Has competition in the Canadian cannabis market finally reached its climax?

Some advocates would say so, considering that unpaid marijuana regulatory fees have grown ten times over the years, according to data from Health Canada, reported MJBizDaily. (Benzinga) 

According to some industry officials, this could indicate a symptom of “squeezed producers” who are overburdened and therefore obliged to pick which bills to cover on time. 

A small percentage of Canadian nephrologists reported prescribing cannabis for chronic kidney disease management, according to data published in Kidney Medicine.

Further, nephrologists reported that the legalization of medical cannabis in 2018 did not have a great impact on their practice or prescriptions.

“Given the paucity of evidence regarding the safety or efficacy of cannabis in CKD, understanding current attitudes and practicing patterns of nephrologists is critical,” Kevin Gitau, MD, from the division of general internal medicine at St. Michael’s Hospital of Unity Health Toronto at the University of Toronto in Canada, and colleagues wrote.

TOQi Technologies Ltd., has partnered with Cannabis Amnesty, to launch the TOQi Fellowship for Cannabis Amnesty. The inaugural Fellows, who will begin their internships during the summer of 2022, will also be supported by Aurora Cannabis Inc. The TOQi Fellowship is a summer internship program running May through August for individuals who wish to gain experience in advocacy and communications. The two salaried positions will receive mentorship, networking opportunities, and insight into all aspects of the cannabis industry and Cannabis Amnesty's mission to help those harmed by cannabis prohibition. (Benzinga)

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that it has reached a total of 36 product SKUs in its provincial listings across Canada.

The product mix includes 17 Pure Pulls vape SKUs and 19 Pure Chews edible gummie SKUs for sale in licensed dispensaries in British Columbia, Alberta, Saskatchewan, Ontario and New Brunswick as well as on the Abba Medix national medical platform. 

Canadian cannabis firm OrganiGram (OGI) published several company updates plus a list of new products on Mar. 24. Before this morning’s opening bell, OGI stock was trading 5.99% higher.

Growth Trajectory

According to OrganiGram, the company has occupied “the #3 market share position among Canadian licensed producers for the second month in a row.” Furthermore, the firm kept its #1 market share position in dried flower, which represents roughly half of the market in Canada.

CEO Comments: Growth

“The growth and progress we have made in a relatively short time are a testament to the great brands and products we are putting into the market, which clearly continue to resonate with consumers,” CEO Beena Goldenberg remarked.

Greenway Greenhouse Cannabis Corporation (CSE: GWAY) ("Greenway Greenhouse" or the "Company"), a federally licensed cultivator for the Canadian cannabis marketplace, is pleased to announce their inclusion in the CSE 25 Index™ ("CSE25"), a subset of the Canadian Securities Exchange (CSE) Composite Index containing the securities of the twenty-five largest index companies by market capitalization.

Since April 2, 2021, YCharts has provided data throughout. Listed at number one are Aphria Inc. and Cannabis Inc. It is referred to as the APHA (Association ofPHA). I have a list of #2 Canopy Growth Corp. (WEED. TO#3) Aurora Cannabis Inc. It can also be found at Accordica CB (ACB). In TO: #4 Village Farms International Inc. (VFF. To) eighth out of 10 is Horseshoe Corp. (HEXO. #9 Fire & Flower Holdings Corp. of Fire & Flower Holdings, Inc. (FAF. In Number 10, Zenabis Global Inc. (ZENA.