Cannabis company Aphria reaches agreement to settle shareholder class-action lawsuit
ByThe Canadian PressFebruary 11, 2025Aphria 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
ByThe Canadian PressFebruary 7, 2025Canopy 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
ByCanadian Evergreen StaffJanuary 13, 2025Cannabis 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
ByCanadian Evergreen StaffDecember 7, 2024Organigram 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
ByThe Canadian PressDecember 4, 2024Canopy 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
ByMalin JordanNovember 8, 2024Cannabis 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
ByAssociated PressNovember 7, 2024The 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
ByThe Canadian PressNovember 6, 2024Shares in Canada’s major cannabis companies fell in early trading after the U.S. election, which saw efforts to legalize recreational…
Alliance of B.C. cannabis growers ask government to re-think fee for small growers
ByJennifer BlythOctober 17, 2024Where does the money you spend on legal weed go? That’s the question a group of British Columbia cannabis growers…
Tilray Brands reports US$34.7M first-quarter loss, revenue up from year ago
ByThe Canadian PressOctober 13, 2024Cannabis company Tilray Brands Inc. reported a loss of US$34.7 million in its first quarter, compared with a loss of…