British Columbia allows promotion of outdoor cannabis consumption areas
British Columbia is allowing certain license holders to promote outdoor cannabis consumption areas in a bid to improve hospitality and tourism business […]
Category: British Columbia
Large British Columbia city might allow legal cannabis stores in 2024
Surrey, the second-largest municipality in British Columbia by population, is surveying residents and entrepreneurs over a draft proposal to allow up to […]
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 […]
Canadian Firm Seeks Approval to Manufacture MDMA and Other Psychedelics
A Canadian company that produces functional mushroom formulations for health and wellness has submitted a request to federal regulators that would allow […]
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 […]
Hexo strikes deal to acquire Zenabis for CA$235 million, eyes European, Canadian cannabis markets
Ottawa, Ontario-headquartered cannabis producer Hexo Corp. on Tuesday entered a definitive agreement to buy struggling competitor Zenabis Global for 235 million Canadian […]
Canopy unloads British Columbia cannabis greenhouses at large loss
Smiths Falls, Ontario-based Canopy Growth sold off two facilities in British Columbia that it once touted as the largest cannabis greenhouses in […]
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 […]
As consolidation hits Canadian cannabis retail, more mergers and acquisitions expected
Consolidation is picking up among Canada’s regulated cannabis retailers as recreational marijuana sales continue their upward monthly trend, with industry insiders predicting […]