Cannabis

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Organigram sees third-quarter fortunes improve, posts $4-million loss

The cannabis producer says the loss amounted to 1.4 cents per diluted share for the quarter ended May 31 compared with a loss of 51.2 cents per diluted share a year earlier

Rapid growth of Ontario cannabis stores will likely result in some closings, OCS chief says

The interim president and chief executive of Ontario’s marijuana distributor says competition will increase because 1,000 new cannabis stores are expected to open by September

Australian cannabis company Little Green Pharma buys Canopy Growth facility in Denmark Subscriber content

Little Green Pharma says it paid $20-million for the facility, which is located in Northern Odense and has the capacity to produce in excess of 12 tonnes of flower a year

Canadian producers hoping U.S. eases cannabis prohibitions nervously eyeing political calendar Subscriber content

While Democrats currently hold all the political cards on Capitol Hill, their control of Congress remains precarious

Cannabis company Hexo reports $20.7-million quarterly loss, revenue edges higher

Hexo says the loss amounted to 17 cents per diluted share for the quarter ended April 30 compared with a loss of 26 cents per diluted share a year earlier