Canadian cannabis industry adds CA$9.1 billion to nation’s GDP
The Canadian cannabis industry added 9.1 billion Canadian dollars ($6.7 billion) to the country’s gross domestic product (GDP)…
News June 5
Latest In: canadian cannabis
Pre-rolls close in on top cannabis sales spot in Canada
Cannabis sales in Canada dropped last year, but pre-roll sales continued to rise and are on the verge…
News March 6
Canadian cannabis operator High Tide secures CA$15 million credit line
Canadian cannabis retailer and e-commerce platform provider High Tide has finalized a credit line of 15 million Canadian dollars…
News August 8
Institutional investor puts $50 million into cannabis operator Canopy Growth
Cannabis producer Canopy Growth raised gross proceeds of roughly $50 million (68 million Canadian dollars) through an exchange…
News May 3
Why was the Ontario Cannabis Store sitting on a CA$500 million cash stockpile?
Ontario's government-owned marijuana wholesaler was sitting on more than 500 million Canadian dollars ($367 million) in cash earlier…
News December 11
Somai wins EU-GMP certification for Portugal cannabis facility
Somai Pharmaceuticals said it received European Union-Good Manufacturing Practice (EU-GMP) certification from the Portuguese health authority Infarmed.
News September 6
Canadian cannabis firms increasingly flag rivals over alleged misdeeds
More Canadian cannabis operators than ever are lodging complaints against rival businesses over alleged transgressions or other concerns,…
News August 21
Canopy repeats going concern doubts amid falling cannabis sales
Canopy Growth Corp. reiterated doubts about its ability to stay afloat when the Canadian cannabis producer reported its…
News August 10
Canada’s unsold cannabis inventory balloons to 1.5 billion grams
Business failures and consolidation failed to stop Canada's stockpile of unsold cannabis from reaching a new high in…
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