Howard Alexander

TORONTO – In a bid to help retailers compete with the illicit pot market, the Ontario Cannabis Store will lower its price margins this fall — but its chief executive warns the move won't solve all the industry's woes. The…

TORONTO – Canopy Growth Corp. will hold its prices as licensed pot producers weigh whether to pass along to consumers the savings from the Ontario Cannabis Store's forthcoming margin decrease. The Smiths Falls, Ont. cannabis company behind the Tweed, Ace…

VAUGHAN, Ont. – Phoena Inc. says chief executive Greg Guyatt has resigned. The Vaughan, Ont. cannabis company says Guyatt's resignation was effective Feb. 24 and comes three years after he joined the business. Guyatt is leaving the company behind the…

RALEIGH, N.C. (AP) — The North Carolina Senate voted to legalize marijuana use for medical purposes, giving strong bipartisan support for the second year in a row to an idea that its supporters say would give relief to those with…

OKLAHOMA CITY (AP) — Oklahoma voters on Tuesday rejected the legalization of recreational marijuana, following a late blitz of opposition from faith leaders, law enforcement and prosecutors. Oklahoma would have become the 22nd state to legalize adult use of cannabis…

VANCOUVER – A Vancouver-based law firm says it has filed a proposed securities class-action lawsuit on behalf of anyone who acquired shares in a B.C. company that recently announced plans to commercialize cocaine. Adastra Labs CEO Michael Forbes released a…

Amphetamine-related visits to Ontario emergency departments have skyrocketed over the last two decades, a recent study published in the Canadian Journal of Psychiatry says. "It's astonishing,” said lead author James Crispo, a postdoctoral research fellow in pharmaceutical sciences at the…

Hexo Corp.'s chief executive says he's seen a "price war" take shape over the last five months that could cause "significant" damage to Canada's cannabis industry. "No one wins in a price war," Charlie Bowman told analysts on a Friday…

Canada violated the rights of hundreds of patients awaiting access to psilocybin-assisted psychotherapy when it rejected applications from health-care professionals to consume the restricted drug for training purposes, a lawyer for the workers argued in Federal Court on Tuesday. But…

TORONTO – Shoppers Drug Mart Inc. is moving away from its medical cannabis distribution business and preparing to transfer patients to a platform run by biopharmaceutical company Avicanna Inc. The pharmacy chain owned by Loblaw Companies Ltd. announced the shift…

Calgary-based pot retailer SNDL Inc. says it is buying four Dutch Love cannabis stores from Lightbox Enterprises Ltd. SNDL says it is paying $7.8 million for three stores in B.C., one in Ontario and the right to use some of…

NEW YORK (AP) — New York regulators approved 99 new provisional licenses for recreational marijuana dispensaries Monday as they try to speed up the rollout of a legal market that had been impeded by a court ruling. New York legalized…

Tilray Brands Inc. is buying fellow cannabis company Hexo Corp. in an all-share deal valued at US$56 million aimed at helping the business navigate a "challenging" cannabis market that has seen significant price compression. The deal announced Monday will unite…

Phoena Holdings Inc. plans to wind down its business and has obtained creditor protection for a second time. Documents filed with a Toronto court show the Vaughan, Ont. cannabis company previously called CannTrust Holdings Inc. is insolvent and plans to…

OTTAWA – Quebec’s ban on possessing and cultivating cannabis plants for personal purposes is constitutional, Canada's high court ruled Friday. The Constitution allows Quebec to implement the restrictions, which do not frustrate the purpose of the federal Cannabis Act, the…