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Zenabis Global, a subsidiary of Quebec-based licensed cannabis producer Hexo Corp., filed for creditor protection under Canada’s Companies’ Creditors Arrangement Act (CCAA) to restructure the business....
Canadian marijuana companies awaiting a potentially major regulatory overhaul that could pump new life into the country’s fledgling infused beverage market will have to wait a...
Two of Canada’s biggest cannabis retailers, Edmonton, Alberta-based High Tide and Toronto’s Fire & Flower, reported small losses in their latest respective quarters. However, one retailer...
Hexo Corp. reported a net loss of 146 million Canadian dollars ($112 million) for its February-April quarter, bringing the Canadian cannabis producer’s loss for the first nine months...
Neptune Wellness Solutions is the latest business to retreat from Canada’s increasingly competitive cannabis industry. The Laval, Quebec-based company said in a Wednesday news release it plans to...
Aurora Cannabis has bought back roughly $20 million worth of convertible senior notes. Edmonton, Alberta-based Aurora said Friday it repurchased the notes to “reduce the company’s debt...
The credibility of the government-run Ontario Cannabis Store is at stake after sensitive industry data was misappropriated and leaked, according to experts. The Ontario Provincial Police (OPP) confirmed...
Canadian officials announced on Wednesday that a plan to decriminalize small amounts of drugs in British Columbia has been approved for a three-year test period. British...
