Tag: CBT > Canada: Page 9

Finance

TerrAscend Reduces Outstanding Debt by US$30 Million

The company elected to pay down $30 million of its maturing $55 million senior secured Michigan loan, refinancing the remaining $25 million.

December 1, 2022

Legislation and Regulation

Canadian Government Names Members to Cannabis Act Review Panel

The five-member Expert Panel will assess Canada’s adult-use cannabis legalization law four years after it took effect.

November 30, 2022

Industry Headlines

High Tide Launches Paid Membership Program at Canna Cabana Retail Locations

The company has monetized its loyalty program, launching Cabana Elite, a paid membership for consumers priced at $5 per month.

November 29, 2022

International

How High Tide Became the ‘Costco of Cannabis’

Raj Grover, president, founder, and CEO of High Tide, dives into how the company has grown consistently and become a leader in the Canadian cannabis market through its differentiated retail approach.

November 23, 2022

Industry Headlines

Tilray Launches ‘Take Back Control’ Platform to Provide Women With Free Medical Cannabis Resources

The new platform also aims to help destigmatize the use of medical cannabis in women’s health care practices.

November 18, 2022

Distribution

Tilray Brands Acquires Montauk Brewing Company

Tilray expands and strengthens its U.S. footprint with acquisition of the fastest growing craft beer brand and top craft brewer in Metro New York.

November 7, 2022

Distribution

Tilray Brands, Charlotte’s Web Announce Strategic Alliance in Canada

Tilray will launch Charlotte’s Web proprietary full-spectrum hemp CBD products across Canada in 2023.

November 2, 2022

Finance

Canopy Growth Faces Possible Delisting From Nasdaq Upon US Entrance

Company officials stated there is no assurance that Nasdaq will harmonize its general policies with SEC’s accounting guidance.

November 1, 2022

Finance

SEC Charges Canadian Cannabis Company, Former Senior Executive With Accounting Fraud

The SEC officials found the company violated the antifraud, reporting, books and records, and internal controls provisions of the federal securities laws.

October 25, 2022

Industry Headlines

High Tide Opens Third Canna Cabana Store in Vancouver, British Columbia

The company will begin selling adult-use cannabis products and consumption accessories Oct. 25 at its Canna Cabana retail cannabis store in Vancouver.

October 25, 2022

International

Canopy Growth to Acquire Acreage, Wana, Jetty in US Entrance

The Canadian-based operator is accelerating its strategic growth south of the border through creating a new holding company: Canopy USA.

October 25, 2022

Finance

Flower One’s Canadian Parent Company Has Filed for Restructuring Proceedings

Understood as the Canadian version of the U.S. bankruptcy process, Flower One Holdings’ latest move suggests significant financial problems.

October 20, 2022