Marijuana Business News

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Tue
10
May

Mendo inks exclusive agreement with NOYA to supply patients with cookies and other leading brands

cookies

Medicibis ("Mendo"), a Canadian licensed producer and owner of Mendo Cannabis, an online portal for medical patients that ships nationwide, announced today it has reached an agreement with NOYA Cannabis Inc. ("NOYA"), to be their exclusive medical distributor in Canada. 

Tue
10
May

Final Bell partners with SHERBINSKIS to bring one of the world's most revered cannabis brands to Canada

cannabis

Industry Leading Cannabis Companies Enter Agreement Combining Expertise, Ambitions, and End-to-End Supply Chain Scalability to Expand into New Markets

Final Bell, a provider of end-to-end supply chain solutions for leading cannabis brands, and SHERBINSKIS, the cult favorite California-based cannabis company, have partnered to bring SHERBINSKIS products to new geographies, beginning with Canada. The first highly anticipated product launch, Orange Sherbs Live Resin All-in-One Vape, quickly sold out upon release in Ontario.

Mon
09
May

B.C. First Nation rolling out province's first farm-to-table pot shop

man

Williams Lake First Nation's new cannabis operation includes both growing and selling

You may have heard of farm-to-table dining, but what about farm-to-table doobies?

At the new Sugar Cane Cannabis facility — owned and operated by the Williams Lake First Nation (WLFN) — British Columbian bud buyers can soon purchase pot right where it is grown. The 650-square metre building opens Friday and will soon be the province's first "farm-to-gate" cannabis retail spot, meaning every step, from seed to sale, will happen on site.

Fri
06
May

Aurora Cannabis advances premiumization strategy by completing acquisition of Thrive Cannabis

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Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced it has completed its previously announced acquisition of TerraFarma Inc. (parent company of Thrive Cannabis) ("Thrive") (the "Transaction") for aggregate initial consideration of $38 million paid in cash and Aurora common shares ("Aurora Shares"), and up to $30 million in potential earnout amounts, payable in cash, Aurora Shares or a combination of both (at the election of Aurora), subject to Thrive achieving certain revenue targets within two years of closing of the Transaction.

Wed
04
May

Canadian cannabis company CannTrust becomes Phoena

hand holding cannabis

The name change occurs after the Ontario-based company exited court-supervised proceedings last month

CannTrust Equity Inc. this week announced its new corporate name, Phoena Holdings Inc. The new name represents a nod to the word phenotype, “which describes the traits taken from a plant’s genetic code that we use to merge nature, purpose and science to produce the best cannabis products on the market,” notes a statement from Phoena, which is 90 per cent owned by a group of investors and 10 per cent owned by CannTrust Holdings Inc.

Marijuana Business Daily reports that the name change comes as the Ontario-based company exited court-supervised proceedings last month after a key subsidiary completed a financing deal.

Wed
04
May

A small town, farm kid approach: Rogue Botanical innovates in crowded cannabis market

cannabis plant

John Fayed and Matt Tkachyk are farmers at heart. They are small town boys with a passion for agriculture and cannabis.

The pair are co-founders of Rogue Botanical, a licensed producer of cannabis-based products based out of Niverville.

Fayed grew up near a tiny town in Manitoba and his family owned a seed plant.

“My dad grew a lot of specialty crops and he’d try out plants that you can’t spray [with pesticides] because you don’t know what would or wouldn’t harm the plants,” Fayed says.

“If you can’t spray, you just have to let everything grow. And to get rid of what you didn’t want in the plot or fields, you would have to walk up and down the field and pull out the weeds. That’s called ‘roguing.’ So our name goes back to our farming roots.”

Wed
04
May

This is what you need to know about the upcoming Canadian cannabis earnings season

Canadian money

Earnings season has started to kick into high gear after the world’s largest technology companies reported quarterly financial results and the trend so far has not been pretty. 

Tue
03
May

Pure Sunfarms and NOYA bring Cookies sun-grown cannabis flower to Ontario

cannabis plant

Pure Sunfarms Corp. a wholly-owned subsidiary of Village Farms International, Inc. and NOYA Cannabis Inc. announced that Cookies sun-grown flower will be available in Ontario this month. Pure Sunfarms is the licensed producer of record for Cookies sun-grown flower in Canada.

Using Cookies genetics and post-production processes, Pure Sunfarms grows and processes, whole flower for Cookies to the highest standards. Each batch is hang-dried and hand-trimmed to ensure the full potential of the flower is maintained.

“It’s an honour to be the sun-grown partner for one of the biggest cannabis brands in the world,” stated Mandesh Dosanjh, president & CEO of Pure Sunfarms.

Mon
02
May

Greenway Greenhouse: Warrants begin trading

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 Greenway Greenhouse Cannabis Corporation (CSE: GWAY) ("Greenway Greenhouse" or the "Company") is pleased to announce that  Warrants arising from a private placement that was announced on November 23rd, 2021 (the "Offering") begin trading today on the Canadian Securities Exchange ("CSE") under the name "GWAY.WT"

Mon
02
May

Nova Scotia's cannabis biz has had highs and lows since legalization

Peggy's Cove

Producers say they've been plagued by changing regulations, slow Health Canada approvals

It's been a wild ride for some cannabis companies in Nova Scotia since the legalization of cannabis in Canada in 2018.

While some have expanded their business, other facilities have closed.

"In many ways things have exceeded our expectations, but there were also things we weren't expecting with the industry," said Aqualitas CEO Myrna Gillis.

Aqualitas built its facility on Nova Scotia's South Shore at the old Bowater-Mersey pulp plant in Brooklyn, Queens County.

Gillis said business is going well, but fluctuating prices and supply issues have cannabis companies rolling with the punches.

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