Tag: CBT > Canada Cannabis Licensed Producers: Page 13

Finance

Rubicon Organics Announces Sale of Washington Greenhouse, Strengthening of Balance Sheet and Strategic Exit from the U.S.

Proceeds from the sale of the greenhouse will strengthen the company’s balance sheet, providing working capital to ramp-up production and sales across Canada.

April 8, 2020

Legislation and Regulation

Canadian Cannabis Industry Now Eligible for Funds Issued to Businesses as Part of COVID-19 Relief Efforts

While the industry was initially excluded from Ottawa’s plan to aid the economy, the Business Development Bank of Canada has clarified that cannabis businesses can qualify for loans and other assistance.

April 8, 2020

Industry Headlines

Canopy Growth Announces Changes to its Board of Directors

Terry Yanofsky and David Lazzarato have been appointed as John Bell and Peter Stringham retire from the CGC Board.

April 1, 2020

Canadian Cannabis Market

The Green Organic Dutchman Receives Health Canada License Amendment for Its Ancaster Processing Facility

Receipt of the license enables the automation of several processes.

March 30, 2020

Legislation and Regulation

Canadian Cannabis Firms Brace for COVID-19, Potential Fallout

Canadian cannabis companies implement work-from-home protocols as an already tough capital market tightens up even more.

March 26, 2020

Finance

Alberta Cannabis Council Calls on Canadian Government to Provide Access to Relief Funds

As Canadian cannabis industry reels from limited access to investor funds, job losses and now the COVID-19 pandemic, federal disaster relief funds.

March 23, 2020

Finance

Cannabis Industry Grapples with COVID-19 Outbreak, Maine Issues First Adult-Use Licenses: Week in Review

From regulators allowing cannabis delivery and curbside sales to dispensaries being deemed “essential” during shutdowns, the industry is adjusting rapidly.

March 21, 2020

Finance

Aurora Cannabis Announces Share Sale by Founder Terry Booth

The transaction is in connection with the company's previously announced transition plan.

March 17, 2020

Industry Headlines

Aleafia Health Secures Niagara Facility Cultivation License

“This is an important and long-awaited breakthrough for Aleafia Health. We can now fully leverage our supply chain across three completed, licensed production facilities,” said Aleafia Health CEO Geoffrey Benic.

March 17, 2020

Coronavirus and Cannabis

Canopy Growth to Temporarily Close Corporate Owned Retail Amid Response to COVID-19

"We have a responsibility to our employees, their families, and our communities to do our part to 'flatten the curve,'" CEO David Klein said.

March 17, 2020

Finance

Canopy Growth and TerrAscend Canada Enter Debt Financing Arrangement

Canopy Growth is completing a C$80.5 million loan to TerrAscend Canada Inc.

March 12, 2020

Interviews & Opinion

Alberta Raises Excise Tax on Cannabis Vape Products to Nearly 45%

The Alberta Cannabis Council is speaking out against the increased tax, which Executive Director John Carle says will drive consumers back to an already thriving illicit market.

March 10, 2020