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
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 ...
Read More »DAVID CLEMENT: Therapeutic CBD Oil Doesn’t Belong Under Restrictive Cannabis Act
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 ...
Read More »‘Hard to Fathom’: Disastrous Cannabis Rollout Cost Ontario $325 Million Compared to Alberta: Analyst
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 ...
Read More »Weed Has Been Legal For Over a Year, But Sault Ste. Marie, Ont. is Still Waiting For a Cannabis Dispensary of its Own
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 ...
Read More »Canopy Growth Takes $32 Million Hit From Returned Products, Revenue Plummets Most Since Legalization
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 ...
Read More »Cannabis Producers Implore Ontario to Open More Stores
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 ...
Read More »Tilray, Cronos Report Major Declines in Price Realized Per Gram of Cannabis
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 ...
Read More »Ottawa: Cannabis Store Proposed for Barrhaven is Part of a New Chain 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. ...
Read More »No News on Sault Ste. Marie Cannabis Store
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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