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MONCTON, N.B. – Cannabis company Organigram Holdings Inc. reported a loss in its latest quarter as its revenue more than doubled compared with a year ago. The company says its net loss for the quarter ended Feb. 28 amounted to…

New Jersey to begin recreational marijuana sales
TRENTON, N.J. (AP) — Recreational marijuana sales in New Jersey for those 21 and older will begin April 21, Democratic Gov. Phil Murphy said Thursday. Murphy's announcement on Twitter comes just three days after state regulators green lighted permits for…

Swiss authorities clear first cannabis sale pilot project
BERLIN (AP) — Swiss authorities on Tuesday gave the green light for a pilot project under which a few hundred people in the city of Basel will be allowed to buy cannabis from pharmacies for recreational purposes. Basel's plan was…

New York City wants to help those hit by ‘war on drugs’ sell legal pot
NEW YORK (AP) — New York City Mayor Eric Adams says he wants the city to promote its impending legal cannabis industry and assist people from minority communities most affected by marijuana-related offenses to become marijuana entrepreneurs. Adams is set…

‘Amazing’: Cannabis sales in New Jersey bring excited buyers
BLOOMFIELD, N.J. (AP) — Michael Barrows wore his Grateful Dead T-shirt and Jerry Garcia face mask for opening day of recreational marijuana sales in New Jersey on Thursday, one of dozens of people who lined up before dawn to join…

Oklahoma marijuana legalization questions heading to ballot
OKLAHOMA CITY (AP) — Plans to fully legalize marijuana can proceed to the signature-gathering stage, the Oklahoma Supreme Court ruled, paving the way for two more cannabis plans seeking voter approval. The high court's ruling late Tuesday comes amid a…

Hexo to streamline operations by closing Belleville facility, affecting 230 employees
GATINEAU, Que. – Hexo Corp. says it will close its Belleville facility this summer affecting 230 employees as it further streamlines operations. The Gatineau, Que.-based cannabis company had continued to lease the Ontario facility after selling its 25 per cent…

‘Day of reckoning’ coming for Kootenay cannabis growers as pressures mount
Efforts to build a legal cannabis economy in the West Kootenay are faltering, and the legacy industry could face imminent collapse, say local industry insiders and analysts. “We’re extremely concerned this whole industry is going to fold,” says Shannon Ross,…

Truss CEO expecting summer of cannabis-infused beverages after category’s rocky debut
TORONTO – When cannabis-infused drinks were legalized in Canada in 2020, pot producers expected the beverages to flow all summer as consumers flocked to the new category. Those visions were dashed when the COVID-19 pandemic temporarily closed shops that March…

Pot company Canopy Growth to lay off 243 workers as it moves to cut costs
Canopy Growth Corp. says it will lay off more than 200 workers as part of a new cost reduction strategy that will make cannabis cultivation more affordable and uncover supply chain efficiencies, though it didn't offer a target date for…

After pot conviction, New York couple plans for legal dispensary
HICKSVILLE, N.Y. (AP) — Eladio Guzmán spent two years in jail for selling drugs, missing the birth of his first child. Cannabis is part of his tumultuous past, but a year after New York legalized possession and use of marijuana,…

Hexo appoints third CEO in six months as cannabis company restructuring continues
GATINEAU, Que. – Musical chairs is continuing at Hexo Corp. as the cannabis company has announced the appointment of its third chief executive in six months. Charlie Bowman has been appointed acting president and CEO, effective immediately, replacing Scott Cooper.…

Cannabis company Choom obtains creditor protection, interim financing from Aurora
VANCOUVER – Choom Holdings Inc. and some of its subsidiaries have obtained creditor protection from the Supreme Court of British Columbia and interim financing from Aurora Cannabis Inc. In court filings, the Vancouver-based cannabis retailer says it is sought protection…

Pot shop sales data breach could shift competition in market, alter confidence in OCS
TORONTO – A recent breach of Ontario cannabis store sales data could shake up competition among pot shops and negatively impact retailers' confidence in the province's pot distributor, say industry observers. The Ontario Cannabis Store, which distributes marijuana crafted by…

Aurora Cannabis to close Westwold outdoor growing facility
EDMONTON – Aurora Cannabis Inc. says it will wind down operations at an outdoor grow site in the B.C. Interior. The Edmonton-based cannabis company says it no longer has a need for the Westwold property called Aurora Valley because it…



