


Aurora Cannabis closes sale of Aurora Polaris facility for $15M in gross proceeds
EDMONTON – Aurora Cannabis Inc. says it has closed the sale of its Aurora Polaris facility. The company says gross proceeds from the sale totalled about $15 million. Aurora announced in 2021 that it would close the Alberta property as…

As under-the-table market grows, patients urge Ottawa to regulate magic mushrooms
OTTAWA – Thomas Hartle became one of the first Canadians to receive a federal exemption to treat symptoms of his stage-four colon cancer with magic mushrooms just a few years ago — and he was celebrated for it. But not…

750,000 B.C. residents in favour of public cannabis consumption: survey
VICTORIA – British Columbia has released results of public engagement on the possible approval of cannabis consumption spaces, such as at lounges, cafes, special events or other businesses where marijuana products are available for sale. The report, produced by the…

Cannabis company Organigram reports Q1 profit as revenue and margins improve
TORONTO – Organigram Holdings Inc. reported a profit in its latest quarter compared with a loss a year earlier as its revenue and margins improved. The cannabis company says it earned net income of $5.3 million for the quarter ended…

Flavoured cannabis marketing in U.S. criticized for targeting kids
NEW YORK (AP) — When New York's first licensed recreational marijuana outlet opened last month, the chief of the state's Office of Cannabis Management, Chris Alexander, proudly hoisted a tin of watermelon-flavoured gummies above the crowd. Outside the Manhattan shop,…

Cannabis company Hexo regains compliance with Nasdaq’s minimum bid price requirement
GATINEAU, Que. – Hexo Corp. says the Nasdaq Stock Market LLC has informed the cannabis company that it has regained compliance with minimum bid price requirements. Gatineau, Que.-based Hexo became non-compliant with the requirement when its closing bid price for…

Cannabis company The Green Organic Dutchman Holdings changing name to BZAM
TORONTO – The Green Organic Dutchman Holdings Ltd. is changing its name to BZAM Ltd. The cannabis company says it will also change its ticker symbol on the Canadian Securities Exchange to BZAM. The exact timing of the name change…

Hong Kong bans CBD, label it a ‘dangerous drug’
HONG KONG (AP) — Hong Kong has banned CBD, categorizing it as a “dangerous drug" and mandating harsh penalties for its smuggling, production and possession, customs authorities announced. Supporters say CBD can treat a range of ailments including anxiety and…

Psychedelic churches in U.S. pushing boundaries of religion
HILDALE, Utah (AP) — The tea tasted bitter and earthy, but Lorenzo Gonzales drank it anyway. On that frigid night in remote Utah, he was hoping for a life-changing experience, which is how he found himself inside a tent with…

Ontario cannabis shop sales data circulating, provincial pot regulators investigate
TORONTO – Ontario cannabis stores are seeing their sales data shared among competitors without approval for at least the second time in a year, sparking concerns for shops competing in an already intense industry. Jennawae McLean, the co-founder of Kingston,…

Legal recreational pot sales begin for Missouri adults
COLUMBIA, Mo. (AP) — Recreational marijuana sales in Missouri officially last week after the state health department unexpectedly began approving dispensary permits early. Medical marijuana has been legal in the state since a ballot measure passed in 2018, but voters…

Banning guns for marijuana users unconstitutional: U.S. Federal Judge
OKLAHOMA CITY (AP) — A federal judge in Oklahoma has ruled that a federal law prohibiting people who use marijuana from owning firearms is unconstitutional, the latest challenge to firearms regulations after the U.S. Supreme Court’s conservative majority set new…

Cannabis company Canopy Growth to lay off 800, close and consolidate some facilities
Canopy Growth Corp. will lay off 800 workers as part of a transformation plan that will see the company close a former Hershey chocolate plant it tookover and consolidate some of its cultivation operations. The Smiths Falls, Ont., cannabis company…

Aurora Cannabis records $67.2 million net loss in second quarter
Aurora Cannabis Inc. announced Thursday that it has completed a transformation plan delivering $340 million in annualized savings since February 2020, but said it still incurred a $67.2 million net loss in its most recent quarter. The plan involved an…

Red states join push to legalize magic mushrooms for therapy
SANDY, Utah (AP) — Shawn Blymiller spent 10 years of feeling mostly numbed while prescribed traditional anti-depressants, trudging through his day-to-day life as a suburban Salt Lake City father of two kids balancing the obligations of family and work selling…



