The statement of claim filed in Calgary on June 16 accuses the companies of failing to properly label their products and alleges negligence on their part.

Industry experts are anticipating the coming months will bring more dramatic staffing cuts and changes to leadership at small and large cannabis companies alike as they grapple with the recent roll out of edibles, a history of overspending and a lack of profitability.

Cannabis producer Tilray Inc. says it has signed a deal to acquire Alberta cannabis retailer Four20 in an agreement valued at up to $110 million.

Ottawa has indicated edibles containing cannabis and cannabis concentrates would become legal for consumers in October, but the exact timing of product approvals and sales is still unknown.

Cannabis companies are becoming a growing presence in the medical industry, but some doctors aren't welcoming them.

You can't drink weed yet, but that isn't stopping the major players from getting a head start on what could become a fast-growing market.

The stocks of two of Canada's top cannabis companies were tanking in pre-market trade following earnings results that missed analysts' expectations.

The B.C.-based weed producer's stock market gains even surpassed giant players like Microsoft, Facebook and Exxon Mobil. But will the weed bubble burst?

Investors in Canadian weed shares are having a great start to the week as the cannabis sector continues to soar on the stock market.

Canadian marijuana producer Tilray says it has received approval from the U.S. Drug Enforcement Administration agency to export a medical cannabis product south of the border for use in a clinical trial.