Canadian Cannabis market

Canada's cannabis industry is about to hit C$6 billion (nearly $4.4 billion) in retail sales. In its latest report, analysis firm Z&A looks into the thriving year-on-year surge in recreational sales and the worrisome downturn in the medical marijuana sector. The report...

In a recent report by Zuanic & Associates, a comprehensive analysis of Canada's cannabis industry highlights both promising growth trends and concerning gaps in comparison to the United States. The data reveals that while Canada's cannabis market is experiencing decent growth, it falls...

The Canadian cannabis market is abuzz with competition. The latest data from Hifyre, as analyzed by Zuanic & Associates, highlights a heated race in the pre-roll segment. In the second quarter of 2023, a staggering 1,475 pre-roll SKUs were registered, originating from a diverse pool of 148...

Cannabis pre-rolls are emerging as a key driver of the growth of Canada’s recreational cannabis market. Which other cannabis products have seen significant growth in the second quarter of 2023? And, how do these trends provide valuable insights for industry players in Canada's...

Year-to-date, Canopy Growth (NASDAQ: CGC) stock lost 68.45%, compared to AdvisorShares Pure Cannabis ETF (ARCA: YOLO) that went down 33.94%, and SPDR S&P 500 (ARCA: SPY) gaining 21.83%.  Just last week the Canadian cannabis giant confirmed it is divesting its...

When the federal Cannabis Act came into effect in October 2018 and Canada became the second country in the world, after Uruguay, to legalize adult-use cannabis, needless to say, the market exploded. Today the biggest names in the Canadian cannabis space include Aurora Cannabis (...

The global pandemic and following lockdowns impacted almost every sector of the economy. And the Canadian cannabis industry was no exception. Adult-use cannabis retail sales in the country experienced sequential growth of barely 4% in the first quarter of 2021, compared to the 12% surge seen in Q4...

Cannabis products producer The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) has agreed to buy LYF Food Technologies Inc., a cannabis edibles producer, in a cash and share transaction for CA$24.9 million ($19.6 million). The price tag will include an extra CA$17.5 million...