Aurora Cannabis repays remainder of convertible senior debt
Aurora Cannabis says it has repaid the remaining balance of its convertible senior notes, a landmark in the Canadian producer’s efforts to […]
Category: Alberta
Alberta cannabis retailers can now sell at special events
Canada’s second-most valuable adult-use market, Alberta, now permits cannabis sales at age-restricted events such as music festivals or marijuana trade shows. Alberta […]
How many cannabis stores in Canada closed in ’23? Data paints rough picture
A record number of cannabis stores in Canada might have closed or changed hands in 2023, according to new data from regulators […]
Canadian recreational cannabis sales down 6.2% in November
Retail sales of recreational cannabis totaled 412.1 million Canadian dollars ($305.8 million) in November, a decline of 6.2% from October. Canadian recreational […]
Fourth cannabis store opens in Indigenous community in Alberta
High Tide has opened the doors for its Canna Cabana cannabis store on the Tsuut’ina Nation in the province of Alberta. Fourth […]
Cannabis pop-up stores coming to Alberta trade shows, festivals
The Canadian province of Alberta is revamping its regulations to allow cannabis retailers to operate temporary stores at age-gated events such as […]
Heavy Cannabis Use Linked to Increased Risk of Heart Problems in Canadian Study
A new research report has found that individuals diagnosed with “cannabis use disorder” have a roughly 60% higher chance of experiencing certain […]
Canada tallies CA$2.6B in cannabis sales for 2020, up 120% over 2019
Canadian sales of legal recreational cannabis totaled 2.6 billion Canadian dollars ($2.08 billion) in 2020, as December sales increased from a relatively […]
How Canadian retailer Nova Cannabis plans to profit from shift to Value Buds brand
Canadian marijuana retailer Nova Cannabis will bet heavily on a value strategy after combining with a competitor, signaling the continuing importance of […]
1-gram cannabis flower sales fell in 2020 amid pandemic, but don’t write off the small packet
Sales of 1-gram cannabis flower packages tumbled in multiple North American marijuana markets last year, likely related to consumers who shopped less […]