The federal government in Ottawa has proposed new regulations that would loosen restrictions placed on cannabis infused beverages, paving the way for more cannabis drinks to soon be available to Canadians.

Relative category performance is nearly double among Canadians compared to Americans

Canadians seem to be whetting their whistles on pot-infused beverages more than their neighbours to the south, according to a new report.

On Wednesday, data firm Headset released an analysis of 2020–2022 cannabis beverage trends in the Canadian and American markets.

With a longer history of beverages in the U.S., the report’s authors say the sector has grown slow but more consistently there.

But in Canada, overall growth for the category is stronger. In January 2020, the country’s first infused bevvies hit the market, and reached 1.8-per-cent market share by the end of the year. Drink sales kept rising, reaching a total market share of 2.1 per cent by the end of 2021.

The company says it’s well positioned for domestic and international growth

IM Cannabis Corp. (CSE: IMCC) (Nasdaq: IMCC) — a company with operations in Canada, Germany and Israel — is projecting record revenue in its upcoming earnings report.

New Health Canada program expands physicians’ ability to prescribe the illegal substance

Vancouver drug-research companies are seeking cheaper ways to produce psychedelic mushrooms, or the active ingredient psilocybin, to cater to new demand. 

One longer-term trend has been for pharmaceutical companies to invest in creating psilocybin-based drugs that treat depression, addictions, post-traumatic stress disorder and other conditions.

Health Canada in January launched what it calls a “special access program” that allows physicians to request that government grant patients access to psilocybin, which is otherwise illegal to possess and produce.

University of Calgary research shows current plain-packaging approach may not resonate with the view of young Canadian adults that cannabis is relatively safe

Canada may require plain packaging for edible cannabis products, but that doesn’t mean it sends a clear and consistent message to young adult consumers, suggest findings of a study out of the University of Calgary (U of C).

It could be assumed that Canadian cannabis packages communicate little because of their plain nature, authors write in the study, set to be published in the May 2022 edition of the International Journal of Drug Policy. But that may not be the case.

TerrAscend Corp. ("TerrAscend" or the "Company") (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, and Gage Growth Corp. ("Gage") (CSE: GAGE) (OTCQX: GAEGF), a leading high-quality premium cannabis brand and operator in Michigan, today announced that they intend to close the previously announced acquisition of Gage by TerrAscend by way of a court-approved plan of arrangement under the Canada Business Corporations Act (the "Transaction") on March 10, 2022, subject to satisfaction or waiver of all remaining closing conditions.

Tilray Brands, Inc. ("Tilray" or the "Company") (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced the launch of Good Supply Hash Bats™, the brand's unique take on infused pre-rolls. Joining Good Supply's award-winning portfolio of cannabis products, Hash Bats™ is a smooth-smoking, hash-infused pre-roll that "hits hard." Unlike a standard cannabis pre-roll, Good Supply's Hash Bats™ is the perfect blend of our consumers' favorite strains, Jean Guy and Starwalker Kush, and hash magic for the perfect 'hit’.