The Business of Cannabis

Why Canada’s Cannabis Bubble Burst

When Canada legalised marijuana just over a year ago, it seemed like anyone who was anyone wanted to break into the market. The media nicknamed the frenzy Canada’s “green rush”, as investors like Snoop Dogg and the former head of Toronto’s...

Canadian Marijuana Producer Destroying $58 Million Of Pot

The Canadian cannabis producer CannTrust Holdings will destroy $77 million Canadian dollars ($58.2 million) worth of product in an effort to regain regulatory compliance. CannTrust said on Monday evening that it will destroy CA$12 million of plants and CA$65...