This article was reprinted with permission from Crain’s Detroit Business. Last month, thieves smashed through a bay door of Cloud Industries, a cannabis operator on Detroit’s west side. A reported $500,000 of cannabis plants and equipment was taken … this time. It’s the third break-in at Cloud’s building on Military …
Organigram Holdings Inc. (Nasdaq: OGI) is betting on big growth in Germany’s medical cannabis market, executives said this week during the company’s first-quarter earnings call. CEO Beena Goldenberg told analysts that Germany’s medical cannabis market has “grown four times since the announcement last April of the decriminalization of cannabis,” presenting …
Inconsistencies and confusion around the Massachusetts’ cannabis testing rules have caused tensions among regulators, labs and operators. The state’s regulators recently issued a public health advisory about products from Holistic Industries. Now, Holistic Industries is pushing back, saying the warning stems from disputes over testing methods rather than a genuine …
Montreal-based government-run marijuana firm, Société québécoise du cannabis (SQDC), this week reported comprehensive income of C$40.5 million for its third quarter of fiscal 2024, which ended Jan. 4. That figure was up year-over-year from C$33 million. Total sales for the government corporation hit C$235.9 million in the quarter, up from …