Cannabis Business News

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…

Alliance of B.C. cannabis growers ask government to re-think fee for small growers

ByByJennifer BlythOctober 17, 2024

Where 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

ByByThe Canadian PressOctober 13, 2024

Cannabis company Tilray Brands Inc. reported a loss of US$34.7 million in its first quarter, compared with a loss of…

Cannabis retailer Tokyo Smoke starts stalking horse sales process

ByByThe Canadian PressSeptember 22, 2024

Cannabis retailer Tokyo Smoke says it has begun a stalking horse sales process. The sales process allowed by parent company…

Aurora Cannabis CEO Miguel Martin adds the role of executive chairman

ByByThe Canadian PressSeptember 22, 2024

Aurora Cannabis Inc. says chief executive Miguel Martin is adding the title of executive chairman. The company says the board…

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