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After 'Green Rush,' Canada's Legal Pot Suppliers Are Stumbling


After ‘Green Rush,’ Canada’s Legal Pot Suppliers Are Stumbling
Most marijuana producers in Canada are still reporting staggering losses two and a half years after legalization.
A million-square-foot greenhouse in Exeter, Ontario, that a legal pot supplier bought in 2018. After a merger, its new owner sold it two years later without having grown a single marijuana plant there.Credit.Tara Walton for The New York Times
April 18, 2021, 5:00 a.m. ET
EXETER, Ontario — The mayor of the largely rural community of South Huron, Ontario, was looking forward to an employment boom when a marijuana producer used its soaring stock value to buy an enormous greenhouse on the edge of the municipality’s largest town. ....

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Global M&A Activity on the Rise Again in the Cannabis Sector


Global M&A Activity on the Rise Again in the Cannabis Sector
- FN Media Group Presents USA News Group News Commentary
VANCOUVER, BC, April 9, 2021 /PRNewswire/ USA News Group -With a new administration in place, Senate Majority Leader Chuck Schumer has expressed that his branch of government will move forward on marijuana legalization, whether the President agrees or not. In advance of this, larger multistate operators (MSOs) and multinational cannabis corporations are raising money once again for a strategic advance towards increased M&A activity. The market is already bracing for the much anticipated merger of
Aphria Inc. (NASDAQ:APHA) (TSX:APHA) and ....

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