Toronto stock market and Dow cross into bear markets after pandemic declared
TORONTO — Canada’s main stock index crossed into bear market territory Wednesday in the wake of the World Health Organization...
cannabis stocks
Cannabis Equities Fallout: Health Canada still sandbagging good growers
News broke Wednesday that Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) would be shuttering operations in Aldergrove and Delta, B.C., laying...
Breaking News: Canopy Growth lays off 500 employees, shuts down massive B.C. greenhouses
Canopy is expected to take $700-800 million write-downs for Q4 2020. Canopy Growth Corp. is orchestrating a massive overhaul...
Tilray misses analyst expectations in Q4
Tilray Inc. has revealed the company hit a rough patch in its latest quarter, just weeks after announcing...
TSX plunges before trading halt while U.S. on path to worst week since 2008
TORONTO — Canada’s main stock index plunged for a fifth straight day before trading was prematurely halted while...
Canopy Growth reports $124.17M loss
SMITHS FALLS, Ont. — Canopy Growth Corp. is planning further cost-cutting as it works to achieve positive cash...
Aurora turfs CEO, laying off 500 staff
The Aurora buzz started yesterday afternoon, as BNN Bloomberg’s David George Cosh reported that Aurora Cannabis Inc. (TSX:ACB)(NASDAQ:ACB),...
Tilray to lay off 10 percent of staff to help achieve profitability
TORONTO — Tilray Inc. is laying off 10 percent of its workforce in an effort to cut costs....
North American stock markets end the worst week in months on virus worries
TORONTO — North American stock markets ended the week in an even worse state than the record lows...
Sundial CEO and COO abruptly resign
Calgary, AB-based Sundial Growers (NASDAQ:SNDL) announced this morning that CEO Torsten Kuenzlen had resigned his position “to pursue...