


U.S. CBD company Charlotte’s Web signs deal with Canadian cannabis company Tilray
LEAMINGTON, Ont. – Charlotte's Web Holdings Inc. has signed a deal with Tilray Brands Inc. for the manufacturing, marketing and distribution of Charlotte's Web CBD hemp extract products in Canada. Financial terms of the agreement were not immediately available. The…

Canopy warns Nasdaq objects to plans for U.S. holding company, could delist pot firm
SMITHS FALLS, Ont. – Canopy Growth Corp. is warning a U.S. holding company it wants to set up could be delisted from the Nasdaq stock exchange, which is objecting to some of its plans. The Smiths Falls, Ont. cannabis company…

Canopy Growth looks to grow U.S. business with new holding company structure
Canopy Growth Corp.'s share price surged more than 27 per cent as it announced it will fast track its plans for the U.S. market with the creation of a new U.S.-domiciled company meant to hold its cannabis investments made south…

Cronos Group, former exec agree to pay fines as part of SEC, OSC settlements
TORONTO – Cronos Group Inc. and one of its former executives signed settlements Monday with U.S. and Canadian regulators that accused them of filing inaccurate financial statements. The Toronto cannabis company said the settlements ended a pair of investigations being…

The Green Organic Dutchman signs deal to merge with BZAM Cannabis
TORONTO – The Green Organic Dutchman Holdings Ltd. (TGOD) has signed a deal to merge with BZAM Holdings, a privately owned cannabis company. The companies say the deal combines TGOD's market strength in Quebec and Ontario with BZAM's strength in…

Uber Eats to process cannabis deliveries in Toronto through new Leafly partnership
Toronto cannabis shoppers will be able to request cannabis deliveries through Uber Eats starting Monday. The food delivery platform owned by U.S. tech giant Uber Technologies Inc. announced a partnership with online marijuana marketplace Leafly on Sunday that will see…

Tough ruling against former cannabis execs could send message: experts
TORONTO – Industry observers say cannabis companies' future regulatory compliance is at stake as a case against three former leaders of CannTrust Holdings Inc. begins. Charges were first laid by the Ontario Securities Commission in June 2021, about three years…

Former CannTrust leaders plead not guilty to securities offences
TORONTO – Three former CannTrust Holdings Inc. leaders have pleaded not guilty to quasi-criminal charges related to thousands of kilograms of cannabis found growing in unlicensed rooms operated by the company. Peter Aceto, Eric Paul and Mark Litwin, the pot…

Biden offers pardons for pot possession, signals deeper reform for U.S. cannabis laws
WASHINGTON – President Joe Biden is pardoning people convicted under federal law of possessing marijuana — and signalling that he's willing to revisit whether cannabis should remain a controlled substance in the United States. In a pre-recorded video released unexpectedly…

Medical marijuana committee reports support in Kentucky
FRANKFORT, Ky. (AP) — An advisory committee set up this year by Gov. Andy Beshear reported that many Kentucky adults favour legalizing medical marijuana, Beshear's office said Friday. The Democratic governor formed the Medical Cannabis Advisory Committee after a bill…

Front companies being used to launder illicit cannabis cash: intelligence agency
OTTAWA – Canada’s financial intelligence agency says a wide range of businesses — from food wholesalers to electronics repair services — are being used to disguise the proceeds of illicit cannabis operations. In a new operational alert, the Financial Transactions…

Canopy Growth to sell Tweed, Tokyo Smoke stores to OEGRC and Four20 owner
Canopy Growth Corp. is getting out of the cannabis retail business with two deals to divest its Tweed and Tokyo Smoke stores. The Smiths Falls, Ont. cannabis company announced Tuesday that it sold all of its stores outside Alberta, as…

Lawsuit: California utility targeted Asians in pot searches
SACRAMENTO, Calif. (AP) — Extraordinary use of electricity has long been a telltale sign of illegal grow houses producing thousands of marijuana plants hidden in seemingly ordinary homes. But a lawsuit filed by a data privacy watchdog says a Northern…

How is cannabis legalization going? Feds launch overdue review to find out
OTTAWA – The federal government launched a long-awaited review on Thursday of how legalizing marijuana has affected the health of Canadians, the domestic cannabis industry and the black market. The Liberals lifted a century-long prohibition on the recreational use and…

Pot sector wants packaging changes, financial relief from Cannabis Act review
TORONTO – Canada’s cannabis industry is hoping a newly launched review of the legislation that paved the way for the recreational use and sale of pot will help the sector stave off more financial difficulties. The statutory review launched Thursday…



