Canopy Growth quits Canadian cannabis retail business

Canadian cannabis company Canopy Growth Corp. has thrown in the towel on its bricks-and-mortar cannabis retail operations in Canada, selling off 28 corporate-owned stores under its Tweed and Tokyo Smoke retail brands, closing five more and ending franchising and licensing agreements.

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How to navigate consolidation in the cannabis industry

Virtually all industries follow a predictable evolutionary path, from introduction to growth to maturity to decline.

As the cannabis industry evolves from growth to maturity, it’s no surprise the market is experiencing one of the most common developments – consolidation.

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