Cannabis Business News

Province expands extreme weather funding program to include beekeepers, pot growers

ByByJessica PetersJune 3, 2023

There’s a new, expanded round of provincial funding for farmers and ranchers to help strengthen their resilience to extreme weather.…

Canopy Growth signs deal with Indiva for Wana brand of edibles

ByByThe Canadian PressMay 30, 2023

Cannabis company Canopy Growth Corp. has signed a deal with Indiva Ltd. for the exclusive rights and interests to manufacture,…

Competition Bureau recommends changing THC limits for edibles, easing pot packaging

ByByThe Canadian PressMay 29, 2023

Canada’s competition watchdog is putting its weight behind some longtime cannabis industry asks, including easing restrictions on cannabis packaging and…

Colorado’s cannabis industry has fallen on hard times. What does the future hold?

ByBymcclatchyMay 25, 2023

By Megan Ulu-Lani Boyanton, The Denver Post The heyday of marijuana sales in Colorado — back in 2020 when recreational…

Cannabis company Tilray to buy rival Hexo in all-share deal

ByByThe Canadian PressApril 10, 2023

Tilray Brands Inc. is buying fellow cannabis company Hexo Corp. in an all-share deal valued at US$56 million aimed at…

Shoppers Drug Mart moves away from medical cannabis, will send patients to Avicanna

ByByThe Canadian PressMarch 28, 2023

Shoppers Drug Mart Inc. is moving away from its medical cannabis distribution business and preparing to transfer patients to a…

SNDL to purchase four Dutch Love cannabis stores in $7.8-million deal

ByByThe Canadian PressMarch 28, 2023

Calgary-based pot retailer SNDL Inc. says it’s buying four Dutch Love cannabis stores from Lightbox Enterprises Ltd. SNDL says it’s…

Do Maple Ridge and Pitt Meadows need more cannabis stores?

ByByBrandon TuckerMarch 26, 2023

British Columbia recorded nearly $670 million in cannabis revenue in 2022 – a $117 million increase from 2021. But the…

Cannabis ‘price war’ could cause ‘significant’ damage to industry: HEXO CEO

ByByCameron KennedyMarch 18, 2023

Hexo Corp.’s chief executive says he’s seen a “price war” take shape over the last five months that could cause…

Cannabis company TerrAscend applies for TSX listing, will carry out internal reorg

ByByThe Canadian PressMarch 14, 2023

TerrAscend Corp. says it has applied to list its common shares on the Toronto Stock Exchange. The cannabis company says…

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