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2024 Canadian Retail Insights

2024 Canadian Retail Insights

Neobi is excited to contribute to this year’s CCX Annual Report with data driven insights derived
from several of our data sources. The Extracts category saw strong early-year growth but
declined in Q4, likely due to seasonal demand or competition. Innovative product variations and
strategic pricing adjustments could help sustain interest and improve market share.

News
How Forest Fires are Shaping the Fate of Cannabis Cultivation

How Forest Fires are Shaping the Fate of Cannabis Cultivation

The devastating 2023 Canadian wildfire season poses significant challenges for cannabis cultivators, impacting outdoor operations with delayed growth, potential crop damage, and contamination risks, while indoor facilities face evacuation-related issues and power outages, all of which could lead to decreased yields for the industry.