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Why Ontario marijuana retail operator Cannabis Xpress is betting on tiny stores

As far as Chris Jones is concerned, sometimes you have to go small to make it big. The veteran marijuana retail operator is wagering that small, convenience-style locations are the key to sustainable retail profitability in Ontario, the largest recreat…

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Ontario Cannabis Store CEO: More stores needed in underserved markets

The chief executive of the Ontario Cannabis Store (OCS) said growing regulated recreational marijuana sales in Canada’s most-populous province depends on more brick-and-mortar stores opening in certain communities. OCS President and CEO Thomas Ha…

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Ontario accelerates cannabis store licensing to 120 per month

The cannabis store regulator in Canada’s single largest recreational marijuana market has once again increased the pace at which it issues store licenses, from 20 per week to 30 per week. The change took effect Tuesday, said the Alcohol and Gamin…

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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 the continuing importance of low-priced products in the increasingly competitive Canadian adult-use market. After the deal close…

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Ontario cannabis stores can still offer pickup, delivery during lockdown

Brick-and-mortar cannabis stores in Canada’s largest recreational marijuana market are still permitted to offer home delivery and curbside pickup during a government stay-at-home order, although their operating hours have been restricted and cons…

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Canopy boosting Ontario presence with nine new Tokyo Smoke stores

Canopy Growth plans to open nine new cannabis stores in Ontario in January under its Tokyo Smoke brand, growing its retail presence in Canada’s largest adult-use marijuana market, the company announced Friday. Canopy currently has 13 Tokyo Smoke …

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Ontario cannabis wholesaler hails ‘single largest jump’ in legal market capture

Residents of Canada’s biggest province by market size are buying more and more cannabis from the legal market, says the Ontario Cannabis Store (OCS) in a new quarterly report. Legal cannabis comprised 36.2% of all marijuana purchases in Ontario f…

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Cannabis retailer Fire & Flower reports net loss on growing revenue

Fire & Flower Holdings Corp., a major Canadian marijuana retail chain, reported 33.1 million Canadian dollars ($26 million) in revenue for the quarter ended Oct. 31. The retailer’s third-quarter income represents 15.8% revenue growth over the…