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Red Light Holland inks consulting deal for GMP compliance

Toronto-based Red Light Holland (CSE: TRIP) (OTCQB: TRUFF) has entered into a consulting agreement with synthetic psychedelics drug maker PharmAla Biotech Holdings Inc. (CSE: MDMA), the company announced Thursday. The deal involves PharmAla Biotech providing consulting services to Red Light Holland to help reach regulatory compliance and Good Manufacturing Practice …

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Canopy Growth’s revenues fall 7% as cash drops by $525 million in one year

Canopy Growth Corporation  (TSX: WEED) (Nasdaq: CGC)  announced its total net revenue fell 7%  to $78.5 million for the fiscal third quarter ending December 31, 2023. All figures are in Canadian dollars. Revenue numbers Breaking down the revenue, Canopy Growth said that Canadian adult-use cannabis business-to-business revenue increased 9% year-over-year …