Retail

Canadians spent more than $85 million on legal pot in May, an $11 million increase over April, on the back of new stores opening in Ontario and B.C.

Illinois-based Cresco Labs, one of America's larger multi-state cannabis operators, wants to sell medical and recreational pot next to the iconic stadium that hosts the Chicago Cubs.

Green Growth said combining with Moxie will create the first “360 degree” cannabis company offering consumers both THC and CBD products in major U.S. retail locations coast-to-coast.

Billionaire rapper Jay-Z is jumping in the cannabis space as a chief brand strategist for Caliva, one of California's largest vertically integrated pot companies.

The Alcohol and Gaming Commission of Ontario will hold a lottery on Aug. 20 to issues the next 42 retail store licenses. Another eight stores will open in First Nations communities through a separate process.

The Calgary-based cannabis retailer saw its sales jump to $6.6 million during its last quarter when it also opened three stores in Ontario and its 15th location in Alberta under its Canna Cabana brand.

"I'm excited to bring our first products to Canada and launch KKE Oils. They are an awesome, high-in-THC product that everyone will love," American rapper Wiz Khalifa said.

CBC News reports some black market suppliers are ripping off government-approved packaging and selling imitation products as the real thing in Saskatchewan.

An annual report released by Ontario's ombudsman revealed that the OCS received the single most complaints among government organizations in the past year.

The Ottawa based firm has become one of the largest marijuana retailers in Canada, generating more than $40 million in sales since federal legalization began last fall.

The multi-state medical cannabis operator announced last week it has launched the first-ever credit card for the U.S. legal cannabis industry that's been starved for financial alternatives.

Shopify Inc.'s digital platform will be integrated with ParcelPal Technology Inc. to allow users to order cannabis in major cities across Canada within the next four weeks.

Houseplant, the cannabis supplier founded by Vancouver-born actor Seth Rogen and fellow screenwriter Even Goldberg, will be bringing its unique brand of marijuana products to Ontario this summer.

The Ohio-based cannabis company inked a deal to open up 70 new CBD stores at shopping centers operated by Brookfield Properties across the U.S.

The Alkaline Water Company Inc. (TSXV:WTER) (NASDAQ:WTER) announced last week it posted record monthly sales to a tune of $3.8 million in May—and that's without sales of its new hemp-infused water line.

The next big cannabis winners look to own the supply chain, and this first-of-its-kind cannabis logistics company has created a fully integrated omnichannel platform for both businesses and consumers.

Tweed whittled its Manitoba staff down to 64 from 73 this past week; cannabis industry still sees bright future in province's retail sector

The Alberta Gaming Liquor Cannabis (AGLC) announced last Thursday it will be lifting the ban on new cannabis retail licenses as more supply comes online in Canada.

Eight Capital initiated coverage at a $1.10 target price on Calgary-based Westleaf with the prospects its continued store expansions will generate “meaningful” revenues through 2020.

But the Edmonton-based licensed cannabis retailer saw a net loss of $38 million on the year due to expansion of stores in Ontario and Saskatchewan.

The Ontario-based cannabis company will acquire skin-care brand This Works in an all cash deal to expand its global presence and sell CBD wellness products in Europe.

The state known for its Rocky Mountains continues to set new heights with a record US$142 million in legal pot sales in March.

Las Vegas passes law to allow cannabis use inside lounges dedicated to smoking cannabis.

Fire & Flower Holdings Corp (TSX-V:FAF) four cannabis retailers in the province of in Saskatchewan.

We take a look at some of the cannabis companies redefining North America's cannabis retail experience.

Planet 13 Holdings Inc. (CSE:PLTH) has already been doing amazing since November when it launched its SuperStore location in Las Vegas. Sales have been rising each month and recently The Company even brought on Mike Tyson into the mix, selling products from his ranch on store shelves. This past weekend, on April 20, The Company announced it had its best day ever since opening the store.

Canopy Growth Corp (NYSE:CGC)(TSX:WEED) Co-CEO Bruce Linton never lacks confidence. His latest projection of where The Company is headed, however, might be a little much, even for him.

There is a big bill circulating the U.S. government that could have a big impact on the cannabis industry. The Strengthening the Tenth Amendment Through Entrusting States (STATES) Act could lead to significant opportunities in the U.S. It could help open the door to more consolidation of U.S. and Canadian operations and lead to more mergers and acquisitions. Here are five companies to watch for if the bill passes.

April 20, aka 4/20, is coming up and one way cannabis enthusiasts can celebrate it is with a CBD-infused burger from fast-food chain Carl's Jr. According to the Company, it has enough supply to be able to sell at least 1,000 burgers containing CBD.

The State of Colorado recently updated its sales numbers for cannabis, and they're continuing to slide. With $119 million in sales for February, it was the lowest month that the State had since February of last year when it earned $113 million. It was also the second consecutive month that total cannabis sales were down.

Mike Tyson launched his marijuana products with Nevada-based Plant 13 Holdings Inc (CSE:PLTH), where they would be the exclusive launch partner for his products in the State.

Unilever (NYSE:UN) is a massive consumer goods company. It hasn't acquired a cannabis company and it's not about to start growing its own pot, but one of its subsidiary companies is looking to sell CBD-infused deodorant products

Oregon has a marijuana supply problem. According to a report from the Oregon Liquor Control Commission, updated on March 2, there is nearly 1.2 million pounds of marijuana inventory sitting in the State in what it calls "usable marijuana."

Five companies in the world of cannabis retail and the progress they've been making thus far.

Marijuana has been rapidly growing in popularity. And like a weed, has been making its way into just about every aspect of day-to-day life. From cookies to beverages to clothing and even television shows, marijuana culture has been taking off. Last month, there was even a cannabis wedding expo in Calgary, Alberta.

To get a better understanding of how Canada's online marijuana market is developing, we take a closer look at some of Canada’s most promising medical and recreational cannabis e-commerce platforms.

High Tide Inc. (CSE:HITI) released its first-quarter results on Monday which showed significant growth from where The Company was a year ago.