Cannabis

Florida voters rejected a ballot measure to legalize recreational marijuana, dealing a blow to the cannabis industry and giving a win to the leading opponents: Governor Ron DeSantis and billionaire Ken Griffin.

The head of cannabis-focused consumer packaged goods company Tilray Brands Inc. says he’s “optimistic” about cannabis legalization in the U.S. following next month’s presidential election.

Cannabis company Tilray Brands Inc. reported a loss of US$34.7 million in its first quarter, compared with a loss of US$55.9 million in the same quarter last year, as its net revenue rose 13 per cent.

Uruguay led the world in legalizing marijuana a decade ago, but its dream of building a medical cannabis and hemp powerhouse employing thousands of people with $1 billion in exports is facing a harsh reality check.

The $5 billion industry is under threat as insurers pull out — and the state-created FAIR plan fails to cover growers.

Tilray Brands Inc.’s big bet on legal cannabis is proving so overoptimistic it is now relying on the alcohol market it once aimed to disrupt.

Canopy Growth Corp. says chief executive David Klein is retiring next year.

Canopy Growth Corp. posted a larger loss in its latest quarter compared with a year ago as its revenue declined.

Tilray Brands Inc. is nearing an agreement to acquire some of the drinks brands of brewer Molson Coors Beverage Co., people familiar with the matter said.

The Philippines is trying again to pass a bill allowing the use of cannabis for medical purposes after past failed attempts, with the House of Representatives approving a measure on Tuesday.

Bruce Campbell, president and portfolio manager at StoneCastle Investment Management, joins BNN Bloomberg to discuss the cannabis sector outlook amid U.S. regul

Thailand’s move to shelve a plan to re-criminalize cannabis in favor of tightening regulations is a “people’s victory,” according to the leader of a party that’s widely credited for spearheading a landmark decriminalization two years ago.

Frederico Gomes, director of institutional research in life sciences at ATB Capital Markets, joins BNN Bloomberg to share his top picks in cannabis stocks.

Tilray Brands Inc. says it's launching a new brand of premium non-alcoholic beverages.

Roundhill Investments is completely waiving the fee for its US$5.6 million cannabis fund as U.S. regulators move to reclassify marijuana as a less dangerous substance.