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 […]
Category: Ontario
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 […]
Cannabis prospectuses in Ontario fell dramatically in 2023, data shows
The number of prospectuses filed in Ontario by cannabis companies in connection with public offerings of securities declined dramatically in 2023 compared […]
Ontario’s new cannabis store ownership cap expected to boost M&A
A new regulatory change allowing one company to operate up to 150 recreational cannabis stores in Ontario – a twofold increase from […]
Cannabis distributor Humble & Fume gets creditor protection
Humble & Fume, a Canadian cannabis and accessories distributor, received an initial creditor protection order and intends to go private. Cannabis distributor […]
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 […]
Boston Beer Company Launches Cannabis Beverage Line
The Boston Beer Company, Inc., known for brands like Sam Adams, Truly, Twisted Tea and Dogfish Head, has announced their entry into […]
Provincial windfall from Ontario Cannabis Store seen rising to CA$170 million
Ontario’s monopoly cannabis wholesaler and online retailer, the Ontario Cannabis Store (OCS), is forecasted to contribute 170 million Canadian dollars ($135 million) […]
Why Ontario marijuana retail operator Cannabis Xpress is betting on tiny stores
As far as Chris Jones is concerned, sometimes you have to go small to make it big. The veteran marijuana retail operator […]