Business High Tide reports approximately $1.37M in retail sales on 4/20 Estimated figures include both brick-and-mortar and e-commerce sales, representing a 76 per cent increase from the previous Wednesday Ryan GarnerApril 25, 2022
Business Decibel Cannabis reports 5% revenue growth in Q4 Decibel marked its sixth consecutive quarter of positive EBITDA, reporting $1.5 million during the fourth quarter Ryan GarnerApril 22, 2022
Business Delta 9 to launch Canada’s first mobile cannabis store The company plans to sell products at this year's Dauphin Countryfest and the Rock the Fields Minnedosa music festivals Ryan GarnerApril 22, 2022
Business Global rolling papers sales expected to reach US$1.1B by 2032 Recreational cannabis legalization efforts across the globe are expected to boost demand Ryan GarnerApril 21, 2022
Legalization Legal recreational cannabis sales start in New Jersey New Jersey becomes the 18th U.S. state to legalize recreational cannabis, serving a market projected to reach US$2.4 billion by 2025 Ryan GarnerApril 21, 2022
Analysis U.S. legal and illicit cannabis sales totalled US$97 billion in 2021: report A new report by New Frontier Data estimated that U.S. cannabis sales exceeded spirits (US$86 billion) last year, while matching spending on beer Ryan GarnerApril 20, 2022
Business Recent acquisitions help Numinus bolster revenue 240 per cent year-over-year Numinus' gross margin improved to 29.1 per cent during Q2 2022 following acquisitions of Mindspace Psychology Services Inc. and the Neurology Centre of Toronto Ryan GarnerApril 19, 2022
Medical and Pharmaceutical Delic Labs granted permission to study psychedelics including LSD, MDMA The Vancouver-based research lab aims to increase understanding of the medical applications of psychedelic compounds Ryan GarnerApril 15, 2022
Business Valens rebounds 28 per cent, posting nearly $30M in Q1 revenue Following acquisitions and business transition, cannabis producer expects continued growth during 2022 Ryan GarnerApril 14, 2022
Canada Canada’s 2022 federal budget aims to engage cannabis sector Proposed budget includes launching a new cannabis strategy table to increase dialogue between government and stakeholders Ryan GarnerApril 13, 2022