The once-high-flying Canopy Growth Corp. announced Tuesday that it’s selling off all of its retail cannabis stores across Canada in order to focus on “its path to profitability.” That path means being more of a core consumer packaged goods business instead of a...
Canadian licensed producers have destroyed a growing amount of cannabis every year since adult-use legalization nearly four years ago, with 2021’s record quantity far exceeding the product sold that year, an MJBizDaily analysis has found. The latest data...
Canadian marijuana companies awaiting a potentially major regulatory overhaul that could pump new life into the country’s fledgling infused beverage market will have to wait a bit longer. Canada’s federal health department told MJBizDaily that proposed changes to...
Canadian cannabis companies awaiting a potentially major regulatory overhaul that could pump new life into the country’s fledgling infused beverage market will have to wait a bit longer. Canada’s federal health department told MJBizDaily that proposed...
Canadian sales of legal cannabis pre-rolls nearly doubled between 2020 and 2021, outstripping total marijuana market growth as convenience-seeking consumers increased spending on the ready-to-smoke form factor, according to data from Seattle-based cannabis-analytics...
Canada’s top cannabis regulator has been busy blowing the whistle on possible business-related foul play.Health Canada referred nearly 500 cannabis business-related cases to the Royal Canadian Mounted Police (RCMP) for possible enforcement action during the two years...
