Industry update Curaleaf expands cannabis empire into Europe, posts record Q4 sales America's biggest pot operator says it expects to report at least US$1.2B in revenue for fiscal 2021 Jared GnamMarch 10, 2021
Industry update Canada’s personal medical pot growers face strict new rules While Health Canada is looking to address concerns over illicit market diversion, advocates warn new strict rules could hurt patient access Jared GnamMarch 9, 2021
Industry update GOP congressman asks Virginia governor to veto legal weed bill Virginia is only a governor's signature away from becoming the first Southern state to legalize cannabis Jared GnamMarch 8, 2021
Industry update Valens bullish on manufacturing strategy despite Q4 sales drop Despite an 11.6% drop in revenue, the Canadian cannabis extractor says domestic manufacturing expansion will boost sales this year Jared GnamFebruary 25, 2021
Industry update Fire & Flower to enter US weed retail market via licensing deal Alberta-based retailer signs deal with small private firm to license its retail brand and technology in key US markets Jared GnamFebruary 22, 2021
Industry update New Jersey legalizes weed after 111-day delay Gov. Phil Murphy signed legislation Monday after more than two-thirds of New Jersey voters voted for legal weed on Nov. 3 Jared GnamFebruary 22, 2021
Canada Canadian cannabis sales increased 120% in 2020 to $2.6B Despite new lockdown orders issued in some provinces, recreational weed sales climbed 14.3% in December to $298.4M Jared GnamFebruary 19, 2021
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
Industry update Ontario increases pot shop approvals to 30 a week Ontario's cannabis regulator says it's issued 489 store licences, with another 940 applications in the queue Jared GnamFebruary 16, 2021
Industry update CaaMTech close to winning patent to combine weed and psychedelics The Washington State-based biotech startup's application covers a range of cannabinoids and psilocybin compounds Jared GnamFebruary 10, 2021