Blog
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.
From Bud to Bloom: International Cannabis Comes of Age in 2024
2024 marks a watershed moment for the international cannabis market. While describing any year as ‘pivotal’ risks cliché, for this year it’s undeniably compelling: trends long anticipated by the industry have continued to materialize now just at an accelerated pace.
Cannabis Insurance in 2025
In 2024, cannabis companies saved significantly by reassessing ins...
Canadian Cannabis: Navigating Tariffs & Global Trade Protectionism
Israeli tariffs on Canadian cannabis flower imports follow accusat...
Unpaid Cannabis Excise Tax: A Looming Crisis for Canada’s Cannabis Industry
Canada's cannabis industry grapples with unpaid excise taxes, prom...
CanMar, Canadian Cannabis Exchange (CCX) & Loud Lion Announce Strategic Partnership
CanMar, a prominent figure in health, wellness, and plant-based me...
Cannabis Regulatory: Looking Back – Looking Forward
Navigating the intricate web of cannabis regulations in Canada is ...
Market Conditions: Shuttered Giants and the Rise of Midsize LPs
The dynamic landscape of the Canadian cannabis industry has been n...
Adapting and Innovating: The Story of Canada’s Cannabis Industry After 5 Years
As we mark the 5th anniversary of legalization in Canada’s cannabis industry, it’s impossible to overlook the challenges faced by licensed producers.
3.5 Billion in Federal Funding Available To Assist the Canadian Cannabis Industry
Canadian licensed producers and processors can now access funding from the 3.5 billion CAD Sustainable Canadian Agricultural Partnership (CAP) program, aimed at boosting the competitiveness and resilience of the agriculture sector.
State of a Fragmented Market
M&A activity in the Canadian cannabis industry has sharply declined in 2023, dropping from around $9 billion in 2021 to less than $500 million YTD, primarily due to the waning effects of initial recreational legalization, declining retail growth, and the impact of the COVID-19 pandemic on cannabis sales.
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.