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…
Author: Terry Hacienda
Canadian, British cannabis companies Aqualitas and Cannaray to merge
Medical cannabis companies from Canada and Britain are joining forces to create a global, vertically integrated business to tap opportunities in Europe and beyond.
Canadian, British cannabis companies Aqualitas and Cannaray to merge is a post from: MJB…
Canadian, British cannabis companies Aqualitas and Cannaray to merge
Medical cannabis companies from Canada and Britain are joining forces to create a global, vertically integrated business to tap opportunities in Europe and beyond.
Canadian, British cannabis companies Aqualitas and Cannaray to merge is a post from: MJB…
Israel’s IMC looks to spin out, sell cannabis unit in pivot to biotech sector
IM Cannabis Corp. is proposing a reverse merger with Israeli biotechnology firm Kadimastem in which it would spin out – and potentially sell – its existing medical marijuana operations in Israel and Germany.
Israel’s IMC looks to spin out, sell c…
Israel’s IMC looks to spin out, sell cannabis unit in pivot to biotech sector
IM Cannabis Corp. is proposing a reverse merger with Israeli biotechnology firm Kadimastem in which it would spin out – and potentially sell – its existing medical marijuana operations in Israel and Germany.
Israel’s IMC looks to spin out, sell c…
Netherlands irons out wrinkles in cannabis experiment ahead of full summer launch
Dutch authorities have ironed out issues involving the Netherlands’ cannabis experiment, government and industry officials told MJBizDaily.
Netherlands irons out wrinkles in cannabis experiment ahead of full summer launch is a post from: MJBizDaily: Fi…
Canadian recreational cannabis sales rise in October to CA$448.6 million
Canadian sales of recreational cannabis rose to 448.6 million Canadian dollars in October ($336 million), marking a small increase from the previous month and a 15% increase over the same period last year.
Canadian recreational cannabis sales rise in O…
Cannabis pop-up stores coming to Alberta trade shows, festivals
The Canadian province of Alberta is revamping its regulations to allow cannabis retailers to operate temporary stores at age-gated events such as trade shows and festivals starting next year.
Cannabis pop-up stores coming to Alberta trade shows, festiv…
Cannabis producer Organigram reports CA$248 million loss, massive excise bill
Canadian cannabis producer Organigram reported a loss of 248.6 million Canadian dollars ($185 million) in the 2023 fiscal year, postponed its free cash flow guidance and appointed a permanent chief financial officer.
Cannabis producer Organigram report…
Cannabis producer Canopy sells skin care unit to Inspirit Capital for CA$15.9M
Cannabis producer Canopy Growth has completed the sale of its This Works skin care and wellness unit to United Kingdom-based Inspirit Capital for 9.3 million pounds (15.9 million Canadian dollars).
Cannabis producer Canopy sells skin care unit to Inspi…