Article by Taylor Blewett, Ottawa Citizen Superette, the company behind one of Ottawa’s first cannabis retail stores, announced plans Thursday to open a new Bank Street location. . The Glebe-area store at 852 Bank St. will be located in a new building at the corner of Bank Street and Fifth Avenue, across the street from McDonald’s. . Superette opened its ...

Article by Braden Maccke, Cannabis Life Network The Supreme Cannabis Company (TSX:FIRE) became the latest Canadian cannabis producer to announce layoffs Tuesday – an epidemic of cost cutting measures spreading across an industrial environment full of well-backed cultivators who have all struggled to turn a profit. By Supreme Cannabis’ own count, they laid off 33% of their corporate staff and 13% of their operational staff, amounting to ...

Article by Jeff Lagerquist, Yahoo Finance Cannabis beverages and aluminum cans have a problematic relationship that could prove costly for licenced producers with drink production lines built for the ubiquitous metal containers. The devil is in the molecular details. Scientists have determined that liners inside aluminum cans can cause cannabis drinks to lose their potency. That means by the time ...

Article by Jeff Lagerquist, Yahoo Finance Canada was lauded as a trailblazer when it became the first G7 nation to legalize pot for both recreational and medical use. However, the market today mirrors the patchwork of U.S. states where the drug is legal in the worst possible ways, according to one analyst. “A close look at the U.S. recreational and ...

Article by Sean Williams, Motley Fool The stage appeared to be set in 2019 for marijuana stocks to thrive, but this didn’t prove to be the case. When the year ended, most cannabis stocks had logged big-time losses for the year, with Canadian pot stocks leading the way to the downside. A combination of supply concerns and a resilient black-market ...

Article by Graeme McNaughton, Guelph Mercury The vacant site that was once set to be a provincially-run cannabis retailer may end up selling weed after all. Signage for Fire & Flower, an Alberta-based cannabis retailer, has been put up on the windows of 314 Stone Rd. W., indicating the company will be opening a store there soon. Fire & Flower ...

Article by Peter Smith, Daily Hive Tokyo Smoke, the Toronto-born cafe and fashion-focused head shop turned national cannabis dispensary, opened the doors to its newest location in the city on Wednesday. The 570 Bloor Street West location is one of five stores Tokyo Smoke announced in November it would be opening across Ontario, after reaching agreements with some of the province’s cannabis retail ...

Article by Times Colonist The Supreme Cannabis Company Inc. says it has cut about 15 per cent of its workforce. The Toronto-based company says it slashed about one-third of its corporate positions and 13 per cent of operational ones. The move comes as the company adopts a new structure aimed to accelerate revenue growth in Canada. Supreme’s layoffs follow mass ...

Article by Mike Hager and Hina Imam, Globe and Mail Vancouver’s outlaw cannabis shops are expected to gradually fade away after a B.C. Court of Appeal decision last week removed any hope the stores could continue to operate outside the bounds of the provincial and municipal licensing rules. Vancouver was once home to more than a hundred illicit cannabis retailers ...

Article by Shelby Knox, Newstalk 1010 St. Catharines’ second potential cannabis store is still awaiting approval. According to the Alcohol and Gaming Commission of Ontario’s website the application for the Corner Cannabis Store planned for Ontario Street is still ‘in progress.’ If final approval is granted, Corner Cannabis would become Niagara’s third pot shop; The Niagara Herbalist is already set ...