Retail

Ontario opens retail marijuana stores! Cannabis customers in the province have been waiting for this day for a long time and finally get to experience buying marijuana from a store.

Westleaf Inc (TSX-V:WL)(OTCQB:WSLFF) has launched an online e-commerce platform to help facilitate sales in Saskatchewan for its Prairie Records stores. The website, www.prairierecords.ca, gives customers the ability to buy cannabis, accessories and merchandise

Cannabis retail has rapidly emerged as one of the most important components of the marijuana value chain. In this article, we explore some of Canada's leading cannabis retail brands.

As the cannabis industry continues to grow, so too does the demand for jobs. According to a report done by Leafly, which collects data on the cannabis industry, nearly 65,000 full-time jobs were created in the industry in 2018. And that number is only going to grow...

Canopy Growth Corp (TSX:WEED)(NYSE:CGC) is continuing to grow in the retail market in whatever way that it can. This week, we learned that yet another one of the Ontario lottery winners will open a store under one of its brands. This time, Tokyo Smoke will be the brand that's used for a store on Yonge Street in Toronto.

For all the hype that's been surrounding legalization in Canada, sales have slowed. Dried cannabis sales of 6,416 kg in October were impressive for a two-week period but that pace hasn't kept up. Here's a look.

With North America expected to become the largest cannabis market in the world, we examine some of the fastest growing cannabis retailers preparing to dominate this market.

With more retailers opening for business and the edibles market likely coming online this year, there's going to be many more growth opportunities. Here are some of the hottest cannabis stocks right now that are positioning themselves to take advantage of the fast-growing retail market.

We examine how some of the world’s largest retailers are growing their bottled water market share ahead of CBD's seemingly inevitable legalization.

Back in November of 2018, the State of Michigan officially opened for business when its first medical marijuana dispensary opened. Besides a slow first month where sales hit $7.1 million, the State has seen sales average over $11 million since then.

National Access Cannabis Corp. is one of the bigger retailers and earlier this week the Company provided an update on its operations. Since legalization back in October, National Access Cannabis Corp (NAC) has generated sales of more than $20 million through its retail network. Previously, The Company had said it had done a little over $10 million in the first 80 days, and now with 140 days gone by, that number has doubled.

The retail footprint for cannabis continues to grow. Last week, five stores in Banff, Alberta were granted development permits, although the companies set to operate those locations still are awaiting approval from the province. One of those companies is Westleaf Inc., which is looking to be one of the biggest retailers in Western Canada with its record-store like brand, Prairie Records.

How the cannabis retail market will look remains one of the marijuana's sector's biggest unknowns. Here is an overview of four big cannabis companies and their very different approaches for gaining market share in the retail space.

Canopy Growth Corp announced that it will be working with Alimentation Couche-Tard Inc (TSX:ATD.B) on a cannabis store in London, Ontario. The two companies entered into a multi-year agreement and will help support the operator of the London store, who was one of the lottery winners that was able to obtain a license to setup a pot shop in the province.

Last week, a report from Statistics Canada came out suggesting that despite the hype surrounding legalization, we haven't seen a whole lot more cannabis use. Let's break down the results and see what they tell us about the industry.

Canada's cannabis retail sector lacks imagination -- but a handful of forward-thinking Canadian marijuana producers are about to change that.

National Access Cannabis Corp. plans to be a big player in the retail landscape and their early quarterly results are a good indication that things are on the right track.

Just months after marijuana's legalization in Canada, innovative cannabis retailers are emerging to disrupt Canada's marijuana retail landscape.

The Ontario Cannabis Store received a lot of complaints about its slow delivery when it started selling pot back in October. However, the government-run organization is now looking to offer consumers much quicker turnaround times, in the form of same-day delivery.

Now that recreational marijuana sales are now well underway in Canada, we're getting more and more data as to how big the market is. Statistics Canada recently released retail sales data which showed cannabis store sales reaching $54 million in November. That's up 25% from October when sales were $43.1 million. However, October included just two weeks worth of recreational sales.

Companies have been looking at partnerships and key deals to help further their prospects for growth in the industry. We've seen beverage makers and tobacco companies link up with cannabis companies already, and that's only the start...it's branding time. And Tilray just announced a major brand partner.

National Access Cannabis' stock trades on the TSX Venture and with a market cap of around $100 million. It still has a long way to go in catching up to some of the bigger players in the industry. Could their latest acquisition help?

Medical marijuana patients in Ontario can now make cannabis purchases online through Shoppers Drug Mart's new website. The website recently launched and is designed for patients and provides information for consumers interested in learning more about medical marijuana. Here's how it stacks up against the others.

Marijuana sales in Nevada have been doing very well. Data from July until October shows the State collecting nearly $32 million in taxes from marijuana sales, which were well ahead of expectations. In just four months, nearly half of The State's expected tax revenue from marijuana for the year had already been collected.

Cannabis can be purchased in-store, online, and it can even be picked up in a drive-thru. For consumers in Vermont, the option is now available in Brattleboro. Ceres Natural Remedies sells hemp-derived cannabidiol (CBD) - which was recently legalized - and has opened the company's first drive-thru where consumers can pick up cannabis the same way they might get their fast food. While it's not the first one in the country, it's by no means prevalent just yet.

Doors to the recreational cannabis market opened on October 17th in Canada, but it'll take a little more time before we see how companies did in their first quarters post-legalization. Here's how sales are so far.

Canada’s first-mover advantage in marijuana legalization means more than just leading the proverbial “pack” in cannabis production. In fact, Canada’s true first-mover advantage in the cannabis space is much more nuanced. It lies in branding.

Cannabis consumers will soon be able to purchase pot online from Shoppers Drug Mart. The retail pharmacy owned by Loblaw Companies Ltd (TSX:L) received approved from Health Canada recently and it will be able to sell medical marijuana through its website.

In November, we saw Michigan become the latest state to legalize recreational pot while Missouri and ultra-conservative Utah both legalized marijuana for medical use. Now the doors are open for recreational cannabis sales in Massachusetts. Why US legalization is closer than ever.

From complaints and privacy breaches in Ontario to no retail footprint in BC, Canada is off to a bad start when it comes to legalization. One province is showing the rest of Canada how it's done.

The Government of Ontario unveiled more rules surrounding how retail would operate and it poses a big problem for big producers like Canopy Growth Corp. Here's why stocks fell after the announcement and how one of the biggest markets in the country could be affected.

The Second Cup Ltd (TSX: SCU) has some ambitious plans for cannabis as it looks to revamp its business model. The popular coffee shop chain has a lot of competition in its industry, and the company has seen its sales drop for two consecutive years. One way that it can improve its performance is by moving into another sector: cannabis.

The government isn’t off to a good start with its new industry. The Ontario Cannabis Store (OCS) has already run into several issues, just weeks after launching. Here are some of the many problems the OSC is already seeing and why a better retail model needs to be established.

Mugglehead visits the first legal pot shop in Kamloops, BC - an interesting experience unlike any other that we’ve had as a consumer. Here's what we thought of the overall experience.

October 17th marked the beginning of recreational cannabis sales in Canada, and there are many producers out there vying for market share. Here are the challenges for companies and why retail is THE next big critical space.