By Adriano Marchese Aurora Cannabis on Wednesday reported a swing to adjusted profit and higher revenue in its third fiscal quarter, while net loss widened.
By Sabela Ojea Hexo Corp. said Wednesday it might not be able to continue operating as a going concern if the pharmaceutical company Tilray Brands doesn't.
Steep taxes and heavy regulation are making it hard for licensed pot sellers to operate in some states, driving more producers and buyers to illegal outlets. ‘Our No. 1 competitor is the illicit market.’