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Aurora Cannabis announces five facility closures and mass layoffs

The company has executed a 25 per cent reduction in selling, general and administrative (SG&A) staff. It’s also planning a 30 per cent cut of production staff over the next two quarters as it plans to close operations of five facilities.

Avicanna develops potential cannabinoid-based treatment for COVID-19

The company is working with University of Toronto to fast-track the development of a cannabinoid forumulation that might aid in the treatment of lung inflammation in patients suffering severe symptoms of COVID-19.

Sunniva receives cease trade order from B.C. and Ontario

Sunniva Inc. has been issued a cease trade order for failure to file periodic disclosure required by British Columbia and Ontario securities legislation. Sunniva securities holders are encouraged to consult with their own investment advisors.
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Canopy Growth has high hopes for legal cannabis market

CEO David Klein said at a recent investor call that the market is already valued at $10 billion, but that number will steeply increase as more people try out legal cannabis, customers abandon the illegal market and additional stores open in locations like Ontario. » Read More

The case for automation

More recently, it has become clear that automated harvesting solutions on the back end of the process are a necessary addition for businesses to survive and thrive in this evolving, highly competitive marketplace. » Read More