Cannabis News Box

Canopy Growth Corporation (CNW Group/Canopy Growth Corporation)

Canopy Growth is throwing in the towel for numerous Canadian facilities

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 15, 2020

As many as 220 of cannabis company Canopy Growth’s employees will lose their jobs amid the company’s abandonment of numerous Canadian cultivation facilities.  Based in Smiths Falls, Ontario, major...

Aurora Cannabis is undergoing a drastic restructuring phase

The cannabis company has reviewed "all business operations and concluded that certain assets and goodwill values as at Dec. 31, 2019 exceed current fair-market valuations."
Bethan Rose Jenkins, Cannabis News Writer/Editorial February 13, 2020

In January, shares of pot stock Aurora Cannabis Inc. sunk by 12.5 percent. This wasn't the only thing that shook the Canadian cannabis company this year. On Thursday, February 6, a statement from Aurora...

Canada’s cannabis industry could encourage the U.S. to do better

Bethan Rose Jenkins, Cannabis News Writer/Editorial July 17, 2018

On Thursday, June 7, the Canadian Senate passed the Cannabis Act to legalize recreational cannabis. Global attention is now closely fixated on the North American country, as it embraces cannabis reform...

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