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Although Canada’s cannabis sector has been trending lower, retail sales are trending higher and we find this to be significant. Earlier this month, Statistics Canada reported a record C$425.9 million of cannabis retail sales in December. This represents a double-digit percentage increase on a month-over-month basis and sales numbers beat estimates…

TORONTO, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company today announced further portfolio expansion of their best-selling Canadian cannabis brand Good Supply1, with the launch of their latest innovation of ‘MONSTERS’ infused…

NEW YORK and LEAMINGTON, Ontario, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (“Tilray Brands” or the “Company”) (NASDAQ | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced that the Company has entered into an agreement for the issuance of 120,000 shares of Series…

TORONTO, Feb. 22, 2023 /CNW/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, will report its financial results for…

Although sales of recreational cannabis in Canada have been increasing, business conditions for licensed retailers have not improved. Due to the challenging nature of the Canadian cannabis retail market, several retailers have merged or been acquired by other operators. We believe a primary reason for the uptick in merger and…

EDMONTON, AB, Feb. 22, 2023 /PRNewswire/ - Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company opening the world to cannabis, and MedReleaf Australia today announced the launch of CraftPlant, a new medical cannabis brand for patients in the Australian market. MedReleaf Australia Logo (CNW Group/Aurora Cannabis Inc.) CraftPlant…

KINGSVILLE, Ontario – February 16, 2023 – Greenway Greenhouse Cannabis Corporation (CSE:GWAY, OTC:GWAYF) (“Greenway” or the “Company”), a cultivator of high-quality greenhouse cannabis for the Canadian market, is pleased to announce that it has received its approval from Health Canada for its expansion to 4 acres of cultivation space. “This…

VANCOUVER, British Columbia, Feb. 17, 2023 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufacturing of rare cannabinoids and cannabinoid analogs, today announced financial results for the second quarter of fiscal year 2023 which ended December 31, 2022.…

NORWOOD, Mass., Feb. 21, 2023 (GLOBE NEWSWIRE) -- MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its intention to acquire the operating assets of Ermont, Inc. (“Ermont”), a medical licensed vertical cannabis operator, located in…

SMITHS FALLS, ON, Feb. 21, 2023 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today that it has entered into an agreement (the "Agreement") with an institutional investor (the "Institutional Investor") for the purchase and sale of up to US$150,000,000 aggregate principal amount…