Tilray Inc. said it is on track to save at least US$80 million from its merger with Aphria Inc. as it reported a first-quarter loss of US$34.6 million and a revenue increase of 43 per cent compared with a year ago. Chief executive Irwin Simon said Oct. 7 its earnings...
Canopy Growth Corp. is denying it called its line of cannabidiol beverages Quatreau in order to capitalize on its similarity to the name of orange liqueur company, Cointreau Corp. The Smiths Falls, Ont. cannabis company says in a New York court filing made two weeks...
Licensed producers have been selling cannabis directly to their (medical) consumers for many years. However, it was not until somewhat recently, that producers in Ontario were actually able to have a bricks and mortar retail store. With Thrive Cannabis launching the...
Christina Lake Cannabis Corp. has upgraded its processing operations as it prepares for this year’s crop harvest. In a statement to its shareholders, the company shared that it has purchased new industrial-grade trimming and destemming equipment to increase...
Pure Sunfarms has announced the signing of a ground-breaking agreement with Langara College, in support of its Applied Science for the Canadian Cannabis Industry (ASCCI) research project. The project looks to delve into opportunities for researchers and students to...
Aurora Cannabis Inc. blamed COVID-19 lockdowns for a 45 per cent plunge in consumer sales that it experienced as it continued to restructure its operations in its fourth quarter. The Edmonton-based cannabis company said the health crisis pushed its net revenue from...
