Calgary's CanadaBis Capital Reports $30.5M Revenue Amidst Evolving Cannabis Landscape
Fiscal Highlights Amidst Industry Headwinds
Calgary's own CanadaBis Capital Inc. (TSXV: CANB), a vertically integrated Canadian cannabis company, announced its fiscal year 2025 financial results on November 27, 2025. For the fiscal year ending July 31, 2025, CanadaBis reported gross revenue of $30,530,859, with a gross profit of $7,383,808 from cost of sales totaling $9,517,603. President and CEO Travis McIntyre acknowledged "meaningful challenges across the industry" but expressed optimism, noting strategic initiatives aimed at unlocking sales growth and improving margins. All detailed financial statements and management's discussion and analysis (MD&A) are available on SEDAR+.
Calgary's Adapting Cannabis Regulations
The company's results emerge as Calgary and Alberta refine their cannabis frameworks. Recent City Council amendments, expanded in September 2025, now permit licensed retailers to sell at adult-only sections of events, a move aligning with provincial updates from the AGLC. Furthermore, July 2025 provincial amendments introduced "farm-gate" sales, allowing federally licensed producers to sell directly from cultivation sites. These policy adjustments are aimed at reducing red tape and fostering market growth for businesses like CanadaBis.
Navigating a Competitive Market
Despite these supportive policy shifts, Alberta's cannabis sector, with 180 licensed stores in Calgary alone and 718 provincially, faces market saturation and intense competition. Many producers and retailers grapple with high excise taxes and stringent regulations, impacting profitability. CanadaBis Capital's strategic pivot, including securing new long-term feedstock pricing agreements, reflects the ongoing efforts by Calgary-based companies to thrive within this complex and dynamic market, balancing regulatory evolution with economic realities and striving for growth.
