Cannabis license owner and retailer MedMen Enterprises is snuffing out its planned $682 million all-stock deal to buy marijuana producer and distributor PharmaCann -- less than three months after receiving a second round of capital from private-equity firm Gotham Green Partners.
Aleafia Health terminates its 175,000-kilogram supply agreement with Aphria.
A report says Sundial is the subject of a class action lawsuit for failing to disclose that a customer returned 554 kilograms of cannabis because it contained mold and bits of rubber gloves.
Shares of Hexo decline after the Canadian cannabis company says its chief financial officer resigned.
The producer of alcoholic beverages offers mixed technical signals, though trading volume in the shares has been diminishing this year.
Corona Beer parent sinks after taking an $484 million loss from its holding in Canadian marijuana group Canopy Growth Corp.
While women have become an increasingly large presence in cannabis companies, they are still lagging in positions of leadership.
`We are already beginning to see the cracks in Canada: Pricing is down and consumption per federal license is contracting.'