Auxly Cannabis Group’s record 2023 sales helped substantially improve its net loss, but an auditor flagged a “significant doubt” over the company’s ability to continue as a “going concern.”
Auxly auditor flags ‘going concern’ risk as cannab…
Author: Omar Sacirbey
Auxly auditor flags ‘going concern’ risk as cannabis firm reports smaller loss
Auxly Cannabis Group’s record 2023 sales helped substantially improve its net loss, but an auditor flagged a “significant doubt” over the company’s ability to continue as a “going concern.”
Auxly auditor flags ‘going concern’ risk as cannab…
Organigram ‘assessing options’ after unfavorable ruling on cannabis edibles
Health Canada has concluded that Organigram Holdings’ Edison Jolts lozenge cannabis products should be classified as edibles rather than extracts.
Organigram ‘assessing options’ after unfavorable ruling on cannabis edibles is a post from: M…
Tax reforms, pharmacy sales among Canada’s cannabis law review recommendations
A government-appointed panel of experts analyzing Canada’s adult-use legalization law, the Cannabis Act, has recommended the country enable pharmacy access for medical marijuana and reconsider how excise tax is applied to recreational products
Tax refo…
Canadian cannabis operator SNDL halves annual loss to CA$176.6 million
Alberta cannabis and alcohol company SNDL cut its annual loss in fiscal 2023 in half – to 176.6 million Canadian dollars ($130.5 million) – on strong sales growth.
Canadian cannabis operator SNDL halves annual loss to CA$176.6 million is a post from: M…
Curaleaf buying Canadian cannabis operator with eye on global markets
Curaleaf Holdings is continuing its international expansion by signing a deal to acquire Northern Green Canada, a licensed cannabis producer focused primarily on meeting demand in the import-export market.
Curaleaf buying Canadian cannabis operator wit…
Curaleaf buying Canadian cannabis operator with eye on global markets
Curaleaf Holdings is continuing its international expansion by signing a deal to acquire Northern Green Canada, a licensed cannabis producer focused primarily on meeting demand in the import-export market.
Curaleaf buying Canadian cannabis operator wit…
Retailer High Tide acquires premium cannabis brand Queen of Bud for CA$1M
Canadian cannabis retailer High Tide has entered into a definitive agreement to acquire high-end brand Queen of Bud, including all intellectual property, trademarks and other assets.
Retailer High Tide acquires premium cannabis brand Queen of Bud for C…
Retailer High Tide reports break-even net income, record cannabis sales
Canadian cannabis retailer High Tide reported break-even net income and positive free cash flow in its financial results for the first quarter of fiscal 2024.
Retailer High Tide reports break-even net income, record cannabis sales is a post from: MJBiz…
Canada’s finance minister warned about cannabis industry ‘financial distress’
Canadian Finance Minister Chrystia Freeland was warned last fall about systemic “financial distress” facing the country’s cannabis producers, including skyrocketing tax debt and widespread insolvencies.
Canada’s finance minister warned about cannabis i…