Manitoba, one of two provinces to enact rules against growing adult-use marijuana at home when Canada legalized cannabis in 2018, plans to reverse the ban.
Manitoba expected to overturn ban on homegrown cannabis is a post from: MJBizDaily: Financial, L…
Manitoba
Canadian cannabis sales drop 11.5% from December to January
Retail sales of legal adult-use cannabis in Canada tumbled by 11.5% from December to January, totaling 400.1 million Canadian dollars ($294.2 million).
Canadian cannabis sales drop 11.5% from December to January is a post from: MJBizDaily: Financial, L…
Canada tallies CA$2.6 billion in cannabis sales for 2020, up 120% over 2019
Canadian sales of legal recreational cannabis totaled 2.6 billion Canadian dollars ($2.08 billion) in 2020, as December sales increased from a relatively sluggish November. Licensed marijuana retailers across the country sold CA$298.4 million worth of …
Manitoba Man Challenges Province’s Recreational Cannabis Growing Ban
A Manitoba man is continuing his fight to grow recreational cannabis, challenging the provincial government’s ban on homegrown pot. Jesse Lavoie filed eight affidavits on Friday, seven from experts and one from himself, addressing government concerns o…
Canadian cannabis sales slip in most provinces in November
November retail sales of recreational cannabis products across Canada fell to 261 million Canadian dollars ($205 million), 3.2% lower than in October, according to the latest data from Statistics Canada. November’s sales represent the broadest fall sin…
Canadian cannabis sales pick up pace to CA$270 million in October
Canadian adult-use marijuana sales reached 270 million Canadian dollars ($211.7 million) in October, as the pace of monthly sales growth accelerated to 5.1%. The monthly sales figures imply an annual run rate of roughly CA$3.24 billion for Canada’…
As consolidation hits Canadian cannabis retail, more mergers and acquisitions expected
Consolidation is picking up among Canada’s regulated cannabis retailers as recreational marijuana sales continue their upward monthly trend, with industry insiders predicting more store mergers and acquisitions. The retail M&A trend appears t…
Canadian legal marijuana sales exceed CA$256 million in September
Canadian sales of regulated cannabis reached 256.3 million Canadian dollars ($196.4 million) in September, a 1.85% increase over August’s sales as the pace of monthly growth slowed. Statistics Canada’s September’s cannabis sales figur…
Canadian cannabis sales grow to nearly CA$245 million in August
Canadian sales of legal adult-use cannabis grew by 5.2% from July to August, reaching a monthly total of 244.9 million Canadian dollars ($186.9 million). The monthly record for Canadian marijuana sales implies an annualized market worth more than CA$2….
Corporate Cannabis Struggles While Craft Producers Thrive
CANNABIS CULTURE – Financial experts blame price wars with the legacy market, increased competition, and unexpected consumer disinterest in Cannabis 2.0 products for the plummeting stocks of corporate LPs like Aurora and Canopy. However, with the numbe…