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Canadian Cannabis Company Aurora Ends Fiscal Year With CA$3.3B Loss

NEWS BRIEF Canadian marijuana company Aurora ends fiscal year with CA$3.3B loss

Article by Marijuana Business Daily Canadian marijuana producer Aurora Cannabis reported a net loss of more than 1.8 billion Canadian dollars ($1.4 billion) for its fourth quarter, ending its 2020 fiscal year with a CA$3.3 billion loss. The quarterly loss includes a previously signaled CA$1.6 billion write-down. Net revenue for the quarter ended June 30 was CA$72.1 million, down 4.5% from the previous quarter. Revenue ...

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Aurora Cannabis Stock Plunged 30% Because It Is ‘Growing So Much Weed’

MARIJUANA STREET NOTES Aurora Cannabis Stock Plunged 30% Because It Is ‘Growing So Much Weed’ By Connor Smith Analyst Tamy Chen lowered her rating on the company’s Canadian-listed shares to C$10 from C$15. Dreamstime

Article by Connor Smith, Barron’s Aurora Cannabis stock shed nearly 30% of its value on Wednesday after the company reported a full-year net loss of 3.3 billion Canadian dollars (US$2.48 billion). Investors knew that billion-dollar write-downs were coming, but the company’s report and outlook didn’t do much to improve sentiment for the struggling stock. When adjusted for a 12-1 reverse stock split, Aurora shares hit their ...

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Fire & Flower’s New Ontario ‘Demonstrates Organic Growth Capabilities,’ CEO Says

Fire & Flower's New Ontario 'Demonstrates Organic Growth Capabilities,' CEO Says Jelena Martinovic , Benzinga

Article by Jelena Martinovic, Benzinga  Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) is yet again expanding its retail footprint in Toronto by launching its Parkdale retail location. The debut comes just a month after the acquisition of Meta Growth Corp.’s cannabis store in downtown. The company confirmed Wednesday that Ontario’s Alcohol and Gaming Commission granted it the Retail Store Authorization, following the completion of all regulatory ...

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Thirteen Charged in South Dundas Cannabis Grow-Op

Thirteen charged in South Dundas marijuana grow-op Containers of what appears to be marijuana bud sit on the front lawn of a home on Rowena Road in South Dundas on Monday, Sept. 21, 2020. Police harvested the illegal crop which was taken away in dump trucks. (Newswatch Group/Bill Kingston) ROWENA – Provincial police have charged 13 people in connection to Monday’s bust of a marijuana growing operation in South Dundas, northeast of Iroquois.

Article by Cornwall Newswatch Provincial police have charged 13 people in connection to Monday’s bust of a marijuana growing operation in South Dundas, northeast of Iroquois. O.P.P. announced Tuesday night that they seized over 200 kilograms (440 pounds) of processed cannabis, over 1,700 pot plants, plus growing and processing equipment. Police officers and municipal workers were at the property at 11515 ...

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What Should Pet Owners Know About Cannabis and CBD Products?

WELLNESS What should pet owners know about cannabis and CBD products? “We certainly recognize the potential opportunities that cannabis-derived compounds may offer and acknowledge the significant interest in these possibilities.” By Maria Loreto, The Fresh Toast Significant steps have been made over the years to validate some medicinal claims of cannabis, but much work needs to be done. / Photo: Jeng_Niamwhan / iStock / Getty Images Plus “We don’t know about co-administration with other medicines or risks to vulnerable human and animal populations.” / Photo: amedeeso / iStock / Getty Images Plus

Article by Maria Loreto, The Fresh Toast via Growth Op A lot has been said about CBD pet products and what they can do to tame anxiety and other stressors that pets experience. Anecdotal evidence indicates that at least some pet owners are happy with the cannabis products they’ve used on their pets, reporting that they put their pets at ...

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Cannabis Consumption Prior to Injury Could Improve Recovery Times for Trauma Victims

NEWS Cannabis consumption prior to injury could improve recovery times for trauma victims "Although preinjury use of marijuana does not improve survival in trauma patients, it may provide some improvement in outcomes in patients with traumatic brain injury and those that are more severely injured." By Sam Riches FILE: Riley Cote of the Philadelphia Flyers and Eric Godard of the Pittsburgh Penguins fight during the first period at the Mellon Arena on December 15, 2009 in Pittsburgh, Pennsylvania. Photo by Bruce Bennett/Getty Images If you’re a cannabis consumer who suffers a brain injury, you might recover faster than those who abstain from the plant, according to a study published in the Journal of Surgical Research.

Article by Sam Riches, Growth Op If you’re a cannabis consumer who suffers a brain injury, you might recover faster than those who abstain from the plant, according to a study published in the Journal of Surgical Research. “Although preinjury use of marijuana does not improve survival in trauma patients, it may provide some improvement in outcomes in patients with traumatic ...

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BC Cannabis Sector Getting Farm-Gate – But Not Until 2022

BC cannabis sector getting farm-gate – but not until 2022

Article by Marijuana Business Daily British Columbia is developing farm-gate and direct delivery programs to benefit cannabis industry businesses and expects them to be rolled out in 2022. The province’s farm-gate sales program will allow cannabis cultivators to sell their products at stores located at their production sites. The direct delivery program will give Health Canada-licensed “small-scale producers, including nurseries” the ability ...

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15 Pounds of Cannabis Seized in Quinte West

15 pounds of cannabis seized in Quinte West Belleville, ON, Canada / Quinte News Tim Durkin

Article by Tim Durkin, Quinte News On Saturday, September 19, 2020, at approximately 9:00 p.m.,, officers from the Quinte West Detachment of the Ontario Provincial Police (OPP) conducted a traffic stop on Dundas Street West in the City of Quinte West. Police investigation led to the driver being charged with having care or control of a vehicle with cannabis readily available. ...

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Know Your Budtender: Sarah Mills at Fire & Flower in Kingston

Know Your Budtender: Sarah Mills at Fire & Flower in Kingston Know Your Budtender: Sarah Mills at Fire & Flower in Kingston By Exclaim! Staff Published Sep 21, 2020 Promotional consideration provided by Fire & Flower Fire & Flower is more than just another cannabis store — it's your guide to everything green. In a cannabis market that's filled with scientific breakthroughs and different strains to serve personal preferences, Fire & Flower's knowledgeable budtenders (or Cannistas, as they call them) are here to offer all the information and advice to make sure you get the cannabis product that's best suited for you.

Article by Exclaim! Fire & Flower is more than just another cannabis store — it’s your guide to everything green. In a cannabis market that’s filled with scientific breakthroughs and different strains to serve personal preferences, Fire & Flower’s knowledgeable budtenders (or Cannistas, as they call them) are here to offer all the information and advice to make sure you get ...

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Burlington Going to Pot: 15th Retail Store Applies for License

NEWS BURLINGTON GOING TO POT–15TH RETAIL STORE APPLIES FOR LICENSE

Article by Bay Observer Burlington look’s ready to oppose the latest application for a retail Cannabis store–the city’s 15th application. The latest store application comes from Verde Luv Inc. The proposed location at 1900 Walkers Line, Unit and 7 is now up for public comment. This application does not meet the City of Burlington Council approved guidelines. A previous application, ...

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