Tilray Launches Canadian Cannabis 2.0 Products, Completes First Export Of Medical Cannabis Extract To Switzerland

Dec 18, 2019 | Canada

Tilray, Inc. TLRY subsidiary High Park Holdings Ltd. announced its line of Cannabis 2.0 products Tuesday.  The company’s new products include the confectionery brand Chowie Wowie, wellness brand Rmdy and the beverage...

Back to Green: Cantor Fitzgerald Says Canadian Cannabis Stocks Hit Bottom

Nov 6, 2019 | Canada

After a bruising summer of selling, has the Canadian cannabis sector finally bottomed out? Cantor Fitzgerald says it has and is betting that positive catalysts will outweigh negative ones in the coming year. “Valuations are at two-year lows, and we deem them...

Major Weed Companies Are Cutting Hundreds of Jobs as the Industry Struggles

Oct 26, 2019 | Canada

The Canadian weed company that’s going to destroy $77 million worth of illegal cannabis plants and inventory, is slashing the jobs of a quarter of its workforce. It is the second major cannabis company to announce hundreds of layoffs this week amid a big downturn...

Canadian Marijuana Producer Destroying $58 Million Of Pot

Oct 17, 2019 | Canada

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...

For Canadian Seniors, One Year Of Legal Cannabis Has Been A Game-Changer

Oct 17, 2019 | Canada

When a jurisdiction transitions from medicinal-use-only to full cannabis legalization, it impacts older adults in different ways. In California, for example, full legalization has blurred the distinction between medicinal and adult use, as seniors frequently bypass...

Ontario And Quebec’s Cannabis Retail ‘Nightmare’ Threatens Industry, Experts Fear

Oct 16, 2019 | Canada, Great Lakes Region

A year after legalization, the honeymoon is over for Canada’s cannabis industry. Many producers are reporting disappointing earnings; some have seen crop failures; turnover is high in the executive suite; and so far, prices in the legal industry are far higher...