Canadian cannabis companies, trends, and data
Canadian cannabis cultivators produced a record amount of marijuana during last fall’s “croptober” – when most of the outdoor harvest comes in – despite falling retail prices and already-bulging inventories.
Canopy Growth Corp. reported the worst quarterly loss in its history as the company’s “value” cannabis sales declined as part of its business transition to “premium” products.
Marijuana customers around the world by and large shop based on one number: THC percentage.
Marijuana flower that doesn’t test above 20% THC often doesn’t make it on the shelf, and shoppers many times will pay a premium for flower that tests above 25% THC.
New York-headquartered cannabis company Tilray Brands said its wellness division, Fresh Hemp Foods, signed a distribution deal with Southern Glazer’s Wine & Spirits.
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.
Significantly fewer cannabis consumers in the Canadian province of British Columbia report buying marijuana from unlicensed stores since legalization, according to a new survey.
Canadian labor organizers say unionization and strikes among cannabis retail employees are being driven by worker concerns including low pay and health and safety issues.
