Canada Cannabis News

Cronos Group Inc. announced this week it will end its hemp-based CBD operations in the U.S. by the end of Q2 2023, aiming to improve company flash flow “in the near term” and position for entering the U.S. national THC market after the necessary reforms have taken place.

Canada-based INCA Renewable Technologies, which manufactures natural fiber composites, has secured $40 million in funding toward new hemp-related projects.

The Canadian Supreme Court last week ruled that Quebec’s ban on cannabis home grows is constitutional despite federal law, which lets individuals grow up to four plants at home for personal use.

Canadian cannabis company Adastra Holdings Ltd. said it received Health Canada approval to add psilocybin, psilocin, and cocaine to its substance dealer’s license.

Canadian cannabis firm Canopy Growth this week announced the closure of its Hershey Drive facility and layoffs for 60% of its staff as the company transitions to an “asset-light model.”

According to statistics from car insurance companies, cannabis law reforms have made no statistically significant impact on the rate of vehicular accidents in Canada and the U.S.

Canadian prosecutors have moved to withdraw all charges against three former executives for CannTrust, the beleaguered cannabis giant that was sunk by accusations of unlicensed cannabis cultivation.

Canada has appointed a panel of experts including doctors, academics, and lawyers to conduct its first-ever statutory review of the country’s cannabis legalization law.

British Columbia, Canada has launched a Producer Retail Store license that will allow adult-use standard producers, micro-producers, and nurseries to conduct on-site retail sales.

Longtime cannabis advocate, author, entrepreneur, and investor Steve DeAngelo published an op-ed this week that decries the cannabis industry’s drive for “scale” and calls for the widespread return of small, artisan operators.

Canopy Growth Corporation announced it will divest itself of its Canadian retail cannabis operations as it takes steps to continued growth as a consumer packaged goods company. 

In less than a decade, the cannabis industry has gone from seeing a worldwide blanket prohibition of the plant to today, where new and exciting cannabis opportunities can be found across the globe.

Canada will conduct a legislative review of its landmark cannabis legalization law, its first such review since cannabis became legal for adults nationwide in October 2018.

Elias Theodorou, a mixed martial arts fighter and the first professional athlete to be granted a therapeutic use exemption for medical cannabis, died of liver cancer.

The union worker’s strike over wages in British Columbia has resulted in about 500 job losses and the closure of 50 cannabis retail locations.

Mike Tyson’s cannabis brand, Tyson 2.0, has formed an exclusive partnership with cannabis company Hexo Corp. to bring its products to Canada.

Ontario-based Truss Limited has issued a recall for three lots of its XMG Cola — over 37,000 units — due to concerns that tiny “pinhole leaks” could form in the cans, leading to possible leakage and loss of carbonation.

Cannabis operators in British Columbia, Canada are bracing for supply disruptions this week after the BC General Employees’ Union went on strike over wage disputes.

Tilray CEO Irwin Simon said the growing U.S. cannabis industry will represent a $100 billion opportunity by the time widespread legalization is achieved.

The Canadian government spent $153 million in fiscal year 2021-2022 to reimburse medical cannabis purchases by more than 18,000 veterans.

Some workers at province-run cannabis stores in Quebec have entered an indefinite strike over low pay. The workers are with the Syndicat Canadien de la Fonction Publique, which is affiliated with the largest trade union in the province.

Canada-based Aurora Cannabis Inc. announced it will be laying off 12% of its workforce in order to realign its organization with the future of the cannabis industry.