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Apr 18
The world’s biggest cannabis company solidified its presence in the U.S. after formally announcing plans to acquire U.S. multi-state cannabis operator Acreage Holdings for US$3.4 billion – but the deal will only take place once the U.S. federally legalizes marijuana.
Apr 18
Police in Vancouver are asking parents to have a "tough" conversation with their teenagers about the dangers associated with marijuana at a large unsanctioned 4-20 event while city and park board officials call on organizers to pay for policing costs.
Apr 18
Canopy Growth Corp. plans to acquire U.S. marijuana operator Acreage Holdings Inc. in a blockbuster deal that would create a North American cannabis powerhouse - but only when it becomes legal to do so.
Apr 18
Canopy Growth has a major deal to acquire a U.S. cannabis firm. Meanwhile, Canadian stocks made another push toward uncharted territory yesterday, closing 24 points shy of a new record, with oil heavyweights CNRL, Suncor and Cenovus among the top contributors.
Apr 18
“We’re moving in the right direction, but this next stage is going to be critical in getting it right,” said Daniel Safayeni, director of policy at the OCC.
Apr 17
Canadians bought 6,671 kilograms of cannabis in February, down about nine per cent from the prior month, and the lowest level since legalization, according to figures released by Health Canada. The decline is largely attributed to fewer days in February, said Health Canada. The average daily sales of dried cannabis in February actually increased by one per cent compared to January - from 236 to 238 kilograms. However, the total amount of inventory of finished and unfinished dried cannabis held by cultivators, processors, distributors and retailers totaled 144,470 kilograms in February – approximately 21.7 times the amount of total sales in the month – as produces looked to stock up on marijuana ahead of the launch of edibles later this year.
Apr 17
Trendy cannabis ingredient CBD is showing up in everything from beauty creams to vape pens. Now it could be coming to a cheeseburger near you.
Apr 17
Canadian sales of dried cannabis flower in February declined to the lowest level since legalization, as producers continued to stock up on marijuana ahead of the launch of edibles later this year, according to Health Canada.
Apr 17
When Patrick Horsman’s small private equity firm purchased 10,000 acres in Yuma County, Arizona, in 2016, organic spinach and lettuce were on the menu.
Apr 16
Canopy Growth’s revenue will be more than $1 billion this fiscal year, according to the company’s co-CEO Bruce Linton.
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