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…
Saskatchewan
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 …
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…
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…
Saskatchewan Woman Says Use Of Cannabis To Help Her Addiction Not Accepted
For Shelby Curtis, keeping away from hard drugs starts with quieting her thoughts. The 26-year-old got a prescription to use cannabis medicinally earlier this year while in recovery and living in Regina’s Raising Hope housing program for new mothers fa…
Retrofitted Sea Cans To House Regina’s First Micro Cannabis Cultivator
A Saskatchewan company is preparing to grow marijuana in sea cans at an undisclosed location. Rick Turchet, president and CEO of VIGR Life Cannabis Inc. (VIGR), said they were recently issued two micro cultivation licences by Health Canada and have sta…
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….