News

Could Marijuana Sales Save Canada Post in Digital Age?

Article by Vanessa Lu, The Toronto Star Could legalizing pot save Canada Post? Canadians looking to use recreational marijuana could help boost the post office’s revenues and be part of the answer to its financial woes, a new report suggests. “Through its currently unparalleled national delivery network, Canada Post stands to capture a large part of the recreational shipment volume,” ...

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Durham Police Board Talks Weed Behind Closed Doors

Article by Jesse McLean, The Toronto Star Durham police’s civilian oversight board discussed how an active officer was allowed to co-own an unlicensed medical marijuana shop that offers customers drug products that are illegal to sell. What did the board decide? The public is not allowed to know. At the end of Monday’s Durham Regional Police Board meeting, member Bill ...

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Legalizing Pot Will Have ‘Up-Front Costs,’ Task Force Head Warns

Article by Catherine Cullen, CBC News Taxes on legal marijuana could add up to billions of dollars a year, but before that happens Canadians may have to make peace with spending to legalize pot. “People — and I think the provinces, the territories and the government of Canada understand this — do not expect big revenues in the early years,” Anne McLellan, the head of Canada’s marijuana ...

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‘Go Slow,’ Says Leader of Task Force on Legalization of Pot in Canada

Article by Tonda MacCharles, The Toronto Star Anne McLellan, leader of the federal task force on how to legalize pot, says it’s critical that Canada “go slow” on reforming marijuana laws. In an interview with the Star as the task force concluded public consultations and begins to winnow recommendations to government, McLellan said there are “important lessons” to be taken ...

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Change Already in the Air Around Marijuana use in Calgary

Article by Dave Dormer, CBC News The federal government plans to introduce legislation in 2017 to legalize marijuana, but some users aren’t waiting that long before lighting up in public. Change is already in the air, so to speak. As part of a week-long series looking at the potential impacts of legalization, the Calgary Eyeopener’s Judy Aldous talked to users who say ...

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Why Canadian Banks May be Leery of Accepting Legal Marijuana Sellers as Clients

Article by Mark Gollom, CBC News Even as Canada heads toward the legalization of selling recreational marijuana, pot-related businesses are being shunned by some banks that are not willing to take a risk on an industry in which the problems may outweigh the rewards. And that could be a sign that banks in the near future will be just as leery of accepting lawful recreational pot-sellers as clients. Khurram Malik, an analyst with Jacob Capital ...

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Business Owner Incensed as Banks Back Away From Marijuana Industry

Article by Alexandra Posadzki, The Canadian Press Scotiabank and the Royal Bank of Canada say they aren’t providing accounts to companies associated with the marijuana industry, leaving some business owners scrambling to find alternate arrangements. After a decade-long relationship with Scotiabank, Hemp Country owner Nathan MacLellan says he received a letter from the bank late last month stating his account ...

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Questions to be Raised About Durham Cop’s Weed Shop

Article by Jesse McLean, The Toronto Star A member of the Durham police board wants answers to why an active officer was allowed to co-own a medical marijuana company that is unlicensed and offers customers drug products that are illegal to sell. “There are questions that I will be asking at the next board meeting,” said Bill McLean, a Pickering ...

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Canada Wants the U.S. to Change Its ‘Ludicrous’ Marijuana Policy

Article by Katie Reilly, Time Canada plans to push the United States to change a “ludicrous” current policy that forbids Canadians who admit to previously using marijuana from entering the U.S. A spokesman for the Canadian government said on Friday that it has been in discussions with the U.S. government about Canada’s plans to legalize marijuana, Reuters reported. But the ...

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