The Canadian Press
The Canadian Press is Canada's trusted news source and leader in providing real-time, bilingual multimedia stories across print, broadcast and digital platforms.
329 posts
Posts by The Canadian Press
Cannabis companies facing 'crossroads' selling off stores, farms and warehouses
TORONTO — Cannabis companies are listing cultivation facilities, pot shops and warehouses for sale as the industry tries to streamline production and ...
Cannabis company Tilray buys Breckenridge Distillery in move to grow U.S. business
Cannabis company Tilray Inc. says it has signed a deal to buy Breckenridge Distillery, a Colorado−based producer of whiskey and other spirits....
Organigram's new CEO opens up about company's future, U.S. pot legalization
For much of the COVID-19 pandemic, the leaders of Canada's biggest cannabis companies have spouted lofty ambitions linked to a U.S. pot market they st...
Aurora Cannabis buying stake in Dutch company Growery, to provide secured loan
EDMONTON — Aurora Cannabis Inc. says it has signed a deal to invest in a significant equity stake in Growery B.V., a Netherlands−based company...
Alberta introduces bill to exit online cannabis sales, leave it to retailers
Alberta is moving to get out of the online cannabis business and allow licensed retailers sell it on the internet instead....
Cannabis company Hexo names Scott Cooper as new CEO, effective immediately
Hexo Corp. has named Scott Cooper as the cannabis company’s new president and chief executive, effective immediately....
Hexo CEO Sebastien St-Louis leaves company amid strategic reorganization
OTTAWA — Hexo Corp. says Sebastien St−Louis, the cannabis company’s co−founder and chief executive, is leaving the company, effective immediately....
Canopy Growth signs deal for U.S. edibles company Wana Brands
Canopy Growth Corp. says it has signed a deal to secure the right to buy U.S. cannabis edibles company Wana Brands if the United States moves to allow...
Tilray's Q1 earnings would have been higher, if Aphria processes used: Tilray CEO
Tilray Inc. said it is on track to save at least US$80 million from its merger with Aphria Inc....