Cannabis Business News

Cannabis company Hexo reports $20.7M Q3 loss, revenue edges higher

ByByThe Canadian PressJune 14, 2021

Hexo Corp. reported a loss of $20.7 million in its latest quarter compared with a loss of $19.5 million in…

Supreme Cannabis shareholders vote to approve $435M deal with Canopy Growth

ByByThe Canadian PressJune 11, 2021

Supreme Cannabis shareholders have voted in favour of the company being sold to Canopy Growth Corp. for $435 million. Supreme…

Canopy Growth CEO ‘really bullish’ on U.S. pot legalization after recent reforms

ByByThe Canadian PressJune 5, 2021

Canopy Growth Corp. is continuing to pin its hopes on the U.S. as competition in Canada’s cannabis industry intensifies amid…

Hexo to buy Redecan for $925 million as hunt for more cannabis market share continues

ByByThe Canadian PressJune 4, 2021

Hexo Corp. has announced a deal to buy cannabis producer Redecan for $925 million as the pot company continues its…

Aurora Cannabis moves to Nasdaq from NYSE in cost cutting effort

ByByThe Canadian PressJune 4, 2021

Aurora Cannabis Inc. says it has moved its stock exchange listing to the Nasdaq Global Select Market from the New…

Martha Stewart joins Canopy Growth as strategic advisor

ByByAshley WadhwaniJune 1, 2021

Lifestyle guru Martha Stewart is being added to Canopy Growth’s bench to help lead product development and branding. Stewart’s appointment…

From Boston Beer to cannabis bevvies: Samuel Adams-maker to launch in Canada

ByByThe Canadian PressMay 20, 2021

The maker of Samuel Adams beer and Truly Hard seltzer is moving into Canada’s cannabis beverages market. The Boston Beer…

Aurora Cannabis reports $164.7 million loss in Q3, launches cost efficiencies plan

ByByThe Canadian PressMay 14, 2021

Aurora Cannabis Inc. is on the hunt for savings again after reporting a $164.7-million net loss in its latest quarter.…

Opening day for Violet Wild in Chemainus becomes a reality on 4/30

ByByDon BodgerMay 6, 2021

They tried for 4/20, but 4/30 still has a nice ring to it. The official opening day for Violet Wild…

Did you know the world’s first feminized cannabis seed is grown in B.C.?

ByByAshley WadhwaniApril 26, 2021

The world’s first feminized cannabis seeds – which are grown right here in B.C. – will soon be for sale…

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