News - Business (312 items)
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| Apr 27, 2026 |
"We're big believers in the power of cannabis" "We're big believers in the power of cannabis," said CEO Mike DeGiglio of Village Farms last Friday during the opening of the new indoor cultivation facility in Groningen, Netherlands. "All plants created have a purpose, and so does cannabis." |
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| Apr 27, 2026 |
TeaPot® Declares Second Saturday in May “Take Your Mom to the Dispensary Day” Toronto, April 27, 2026 (GLOBE NEWSWIRE) -- Fresh off 4/20, TeaPot®, the award-winning cannabis-infused iced tea brand from The Boston Beer Company’s Canadian-based subsidiary (BBCCC, Inc.) declares a new holiday worth celebrating: Take Your Mom to the Dispensary Day. |
| Apr 26, 2026 |
Counter Culture: The Tip Jar at Your Dispensary Has a Problem. Several, Actually. From tip fatigue to tip theft, the humble dispensary tip jar has become a window into some of the cannabis industry’s biggest unresolved labor questions. |
| Apr 26, 2026 |
‘The wild west:’ How an Alberta recreational retailer is addressing health-related cannabis inquiries Getting a buzz isn’t the goal for many Plantlife Cannabis customers, according to the Alberta retailer. Up to 20 per cent of Plantlife’s 25,000 weekly clients come in seeking alternative approaches to address health-related issues like anxiety, pain and sleep disorders, the company says. |
| Apr 24, 2026 |
BC cannabis retailer opens consumption patio A cannabis store in Kamloops, BC, opened the city’s first outdoor smoking patio on April 20, 2026. Taste Cannabis, which has operated in Kamloops since 2022, has fenced off the age-gated space next to the store, restricting access to patrons 19 and older. Only cannabis is allowed to be consumed in the space. Taste Cannabis’ Operator Cody Savard told Castanet that he was inspired by another cannabis store in BC’s interior that has an outdoor consumption space, Penticton’s Cannabis Cottage, which opened on April 20, 2024, following provincial rule changes earlier that year. |
| Apr 24, 2026 |
Canadian Cannabis Sales Continued to Advance in February Statistics Canada released February retail sales for the country, with cannabis sales decreasing from the January levels, down 7.9% to C$440.5 million from the prior month. The sequential decrease was up 2.0% on a per-day basis more due to the fewer days than in the prior month. January, originally reported at C$466.1 million, was revised higher to C$478.2 million. The sales in February were up 7.9% from a year ago, down from the level last month at 9.4% and in May at 8.3% and 7.5% in June but better than the prior lowest annual growth rate since legalization commenced of -0.9% in September 2024 due to the BC strike. In 2024, total sales increased 4.5% to C$5.39 billion, and they were up 4.1% in 2025 to C$5.62 billion. So far in 2026, sales are up 8.6%. |
| Apr 23, 2026 |
Cannabis Stocks Lose Buzz Despite This Landmark Decision Cannabis stocks rose Thursday after the Trump administration, in a landmark decision, reclassified marijuana as a less-dangerous drug. But early stock gains faded. Marijuana now goes from being classified among the most dangerous drugs to Schedule III, a federal designation for drugs with a moderate to low potential for dependence and abuse. |
| Apr 23, 2026 |
Market Outlook: U.S. cannabis reclassification drives stock surge
Marijuana stocks surged after the U.S. Department of Justice reclassified cannabis to a lower-risk category, easing restrictions in a major policy shift. |
| Apr 22, 2026 |
Canada’s cannabis export dominance remains despite global price compression, rising standards The global medical cannabis market is growing quickly but inconsistently, with tightening regulatory environments and a competitive supply chain where margins are universally compressing, according to the newest market report from the Global Cannabis Exchange. |
| Apr 20, 2026 |
Instead of competing on price, cannabis retailers win with community Competing solely on price is becoming increasingly difficult for cannabis retailers as markets mature and prices decline, squeezing margins. But since advertising bans limit how operators can attract new customers, discounting remains a necessary tool for many retailers but not a sustainable long-term strategy. In response, some operators are shifting their focus toward community engagement. From yoga classes and educational workshops to movie nights and workforce development programs, cannabis retailers are investing in experiences that bring customers back for reasons beyond price. |
| Apr 20, 2026 |
Retail cannabis prices still dropping, but unevenly across the country According to Statistics Canada’s Consumer Price Index (CPI), retail cannabis prices dropped 3.2% year-over-year in March 2026 compared to March 2025, and declined 0.3% from February to March. ....For cannabis, a baseline price of 100 was established in December 2018 following legalization. Since then, the index value has mostly declined, with only a few small and brief monthly or bi-monthly increases. While the first few years of legal cannabis saw prices drop by about 8-9% a year, prices since December 2023 have decreased at a more modest rate. |
| Apr 20, 2026 |
The 420 Failure: Here's the Real Reason Tilray Brands Has Been a Horrible Investment Despite Operating in a Legal Marijuana Market Key Points Tilray has been struggling to generate much organic growth, and it remains deeply unprofitable. It and other cannabis companies have experienced significant declines in value over the past five years. While marijuana is legal in Canada, government regulation has been highly restrictive. |
| Apr 17, 2026 |
Examining Canada’s cannabis business since legalization It's coming up on eight years since recreational cannabis use in Canada was legalized in 2018. Before that, virtually all cannabis transactions were conducted illegally, in the shadows, where everything, including accurate data, were sketchy at best. Today, we know how and where legal cannabis is grown, where it is warehoused and sold, and how much it is taxed. |
| Apr 16, 2026 |
Small businesses form the foundation of Canada’s cannabis industry New figures from Statistics Canada show that more than seven years into legal cannabis, 51.4% of Canada’s cannabis retailers were small shops with one to four employees. All but two cannabis retailers are considered small businesses, which the agency defines as an enterprise with 1 to 99 paid employees. This is based on a count of 3,295 retail cannabis businesses with employees at the end of 2025. In addition to the 1,694 stores with 1-4 employees, there were another 1,066 with 5-9 employees. The federal agency also notes there are two large chain ”mega retailers” with 200 to 499 employees. |
| Apr 16, 2026 |
Council vote moves Iqaluit cannabis store closer to relocation Iqaluit city council has voted to take a step closer to allowing an Iqaluit cannabis store to move to a new location in the heart of downtown. At Tuesday’s council meeting, members voted in favour of a rezoning amendment on first reading that would enable the Higher Experience cannabis store to move to a new location 30 metres away from its current site |
| Apr 15, 2026 |
Canadian cannabis producer targets international markets in $26.5M deal Aurora Cannabis Inc. has bought Safari Flower Co. in a stock-and-cash deal valued at $26.5 million. The acquisition includes a $2-million cash payment that is contingent on satisfaction of certain conditions. Aurora says Safari Flower has an EU GMP certified indoor cultivation and manufacturing facility in Ontario. It says the deal that will increase its capacity to supply key international markets, including Germany, Australia, Poland, and the United Kingdom, and support further market expansion. |
| Apr 15, 2026 |
Cannabis consolidation and global demand fuel sector outlook Cannabis markets in Canada and the U.S. are showing uneven growth as the industry matures, with consolidation and international demand emerging as key themes shaping the sector. |
| Apr 15, 2026 |
Pre-rolls overtake flower as top-selling cannabis product in the US American cannabis consumers prefer pre-rolls over any other product. Continuing a years-long trend, pre-roll unit sales grew nearly 20% last year to become the most-sold cannabis product category in the United States, according to a new report from Renton, Washington-based packaging and manufacturing company Custom Cones USA. Pre-rolls generated $3.6 billion in sales, a nearly 10% increase from 2024, according to the report, based on numbers from cannabis analytics firm Headset. |
| Apr 15, 2026 |
Canadian cannabis producer targets international markets in $26.5M deal Aurora Cannabis Inc. has bought Safari Flower Co. in a stock-and-cash deal valued at $26.5 million. The acquisition includes a $2-million cash payment that is contingent on satisfaction of certain conditions. Aurora says Safari Flower has an EU GMP certified indoor cultivation and manufacturing facility in Ontario. |
| Apr 13, 2026 |
How to Start a Cannabis Business: A Complete Guide The global legal cannabis industry is no longer an emerging market, but a maturing one with established regulatory frameworks, institutional capital, and a growing ecosystem of professional services. Europe’s medical cannabis market alone is projected to reach €2.28 billion by 2029, up from €1.09 billion in 2025, according to Prohibition Partners research. For entrepreneurs and investors looking to enter the sector, the opportunity is real, but so is the complexity. This guide covers the key steps involved in starting a cannabis business, from choosing your market and structure to navigating regulation, technology, and funding. |