News Hexo to buy 48North Cannabis for $50M Amid a wave of consolidation, the Ottawa firm says the deal will give it a top-2 position in the Canadian adult-use weed market Jared GnamMay 17, 2021
Canada Aurora stock falls amid more large losses and cost cuts With a massive $164.7M Q3 loss and a second round of cuts, the Edmonton producer is illustrative of troubles in the Canadian cannabis industry Jared GnamMay 14, 2021
News Village Farms stock drops 25% on flat pot sales Pure Sunfarms will double capacity by 2022, despite oversupply issues and fierce competition in the Canadian pot market Jared GnamMay 10, 2021
Industry update Canadian pot production slows as supply eases to 1.1B grams Around 96,000 kg of dried bud was produced last December, an 11-month low, as cultivators grapple with supply issues Jared GnamApril 26, 2021
Analysis 48North cuts outdoor production, 20% of staff Ontario producer's Good Farm likely wasn't even covering labour costs amid nationwide supply gluts, says BCMI Cannabis Report Jared GnamMarch 29, 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 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 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