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The German government partially legalized cannabis last week, and Canopy Growth Corporation (NASDAQ:CGC) shares lit up. Canopy Growth CEO David Klein joined BNN Bloomberg on Friday to discuss what the legislation means for the company. Growth Opportunities: Klein sees Germany's cannabis market...

By Jelena Martinovic. Aurora Cannabis Inc (NYSE: ACB), a large Canadian medical marijuana producer and distributor with roughly 3,400 employees in more than 20 countries, intends to cut its workforce by about 10%, according to BNN Bloomberg, which cited a person directly familiar with the matter....

In late November, Aurora Cannabis Inc (NYSE: ACB) (TSE: ACB) CEO Terry Booth told BNN Bloomberg that his company has its sights set on the United States market. "Carnage" could be ahead for the Candian market in the year to come, the CEO said.  Some top licensed producers...

Thursday marked the one-year anniversary of the legalization of recreational marijuana in Canada. Legalization hasn't translated into the end of the illicit market, and the price differences between the legal and illegal markets are substantial.  Legally accredited cannabis...

Medical and recreational cannabis producer CannTrust Holdings Inc (NYSE: CTST) said Monday that it's forming a special committee to "restore trust" after its facility was found to be non-compliant with Canadian government regulations. What Happened Health Canada is actively...

The Benzinga Events team is busy planning for the third Cannabis Capital Conference back in one of our favorite spots and the heart of the cannabis industry—Toronto. The cannabis industry is constantly developing, from market expansions and stock volatility to recent regulations and...

Oil was moving 4 percent higher Monday after three weekend developments: Russia and Saudi Arabia agreed to extend oil output cuts. Alberta Premier Rachel Notley shocked the oil market with a mandatory province-wide 8.7-percent production cut. Oil-rich Qatar said it will leave the OPEC...

Steam Whistle Brewing, one of the largest craft brewers in Canada, is reportedly interested in joining the cannabis industry. According to BNN Bloomberg, the company is in talks with a number of cannabis producers to invest in them or create a joint venture. What Happened In an interview with BNN...

A rising tide lifts all ships. And nowhere is this more relevant than in the cannabis space. Just look at the deal Canopy Growth Corp (NYSE: CGC) landed with Constellation Brands (NYSE: STZ) just two months ago. That deal, which had Constellation Brands pony up $4 billion for a piece...

Just weeks after alcoholic beverage maker Constellation Brands, Inc. (NYSE: STZ) confirmed a new partnership with cannabis company Canopy Growth Corp (NYSE: CGC), beverage giant The Coca-Cola Co (NYSE: KO) is reportedly shopping for a deal of its own. What Happened Coca-Cola is in "...

Within two weeks of Constellation Brands, Inc. (NYSE: STZ) announcing a $4-billion investment in Canadian cannabis company Canopy Growth Corp (NYSE: CGC), rival alcohol maker Diageo plc (ADR) (NYSE: DEO) is reportedly looking for a similar deal of its own. What Happened Diageo, the parent company...