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Hexo strikes deal to acquire Zenabis for CA$235M, eyes European cannabis market

Ottawa, Ontario-headquartered cannabis producer Hexo Corp. on Tuesday entered a definitive arrangement agreement to buy struggling competitor Zenabis Global for 235 million Canadian dollars ($185 million) in stock. The proposed acquisition of Vancouver…

Article Canada Global pandemic Ontario Ottawa pandemic retail sales

Pandemic Has Not Stopped The Boom In Ottawa Cannabis Shops

As of Tuesday, 27 cannabis stores were authorized to be open in Ottawa, compared to seven last May. Another 58 entrepreneurs have secured locations for stores and are going through the application process to obtain a licence. Cara Rose-Brown and her hu…

Article Canada Global pandemic Ontario Ottawa pandemic retail sales

Pandemic Has Not Stopped The Boom In Ottawa Cannabis Shops

As of Tuesday, 27 cannabis stores were authorized to be open in Ottawa, compared to seven last May. Another 58 entrepreneurs have secured locations for stores and are going through the application process to obtain a licence. Cara Rose-Brown and her hu…