Retail sales of adult-use cannabis products in Canada declined to 282.8 million Canadian dollars ($225 million) in January, 5.6% lower than a month earlier, according to the latest Statistics Canada data. Sales fell in every province and territory. Alb…
quebec
Government-run cannabis stores in Quebec, New Brunswick post profits
The government-run cannabis store operators for Quebec and New Brunswick reported quarterly profits for the periods ended Jan. 2, 2021, and Dec. 27, 2020, respectively. Quebec’s Société québécoise du cannabis (SQDC) posted net income of 23.3 million Ca…
5 Early Cannabis Industry Trends To Watch In 2021
5 Early Cannabis Industry Trends To Watch In 2021
Cannabis is growing exponentially and the addition of more legal states means that the industry is going to have another massive year.
The post 5 Early Cannabis Industry Trends To Watch In 2021 appeared…
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 …
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’…
Hexo doubles down on cannabis beverages, cuts loss to CA$4.2 million
Canadian cannabis producer Hexo reported a net loss of 4.2 million Canadian dollars ($3.2 million) for the quarter ended Oct. 31, 2020, a significant improvement over its CA$170 million loss in the previous three-month period. The Ottawa, Ontario-based…
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….
The Genesis of Jean Guy, the great French Canadian strain
Frosty green buds, a strong citrus smell and a lingering lemon-pine aftertaste have fans raving about this heavy hitter.
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Legal cannabis delivery and pick-up options in Canada
Get cannabis delivered to your door or order ahead to pick up in-store.
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