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Hexo reports $52.1M net loss in Q2, announces share consolidation

Hexo reports $52.1M net loss in Q2, announces share consolidation

GATINEAU, Que. — Hexo Corp. says its most recent quarter delivered a $52.1 million net loss as the cannabis company purged unprofitable products and streamlined its business. The Gatineau, Que.
Former CannTrust leaders acquitted in unlicensed growing trial

Former CannTrust leaders acquitted in unlicensed growing trial

TORONTO — An Ontario court has acquitted three former cannabis leaders charged with offences linked to unlicensed growing at a Niagara area greenhouse. The ex-CannTrust Holdings Inc.
OSC says no reasonable prospect of conviction in CannTrust case

OSC says no reasonable prospect of conviction in CannTrust case

TORONTO — The Ontario Securities Commission says it no longer has a reasonable prospect of convicting three former cannabis company leaders linked to securities offences at CannTrust Holdings Inc.
Climate change affecting Christmas tree farms across Canada, expert say

Climate change affecting Christmas tree farms across Canada, expert say

VANCOUVER — The effects of climate change are taking a toll on Christmas tree farms across Canada, with one forestry expert and the head of the Canadian Christmas Tree Association saying the sector that's already undergoing shifts will need to adapt.
Halifax long-term care facility gets funding to boost use of locally produced food

Halifax long-term care facility gets funding to boost use of locally produced food

HALIFAX — Nova Scotia is looking to move toward its goal of having 20 per cent of food purchases come from local sources by 2030 through a new financial incentive for institutions with large kitchens.
CannTrust CEO was warned over illicit pot growing: former compliance worker

CannTrust CEO was warned over illicit pot growing: former compliance worker

TORONTO — A former director of quality and compliance at CannTrust Holdings Inc. says he warned the company's chief executive that Health Canada could levy penalties if the firm grew cannabis in unlicensed rooms at its Niagara, Ont. facility.
Former CannTrust compliance worker says unlicensed growing 'very openly' discussed

Former CannTrust compliance worker says unlicensed growing 'very openly' discussed

TORONTO — A former director of quality and compliance at CannTrust Holdings Inc. says the growth of cannabis in unlicensed rooms was "very openly discussed" at the pot company. “There was no hiding this.
Canopy breaks out Canadian operations in new unit, lays off 55

Canopy breaks out Canadian operations in new unit, lays off 55

SMITHS FALLS, Ont. — Canopy Growth Corp. says it will be breaking out its Canadian cannabis operations into a stand-alone business unit and laying off 55 staff. Brenna Eller, the Smiths Falls, Ont.
Canadian agriculture groups hope new Indo-Pacific strategy leads to trade deals

Canadian agriculture groups hope new Indo-Pacific strategy leads to trade deals

OTTAWA — Agriculture commodity groups are applauding the Liberal government’s long-awaited Indo-Pacific strategy and hoping it will lead to more, and better, free trade deals.
CannTrust execs linked to unlicensed growing caused 'incredible' damage, court hears

CannTrust execs linked to unlicensed growing caused 'incredible' damage, court hears

TORONTO — A lawyer representing Ontario's securities regulator says three former executives whose cannabis company was caught growing pot in unlicensed rooms were in positions to disclose the improper growing but didn't.
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