Dispensary News

Canadian Cannabis Sales Are Lagging – Here Is Why

Canadian Cannabis Sales Are Lagging - Here Is Why Jonathan Cooper Summary Canadian recreational cannabis sales have been flat since November. The Globe & Mail explains this is due to a shortage of cannabis stores, pointing to Colorado's slightly higher stores per capita. They are correct there is a retail store shortage, but stores per land area is much better correlated with cannabis sales per capita. Canada's best-selling province, PEI, has one-third as many stores per square kilometer as Colorado - and one-third the sales per capita. Canadian sales should begin to improve in April results, after Ontario opens its first retail stores.

Article by Jonathan Cooper, SeekingAlpha Canadian recreational cannabis sales have been flat since November. Each month, Stats Canada releases retail sales data across Canada for a wide variety of sectors including retail cannabis sales. Nationally, Canadians purchased $49.9 million of cannabis in February, down 9% from $54.9 million in January. On an annualized basis, sales increased 1% from $646 million ...

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Niagara Falls Cannabis Store Taking Longer Than Expected

Falls Cannabis store taking longer than expected Progress isn’t happening as quickly as Chris Bogar would like. NEWS MAY 03, 2019 BY ALLAN BENNER THE ST. CATHARINES STANDARD Choom Cannabis, set to open soon, at the Niagara Square in Niagara Falls. - Julie Jocsak , The St. Catharines Standard

Article by Allan Benner, St. Catharines Standard Progress isn’t happening as quickly as Chris Bogar would like. But when you’re building a cannabis shop in Niagara Falls that will serve as the emerging national company’s flagship location, the president of Vancouver-based Choom Cannabis said it’s too important to rush. “Oh man, construction — I’ve never been involved in a more ...

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More Penalties for Ontario Cannabis Retailers Who Failed to Open by Deadline

More penalties for Ontario cannabis retailers who failed to open by deadline The former HMV store on Yonge Street in Toronto. where Toyko Smoke plans to open a cannabis store. Photo: Shauna Hunt / CityNews

Article by CityNews More cannabis retailers in Ontario who failed to open their stores by a government-set deadline are facing further financial penalties. The Alcohol and Gaming Commission of Ontario says it has penalized nine more outlets for not serving customers by April 30. The government chose 25 retailers through a lottery to open the province’s first brick-and-mortar cannabis stores ...

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Ontario Cannabis Store Violated Federal Law with Snoop Dogg Reference: Expert

Ontario Cannabis Store violated federal law with Snoop Dogg reference: expert Jeff Lagerquist Yahoo Finance Canada A screenshot of the Ontario Cannabis Store website showing products endorsed by rapper Snoop Dogg on Friday, May 3, 2019. Snoop Dogg, left, and Martha Stewart pose in the press room at the MTV Movie and TV Awards in Los Angeles “Leafs By Snoop” to “LBS.”

Article by Jeff Lagerquist, Yahoo Finance Canada The Ontario Cannabis Store (OCS) was in “blatant violation” of rules set out by the federal government restricting how the drug can be promoted, according to a leading expert on cannabis policy. Deepak Anand, CEO and co-founder of the cannabis supply and distribution company Materia Ventures, and a renowned industry consultant, took to ...

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Cannabis NB Lost $11.7M in its First Year of Operation

Cannabis NB lost $11.7M in its first year of operation A Cannabis NB retail store is seen in Sackville, N.B. is seen on Sunday, Oct. 14, 2018. Andrew Vaughan Cannabis NB releases report saying they’ve had a big financial loss in first few months of cannabis legalization. Kate Walker reports.

Article by CTV News New Brunswick Premier Blaine Higgs says he’ll look at all options, including privatization, after the province’s Crown-owned cannabis retailer recorded a big financial loss in its first year of operation. Unaudited year-end results released Tuesday show Cannabis NB lost $11.7 million. “Certainly a loss of $12 million in six months, we’re not going to continue with ...

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Toronto Man Challenges Ontario Pot Rules, Says Disabled, Poor People Have Limited Choices

Man challenges Ontario pot rules, says disabled, poor people have limited choices He also alleges the province’s government-run online cannabis store is too slow to deliver the product and too expensive for those on government assistance or without credit. NEWS 08:34 PM by Paola Loriggio

Article by Paola Loriggio, Hamilton Spectaror  A Toronto man who uses a wheelchair has filed a human rights complaint challenging Ontario’s cannabis sales regulations, arguing the province’s system discriminates against those with disabilities and limited financial means. Ken Harrower, who uses cannabis to relieve symptoms from a condition affecting his joints and other medical issues, says the city has too ...

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EXCLUSIVE: Ontario to Close ‘Residential Loophole’ for Illegal Cannabis Dispensaries

EXCLUSIVE: Province to close 'residential loophole' for pot shops BY QUINTIN BIGNELL, CYNTHIA MULLIGAN AND NEWS STAFFPOSTED Police are seen outside cannabis dispensary Cafe in CityPlace after it was raided and shut down in April 2019. CITYNEWS The bill is expected to pass by the end of this legislative session in June and will come into effect thereafter.

Article by Quintin Bignell and Cynthia Mulligan, CityNews The Ford government will table legislation Thursday, making it easier for city officials to shut down the remaining illegal pot shops in Toronto, CityNews has learned. … However, their work was hindered by a legal loophole that prohibits the city from shutting down retail spaces that are also used as a residence. It ...

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Licensed Producers Launch Recycling Programs to Combat Cannabis Packaging Waste

CANNABIS Licensed producers launch recycling programs to combat cannabis packaging waste Ontario's Tweed Marijuana Inc. is turning federally mandated plastic weed containers into bags, benches, and building materials by Piper Courtenay Health Canada's packaging requirements don't do enough to address environmental impacts, so federally licensed producers are stepping up with recycling programs.

Article by Piper Courtenay, Georgia Straight Ontario licensed producer (LP) Tweed Marijuana Inc. has launched a recycling program aimed at collecting and reprocessing federally mandated plastic weed containers. The program comes from a partnership with TerraCycle—an eco-friendly company running privately funded campaigns around the world. TerraCycle works with companies to “upcycle” and repurpose common waste products, turning discarded drink containers into reusable tote bags, circuit boards into coasters, and fax machines into flower ...

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