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
Industry update Hexo cuts losses, bets big on pot drinks The Ottawa-based producer cut net losses to $4.2 million in Q1, while predicting infused beverages will hit 15% of Canada's market Jared GnamDecember 14, 2020
Industry update Cannabis operators 98% compliant: Health Canada 2019–20 report Over the year, the federal agency says it conducted 425 inspections and 381 compliance verifications on Canada's weed operators Jared GnamDecember 14, 2020
Industry update Mydecine to make first legal import of psilocybin mushrooms into Canada Canada continues to open the door for clinical research the effectiveness of psilocybin for mental health treatments Jared GnamDecember 11, 2020
Industry update Weedmaps gets Nasdaq listing in US$1.5B deal Through a merger deal, the e-commerce site will be a rare cannabis company listed on an American exchange Jared GnamDecember 10, 2020
Industry update Dousing strawberries in CBD oil reduces mould, extends shelf life: study Research from the University of South Florida suggests CBD has promising potential as an antimicrobial treatment for fresh produce Jared GnamDecember 10, 2020
Industry update Canopy shutters 5 Canadian facilities, beverage boss walks Canadian weed giant to lay off 220 workers in an effort to save up to $200M Jared GnamDecember 9, 2020
Industry update First Canadian health care workers approved for psilocybin therapy training Part of the program involves trainees taking psilocybin themselves Nick LabaDecember 8, 2020
Legalization Passing of ‘historic’ MORE Act moot unless Georgia runoff swings blue With the Republican-led Senate vowing to block cannabis reform, passing of the landmark bill may only amount to a symbolic win Jared GnamDecember 4, 2020