TSX and Dow plunge in Worst Day of the Year on growing fears of Recession
TORONTO — The main stock indexes (TSX and Dow) in Canada and the U.S. suffered their worst day...
Business
Canopy Growth Corp. drives revenue with 94% increase in recreational dried cannabis sales in Q1 2020
Adjusted EBITDA up more than $5M (CDN) versus prior quarter;Company positioned to bring CBD products to U.S. market...
Sundial Growers Reports Second Quarter Results
CALGARY, Aug. 14, 2019 /PRNewswire/ - Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial" or the "Company") today reported its financial results for the second quarter ended June 30, 2019. Sundial is an international cannabis company with state-of-the-art facilities in Canada and the United Kingdom, providing quality and consistent products consumers can trust. This is Sundial's inaugural quarterly earnings release as a public company following its listing on Nasdaq on August 1, 2019.
Canopy Growth net revenues surge in first quarter on record cannabis harvest
SMITH FALLS, Ont. — Canopy Growth Corp. says its revenues surged in the first quarter on a record...
BC liquor branch issues call for suppliers of pot-based edibles
VICTORIA — The BC Liquor Distribution Branch wants to hear from licensed marijuana producers able to make and supply new pot-based...
Hempco Shareholders Vote In Favour of Proposed Acquisition by Aurora Cannabis
VANCOUVER, Aug. 13, 2019 /CNW/ - Hempco Food and Fiber Inc. ("Hempco") (TSX-V: HEMP) is pleased to announce that at today's special meeting of shareholders of Hempco (the "Meeting"), it received overwhelming support in favour of the previously announced proposed transaction with Aurora Cannabis Inc. ("Aurora") (NYSE: ACB) (TSX: ACB), wherein Aurora has agreed to acquire all issued and outstanding common shares of Hempco not already owned by Aurora by way of a plan of arrangement (the "Arrangement").
Grenco Science and Vapium Announce Joint Venture to Introduce Accudose
LOS ANGELES, Aug. 13, 2019 /PRNewswire/ -- Grenco Science, the leader in advanced technology cannabis vaporization, announces a joint venture with Vapium, the award-winning vaporization company and resident of Johnson & Johnson Innovation - JLABS (JLABS), and investee of Canopy Growth. The companies will work together to integrate ground-breaking technologies for the medical cannabis industry under the brand name Accudose. The first-of-its-kind cannabis consumption platform will fill a void in the market for an accurate, dosing protocol that will allow practitioners to prescribe cannabis as medicine, reframing cannabis consumption.
Tilray Inc. reports a Q2 loss of US$35.1M, up from Q1
NANAIMO, B.C. — Cannabis company Tilray Inc. reported a loss in its latest quarter as revenue soared compared...
CannTrust Provides Interim Update
VAUGHAN, ON, Aug. 12, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) provided an interim update concerning certain recent developments affecting the Company.
Organigram’s new cannabis drink mix
Cannabis‘ edible sector is going to big, 2.7 billion dollars big. Beverages are projected to consume a significant...