A routine raffle at a hockey game hosted by Dawson’s Creek Minor Hockey (DCMH) in B.C., Canada was disappointingly fruitful for one eight-year-old when he found out his supposed grand-prize basket full of chocolates was in fact $200 worth of cannabis products. His grandfather understandably questioned the existence of cannabis at a kids’ hockey game. […]
The Company announces the closure of two Canadian greenhouses, representing a significant step forward in aligning the Company’s cultivation capacity with projected demand. Company expects to record estimated pre-tax charges of approximately $700-800MM in Q4 Fiscal 2020, as the Company completes its organizational & strategic review. SMITHS FALLS, ON, March 4, 2020 /CNW/ – Canopy […]
This launch demonstrates The Valens Company’s ability to execute and be first to market in Ontario for cannabis-infused beverages, proving its commitment to delivering trusted Cannabis 2.0 products to its partners and the Canadian market. Under a white label agreement with A1 Cannabis Company (a subsidiary of Iconic Brewing), The Valens Company to provide high-quality […]
Canopy is expected to take $700-800 million write down for Q4 2020. Canopy Growth Corp. is orchestrating a massive overhaul involving a layoff of 500 workers, a multimillion-dollar writedown, the closure of two greenhouses and the cancellation of plans to operate a third. The Smiths Falls, Ont., cannabis company revealed the moves, labeled an optimization plan, Wednesday […]
Cannabis is a plant, and it’s meant to be shared. But, when a serious virus is spreading globally, the situation changes. In order to help wipe out the threat to everybody, it becomes each individual’s responsibility to take precautions. By protecting ourselves, we protect one another, and this is especially critical for the cannabis community. […]
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With over 92,000 confirmed coronavirus cases worldwide, events, tourist destinations, and public gatherings across the globe have begun shutting down and announcing their temporary closure. Hit with over 200 confirmed cases, France announced that any public gathering of more than 5000 people would be cancelled, including their winter half marathon in Paris that draws 40,000-plus. […]
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TORONTO — Bruce Linton is used to people raising an eyebrow at his business decisions. The tycoon, after all, jumped into the world of cannabis long before most when he co-founded Canopy Growth Corp., grew it into one of Canada’s largest cannabis firms and then shepherded it through the legalization of the product. After being ousted from Canopy in […]
TORONTO, March 3, 2020 /CNW/ – Cannabis And Fine Edibles (CAFE), Ontario‘s largest independent cannabis retailer, today announced that it has become a member of the Canadian Cannabis Retailers Union (CCRU; www.ccru.ca), the country’s preeminent cannabis retail industry association. As a member of the CCRU, CAFE commits to upholding the highest standards of responsible cannabis sales […]
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Tilray Inc. has revealed the company hit a rough patch in its latest quarter, just weeks after announcing it was laying off 10 per cent of its staff to help better achieve profitability. The Nanaimo-based cannabis company said Monday that its revenues had dropped and its net loss increased in its fourth quarter, which ended […]
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I knew something was seriously wrong the second I hit the pavement. I couldn’t properly move my right arm and there was this grinding sensation that I’ll never forget. Pain pulsated like bolts of lightning as damaged nerves screamed in outrage. For the first time in my life, I had broken a bone. I tripped […]
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