Canada

SLANG Worldwide is set to acquire Vermont medical cannabis company HI-FI in a $25 million deal.

Cronos Group Inc. announced on Monday it had reached a deal with Pharmacann that would allow a subsidiary to acquire a potential 10.5% ownership stake in the cannabis operator.

The provincial government in British Columbia, Canada is urging cannabis consumers to purchase legal cannabis after tests of unregulated products returned concerning results.

The partnership between the rapper Drake and Canopy Growth, first announced in 2019, officially ended this week.

Canadian cannabis company Flora Growth Corp., which cultivates medical cannabis in Colombia, started trading yesterday on the Nasdaq market.

Dr. Markus Roggen is the founder of Complex Biotech Discovery Ventures, a private research center for cannabis science and collaborator for academic research.

Skittles-maker Mars Wrigley has filed lawsuits against cannabis companies in Illinois, California, and Canada for trademark infringement.

Canadian cannabis companies Tilray and Aphria have finished their merger to become the world’s largest cannabis company based on pro forma revenue.

Canopy Growth has agreed to a distribution deal with alcohol distributor Southern Glazer’s Wine & Spirits for its line of CBD-infused beverages.

The owner of a Quebec headshop is suing the provincial government over its ban on selling cannabis-themed products; the ban was established after federal legalization and blocks the sale of any cannabis-related merchandise including T-shirts and even books.

Ryan Douglas is a Colombia-based cannabis consultant, a former master grower for Tweed, and author of From Seed to Success: How to Launch a Great Cannabis Cultivation Business in Record Time.

Starting yesterday, the Canada Border Services Agency will issue monetary fines to travelers who fail to properly declare cannabis products when crossing the border.

The average rate of medical cannabis use among seniors in Canada grew from 17.6% in 2017 to 31.2% in 2019.

The Canadian cannabis producer Canopy Growth is laying off 75 employees and announced it will close its Denmark-based operations.

British American Tobacco, one of the world’s largest tobacco companies, will buy a 20% stake in Canada’s Organigram for about $175.81 million.

A recent BDSA report found that global cannabis sales reached nearly $21.3 billion last year.

Chicago-based Verano Holdings Corp. is now trading on the Canadian Securities Exchange following its reverse takeover of Majesta Minerals Inc. on Wednesday.

Legal adult-use cannabis sales in Canada finally outpaced the unregulated market during the third quarter of 2020, over two years since the country passed legalization.

Springbig, a Florida-based cannabis loyalty marketing company, has acquired Canada’s BudTender, giving the company full access to cannabis retailers across the Great White North.

Several CEOs of Canadian cannabis companies made the list of Canada’s top 100 highest-paid executives in 2019 across all industries.

Aurora Cannabis has announced it will cut production at its Aurora Sky facility to just 25 percent of its previous capacity. The move will also lay off 214 workers.

Ontario’s auditor general said the unregulated cannabis market is still thriving because the legally available products are of lower quality.

CannTrust, the embattled Canadian cannabis producer whose license was suspended amid multiple compliance violations last year, is launching two new brands after an 18-month remediation process.

Canadian cannabis activists and law enforcement agencies both say that product from personal medical cannabis grows is being diverted into the unregulated market.