Cannabis News, Culture, and Community Stories in the Thompson-Okanagan

Aurora Cannabis Inc. announced Thursday that it has completed a transformation plan delivering $340 million in annualized savings since February 2020, but said it still incurred a $67.2 million net loss in its most recent quarter. The plan involved an…

Canopy Growth Corp. will lay off 800 workers as part of a transformation plan that will see the company close a former Hershey chocolate plant it tookover and consolidate some of its cultivation operations. The Smiths Falls, Ont., cannabis company…

OKLAHOMA CITY (AP) — A federal judge in Oklahoma has ruled that a federal law prohibiting people who use marijuana from owning firearms is unconstitutional, the latest challenge to firearms regulations after the U.S. Supreme Court’s conservative majority set new…

COLUMBIA, Mo. (AP) — Recreational marijuana sales in Missouri officially last week after the state health department unexpectedly began approving dispensary permits early. Medical marijuana has been legal in the state since a ballot measure passed in 2018, but voters…

TORONTO – Ontario cannabis stores are seeing their sales data shared among competitors without approval for at least the second time in a year, sparking concerns for shops competing in an already intense industry. Jennawae McLean, the co-founder of Kingston,…

HILDALE, Utah (AP) — The tea tasted bitter and earthy, but Lorenzo Gonzales drank it anyway. On that frigid night in remote Utah, he was hoping for a life-changing experience, which is how he found himself inside a tent with…

HONG KONG (AP) — Hong Kong has banned CBD, categorizing it as a “dangerous drug" and mandating harsh penalties for its smuggling, production and possession, customs authorities announced. Supporters say CBD can treat a range of ailments including anxiety and…

TORONTO – The Green Organic Dutchman Holdings Ltd. is changing its name to BZAM Ltd. The cannabis company says it will also change its ticker symbol on the Canadian Securities Exchange to BZAM. The exact timing of the name change…

GATINEAU, Que. – Hexo Corp. says the Nasdaq Stock Market LLC has informed the cannabis company that it has regained compliance with minimum bid price requirements. Gatineau, Que.-based Hexo became non-compliant with the requirement when its closing bid price for…

NEW YORK (AP) — When New York's first licensed recreational marijuana outlet opened last month, the chief of the state's Office of Cannabis Management, Chris Alexander, proudly hoisted a tin of watermelon-flavoured gummies above the crowd. Outside the Manhattan shop,…

TORONTO – Organigram Holdings Inc. reported a profit in its latest quarter compared with a loss a year earlier as its revenue and margins improved. The cannabis company says it earned net income of $5.3 million for the quarter ended…

VICTORIA – British Columbia has released results of public engagement on the possible approval of cannabis consumption spaces, such as at lounges, cafes, special events or other businesses where marijuana products are available for sale. The report, produced by the…

Tilray Brands Inc. reported a second-quarter net loss of US$61.6 million in its most recent quarter as it temporarily slowed cannabis production because of the "longer-than-anticipated march toward legalization" in some markets. Among the markets whose timing is hampering the…

EDMONTON – Aurora Cannabis Inc. says it has closed the sale of its Aurora Polaris facility. The company says gross proceeds from the sale totalled about $15 million. Aurora announced in 2021 that it would close the Alberta property as…