Cannabis Business News

2025 Grow Up Awards celebrate Canada’s cannabis leaders

ByByJennifer BlythJune 16, 2025

More than 30 awards were presented across four categories at the 2025 Grow Up Awards, celebrating the best and the…

Nelson restaurant’s bid for cannabis consumption patio turned down

City councillors in Nelson, B.C. have voted ‘No’ to an application by a local restaurant to open a patio for…

Cannabis company Aphria reaches agreement to settle shareholder class-action lawsuit

ByByThe Canadian PressFebruary 11, 2025

Aphria Inc. has agreed to pay $30 million to settle a class-action lawsuit by shareholders alleging the company made misrepresentations…

Canopy Growth reports $121.9M Q3 loss compared with $216.8M loss a year earlier

ByByThe Canadian PressFebruary 7, 2025

Canopy Growth Corp. reported a loss of $121.9 million in its latest quarter compared with a loss of $216.8 million…

High Tide signs deal for majority stake in German medical cannabis company Purecan

ByByCanadian Evergreen StaffJanuary 13, 2025

Cannabis retailer High Tide Inc. has signed a deal to acquire a 51 per cent stake in German medical cannabis…

Organigram says $90M Motif deal will give it largest share of Canada’s pot market

ByByCanadian Evergreen StaffDecember 7, 2024

Organigram Holdings Inc. says a $90-million deal to buy a cannabis vapes and infused pre-rolls business has made Organigram Canada’s…

Canopy Growth names Luc Mongeau as the cannabis company’s next CEO

ByByThe Canadian PressDecember 4, 2024

Canopy Growth Corp. has named Luc Mongeau as the cannabis company’s next chief executive officer. The company says Mongeau, who…

Bumpy start for cannabis retail applicant in Cloverdale

ByByMalin JordanNovember 8, 2024

Cannabis retail in Cloverdale has gotten off to a bumpy start for one applicant. An application by “137 Brands” was…

Trio of ballot failures leads marijuana backers to refocus their efforts for recreational weed

ByByAssociated PressNovember 7, 2024

The movement to legalize recreational marijuana in the U.S. has run into a wall of resistance, failing in all three…

Pot shares fall after efforts to legalize recreational cannabis in U.S. fall short

ByByThe Canadian PressNovember 6, 2024

Shares in Canada’s major cannabis companies fell in early trading after the U.S. election, which saw efforts to legalize recreational…

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