Latest In: CANADA

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Canadian recreational cannabis sales grow 1.3% to CA$411.7 million in April

Consumers in Canada spent 1.3% more on legal recreational cannabis in April compared to March, for total monthly…

News June 22
Alimentation Couche-Tard CANADA cannabis bankruptcy Fire & Flower Green Acre Capital Fund II Osmington Pop’s Cannabis Co. Shalcor Management Sharno Group Shawn Dym stalking-horse agreement
Customers at Fire & Flower on the first day of legal adult-use cannabis sales in Canada in 2018

Group opposes ‘fire sale’ of troubled cannabis retailer Fire & Flower

A syndicate of parties including the second-largest shareholder of Fire & Flower Holdings Corp. is opposing a proposed…

News June 21
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Aurora Cannabis reports CA$87 million loss, aims for positive free cash flow

Aurora Cannabis reported a loss of 87 million Canadian dollars ($65 million) for the three months ended March…

News June 14
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How Decibel disrupted Canadian cannabis: Q&A with exec Adam Coates

Decibel Cannabis is a rare breed among Canadian producers because it's nimble, innovative, financially prudent and has exceptional…

News June 14
CANADA Canada cannabis retail monopoly Quebec Société Québécoise du Cannabis SQDC
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Quebec cannabis retail monopoly SQDC posts CA$94.9 million annual net income

The Société québécoise du cannabis (SQDC), the monopoly retailer of legal recreational cannabis in Canada's second-most-populous province, reported…

News June 12
Alimentation Couche-Tard CANADA cannabis creditor protection Companies Creditors Arrangement Act Fire & Flower FTI Consulting Canada
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Cannabis retailer Fire & Flower granted creditor protection after ‘significant net losses’

Fire & Flower Holdings and its cannabis subsidiaries have received an initial order for creditor protection from a…

News June 6
CANADA canadian cannabis Canadian Cannabis Exchange cannabis oversupply Companies Creditors Arrangement Act Health Canada Statistics Canada Consumer Price Index unsold Canadian cannabis
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Canada’s unsold cannabis inventory balloons to 1.5 billion grams

Business failures and consolidation failed to stop Canada's stockpile of unsold cannabis from reaching a new high in…

News June 6
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Manitoba repeals 6% retail levy on legal marijuana sales

Manitoba has repealed a requirement for legal cannabis retailers to pay a 6% “social responsibility fee” based on…

News May 31
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Decibel Cannabis reports small first-quarter loss, positive adjusted EBITDA

Decibel Cannabis booked a net loss of 569,000 Canadian dollars ($418,000) in the first fiscal quarter of 2023,…

News May 31
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