News - Business (505 items)
(All links open in new tab)
| Sep 9, 2026 |
CT cannabis company continues hostile takeover fight with Canadian rival Stamford-based cannabis giant Curaleaf Holdings has fired the latest salvo in its hostile takeover fight with Canadian company Aurora Cannabis. Curaleaf announced in August that it intended to acquire Aurora Cannabis for $4 per share, saying the proposal represented a 45% premium to Aurora’s 30-day average share price. The company said at the time it had initially approached Aurora privately in June and followed up in July after the Canadian company declined to engage. |
|---|---|
| Sep 9, 2026 |
Can South Africa challenge Canada for global cannabis export dominance?
In a challenge to licensed cannabis producers in Canada, long the global export leader, a growing share of cannabis exports is coming from companies in South Africa. Firms in South Africa enjoy lower production costs, but they’re also meeting European Union standards for pest control as well as EU-GMP requirements. With European markets increasingly interested in GMP-compliant product that’s also non-irradiated, South African cannabis producers are mounting a direct threat to Canadian LPs, operators told MJBizDaily. “South Africa is quickly becoming a serious exporter to Germany,” said Johan Slabber, the CEO of Nexus Pharma, which bills itself as South Africa’s first vertically integrated THC company. |
| Sep 4, 2026 |
Aurora Cannabis Falls Under Pressure as Sentiment Weakens and Strategic Uncertainty Builds
Aurora Cannabis Inc. (TSX: ACB) is a Canada-based global medical cannabis company focused on the production, distribution and sale of cannabis products, with an emphasis on medical markets and international expansion. Its Business model has increasingly shifted toward higher-value medical cannabis markets, supported by international distribution capabilities and a growing presence across regulated jurisdictions. Aurora has also pursued acquisitions and capacity expansion intended to strengthen its position in international medical cannabis. |
| Sep 3, 2026 |
Canada’s Cannabis Vape Boom Has a Trash Problem
Cannabis vapes, including both single-use and 510 cartridges, comprise almost 20% of total cannabis sales every year across Canada. This has resulted in upwards of 3,550 tonnes of waste over the past four years, and that number is growing at a significant rate each year, creating a significant environmental footprint. Canada’s legal cannabis industry has come a long way since recreational cannabis was legalized in October 2018. Consumers now have an enormous selection of products available through thousands of legal retailers across the country. |
| Sep 3, 2026 |
Curaleaf responds to Aurora's rejection by citing its share sales at US$3.09
Curaleaf has answered Aurora's rejection of its bid by pointing at the prices Aurora's own board sold shares at. Aurora's board told shareholders to take no action and to withdraw any shares already tendered. Curaleaf responded on 2 September, and its case turns on the at-the-market equity programs Aurora has used to fund the debt-free balance sheet it put at the center of its defense. |
| Sep 3, 2026 |
Cannabis in Quebec: The 21-Year-Old Age Requirement in the Spotlight La décision du Québec de fixer l’âge légal pour la consommation de cannabis à 21 ans fait une nouvelle fois l’objet d’un examen minutieux, les experts en toxicomanie, les représentants de la santé publique et les acteurs du secteur s’interrogeant sur la capacité de cette restriction à atteindre les objectifs de santé publique visés. Plus de 15 000 personnes âgées de moins de 21 ans se sont vu refuser l’accès aux magasins de la Société québécoise du cannabis (SQDC) l’année dernière, selon les chiffres cités par le détaillant provincial de cannabis. |
| Sep 3, 2026 |
Cannabis at work: key lessons for employers
As prescriptions for medical cannabis become more common, employers are facing a difficult shift in workplace drugs management. For years, many organisations have treated a positive cannabis test as a straightforward disciplinary issue. That approach is increasingly risky. Where cannabis has been lawfully prescribed, the key question is not simply whether cannabis is present, but whether the employee is fit for work, whether their condition may be a disability, and whether the employer’s response is reasonable and evidence-based. |
| Sep 3, 2026 |
Cannabis consumers are no longer stoner stereotypes. Not all brands are marketing accordingly
When it comes to marijuana, millennials may be the last generation of Americans to grow up when Amsterdam still had a whiff of the mystical. For those who were cannabis-curious in the ‘90s and early-aughts, Amsterdam represented an impossible dreamland where one could simply walk into The Weed Store and legally purchase what then amounted to contraband stateside. |
| Sep 2, 2026 |
Aurora Cannabis urges shareholders to reject hostile takeover offer by Curaleaf
Aurora Cannabis Inc. is urging its shareholders to reject a hostile takeover bid by Curaleaf Holdings, Inc. The company says the unsolicited bid by Curaleaf undervalues Aurora and is not in the best interests of shareholders. Aurora says it is debt free and has about C$149 million in cash, while Curaleaf has over C$1 billion in debt and would gain control over its cash without paying fairly. |
| Sep 1, 2026 |
Cannabis Jobs Update – September 2026
Canada’s cannabis industry is hiring. In our September 2026 job roundup, we’ve highlighted open roles in retail, cultivation, processing, brand management, and operational support, as well as a few international opportunities. Whether you are an industry veteran looking for your next career move or a newcomer eager to enter the space, there are options available across every stage of the supply chain. Explore the listings below to find your fit. |
| Aug 31, 2026 |
BC, Ontario Lead in Cannabis Licensing in 2026, Revocations Surpass New Licences
There have been 45 new cannabis production licences issued in Canada in the first eight months of 2026. As of the end of August, there are 900 federal cannabis licences. More than seven in 10 of these new licences were Micros (32), 24% were Standard (11), and one each was a Nursery and a Medical Sales-Only licence. Most new Micros (18 of 32) received both a Micro cultivation and a Micro Processing licence. British Columbia was home to the most new licences, with 18 (15 Micro, two Standard, one MSO). Ontario followed this with 12 (six Micro, six Standard), and Quebec with eight.* |
| Aug 29, 2026 |
The Industry Bet Against Bud. Flower Smokers Never Left.
The cannabis industry spent years predicting flower’s decline. Grown Rogue CEO and co-founder Obie Strickler argues that the prediction said more about industry executives than it did about consumers. |
| Aug 28, 2026 |
Diversity is not the same as equity in US cannabis industry
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) The first time I understood cannabis enforcement, I was with five friends on the side of a road while police searched our car. Only one of us was white. He had smoked a blunt. An officer said he smelled cannabis, and that was reason enough to detain all six of us and search the vehicle. The officer didn’t know who had smoked or what lives we would go on to lead. In that moment, a smell turned a group of young men into a police matter. new framework ctas (2) My white friend later became an exceptional legal cannabis grower, but prohibition affected him by criminalizing the plant around which he developed expertise. I entered government and worked on cannabis regulation, social equity funding and business development. Both stories belong in the legal cannabis industry. But that encounter taught me that the same law can touch several people without leaving the same scars. That difference is what equity is supposed to measure. Are diversity and equity synonyms? Diversity asks who is present. Inclusion asks who is permitted to participate. Equity asks who was harmed, what was taken from them and whether resources, authority and opportunity are being directed toward repairing that injury. A cannabis company can employ people of different races and genders while ownership, investment and executive control remain concentrated among people with the greatest access to capital. |
| Aug 28, 2026 |
The Future of Cannabis Tourism Starts on the Farm
Cannabis Wine Tours founder Charles Kimball argues that farmer-hosted experiences can connect visitors with the land while giving small Northern California growers another way to be seen and supported. |
| Aug 28, 2026 |
Poll finds 90% of Aurora investors oppose Curaleaf takeover bid An informal poll by The Marijuana Herald finds 90% of self-identified Aurora Cannabis investors oppose Curaleaf Holdings' current takeover bid, while 64% of self-identified Curaleaf investors support the proposed acquisition. The Marijuana Herald collected the first 50 responses from people identifying as Aurora investors and the first 50 from those identifying as Curaleaf investors, for a total of 100 respondents. Investors who identified as shareholders in both companies were excluded. The poll is not scientific, and The Marijuana Herald did not independently verify respondents' share ownership. |
| Aug 28, 2026 |
Canada now the world’s largest legal cannabis market
OTTAWA — Canada is now the largest legal cannabis market in the world by monthly retail sales, with dispensaries outnumbering liquor stores in some communities as national sales climb to record levels. Statistics Canada says cannabis stores sold $517.8 million worth of products in June, setting a monthly record. The previous month also surpassed half a billion dollars, with revised May sales reaching $510.4 million. Both totals exceeded the previous record of $508.6 million set in December 2025. |
| Aug 27, 2026 |
Market Convenience Outperforms Price in Legal Cannabis Adoption
A new study says variety and convenience seem to drive consumer choices in the legal market, while price is not a significant differentiator. The research, published in the Journal of Cannabis Research, compares provincial retail systems and concludes that legal market adoption was higher in provinces with competitive private retail systems. The article was accepted on August 10, 2026, and provides early access to its findings. While pricing remained relatively consistent across eight provinces, legal market adoption reached 78% in the four provinces with private retail (Ontario, Manitoba, Saskatchewan, and Alberta), compared to 69% in provinces with uniform systems (PEI, Nova Scotia, New Brunswick, Quebec). |
| Aug 26, 2026 |
Canadian Marijuana Producers Expand Their Footprint in Europe Canada-based cannabis producer Tilray Brands recently announced that it was increasing its cultivation footprint in Europe and Canada as demand for medical marijuana continues to rise across regulated markets. According to the company, its yearly production capacity has increased to roughly 275 metric tons, compared with about 210 tons previously. The additional capacity is expected to support expanding sales in overseas markets, particularly across Australia, Europe, and other jurisdictions with established cannabis regulations. |
| Aug 26, 2026 |
Can Cannabis Consumers Convince Government That It’s Time for Industry Reform? When Canada legalized recreational cannabis in 2018, it resolved one of the most contentious issues surrounding the plant. Canadians who believed people should not be criminalized for consuming cannabis had something clear to fight for, and ending prohibition gave them what they wanted. But legalization did not resolve many of the issues facing the industry that emerged in the years that followed. Cannabis businesses continue to push for changes to excise taxes, packaging and promotion restrictions, THC limits, and other regulations. What has largely disappeared is the public constituency demanding change alongside them. |
| Aug 26, 2026 |
Canada surpasses California as largest cannabis market in the world
California’s leaders love to brag about the state’s legal cannabis market being the largest in the world. Even when the legal market has shown deep problems and dysfunction, leaders could say that at least California was still No. 1. However, that no longer appears to be true. Canada’s federal government released data last week showing that its June sales totaled $517.8 million Canadian dollars, or about $374.5 million in U.S. dollars. That’s more than the $372.4 million that California sold the same month, according to the Department of Cannabis Control, meaning California has lost its superlative status. |