Search: Retail

Canadian cannabis market continues to grow, with Ontario nowhere near retail store saturation: Brightfield

Retail served as the main driver of a 118 per cent increase in Canada’s recreational cannabis market last year, with the much-anticipated rollout of stores in Ontario quickening its pace and Alberta witnessing steady growth. “The opening of retail outlets drove growth in 2020,” notes a new report on Canada’s recreational weed market from Brightfield Group, a consumer insights and market intelligence…

Newfoundland looks to add more cannabis retail stores, improve delivery times for online ordering

Over the past year, cannabis purchasing habits in Newfoundland and Labrador have mirrored growth in the entire country, which saw sales peak last December before falling in the first month of 2021. But sales in Newfoundland and Labrador have increased despite long delivery times and a strike that affected more than half the province’s 30 cannabis retailers, reports CBC. According to Bruce Keating,…

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Prepares for Upcoming Retail Launch of Vapes and Gummies

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, today announced its purchase of over 500 kg of high-potency dry cannabis flower. The purchase is in preparation for next month’s launch of retail sales of the company’s Pure Pulls vapes and Pure Chews edible…

High Tide Acquires Leading E-commerce Retailer Smoke Cartel

CALGARY, AB, March 24, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company“) (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition (the “Acquisition“) of Smoke Cartel Inc. (“Smoke Cartel“) (OTCQB: SMKC) and now operates both the largest and second largest…

New Brunswick weed retail rights no longer on selling block, as Cannabis N.B. model retained

The New Brunswick government has opted to pull back away from its search for a private company to take over the province’s cannabis retail, with the move attracting mostly support, but also a call to reset the current approach. On Friday, the provincial government announced it had discontinued its request for proposal (RFP) process — which kicked off in the…

Canadian pot sales tumble 5.6% in January as COVID lockdowns, ease on spending weigh on retailers

It was a sluggish start of the year for Canada’s cannabis market as sales fell by more than five per cent in January from the prior month, according to Statistics Canada.    Canada’s pot sector sold $282.8 million of cannabis products in January, a 5.6 per cent decline from the December high of $298.4 million, StatsCan said Friday. Sales were…

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Flagship Products Now Available through Key California Mobile Retail Distribution Platform

Grapefruit USA’s (OTCQB: GPFT) patented, disruptive Hourglass(TM) time-release THC+ Cannabinoid delivery cream and full-spectrum RSO cannabis oil are now available on Crown Genetics’ retail delivery online platform. GPFT’s flagship products can be found in the Wellness section and can be purchased in California. This means that consumers living in Los Angeles can order the Hourglass cream of full-spectrum RSO oil…

High Tide Expands Ontario Footprint with First Canna Cabana Retail Cannabis Store in London

CALGARY, AB, March 15, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company (TSXV: HITI) (OTCQB: HITIF) (FRA: 2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that the Canna Cabana retail store located at 760 Hyde Park Road in London, Ontario (the “London Store”) has begun selling recreational cannabis products for adult use. This represents High Tide’s…

High Tide Opens 75th Branded Cannabis Retail Store in Canada

CALGARY, AB, March 10, 2021 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (OTCQB: HITIF) (FRA:2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that the Canna Cabana retail store located at Unit 115 – 8835 MacLeod Trail SW, in Calgary’s Haysboro neighbourhood, has begun selling recreational cannabis products for adult use. This opening…

Green Thumb Industries Enters California Retail Market with Opening of Essence Pasadena on March 10

Green Thumb’s Retail Presence Now Spans 11 States Essence Pasadena is Green Thumb’s 53rd Store in the Nation First Day Profits to Benefit the Pasadena Chamber of Commerce Foundation’s Minority Small Business Initiative CHICAGO and PASADENA, Calif., March 10, 2021 (GLOBE NEWSWIRE) — Green Thumb Industries, a leading national cannabis consumer packaged goods company and retailer, today announced it will open…

Why Ontario pot retailers are worried about a new wave of cannabis stores set to hit the market

After a stalled rollout, Ontario is aiming to approve dozens of cannabis retail outlets each week with the goal of hitting 1,000 stores across the province by the fall. But the prospect of more competition, especially during a pandemic, has some in the industry predicting a shakeout in the marijuana marketplace.   Vivianne Wilson, the founder and president of GreenPort Cannabis on College Street…