organigram (Page 3)

Organigram, a New Brunswick-based marijuana producer, will begin trading on the Nasdaq on May 21. The company will join other major Canadian producers listed on senior U.S. exchanges, such as Aurora Cannabis, Canopy Growth, Cronos and Tilray. Organigram will continue to maintain its TSX Ventures Exchange listing but will ceaseContinue Reading

Higher plant yields helped New Brunswick-based Organigram slash its “all-in” cost of cultivation to 85 Canadian cents per gram (63 cents) – among the lowest in the industry – on gross revenues of CA$33.4 million in its second fiscal quarter results. The results for the period December to February takeContinue Reading

Two dozen of the leading cannabis companies in Canada collectively employ only 11 women on their boards, and most – including the market leaders – have not disclosed written policies relating to the identification and nomination of female directors. Analysis of regulatory filings for cannabis companies traded on Canadian stockContinue Reading

A New York-based investment bank initiated coverage of the cannabis industry Monday, another sign that Wall Street prudence is catching up to main street excitement over the burgeoning sector. The global marijuana industry has a “base-case conservative” forecast worth roughly $50 billion in the next decade, Jefferies Group said inContinue Reading

The World Health Organization (WHO) made great strides in its recommendations on how cannabis should be scheduled, but the global industry believes there’s more work to be done. Martin Jelsma, drugs and democracy program director, at the Netherlands-based Transnational Institute, emphasized to Marijuana Business Daily that there are “very positive elements inContinue Reading

It was a busy day for the Alberta Gaming and Liquor Commission (AGLC), which announced Thursday it inked cannabis supply agreements with 13 cultivation firms. Alberta – which allows privately run cannabis retailers but will contain provincial control of cultivation – signed supply deals with: 7 Acres/The Supreme Cannabis Company ABCannContinue Reading