News - Business (101 items)
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| Mar 6, 2025 |
Cannabis continues to be excluded from interprovincial trade discussions Most provinces, except for PEI and Newfoundland and Labrador, have signed an agreement to allow interprovincial alcohol sales directly to consumers. The cannabis industry has been asking for similar changes for years, but was not included in the conversation or subsequent announcement about lessening restrictions on cross-provincial alcohol sales. |
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| Mar 3, 2025 |
Explaining why small cannabis producers in Alberta aren’t profitable When Canada legalized cannabis in 2018, the goal was to create a thriving legal market where small cannabis producers could find success alongside larger companies. |
| Feb 28, 2025 |
NL woman cultivating success with cannabis cafe, expands to Corner Brook "My whole idea for when people walk into an Oceanic cannabis store is for them to question is this a cannabis store," Taylor Giovannini |
| Feb 14, 2025 |
‘Incredibly Bullish’- How Canada’s Biggest Cannabis Players Are Conquering Europe (Part 1) As Canada works out how to deal with calls from its southern neighbour to become the 51st US state, it is expanding its own invasion on a very different front. Canadian cannabis’ dominance in the European market is stronger than ever, and the financial returns from some of its biggest players make it easy to see why. |
| Jan 24, 2025 |
Trudeau’s departure is a turning point for Canada’s cannabis industry
As Canada’s cannabis industry stands at a pivotal crossroads, the impending departure of Prime Minister Justin Trudeau marks the end of an era that reshaped Canada’s relationship with the plant. |
| Jan 14, 2025 |
Canada’s medical cannabis market remains steady, exports continue to increase The number of client registrations with federally licensed sellers of cannabis for medical purposes continued to remain fairly stable from March 2023 to June 2024. |
| Dec 22, 2024 |
Forgotten in the cannabis crash is how the industry is a Canadian success story There are more than 150,000 Canadians working in legal cannabis, and millions of licensed square feet of cannabis greenhouses in this country produce more than a billion grams a year. |
| Dec 6, 2024 |
Organigram Acquires Motif, Becoming Canada’s Largest Cannabis Company by Market Share Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), (the "Company" or "Organigram"), a leading licensed producer of cannabis, is pleased to announce the acquisition of 100% of the issued and outstanding shares of Motif Labs Ltd. (“Motif”), for upfront consideration of $90 million, consisting of $50 million in cash and $40 million of Organigram common shares priced based on the 30 day trading VWAP of $2.3210 on the Toronto Stock Exchange (“TSX”). |
| Nov 25, 2024 |
Health Canada gives Brock green light for cannabis testing Health Canada has granted Brock University a license to conduct cannabis analysis. The Analytical Testing license enables Brock researchers to examine samples from the cannabis industry to help companies develop their products and meet safety standards. This testing will take place using cutting-edge equipment within the Brock-Niagara Validation, Prototyping and Manufacturing Institute (VPMI). |
| Nov 14, 2024 |
Legalization hasn’t killed the black market for cannabis in Canada Legalizing marijuana was supposed to kill the illegal market but it hasn't. The reason is too much taxation, regulation and micro-management |
| Oct 18, 2024 |
First Nations cannabis industry continues to grow after 6 years of legalization in Canada An Indigenous-owned cannabis company in Chilliwack, B.C., that started out as a soverign dispensary is now setting its sights on becoming a global leader in the cannabis industry. |
| Oct 10, 2024 |
Spinach® Is the Number One Cannabis Brand in Canada TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabinoid company, is proud to announce that its award-winning brand Spinach® has risen to the best-selling cannabis brand in the Canadian market.1 Spinach’s market share outperformance represents Cronos’ relentless commitment to quality, innovation, and bringing differentiated products to the competitive Canadian adult-use market. |
| Sep 26, 2024 |
Canada’s Cannabis Sales Rise For 5th Consecutive Month, But 2024 Continues to Lag Behind Previous Ye Canada’s cannabis retail sales grew for the fifth consecutive month in July, topping CAD$440m to reach the highest level so far in 2024. |
| Aug 30, 2024 |
As another cannabis retailer tries to save itself, is the industry going up in smoke? Tokyo Smoke shutters 29 stores, seeks credit protection in latest cannabis shakeup |
| Aug 12, 2024 |
Several cannabis oils, softgels are being recalled in Canada. Here’s why Thousands of cannabis products are being pulled off the shelves across Canada over intoxication concerns arising from labelling errors — and some adverse reactions have been reported. |
| Jul 29, 2024 |
Uber Eats and Leafly partner to bring cannabis delivery to Albertans Starting tomorrow, Tuesday, July 30th, Albertans can order safe, legal cannabis and get it delivered straight to their homes thanks to a partnership between Uber Eats, a global leader in ecommerce and delivery technology, and Leafly, a leading online cannabis marketplace and information resource. Albertans 18+ can place orders from local licenced cannabis retailers in the Uber Eats app, and have it delivered to their door by the retailer’s provincially certified staff. |
| Mar 24, 2024 |
Aurora Cannabis to settle shareholder lawsuit over alleged sham pot sales |
| Jun 9, 2020 |
Canada exported record amount of dried cannabis in 2019, but mostly to one market Canadian businesses exported more dried medical cannabis than ever last year, but that growth is expected to be challenged when the country’s main export destination - Germany - initiates local production later this year. |
| Dec 28, 2019 |
Why Canada's cannabis bubble burst
More than a year ago, Canada made recreational cannabis legal. So why are people still buying it on the black market? When Canada legalised marijuana just over a year ago, it seemed like anyone who was anyone wanted to break into the market. |
| Dec 11, 2019 |
In one year, Canadians spent $908M on legal cannabis OTTAWA — Canadians spent about $908 million on non-medical cannabis in the first year since legalization, but online sales dropped as more brick-and-mortar locations opened, said Statistics Canada . |