News - Business (347 items)
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| Apr 7, 2026 |
Canadian provinces project more than $800 million in federal cannabis tax transfers for 2026/27
Most provinces and territories have shared their budgets for the 2026-2027 fiscal years, including their most recent figures and estimates for revenue from cannabis sales and their 75% share of the federal government’s cannabis excise tax rate of $1 per gram (different rates apply for non-cannabis flower products). |
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| Apr 3, 2026 |
Cannabis beverages want a seat at the table
The conversation about cannabis beverages in restaurants, stadiums, festivals, and event venues has been building for years. What’s changed recently is the urgency behind it, driven not just by consumer demand but also by an industry watching the hospitality sector struggle under the weight of closures, shifting demographics, and a generation increasingly choosing not to drink. The regulatory framework governing where and how cannabis can be consumed in Canada remains restrictive, and the path to on-premise sales is neither straight nor short. But those closest to the file say the momentum is real, even if it’s uneven. |
| Apr 2, 2026 |
Canadians could claim part of $8-million cannabis settlement Canadians who invested in cannabis stock could cash in on a hefty settlement. Law firm Berger Montague announced the approval of an $8-million settlement in a class-action lawsuit against Canadian cannabis company Wayland Group Corp. (formerly Maricann Group Corp.). It was approved by the Ontario Superior Court of Justice on March 19. |
| Apr 1, 2026 |
Cannabis tops BC crop cash receipts DELTA – BC’s legal cannabis crop is reaching new highs, ranking as the top cash crop by value – ahead of both fresh fruits and vegetables. Canada legalized cannabis in 2018, and since then it has become a major agricultural crop. Last year, licensed cannabis producers contributed $10.6 billion to Canada’s GDP. |
| Mar 31, 2026 |
Cannabis Stocks Were Crushed in March Cannabis stocks, as measured by the Global Cannabis Stock Index, were quite volatile in 2024 and then in 2025 as well. While the index did rally in December, it fell for the year. The index dropped 14.4% in January to 5.89. February saw lower prices, but the market recovered with the index ending the month at 5.86,. March was very tough, with the index plunging 10.6% to 5.24. |
| Mar 27, 2026 |
Vancity Original® enters legal cannabis market with launch of Vancity® Cannabis Brand VANCOUVER, B.C. — March 27, 2026 — Vancity Original®, the iconic Vancouver brand founded in 1998 by Jeff “Mister Martini” Martin, is proud to announce its expansion into the legal Canadian cannabis market with the launch of The Vancity® Cannabis Brand, alongside cannabis industry veteran Brad Nishimura and award-winning cannabis lawyer Robert Laurie of AD LUCEM LAW CORPORATION. |
| Mar 23, 2026 |
US Cannabis Companies Could ‘Ring the Bell’ at US Stock Markets Under New Bill State-sanctioned U.S. cannabis businesses could soon list on major stock exchanges in their own country under legislation that a pair of congressmen filed on March 23. The bipartisan Capital Lending and Investment for Marijuana Businesses (CLIMB) Act, sponsored by Reps. Troy A. Carter Sr., D-La., and Guy Reschenthaler, R-Pa., would also provide a safe harbor to private financial institutions wishing to offer lending services to state-sanctioned cannabis businesses. |
| Mar 23, 2026 |
Canadian cannabis sales, licensed space up as extracts and edibles gain market share The latest sales and inventory figures from Health Canada indicate that total cannabis sales in the medical and recreational markets were up 21% in Q3 2025 (July-September) compared with Q3 2024. Dried cannabis continued to account for the largest share of total medical and non-medical sales at 48% (12,901,920 units), although its overall share continues to shrink from 50% in Q2 2025 and 51% in Q3 2024. The second largest cannabis product category after dried cannabis flower was cannabis extracts at 28%, which includes the fast-growing vape pen category. This was up from 25% in the previous quarter and 24% year over year. |
| Mar 23, 2026 |
De-Risking the Future: What’s Holding Traditional Industry Back from Cannabis Investment? Nearly a decade after the inception of what we would now consider the ‘global cannabis industry’, Prohibition Partners forecasts its total worth to be around $40bn in 2025, already larger than the entire global recorded music industry. Yet despite this scale, cannabis remains one of the most structurally misunderstood growth sectors in the global investment landscape. |
| Mar 20, 2026 |
Canadian Cannabis Sales Began 2026 with Growth Statistics Canada released January retail sales for the country, with cannabis sales decreasing from the December levels, down 8.4% to C$466.1 million from the all-time high monthly total. The sequential decrease was up the same 8.4% on a per-day basis more due to the equal number of days than in the prior month. December, originally reported at C$503.7 million, was revised slightly higher to C$508.6 million. The sales in December were up 6.4% from a year ago, down from the level in May at 8.3% and 7.5% in June but better than the prior lowest annual growth rate since legalization commenced of -0.9% in September 2024 and then -1.6% in October due to the BC strike. In December, growth was much slower at just 3.9%. In 2024, total sales increased 4.5% to C$5.39 billion, and they were up 4.1% in 2025 to C$5.62 billion. |
| Mar 19, 2026 |
Tilray Medical Announces Major Expansion of Medical Cannabis Portfolio in Australia (GLOBE NEWSWIRE) -- Tilray Medical, a recognized global leader in medical cannabis and a division of Tilray Brands, Inc. ("Tilray") (Nasdaq: TLRY; TSX: TLRY), today announced its largest portfolio expansion in Australia to date. The expanded medical cannabis offering reinforces Tilray Medical’s long-term commitment to the Australian market and supports increased patient access to regulated, clinically supported medical cannabis products. |
| Mar 18, 2026 |
‘Equal representation’: cannabis advocates push for public pot zones There are hookah lounges and smoking zones — and now, advocates are pushing the provincial government for public places to consume weed. The Cannabis Business Association of Manitoba is calling on Premier Wab Kinew to green-light public cannabis consumption spaces. |
| Mar 18, 2026 |
Celebrity cannabis brands continue to perform, but there’s a secret behind the success It’s no longer enough to slap a celebrity’s name and face on a generic jar of cannabis for operators to sit back and watch sales soar. Over the past three years, brands linked with famous personalities who also evoke cannabis culture have gradually but steadily outsold other celebrity cannabis brands, national sales data shows. |
| Mar 17, 2026 |
A Well-Known Beverage Company is Joining the Cannabis World A legacy alcohol powerhouse is testing its instincts in a market that rewards nerve, timing, and a willingness to unlearn the old rules. Known for Samuel Adams beer, Twisted Tea, Angry Orchard cider and Truly hard seltzer, the storied Boston Beer Company has applied decades of beverage expertise to a market that is both nascent and notoriously complex. |
| Mar 17, 2026 |
Canadian cannabis exports: Balancing global demand and domestic branding International cannabis markets have become an important outlet for Canadian producers in recent years, offering access to growing medical markets in Europe and beyond. But as global demand expands, so too do the risks. These include everything from ever-changing regulations and supply chain disruptions to the rise of domestic cultivation in overseas markets. |
| Mar 16, 2026 |
N.S. First Nation creates own law around cannabis control
A Nova Scotia First Nation has now created its own law around cannabis control. It’s called the Sipekne’katik Cannabis Control Law and according to the Chief and Council it gives the First Nation the right to govern itself, make its own laws and manage its own affairs. It means that Sipekne’katik has "exclusive jurisdiction" over how all cannabis-related activities are dealt with. |
| Mar 16, 2026 |
Canopy Growth Completes Acquisition of MTL Cannabis Creating Canada’s Leading Medical Cannabis Business By Revenue SMITHS FALLS, Ontario--(BUSINESS WIRE)-- Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) and MTL Cannabis Corp. ("MTL Cannabis" or "MTL") (CSE: MTLC) (OTCQX: MTLNF) today announced the completion of the previously announced arrangement (the "Arrangement"), whereby, among other things, Canopy Growth has acquired all of the issued and outstanding common shares of MTL (the "MTL Shares"). |
| Mar 15, 2026 |
January 2026 figures show continued drop in cannabis wholesale revenue as inventories remain steady Wholesale trade and sales for cannabis merchant wholesalers have continued to decline from a peak of about $288 million a month in 2024 and 2025. The most recent figures from Statistics Canada show that sales for cannabis merchant wholesalers were $213.4 million in January 2026, a 13% decline from the previous month and a 29% decline from January 2025. |
| Mar 13, 2026 |
AGCO reverses policing of the word "dispensary," now says stores can use the term outside of medical context Following a recent enforcement push, the Alcohol and Gaming Commission of Ontario (AGCO) now says it will no longer prevent cannabis retailers from using the term "dispensary" in their business descriptions as long as it does not inherently imply medical advice or a medical context. |
| Mar 10, 2026 |
Canada's Organigram makes $268M move into German cannabis market Canada's largest cannabis producer is expanding its global reach with the acquisition of a major player in the world’s second-biggest market. |