Cannara's Strategic Move in Québec Vape Market with New Launches
Cannara Biotech Expands Presence in Québec with New Vape Products
MONTREAL — Cannara Biotech Inc. (TSXV: LOVE, OTCQB: LOVFF, FRA: 8CB0) is set to make a significant entrance into Québec's emerging vape cartridge market. This vertically integrated producer of premium-grade cannabis and cannabis-derivative products announced that five of its innovative vape cartridge products have received preliminary approval from the Société Québécoise du Cannabis (SQDC).
Exciting New Vape Cartidges for 2025
Starting November 2025, these select vape cartridges will be available in all retail locations throughout Québec as well as online through SQDC.ca. Cannara's President and CEO, Zohar Krivorot, expressed pride in the company's achievements, attributing this success to the dedicated efforts of their R&D and Commercial teams. The initial five vape SKU options will represent a notable 20% of the planned 25 SKUs slated for distribution by year-end in the province.
Innovation in Premium Vape Formulations
As the company aims to solidify its status as a leader in cannabis vaping, they highlight the importance of releasing live resin formats of their most popular strains. CFO Nicholas Sosiak emphasized how Cannara has enhanced their production capabilities over the past year, leading to a unique offering of vapes free from additives. The company aims to replicate its success in becoming the top premium live resin vape cartridge provider in Canada.
Québec Market Presents Unique Opportunities
The Québec cannabis market is rapidly evolving, with the SQDC reporting impressive revenues that reached $741.5 million recently. A survey indicated that 25% of Québec consumers engaged in vaping over the past year, highlighting a significant consumer interest. As cannabis vaping accounts for around 15% of sales in other Canadian provinces, Cannara recognizes a substantial opportunity for growth within Québec’s market.
Pioneering the Live Rosin Vape Category
Cannara Biotech is also excited to debut its live rosin vape cartridge, crafted from the highest quality flower inputs that are carefully cultivated and processed in-house at their facilities in Valleyfield and Farnham. This new product line represents months of meticulous research and development in cannabis genetics and production processes. Sosiak remarked on the potential for further expansion into live rosin products across other provinces following the successful launch in Québec.
A Bright Future for Cannara Biotech
With its two expansive production facilities in Québec, spanned over 1,650,000 square feet, Cannara is strategically positioned for growth in Canada's competitive cannabis market. The company’s model capitalizes on the region’s low energy costs, enabling them to provide high-quality products at attractive prices. This resonates with Cannara’s broader mission of fostering accessibility and enhancing the cannabis experience for consumers across Canada.
Commitment to Quality and Expansion
With a strong focus on innovation and quality control, Cannara Biotech continues to invest in research and product development to ensure they meet the evolving preferences of cannabis consumers. Their commitment to delivering only the finest products aims to fortify their standing in the cannabis sector.
Contact Information
Nicholas Sosiak, CPA, CA
Chief Financial Officer
Email: nick@cannara.ca
Zohar Krivorot
President & CEO
Email: zohar@cannara.ca
Frequently Asked Questions
What products has Cannara launched in the Québec market?
Cannara is launching five new live resin and live rosin vape cartridges in the Québec market.
When will the products be available?
The vape cartridges are scheduled to be available in November 2025.
What is Cannara's focus within the cannabis industry?
Cannara focuses on producing premium-grade cannabis products using innovative cultivation and processing methods.
How can consumers purchase Cannara's products?
Consumers can purchase the products from all SQDC retail stores and online through SQDC.ca.
What is the significance of live rosin vapes for Cannara?
Live rosin vapes symbolize Cannara's commitment to quality, featuring solventless extraction processes that highlight the premium ingredients used.
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