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
Analysis Aurora Cannabis to close 5 facilities, lay off 700 staff in search for profits Cannabis giant makes second round of aggressive cuts as industry continues to downsize amid headwinds Jared GnamJune 23, 2020
Canada Cronos continues to underwhelm in Q1, warns COVID-19 will hamper sales CEO Mike Gorenstein forecasts a 'bumpy' road ahead for Canada's weed industry Jared GnamMay 8, 2020
Canada Hexo drops on share offering, inventory writedown The Quebec-based producer diluted the value of its existing stock by issuing more shares as it also reported a $2.4 million write-down on 'cannabis... Jared GnamJanuary 3, 2020
Canada Hexo’s October Freefall Continues After Pot Firm Reports $56.7 Million Loss Shares of Hexo have tumbled 45 per cent since early October after the embattled cannabis producer has drawn negative headlines including a larger-than-expected fourth-quarter... Jared GnamOctober 29, 2019
Canada Cannabis Inventory Levels on the Rise, Growing Risk for Writedowns National inventory levels of unfinished and unpackaged cannabis continued to rise in April, according to a report Health Canada released last month. David JJuly 5, 2019