Cannabis News Box

Tilray is shuttering its High Park Gardens cannabis greenhouse

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

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 is the latest in a string of Canadian businesses to reveal it will be closing the doors of its ...

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

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

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.  ...

Canopy Growth shares drop after company dismisses 500 workers

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

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 shares were to be expected, considering the fact that the Canadian cannabis company recently annou...

Aurora Cannabis is undergoing a drastic restructuring phase

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

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 announced that Chief Executive Terry Booth will be retiring from his role amid "sweeping changes"...

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

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

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 is getting involved with the cannabis industry, in spite of the fact that he is not as heavily associa...

Cannabis is legal in Canada, but supply is dry

Cannabis is legal in Canada, but supply is dry

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 will meet a mere 30-60 percent of total consumer demand once recreational sales kick off. Industry ana...

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

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

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 of bringing their idea to life. But wait a second, doesn't the concept of cannabis beer already ...

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