Retail sales of adult-use cannabis products in Canada declined to 282.8 million Canadian dollars ($225 million) in January, 5.6% lower than a month earlier, according to the latest Statistics Canada data. Sales fell in every province and territory. Alberta and Ontario...
The largest-yet human CBD toxicological trial has been launched in Europe to check the effects of consuming trace amounts of THC. The European Industrial Hemp Association says it will assess 200 CBD users for a 30-day period. The association tells UK-based Cannabis...
New Brunswick has discontinued the request for proposal (RFP) process for the privatization of recreational cannabis sales, meaning the province will retain the government-owned-and-operated store model through Cannabis NB. New Brunswick requested proposals back in...
While rival Canadian cannabis producers plowed massive amounts of capital into cultivation infrastructure, losing billions of dollars in the process, New Brunswick-based Organigram forged a different path. Organigram – which trades on the Nasdaq and the Toronto Stock...
Cannabis-related firms again face hurdles in qualifying for financial relief under the newly enacted $1.9 trillion coronavirus stimulus package, but the door has opened wider for hard-hit companies, especially small and economically disadvantaged businesses. The...
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