Canopy Growth Announces Production Optimization Plan in Canada The Company announces the closure of two Canadian greenhouses, representing a significant step forward in aligning the Company’s cultivation capacity with projected demand Company expects to record estimated pre-tax charges of approximately $700-800MM in Q4 Fiscal 2020, as the Company completes... Read more
In Connecticut, lawmakers are considering legislation that would regulate adult use cannabis for those 21 years and older. On Monday morning, a judiciary committee public hearing was held so that concerned citizens could weigh in on the potential historic law. Not everyone who showed out was in favor of... Read more
Hundreds of applicants who were denied licenses for medical marijuana businesses in Missouri have appealed the decision, prompting state lawmakers to launch an investigation into the selection process. In recent weeks legislators in the state’s House of Representatives have been taking testimony from state regulators, with many lawmakers focusing... Read more
Here’s a situation that should not have happened. This weekend in Dawson Creek, British Columbia, an eight year old won a basket of $200 worth of cannabis products at his … youth hockey tournament? “My grandson thought he won a great prize,” said Keith Redl, the boy’s grandfather. “‘Dad,... Read more
If it wasn’t clear by the results of a 2018 referendum that legalized medical marijuana there, new figures reported by the Missouri Department of Health and Senior Services should make it abundantly clear that there is demand for the treatment in the state. The numbers, released Monday and reported... Read more
For the next three months, customers in Michigan’s marijuana market could see higher prices—and fewer supplies. That’s a potential byproduct of new rules governing the state’s weed supply that took effect on Sunday. The rules, issued by the Michigan Marijuana Regulatory Agency, require that all growers and processors “only... Read more
State regulators in Maine expect legal sales of cannabis to begin in June, three months later than previously expected. Voters in the state legalized recreational cannabis more than three years ago with the approval of the Marijuana Legalization Act, a measure that was supposed to take effect within 40... Read more
Tilray, Inc. Reports Fourth Quarter and Full Fiscal Year 2019 Financial Results Revenue Increased 287% to $167.0 (C$217.4) Million in Full Fiscal Year 2019 Compared to the Prior Year Adult-Use Revenue Increased Over Three-Fold in the Fourth Quarter Compared to the Prior Year Period; 7% Sequential Quarterly Revenue Growth... Read more
Bruce Linton, formerly co-founder and CEO of Canopy Growth, delivered a keynote speech at the Benzinga Cannabis Capital Conference in Miami on February 27th, sharing his enthusiasm for the American hemp industry. He revealed that he would soon announce his involvement with a special purpose acquisition corporation (SPAC) in... Read more
Village Farms International and Emerald Health Therapeutics Announce Settlement Agreement – Village Farms To Own 57.4% of Pure Sunfarms VANCOUVER, March 3, 2020 /PRNewswire/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (TSX: VFF;NASDAQ: VFF) and Emerald Health Therapeutics (TSXV: EMH;OTCQX: EMHTF) (“Emerald”) today announced that they have entered into a settlement... Read more
