Latest In: Alcanna

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Cannabis, alcohol firm SNDL loses CA$372.4 million in 2022

Calgary, Alberta-based SNDL reported a net loss of 372.4 million Canadian dollars ($275 million) for 2022, up substantially…

News April 24
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Canada’s SNDL shifts retail strategy in deal with Nova Cannabis

Canadian company SNDL is reducing its direct exposure to marijuana retail in a multifaceted deal involving Nova Cannabis.

News December 21
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Sundial buying alcohol, cannabis retailer Alcanna for CA$346 million

Calgary, Alberta-based cannabis producer Sundial Growers said it has reached a deal to buy Alcanna, Canada’s largest private…

News October 8
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Nova Cannabis Value Buds cannabis store

How Canadian retailer Nova Cannabis plans to profit from shift to Value Buds brand

Canadian marijuana retailer Nova Cannabis will bet heavily on a value strategy after combining with a competitor, signaling…

News February 12
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Canadian cannabis retailers to merge, focus on value-conscious consumers

Alcanna is spinning off its retail cannabis business and combining it with competing retailer YSS Corp. to create…

News January 18
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Aurora Cannabis unloading Alcanna stake for CA$110M less than it paid

Aurora Cannabis is disposing of another investment for a large loss. The Alberta company said it is unloading…

News June 5
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Canada’s marijuana giants advance coast-to-coast retail plans

Two of Canada’s largest cannabis companies – Aphria and Aurora – are working to establish networks of adult-use…

News August 8
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