Cannabis News Box

https://www.healtheuropa.eu/medical-cannabis-research-leader/87243/

Canadian cannabis firm Tilray reports $341 million net loss in last quarter

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 31, 2021

A net loss of CAD$350 million (USD$290 million) was recently recorded by Canadian cannabis company Tilray, which officially merged with Aphria on May 3. The devastating financial loss comes after the company's...

https://www.nanalyze.com/2018/10/new-age-beverages-cannabis-drinks-stock/

Canadian cannabis company purchases U.S. craft-beer maker Sweetwater

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

Aphria Inc. has become the latest cannabis company to acquire a craft beer company. Headquartered in Leamington, Canada, Aphria  has announced that it intends on purchasing Atlanta’s Sweetwater Brewing...

https://seekingalpha.com/article/4189460-cannabis-comparisons-tilray-vs-competition

Tilray is shuttering its High Park Gardens cannabis greenhouse

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 3, 2020

The Chief Executive Officer (CEO) of Tilray has backed out on a deal to grow cannabis from its High Park Gardens facility in Leamington, Ontario. A British Columbia-headquartered cannabis cultivator, Tilray...

https://www.healtheuropa.eu/medical-cannabis-research-leader/87243/

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...

https://internationalcbc.com/big-alcohol-invests-in-cannabis-company-canopy-growth/

Canopy Growth shares drop after company dismisses 500 workers

Bethan Rose Jenkins, Cannabis News Writer/Editorial March 13, 2020

The repercussions of Canopy Growth Corp. eliminating 500 members of its workforce are being felt by pot stock investors and traders; on Thursday, March 5, shares sunk by four percent. Canopy's plummeting...

https://www.newswire.ca/news-releases/aurora-cannabis-announces-ceo-retirement-and-succession-board-of-directors-expansion-and-business-transformation-plan-869307955.html

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...

https://www.livetradingnews.com/rapper-drake-has-partnered-with-canopy-growth-on-a-new-cannabis-venture-158549.html

Drake is teaming up with a Canadian cannabis firm to launch business in Toronto

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 2, 2019

He is well known for releasing chart topping hits such as “What’s my name?” featuring Rihanna and “Started from the bottom,” which reached number six on the Billboard Hot 100. Now, Rapper Drake...

Cannabis is legal in Canada, but supply is dry

Cannabis is legal in Canada, but supply is dry

Failure to meet consumer demand with a restricted supply means that illicit substances will continue to be dealt outside of the legal system
Bethan Rose Jenkins, Cannabis News Writer/Editorial October 17, 2018

Canada is short on cannabis, despite the fact that legalization is officially due to roll out on today. Based on a recent report released by the C.D. Howe Institute, the Great White North's supply of bud...

https://www.worldwide-marijuana-seeds.com/blogs/marijuana-news/bud-and-beer-why-society-has-got-it-backwards

Province Brands is developing the world’s first cannabis-brewed beer

It tastes “less sweet than a typical beer flavor” and the high “hits you very quickly"
Bethan Rose Jenkins, Cannabis News Writer/Editorial August 12, 2018

Canadians may soon be sipping on the world's first cannabis-brewed beer. Inside a quaint Ontario-based laboratory, scientists have been hard at work discovering different fermentation techniques as a way...

https://hightimes.com/news/tennessee-medical-marijuana-bill/

Canadian insurers are being prudent about offering medical cannabis coverage

Aside from the costs associated with medical cannabis coverage in Canada, insurers are worried about the lax prescription process
Bethan Rose Jenkins, Cannabis News Writer/Editorial August 5, 2018

Canada’s cannabis industry is still in its infantile stages, but the North American country is on track to becoming a world leader in legal cannabis. Having recently passed the Cannabis Act, it’s...

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