StratCann · Page 49

Paradise Valley Botanics draws on decades of experience
Aug 16, 2024, 7:20 am By David Brown
Adam Mint of Paradise Valley Botanics wants to see the cannabis growers of the Kootenays to…

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Auxly reports profitable quarter as it consolidated operations, products
Aug 15, 2024, 5:34 pm By Sarah Clark
Auxly reported $43.4 million in net revenues from cannabis sales in the three months ended June 30,…

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Lower demand, overall economy blamed for second quarter of Rubicon losses
Aug 15, 2024, 4:24 pm By Sarah Clark
Rubicon Organics Inc. reported $12.1 million in net revenue in the three months ended June 30,…

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Simply Solventless reports another profitable quarter
Aug 15, 2024, 2:53 pm By Sarah Clark
Simply Solventless Concentrates reported net revenue of $1.2 million from net revenue of $2.9…

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US governor blames legalization efforts in Florida on Canada
Aug 15, 2024, 11:39 am By David Brown
Florida Governor and failed US Presidential candidate Ron DeSantis recently lashed out at US…

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Cannabis, vapes seized from Fredericton store
Aug 15, 2024, 10:52 am By Morton Robertson
Several cannabis products were seized from NB's York County Vape & Smoke Shop, and a 46-year-old…

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$600,000 in grants to help develop minor cannabinoids in Canada’s hemp crops
Aug 15, 2024, 10:01 am By Staff
Cannabis Orchards Inc., has received more than half a million dollars in funding from the…

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Decibel Cannabis Company posts positive net income, decline in international sales
Aug 15, 2024, 1:32 am By Sarah Clark
In the three months ended June 30, 2024, Decibel Cannabis reported $22.1 million in net revenue and…

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Increased gross profits, decreased losses in MediPharm’s Q2 2024 report
Aug 15, 2024, 1:20 am By Sarah Clark
MediPharm Labs posted a gross profit of $3.4 million in the three months ended June 30, 2024, but a…

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Behind the recent “intoxicating cannabinoid” product recall
Aug 14, 2024, 10:02 pm By David Brown
The company behind a recent recall of cannabis oils due to the “presumed presence” of HHC says they…

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SNDL acquires the rest of Nova Cannabis
Aug 13, 2024, 6:36 pm By Sarah Clark
SNDL Inc. announced on August 13 that it will acquire all of Nova Cannabis's issued and outstanding…

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Organigram reports first net income in several quarters
Aug 13, 2024, 3:43 pm By Sarah Clark
New Brunswick’s Organigram reported net revenue of $41.1 million for the third quarter of 2024 and…

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Freedom Cannabis receives creditor protection to pursue restructuring and sales process
Aug 13, 2024, 3:09 pm By Sarah Clark
Freedom Cannabis Inc. announced that it and its subsidiaries sought and received an order for…

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Galaxie Brands receives CCAA protection
10:11pm By Sarah Clark
The parent company of Galaxie Brands was issued an order pursuant to the Companies' Creditors…

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Ontario needs coordinated approach to deal with growing number of unlicensed cannabis stores
9:16pm By David Brown
Cannabis retailers in Toronto want to know what the city is going to do about a growing number of…

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Week in Weed – August 10, 2024
Aug 10, 2024, 7:20 am By Staff
StratCann’s weekly round-up of cannabis industry news for the week ending August 10, 2024. The post…

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Expanded recall notice for products with unlabelled cannabinoid
Aug 9, 2024, 5:58 pm By Staff
Health Canada has issued a notice of an expanded recall it first issued in June for cannabis…

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Health Canada seeking feedback on new proposed approach for pesticide use for cannabis and hemp
Aug 9, 2024, 3:41 pm By Sarah Clark
Health Canada is seeking feedback on the Pest Management Regulatory Agency’s (PMRA) new proposed…

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Canopy reports increase gross profits and loss in Q1 2025
Aug 9, 2024, 11:44 am By Sarah Clark
Canopy Growth Corporation reported $23 million in gross profit in Q1 2025, a 67% increase from Q1…

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Cannabis sales rebound in April/May following post-holiday declines
Aug 9, 2024, 4:23 am By David Brown
Retail cannabis sales continued to rebound in May following declines from a peak last summer. The…

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