Marijuana Business News

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stocks
business
Wed
20
Apr

The best cannabis drinks in Canada right now

drinks

Somebody left the tap running on Canada’s cannabis drinks scene and now the market is overflowing with options. Don’t stress. You will not need a mop for cleanup—a chilled glass will do. Because this is not a complaint, but a celebration.

Not only has Canada’s legal cannabis 2.0 produced some delicious bevies, but it’s also providing an accessible new route to legal cannabis enjoyment for those reluctant to chow down on an infused gummy or light a pre-roll. We get it, you’ve been mis-dosed before.  

Tue
19
Apr

Health Canada approves Grapefruit USA's Hourglass Time Release THC+CBD delivery cream for sale

cannabis plant

Grapefruit USA, Inc., announced that its notice of new cannabis product (“NNCP”), filed with Health Canada on Jan. 11, 2022, was approved by Health Canada on March 21, 2022, under NNCP ID No. NP-V2EHUWO907. As a result, Grapefruit is now authorized to sell its patented Hourglass Time Release THC+CBD infused topical delivery cream to licensed retail outlets throughout Canada.

Tue
19
Apr

Destination Dispensary: Burb transcends cannabis culture in tribute to ‘Legacy B.C. Bud’

store

Destination Dispensary celebrates cannabis retail’s highest design concepts across North America. Each aesthetically elevated store featured has redefined and set a new standard for the cannabis shopping experience in the post-legalization era.

The mission at Burb — one of Canada’s earliest networks of licensed cannabis retail stores — has not wavered In the five years since I first discovered the dispensary chain that has evolved into an all-encompassing lifestyle brand.

Tue
19
Apr

A ‘Wild West’ of marijuana shops grows in Toronto

Toronto

As Toronto slowly comes back to life after two years of repeated lockdowns and closures, the wreckage of the pandemic is surfacing like cigarette butts in melted snow drifts

If you are hankering for a government-sanctioned joint, then you have come to the right city, writes author Catherine Porter of New York Times.

Tue
19
Apr

Canada's top cannabis beverage brand, XMG, introduces bold innovation in time for 4/20

drinks

XMG ALT offers a new smoke-free alternative for Canadians to sip on and celebrate the year's biggest cannabis celebration

Ahead of the biggest cannabis celebration of the year, XMG, Canada's number one cannabis beverage brand1, has announced the expansion of its winning portfolio with new XMG ALT. Offering avid cannabis consumers an alternative way to celebrate 4/20, XMG ALT delivers the same bold flavours and higher impact (at 10mg THC) as its predecessor, but now with zero sugar and zero calories.

Mon
18
Apr

2 cannabis stocks better than Sundial Growers

cannabis

Here’s why Green Thumb Industries and Cresco Labs are much better long-term bets compared to Sundial Growers.

Sundial Growers (NASDAQ:SNDL) has been among the worst-performing cannabis stocks on the equity market. Similar to most other cannabis producers in Canada, Sundial is wrestling with a range of issues that include shareholder dilution, low profit margins, high inventory levels, an increase in competition, overvalued acquisitions, and cannibalization from illegal markets, among others.

In the last few quarters, Sundial has looked to improve its bottom line by focusing on the sale of high-margin items and reducing its product portfolio. It has also financed other cannabis producers, thereby diversifying its revenue base.

Mon
18
Apr

‘It’s easier to sell a dream than reality’: Inside Canada’s cannabis crash

Canada cannabis

Marijuana was set to be Canada’s next multi-billion-dollar industry. Four years post-legalization, stocks are down, production has stalled and the illegal market is thriving. How did we get weed so wrong?

Jennifer Danyluk moved from small town New Brunswick to Edmonton in 2007, joining nearly 19,000 Maritimers who’d been beckoned by the booming oil economy. Back then, there was demand for literally everyone—pipe fitters, homebuilders, store clerks. For a young and ambitious accountant like Danyluk, Alberta was the land of opportunity.

The only home Danyluk, her then husband and their two young children could find to rent was shared with another family who had also moved over from across the country.

“We knew it was going to be worth it,” she says.

Mon
18
Apr

Hemp trade poised to grow in Alberta, say experts

Alberta

Conference aims to promote crop

Hemp could become the next big crop in Alberta now that big processing plants have arrived, say advocates at an upcoming conference.

About 200 people will gather at the Edmonton International Airport’s Renaissance Hotel April 21 for the Exploring the World of Hemp Opportunities conference.

Hemp is an emerging industry which could create jobs and diversify Alberta’s economy, said St. Albert resident Perry Kinkaide, who organized this conference on behalf of the Alberta Hemp Alliance.

“Everyone is ‘high’ on the value of hemp seed and hemp oils as a nutritional food source,” he noted, and researchers are finding new uses for hemp fibres in fabrics, plastics, and airplane components.

Thu
14
Apr

Cirona Labs' Cam MacNeil on why product quality is key in cannabis

cannabis

Plus, his work with Guardian Athletic and innovation in the beverage space

Cam MacNeil is a seasoned marketing and sales professional, with experience working on global consumer brands such as Coors Light, Cheerios and Jose Cuervo.

In 2018, Cam joined the cannabis industry, leading the development of Canada's first THC-infused cannabis drink at Canopy Growth Corporation. He became director of global product development for Canopy's Beverages & Edibles division, overseeing 30-plus product launches from brands such as Houseplant, Quatreau and Martha Stewart CBD. He currently serves as chief commercial officer of Cirona Labs, a U.S.-based biotech company that uses scientific research to create more effective cannabinoid ingredients.

Thu
14
Apr

Delta 9 enters into agreement with Manitoba to become cannabis distributor

logo

DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) ("Delta 9" or the "Company"), is pleased to announce that, through its new wholly owned subsidiary Delta 9 Logistics Inc., it has entered into a Limited Cannabis Distribution Agreement (the “Distribution Agreement”) with Manitoba Liquor and Lotteries Corporation (“MBLL”) and the Company anticipates becoming one of Manitoba’s first licensed cannabis distributors.

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