Industry update Hexo to enter Europe with $265M Zenabis acquisition Hexo says the all-stock deal will gives it a top-3 spot in the Canadian cannabis market and a key foothold in Europe Jared GnamFebruary 16, 2021
Analysis Valens bets big on edibles with $25M LYF acquisition Valens expects LYF's health and wellness-focused products will help drive the edibles category to 10% of Canada's legal cannabis market Jared GnamJanuary 28, 2021
Industry update Valens shares fall after liquidating most cannabis oil inventory Citing outdoor supply gluts and falling prices, the Canadian extractor liquidated $10M worth of product in Q4 2020 Jared GnamJanuary 20, 2021
Industry update Organigram shares sink as sales shrink High-cost cultivation without premium brands is a losing combo for the New Brunswick producer, analyst says Jared GnamJanuary 12, 2021
Industry update WeedMD CEO exits after less than a year Angelo Tsebelis is replaced by chairman George Scorsis as the Ontario producer's interim CEO Jared GnamJanuary 4, 2021
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 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 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 Canadian legal weed sales reach $256M in September Legal sales inched up 2% from August led by Ontario's 5% monthly increase, according to StatsCan Jared GnamNovember 20, 2020
Industry update MediPharm reports 89% one-year revenue decline The Ontario-based cannabis extractor will cut 30% of its workforce as third-quarter sales fell to $4.9 million Jared GnamNovember 16, 2020