Article by Vanmala Subramaniam, Growth Op Cannabis retailers in Ontario sold the most cannabis of any province in the first year following legalization, even though there was only one online store and 24 brick-and-mortar stores in operation for most of that period, according to new Statistics Canada data. Ontario accounted for $217 million in recreational cannabis sales — or 24 ...
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AB InBev Will Sell CBD-Infused Tea in Canada
Article by Jacqueline Thorpe, Bloomberg News The world’s biggest brewer will kick off its push into cannabis-infused beverages with a lineup of flavored teas — Lavender Chamomile, Vanilla Rooibos and Peach Ginger Green. The “Everie” teas will contain 98% pure cannabidiol, the non-psychotropic ingredient in cannabis, with only a trace — 0.05 milligrams — of THC, the component that gets ...
Read More »Ex-Cop Fantino Wants to Open a Cannabis Shop in Toronto’s Kensington Market
Article by Jesse B. Staniforth, Leafly News In the legal Canadian cannabis industry, there may be no more controversial a figure than Aleafia board chair Julian Fantino—particularly not around Toronto’s Kensington Market neighbourhood, which can feel like the physical centre of Toronto cannabis culture. Fantino, detractors are quick to remember, used to oversee busts of dispensaries in the neighbourhood, but now his ...
Read More »Lakeshore Council Opts in to Having a Bricks and Mortar Cannabis Store
Article by Trevor Wilhelm, Windsor Star Lakeshore council decided Tuesday to allow a bricks and mortar cannabis store in the town after opting out a year ago. “We missed the boat because we delayed,” said Coun. Steven Wilder, who brought the motion to opt in after a lengthy and lively debate. “Wake up folks. This is less harmful than tobacco ...
Read More »How Much Money is Canada Missing Out On From the Lagged Edibles Rollout?
Article by Bobby Hristova, Growth Op It’s becoming clear cannabis edibles, extracts and topicals probably won’t be a part of holiday shopping this year as provincial regulators can only order products as of Dec. 16. While storeowners were hoping to bank off the bud and customers were hoping to get high this season, the anticipation for new products will have ...
Read More »Cannabis Sales in Canada Fall Short of Forecasts in First Year of Legalization
Article by David George-Cosh, BNN Bloomberg Nearly $1-billion worth of legal cannabis was sold in Canada during the first year of legalization, short of analysts’ initial projections, according to a study published Wednesday by Statistics Canada. StatsCan said that $907.8 million of legal cannabis was sold between the last two weeks of October 2018 and September 2019 through both brick-and-mortar ...
Read More »What’s Going on Here? Cannabis Stores Popping Up in Burlington Almost Like Weeds
Article by Graham Paine, Burlington Post via Toronto.com A fourth cannabis retail store in Burlington called Corner Cannabis is going through the regulatory approval process with the Alcohol and Gaming Commission of Ontario (AGCO). The proposed location is 3007 New St. at Guelph Line in the Roseland Plaza. The public will be able to have its say, when the 15-day public consultation ...
Read More »Ontario’s Cannabis Retail Lottery in Question After Year of Legalization
Article by Christy Somos, CTV News Ontario is thinking about changing the lottery system being used to award cannabis retail licenses after the first year of legalization saw only 24 outlets open, with critics panning the lack of access for consumers. The province has sold $216.8 million of cannabis in the first year of legalization according to analysis by BNN Bloomberg. ...
Read More »Cannabis-Infused Tea and Chocolate — But Don’t Expect Candy Floss or Breath Strips — as Edible Products Come to Stores
Article by Joseph Hall, Toronto Star via Our Windsor And the battle begins in earnest. With the introduction of edible, beverage, vape and other new products over the coming months, the country’s legal pot industry will finally bring both passive fists to the fight with its shadowy, illicit counterpart, experts say. And the range of confections, booze alternatives and vaping ...
Read More »Cash Rolling in to Quebec’s Coffers Despite Conservative Approach to Cannabis Legalization
Article by David Yasvinski, Growth Op Quebec’s strict approach to cannabis isn’t slowing demand. The Societe Quebecoise du Cannabis (SQDC) reports it made $5.3 million in profit off the drug during the second quarter on revenue of $63.8 million. The sales translate into $17 million in new tax dollars for the government, which is in charge of overseeing the stores, according to CTV. ...
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