Regulated recreational marijuana retailers in Maine sold $1.4 million worth of cannabis in the first month of adult-use legalization, which kicked off on Oct. 9. The preliminary, unaudited sales data from Maine’s Office of Marijuana Policy (OMP) …
Author: Terry Hacienda
Cannabis delivery, curbside pickup return to parts of Ontario — but for how long?
Private-sector Ontario cannabis retailers may once again offer home delivery and curbside pickup during a month-long pandemic lockdown in two heavily-populated regions, but it remains unclear how long the government will continue permitting those servi…
Canadian legal marijuana sales exceed CA$256 million in September
Canadian sales of regulated cannabis reached 256.3 million Canadian dollars ($196.4 million) in September, a 1.85% increase over August’s sales as the pace of monthly growth slowed. Statistics Canada’s September’s cannabis sales figur…
Illinois cannabis industry seeks end to MMJ-recreational retail relocation rule
Cannabis industry insiders in Illinois are calling on state lawmakers to allow certain existing medical marijuana dispensaries to relocate without losing the ability to add an adult-use sales license.
Illinois cannabis industry seeks end to MMJ-recreat…
Voyage Cannabis cannabis oil recalled in Canada due to mislabeling
A recall has been issued for nine lots of cannabis oil from British Columbia-based Voyage Cannabis Corp., the latest example of a Canadian marijuana recall due to incorrect labeling. Health Canada says the recall issued Nov. 13 involves nine lots of Vo…
Tilray net loss shrinks to $2.3 million in third quarter
British Columbia-based marijuana producer Tilray reported third-quarter results showing flat total revenue growth compared to the same quarter a year before. Tilray, which reports in U.S. dollars, booked $51.4 million in revenue for the third quarter o…
Aurora Cannabis reports quarterly loss amid restructuring push
Major Canadian marijuana producer Aurora Cannabis reported a slight quarterly revenue increase during its first fiscal quarter, despite an adjusted EBITDA loss of 57.9 million Canadian dollars ($44.7 million) as the company worked through its transitio…
TerrAscend to buy Maryland marijuana firm from Curaleaf for $27.5 million
Cross-border marijuana firm TerrAscend Corp. on Friday announced an agreement to acquire HMS, a Maryland medical cannabis processor and cultivator, from Curaleaf Holdings for $27.5 million. The price tag includes $25 million in cash plus a $2.5 million…
Canadian cannabis firm Hexo claims win in California trademark settlement
Canadian cannabis producer Hexo Corp. said it has reached a settlement in a trademark-infringement lawsuit against California-based Assi Project Management. Hexo sued Assi for unfair competition and trademark infringement in the U.S. District Court for…
Global small-scale cannabis cultivation survey could offer business insights
An international survey aims to uncover new information about small-scale cannabis cultivation around the world, and the research team’s findings could provide valuable information for both commercial marijuana producers and businesses that serve…