
Cannabis company Hexo reports $20.7M Q3 loss, revenue edges higher
Ottawa-based firm’s net revenue totalled $22.7 million, up from $22.1 million in the same quarter last year.
Cannabis company Hexo reports $20.7M Q3 loss, revenue edges higher
Ottawa-based firm’s net revenue totalled $22.7 million, up from $22.1 million in the same quarter last year.
Air Canada to recall 2,600 workers as demand for travel bounces back
Move fuelled by increase in vaccinations, decline in COVID-19 cases and easing of governments restrictions.
Canopy Growth CEO ‘really bullish’ on U.S. pot legalization after recent reforms
Smiths Falls-based cannabis firm reported a net loss of nearly $700 million in its fourth quarter, down from a loss of $1.3 billion in the
TekSavvy won’t bid in wireless auction, may raise prices after CRTC rate decision
The CRTC reversed a 2019 decision that lowered the rates smaller providers such as TekSavvy pay to piggyback on the networks of larger cable and
Banks face questions about deploying cash as they ease up on reserve building
Executives from the country’s most prominent banks faced questions from analysts Thursday about what they’d do with all the cash they are sitting on.
Siemens Mobility beefs up Canadian transit capabilities with purchase of RailTerm
LRT projects in Ottawa and Gatineau among the mass transit opportunities in Canada attracting attention.
Small businesses squeezed by chip shortage, worry tech giants will be supplied first
Large companies are overcorrecting by ordering huge quantities of chips to keep as inventory, exacerbating the shortage.
Hexo eyeing private label strategy as it charts U.S. expansion
CEO of Ottawa-based firm says arrangement would leverage Hexo’s technology to help multi-state operators boost their product quality and margins while lowering costs.
Ontario plans to reopen week of June 14 under new three-stage plan
Step one of the province’s reopening plan will see some non-essential retail reopen with 15% capacity limits.
Ontario extends stay at home order to June 2, aims for a ‘two dose’ summer
Recreational outdoor facilities would remain closed to limit mobility and other behaviour that could contribute to the spread of the virus.
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