Cannabis Business News

Toronto stock market rises as crude oil prices reach highest level in 10 months

ByByThe Canadian PressJanuary 6, 2021

Canada’s main stock index rose to its highest level since February as the energy sector was powered by oil prices…

Crowdfunding for cannabis venture proves fruitful for San Francisco women

ByByCanadian Evergreen StaffDecember 30, 2020

By Veronica Irwin via SF Evergreen Cyo Nystrom grew up about five blocks from her future business partner Rachel Washtien…

Tips for gifting cannabis for Christmas

ByByCanadian Evergreen StaffDecember 24, 2020

By Salina May With more Canadians using legal cannabis this year compared to last, it’s no surprise many brick and…

President of NB Liquor and Cannabis NB resigns and returns to private sector

ByByThe Canadian PressDecember 23, 2020

The president of NB Liquor and Cannabis NB has resigned after 16 months on the job. The Crown corporation said…

Canopy Growth signs deal valued at $297M to give up stake in Canopy Rivers

ByByThe Canadian PressDecember 21, 2020

Canopy Growth Corp. has signed a deal valued at $297 million that will see it give up its ownership in…

Legal pot gains market share in Ontario, but progress predicted to slip next quarter

ByByThe Canadian PressDecember 20, 2020

Ontario’s legal cannabis industry is gaining ground in its fight against the illicit market, but the progress likely won’t last…

Aurora CEO sees promise in cannabis industry, despite year of cuts and layoffs

ByByThe Canadian PressDecember 19, 2020

The cannabis industry might be closing out a year full of massive cuts, but Aurora Cannabis Inc.’s chief executive says…

A B.C. cannabis company selling property has changed its name – and it’s not the 1st time

ByByLachlan LabereDecember 17, 2020

A cannabis company in the process of selling its Okanagan property now goes by a new name. On Nov. 5,…

B.C.-based Tilray now the world’s largest cannabis company after merger

ByByCanadian EvergreenDecember 16, 2020

Nanaimo-based Tilray medical and recreational cannabis company has merged with Ontario-based Aphria to create the world’s largest cannabis company. The…

Aurora Cannabis laying off 214 workers, chief science officer to retire

ByByThe Canadian PressDecember 16, 2020

Aurora Cannabis says it is laying off 214 workers and its chief science officer is retiring, the latest of a…

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