The number of canceled cannabis business licenses have soared alongside the amount of “uncollectable” excise tax in Canada.
Canada’s canceled licenses, ‘uncollectible’ cannabis taxes soar is a post from: MJBizDaily: Financial, Legal & C…
Author: Amy Hansen
Canadian producer Heritage Cannabis granted creditor protection
Heritage Cannabis is the latest Canadian marijuana producer to obtain an order for creditor protection as a wave of insolvencies continues to sweep across the nation’s adult-use market.
Canadian producer Heritage Cannabis granted creditor protection is…
Canopy Growth alum McCarthy takes helm of Cannabis Council of Canada
Cannabis industry veteran Paul McCarthy was appointed president of the Cannabis Council of Canada, the country’s largest industry-supported lobby group.
Canopy Growth alum McCarthy takes helm of Cannabis Council of Canada is a post from: MJBizDaily: Fi…
Canadian marijuana operator Indiva weighs options, including potential sale
Canada’s leading producer of cannabis edibles, Indiva Limited, has hired a financial adviser to help the company evaluate an array of strategic options.
Canadian marijuana operator Indiva weighs options, including potential sale is a post from: MJBizDa…
CEO of Aussie cannabis firm Cann Group resigns amid ‘new strategic direction’
Cann Group Limited CEO Peter Koetsier is resigning from the Melbourne cannabis company for “family reasons,”
CEO of Aussie cannabis firm Cann Group resigns amid ‘new strategic direction’ is a post from: MJBizDaily: Financial, Legal & Ca…
Imperial Brands converts CA$123 million in debt to Auxly Cannabis shares
Imperial Brands has converted more than 123.4 million Canadian dollars ($90.6 million) in total debt to shares of Auxly Cannabis Group, formally giving the British tobacco giant a 19.8% ownership position in the Toronto-based marijuana company.
Imperia…
Imperial Brands converts CA$123 million in debt to Auxly Cannabis shares
Imperial Brands has converted more than 123.4 million Canadian dollars ($90.6 million) in total debt to shares of Auxly Cannabis Group, formally giving the British tobacco giant a 19.8% ownership position in the Toronto-based marijuana company.
Imperia…
Germany’s new law legalizing limited adult-use cannabis market now in force
Germany’s cannabis law took effect Monday, making it the second Group of Seven country to legalize and regulate adult-use cannabis nationally.
Germany’s new law legalizing limited adult-use cannabis market now in force is a post from: MJBizDaily:…
Growing Colombia cannabis exports reach $10.8 million as government extends sell-by dates
Colombia’s medical cannabis exports continued to grow last year, although sales still haven’t reached the level that the country’s operators envisioned.
Growing Colombia cannabis exports reach $10.8 million as government extends sell-by dates is a post…
Cannabis producer Rubicon reports quarterly profit of nearly CA$900,000
Rubicon Organics reported a modest profit of 889,166 Canadian dollars ($656,000) in its fourth quarter ended Dec. 31, 2023, but the Canadian cannabis producer’s loss for the fiscal year amounted to CA$1.1 million.
Cannabis producer Rubicon reports quar…