Industry update Tilray’s pot sales pop ahead of Aphria merger Tilray stock rose 10% in after-hours trading Wednesday after the firm posted a better-than-expected Q4 loss of US$3M Jared GnamFebruary 17, 2021
Analysis Canopy shares surge on 2022 profit prediction Despite reporting a $829M Q3 loss, shares are up as the Canadian weed giant predicts US legalization will spur profits Jared GnamFebruary 9, 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 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 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 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
Industry update Pure Sunfarms books 7th straight quarter of profits BC-based Village Farms says its cannabis business has a 13.6% market share in the Ontario recreational market Jared GnamNovember 13, 2020
Industry update Despite mixed Q1 results, Aurora soars on Biden victory Company stock has surged more than 150% since Nov. 5, even while reporting declining Canadian weed sales Jared GnamNovember 9, 2020
Canada Canopy celebrates rising Canadian sales and Biden win The Ontario-based super-producer saw Q2 sales grow 23% while it adjusted its US expansion strategy for a Democrat in the White House Jared GnamNovember 9, 2020
COVID-19 Aphria shares tank on weak international sales While the producer holds the largest share of the Canadian adult-use market, falling prices continue to eat at margins Jared GnamOctober 15, 2020