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Although the Canadian cannabis industry has been under pressure and has not grown as fast as many analysts forecasted, the sector has contributed $43.5 billion to Canada's national gross domestic product (GDP) since recreational cannabis was legalized in 2018 (according to a Deloitte Canada).  According to the report, Canada’s recreational…

CannTrust Holdings Inc. ("CannTrust" or the "Company") (unlisted) today announced that it has secured new investment partners, led by Marshall Fields International B.V. ("Marshall Fields"), a subsidiary of Kenzoll B.V., a Netherlands-based private equity investment company. "We are delighted to have found great partners who share our vision for the future…

Planet 13 Holdings Inc. ("Planet 13" or the "Company") (CSE:PLTH) (OTCQX:PLNHF) and Next Green Wave Holdings Inc. ("Next Green Wave" or "NGW") (CSE:NGW) (OTCQX:NXGWF) are pleased to announce that the previously announced acquisition of Next Green Wave by Planet 13 pursuant to a plan of arrangement (the "Arrangement") was overwhelmingly…

Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial" or the "Company") today announced that by mutual agreement with Alcanna Inc. ("Alcanna"), they are extending the outside date for closing the transaction (the "Arrangement") contemplated under the arrangement agreement between Sundial and Alcanna dated October 7, 2021, and amended on January 6, 2022 (the "Arrangement Agreement"),…

This week, MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) reported a major milestone and we believe the escalating tensions between Russia and Ukraine impacted how the market responded to the development.  During the last two years, MediPharm has been in the middle of a major transformation and became…

 Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF), a leading producer of handcrafted, high quality cannabis products, is pleased to announce its financial results for the Fourth Quarter and Fiscal 2021 ended November 30, 2021. "2021 was a transformative year for Avant as we graduated on to the TSX, entered new international markets, licensed…

Organigram Holdings Inc. (“Organigram” or the “Corporation”) (TSX: OGI) (NASDAQ: OGI) announced today the results of voting at its annual meeting of shareholders held on February 23, 2022 (the “Meeting”). Each of the eight nominees listed in the Corporation’s management information circular dated January 18, 2022 (the “Circular”) provided in…

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) (“Chalice” or the “Company”), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, today pre-announces its financial and operating results for the fourth quarter 2021. All amounts stated are in US Dollars unless otherwise noted. Chalice Brands Ltd. Pre-announces…

It is no secret that the cannabis sector has been under considerable pressure for several months.  Is it frustrating, yes.  Is it concerning, no. During the last decade, the legal cannabis industry has evolved into a burgeoning global market that generated more than $37 billion of sales in 2021 (according…

California cannabis leader Lowell Farms Inc. (CSE:LOWL; OTCQX:LOWLF) achieved an historic milestone in the fourth quarter of 2021, and now enters the year as the largest seller of packaged flower in the state as measured by unit volume. The fourth quarter results show Lowell Farms is No. 1 statewide, driven by sales…