Business ShinyBud to open Ottawa’s first pot drive-thru This is ShinyBud's seventh store in the Ottawa region Natalia Buendia CalvilloApril 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
Analysis CBD market to reach US$56.2B by 2028: GMI report In 2021, CBD accounted for US$12.8 billion in sales worldwide Natalia Buendia CalvilloApril 13, 2022
Business Curaleaf to enter Caribbean market via agreement with CBD distributor The distribution agreement will bring Curaleaf's CBD products to the Caribbean, Latin America and travel retail markets Natalia Buendia CalvilloApril 12, 2022
Business Numinus to enter US psychedelics market via $26.2M Novamind acquisition The transaction is expected to close around June Natalia Buendia CalvilloApril 12, 2022
Medical and Pharmaceutical Psilocybin temporarily disrupts stages of the sleep cycle : study But whether or not the disruption helps with the substance's antidepressant properties still needs further research Natalia Buendia CalvilloApril 11, 2022