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Women leaders share cannabis experiences at virtual summit

On May 27, Marigold PR hosted Canada’s first women and cannabis conference. Due to growing concerns about the spread of COVID-19, the event was converted to a series of live Zoom meetings and webinars in which industry leaders discussed the female cannabis experience.

CannTrust greenhouse licenses reinstated, plans to restart operations

CannTrust Holdings Inc. says Health Canada has reinstated its licences for its greenhouse in Niagara and that it will immediately restart operations. The company has been operating under court protection from creditors under the Companies’ Creditors Arrangement Act since March.

Tilray closes Leamington, Ont. greenhouse over next 6 weeks

The Nanaimo, B.C.-based company says it will close its wholly-owned subsidiary High Park Gardens in Leamington, Ont., over the next six weeks. It anticipates about $7.5 million in net annualized savings, as well as avoid significant ongoing capital expenditures as a result.
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3 Sixty

3 Sixty Secure hires new chief financial officer

Ernest Petrasovic replaces Candice Matthews as the new chief financial officer of 3 Sixty Secure Corp. He brings more than 30 years of experience in corporate finance from companies in retail, construction, franchising and automotive services. » Read More

Canopy Growth to reset strategic focus after $1.3B loss

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter. As part of an ongoing restructuring, it has decided not to strive to be the first to every market and will instead focus on select areas like Canada, the U.S. and Germany. » Read More

Free webinar: Managing the cannabis value chain during COVID-19

On June 23 at 1 p.m. EST, Rishi Makani from Deloitte Canada will unpack questions about the business challenges caused by the pandemic and how cannabis companies can navigate these disruptions to ensure their products reach their customers. » Read More