Cannabis producer Hexo Corp. reported a net loss of 21 million Canadian dollars ($17 million) for its second quarter ended Jan. 31 as its chief executive said the Canadian industry was entering its “most competitive phase” yet. Ottawa, Ontario-based Hexo saw improved...
For the third time in less than four years, California lawmakers are revisiting the state’s marijuana licensing program, ostensibly to give businesses and regulators more time to get permits processed while allowing the industry to keep functioning without major...
As South Dakota works to implement the medical and recreational marijuana industry passed by voters in 2020, a new trade group seeks to assist cannabis companies in the state. The Cannabis Industry Association of South Dakota (CIASD) recently formed, and Ned Horsted...
The executive turntable at the Ontario Cannabis Store (OCS) is spinning again, with the provincial wholesale monopoly and online retailer about to get its sixth president in three years. The rapid executive turnover has some industry watchers concerned the...
Cannabis companies will likely see a boost in sales from the third round of federal stimulus payments, providing added fuel to an industry already thriving during the coronavirus pandemic. The $1.9 trillion coronavirus relief plan President Joe Biden signed last week...
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