Jun 17, 2022 | Canada
Canadian cannabis 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 bit longer. Canada’s federal health department told MJBizDaily that proposed...
May 2, 2022 | Canada
Canadian sales of legal cannabis pre-rolls nearly doubled between 2020 and 2021, outstripping total marijuana market growth as convenience-seeking consumers increased spending on the ready-to-smoke form factor, according to data from Seattle-based cannabis-analytics...
Apr 19, 2022 | Canada
Canada’s top cannabis regulator has been busy blowing the whistle on possible business-related foul play.Health Canada referred nearly 500 cannabis business-related cases to the Royal Canadian Mounted Police (RCMP) for possible enforcement action during the two years...
Mar 27, 2022 | Canada
Cresco Labs Inc is buying rival Columbia Care Inc in a $2-billion deal to become the top U.S. cannabis producer in one of the biggest deals in the industry. Cresco executives said the combined entity has the potential to be a brand as big as Coca-Cola or Johnnie...
Feb 2, 2022 | Canada
At least two large Canadian cannabis companies have been notified by the Nasdaq that their shares do not meet the stock exchange’s listing standards. Quebec-based Hexo Corp. and Calgary-headquartered Sundial Growers said they both recently received notices from the...
Dec 8, 2021 | Canada
A new deal between a luxury goods brand and a Canadian cannabis producer will see greater investment in the growing CBD beverages market in 2022. Toronto-based cannabis company Flora Growth Corp. announced Monday that it has signed a licensing agreement with Tonino...