Canada

The Crown corporation credits its quarterly results to its strategy of beating out the illicit market

Statistics Canada significantly lowered its sales data for August as well

A total 27 million cannabis vape units were sold over the three-month period in both countries, generating over US$900 million in revenue

While many businesses in the region were spared from the worst of the disaster, damaged supply routes will affect most in the inudstry

But other profitability metrics lagged in the quarter

A backburner project slated for years down the line quickly became reality after the province said in August that on-site sales would be allowed

The firm says it had its first EBITDA-profitable month in September

72% of cannabis users say that everyone, or almost everyone, they know consumes cannabis

The firm blamed the drop in part on 'seasonal weakness'

The 16-month investigation led to 21 arrests and 118 charges

Currently only a handful of Canadian nurseries supply genetics to hundreds of licensed pot producers

But concerns remain around its significant debt pile and an inability to pay it off

The firm upped Q3 revenue by 17% but tallied a $13.5M loss

Rose is a third-party supplier for major cannabis companies and micros in Quebec

Police estimate the value of the raid at $3.7M

Particularly the firm's new retail acquisition is turning a profit

The firm is selling in 12 international markets and has added eight more product listings in Canada

During arrests this year, police said they found hundreds of text messages with pictures of customer IDs

The company says a majority of new sales growth is coming from its focus on medical cannabis

Company stock soared 12% on Tuesday

Around 155 employees will be impacted by the decision to shut down the facilities and centralize operations

Citizen Stash shareholders approved the deal in a special meeting Nov. 1

The Netherlands could have Europe's first adult-use cannabis market

Cannabis sales have been 25% higher than estimated revenue if the pandemic didn't happen

Q2 revenue dipped 6% to $146M

Ending the provincial monopoly of online sales and delivery is being welcomed by those in Alberta's cannabis industry

70% of Canadian respondents who shop the illicit market said it's for better or lower prices

The line of skincare products is created in partnership with Israel-based Nextage Therapeutics

HYTN's sparkling THC-infused drinks are expected to be on the shelves before the end of the year

A citrus soda and two gummy flavours, all with 10mg of THC, will be available to Canadians

The transaction is expected to close around Nov. 15

Whether dressing up for a night on the town, or curling up for a scary movie at home, many will supplement their celebrations with weed

The firm's beverage sales are up 66% and the rest of its adult-use segment grew 31% this quarter

THC-infused mints and cranberry sauce vapes will be hitting shelves in select provinces this November

Legal weed sales went up 13% after little growth reported in the previous quarter

Data was collected via the Strainprint app, and is some of the first research of its kind to focus on regulated products

The firm said Ontario revenue slowed in the second half of the fiscal year due to more stores and value players entering the market

With an average price per gram of $6.50, its prices are competitive with the illicit market, says the NSLC

The proposed regulations are based on 'flawed' calculations, and would cause months-long shutdowns to change infrastructure, growers say

The changes would also allow minors to be hired to bait retailers into selling to underaged customers