TORONTO—The Canadian market for next-generation cannabis products is worth an estimated $2.7 billion annually, with edibles contributing more than half, according to a new report from Deloitte.
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TORONTO—Ontario's government-run cannabis distributor has cancelled its tender for couriers to make same-day pot deliveries.
The provincial corporation tasked with the online sale and distribution of recreational cannabis posted a cancellation notice on Friday via the Ontario government's tender portal.
Customers lined up at Ontario's first brick-and-mortar cannabis stores yesterday, but fewer than half of the province's government-licensed outlets were ready to open.
The Progressive Conservative government had planned to have 25 private stores launch on April 1, but some were still working through a lengthy approval process.
TORONTO—The densely-populated Ontario municipalities that have said no to cannabis stores are a “painful haircut” to pot retailers' expectations, but some remain optimistic that some cities will give them the green light down the line, industry players say.
A legal gram of cannabis in Canada costs nearly 50 percent more than illicit pot, according to a new analysis of price quotes compiled by Statistics Canada.
The average price of a legal gram of medical or non-medical weed during the fourth quarter last year was $9.70, compared to the black market price of $6.51, the Ottawa-based agency said yesterday.
TORONTO—The union representing workers at the General Motors assembly plant in Oshawa, Ont. is promising “one hell of a fight” after the automaker announced yesterday it would close the location, along with four other facilities in the U.S., as part of a global reorganization.
TORONTO—General Motors will close its production plant in Oshawa, Ont., along with four facilities in the U.S., as part of a global reorganization that will see the company focus on electric and autonomous vehicle programs.
TORONTO—Two of Canada's biggest banks warned yesterday that “fraudsters” may have accessed certain personal and financial information of up to 90,000 customers.
The Bank of Montreal said hackers contacted the bank on Sunday claiming to be in possession of the personal information of fewer than 50,000 customers and threatened to make it public.
TORONTO—Canadians rushing to file their taxes before the looming April 30 deadline should stop to check the changes the Canada Revenue Agency has made since last season.
Whether you're a parent, a student, a commuter, or a caregiver, these changes may have an impact on your taxes.
TORONTO—Sun Life Financial Inc. is adding medical marijuana as an option for its group benefits plans, marking an industry shift and the latest sign of growing public acceptance of cannabis.
The Toronto-based insurer's chief executive Dean Connor said the move was influenced by rising interest from Sun Life's employer clients.