As the doorbell at Thomas H. Clarke’s independent legal cannabis shop goes non-stop, its owner laments its looming closure. “I did $1.4 million in sales, which is the highest sales of any retailer in Newfoundland, as far as I know. And I’m just barely scraping by,” Clarke said Thursday. Nearly …
Read More »Fresh off U.S. IPO, Sundial’s sales place it among Canada’s top 10 cannabis producers
Sundial brought in $19.3 million in net revenue for its most recent quarter. Sundial Growers Inc., a Calgary-based cannabis producer that went public two weeks ago, brought in $19.3 million in net revenue for its most recent quarter, placing it among the top 10 cannabis companies in the country in …
Read More »Cannabis baked goods, confectionery products expected to be big draw for consumers once legal
Edibles are piquing the interest of non-cannabis consumers, appearing to be a potential gateway into a new consumer market, suggest new survey results’ With cannabis legalization 2.0 around the corner—involving commercial cannabis-infused edibles, beverages, concentrates and topicals—the new figures from EY Canada and Lift & Co. are timely, indeed. The …
Read More »