News

Despite Curaleaf reporting wider losses and lower-than-expected revenues in the second-quarter, investors remained upbeat on its more than US$1-billion revenue guidance for 2020.

The former New England Patriots tight end will promote CBD products for Rhode Island-based Abacus Health while calling on the NFL to allow athletes to use the touted wellness extract.

The Vancouver-based pot producer inked a deal with a "Canadian beverage technology company" to ready itself for the coming next-phase infused product launch in Canada later this year.

Mugglehead talks with Adam Coates, chief commercial officer at Westleaf, how the company will produce next-phase cannabis products at its newly-minted extraction facility designed by world-leading scientists.

Victoria-based Paracanna launched a DIY kit for consumers to legally infuse cannabis oil into gummies ahead of the second-wave of legalization.

New York-based Acabada is taking the CBD craze to another level, launching a new line of CBD-infused activewear designed to help female athletes recover faster by reducing pain and inflammation.

Ontario selected 42 operators from its second cannabis retail lottery Aug. 20, but critics say the new stores still won't be enough to combat the black market while pointing out other issues.

The Toronto-based pot company is the latest to make its foray into the U.S. by acquiring Quill, a multi-state vape technology brand known for its health-focused disposable vape pens.

Statistics Canada's national survey of licensed producers reveals a surge in employment and reports there are now 175 companies operating in the cannabis space.

The new cannabis store will be called Weden Santa Ana, serving as the flagship for the California-based company's Weden brand while also advancing its business-to-consumer strategy.

Despite 40 per cent of its market value being wiped out since March, the Edmonton-based company has bold plans to dominate the global hemp CBD market moving forward.

The initiative will allow Oregon customers to purchase a Curaleaf custom-designed pre-roll product, with a portion of all proceeds benefiting the Veterans Cannabis Project.

The U.S. Centers for Disease Control is investigating 94 reports of people in hospitals with vape-related lung illnesses across 14 states with a number of cases related to the use of illegal cannabis vape cartridges.

Pot-infused gummies, shatter and face creams will be legal in Canada at the end of the year and a survey conducted by Ernst & Young and Lift & Co. suggests those items will attract three million additional consumers.

Shares of the Colorado-based CBD company slumped after it posted a decline in profit, as investors appear to be worried about how long it will take for the FDA to issue its CBD rules.

The National Cannabis Survey also shows 42 per cent of Canadians who said they use pot bought it from the black market.

Shares of Canopy sunk to their lowest level this year, as the Ontario-based cannabis giant saw pot sales decline in Canada for the third straight quarter while losses continue to pile.

Acreage shares fell 10 per cent after it posted a second-quarter loss of US$33.9 million, but the American pot firm said it plans to open up pot shops under Canopy's brands across the U.S.

Shares of the B.C.-based pot producer tumbled after it posted a wider-than-expected loss for the second quarter and despite revenues nearly doubling from the last quarter.

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.

As the cannabis industry reaches the heart of earnings season, investors are looking for profits and weren't impressed with Cronos CEO's second-half spending projections in its Q2 report.

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.

As CBD continues to soar in popularity, one survey shows it gets more online searches than Beyonce and Kim Kardashian, while a recent Gallup poll says one-in-seven Americans now take the vaunted extract.

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.

The Columbus-based CBD retailer will have 105 of its Seventh Sense shops open in malls across the U.S. by Aug. 8.

The B.C.-based pot company adds nearly 50 acres of outdoor production in Portugal to further supply the European Union medical cannabis market.

Shares of Aurora rose after the Edmonton-based pot company estimated its fourth quarter production available for sale could reach 30,000 kilograms, up 5,000 kilograms from its previous guidance report.

America's No. 1 selling iced tea brand is going to pot by inking a licensing deal with Colorado-based Dixie Brands to make and sell cannabis-infused gummies, drinks and vape pens.

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 Phoenix-based company owns, operates or manages six cultivation and production facilities and 11 retail stores across eight states and began trading on the Canadian Securities Exchange on Aug. 6.

While embattled cannabis producer CannTrust awaits its fate with Health Canada for its regulatory breach, Aphria told Bloomberg it might consider buying the troubled company's assets.

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.

The Ontario-based pot firm posted a profit of $15.8 million in its fourth quarter on a net revenue of $128.6 million fueled by a jump in Canadian recreational cannabis sales.

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 Florida-based company said it is opening its 30th location in the Sunshine State and continues to build on its success in the state's medical cannabis market.

A Tel Aviv-based team at Weedley is launching several clinical studies to test if CBD is an effective and safe way to treat pain in dogs and horses.