Toronto might boast the most legal cannabis sales of any Canadian city, but its residents lag far behind those in Calgary and even Quebec City when it comes to per capita spending on recreational products. Data from Canada's federal statisticians offers early insights...
Vancouver, British Columbia, experienced the lowest per capita spending on legal adult-use cannabis products among Canadian cities last year, according to data from Statistics Canada, indicating the city has a long way to go before regulated storefronts are...
Cannabis store sales plunged in the Quebec border city of Gatineau after the province raised the legal age for buying marijuana from 18 to 21 in January 2020, according to an analysis of data provided by Statistics Canada. Sales in Gatineau reached an all-time high of...
British Columbia-based cannabis producer Zenabis Global reported a net loss of 70.5 million Canadian dollars ($56.3 million) for 2020, an improvement over the previous year’s CA$127 million loss. Net loss from continuing operations was CA$54.9 million, while the loss...
Australia’s medical marijuana sales could surpass 200 million Australian dollars ($152 million) this year, a twofold increase over 2020, fueled by growing patient numbers and better product selection, according to a new forecast by data firm FreshLeaf Analytics....
British Columbia’s Liquor and Cannabis Regulation Branch is planning to consult industry members and the public on farm-gate marijuana sales ahead of a projected launch of the program next year, a spokesperson for the province told Marijuana Business Daily.
British Columbia is pressing Canada’s federal government to revamp the country’s home medical cannabis cultivation program, calling some instances of authorized home production a significant source for the illegal market.
The monopoly cannabis retailer in Quebec expects to contribute 88 million Canadian dollars ($70 million) to provincial coffers in the upcoming 2021-22 fiscal year, according to the newly released provincial budget. The government-owned and -operated Société québécoise...
Dried flower’s overall share of the regulated adult-use cannabis market in Canada waned throughout 2020 as competition from new product categories steadily increased, the latest data from Statistics Canada shows. Dried flower still dominated the market overall,...
Retail sales of adult-use cannabis products in Canada declined to 282.8 million Canadian dollars ($225 million) in January, 5.6% lower than a month earlier, according to the latest Statistics Canada data. Sales fell in every province and territory. [include_post...
New Brunswick discontinued its request for proposal (RFP) process for the privatization of recreational cannabis sales, meaning the province will retain the government-owned and -operated store model through Cannabis NB. New Brunswick requested proposals in 2019 for a...
While rival Canadian cannabis producers plowed massive amounts of capital into cultivation infrastructure, losing billions of dollars in the process, New Brunswick-based Organigram forged a different path. Organigram - which trades on the Nasdaq and the Toronto Stock...
