Skip to main content
THANKS TO OUR SPONSORS FOR SUPPORTING STRATCANN’S WORK!

Simply Solventless reports seventh consecutive quarter of positive EBITDA

Simply Solventless Concentrates generated $502,536 in net revenue in Q1 of 2024 from its cannabis brands.

BC’s T’iitsk’in Spirit Ventures revive production at former CannTrust facility in Ontario

A company owned by a First Nation in BC is looking to grow cannabis in CannTrust’s old facility in Ontario.

Break-in at West Kelowna cannabis store

A cannabis store in West Kelowna was broken into in the early hours of Friday morning, leaving behind extensive damage and making off with a…

Week in Weed – May 25, 2024

StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending May 25, 2024.

AGLC delisting more than 500 cannabis SKUs

The AGLC has notified several licensed producers that they will soon be de-listing more than 500 slow-selling SKUs from their central warehouse. 

Indiva reports strong edibles sales, net loss of $1.8 million in Q1 2024

Indiva reported a net loss of $1.8 million from $9.3 million in net revenue in the first three months of 2024, as the Ontario producer…

Hospital visits for cannabis among older Ontarians were increasing even before legalization

A study released this week shows that the annual rate of Emergency Department visits among older people in Ontario increased post-legalization.

New authority for inspectors in New Brunswick to deal with more than 100 illegal cannabis stores

New Brunswick recently passed new legislation to give provincial inspectors more authority to target a growing number of illegal cannabis stores.

Week in Weed – May 18, 2024

StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending May 18, 2024.

BC LDB warehouse making changes to improve product freshness

BC is updating its rules for how long cannabis can sit in its warehouse before it will be returned to the producer. 

Medical cannabis registrations continue to decline in Canada

Participation in Canada’s cannabis for medical purposes access program continues to decline in the wake of legalization, with about 5,000 fewer medical client registrations and…

Rubicon Organics reports Q1 loss after strong 2023

Rubicon Organics Inc. brought in nearly $9 million in net revenue in the first three months of 2024 while reporting a $1.7 million loss on…

Delta 9 reports net income loss of nearly $5 million in first three months of 2024

Delta 9 Cannabis Inc. brought in $16.5 million in net revenue in the three months ending March 31, 2024, from its retail and wholesale cannabis…

MediPharm Labs reports continued growth in Canadian, international markets

MediPharm Labs Corp. reported a 67% increase in revenue in the first three months of 2024 compared to the same period in 2022 but still…

Alberta makes changes to retail secure storage, “simulated or actual mixing” of cannabis, and more

New cannabis stores in Alberta may have a chance to save money on their secure storage rooms after recently announced regulatory changes from the AGLC.

Cannabis stores in Ontario sold nearly $2 billion worth of cannabis in 2023

Cannabis stores in Ontario sold nearly $2 billion worth of cannabis in 2023 to more than 10 million people, a 12% increase in sales from…

More losses for Organigram in newest quarterly report

Organigram reported another loss compared to the same period last year, according to the newest quarterly report for Q2 Fiscal 2024 ending March 31, 2024.

Auxly has best Q1 report ever, but still faces losses, growing concern

Auxly Cannabis Group Inc. had a great first three months of the year, with record revenue and margin and adjusted EBITDA in Q1 2024 compared…

Week in Weed – May 11, 2024

StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending May 11, 2024.

BC again raids unlicensed cannabis shops on K’ómoks First Nation

Simply Solventless Concentrates (SSC) brought in $502,536 in net revenue in the first three months of 2024 from gross revenue of $3.1 million and net…

Organigram recalls small batch of its Big Bag o Buds for having too much THC

Organigram has recalled one lot of its dried cannabis sold in Ontario due to a labelling error. 

SNDL reports first profitable quarter for cannabis production, increased losses for retail

SNDL Inc. reported net revenue of $71.3 million from its retail cannabis operations in the first three months of 2024 and $22.4 million from its…

Cronos’ losses continue to decline while domestic, export sales increase

The Cronos Group posted a net loss of $2.4 million in the first three months of 2024, compared to $18 million in the first three…

Group launches suit against SQDC for forcing consumers to make “blind purchases”

Groupe SGF alleges that the provincial cannabis agency violates the Consumer Protection Act with ‘strain rotating’ products.

OCS to allow farmgate stores to sell exclusive products

The Ontario Cannabis Store (OCS) has plans to soon allow cannabis farmgate stores to sell cannabis products that are exclusive to their location.

Village Farms cannabis sales increase in Q1 2024, even as exports decline

Village Farms Inc, the parent company of Pure Sunfarms, sold more than $50 million worth of cannabis in the first three months of 2024, with…

Cannabis Jobs Update – May 2024

| Staff | ,
Want to work in Canada’s cannabis industry? There are always many different positions offered, from entry-level to executive, from Cultivation to Labs, from Budtending to…

Week in Weed – May 4, 2024

StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending May 4, 2024. May the Fourth Week in Weed be with…

Manitoba businesses caught off guard by province’s recent “pause” on “controlled access” retail cannabis licences

Two Manitoba businesses say they were caught off guard by a recent change to the province’s cannabis store licensing program, impacting their business plans. 

Cannabis sales continue to cool off in BC for second quarter in a row

Cannabis sales declined in BC in the first three months of 2024 compared to the last three months of 2023 but still showed year-over-year growth.

Salt Spring too small for two cannabis stores, proposed location inappropriate, say residents, council

Simply Solventless Concentrates (SSC) brought in $502,536 in net revenue in the first three months of 2024 from gross revenue of $3.1 million and net…

Canada’s cannabis industry at risk of losing first-mover advantage to US

This week’s announcement that the Biden Administration will move ahead to reclassify cannabis to a much less restricted drug class and ease federal restrictions could…

Apollo Green makes Humboldt Seed Company cultivars available to international market

| Staff | , ,
Canadian cannabis producer Apollo Green is making eight cannabis cultivars available to international markets through its partnership with US-based Humboldt Seed Company.

Cannara Biotech reports increased net loss in Q4 2024

Quebec-based Cannara Biotech Inc. saw gross cannabis revenues before excise taxes increased to $26.3m in Q2 2024, up from $15.9m in Q2 2023.

Decibel reports net loss of $1.8 million in 2023, increased revenue from exports

Decibel Cannabis generated a net loss of $1.8 million in 2023, from $177 million in net sales, with adjusted net income of $8 million, according…

Cannabis growers gearing up for spring

With this year’s outdoor planting season rapidly approaching, home cannabis growers will once again be looking for seeds and clones for their gardens.

Week in weed – April 27, 2024

| Staff | ,
StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending April 27, 2024.

OCS published its Social Impact Report

The Ontario Cannabis Store’s (OCS) Social Responsibility Strategy has distributed and invested over three-quarters of a million dollars and provided more than two dozen equity…

Farm Products Council of Canada seeks industry feedback on Industrial Hemp Promotion-Research Agency

| David Brown | ,
The Farm Products Council of Canada is seeking industry feedback on its regulatory impact analysis statement (RIAS) for the creation of the Canadian Industrial Hemp…

Indiva reports net revenue of $37.6 million in 2023, despite losses due to HC’s lozenge determination

Ontario’s Indiva reported net revenue of $37.6 million in 2023 as part of its most recent quarterly and annual report for 2023, an 11.3% year-over-year…

Manitoba to pause issuing controlled access retail cannabis licences 

The Manitoba government says it will be placing a temporary freeze on any new licences that allow convenience stores to sell cannabis.

Recall notice issued for Full Sesh ounce sold in BC, found through Cannabis Data Gathering Program

| David Brown | ,
Health Canada has issued a recall notice for cannabis sold in BC due to potential microbial contamination.

Manitoba NDP table bill to repeal ban on growing cannabis at home

In an announcement in the House today, Matt Wiebe, Minister of Justice and Attorney General of Manitoba, announced the provincial government would be lifting the…

Two enforcement actions against BC Cannabis Stores

BC’s Liquor and Cannabis Regulation Branch (LCRB) has conducted 20 inspections of its BC Cannabis Stores to ensure they check IDs since the beginning of…

Curaleaf Holdings closes on acquisition of Ontario’s Northern Green Canada

US-based cannabis company Curaleaf Holdings Inc., has closed on its acquisition of Northern Green Canada, a Canadian producer focused primarily on EU-GMP product certification for…

Judge postpones BZAM/Final Bell trial

| Staff | , ,
The judge overseeing the proceedings between BZAM and Final Bell has postponed the date for a trial following last-minute information presented to the court. 

Tether’s signature sampling events head to Calgary and Kelowna

Since legalization, we have seen cannabis events play an integral and multifaceted role in shaping the trajectory of the Canadian cannabis sector. Sampling events, in…

Canadian study provides new look at genetic markers for cannabis breeding

| Staff | ,
Simply Solventless Concentrates (SSC) brought in $502,536 in net revenue in the first three months of 2024 from gross revenue of $3.1 million and net…

Week in Weed – April 20, 2024

| Staff | ,
StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending April 20, 2024.

Manitoba NDP could lift home grow ban

| Staff | ,
The Manitoba government is expected to table legislation as early as the week of April 22 that will lift the province’s ban on residents growing…

Two of every five dollars spent on legal cannabis in Canada went to government coffers

Two of every five dollars spent on legal cannabis in Canada from 2022-2023 went to government budgets.

BZAM/Final Bell trial set to begin next week

A trial between two cannabis companies, one which recently filed for bankruptcy after acquiring the other, is set to begin on April 22.

Cannabis producers take shipping company to court over products seized at US border

Two cannabis producers are taking a shipping company to court, alleging the company attempted to take the cannabis over the US border, resulting in the…

More outdoor consumption spaces are opening in BC

More outdoor consumption spaces are opening in BC, just in time for the 4/20 weekend. 

Former Aurora CIO questioned as part of ArriveCAN hearings

| David Brown | ,
As part of its work looking into issues around the federal government’s ArriveCAN app, the House of Commons Standing Committee on Public Accounts (PACP) recently…

Still no changes to excise. Don’t be surprised.

As expected, the Federal Budget 2024 did not include any changes to cannabis excise rates, or anything cannabis related for that matter. 

Avant Brands reports increasing revenues, supported by international sales

In its most recent quarterly report, Avant Brands reported $8.1 million in net revenue and $1.2 million in net income.

Week in Weed – April 13, 2024

StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending April 13, 2024.

Quebecers still vaping cannabis, despite provincial ban

Simply Solventless Concentrates (SSC) brought in $502,536 in net revenue in the first three months of 2024 from gross revenue of $3.1 million and net…

Two new Trees locations join BC Budtenders Union

The employees at two new Trees Cannabis locations in BC have recently joined a union representing cannabis industry budtenders.

OCS: Decline in high-THC flower following launch of testing program

The OCS says they have seen a decline in the number of high-THC products in its catalogue after launching a testing program earlier this year.

More than five years after legalization, Surrey approves plan to allow cannabis stores

Surrey City Council has now approved a plan to begin allowing up to 12 cannabis stores in the city.

Tilray sees increased cannabis revenue, boosted by international sales

Tilray reported US$63.4 million in net revenue from its cannabis operations in the three months that ended February 29, 2024, one-third of the company’s total…

Diteba Laboratories Inc. files notice of intent

Mississauga-based cannabis company Diteba Laboratories Inc. filed a notice of intent (NOI) on March 2 under the Bankruptcy and Insolvency Act, listing more than $15…

Ontario issues $200,000 fine for “data deals” to cannabis retailer

| David Brown |
The Alcohol and Gaming Commission of Ontario (AGCO) has issued an administrative penalty to a cannabis retailer for alleged violations of the province’s regulatory standards…

Week in Weed – April 6, 2024

StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending April 6, 2024.

Surrey, BC, once again considering plan to allow cannabis stores 

The city of Surrey, BC, which has banned cannabis stores since the beginning of legalization, will again be considering a proposal to allow up to…

Trudeau: Concerns over cannabis legalization violating international treaties were unfounded

Prime Minister Justin Trudeau spoke of the easy transition Canada took into a legal market in an interview with the host of a French show…

Oh no! “Kool-Aid man” style car crash into cannabis store in Ontario

A cannabis store in Ontario is temporarily closed today after a car crashed through the front of their store

Lifeist begins CannMart restructuring after shareholders reject sale

Lifeist Wellness Inc. has commenced restructuring proceedings pursuant to the Bankruptcy and Insolvency Act for one of its wholly owned subsidiaries, CannMart Labs Inc. 

Heritage Cannabis seeks creditor protection

Heritage Cannabis Holdings Corp. and its subsidiaries have sought and obtained an order for creditor protection from the Ontario Superior Court of Justice pursuant to…

C3 announces new president, a former Canopy exec with extensive public service experience

The Cannabis Council of Canada (C3) has appointed a new president, a former executive at Canopy Growth with extensive experience working within the public sector…

SNDL agrees to deal for four NOVA-operated Value Buds in BC

SNDL Inc. has agreed to assign its rights to own or operate four Dutch Love stores to Nova Cannabis Inc.

Stigma Grow focuses on infused products, pre-rolls

CanadaBis Capital Inc., the Alberta-based company behind cannabis producer Stigma Grow, reported over $2 million in gross profit, $109,901 in net revenue and comprehensive income,…

Cannabis Jobs Update – April 2024

| Staff | ,
Looking to work in Canada’s cannabis industry? There is a wide variety of jobs available, ranging from entry-level positions to highly skilled roles.

Poilievre promises to preserve Canada’s pot legacy-April Fool’s!

| Staff |
Pierre Poilievre announced today that he plans to improve the cannabis industry once he becomes President of Canada.

Trudeau expected to ask for a marijuana mulligan with legalization-April Fool’s!

| Staff |
The federal government is expected to make several announcements this week on the cannabis file, StratCann has learned through a super-secret inside source.

New Brunswick says it can’t enforce its cannabis laws on First Nations reserves

New Brunswick says it is unable to enforce its provincial cannabis laws on First Nations land, while other provinces take a different stance. 

Week in Weed – March 30, 2024

StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending March 30, 2024.

Rubicon Organics shows increased growth in 2023 annual report

BC-based cannabis producer Rubicon Organics Inc. reported an increase in net revenue and a decrease in net profit in its recent year-end results for 2023.

Nova Cannabis reports first year of net earnings, driven by data licensing program

Cannabis retailer Nova Cannabis Inc. reported its first year of net revenue in 2023, as part of its recently-released annual report. 

Toronto wants more money from the province to deal with a growing number of illegal cannabis stores

The head of Toronto’s licensing and standards department says the city needs more money to enforce the law against a growing number of illegal cannabis…

Alberta worker wins appeal to have medical cannabis covered by Worker’s Compensation Board

An Albertan recently won an appeal to have their medical cannabis covered by Workers’ Compensation.

Ontario to add $31 million to budget to deal with increasing number of illegal cannabis stores

Ontario is planning to add $31 million to its budget to address illegal cannabis stores and websites operating in the province.

New Brunswick introducing legislative changes to reduce illicit cannabis sales

New Brunswick government has introduced amendments to its Cannabis Control Act with the goal of increasing compliance with provincial rules, reducing the sale of illegal…

Sales up, losses down for Auxly in 2023

The cannabis producer’s newest annual report also shows a net income of $3.9 million compared to a net loss of $66 million in the previous…

$5,000 fine for Winnipeg woman who gave out cannabis edibles on Halloween

| Staff | , ,
A woman who says she accidentally handed out illegal cannabis edibles on Halloween in 2022 has received a $5,000 fine from a provincial court. 

Government’s expert panel calls for pharmacy access to medical cannabis

As a way to improve access to cannabis for medical purposes, the federal government’s expert review panel is suggesting allowing sales through pharmacies. 

Media continues to misreport issues relating to illicit cannabis edibles

Following an incident in Halifax where several students under the age of twelve were taken to hospital after eating cannabis edibles, a new media report…

Peers Cannabis’ Giggly Bits Sativa recalled due to minor labelling error

| Staff |
Simply Solventless Concentrates (SSC) brought in $502,536 in net revenue in the first three months of 2024 from gross revenue of $3.1 million and net…
Are you of legal age in your jurisdiction? By clicking "Enter" you are verifying you are of legal age to view the content of this website, or click "Exit" to leave.