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Consumer sales of recreational cannabis products in November 2022 fell in almost every Canadian province and major city, according to newly released data by Statistics Canada....
Hexo Corp. has regained compliance with the Nasdaq’s minimum bid price, allowing the Canadian cannabis company to continue listing its shares on the U.S. stock exchange. Quebec-headquartered Hexo...
Tilray Brands, a Canada-headquartered multinational marijuana, alcohol and pharmaceutical distribution company, is laying off roughly a quarter of its staff at its medical cannabis facility in...
Publicly traded international medical cannabis company IM Cannabis Corp. is launching two non-brokered private placements to raise as much as $5.5 million. The fundraising announced Friday includes a...
Canada-based cannabis and alcohol company Tilray Brands reported a second-quarter net loss of $61.6 million ($82.4 million Canadian dollars) on net revenue of $144.1 million. That $144.1 million...
Winnipeg, Manitoba-based marijuana cultivator and retailer Delta 9 Cannabis is cutting its cultivation capacity by about 40%, including “a temporary layoff of approximately 40 staff,” as part of...
Global pharma giant Jazz Pharmaceuticals filed a lawsuit alleging that a list of generic drug companies infringed on its patents for Epidiolex, a cannabis-derived drug used to...
The U.S. Virgin Islands is on the verge of legalizing adult-use marijuana. Shortly before the new year, a veto-proof majority of lawmakers in the U.S. territory...
The new year brings renewed optimism and hope for the marijuana industry, which could see a raft of impactful trends for cannabis business executives. Overall, 2022...
Health Canada is cracking down on alleged abuse of medical cannabis access via the personal and designated production program. Canada’s personal and designated production program allows...
