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The tobacco industry is changing at a rapid pace.

Imperial Brands is the latest multinational company to step into the Canadian pot industry, signing a $123-million investment deal with Auxly Cannabis Group that includes a research and development partnership and gives the Vancouver-headquartered firm the global licences to the British tobacco giant's vaping technology.

Purchase, N.Y.-based PepsiCo has been evolving to meet consumer demand for healthier snacks and beverages, and according to the company’s second quarter results, it’s paying off.

As the Ontario government prepares to move ahead with its plans to overhaul the province's 92-year-old beer distribution system, experts say it should heed lessons from retail sales systems in other provinces.

 Brenda and Trevor Tobin prefers the path less travelled.

Ontario is set to get 50 more cannabis stores starting in October, and applicants will have to first show they have their finances and retail space ready to go.

New research suggests vaping among Canadian teens skyrocketed by 74% in a single year, and that new brands of e-cigarettes are gaining a foothold following federal legislation.

The legalization of cannabis for non-medical purposes is opening up all sorts of opportunities for c-store operators that go beyond helping customers satisfy the munchies.