Canada Cannabis

Canadian Cannabis Companies Are More Valuable Than Rivals In The U.S. - Here's Why
Bigger In Texas: Village Farms' Greenhouses Spanning Over 100 Football Fields Could Dominate US Cannabis Market
Decibel's Dominance In Pre-Rolls Tested By Market Shifts And 16% Revenue Drop: What Investors Need To Know
Bigger In Texas: Village Farms' Greenhouses Spanning Over 100 Football Fields Could Dominate US Cannabis Market
Decibel's Dominance In Pre-Rolls Tested By Market Shifts And 16% Revenue Drop: What Investors Need To Know
Good Shroom Reports Q3, Revenue Dips 10.3% YoY, Net Profit Still Positive
Canadian Vs. U.S. Cannabis Companies: Who Is Winning The Market Race To Weed Profits?

Canada Cannabis Recent News

Cannabis Slowdown In Canada: Analyst Spotlights What Still Sells And Where The Money Is Going
In a recent report, Pablo Zuanic of Zuanic & Associates analyzed trends in Canada's recreational cannabis market through May 2024. The report highlights a deceleration in market growth and notable shifts in sales dynamics among leading licensed producers (LPs).
Piper Sandler Maintains Underweight On Canopy Growth Stock, Calls Cannabis Rescheduling 'Largely Symbolic'
A recent company note from Piper Sandler & Co, by senior analysts Michael S.
Air Canada To Test Flight Attendant's Hair For Illegal Substances & Weed After Reports Of Misconduct And Hijacking Jokes
Canadian Weed Producer Red White & Bloom Narrows Loss, Reports 15% YoY Drop In Q1 Revenue As It Wraps Up Aleafia Acquisition
Canadian cannabis company Red White & Bloom Brands Inc. (CSE: RWB) announced on Thursday that it has filed its condensed interim consolidated financial statements for its first quarter ended March 31, 2024.Revenues were CA$22.6 million ($16.5 million), representing a CA$2.7 million increase over the previous quarter and a decrease of CA$3.9 million year-over-year.Net loss from continuing operations attributable to shareholders was CA$3.7 million, representing a year-over-year improvement from CA$6.5 million net loss in the first quarter of last year.
Canadian Cannabis Market Trends: Sales Increase As Youth Impact Study Unfolds
Statistics Canada reported a 7.1% increase in cannabis sales for March, reaching C$414.1 million, up from February's revised C$386.8 million.
Worldwide Weed: Cannabis Companies Althea, Rocket Factory Team Up For Premium Dried Flower Launch
Althea partners with Rocket Factory to launch premium cannabis dried flower products in Australia, the UK, and Germany. Launching June 2024.
Canadian Edibles Producer Indiva Reports Modest Q1 Results, Eyes Strong 2024 After Strategic Realignments
Indiva Q1 2024 results show growth in core brands, offsetting losses from Wana and lozenges, boosting market share. Read now!
Tilray Launches $250M At-The-Market Program To Boost Acquisitions, Eyes Expansion With U.S. Cannabis Rescheduling
Tilray launches a $250M ATM program to fund strategic acquisitions and leverage U.S. cannabis rescheduling when effective. Read now!
Auxly Cannabis Achieves Record Q1: Adjusted EBITDA Soars 1,523%, Revenue Grows 5%, Strong 2024 Ahead
Auxly Cannabis reports a record Q1 with 5% revenue growth and a 1,523% surge in adjusted EBITDA. Explore these impressive results.
Cronos Cannabis Company Slashes Losses, Reports Highest Quarterly Net Revenue In Q1 2024
Cronos Group Inc., (NASDAQ: CRON) a global cannabinoid company, has reported an increase in net revenue for the first quarter of 2024.
Canopy Growth Expands U.S. Reach By Acquiring These Two Key Cannabis Brands
Canopy Growth confirms acquisitions of Wana and Jetty, enhancing its U.S. cannabis market strategy and operational synergies.
Revenue Down, Margins Up: Lifeist's Q1 Financial Results Show Focus On Premium Products Curbed Revenue Drop
Lifeist Wellness' Q1 2024 financial results, highlight a strategic shift towards higher-margin products and improved efficiencies. Read now!
Investors Shuffle Stock Positions In Aurora Cannabis: Beyond Earnings, Liquidity Looks Appealing
Aurora Cannabis Inc. captured investor attention with a dramatic 38% increase in options trading and a significant 18.2% surge in stock price in a single trading day. These movements underscore a robust financial period for the company, which reported quarterly revenues of $53.34 million, surpassing expectations by nearly 16%.
Massachusetts Cannabis Sales Soar Past $6B Record, Canada Sees Steady 1.7% Year-Over-Year Growth
Explore how Massachusetts hits a $6B cannabis sales record and Canada's market sees a steady 1.7% growth. Read more on regional sales trends.
Cannabis Companies' Gains - U.S. Versus Canada: Averages Can Be Deceiving, Irrational Market Behavior To Blame?
Recent insights from Viridian Capital Advisors shed light on the bewildering trends in cannabis stocks. Year-to-date (YTD) data indicates that U.S. multi-state operators (MSOs) and Canadian licensed producers (LPs) have experienced drastically different fates. At a glance, U.S. MSOs show an average return of 26.4%, towering over Canadian LPs' modest 1.3%.
No Cannabis Tax Relief In Canada, Tilray CEO Says This 'Hinders Our Ability To Compete With The Illicit Market'
Imported Medical Marijuana In Australia Not Tested For Quality, Canada's Cannabis Industry Eager For Tax Cut & More
This Latin American Cannabis Co. Plans To Expand In Thailand Amid Significant Shifts In Weed Regulation Landscape
PharmaCielo revealed its plans to acquire cannabis operations in Thailand.On Wednesday, the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., said it has signed a binding letter of intent to enter a proposed transaction to acquire 100% of the issued and outstanding shares of Siam Ventures Corporation in exchange for common shares of PharmaCielo equaling to CA$3 million ($2.2 million).PharmaCielo also revealed it's undertaking a non-brokered private placement of 9,090,909 units at CA$0.2 per unit. Under the deal, the sum will be payable on closing by way of the issuance of 13,636,363 PharmaCielo Shares to the Siam Ventures' shareholders on a pro-rata basis.
Legal Canadian Cannabis Retailer Fined $200K For Alleged Inducement Program
Justin Trudeau Says There Are No Downsides To Cannabis Legalization, Slams International Treaties' Excuse To Reject Reform
NASDAQ-Listed Marijuana Stocks, Tilray, Canopy, Aurora Rally: What's Behind The Surge?
The Canadian cannabis sector is witnessing a notable upswing, driven by recent developments including Tilray's (NASDAQ: TLRY) earnings report, Organigram's investor day (NASDAQ: OGI) and pivotal movements by Canopy Growth (NASDAQ:
Canadian Cannabis Giant Sets Stage For Growth With $18.5M Public Offering
Discover OrganiGram's strategic $25M public offering aimed at fueling growth and shaping the future of the cannabis industry.
Cannabis Producer, Rubicon Organics, Reports Seventh Consecutive Quarter Of Positive Cash Flow & EBITDA
Rubicon Organics Inc. (TSXV: ROMJ) (OTC: ROMJF), a leading producer of organic certified, premium cannabis, has reported its financial outcomes for the year ended December 31, 2023, showcasing significant growth.