Since 2021, the unpaid Canada Revenue Agency (“CRA”) excise tax has been a growing concern for the government agency and unpaid amounts ballooned to $273.4 million in 2023[1]. In response to the increasing amount of unpaid taxes, the CRA has announced it will force...
[Vancouver, March 5th, 2024] – CanMar, a leader in community, recruitment, and education in the global health, wellness and plant-based medicine landscape, is pleased to announce a strategic partnership with Canadian Cannabis Exchange (CCX) and Loud Lion Supply...
As we mark the 5th anniversary of legalization in Canada’s cannabis industry, it’s impossible to overlook the challenges faced by licensed producers. Recent headlines like “Canada’s cannabis industry burning out 5 years after legalization”, and “Canadian report...
Canadian licensed producers (LPs) and processors are now eligible for funding through the recently launched 3.5 billion CAD Sustainable Canadian Agricultural Partnership (CAP) program. This program was an initiative released by Agriculture and Agri-Food Canada in an...
Over 2023 M&A activity has plummeted in the Canadian cannabis industry. According to Viridian Capital there were around $9 billion in Canadian cannabis M&A transactions in 2021, just under $2 billion in 2022 and less than $500 million in 2023 YTD. There are...
