puts craft beers in restaurants, bars, grocery chains and liquor stores across the Golden State Kathryn TindaleFebruary 9, 2022