


Aurora Cannabis to purchase Thrive Cannabis owner TerraPharma in $38 million deal
Aurora Cannabis Inc. is bolstering its premium pot strategy by acquiring TerraFarma Inc., the parent company of Thrive Cannabis. The deal announced Tuesday will see Thrive amalgamate with a subsidiary of Aurora, which will acquire all of TerraFarma’s issued and…

Canopy Growth Corp. appeals CRA penalty for growing pot before being licensed
A defunct subsidiary of Canopy Growth Corp. is fighting a court battle against the Canada Revenue Agency, which fined the pot company almost half-a-million dollars in 2020 for allegedly growing cannabis on a Saskatchewan farm before it was licensed to…

As New York preps pot market, sales grow on Native American land
ST. REGIS MOHAWK RESERVATION, N.Y. (AP) — As New York inches toward launching a retail marijuana market, sales of buds and edibles are already flourishing on some Native American land around the state. Shops dot the main road through the…

427 seek prequalification for Vermont retail cannabis market
Vermont has started taking prequalification applications from potential marijuana growers, retailers, product manufacturers and others as it prepares for a retail cannabis market to open this fall. As of midday on Tuesday, 427 had applied for prequalification, including 66 potential…

Canadian pot producers watch closely as Democrats aim to rewrite U.S. cannabis laws
WASHINGTON – More than three years after legal cannabis arrived in North America on a national scale, Congress is taking another stab at following Canada's lead by ending long-standing federal prohibitions on marijuana in the United States. A meeting Wednesday…

Cannabis retailer High Tide buying two stores in Ontario’s cottage country for $2.8M
CALGARY – Cannabis retailer High Tide Inc. has signed a deal to buy Livonit Foods Inc., which operates two stores in Ontario under the Bud Heaven banner. The company is paying $2.8 million in shares for the stores located in…

SC House committee sets public hearing on medical marijuana
COLUMBIA, S.C. (AP) — A House committee will hold a public hearing Monday on a bill to allow the use of medical marijuana in South Carolina. A small group of House members Thursday made a few changes in the lengthy…

April Fools’ Day meets 4/20: U.S. House votes in favour of decriminalizing cannabis
WASHINGTON – Friday on Capitol Hill was more 4/20 than April Fools' Day as Democrats in Congress once again cleared a significant hurdle in their fight to decriminalize cannabis at the federal level in the United States. By a margin…

New Mexico launches cannabis sales within Texans’ reach
SANTA FE, N.M. (AP) — New Mexico is bringing sales of recreational marijuana to the doorstep of Texas, the largest prohibition state, as the movement toward broad legalization sweeps up even more of the American West. As of Friday in…

Cannabis retailer buying two stores in Alberta for $2.2M in shares
CALGARY – Cannabis retailer High Tide Inc. has signed a deal to buy two stores in Alberta for $2.2 million in shares. The company says it will acquire the company operating as Boreal Cannabis Company, which has a store in…

Labatt ends Canadian operations of CBD drinks venture Fluent Beverage
TORONTO – Labatt Breweries of Canada will wind down its non-alcoholic beverages company that made drinks containing some of the active ingredients found in cannabis. Fluent Beverages chief executive Jorn Soquet revealed the end of the company's Canadian operations in…

Cannabis company Tilray reports US$52.5M profit as market share slips again
Tilray Brands Inc. saw its share of the Canadian retail cannabis market slip recently, but says it is feeling encouraged because the recent dips are less significant than it previously experienced. Blair MacNeil, the Leamington, Ont. pot company’s president of…

California man illegally growing cannabis guilty of setting fire that killed 12 endangered condors
SALINAS, Calif. (AP) — A man who started a 2020 wildfire that killed 12 endangered California condors and seriously injured a firefighter was convicted Thursday of arson and could face up to 24 years in state prison when he is…

New Jersey approves seven facilities for recreational cannabis sales
TRENTON, N.J. (AP) — New Jersey regulators gave a green light Monday to seven facilities that already sell medical marijuana to also sell recreational cannabis, although it's not clear exactly when sales would begin. Sales could start in a matter…

Cannabis company Tilray Brands signs definitive agreement in Hexo deal
LEAMINGTON, Ont. – Cannabis company Tilray Brands Inc. has signed a definitive agreement in its proposed plan with rival Hexo Corp. first announced last month. Under the deal, Tilray will acquire the US$193 million in outstanding senior secured convertible notes…



