Business Hexo slashing 180 jobs to save $15M annually The firm had said it plans to cut SG&A expenses by 30% by the end of fiscal 2023 Kathryn TindaleFebruary 9, 2022
Business Rose LifeScience expands partnerships with Quebec craft cannabis producers It's also launching a new CBD brand with an artisanal hemp producer Natalia Buendia CalvilloJanuary 28, 2022
Canada Quebec will require vaccine passports to buy cannabis and alcohol Critics say the move will drive customers to the black market Natalia Buendia CalvilloJanuary 6, 2022
Business Cannara Biotech ups annual sales 565% to $17.3M While it's now expanded to new markets, almost all of the firm's 2020 sales were in Quebec Natalia Buendia CalvilloDecember 8, 2021
Business SQDC reports $142M in sales, net income up 28% The Crown corporation credits its quarterly results to its strategy of beating out the illicit market Kathryn TindaleNovember 19, 2021
Business Village Farms buys majority stake in Rose LifeScience for $46.7M Rose is a third-party supplier for major cannabis companies and micros in Quebec Natalia Buendia CalvilloNovember 15, 2021
Business SQDC Q1 sales reach $136.5M due to more stores The crown corporation's retail network has grown by 26 stores since June 2020 Kathryn TindaleSeptember 10, 2021
Canada Canadian weed sales bounce back to $298M in March Recreational cannabis spending reached a record $9.62M on a per-day basis in March, according to StatsCan's latest retail figures Jared GnamMay 21, 2021
Industry update SQDC reports record $23.3M Q3 profit, expands store count Quarterly profits via the province's pot monopoly increased 54% while adding 11 new stores Natalia Buendia CalvilloMarch 1, 2021
Industry update Canadian cannabis sales climb to $270M in October Ontario led all provinces for the fifth straight month with sales growing 7.6% in October to $83.9 million Jared GnamDecember 18, 2020