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Cannabis producer Canopy Growth reported a net loss of 3.3 billion Canadian dollars ($2.5 billion) for its fiscal year ended March 31, and the company warned of its...
Cannabis and beverage alcohol company Tilray Brands has closed its acquisition of Canadian cannabis producer Hexo Corp., creating what Tilray described as “Canada’s largest cannabis company by revenue.”...
Only 24.4% of businesses in the U.S. cannabis sector report they are profitable, according to a new report by Oregon-based cannabis data and research company Whitney Economics,...
Colombia’s Senate failed to approve a legal framework to regulate recreational marijuana sales, making it the latest country to fall short in a bid to bring illegal cannabis...
A syndicate of parties including the second-largest shareholder of Fire & Flower Holdings Corp. is opposing a proposed stalking-horse agreement between the cannabis retailer and its largest shareholder,...
The U.S. cannabis industry is benefiting from long-desired tax relief now that an increasing number of states – 20 so far – have approved laws that...
The Alabama Medical Cannabis Commission (AMCC) is delaying handing out its initial round of medical marijuana cultivation and retail licenses as it reviews the consistency of its evaluation...
With so much fast-paced expansion and, more recently, downsizing, it can be tough to know where each marijuana multistate operator is operating. That’s why MJBizDaily has mapped out...
Canadian cannabis producer Hexo reported a total net loss before tax of 129.7 million Canadian dollars ($98 million) in the company’s third quarter, bringing accumulated losses since 2016...
Delaware Gov. John Carney installed longtime law enforcement official Robert Coupe as the state’s first marijuana commissioner. Coupe spent nearly 30 years with the Delaware State Police,...