Article by Gregory Meyer, Financial Times Warehouses in Canada are piled high with unsold marijuana after cannabis producers overestimated demand for the drug, which was legalised a year ago. Across the country, cannabis inventories came to almost 400 tonnes at the end of August, enough to cover two-and-a-half years of demand, according to the latest government data. Meanwhile the price ...

Article by David George-Cosh, BNN Bloomberg Relief may finally be coming for cannabis producers that have been stymied by the lack of legal retail stores in the country’s most populous province. The Ontario government is considering a plan that would abandon the maligned lottery process that has left it with only two-dozen legal pot shops, and instead pivot as early ...

Article by Joanna Lavoie, Toronto.com via Toronto Star Toronto Coun. Brad Bradford is trying to muster opposition to an application for a new cannabis store just four doors down from the Beaches Montessori School. Bradford (Ward 19 Beaches—East York) is encouraging community members to sign an online petition he’s created as well as give feedback directly to the province about the new pot shop ...

Article by Patrick Cain and Jasmine Pazzano, Global News Weed Me’s growing facility in Pickering, Ont., is so crammed with cannabis plants that a row of pots have to be cranked out of the way before people can walk between them. The growing rooms are perfectly clean and brilliantly lit, and of course, the building is filled with the overwhelming smell of ...

Article by Vanmala Subramaniam, Financial Post A surge in the number of cannabis producers coupled with a large number of site-amendment requests in preparation for Cannabis 2.0 have left Health Canada “overwhelmed” over the past year, and increasingly dependent upon information supplied “in good faith” by producers, according to former Health Canada inspectors and industry participants. “The department has been ...

Article by Ian Irvine, Growth Op A year after legalization, Canada’s cannabis market is in shambles. The number of retail outlets is ludicrously insufficient; inventories are piling up in retail, wholesale and producer warehouses; the portion of the total market captured by legal sales is disappointing; state-owned monopolies are constipating the system; and almost every segment of the market is ...

Article by Bobby Hristova, Growth Op Ontario’s former Assembly of First Nations regional chief said the government should legalize cannabis sales in Indigenous communities — and he’s willing to help it create the framework. Isadore Day, now the CEO of a consulting group named Bimaadzwin, said Ottawa never discussed legalization with First Nations communities. Day said the move prompted the group to set ...

Article by Jeff Lagerquist, Yahoo Finance Canada The whistleblower who brought the illegal cannabis scandal at Ontario-based licenced producer CannTrust (TRST.TO)(CTST) to light has come forward with new video allegedly showing the company’s biggest unlicenced grow room in operation in January. Nick Lalonde worked at CannTrust from July 2017 to May of this year. The tips he provided to Health Canada ...

Article by Financial Post The devil is in the details. It’s a common but important refrain. It reminds us how even the smallest facets of plans, processes and situations can derail large-scale efforts. Such is the case facing Canada’s cannabis industry. The federal government currently requires that all cannabis products carry excise stamps — proof the appropriate taxes have been paid by ...

Article by CBC News City administration will no longer be in charge of submitting reports to the Alcohol and Gaming Commission of Ontario (AGCO) about proposed cannabis locations in Windsor without input from council. Instead, city council will review reports put together by administration pertaining to cannabis retail stores before such reports are submitted to the province. A motion to remove ...