Article by David George-Cosh, BNN Bloomberg Ontario plans to allow the private sector to handle distributing cannabis from producers to retailers, a sign that the provincial government is beginning to reduce its legal pot exposure. According to an email sent by an Ontario Cannabis Store (OCS) executive to Canadian licensed producers late Tuesday that was obtained by BNN Bloomberg, the ...
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Cannabis Council’s Wish List For Trudeau Includes Illegal Dispensary Crackdown
Article by Jon Rumley, Huffington Post Cannabis has been legal in Canada for more than a year now, and according to industry players, there are still some kinks in the system. Earlier this month, the Cannabis Council of Canada sent a letter to Prime Minister Justin Trudeau urging the federal government to consider recommendations to relieve “pain points” in the legal pot ...
Read More »Exclusive: OCS Will Allow Private Sector to be Involved in Storing, Distributing Cannabis
Article by Vanmala Subramaniam, Financial Post The Ontario Cannabis Store will move ahead with a “hybrid” wholesale model that will allow the private sector to be involved in storing and distributing cannabis, according to an e-mail obtained by the Financial Post, sent by the Crown Corporation to licensed producers on Tuesday evening. The move comes in response to “feedback” provided ...
Read More »Toronto City Councillor Opposes Cannabis Shop Application Near Beaches Montessori School
Article by Joanna Lavoie, Toronto.com Beaches-East York Coun. Brad Bradford wants those who live in the Upper Beach along with those who send or are considering sending their children to Beaches Montessori School at 950 Kingston Rd. to oppose an application to open a new cannabis store just four doors down. Bradford is encouraging community members to sign an online petition he’s ...
Read More »Only Governments Can Solve the Canadian Illicit Pot Crisis: Don Pittis
Article by Don Pittis, CBC News New rules effective Dec. 16 will come just in time so you can leave a cannabis-laced cookie or beverage out for Santa. But if the struggling Canadian pot business is looking forward to Cannabis 2.0 — as the availability of vaping products and edibles has been dubbed — they will likely be disappointed if they expect it to be a Christmas present ...
Read More »Windor’s Council Takes Back Authority to Oppose/Endorse Cannabis Stores
Article by Brian Cross, Windsor Star Responding to a flood of critical emails after administration opposed the proposed downtown location of Windor’s first cannabis store, councillors have voted to decide future applications themselves. The vote was unanimous to reverse a Jan. 21 decision where council approved “opting in” to hosting retail cannabis stores but also delegating authority for city planner ...
Read More »HEXO Reveals Illegal Cannabis Growing Amid Licensing Issues
Article by Danielle Edwards, Investing News Cannabis firm HEXO (NYSE:HEXO,TSX:HEXO) is coming forward with the revelation that it illegally grew cannabis in an unlicensed room in July. After the markets closed on Friday (November 15), the Quebec-based cannabis producer informed investors that a section of one of its production facilities in Niagara, Ontario, was found to be inadequately licensed. This facility belongs to ...
Read More »Brutal Week for Weed Casts Chill Over Prospects for Cannabis 2.0
Article by Vanmala Subramaniam, Financial Post If there’s a lesson that Canada’s pot industry can take from a devastating week that saw the country’s largest producers post massive losses amid waves of product returns and piles of excess inventory, it might be this: understand your market first, sell your product later. And with cannabis 2.0 looming, there isn’t much time to ...
Read More »New Brunswick Moves Toward Privatization of Cannabis Sales After Losses in First Year
Article by Toronto Sun Citing significant financial losses and overly restrictive federal regulations, the New Brunswick government is looking for a private operator take over its distribution and sales of recreational cannabis. Finance Minister Ernie Steeves made the announcement Thursday in Fredericton, saying that losses incurred by the provincial cannabis corporation persuaded the government it was time to turn to ...
Read More »Private Cannabis Operator Should Expect Losses, Consultant Says
Article by Cassidy Chisholm, CBC News The private operator who takes over Cannabis NB is going to face significant challenges, including competition from the illegal market, says a retail consultant who has been keeping track of the cannabis business since legalization. “Probably whoever takes over the New Brunswick operation is going to continue to see some losses for a few ...
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