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Canada’s ‘croptober’ surge pushes cannabis inventory over 1 million kilograms

Canadian licensed producers added a record 220,461 kilograms of marijuana to their inventories in October 2020, according to new data offering a statistical glimpse of the country’s first large-scale “croptober” – when most of the fall outd…

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Aphria grows Q2 revenue, reports CA$120.6M net loss

Canadian cannabis company Aphria reported increased quarterly revenue on Thursday for the quarter ended Nov. 30, with a net loss of 120.6 million Canadian dollars ($95.3 million). The Ontario-based firm posted net revenue of CA$160.5 million, a 10% inc…

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Investment Analysts: What Democratic Senate Means For Federal Marijuana Legalization

Investment Analysts: What Democratic Senate Means For Federal Marijuana Legalization
Leading investment analysts predict that cannabis stocks will soar big time following last week’s Democratic takeover of the U.S. Senate.
The post Investment Analysts:…

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Aphria and Tilray to merge, creating CA$5 billion global cannabis giant

Canadian cannabis companies Aphria and Tilray on Wednesday announced plans to merge, a transaction that would create a giant international marijuana firm with combined equity value of approximately 5 billion Canadian dollars ($3.9 billion).
Aphria and …

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Uruguay completes another large export of high-THC flower to Portugal

Uruguay-based Fotmer completed another large export of high-THC flower to Portugal at the end of November, according to Uruguayan customs records viewed by Marijuana Business Daily. The company declared two exports, each with a value of almost $1.3 mil…

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Tilray adds dronabinol to German product portfolio

Canadian cannabis producer Tilray is offering dronabinol in the German medical cannabis market, according to a notice in the German trade publication Apotheke AdHoc. Tilray’s dronabinol is plant-derived – like most, if not all, of the drona…

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Another cannabis flower recall in Germany stemming from contamination

Curious about the developing European cannabis markets? Then tune in to the Europe Market Forum on Monday, Nov. 23, at MJBizCon’s Passholder Days. The many global topics include the session “Germany: Land of Opportunity.” More information is available …

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As competition grows in German medical cannabis flower market, sales strategy becomes key

The growing number of medical cannabis brands and products available to patients in Germany indicates that companies wanting to enter and succeed in that market need to think beyond simply offering a consistent supply of products.
As competition grows …

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Al Harrington: Marijuana’s Path To Legalization Is Plagued By ‘One Major Issue’

Al Harrington: Marijuana’s Path To Legalization Is Plagued By ‘One Major Issue’
Many cannabis pros, including NBA star and cannabis entrepreneur Al Harrington. rejoiced last Tuesday after marijuana legalization initiatives passed in f…

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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…