Canada Cannabis News

Legal cannabis companies contributed over $9.1 billion to Canada’s gross domestic product (GDP) during the first quarter of 2025.

After the election victory of Prime Minister Mark Carney, the Cannabis Council of Canada is calling on the new government to “address glaring gaps and shortcomings in the legal cannabis industry.”

A 57% majority of respondents to a recent survey in Canada said that cannabis is important to the country’s economy, and another 62% believe it could play a more significant role in the future economy.

Officials in Toronto said they will stop cracking down on illegal cannabis shops due to budget and safety concerns.

Canadian officials last month missed the legislated deadline to implement a program for the mass pardoning of citizen cannabis possession records.

The Boston Beer Company has launched Emerald Hour, a line of non-alcoholic, rosin-infused cannabis beverages in Ontario, Canada. The cans contain regionally sourced ingredients and 10 milligrams of THC and regionally sourced ingredients.

Canadian authorities said they took down an organized crime group on Vancouver Island in British Columbia that is believed to have produced tens of thousands of counterfeit candy bars containing cannabis and psilocybin.

Tilray Brands, Inc., announced this week it has agreed to acquire four craft breweries including Hop Valley Brewing Company, Terrapin Beer Co., Revolver Brewing, and Atwater Brewery.

Canadian cannabis company Canopy Growth this week agreed to an acquisition setting up the full takeover of Acreage Holdings, a U.S.-based multistate cannabis operator.

Despite the federal government estimating some 10,000 citizens would be eligible for conviction relief when Canada legalized cannabis, just 845 pardons for cannabis crimes have been issued since 2019.

The cannabis multistate operator MedMen filed for bankruptcy last week with the company’s Los Angeles-based subsidiary entering receivership with more than $410 million in liabilities owed.

Nearly 72% of Canadian cannabis consumers said in a recent survey that they purchase their cannabis exclusively from legal sources, primarily citing concerns about the safety of unregulated products and the convenience of the legal market.

Canada is raising regulatory fees for cannabis operators to align with the nation’s 4.4% inflation rate, impacting various license application and annual fees to support the regulation of its legal cannabis market.

Canadian cannabis operators destroyed a record amount of legal cannabis in 2022 and 2023. Since the market’s 2018 launch, licensees have now destroyed about 3.7 million pounds of product, largely due to the products being too old or low-quality.

A citizen petition in Canada’s House of Commons is seeking to raise the maximum amount of THC in cannabis edibles from 10 milligrams to 100 milligrams.

A recent survey found that after five years since Canada passed its adult-use cannabis legalization laws, 65% of consumers say they purchase only from legal sources.

Square announced this week it was entering the Canadian cannabis space through a partnership with cannabis e-commerce company Jane Technologies.

High Times, the famed counterculture publication-turned-cannabis retailer, last week entered an intellectual property partnership with Lucy Scientific, a Canada-based company with holdings and operations in a variety of psychotropic businesses.

Tilray Brands Inc. last week acquired Truss Beverage Co. from Molson Coors Canada, further expanding the company’s cannabis market share position in Canada.

Cannabis company Tilray Brands Inc. has acquired eight beer and beverage brands from Anheuser-Busch, giving Tilray the fifth-largest craft beer position in the U.S.

Canadian cannabis company Cronos Group Inc. — which is backed by cigarette maker Altria Group Inc. — is reportedly in discussions to sell the company.

Cannabis sales in Canada grew 157% from May 2020 to May 2023, according to a recent report by cannabis intelligence firm Headset.

Public health officials in Ottawa, Canada are seeking to put graphic warning labels on cannabis packaging, similar to those on cigarettes and other tobacco products.

Cronos Group Inc. announced this week it will end its hemp-based CBD operations in the U.S. by the end of Q2 2023, aiming to improve company flash flow “in the near term” and position for entering the U.S. national THC market after the necessary reforms have taken place.