Cannabis News Box

Canadian cannabis giant Tilray sees its net loss improve to $184 million

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 26, 2020

In February, Tilray laid off 10 percent of its staff as part of a "global restructuring effort." Whatever Tilray has been busy doing since this time, the company – one of the most acknowledged and sophisticated producers on a global scale – seems to be experiencing some positive repercussions.  ...

Legal cannabis companies in the States are being dismissed by Canadian banks

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 18, 2019

America is edging closer to cannabis reform. So far, 33 U.S. states have legalized cannabis for medical purposes, and 10 U.S. states and Washington D.C. have legalized the plant for adults aged 21 and over. Uncle Sam might be turning a verdant shade of green, but one main problem remains for legal weed ...

bank of montreal