News - Business (128 items)
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| Sep 2, 2025 |
Organigram Global Releases Landmark Report: Legal Cannabis Added $16B to Canada’s GDP in 2024 Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI) , Canada’s largest cannabis company by market share, today released "High Impact, Green Growth: The Economic Footprint of Canada's Cannabis Industry," a national report done in partnership with the Business Data Lab at the Canadian Chamber of Commerce. The report, which examined figures for 2024, underscores the legal cannabis sector’s role as a major driver of jobs, economic growth, and innovation, highlighting why it should be included as a pillar of Prime Minister Mark Carney’s One Canadian Economy vision. |
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| Sep 1, 2025 |
Canadian household spending on cannabis reaches nearly $2 billion Canadian household final consumption expenditures for cannabis reached a new high of over $1.7 billion in the second quarter of 2025, continuing an upward trend. The majority of that ($1.6 billion) was from the adult-use market, while $119 million came from the medical market. |
| Aug 29, 2025 |
Soccer Makes History: First German Team Sponsored by a Cannabis Brand In Germany, as in so many other countries, soccer transcends sport and is woven into the fabric that brings neighborhoods together, integrates diverse communities, and builds a sense of national identity. 1. FC Union Berlin is living proof of that. |
| Aug 24, 2025 |
Why Cheech And Chong’s $100 Million Cannabis Empire Is No Joke Weed has always paid off for the godfathers of stoner comedy. Now they’ve built a company that sells THC-infused edibles, drinks and of course some tasty bud, all of which brings in some serious green. |
| Aug 22, 2025 |
Google Ads to launch cannabis advertising pilot in Canada Google Ads is launching a limited pilot program in Canada, allowing cannabis-related product types or services to utilize the online advertising platform. |
| Aug 22, 2025 |
Canada's largest cannabis retailer expands Raj Grover, Founder and Chief Executive Officer of High Tide, joins BNN Bloomberg to discuss the company's expansion into the German medical cannabis market. |
| Aug 21, 2025 |
From confusion to conversion: How behavioral science is reshaping cannabis retail
The cannabis industry doesn’t have a product problem — it has a communication problem. With so many products on the shelf and no consistent system to help consumers make choices, people are left overwhelmed, confused or misinformed. For wellness-curious consumers, this creates hesitation at the point of purchase and limits long-term engagement. |
| Aug 21, 2025 |
Steinbach City Council votes against cannabis plebiscite Manitoba - City of Steinbach councillors voted against having a cannabis plebiscite after receiving a letter requesting one. |
| Aug 21, 2025 |
AGLC walks back "Proudly Alberta" cannabis price cut
Alberta’s cannabis agency is walking back part of a recently announced effort to promote local cannabis products by temporarily lowering its provincial markup on select items. |
| Aug 19, 2025 |
Disruptive Theme of the Week: Cannabis Staging a Comeback Cannabis ETF spent the first half of the year in the performance doldrums. But they have rallied of late on news that the Trump administration is open to reclassifying marijuana as a less dangerous drug. Despite the fact that marijuana is legal in most states, it is still federally categorized as a Schedule I drug under the Controlled Substances Act along with drugs like heroin. |
| Aug 18, 2025 |
Overwhelming Majority (80%) of Canadian Cannabis Now Sourced from Legal Distributors in Major Turnaround Nearly 80% of Canadian’s now source their cannabis solely from the legal market, marking a stark shift away from the illicit market seven years after legalisation. |
| Aug 13, 2025 |
Canada's cannabis industry contributes more than $76 billion to Canada’s GDP, generates nearly 100,000 jobs annually The cannabis industry contributed $76.5 billion to Canada’s gross domestic product (GDP) and $23.1 billion to Ontario’s GDP between legalization in 2018 and 2024, according to a new report from the Ontario Cannabis Store (OCS) and Deloitte. |
| Aug 12, 2025 |
B.C's cannabis industry wants changes to how products are labelled There are calls coming from B.C.’s cannabis sector to change the way products are labelled. Those in the industry say there’s too much emphasis on THC, the psycho-active component in cannabis, and that other qualities should be highlighted instead. |
| Aug 12, 2025 |
Alberta cannabis store workers no longer required to submit criminal background checks Retail cannabis workers no longer require a criminal record check prior to employment, according to a policy change by Alberta Gaming, Liquor and Cannabis (AGLC), with some industry experts saying the new policy is already making hiring easier. |
| Aug 7, 2025 |
Aurora Cannabis Inc (ACB) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic Positioning Aurora Cannabis Inc (ACB) reports significant revenue increases and maintains a robust cash position, despite challenges in consumer cannabis sales and rising SG&A expenses. |
| Aug 6, 2025 |
'Huge Win' for US Hemp Industry as Senate Removes Hemp-Killing Language from Funding Bill In a major win for the US hemp industry, language which could have seen ‘90-95%’ of hemp products banned has been removed from a major US agricultural funding bill. |
| Aug 5, 2025 |
B.C.’s Cannabis industry facing severe economic challenges due to excessive taxation Despite significant growth and early optimism in the regulated cannabis industry, the best operators in the West Kootenay and across B.C. remain unprofitable, according to the Nelson and District Chamber of Commerce. |
| Aug 3, 2025 |
Protest held at a Nova Scotia RCMP detachment over Indigenous-owned cannabis stores Organizers behind a protest held at a Nova Scotia RCMP detachment say police action against Indigenous-owned cannabis dispensaries represents a continued attack on Mi’kmaq sovereignty. |
| Jul 29, 2025 |
Marijuana testing laboratories sue equipment maker alleging fraud More than two dozen marijuana testing laboratories are seeking a collective $1 billion in damages from a major medical-equipment manufacturer they claim sold them faulty gear under false promises. |
| Jul 28, 2025 |
Cannabis retailers see sales surge with new shopping models As the cannabis industry evolves and competition heats up, some retailers are re-imagining the consumer shopping experience. And their efforts are translating into increased sales. |