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New ‘cannabis strategy table,’ excise tax tweaks floated in Canada’s 2022 budget

The Canadian federal government is proposing a new "cannabis strategy table" to liaise with legal cannabis industry businesses in a new budget document released Thursday.

News April 7
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CA marijuana companies CannaCraft, March and Ash to merge

Northern California marijuana manufacturer and cultivator CannaCraft will merge with Southern California retail chain March and Ash in a deal that will likely prove mutually beneficial.

News April 7
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British Columbia considering recreational cannabis consumption spaces

The government of British Columbia is considering allowing recreational cannabis consumption spaces and has launched a public consultation on the topic.

News April 7
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Marijuana MSO Jushi expands Nevada presence by closing on $53.6M purchase

Florida-based marijuana multistate operator Jushi Holdings bolstered its operations in Nevada, closing on its previously announced agreement to acquire NuLeaf for up to $53.6 million in cash and stock.

News April 7
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Tilray launches cannabis edible in Quebec despite restrictive regulations

Canadian producer Tilray Brands has launched a line of cannabis edibles in Quebec, working around the provincial government's strict rules regarding such products.

News April 7
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GlaxoSmithKline unit inks CBD pill deal with marijuana company Cann

Cann Group Limited, an Australian cannabis producer, said it has entered into an exclusive evaluation and option deal with GSK Consumer Healthcare, a subsidiary of U.K. drugmaker GlaxoSmithKline.

News April 7
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Russian invasion of Ukraine further upends cannabis supply chain

Global supply-chain woes - first triggered by the coronavirus pandemic in 2020 - have been exacerbated by Russia's invasion of Ukraine, and the U.S. cannabis industry is expected to feel…

News April 7
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Montana adult-use marijuana sales top $15.8 million in March

Sales in Montana’s new adult-use recreational marijuana market surpassed $15.8 million in March, up from $13 million for the previous month.

News April 7
Chart showing sales and unit volume growth for Canadian vape pens 2020-2021

Canadian cannabis vape sales growth continues as consumer preferences evolve

Canadian sales of cannabis vape products continued to build from 2020 to 2021, with dollar sales up 79% and unit volume sales growing 100%, according to market data from Seattle-based…

News April 7
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