Canadian Cannabis Market: Page 14

Snapchat and Twitter Cannabis Ads Risk Government Crackdown

Regulators in Canada declined to comment on an ongoing investigation into ads Hexo Corp. ran on Snapchat, the app run by Snap Inc.

Choom Appoints New President, Corey Gillon, with 20 Years of Senior Retail Leadership

Gillon joins the company as a seasoned global retail executive to strengthen Choom's management team as it prepares for rapid growth within the Canadian cannabis retail market.

CannTrust Announces Senior Leadership Changes

The investigation into the company's non-compliance with Health Canada regulations uncovered new information that caused the Board to terminate CannTrust CEO Peter Aceto.

Canada's New Licensing Favors Richer Companies, Experts Say

A new licensing process for legal cannabis producers in Canada limits the ability of smaller companies to attract investment, industry executives said.

Westleaf Signs One-Year, $4-Million White-Label Cannabis Derivative Product Sale Agreement with an Option to Increase to $16 Million

Westleaf has entered into a white labeling agreement with Delta 9 to supply approximately $4 million of cannabis derivative products from its large-scale extraction and manufacturing facility located in Calgary.

Veritas Reaches a Mutual Settlement with Arbutus Biopharma Corporation

A lawsuit filed by Arbutus related to a commercial lease space, which Veritas no longer believes is necessary for its R&D.

Lake of the Woods Brewing Co. Turns to Province Brands of Canada to Launch Cannabis Beer

Province Brands of Canada will use Lake of the Woods Brewing Company's technologies to craft cannabis beer under the Lake of the Woods label.

Neptune Wellness Solutions Closes US$41 Million Private Placement

Proceeds will be used, in part, to fund the cash portion of the initial consideration for the SugarLeaf acquisition.

Aleafia Health Secures Health Canada License Amendment for Entire 1.1-Million-Square-Foot Port Perry Outdoor Cultivation Facility

The license immediately increases the company’s licensed and operational outdoor cultivation area from 292,000 square feet.

Supreme Cannabis to Close Acquisition of Premium Wellness Brand and Extraction Company Blissco

"Supreme Cannabis will expand its portfolio to include a consumer focused brand that specializes in products for the premium global wellness category," said CEO Navdeep Dhaliwal.

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