Article by Kristine Owram, Bloomberg News Canadian pot smokers are finally getting some price relief almost a year after the country legalized recreational use. But it’s still a lot cheaper to get the drug from illegal dealers. A gram of cannabis purchased from government-sanctioned sellers cost $10.23 in the third quarter, down 3.9 per cent from the prior three-month period, ...
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Canadians’ Comfort With Nearby Cannabis Stores Rises, Survey Shows
Article by Evan Duggan, Vancouver Sun Nearly a year has passed since the Canadian government legalized recreational cannabis cultivation and consumption. Zoocasa, the Toronto-based real estate brokerage house, surveyed more than 1,300 Canadians between Sept. 17 and 29, 2019, to learn how Canadians’ opinions have evolved since the law changed on Oct. 17, 2018. The survey follows up on an initial poll ...
Read More »I Want to be a Cannabis Budtender … What Will My Salary Be?
Article by Jared Lindzon, Globe and Mail The role: Now that cannabis prohibition has come to an end, Canadians are able to purchase recreational marijuana legally, although there are still gaps in most consumers’ understanding of the product. Those employed by licensed legal cannabis retailers to educate consumers and assist in their purchase of marijuana products are known as “budtenders.” ...
Read More »Ontario And Quebec’s Cannabis Retail ‘Nightmare’ Threatens Industry, Experts Fear
Article by Daniel Tencer, Huffington Post A year after legalization, the honeymoon is over for Canada’s cannabis industry. Many producers are reporting disappointing earnings; some have seen crop failures; turnover is high in the executive suite; and so far, prices in the legal industry are far higher than in the black market. And the illicit market is hanging in there: Despite ...
Read More »Catch a Bad Buzz? Don’t Expect a Refund For Your Cannabis Purchase
Article by Pat Foran, CTV News A Toronto resident who describes herself as a “seasoned” marijuana smoker says she was not ready for what she called a “bad trip” after smoking sativa marijuana ordered from the Ontario Cannabis Store (OCS). Jessica Weiser says she smokes marijuana for medical and relaxation reasons. When it was legalized, she started buying it online. ...
Read More »Expect Cheaper Pot Prices Around Christmas: BMO
Article by Jeff Lagerquist, Yahoo Finance Canada If you’re thinking of gifting cannabis this holiday season, it may pay to shop last minute, according to analysts at BMO Capital Markets calling for discounts near the end of the year. Tamy Chen and Peter Sklar are forecasting price cuts on middle-tier flower as provinces attempt to clear out vaults ahead of ...
Read More »Ontario Appellate Judge Dismisses Latest Motion to Suspend Pot Shop Licensing Process
Article by David George-Cosh, BNN Bloomberg An Ontario appellate judge ruled on Wednesday to dismiss a motion by a group of disqualified cannabis store applicants requesting the province’s retail cannabis licensing process be suspended pending an appeal being heard. “The process that the government has decided on should be permitted to proceed. If the moving parties are ultimately successful, they ...
Read More »Tenant Who Lived Above CAFE Cannabis Store Loses Bid to Return Home
Article by CTV News A legal tenant evicted from his Toronto apartment because the building was being used as an illegal cannabis store has lost his bid to be allowed to return while he challenges the constitutionality of the law that put him on the street. In his ruling, an Ontario judge decided that allowing Jeffrey Brodie to go back ...
Read More »Out-Of-Stock Cannabis is Becoming a Big Problem for Online Shoppers
Article by Jeff Lagerquist, Yahoo Finance Canada Lacking the brick-and-mortar store density of mature recreational cannabis markets like Colorado, online shopping is an essential channel for legal pot sales in large swaths of Canada. Unfortunately, out-of-stock rates are on the rise, according to a new analysis of e-commerce platforms by Cowen. Analyst Vivien Azer looked at 1,485 products with 3,032 SKUs ...
Read More »Which Canadian Cannabis Strains are the Most Balanced?
Article by Brad Martin, Leafly In order for a cannabis strain to be balanced, it needs to have both THC and CBD compounds at intermediate and near-equal levels. Alternatively, if a cannabis strain has a higher value of THC to a negligible value of CBD (e.g., 10-30% THC, trace amounts of CBD), it’s considered a high (or potent) THC strain. The same ...
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