Tag: CBT > Canada: Page 13

California

Canopy Growth Announces Plan to Acquire Jetty Extracts

The move broadens Canopy Growth’s portfolio of premium brands with significant opportunities to scale across North America.

May 18, 2022

Industry Headlines

U.S. Customs and Border Patrol Admits Canadian Cannabis Workers Not Barred From Entering US

It sounds like a simple enough statement, but this headline follows years of complicated litigation.

May 12, 2022

Canadian Cannabis Market

Purplefarm Genetics Announces Exclusive Partnership With U.S. Based Tyson 2.0, World Heavyweight Champion, Mike Tyson’s Cannabis Brandhouse

The strategic international partnership will bring to market Purplefarm's exclusive genetics with Tyson 2.0, TKO.

May 11, 2022

International

Cronos Group Reports 2022 First Quarter Results

The company’s consolidated net revenue increased by 99% year-over-year to $25 million in the first quarter of 2022.

May 11, 2022

Canadian Cannabis Market

Final Bell Partners with SHERBINSKIS to Bring One of the World's Most Revered Cannabis Brands to Canada

The cannabis companies have entered into an agreement combining their expertise, ambitions and end-to-end supply chain scalability to expand into new markets.

May 10, 2022

Branding Your Cannabis Business

DoorDash Canada Lands Cannabis Pickup Agreement with Superette Dispensaries

Each Superette location will display curated menus through the DoorDash app, offering consumers up-to-the-minute selections from the store.

May 3, 2022

Canadian Cannabis Market

Cannabis Retailers Sue British Columbia Over Illegal Dispensaries on First Nations Reserves

A group of licensed dispensaries filed a lawsuit April 27, claiming that the province has failed to crack down on illegal retailers on the reserves.

May 2, 2022

Finance

Major Canadian Retail Business Exercises Warrant on Fire & Flower Shares to Draw 35% Ownership Stake

Couche-Tard, the owner of Circle K convenience stores, delivered $38 million to Fire & Flower via this transaction.

May 2, 2022

Canadian Cannabis Market

The Green Organic Dutchman Secures Additional $4 Million Increase to Term Portion of Credit Facility

The total facility limit has been increased from $30 million to $34 million, certain mandatory prepayments have been removed, and the amendment provides additional working capital to support continued revenue growth.

May 2, 2022

Industry Headlines

HEXO Announces Leadership Transition; Company Appoints Charlie Bowman as Chief Executive Officer and Julius Ivancsits as Chief Financial Officer

Scott Cooper steps down, and the Board of Directors acknowledges Cooper in stabilizing the company.

April 29, 2022

Finance

Canopy Growth Announces Cost-Cutting Initiatives, Layoffs

The Canadian cannabis producer plans to cut 250 jobs as it further streamlines the organization in its quest to achieve profitability.

April 27, 2022

California

Humble & Fume Establishes Joint Venture to Distribute Cannabis in the United States

The joint venture focuses on accelerating Humble's expansion into cannabis distribution operations in California.

April 26, 2022