Article by Glenda Luymes, Vancouver Sun Six months after cannabis became legal in Canada, dozens of dispensaries continue to operate without a provincial license in B.C. as both local governments and the province struggle to shut them down. The robust illicit market, including “grey-market dispensaries,” were cited as the reason B.C. lags behind other Canadian provinces in legal cannabis retail ...
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Ontario Cannabis Store Set To Lose $25 Million This Year, Ford Claims ‘Federal Mismanagement’
Article by Daniel Tencer, Huffington Post Ontario’s provincially-run cannabis distributor is set to lose $25 million in the current fiscal year, according to projections in the 2019 budget released by Queen’s Park on Thursday. The losses are the result of its initial investment in developing a wholesale distribution network, combined with the fact that OCS has sold relatively little product ...
Read More »Ford Government Committed to Lifting Cap on Legal Recreational Cannabis Dispensaries in Ontario
Article by Andrew Russell, Global News The Ford government is introducing changes to how cannabis is sold across the province as part of the budget, including $40-million over two years to help implement the costs of recreational pot. The Progressive Conservative are proposing to lift the cap of 25 retail store authorizations across the province, which were permitted to begin ...
Read More »Peel Police Raid 4 Cannabis Dispensaries in Brampton and Mississauga
Article by CBC News Police say they’ve laid numerous charges after raiding four pot shops in Mississauga and Brampton, Ont. Peel Regional Police say over several days last week, the force’s vice squad conducted search warrants and seized about six kilograms of marijuana that was ready for sale. Police have charged 10 people under the Cannabis Control Act for unlawfully ...
Read More »Health Canada Receives 117 Complaints About Cannabis Promotions
Article by Matt Lamers, Marijuana Business Daily Canadian marijuana businesses are still getting a handle on marketing and branding their products without breaching the country’s strict laws on cannabis promotions. Nearly six months in to the nation’s newly regulated marijuana sector, Health Canada said it has received 117 complaints regarding promotional activities of cannabis companies. In terms of enforcement, Health ...
Read More »‘Absolutely Horrible’: Cannabis Industry Expectations Sliding After Slow Start to Legal Era
Article by Vanmala Subramaniam, Financial Post Soaring expectations for Canada’s cannabis industry are being tempered in some quarters after licensed producers reported what for the most part were underwhelming financial results in the first post-legalization period. Over the past few months, the biggest cannabis companies in the country — Canopy Growth Corp., Tilray Inc., Aurora Cannabis Inc., Aphria Inc., Cronos ...
Read More »Questions About Legal-Cannabis Quality Fuel B.C. Black Market: Eighty Percent of Sales Remain in Illegal Hands
Article by Glen Korstrom, Business in Vancouver Concerns about the quality and safety of legal cannabis, and the accuracy of measurements for active ingredients on product labels, are shaking some consumers’ confidence in the nascent legalized cannabis sector. The fear for governments is that if consumers do not warm to pricier, legal cannabis products, and instead stick with their illegal ...
Read More »Ontario Levies Penalties Against Dozen Cannabis Stores For Not Opening on Time
Article by Michelle McQuigge, Globe and Mail A dozen Ontario cannabis retailers are being financially penalized for failing to open their stores at the beginning of this month. . … . Stores that missed the deadline would see the commission draw down $12,500 on a $50,000 letter of credit, and would risk losing the entire amount if they still weren’t ...
Read More »Legalization Pushed Up Price of Cannabis by 17%, StatsCan Says, About 57 Percent More than Black Market Buyers
Article by Pete Evans, CBC News The legalization of marijuana in Canada has caused the price of the drug overall to increase by about 17 per cent, but people who are buying it legally are paying about 57 per cent more than black market buyers. That’s one of the main takeaways of a new report from Statistics Canada on Wednesday, ...
Read More »Bylaw Officers Ramp Up Fight to Shut Down Illegal Pot Shops Operating in Toronto
Article by CTV News Toronto The fight to shutter illegal pot shops in Toronto continues, even as the first legal retail storefronts have opened their doors across the province. The city is again ramping up its efforts to close the scattered operations, this time with the Municipal Licensing and Standards leading the charge. While Toronto police will be involved, Don ...
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