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Nova Cannabis, the Canadian marijuana retailer behind the Value Buds discount chain, reported a net loss of 11.2 million Canadian dollars ($8.2 million) for its 2022 fiscal year,...
Canada’s federal government is launching a consultation that could lead to amendments to the country’s Cannabis Regulations, which govern the production of legal marijuana. The notice of intent...
Switzerland’s government is one step closer to its yearslong effort to launch a trial program involving the sale and consumption of recreational cannabis. Called “Züri Can –...
Monthly retail sales of legal adult-use marijuana in Canada declined by 7.1% from December 2022 to January 2023, to 395.5 million Canadian dollars ($287 million). Canadian cannabis sales...
Potency testing on store-bought cannabis flower by a Canadian laboratory has found THC levels significantly lower than the labeled value, sparking an industrywide conversation about how to address...
Canada-based Adastra Holdings faces a proposed class action lawsuit from a shareholder who alleges the marijuana company made “misleading statements about (its) ability to legally sell cocaine.” The...
Mere months before Robert Fireman died suddenly in December, the co-founder and former CEO of Massachusetts-based MariMed shook up the cannabis company’s management team and created...
The collapse of Silicon Valley Bank (SVB) isn’t good news for anyone. Bank collapses portend wider threats to the economy – the Great Depression is one such example...
Cannabis producer Hexo reported a lower loss for the quarter ended Jan. 31, 2023, but the Gatineau, Quebec-based company’s sales took a nosedive, according to its...
The largest provincial business advocacy body in Canada is calling on the Ontario government to allow cannabis consumption establishments as part of efforts to modernize and...
