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Tilray to shut down operations in Nanaimo as it focuses on cultivation in British Columbia

The cannabis company is restructuring its operations to better serve the industry Sometimes it is necessary to close some projects to give a higher priority to others, and that is exactly what Tilray is doing right now. The world’s leading marijuana producer said it plans to close its Nanaimo operations to concentrate cultivation in British […]

Canopy Growth introduces new CBD vape, whisl

The cannabis company is expanding its consumer options with an innovative product The popularity of vaporizers in the cannabis industry continues to rise steadily, and Canopy Growth Corporation is well aware of this. The world’s leading diversified cannabis company, now with a major focus on vaporization, yesterday announced the launch of whisl, the company’s first […]

RIV Capital announces receipt of $6.5 million following completion of creditors arrangement

The previously announced agreement with PharmHouse is wrapping up The week began with an announcement shared by RIV Capital Inc, an operating and branding platform aimed at acquiring, investing in, and developing US cannabis companies, that it has obtained a cash distribution of about $6.5 million. In addition, the termination of PharmHouse Inc. under the […]

Tilray stockholders sign off on the issuance of additional shares

The share sale will give the cannabis company more funds for expansion efforts Tilray, the global leader in cannabis lifestyle and consumer products, announced late last week that during a special meeting, shareholders owning more than a majority of its issued and outstanding common stock approved an increase in the number of authorized shares of […]

Canopy Growth subsidiary STORZ & BICKELL introduces new cannabis line

Canopy Growth’s global footprint continues to grow stronger with new products A subsidiary of the world’s leading diversified cannabis company Canopy Growth Corporation, STORZ & BICKEL, announced yesterday the release of three new updates to the world of vaporizers. The limited-edition VOLCANO ONYX, the enhanced CRAFTY+ and the first-ever MIGHTY+ will now become part of […]

Aurora Cannabis CEO discusses the timeline for full US marijuana legalization

Aurora CEO Miguel Martin is optimistic that reform is coming soon For a long time, major leaders in the marijuana industry have wanted to express what their current thinking is on reform at the federal level in the US. While some remain pessimistic on the issue, others think legalization could be on the horizon. A […]