Dispensary News

Public Input Period Open For Proposed Waterloo Cannabis Shop

Public input period open for proposed Waterloo cannabis shop Submission window to weigh in on possible retail cannabis site on King Street closes Nov. 21 NEWS 06:58 PM by James Jackson Waterloo Region Record

Article by James Jackson Waterloo Region Record The provincial government is now accepting submissions or objections related to the proposed retail cannabis shop in the City of Waterloo. The 15-day public notice period for the proposed site at 32 King St. S. closes Nov. 21. The applicant, 2208292 Alberta Ltd., originally wanted to open in downtown Kitchener but relocated to ...

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Windsor: Downtown Councillor Vows to Challenge Planner’s ‘Judgment Call’ Opposing Pot Store

Downtown councillor vows to challenge planner's 'judgment call' opposing pot store BRIAN CROSS A proposed cannabis retail store at 545 Ouellette Avenue is pictured Thursday, Oct. 31, 2019. DAX MELMER / WINDSOR STAR

Article by Brian Cross, Windsor Star An angry and frustrated Coun. Rino Bortolin is preparing a “litany of questions” for Monday’s council meeting, after city planner Thom Hunt objected — on the city’s behalf — to the downtown location proposed for Windsor’s first retail pot store. Bortolin, who says he’s been inundated with messages from downtown supporters upset and shocked ...

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DAVID CLEMENT: Therapeutic CBD Oil Doesn’t Belong Under Restrictive Cannabis Act

DAVID CLEMENT: Therapeutic CBD oil doesn't belong under restrictive Cannabis Act Cannabidiol (CBD) oil. - 123RF Stock Photo DAVID CLEMENT

Article by David Clement, Saltwire The federal election is behind us, and all Canadians are probably pretty thankful for that. That said, in what was arguably Canada’s most irritating, and cynical, election, no one spoke about Canada’s cannabis market. The opposition parties did not take aim at the Liberals for their mistakes, nor did the Liberals really use legalization as a ...

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‘Hard to Fathom’: Disastrous Cannabis Rollout Cost Ontario $325 Million Compared to Alberta: Analyst

BUSINESS ‘Hard to fathom’: Disastrous cannabis rollout cost Ontario $325 million compared to Alberta: analyst 'Don’t tell me the new 50 stores are coming — Alberta was doing 10 stores a week.' By David Yasvinski

Article by David Yasvinski, Growth Op Mistakes were made. Canadian provinces went their own way when establishing a legal framework for cannabis and some have found considerably more success than others. The Cannalysts, an independent analysis firm, released data this week showing that if Ontario had followed Alberta’s model, the province would have stimulated an extra $325 million in economic ...

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Weed Has Been Legal For Over a Year, But Sault Ste. Marie, Ont. is Still Waiting For a Cannabis Dispensary of its Own

BUSINESS Weed has been legal for over a year, but Sault Ste. Marie, Ont. is still waiting for a pot shop of its own Residents’ only option for purchasing regulated product from a licensed retailer is to buy it via the Ontario Cannabis Store By Emma Spears

Article by Emma Spears, Growth Op It’s been over a year since federal legalization of recreational cannabis came into force, but the northwestern Ontario city of Sault Ste. Marie is still waiting for its first cannabis store. Thanks to Ontario’s complicated lottery licensing system, which continues to be disputed in court, the city just north of the U.S. border and located between two Great Lakes ...

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Canopy Growth Takes $32 Million Hit From Returned Products, Revenue Plummets Most Since Legalization

Canopy Growth takes $32 million hit from returned products, revenue plummets most since legalization Shares trading down in pre-market Cannabis production at Canopy Growth Corp. in Smith's Falls, Ont.Tony Caldwell/Postmedia Vanmala Subramaniam

Article by Vanmala Subramaniam, Financial Post Canopy Growth Corp. took a surprise $32.7 million hit from returns and pricing changes related primarily to the sales of its oil and soft gel capsule products, resulting in the company’s net revenue plummeting by 15 per cent, quarter-over-quarter, for the period ending Sept. 30, 2019. This is the biggest revenue decline the company ...

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Cannabis Producers Implore Ontario to Open More Stores

Ottawa Pot producers implore Ontario to open more stores Social Sharing Just 24 legal retailers open in Ontario compared to 324 in Alberta Amanda Pfeffer · CBC News A 'budtender' helps a customer shop for cannabis on the first morning of opening at Toronto's Hunny Pot, one of the retail stores licensed to sell cannabis in Ontario, on April 1, 2019. (Chris Young)

Article by Amanda Pfeffer, CBC News Canadian cannabis producers are stepping up pressure on the Ford government to speed up the distribution of retail licences in Ontario as poor sales continue to dog the industry. “Our ability to continue to invest and sustain the jobs that we have created is being severely challenged by the province’s current retail cannabis policy framework,” states ...

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Tilray, Cronos Report Major Declines in Price Realized Per Gram of Cannabis

CANNABIS INVESTING Tilray, Cronos report major declines in price realized per gram of cannabis Cannabis prices are declining as inventory piles up By Vanmala Subramaniam Cronos Group’s revenue per gram of cannabis sold fell in a market suffering from surplus supply. Reuters/Blair Gable

Article by Vanmala Subramaniam, Growth Op Canadian licensed cannabis producer Tilray Inc. on Tuesday reported that its third-quarter loss had doubled despite rising sales, an outcome driven by a sharp increase in operating expenses related to the company’s international businesses and an expansion into the hemp industry. The Nanaimo, B.C.-based company posted a net loss of US$35.7 million for the ...

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Ottawa: Cannabis Store Proposed for Barrhaven is Part of a New Chain Called One Plant

Cannabis store proposed for Barrhaven is part of a new chain called One Plant JACQUIE MILLER The three units in-between Tutti Frutti restaurant and The House of Cheese & Deli at Trinity Common at Citigate complex, located at 4335 Strandherd Avenue will be a new marijuana store. The three units total about 6,000 square feet says one nearby proprietor, so the new store could be quite large. Julie Oliver/Postmedia JULIE OLIVER / POSTMEDIA The cannabis store proposed for a mall on Strandherd Drive in Barrhaven is part of a new retail chain arriving in Ontario called One Plant.

Article by Jacquie Miller, Ottawa Citizen The cannabis store proposed for a mall on Strandherd Drive in Barrhaven is part of a new retail chain arriving in Ontario called One Plant. One Plant was created as a joint venture between cannabis company Aleafia Health Inc. and the Serruya family, who are best known for creating the Yogen Früz yogurt outlets. ...

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No News on Sault Ste. Marie Cannabis Store

No news on local cannabis store Many cannabis stores, including the one proposed for Sault Ste. Marie, remains tied up until court action wraps up. Elaine Della-MattiaElaine Della-Mattia

Article by Elaine Della-Mattia, Sault Star Sault Ste. Marie’s cannabis store remains in a hold mode as the dispute over the province’s licencing lottery system continues to weave its ways through the judicial system. To date, the City of Sault Ste. Marie has not received any additional information pertaining to the cannabis legislation, or the potential store, said Tessa Vecchio. ...

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