Aurora Cannabis halts construction of 2 facilities in southern Alberta, Denmark to conserve cash

Aurora Cannabis Inc. says it is halting construction of two production facilities to save over $190 million as part of a plan to strengthen its balance sheet. The Edmonton-based cannabis producer says it will immediately cease construction of its Aurora…

Edmonton man accused of running illegal cannabis grow-op

While marijuana has been legal in Canada for more than a year now, there are still rules surrounding how much you can grow on your own — and an Edmonton man has been accused of breaking those rules by running…

CannTrust says cannabis goods returned by Alberta government worth $1.3M

CannTrust Holdings Inc. said Thursday that about $1.3 million worth of its products will be returned by the Alberta government’s cannabis wholesaler and online retailer. The Alberta Gaming, Liquor and Cannabis (AGLC) agency announced the returns on Wednesday after Health…

Alberta sees most money spent on cannabis since legalization: StatCan

Albertans have spent the most money on cannabis since it was legalized last fall, according to new numbers from Statistics Canada. Story continues below New data from Statistics Canada published Monday looked at the amount sold at cannabis retail stores…

Couche-Tard makes strategic cannabis move with large investment in Fire & Flower

Alimentation Couche-Tard Inc. has agreed to make a strategic investment in Fire & Flower Holdings Corp. of Edmonton, which will use the funds to develop its Hifyre digital retail platform and expand its network of cannabis retail stores. Story continues…

Alberta Government collects $30M from cannabis tax since legalization

The Alberta government has raked in $30 million in taxes from cannabis in the first six months since legalization. According to the province’s fiscal year-end statement, the tax revenue from cannabis collected by the government is $4 million higher than…

Plethora of pot? Canada could hit cannabis oversupply as early as 2019, depending on edibles

Canada could reach an oversupply of legal pot as soon as the end of this year, depending on how the rollout of edibles and other next-generation products impacts supply, a U.S. cannabis research analyst says. BDS Analytics’ managing director and…

Alberta retailer plans to open cannabis store in Ottawa

Fire & Flower, a cannabis retailer based in Alberta, announced Tuesday that they have reached an agreement with one of the winning applicants to open a store on York Street in the Byward Market. Fire & Flower said in a…