Matt Lamers

Canadian cannabis producer Canopy Growth raised gross proceeds of roughly $50 million from an institutional investor.

Canadian adult-use cannabis retailer High Tide has appointed Mayank Mahajan as the company’s new chief financial officer.

Cannabis Business Info Since 2011

Germany imported a record amount of cannabis - 34.6 tons - for medical and scientific use in 2023, a 26.2% increase.

Canadian cannabis consumers purchased CA$376.2 million ($273.9 million) of recreational marijuana in February 2024, a record for February.

Curaleaf Holdings completed its $16 million acquisition of Northern Green Canada, a licensed cannabis producer in Ontario.

The number of canceled cannabis business licenses have soared alongside the amount of “uncollectable” excise tax in Canada.

Heritage Cannabis is the latest Canadian marijuana producer to obtain an order for creditor protection in a wave of insolvencies.

Cann Group Limited CEO Peter Koetsier is resigning from the Melbourne cannabis company for “family reasons,”

Cannabis industry veteran Paul McCarthy was appointed president of the Cannabis Council of Canada, the country’s largest industry-supported lobby group.

Canada’s leading producer of cannabis edibles, Indiva Limited, has hired a financial adviser to help evaluate an array of strategic options.

In 2023, the value of medical cannabis exports from Colombia was $10.8 million, according to figures provided to MJBizDaily.

Imperial Brands has converted more than 123.4 million Canadian dollars ($90.6 million) in total debt to shares of Auxly Cannabis Group.

Germany’s cannabis law took effect Monday, making it the second Group of Seven country to legalize and regulate adult-use cannabis nationally.

An administrator is reviewing the financial affairs New Zealand medical cannabis company Cannasouth Limited.

Cannabis producer Rubicon Organics reported a modest profit of 889,166 Canadian dollars ($656,000) in its fourth quarter ended Dec. 31, 2023.

Organigram Holdings has dipped into its strategic investment pool to pick up a minority stake in North Carolina-based Open Book Extracts.

The provincial government of Ontario, Canada, is budgeting for a record windfall of more than CA$600 million in the next fiscal year.

A panel analyzing Canada’s adult-use cannabis law recommended pharmacy access for medical cannabis and excise tax reform.

Health Canada has concluded that Organigram Holdings’ Edison Jolts lozenge cannabis products should be classified as edibles, not extracts.