Briefs Canada cannabis earnings finance international Nova Cannabis sndl Spiritleaf

Canadian cannabis operator SNDL halves annual loss to CA$176.6 million

Alberta cannabis and alcohol company SNDL cut its annual loss in fiscal 2023 in half – to 176.6 million Canadian dollars ($130.5 million) – on strong sales growth.
Canadian cannabis operator SNDL halves annual loss to CA$176.6 million is a post from: M…

Alberta Alcanna canada recreational cannabis Canada retail sales Canadian Medical Marijuana & Cannabis Industry News cannabis mergers and acquisitions discount programs Featured Marijuana Business & Cannabis Industry News Marijuana Dispensary & Cannabis Store News Nova Cannabis Ontario Recreational Marijuana News Saskatchewan YSS Corp

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…

Alcanna aurora cannabis Canadian Medical Marijuana & Cannabis Industry News Cannabis Industry & Marijuana Business Briefs Darren Karasiuk International Marijuana Business News MedReleaf Nova Cannabis Sweet Tree YSS

Canadian cannabis retailers to merge, focus on value-conscious consumers

Alcanna Inc. is spinning-off its retail cannabis business and combining it with competing retailer YSS Corp. to create one of the largest networks of recreational marijuana stores in Canada, the companies announced Monday. The deal is the latest in a s…