News - Business (220 items)
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| 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. |
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| 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. |
| Jul 24, 2025 |
Canadian Cannabis Sales Bounced Further Statistics Canada released May retail sales for the country, with cannabis sales increasing from the April levels, up 4.0% to C$485.4 million. This sequential growth was mainly due to the extra day in the month. April, originally reported at C$466.7 million, was revised slightly higher to C$466.8 million. |
| Jul 23, 2025 |
Big Alcohol prepares to fight back as buzzy cannabis drinks steal sales Top alcohol makers have been sitting on the sidelines of a cannabis beverage boom, watching brands in the fast-growing category like Cann and Wynk make deals with beer and booze distributors, and gain valuable space on liquor store shelves. |
| Jul 21, 2025 |
Albertans drinking way less booze than they used to, lead the country in cannabis sales It's been well documented by now that Canadians are drinking less than they used to, but no other province has seen a greater reduction than Alberta. |
| Jul 20, 2025 |
Inside The New Cannabis Hospitality Economy: The Shift From Gimmick To Global Business At a lakeside resort in Missouri’s Ozarks, a new kind of traveler is greeted not with champagne but with a cannabis-infused mocktail and a curated wellness itinerary. Meanwhile, on the beaches of Koh Samui, Thailand, guests at a boutique hotel book consultations with herbalists who recommend precise doses of infused teas and edibles to complement yoga classes or breathwork sessions. |
| Jul 19, 2025 |
Toronto's weed fair is back next month but last year's drama lingers Toronto's KIND Summer Fair is returning to the city from August 12 to 13, 2025 - but not everyone is lighting up with excitement. |
| Jul 13, 2025 |
Big Cannabis puts its growth hopes in dud buds
LONDON, July 14 (Reuters Breakingviews) - The weed sector is not as high as it used to be. A slow revenue grind and relentless regulatory hits have left Big Cannabis facing a chronic funk. Budding opportunities, like the flowering German market, may see some North American groups cough up for a deal to plant a foreign seed. Yet a mellow mood, and puffed-out stock valuations, are probably baked-in for the foreseeable future. |
| Jul 10, 2025 |
Will extending SQDC store hours help curb illegal cannabis sales? [Video] Starting in August, Quebec’s cannabis retailer, known as the SQDC, will keep 19 of its stores open later to try to get people to go to them instead of illicit sellers. |
| Jul 8, 2025 |
Cannabis giant TerrAscend to exit Michigan market, closing 20 stores and cutting 230 jobs More than 230 employees of the publicly traded cannabis company TerrAscend Corp. in Michigan will lose their jobs as the company, which owns brands such as Gage Cannabis and Cookies, pulls out of the Michigan market, according to a WARN Act notice filed with the state. |