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A legal dispute pitting a Scotts Miracle-Gro subsidiary against an investment fund controlled by the executive chair of cannabis multistate operator TerrAscend has been settled, with the MSO-connected...
Are widespread layoffs in the North American cannabis industry an effective cost-cutting tool – or will they do more damage in an already challenging environment? Recent...
Canada’s cannabis consumers spent 4.52 billion Canadian dollars ($3.35 billion) on regulated adult-use products in 2022, growing 17.9% over 2021’s sales total, according to new retail...
Canadian cannabis producer Canopy Growth Corp. entered into an agreement with an institutional investor for a convertible debt issuance worth up to $150 million (203 million Canadian dollars)...
Calgary, Alberta-based SNDL is cutting 85 jobs as a part of a plan to deliver approximately 9 million Canadian dollars ($6.7 million) in cost savings, making it the latest...
Colombia’s cannabis exports were on pace to nearly double last year, as the South American country aims to meet demand in the small but growing international import...
In a major policy shift, Twitter Inc. is allowing “approved” and state-legal cannabis companies and other advertisers to post ads in the United States for regulated...
Israeli medical cannabis producer InterCure said it is suing Cann Pharmaceuticals, which does business as Better, over a failed merger. InterCure’s $35 million all-stock acquisition of Better...
Ontario, Canada-headquartered cannabis company Aleafia Health said it cut its “full-time equivalent” staff headcount by 20% during the quarter ended Dec. 31 as part of a push to...
Edmonton, Alberta-based Aurora Cannabis posted positive adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) worth 1.4 million Canadian dollars ($1 million) in its second fiscal quarter of...
