US liquor company Constellation Brands, which is Canopy Growth’s largest investor, named two more key figures to Canopy’s board. Judy Schmerling, who sits on Constellation’s board of directors, will take the chair, while Constellation executive VP and Chief Marketing Officer Jim Sabia joined the board as a member in principle.

Former Canopy co-CEO and co-founder Bruce Linton feuded with former Bacardi president Rob McPherson, whom Linton said he refused to hire as CEO because “you wanted snow tires as part of the package.” (Depending on your vehicle, a set of high-end snow tires retails for between $600 and $1,000.)
Twitter—Betting Bruiser

Aphria received a $100M private placement investment from an institutional investor who requested anonymity.
MJ Biz Daily, BNN Bloomberg

  • The deal, which diluted the company’s outstanding shares, wasn’t popular with shareholders.
  • Aphria also finally received its EU-GMP certification, allowing it to export MED flower and oil to the EU. The company originally intended to obtain such certification early last year. The delay means its rivals are already shipping to Germany.
    MJ Biz Daily

Alberta LP Sundial Growers announced it laid off “less than 10%” of its employees, blaming regulatory barriers, too few REC stores, and the illicit market.
Global News

MarketWatch identified what it said was an error in the way Hexo has calculated its employee stock options dating back to 2017.