Ottawa firm was one of three major Canadian pot producers hit with lawsuits last year alleging they exaggerated or overestimated sales figures and market potential.
Shareholders claimed the pot producer misled them and failed to disclose problems with the business.
Industry watchers say this week's rash of cannabis company layoffs and executive departures is likely to continue
Shares of Canopy Growth slipped on Friday after the cannabis company reported an uptick in fourth-quarter net revenues but a wider-than-expected fourth-quarter loss
An Ontario cannabis retail licence will not be issued to a corporation if more than 9.9 per cent of it is owned or controlled by one or more licensed marijuana producers or their affiliat
The Coca-Cola Company said Monday it is "closely watching" the expanding use of a cannabis element in drinks, another sign cannabis and cannabis-infused products are getting more acceptan