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...
Summer 2023 marked Canada’s worst ever wildfire season, which has already burned over 10 million hectares of land and displaced thousands of Canadians. As almost every province and territory in the country dealt with forest fires, concerns have risen in in the...
Since its formation, The Canadian Cannabis Exchange (CCX) has consistently positioned itself at the forefront of innovation within the rapidly evolving cannabis industry. In 2019, drawing inspiration from screens used in oil and gas trading, CCX developed a...
Cannabis consumers are calling for environmentally friendly and sustainable cannabis packaging options. Due to Health Canada labeling and packaging requirements, the cannabis industry has significantly contributed to manufacturing and consumption. The cannabis sector...
Canadians are currently dealing with the highest inflation rate the country has experienced in decades. Prices across the country are climbing, except for one; cannabis. During inflation, the price of goods and services increase, while the quality remains the same....
Typical consumer packaged goods companies encounter minimal fluctuation in month-to-month financial reporting, but businesses that rely on variable commodity pricing such as cannabis are a different story. Cannabis companies are poised with the challenge of accurately...
