Extraction Canopy’s GW Pharma lawsuit could be trouble for US extractors Canopy has a fair shot at winning its suit against GW, but the case might not have a widespread effect on US pot extractors,... Jared GnamDecember 24, 2020
Industry update MagicMed attracts investors to advance library of psychedelic derivatives After raising $8.1M, the Calgary company filed 12 patents and launched a candidate selection program for novel psychedelic mental health treatments Jared GnamDecember 23, 2020
Industry update Canopy Growth inks $297M deal to give up stake in Canopy Rivers The Canadian weed giant is cutting ties with its venture capital firm that will have the freedom to focus on the U.S. market Jared GnamDecember 21, 2020
Industry update Unifor and Aleafia Health team up in push for medical cannabis coverage With 315,000 workers, Canada's largest private union is set to recommend insurance coverage in collective bargaining agreements Jared GnamDecember 18, 2020
Industry update Canadian cannabis sales climb to $270M in October Ontario led all provinces for the fifth straight month with sales growing 7.6% in October to $83.9 million Jared GnamDecember 18, 2020
Industry update Health Canada hints at increased grey market enforcement In a release of cannabis for medical purposes data, the agency highlights increasingly high daily doses prescribed by a small subset of practitioners Nick LabaDecember 18, 2020
Industry update Tilray and Aphria unveil merger plan to create world’s biggest weed firm But the $5B all-stock deal raised doubts if two bloated producers could combine to become anything better Jared GnamDecember 16, 2020
Industry update Aurora shares slump on latest round of job cuts The Edmonton-based pot firm said it will lay off 214 workers and cut production at its flagship Aurora Sky facility Jared GnamDecember 16, 2020
Industry update Fire & Flower’s revenues rise despite pandemic The owner of 67 Canadian pot shops saw Q3 sales jump 16% to $33M while recording net losses of $25.7M Jared GnamDecember 15, 2020
Industry update Gut bacteria play role in endocannabinoid system, healthy brain function: study Institut Pasteur researchers found that changes to the gut's bacterial population lead to lower endocannabioid levels and depression in mice Jared GnamDecember 15, 2020