Category: Retail & Ecommerce

Stats Canada: Looking back from 2020, how cannabis use and related behaviours changed in Canada

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Stats Canada: Looking back from 2020, how cannabis use and related behaviours changed in Canada
  OTTAWA  – By late 2020, one in five Canadians (20%) reported having used cannabis in the past three months, which was more than both the 14% reporting use before legalization and the 18% reporting use in the first few months after enactment of the Cannabis Act (October 2018). Daily or almost daily use also increased to 7.9% from 6.1% in 2019 and 5.4% in 2018. These findings... Read More

Pure Extracts to enter US market through JV in Michigan

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Pure Extracts to enter US market through JV in Michigan
  VANCOUVER – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) announced the signing of a Letter of Intent with the affiliate of a publicly traded multi-state operator (MSO) to form a Joint Venture to install a cannabis and hemp extraction system in an existing Michigan facility. This MSO has a long history of success in Oregon offering... Read More

Goodfood reports record quarterly revenues surpassing $100 Million

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Goodfood reports record quarterly revenues surpassing $100 Million
MONTREAL – Goodfood Market Corp. (TSX: FOOD), a leading online grocery company in Canada, today reported strong financial results for the second quarter ended February 28, 2021, further demonstrating its ability to generate superior growth and margins in the fast-growing online grocery and meal solutions markets. “We are very proud to have reached two great milestones in Goodfood’s journey in... Read More

Free interprovincial trade once and for all

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Free interprovincial trade once and for all
Canada’s GDP per capita would increase by 3.8 per cent simply by removing interprovincial trade barriers The theme of the post-COVID-19 economic recovery is on everyone’s lips, and there’s no shortage of debate about what should be done. According to some, the government should raise taxes on the rich, as if this were a way to promote growth. For others,... Read More

Biosensors market size to reach USD 33.85 B in 2027, says Emergen Research

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Biosensors market size to reach USD 33.85 B in 2027, says Emergen Research
  VANCOUVER –  The global biosensors market size is expected to reach USD 33.85 Billion in 2027 at a CAGR of 7.3% during the forecast period according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing application of biosensors in medical, food and beverage, healthcare, and agriculture industries, among others. There are different types... Read More

PureK Holdings ‘TRUBAR’ plant-based nutrition brand to expand into Canada

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PureK Holdings ‘TRUBAR’ plant-based nutrition brand to expand into Canada
VANCOUVER – PureK Holdings Corp. (TSX Venture: PKAN) reported that TRU Brands Inc., the leading health and wellness brand and the makers of TRUBAR plant-based, clean-label snacks for women, will continue to expand its retail and online presence in Canada. TRU Brands products are already available at Costco Canada East locations in Ontario, Quebec, Nova Scotia, New Brunswick, and Newfoundland... Read More

Rubicon Organics to launch Wildflower CBD Topicals in April 2021

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Rubicon Organics to launch Wildflower CBD Topicals in April 2021
VANCOUVER – Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF), a licensed producer focused on cultivating and selling organic certified and premium cannabis, reported that it has received purchase orders from distributors in Ontario, British Columbia, Alberta and Saskatchewan for Wildflower CBD Relief Sticks and/or Wildflower CBD Cool Sticks. The Wildflower-branded products are expected to be available to consumers in all... Read More

Pure Extracts orders first shipment of functional mushrooms for e-Commerce store

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Pure Extracts orders first shipment of functional mushrooms for e-Commerce store
VANCOUVER – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, reported that its wholly-owned subsidiary, Pure Mushrooms Corp., has ordered its first shipment of functional mushrooms from its British Columbia co-packer. Pure Mushrooms has developed three premium, functional mushroom formulations, that come... Read More

ParcelPal closes $1 million USD financing to support record growth

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ParcelPal closes $1 million USD financing to support record growth
VANCOUVER – ParcelPal Technology Inc., (OTC:PTNYF) (CSE:PKG) (FSE:PT0) reported it has completed a non-brokered private placement pursuant to which it issued an unsecured multi-tranche convertible note with a face value of up to US$1,050,000 to an arm’s length investor. CEO Rich Wheeless commented: “This new growth financing comes at an exciting time for the Company as we continue to see... Read More

Three quarters of CEOs predict a return to growth in 2021

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Three quarters of CEOs predict a return to growth in 2021
  NEW YORK – One year after COVID-19 was declared a pandemic, CEOs are voicing record levels of optimism in the global economic recovery, with 76% of global business leaders predicting that economic growth will improve in 2021. The figures come from PwC’s 24th Annual Global CEO Survey, which this year polled 5,050 CEOs in 100 countries and territories over... Read More