Search: Retail

B.C. allows private pot retailers to sell products online for in-store pick-up

The British Columbia government says new rules for private cannabis retailers will allow pot to be reserved and paid for online, but customers still have to pick up their orders in person. The province says the regulations now allow private cannabis stores to accept payments made on a website, app or by telephone. Previous licence conditions allowed customers to reserve…

Superette Expands Retail Presence into Toronto and Announces First Branded Cannabis Product

Focused expansion of an award-winning retail brand July 29, 2020 07:00 ET | Source: Superette photo-release Inside Superette’s Toronto Flagship Location At 1073 Yonge Street Superette’s Jumping Jack 510 Vape Cartridge and Battery TORONTO, July 29, 2020 (GLOBE NEWSWIRE) — Superette Inc., and its wholly-owned subsidiary Superette Ontario Inc. (collectively, “Superette” or the “Company”), are pleased to announce the opening of its second cannabis…

Fire & Flower Receives Approval in Principle for Two Cannabis Retail Locations in Vancouver, British Columbia

Leading Cannabis Retailer Opens New Provincial Market EDMONTON, AB, July 23, 2020 /CNW/ – Fire & Flower Holdings Corp. and its wholly-owned subsidiary Fire & Flower Inc. (collectively, “FFHC”, “Fire & Flower” or the “Company”) (TSX: FAF) (OTCQX: FFLWF), today that it has received the Approval in Principle (“AIP”) from the Liquor and Cannabis Regulation […] READ MORE: https://www.newcannabisventures.com/fire-flower-receives-approval-in-principle-for-two-cannabis-retail-locations-in-vancouver-british-columbia/

Head of cannabis retailer says Canada needs thousands more stores to compete with black market weed

The chief executive officer of independent cannabis retailer Fire and Flower Holdings said this week Canada needs 4,000 pot shops in order to compete with the country’s still-thriving black market.  In an interview with BNN Bloomberg, Trevor Fencott said the Canadian illicit market for weed is still more efficient than the legal one, which has suffered numerous setbacks since legalization…

How Retailers Are Using Merchandise to Boost Brand Loyalty

Part of building a returning customer base is investing in a company brand; however, dispensaries in legal markets across are regulated differently state-by-state, limiting the options for traditional marketing, such as radio or TV ads, billboards, distribution of brochures in public spaces, and more. In many states, retailers are permitted to sell merchandise donning cannabis company logos and other branding—such…

City of Saskatoon committee recommends significant reduction in cannabis retailer license fees

The City of Saskatoon’s Planning, Development and Community Services Committee has unanimously recommended that cannabis retailer license fees be reduced from the current $20,000 to $4,500 when the SLGA begins accepting new applications for stores in September. Subsequent business license renewals are expected to remain at $85 annually. To date, $120,000 in revenue from business licensing fees has been received. Before legalization, in early June, 2018,…

Canadian Cannabis Retailer Fire & Flower Quarterly Revenue Increases 142% to $23.1 Million

Fire & Flower Announces First Quarter 2020 Financial Results – Revenue up 142% to $23.1 million, improved operational performance and strengthened balance sheet DMONTON, AB, June 16, 2020 /CNW/ – Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF) (OTCQX: FFLWF), today announced its financial and operational results for the thirteen-weeks […] READ MORE: https://www.newcannabisventures.com/canadian-cannabis-retailer-fire-flower-quarterly-revenue-increases-142-to-23-1-million/

Here are the biggest stock-market bets among institutional and retail investors, ranked

IN ONE CHART There’s a pretty big gulf between how professional investors manage money and the bets made by average people. Like many things, it may have been amplified by the upside-down nature of markets and the economy in the wake of the coronavirus shock — or not. READ MORE: https://finance.yahoo.com/m/62291bce-a616-3fa1-bc11-dc2d71b16eb0/here-are-the-biggest.html?.tsrc=rss

The Hunny Pot Becomes the First Cannabis Retailer to Launch Same-Day Delivery in Ontario

TORONTO, May 26, 2020 /PRNewswire/ — It should come as little surprise that the group who is recognized for opening Toronto’s first retail cannabis store has become the first retailer to successfully execute same-day cannabis delivery in Ontario amidst COVID-19. Following the government’s announcement permitting curbside pickup and delivery on April 7, 2020, The Hunny Pot demonstrated their agility by quickly pivoting their brick and mortar business model to online curbside and delivery,…

Manitoba opening cannabis market to more retailers

  The Manitoba government is moving forward on its plan for an open and competitive cannabis retail market, Crown Services Minister Jeff Wharton announced Friday. “We are pleased to open the market further by allowing more retailers to apply for retail licences,” said Wharton in a press release. “This move will enable local entrepreneurs to create jobs and support Manitoba’s…