The weed wire Neptune Wellness Solutions signs $16.5M extraction deal with unnamed partner The 44,000 kilograms of hemp biomass will be processed at the Sherbrooke, QC, facility. Michelle GamageMay 19, 2020
The weed wire Revenue growth stagnates for Charlotte’s Web A decrease in business-to-business sales was offset by increase in direct-to-consumer sales, company says Nick LabaMay 14, 2020
The weed wire Aleafia Health boasts industry-leading gross margin in Q1 report While positive cash flow remains rare in the cannabis industry, Aleafia reported it in two straight quarters Jared GnamMay 14, 2020
The weed wire Canopy continues trickle-out of 2.0 products after months-long delay The industry giant will soon have its third and fourth infused beverage products in Canada's weed market Jared GnamMay 13, 2020
The weed wire Materia acquisition secures foothold in German medical market The acquired company has all the licensing to import and distribute medical cannabis throughout Germany, according to a statement Nick LabaMay 12, 2020
COVID-19 Tilray slides on massive Q1 loss, says COVID-19 hasn’t disrupted operations Company said it had to grapple with reducing its 1,443-member workforce by 10% in February and restructure its operations Jared GnamMay 12, 2020
COVID-19 Tetra Bio-Pharma to resume cannabis pet study after COVID-19 halted trial Company is testing similar cannabis drug to see if it can treat symptoms of COVID-19 in humans Jared GnamMay 11, 2020
The weed wire Fire & Flower says it has 100K members on its online sales platform 20K new members have joined since stay-at-home orders came into effect in March, company says Nick LabaMay 11, 2020
COVID-19 Europeans flocked to dark web to buy weed as pandemic set in: report Drug sales spiked 25 per cent during first 3 months of the year Michelle GamageMay 8, 2020
The weed wire Aphria renegotiates debt, lays off marketing boss CEO Irwin Simon told BNN Bloomberg it's laying off a dozen staff including its chief marketing officer Nick LabaMay 8, 2020