


iN VIDEO: Comedians, cannabis companies push pot legalization in U.S.
NEW YORK (AP) — Big cannabis companies are backing a new, celebrity-infused campaign to enlist marijuana users to pressure members of Congress to legalize pot nationwide. Federal legalization has advanced somewhat but still faces strong headwinds on Capitol Hill. The…

Aurora Cannabis buying stake in Dutch company Growery, to provide secured loan
EDMONTON – Aurora Cannabis Inc. says it has signed a deal to invest in a significant equity stake in Growery B.V., a Netherlands-based company that holds a license to participate in the country's controlled cannabis supply chain experiment. The size…

Organigram’s new CEO opens up about company’s future, U.S. pot legalization
For much of the COVID-19 pandemic, the leaders of Canada's biggest cannabis companies have spouted lofty ambitions linked to a U.S. pot market they strongly believe is on the brink of federal legalization and will be their ticket to profitability.…

Canopy Growth delays profitability target after $16.3M loss in Q2, facility closure
Canopy Growth Corp. pushed back its profitability target as it reported a $16.3 million loss and said it would close one of its greenhouses. The Smiths Falls, Ont. cannabis company previously predicted it would be profitable in the second half…

Alberta introduces bill to exit online cannabis sales, leave it to retailers
EDMONTON – Alberta is moving to get out of the online cannabis business and allow licensed retailers sell weed on the internet instead. Cannabis retailers would be allowed to sell some branded clothing and other accessories as well. The province…

Connecticut coastal towns taking action to ban cannabis establishments
NEW HAVEN, Conn. (AP) — With the legalization of recreational cannabis for adults and the impending start of retail sales next year, several Connecticut coastal towns are saying no, for now. Guilford, Madison and North Branford recently put in place…

Hexo auditor raises ‘substantial doubt’ about company as it reports $67.9M loss in Q4
Hexo Corp.'s auditor raised serious concerns about the company's future as it reported a $67.9 million net loss in its latest quarter. PricewaterhouseCoopers LLP said its recent review of the Ottawa-based cannabis business showed that Hexo "did not maintain, in…

Police aided illegal marijuana operation in Maine, feds say
PORTLAND, Maine (AP) — Two sheriff's deputies accepted new cars and an ownership stake in an operation that illegally sold more than $13 million in pot grown for Maine’s medical marijuana program, federal prosecutors said. Two other law enforcement officers…

New York state police seizures of marijuana plants fall sharply
New York State Police seizures of marijuana plants have plunged this year as the state legalized possession of small amounts of pot and some local law enforcement agencies backed off efforts to root out marijuana crops, according to a published…

Montana Supreme Court overturns man’s marijuana conviction
HELENA, Mont. (AP) — The Montana Supreme Court has overturned a man's conviction for transporting drugs after finding the arresting officers violated his constitutional right to be free from unreasonable search and seizure. Tuesday's unanimous ruling sends the case back…

Cannabis company Hexo names Scott Cooper as new CEO, effective immediately
OTTAWA – Hexo Corp. has named Scott Cooper as the cannabis company's new president and chief executive, effective immediately. Cooper is president and CEO of Truss Beverages, a joint venture between Hexo and Molson-Coors. Hexo says Cooper will head both…

Oregon illegal pot grows: More calls to send National Guard
SALEM, Ore. (AP) — On the same day last week that a southern Oregon county declared a state of emergency amid a sharp increase in illegal cannabis farms, police raided a site that had about two tons of processed marijuana…

Hexo CEO Sebastien St-Louis leaves company amid strategic reorganization
OTTAWA – Hexo Corp. says Sebastien St-Louis, the cannabis company's co-founder and chief executive, is leaving the company, effective immediately. The change comes as the company completes a strategic reorganization. "On behalf of the entire organization, I would like to…

Drake invests in Canadian pot company Bullrider, becomes partner and strategic adviser
TORONTO – Drake has invested in a Toronto cannabis company months after his partnership ended with Canopy Growth Corp. Bullrider announced the rapper's involvement in the pot company today, but did not share the size of his investment. Bullrider says…

Canopy Growth eyes U.S. pot market with deal to buy Colorado edibles company Wana Brands
TORONTO – Canopy Growth Corp. is preparing another route into the U.S. cannabis market with a new deal to acquire an edibles company, if Canada's neighbour moves to allow a key pot component. The Smiths Falls, Ont. cannabis company announced…



