Latest In: CIBC

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Canadian bank slashes cannabis sales forecast to CA$2.5 billion for 2020

One of Canada’s largest banks trimmed almost a billion dollars off its 2020 forecast for adult-use cannabis sales,…

News April 27
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Cannabis capital ‘rotating’ away from Canada to United States, analyst says

Marijuana businesses and investors seeking higher returns and more potential are looking beyond Canada’s relatively small and highly…

News May 30
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Full financial effect of Canada’s recreational marijuana ‘soft launch’ may be years away

When Canada becomes the first Group of Seven country to legalize recreational cannabis on Wednesday, market observers say…

News October 16
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Another big Canadian bank dips toes in marijuana sector

A new report on Canada’s legal marijuana industry by the country’s fourth-largest bank signals growing interest in the…

News May 8
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Report: Canadian Marijuana Sales Could Hit $7 Billion

An economist at a major investment bank is estimating in a new report that Canada’s marijuana market could…

News January 28
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