News - Business (89 items)
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| Jun 13, 2025 |
Tilray Brands' Stockholders Approve Reverse Stock Split; Company Pauses Implementation as It Evaluates Timing and Stock Price Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a global lifestyle and consumer packaged goods company at the forefront of the beverage, cannabis and wellness industries, today announced that the vote for an amendment of the Company’s Fifth Amended and Restated Certificate of Incorporation, in order to implement a reverse stock split of the Company’s common stock at a ratio ranging from 1-to-10 to 1-to-20 (the “Reverse Stock Split”), passed at the special meeting of stockholders. The Company also announced a pause on the implementation of the newly-authorized reverse stock split while further exploring all options related to timing of the reverse split as it evaluates timing and stock price. |
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| Jun 13, 2025 |
Newsom administration moves to permanently ban hemp THC in California California wants to permanently ban hemp THC from the state, making it illegal to sell hemp drinks and potentially costing the state more than 18,000 jobs and billions of dollars in lost revenue. |
| Jun 12, 2025 |
How the cannabis industry benefits small-town Canada As Canada grapples with US tariffs and widespread layoffs, cannabis is emerging as an industry that could help smaller communities weather the storm. |
| Jun 10, 2025 |
What Canada’s Legal Cannabis Market Can Teach U.S. Producers and Policy Makers Close to seven years after cannabis was legalized for recreational use in Canada, many lessons of what went right and wrong north of the border offers a range of lessons for American cannabis producers and policy makers. |
| Jun 10, 2025 |
Infused pre-rolls ignite California’s marijuana market
Infused pre-rolls are rapidly gaining popularity and reshaping sales trends in the California marijuana market. From Dec. 1, 2024, to Feb. 28, 2025, the California marijuana market generated $1.1 billion in total sales, experiencing a decline of 0.5%, according to a report from pre-roll machine manufacturer RollPros using data from Colorado-based cannabis market research firm BDSA. |
| Jun 3, 2025 |
Manitoba passes bill to ban new convenience store cannabis sales licences In April, the Manitoba government said it was placing a temporary freeze on any new “controlled access” retail cannabis licences for at least six months while the new provincial government looked into the issue more. These licences for retail cannabis stores allow for cannabis to be sold in convenience stores and gas stations that carry other non-cannabis products. |
| Jun 2, 2025 |
Canada’s cannabis sector contributes $9.1 billion to GDP in first three months of 2025 The most recent, seasonally adjusted figures from Statistics Canada show that the cannabis industry’s contribution to Canada’s GDP was $9.104 billion in the first three months of 2025. This is an increase from $8.3 billion in 2024. |
| Jun 2, 2025 |
SNDL asks for cannabis production to be removed from Olds property zoning On June 9 at 1 p.m., the Town of Olds' council will hold a public hearing on a proposal to rezone two parcels of land in the southeast industrial park owned by SNDL Inc., formerly known as Sundial Growers Inc. |
| Jun 1, 2025 |
Cannabis stores growth in Canada <img src="http://cannabislink.ca/pics/cannabis_stores_chart.png"> Credit: https://www.wealthsimple.com/ |
| May 27, 2025 |
Entourage Health Launches Medical Cannabis Coverage with International Brotherhood of Electrical Workers Entourage Health Corp. ("Entourage" or the "Company"), a Canadian producer and distributor of award-winning cannabis products, is pleased to announce its medical subsidiary Starseed Medicinal ("Starseed") has added the International Brotherhood of Electrical Workers Local 353 ("IBEW 353") to its full-service medical cannabis program. |
| May 22, 2025 |
Opportunities abound in Canadian cannabis, but many budtenders feel left behind According to a new survey from a recruitment agency, budtenders in Canada want better pay, better hours, and a more straightforward path to advance in the industry. |
| May 21, 2025 |
Craft brewers seeking to cash in on hemp-derived THC beverage market As more consumers shift away from alcohol, craft brewers seeking new avenues for growth are venturing into producing hemp-derived THC beverages. For many craft brewers, the move into THC-infused drinks is a logical extension of their expertise. |
| May 21, 2025 |
Punitive taxes are killing the legal cannabis industry Illicit producers still control between one quarter and a half of the market, partly because a punitive excise tax regime raises costs for legal producers |
| May 20, 2025 |
New report calls for cannabis excise reform A new report from Deloitte and the Cannabis Council of Canada (C3) is calling on the federal and provincial governments to make changes to the federal cannabis excise rate in Canada and to lower other regulatory fees. |
| May 19, 2025 |
German Cannabis Market Establishes Foundation for Global Industry Expansion (Op-Ed) There is arguably no cannabis market in the world that is experiencing a more compelling growth trajectory than the market in Germany, the largest economy in Europe. The rapid expansion of Germany’s cannabis market, which began in earnest with the adoption of the German Cannabis Act (CanG) in April 2024, shows no signs of slowing today. |
| May 19, 2025 |
Weed In A Can: How Cannabis Drinks Are Changing The Ritual Of Drinking On a shelf between craft beer and kombucha, something else is showing up in more fridges, bar tabs and DoorDash carts: cannabis. Not flower, not gummies: drinks. Fizzy, fruit-forward, sometimes microdosed, sometimes not. Once confined to dispensaries and health stores, THC beverages are moving into everyday life, and fast. |
| May 16, 2025 |
Ford government to overhaul how cannabis stores look in Ontario The Ford government is set to loosen strict rules that force cannabis stores to cover their windows, offering a long-called-for change that the industry hopes will lead to better safety for its staff. |
| May 15, 2025 |
Ontario pushes local cannabis, booze in budget as LCBO revenues slide To flag Ontario cannabis products amid a trade war with the United States, Premier Doug Ford’s government has developed an “Ontario Grown” label to slap on products with at least 75 per cent provincial content. |
| May 14, 2025 |
Stronger Than Ever? Cannabis Companies Quietly Build Back Better Fundamentals We’re a long way from the cannabis stock boom of 2018, when Canada’s legalization of the drug sent pot stocks soaring. Today, while many of those companies remain, they’re valued at just a fraction of their former highs. However, in many cases, these companies are now fundamentally stronger, prompting savvy investors to reconsider whether the sector deserves a fresh look after several challenging years. |
| May 12, 2025 |
Organigram enters cannabis beverage market [VIDEO] Beena Goldenberg, CEO or Organigram Global, discusses earnings results recent acquisition of Collective Project, to enter the cannabis beverage market. |