Cannabis Business News

Victoria Buyers Cannabis Club’s lease renewed

ByByRick StiebelApril 12, 2021

People who rely on the Victoria Buyers Cannabis Club for products that help with their medical conditions can breathe a…

Canopy Growth signs $435M deal to buy Supreme Cannabis ahead of U.S. legalization

ByByThe Canadian PressApril 8, 2021

Canopy Growth Corp. continued its recent acquisition spree and preparation for the U.S.’s potential legalization of pot with a $435-million…

48North Cannabis lays off 20% of staff, cuts outdoor growing facility

ByByThe Canadian PressMarch 29, 2021

48North Cannabis Corp. will lay off about 20 per cent of its staff as it ends outdoor cultivation at an…

Hexo reports Q2 loss, revenue nearly doubled compared with year ago

ByByThe Canadian PressMarch 18, 2021

Hexo Corp. reported a loss of $20.8 million in its latest quarter as its revenue nearly doubled compared with a…

Cannabis company Organigram signs deal with British American Tobacco

ByByThe Canadian PressMarch 18, 2021

Organigram Holdings Inc. says a subsidiary of British American Tobacco has signed a deal to buy a 19.9 per cent…

Trees Cannabis to reignite downtown Victoria location as licensed store

ByByVictoria News StaffMarch 12, 2021

A once-popular downtown cannabis dispensary is set the reignite its operations this weekend — as a legal store — about…

Vancouver-based cannabis retailer buys Kelowna pot shop

ByByTwila AmatoMarch 11, 2021

A Vancouver cannabis retailer and distributor announced it has bought a Kelowna cannabis store – before it even opened. Grasshopper…

Canopy Growth laying off 75 staff in North America, mostly in Ontario

ByByThe Canadian PressMarch 10, 2021

Canopy Growth Corp. says it is laying off 75 staff in North America following a global strategic review. A spokesman…

Aldergrove cannabis shop gets rezoning approval – barely

ByByMatthew ClaxtonMarch 10, 2021

A development application for an Aldergrove cannabis retailer got its final approval from Langley Township council in late February, but…

Lake Cowichan’s 1st retail cannabis shop opens

ByByRobert BarronMarch 10, 2021

After months of preparation, Lake Cowichan’s first retail cannabis store has opened. Jerry’s Cannabis opened its location at 170 Cowichan…

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