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 Canadian cannabis sales climb to $270M in October Ontario led all provinces for the fifth straight month with sales growing 7.6% in October to $83.9 million Jared GnamDecember 18, 2020
Canada Remove OCS advantages to increase Ontario’s legal market share, pot shops say While the OCS says it's fighting the illicit market in its Q2 report, a Toronto retailer offers other ways to make Ontario's legal pot... Jared GnamDecember 18, 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 Aurora shares slump on latest round of job cuts The Edmonton-based pot firm said it will lay off 214 workers and cut production at its flagship Aurora Sky facility Jared GnamDecember 16, 2020
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 Cannabis operators 98% compliant: Health Canada 2019–20 report Over the year, the federal agency says it conducted 425 inspections and 381 compliance verifications on Canada's weed operators Jared GnamDecember 14, 2020
Canada Health Canada requests public feedback on amending various strict pot rules On Dec. 12, the federal agency begins a 30-day public comment period on amending regulations on research, packaging, possession limits, and more Jared GnamDecember 11, 2020
Industry update Weedmaps gets Nasdaq listing in US$1.5B deal Through a merger deal, the e-commerce site will be a rare cannabis company listed on an American exchange Jared GnamDecember 10, 2020