


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…

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…

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…

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…

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…

Cannabis company Hexo hit by one-time charges, reports $690.3M net loss
Hexo Corp. reported a net loss of $690.3 million as it recorded $616 million in one-time impairment charges in its latest quarter as it worked to turn around the cannabis business. The Gatineau, Que.-based pot company spent its second quarter…

CannTrust to change name as it exits creditor protection with new majority investor
VAUGHAN, Ont. – CannTrust Holdings Inc. plans to change its name after exiting creditor protection, with its subsidiary receiving $17 million in financing from a group of investors led by a Netherlands-based private equity investment company. The beleaguered Ontario-based cannabis…

Feds look to change cannabis drink regulations so Canadians can buy more at a time
TORONTO – The federal government is eyeing regulatory changes that could allow Canadians to purchase a greater number of cannabis beverages without exceeding public possession limits. A proposal shared this month in government publication Canada Gazette would change how the…

New York City revival plan includes tourism, clean streets, pot sales
NEW YORK (AP) — After two years of the pandemic battering New York City, Mayor Eric Adams is hoping to steer his city toward an economic revival by luring tourists back, beautifying the streets and embracing New York’s looming legal…

Supreme Court agrees to examine constitutionality of Quebec cannabis law
OTTAWA – The Supreme Court of Canada will weigh the constitutionality of a Quebec law that forbids the growing of cannabis for personal use. Four years ago the federal government legalized recreational cannabis, allowing people to grow up to four…

Ontario to allow cannabis delivery, curbside pickup on permanent basis
TORONTO – The Alcohol and Gaming Commission of Ontario says cannabis retailers in the province can offer delivery and curbside pickup services on a permanent basis. The move is meant to make the two sales avenues pot stores were first…

Health-care professionals in Canada request psilocybin for training
About 80 health-care professionals from across the country are challenging Health Canada's decision to reject their applications to use restricted psychedelic drugs as part of training in psilocybin-assisted psychotherapy. The professionals — including doctors, psychologists, clinical counsellors, social workers and…

Black entrepreneurs outnumbered in cannabis sector that poses structural challenges
TORONTO – When cannabis was headed toward legalization in Canada, Edmonton entrepreneur Keenan Pascal noticed people from every walk of life entering the industry. Four years later, the chief executive of cannabis manufacturing business Token Naturals said the now established…

New York state clamps down on businesses offering marijuana as a ‘gift’
NEW YORK (AP) — While New York works on launching a legal market for recreational marijuana, some entrepreneurs dove into a legal grey area by saying they're not selling pot but giving it away while people buy something else. Now,…

Aurora Cannabis reports $75.1M Q2 loss as revenues fall by 10 per cent
EDMONTON – Aurora Cannabis Inc. reported a $75.1 million loss in its most recent quarter as its net revenue and quantities of cannabis sold also dropped. The Edmonton-based pot company says its second quarter loss was an improvement from the…



