Price, Quality, and Access Are Key for Canadian Consumers

There was much speculation throughout 2018 about Canada’s soon-to-be-legal cannabis market. But only recently has data become available that shows what cannabis consumers really want and actually buy. For example, Statistics Canada recently released its National Cannabis Survey. The most-discussed finding is that cannabis consumption did not jump after legalization in October. The proportion of

Continue reading »

‘Big cannabis’ already controls most of Canada’s adult-use market

Canada’s largest licensed cannabis producers already have a stranglehold on the country’s regulated recreational market just four months into legalization, according to analysts. Canaccord Genuity estimates Canopy Growth and Aurora Cannabis combined represented almost 50% of the sales volume in the first three months of legalization. “After including estimated contributions from Tilray and Aphria, we

Continue reading »

Tilray to accelerate expansion in CBD market with Manitoba Harvest acquisition

Cannabis giant Tilray is expanding into the natural foods category with the acquisition of hemp foods company Manitoba Harvest for 419 million Canadian dollars ($319 million) in cash and stock in an effort to capitalize on cannabidiol-infused products in North America. The acquisition will accelerate British Columbia-based Tilray’s expansion into the U.S. and Canadian markets

Continue reading »