Skip to main content

Latest

report on business
Cannabis ‘price war’ could cause ‘significant’ damage to industry, Hexo chief executive says
A flowering cannabis plant is seen during a tour of the Hexo Corp. facility in Masson Angers, Que., Thursday, Oct. 11, 2018. THE CANADIAN PRESS/Adrian Wyld
report on business
Cannabis companies weigh pricing strategies after OCS margin cut
Staff work in a marijuana grow room at Canopy Growth's Tweed facility in Smiths Falls, Ont. on Thursday, Aug. 23, 2018. Canopy Growth Corp. reported a smaller quarterly loss compared with a year ago as its net revenue fell 25 per cent.THE CANADIAN PRESS/Sean Kilpatrick
report on business
Ontario Cannabis Store to reduce price margins in bid to help shops compete with illicit market
Chocolate edibles available for authorized retailers are displayed at the Ontario Cannabis Store in Toronto on January 3, 2020. THE CANADIAN PRESS/Tijana Martin
international business
Twitter becomes first social media platform to allow cannabis ads in U.S.
(FILES) In this file photo taken on October 28, 2022 The Twitter logo is seen on a sign on the exterior of Twitter headquarters in San Francisco, California. - Thousands of Twitter users on February 8, 2023, reported problems using the platform as the Elon Musk-owned social network began letting paying users post tweets as long as 4,000 characters. (Photo by Constanza HEVIA / AFP) (Photo by CONSTANZA HEVIA/AFP via Getty Images)
report on business
Canopy Growth’s boom and bust: A timeline
Staff work in a marijuana grow room that can be viewed by at the new visitors centre at Canopy Growths Tweed facility in Smiths Falls, Ontario on Thursday, Aug. 23, 2018. THE CANADIAN PRESS/Sean Kilpatrick
world
Hong Kong to ban CBD, place it in same category as heroin and fentanyl
FILE - Coffee, biscuits, green tea and chocolate mooncake that contain cannabidiol, or CBD, a substance from the cannabis plant, are displayed at the Found Cafe in Hong Kong on Sept. 13, 2020. Hong Kong will ban cannabidiol or CBD from the beginning of next month, authorities announced Friday, Jan. 27, 2023. (AP Photo/Vincent Yu, File)
inside the market
Market movers: Stocks that saw action on Monday - and why
Clothes are displayed in a Lululemon Athletica retail store in New York, U.S., March 30, 2017.
report on business
Cannabis company Tilray Brands reports second-quarter loss as it temporarily slows production
FILE PHOTO: Cannabis plants grow inside the Tilray factory hothouse in Cantanhede, Portugal April 24, 2019. REUTERS/Rafael Marchante/File Photo
canada
Cannabis-infused figs in Quebec may be delicious, but black market still thriving
A variety of cannabis edibles are displayed at the Ontario Cannabis Store in Toronto on Friday, Jan. 3, 2020. Quebec has some of the toughest cannabis laws on the books in the country and strict rules when it comes to selling edibles that could appeal to youngsters, when it began stocking consumables on the shelves earlier this year, cauliflower bites was an anticipated choice. THE CANADIAN PRESS/ Tijana Martin
world
New York opens its first legal recreational cannabis dispensary
New York City Council Member Carlina Rivera bags her purchase of cannabis gummies at Housing Works, New York's first legal cannabis dispensary, during a press conference to kick-off its opening, Thursday Dec. 29, 2022, in New York. Housing Works, a minority-controlled nonprofit serving people with HIV and AIDS, as well as homeless and formerly incarcerated people, will be the first of 36 recently licensed dispensaries to begin selling cannabis to the general public. (AP Photo/Bebeto Matthews)
opinion
The real reason why there are two marijuana stores on every block
Chad Finkelstein
report on business
Former CannTrust compliance worker says unlicensed growing was ‘very openly’ discussed
Cannabis cuttings are photographed at the CannTrust Niagara Greenhouse Facility during the grand opening event in Fenwick, Ont., on Tuesday, June 26, 2018. THE CANADIAN PRESS/Tijana Martin
advisor stocks
Legal and political uncertainties plague cannabis sector despite signs U.S. is moving closer to legalization
Seth Jacobs holds buds from his legal cannabis farm in Washington County, in upstate New York, Oct. 7, 2022. During this yearÕs harvest, the operators of two New York farms took some time away from their busiest season to discuss the pleasures and challenges of a plant that is not always so easy to grow in their part of the world. (Paul Barbera/The New York Times)
report on business
Canopy Growth CEO says he is hopeful for cannabis reforms after U.S. midterm elections
FILE PHOTO: A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018 .Picture taken January 4, 2018. REUTERS/Chris Wattie/File Photo
report on business
Former CEO of Canadian Cannabis Corp. agrees to six-year ban in OSC settlement
Ben Ward, CEO of Canadian Maricann Group Inc. speaks during the Cannabis Business Europe 2018 congress in Frankfurt, Germany, August 28, 2018. Picture taken August 28, 2018. REUTERS/Ralph Orlowski
british columbia
Canada was poised to be a leader in clinical cannabis trials. Four years in, bureaucratic red tape continues to smother progress
A worker packages cannabis oil at Canopy Growth Corporation's Tweed facility in Smiths Falls, Ont., on Monday, Feb. 12, 2018. THE CANADIAN PRESS/Sean Kilpatrick
report on business
Cannabis producer Canopy Growth looks to grow U.S. business with new holding company structure
FILE PHOTO: A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018. REUTERS/Chris Wattie/File Photo/File Photo
soccer
Canada takes the hard road at FIFA Women’s World Cup
Canada's coach Bev Priestman arrives for the football draw ceremony of the Australia and New Zealand 2023 FIFA Women's World Cup at the Aotea Centre in Auckland on October 22, 2022. (Photo by WILLIAM WEST / AFP) (Photo by WILLIAM WEST/AFP via Getty Images)
soccer
Women’s World Cup draw to set the stage for 32-team soccer tournament next year
Canada's coach Bev Priestman gestures to her players during a friendly soccer international between Canada and Australia in Sydney, Australia, Tuesday, Sept. 6, 2022. After sweeping No. 12 Australia in a two-game series Down Under, the seventh ranked Canadian women's soccer team turns its attention to a pair of friendlies in Spain. THE CANADIAN PRESS/AP/Rick Rycroft
canada
On his deathbed, a pot-dealing pioneer is at peace with his life as ‘General Patton in the War on Drugs’
canada
Uber Eats to process cannabis deliveries in Toronto through new Leafly partnership
Cannabis is shown in a display jar on the first morning of opening for Toronto's "The Hunny Pot," one of the retail stores licensed to sell Cannabis in Ontario, on Monday, April 1, 2019. Toronto cannabis shoppers will soon be able to request cannabis deliveries through Uber Eats. THE CANADIAN PRESS/Chris Young
opinion
Did Joe Biden just put the war on drugs on notice?
Akwasi Owusu-Bempah
report on business
Biden’s signal that U.S. will loosen cannabis policies ‘relatively modest,’ Tilray CEO says
FILE PHOTO: Cannabis plants grow inside the Tilray factory hothouse in Cantanhede, Portugal April 24, 2019. REUTERS/Rafael Marchante/File Photo
report on business
Canadian cannabis stocks surge after Biden pardons offenses, calls for review of law
Marijuana plants for the adult recreational market are seen hanging in a drying room at a farm in Suffolk County, N.Y., Tuesday, Oct. 4, 2022. (AP Photo/Mary Altaffer)
british columbia
Cannabis industry’s downturn slows supply of drug for scientists
A woman holds a hemp plant used for research on Friday, June 25, 2021, in Long Pond, Pa. THE CANADIAN PRESS/AP/Matt Slocum
british columbia
Federal review of cannabis legalization needs to improve upon medical marijuana market, say proponents
Staff member Ivy Wilson, left, holds the door for a member at the BC Compassion Club Society in Vancouver, British Columbia, Monday, March 2, 2020. Rafal Gerszak/The Globe and Mail
opinion
Legalized sports betting was a good idea. But can we tone down the ads?
The Editorial Board
rob magazine
Keep calm and grow on: How Pure Sunfarms is bucking the cannabis rout
Pure Sunfarms CEO Mandesh Dosanjh in one of their greenhouses in Delta, B.C., on July 29, 2022.
report on business
Health Canada launches long-awaited review of Cannabis Act
Cannabis plants grow in a production facility in Simcoe, Ont. Tuesday, April 13, 2021.Canada’s cannabis industry is hoping a long awaited review of the legislation that permitted the use and sale of pot will help the sector stave off more financial difficulties. THE CANADIAN PRESS/Tara Walton
report on business
B.C. strike, cyberattack impacting OCS could cause $3-million revenue hit for Aurora Cannabis
Aurora Cannabis Inc. has signed a deal to buy a controlling interest in Bevo Agtech Inc., a supplier of vegetable seedlings and flowers. Cannabis seedlings at the Aurora Cannabis facility Friday, November 24, 2017 in Montreal. THE CANADIAN PRESS/Ryan Remiorz
report on business
Could Germany’s impending cannabis legalization prop up Canada’s flagging producers?
BERLIN, GERMANY - AUGUST 13: Activists demonstrating for the legalisation of marijuana march in the annual Hemp Parade (Hanfparade) on August 13, 2022 in Berlin, Germany. So far owning, cultivating and selling cannabis in Germany is still illegal, though the current coalition government campaigned on cannabis legalisation and is scheduled to begin debating corresponding legislation in coming months. (Photo by Carsten Koall/Getty Images)
inside the market
The former Valeant exits Canada’s big-stock index; energy stock added
The electronic ticker display outside the Toronto Stock Exchange Tower in Toronto, is photographed after the market closed on Monday, Jan., 24, 2022. (Christopher Katsarov/The Globe and Mail)
world
Two dead in Northern California wildfire, sheriff says
Properties destroyed by the Mill Fire are seen in Weed, Calif., Saturday, Sept. 3, 2022. (Stephen Lam/San Francisco Chronicle via AP)
world
California wildfire destroys 100 homes, other buildings
The sun rises over Mt. Shasta and homes destroyed by the Mill Fire on Saturday, Sept. 3, 2022, in Weed, Calif. (AP Photo/Noah Berger)
world
Injuries, destruction reported in Northern California blaze
In this image from a Cal Fire monitoring camera from Hammond Ranch, the Mill Fire burns near Weed, Calif., Friday Sept. 2, 2022. (Cal Fire/ALERTWildfire Network via AP)