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Canadian Retail Cannabis Sales Increased 36% in November to $354 Million

Statistics Canada released November retail sales for the country this morning, with cannabis sales decreasing from October by 2.9% to C$353.7 million. The sales were up 36.3% from a year ago, up slightly from 35.7% in October. Hifyre IQ had forecast sales of C$348 million based upon its data. The data analytics provider has been estimating December sales to […] READ MORE: https://www.newcannabisventures.com/canadian-retail-cannabis-sales-increased-36-in-november-to-354-million/

HempFusion CBD, In exclusive partnership with Verdant Nature LLC Achieves Major Regulatory Milestone, Ready to Drive Significant Revenue Growth at Retail

Self-Affirmed GRAS status and recent regulatory achievements position HempFusion to meet or exceed US & global standards for CBD products DENVER, January 12, 2022–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (OTCQB:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company offering premium probiotic supplements and products containing CBD, announces that its exclusive and proprietary hemp-derived CBD extract has achieved self-affirmed…

Premier Canadian Cannabis Retailer, Trees Corporation, Goes Public on the NEO Exchange

Company selects NEO to access wider investor base and enhanced liquidity NEO is proud to welcome Trees Corporation (“Trees” or the “Company”), a premier Canadian cannabis retailer, as they list today on the NEO Exchange. Trees is now available for trading on NEO under the symbol TREE. Deeply rooted in the cannabis community, and serving as a respected voice of advocacy for cannabis legalization, there…

High Tide Expands Retail Presence in Hamilton, Ontario, and Provides Update on Cabana Club Membership

High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that its Canna Cabana retail cannabis store located at 905 Rymal Road East in Hamilton, Ontario, has begun selling recreational cannabis products for adult use. This opening represents High Tide’s 106th branded retail location…

High Tide expands retail presence in Hamilton cannabis market

High Tide (NASDAQ:HITI) announces the opening of its third Canna Cabana retail cannabis store in Hamilton, Ontario. The store starts selling recreational cannabis products and consumption accessories for adult use, representing High Tide’s 106th branded retail location across Canada, and 32nd in Ontario. Also, the retailer reports a nearly 47% growth in Cabana Club’s membership over the three months period. “2021 was a banner…

High Tide to Acquire Fastendr™ Retail Kiosk and Smart Locker Technology Through Acquisition of Bud Room Inc.

CALGARY, Alberta–(BUSINESS WIRE)–High Tide Inc. (“High Tide” or the “Company”) (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that it is taking yet another step to introduce innovative technology into both its bricks-and-mortar retail cannabis operations, as well as third party retailers, by entering into…

Canadian Retail Cannabis Sales Increased 36% in October to $364 Million

Statistics Canada released October retail sales for the country this morning, with cannabis sales increasing from September by 2.8% to C$364.2 million. The record sales were up 35.7% from a year ago, the lowest annual growth to date and down from 38.2% in September. Hifyre IQ had forecast sales of C$360 million based upon its data. The data analytics […] READ MORE: https://www.newcannabisventures.com/canadian-retail-cannabis-sales-increased-36-in-october-to-364-million/

Whistler unveils cannabis retail strategy at long last

Municipal hall has received more than 200 cannabis inquiries since 2018 As the Resort Municipality of Whistler (RMOW) is finally moving ahead with a strategy for cannabis retail, storefronts could be open for business by mid-to-late 2022—and there is no shortage of interest at municipal hall. Since Canada officially legalized cannabis in October 2018, the RMOW has received more than 200 inquiries from potential…

The future of cannabis retail stores in Centre Wellington and Mapleton

Since the legalization of cannabis in Canada, all but two municipalities in Wellington County have opted in with cannabis retail: Centre Wellington and Mapleton. In January of 2018, municipalities had to decide whether to opt in or opt out of cannabis retail. Once opted in, municipalities were told they could not opt out. The Townships of Guelph/Eramosa, Puslinch, Wellington North,…

Fire & Flower Announces Key Retail And Digital Milestones

Launch of PotGuide and Wikileaf Canadian E-Commerce Platforms Leverage a Milestone 100 Cannabis Retail Store Network with 360,000 Spark Perks™ Members TORONTO, Dec. 2, 2021 /CNW/ – Fire & Flower Holdings Corp.  (“Fire & Flower” or the “Company”) (TSX: FAF) (OTCQX: FFLWF) and its wholly-owned subsidiary Hifyre™ Inc. (“Hifyre”), today announced significant, interconnected milestones driving the Company […] READ MORE: https://www.newcannabisventures.com/fire-flower-announces-key-retail-and-digital-milestones/