Cova-blog-2025 / Canada

How Cannabis is Taxed in Canada - And the Future of Cannabis Taxation

By Harrison Jordan on Aug 2, 2024 12:00:00 AM

Cannabis produced and sold commercially in Canada is subject to tax and not an insignificant amount.

Read Story

Cova & Canadian Cannabis Retailers Challenge MasterCard Fees

By Gary Cohen on Nov 6, 2023 12:00:00 AM

In the rapidly evolving landscape of Canadian cannabis retail, business owners constantly struggle to maintain a competitive edge and protect their slender profit margins. However, there's an added burden that is levied unfairly and applied without cause – the annual US $500 special m …

Read Story

Canada's 5 Years of Cannabis Legalization: A Transforming Landscape

By Faai Steuer on Oct 16, 2023 12:00:00 AM

Five years have passed since Canada embarked on the journey of legalizing recreational cannabis at the federal level. With this significant milestone approaching on October 17, 2023, it's time to reflect on the transformation and evolution of the country's cannabis retail sector. In t …

Read Story

Why Cova Pay is Canada’s Best Cannabis Payment Prossesing Solution

By Faai Steuer on Jun 26, 2023 12:00:00 AM

The cannabis industry has witnessed significant growth in recent years, and with it comes the need for reliable cashless payment solutions. In Canada, where credit card payments are widely accepted, Cova Pay has emerged as the leading payment processing solution for cannabis retailers …

Read Story

How to Open a Cannabis Retail Store in Ontario's Competitive Market

By Faai Steuer on May 1, 2023 12:00:00 AM

Opening a cannabis retail store in Ontario can be an exciting and profitable opportunity, but with a competitive market, strict regulations, and constantly evolving laws, it can be challenging to stand out and succeed. However, with the recent legalization of cannabis stores in Missis …

Read Story

How to Succeed in Canada's Competitive Cannabis Retail Industry

By Faai Steuer on Jun 20, 2022 12:00:00 AM

The cannabis retail industry has grown exponentially in Canada, and some provinces are concerned about the oversaturation of cannabis stores, even though that’s not the case. However, as we prepare to celebrate four years of cannabis legalization in Canada, it is also essential to ack …

Read Story

5 Takeaways from Canada's Lift & Co. Cannabis Business Conference 2021

By Faai Steuer on Dec 2, 2021 12:00:00 AM

After over two years, Toronto Convention Center welcomed back the cannabis community with great pomp and splendor at Lift & Co. Expo, Canada’s largest cannabis business conference and tradeshow. Cannabis business leaders from all over North America congregated in Toronto for three …

Read Story

Cannabis Legalization Infographic: 3-Year Timeline of Canadian Milestones

By Faai Steuer on Oct 14, 2021 12:00:00 AM

It has now been three years since Canada legalized cannabis consumption for recreational use all over the country. On October 17, 2021, it will be the 3rd anniversary of the momentous day when the Cannabis Act came into effect, ushering a novel era legitimizing cannabis retail in Cana …

Read Story

The Rise of Farmgate Cannabis Retail in Canada: All You Need to Know

By Faai Steuer on May 11, 2021 12:00:00 AM

The cannabis industry in Canada is on the verge of another revolution- conscious cannabis consumers are increasingly looking to buy locally grown products as they increase their knowledge about the plant, the companies producing it, and what their brands stand for. Opening a farmgate …

Read Story

Legalization Infographic: 2-Year Timeline of Canadian Cannabis Milestones

By Faai Steuer on Oct 14, 2020 12:00:00 AM

October 17th is the anniversary of a unique day in Canada - it marks exactly two years since the Cannabis Act came into effect, and ushered in a new and unprecedented era legitimizing cannabis retail on a national scale.

Read Story