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Hexo Cutting 200 Jobs as it Looks to Profitability, ‘Long-Term Viability’

Ottawa Hexo cutting 200 jobs as it looks to profitability, 'long-term viability' Social Sharing Facebook Twitter Email Reddit LinkedIn Cuts include the elimination of some executive positions Armina Ligaya A Hexo Corp employee examines cannabis plants in one of the company's greenhouses, seen during a tour of the facility on Oct. 11, 2018. (Adrian Wyld Cannabis plants are seen during a tour of a Hexo Corp production facility in Masson Angers, Que. On Thursday the company announced it is cutting 200 jobs. (Adrian Wyld

Article by Armina Ligaya, CBC News Cannabis company Hexo Corp is reducing its workforce by 200 jobs to adjust for expected future revenues and “ensure the long-term viability” of the firm, its chief executive said. The announcement comes after earlier this month Hexo cut its net revenue forecast for the fourth quarter of its financial year which ended July 31 and withdrew ...

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Toronto Cannabis Events: October 28 – November 3, 2019

weekly newsletter Toronto Cannabis Events Dankr Crowd

Toronto is an amazing city for cannabis with so many diverse events going on. Here is a list of the events going on this upcoming week and weekend: Monday, October 28, 2019: Tuesday, October 29, 2019: Industry Night When: 6:00pm-9:00pm Where: Yongesterdam Lounge Price: N/A Wednesday, October 30, 2019: Free Cannabis Grow Class When: 6:00pm-8:00pm Where: Grow Op Hydroponics (1332 Bloor St. West, Toronto) Price: Free Movie and ...

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Cannabis Edibles Next on the Menu for Sudbury Customers

Cannabis edibles next on the menu for Sudbury customers Jim Moodie The Sudbury StarJim Moodie The Sudbury Star Duska Duguay, assistant manager at Highlife, displays a child-proof pouch for cannabis products, including the edibles that will be available in a couple of months at the store. Jim Moodie/Sudbury Star JPG, SU

Article by Jim Moodie, The Sudbury Star Local marijuana retailers are preparing for the advent of edibles by making sure containers are available that can’t be pried open by tiny hands. Cannabis legalization 2.0 is now underway, meaning a wide range of new products will be hitting the shelves in coming months, among them pot-infused treats and beverages. “Most licensed ...

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Cannabis Firm TGOD Tried to Sell Major Ontario Facility for $94.2M in Leaseback Deal

Cannabis firm TGOD tried to sell major Ontario facility for $94.2M in leaseback deal According to a memorandum advertising the property's sale, TGOD was asking for $94.2 million for its 165,879-square-foot facility in Ancaster, Ontario The Green Organic Dutchman Holdings Ltd. is one of several licensed producers struggling for liquidity in a dried-up marketplace.Luisa Gonzalez/Reuters Victor Ferreira

Article by Victor Ferreira, Financial Post Cannabis producer The Green Organic Dutchman Holdings Ltd. says it has taken its Ancaster, Ont., greenhouse off the market after attempting to sell the facility through a leaseback arrangement earlier this month. According to an offering memorandum advertising the property’s sale, which the Post obtained this week, TGOD was asking for $94.2 million for ...

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Microwaved Weed: How LPs Can Steal Cannabinoids

MICROWAVED WEED: HOW LPS CAN STEAL CANNABINOIDS TRAVIS CESARONE OCTOBER 24, 2019 FEATURED MARIJUANA NEWS

Article by Travis Cesarone, Cannabis Life Network Growers love hanging with their buds. A freshly harvested crop of cannabis needs to dry to a perfect consistency. Curing is a vital process for quality, beyond simply removing moisture. A method that can be eliminated on a commercial scale – with microwaved weed. As crude as rapidly dehydrating flowers in 48 hours with any ...

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Faulty Pot: How to Return Your Weed

CULTURE Faulty pot: How to return your weed Bought a batch of mouldy cannabis? Here’s what you can do By Anisha Dhiman Here’s what the shipping and return policies look across provinces in the country. MARTIN OUELLET-DIOTTE/AFP/Getty Images

Article by Anisha Dhiman, Growth Op Be careful what you wish for, especially when placing an order for weed online. Returning it can be a challenge, with policies varying from province to province. Here’s what the shipping and return policies look like across the country. British Columbia  Bought a product that’s defective, shipped in error or recalled? The BC Cannabis Stores will ...

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Intercity Site Selected for Thunder Bay Cannabis Store

Intercity site selected for Thunder Bay cannabis store (2 Photos) Tokyo Smoke has signed a lease for a vacant spot in a strip mall. about 16 hours ago By: Gary Rinne 2 / 2 The company intends to establish its Thunder Bay retail outlet in a vacant store in a Memorial Ave. strip mall (Tbnewswatch)

Article by Gary Rinne, Thunder Bay News Watch A Memorial Avenue strip mall is expected to host Thunder Bay’s first retail cannabis store. The owner of a building opposite Intercity Shopping Centre, on the west side of Memorial near the Dunlop Street intersection, confirms he has signed a lease with Tokyo Smoke for a space that’s currently vacant. The company has already ...

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Hexo: Beamsville Cannabis Operation Closes, 100 Staff Laid Off

Beamsville cannabis operation closes, 100 staff laid off Quebec-based Hexo Corp. tells greenhouse workers and management Thursday morning NEWS 05:00 AM BY TOM HOGUE THE HAMILTON SPECTATOR A Hexo Corp. employee examines cannabis plants in one of the company's greenhouses, seen during a tour of the facility in Masson Angers, Que. Hexo let go 100 staff at the Beamsville operation on Thursday. - Adrian Wyld The Beamsville operation of cannabis firm Hexo Corp. is closing and 100 staff are out of work. - Adrian Wyld,

Article by Tom Hogue, Hamilton Spectator The Beamsville operation of cannabis firm Hexo Corp. is closing and 100 staff are out of work as a result of cost-cutting efforts announced Thursday by the Quebec-based company. “People in upper in management who got their notice were just as upset as everybody else — everybody was stunned, there was a lot of ...

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Ontario to Ban Promotion of Vaping Products in Convenience Stores

Ontario to ban promotion of vaping products in convenience stores Under the new regulation, promotion of vaping products will be allowed only in specialty vape stores and cannabis retail stores where customers must be at least 19 years old to enter. NEWS 06:04 AM by Rob Ferguson Toronto Star Starting Jan. 1, Ontario will require that promotion of vaping products only be allowed in specialty vape stores and cannabis retail stores where customers must be at least 19 years old to enter. - Keith Srakocic , AP

Article by Rob Ferguson, Toronto Star via Hamilton Spectator Ontario is banning the promotion of vaping products in convenience stores and gas stations starting Jan. 1 in hopes of curbing fast-rising use by teens, the Star has learned. The move to be announced Friday by Health Minister Christine Elliott reverses a decision Premier Doug Ford’s Progressive Conservatives made after taking ...

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