Provincial windfall from Ontario Cannabis Store seen rising to CA$170M
Ontario’s monopoly cannabis wholesaler and online retailer, the Ontario Cannabis Store (OCS), is forecasted to contribute 170 million…
News March 25
Latest In: Canada/International
‘Cannabis 2.0’ products dent Canada’s dried-flower market
Dried flower’s overall share of the regulated adult-use cannabis market in Canada waned throughout 2020 as competition from…
News March 24
How cannabis companies can vet celebrity partnerships, avoid (embarrassing) pitfalls
When Canopy Growth introduced its CBD drink brand, Quatreau, to the U.S. market on March 2, the Canadian…
News March 22
Ontario, Alberta lead Canadian cannabis sales drop in January
Retail sales of adult-use cannabis products in Canada declined to 282.8 million Canadian dollars ($225 million) in January,…
News March 19
New Brunswick won’t privatize recreational cannabis sales
New Brunswick discontinued its request for proposal (RFP) process for the privatization of recreational cannabis sales, meaning the…
News March 19
Why cannabis producer Organigram struck a CA$220 million deal with a tobacco giant: Q&A with CEO Greg Engel
While rival Canadian cannabis producers plowed massive amounts of capital into cultivation infrastructure, losing billions of dollars in…
News March 19
Canada to launch review of cannabis industry fee structure
Health Canada will soon embark on a review of fees collected by the federal government from cannabis companies,…
News March 18
Canadian cannabis producer Canopy Growth borrows $750 million
Smiths Falls, Ontario-based cannabis producer Canopy Growth has taken out a senior secured loan worth $750 million ($932…
News March 18
Hexo CEO: Canada’s cannabis sector entering ‘most competitive phase’
Cannabis producer Hexo Corp. reported a net loss of 21 million Canadian dollars ($17 million) for its second…
News March 18
Ontario Cannabis Store appoints sixth president in three years, raising industry concern
The executive turntable at the Ontario Cannabis Store (OCS) is spinning again, with the provincial wholesale monopoly and…
News March 18
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