Canada Cannabis

Organigram Global Inc. (NASDAQ:OGI) (TSX:OGI), Canada’s leading cannabis company by market share, has announced that CEO Beena Goldenberg will retire at the end of the company's fiscal year, September 30, 2025. Goldenberg, who joined Organigram as CEO in September 2021, will remain in her...

There's weed and then there are pre-rolls. And in 2025, the pre-roll isn't some stoner afterthought; it's the front-runner. In California, it's a cultural statement. In Canada, it's a quietly dominant force. Same format, different vibe. One market moves fast and loud; the other, slow and surgical....

Tilray Brands, Inc’s. (NASDAQ:TLRY) third-quarter net revenue decreased from $188.3 million to $185.8 million, missing the consensus of $210.45 million. Net revenue increased to ~$193 million on a constant currency basis. The prior-year quarter included revenue of $6 million of now-...

The Canadian Cannabis Survey (CCS) 2024, released by Health Canada on December 6, offers fresh insights into public attitudes, behaviors and trends surrounding cannabis consumption in Canada. The survey, conducted between April 4 and July 2, 2024, reveals significant changes in how Canadians engage...

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) said on Monday that it has fully acquired Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U)) (OTCQX: ACRHF, ACRDF) via Canopy USA, LLC, its US-domiciled holding company. Canopy USA, created in 2022 to streamline the Canadian cannabis giant’s entry...

Organigram Holdings Inc. (NASDAQ:OGI) (TSX:OGI) announced the acquisition of 100% of Motif Labs Ltd. for CA$90 million ($64 million), comprising of CA$50 million in cash and CA$40 million in Organigram common shares, based on a 30-day trading VWAP of $2.321 on the TSX. An additional CA$10 million...

Canada’s dried flower exports have seen impressive growth, doubling year-over-year in 3Q24, with the sector hitting record levels in October. According to Pablo Zuanic, senior analyst at Zuanic & Associates, “The strong growth in dried flower exports signals a thriving international...

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) and Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U))(OTCQX:ACRHF, ACRDF)) announced Monday that Canopy USA, LLC will complete its acquisition of Acreage on or around Dec. 9, 2024. The Canadian cannabis giant announced its plans to acquire Acreage for $3...

Health Canada is set to reduce spending on its cannabis program by CA$20.5 million ($14.6 million) over the next three years. This move is part of the federal government’s “Refocusing Government Spending” initiative aimed at saving CA$15.8 billion over five years. Canada's...

Data from Benzinga Pro shows High Tide Inc. (NASDAQ:HITI) shares experienced a significant surge, gaining over 21% in the last two trading sessions, closing at $3.47 on Monday, December 2. This positive performance was reflected in a trading volume of 2,396,045 shares and a market capitalization of...

High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) is expanding its innovative Cabana Club membership program to the U.S., EU and UK through dedicated websites. “Innovation and market disruption are at the core of High Tide’s DNA, and today marks another milestone in our journey," Raj...

Cannabis products company PharmaCielo Ltd. (TSXV:PCLO) (OTC:PCLOF) announced its financial and operational results on Monday for the three and nine months ended Sept. 30, 2024. The Toronto-based company said revenue for the third quarter totaled CA$1.3 million ($927,772), up from CA$352,000 in the...

Ayurcann Holdings Corp. (CSE:AYUR) (OTCQB:AYURF), a Canadian processing and manufacturing company specializing in cannabis 2.0 and 3.0 products, announced on Thursday its first quarter financial and operational results for the three months ended Sept. 30, 2024. The Toronto-based company highlighted...

Canadian cannabis producer Entourage Health Corp. (TSXV:ENTG) (OTCQX:ETRGF) (FSE: 4WE) announced on Friday its third quarter financial results for the three months ended Sept. 30, 2024. The company reported an 8% year-over-year increase to CA$9.5 million ($6.8 million) in net revenue for the period...

Greenway Greenhouse Cannabis Corporation (CSE:GWAY) (OTCQB:GWAYF) reported on Wednesday its second-quarter interim financial statements for the three months ended Sept. 30, 2024. The Canadian cultivator of high-quality greenhouse cannabis reported a 52% year-over-year increase in revenue to CA$1.8...