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Lack of Ontario Retail Locations Poses Headwind for Cannabis Industry Players

Lack of Ontario retail locations poses headwind for pot industry players

Article by Armina Ligaya, CTV News Ontario’s decision to not cap the number of privately-operated cannabis shops has been welcomed by industry players, but market share restrictions on licensed producers and the lack of clarity on where marijuana stores can be located may pose headwinds for the sector. The province’s private-retail framework is positive for smaller retailers who won’t get ...

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Cannabis Industry in Limbo Over Ontario’s New Retail Plan Limitations

Cannabis industry in limbo over Ontario’s new retail plan limitations CHRISTINA PELLEGRINI AND MARINA STRAUSS Grow Technician Rebecca Canplin trims cannabis plants during the grand opening event for the CannTrust Niagara Greenhouse Facility in Fenwick, Ont., June 26, 2018. TIJANA MARTIN/THE

Article by Christina Pellegrini and Marina Strauss, The Globe and Mail Cannabis growers’ plans to expand into retail in Ontario are in limbo after the province unveiled legislation on Thursday that would limit their share of Canada’s largest market. . The proposed law would restrict marijuana producers and their affiliates to operating just one retail store at one production site. ...

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Why Politicians Sound Tough While Liberalizing Ontario Pot Sales

So the rhetoric was all about crackdown and toughness, even as the policymaking charged in the opposite direction, towards entrepreneurialism and better access for adults who want to buy and use the drug recreationally. Only under reporter questioning did Fedeli suggest less hawkish motives for the new provincial policy. “This is an opportunity for small business to get involved so we want to have as many participants as possible to get involved,” he said. Ontario's Attorney General Caroline Mulroney and Minister of Finance Vic Fedeli speak about new legislation for selling marijuana, in Toronto, Wednesday September 26, 2018. THE/Mark Blinch

Article by Jason Markusoff, MacLean’s The Ontario cabinet ministers appeared grim-faced and resolved to fight as they made their announcement against—at least it sounded like it was against—legal access to cannabis. The province’s cannabis strategy, Attorney General Caroline Mulroney explained, is based on key elements like protecting roads, keeping pot from minors and tackling organized crime. The Tory stressed terms like ...

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Ontario Could See Up to 1,000 Private Pot Shops After Cannabis Legalization

Ontario could see up to 1,000 private pot shops after cannabis legalization Different varieties of marijuana flowers are displayed at medical marijuana dispensary Kaya Shack in Portland, Ore. on June 26, 2015. (AP/Gosia Wozniacka, File)

Article by Paola Loriggio and Shawn Jeffords, CTV News Ontario could have up to 1,000 private pot shops after recreational cannabis is legalized, the province’s Progressive Conservatives said Thursday, significantly more stores than planned under the previous Liberal government. While introducing legislation to create a regulatory regime for cannabis sales, the government said it expected a flood of applications from ...

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Alberta Cannabis Retailers Can Expect ‘Tight’ Profit Margins After Wholesale Prices Revealed, Business Prof Says

Alberta cannabis retailers can expect ‘tight’ profit margins after wholesale prices revealed, business prof says By KEVIN MAIMANN StarMetro Edmonton An employee stocks cannabis at a store shortly before its first day of recreational marijuana sales in San Francisco earlier this year. (NOAH BERGER / THE ASSOCIATED PRESS FILE)

Article by Kevin Maimann, StarMetro Edmonton Profit margins will be tight for cannabis retailers next month, an Edmonton business professor says, after the Alberta Gaming, Liquor and Cannabis Commission released its list of wholesale prices. . All legal retailers will have to buy through AGLC, and the commission recently sent them a list pegging their average price per gram at ...

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Canada’s Recreational Cannabis Market Could Hold Key to Future Medicines

Canada’s recreational cannabis market could hold key to future medicines Research and development at leading Canadian cannabis companies could refocus approaches to medical treatment Tyler Nyquvest / Business in Vancouver Brandon Bartelds smokes three joints at once while attending the 4-20 annual marijuana celebration, in Vancouver, B.C., on Friday April 20, 2018. In less than a month, Canada will become the first industrialized country to legalize recreational marijuana. Photo: THE CANADIAN PRESS/Darryl Dyck

Article by Tyler Nyquvest, Business in Vancouver via Richmond News The legalized cannabis market in Canada could hasten western adoption of plant-based medicines, opening up new frontiers in health care, advocates say. “I feel that cannabis is the first step toward a lot of our issues in health care and mental health,” said Salimeh Tabrizi, clinical counsellor and organizer and ...

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Ontario to Allow Pot Smoking Wherever Tobacco Smoking Allowed

Ontario to allow pot smoking wherever tobacco smoking allowed Facebook Twitter Reddit LinkedIn Government will also not put a cap on pot shops when it starts licensing, regulating the marketplace Ontario Attorney General Caroline Mulroney and Finance Minister Vic Fedeli offer more details about the coming private pot market on Wednesday. (Michael Charles Cole/CBC)

Article by CBC News Ontario residents will be able to smoke recreational cannabis wherever the smoking of tobacco is permitted, the Progressive Conservative government said Wednesday, loosening rules established by the previous Liberal regime. The government will also not put a cap on pot shops when it starts licensing and regulating the province’s private cannabis retail marketplace, and municipalities will ...

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Ontario Proposes Capping Number of Stores for Cannabis Growers, Open Market for Recreational Sales

Caroline Mulroney, Vic Fedeli Ontario proposes capping number of stores for cannabis growers, open market for recreational sales Ontario's Attorney General Caroline Mulroney and Minister of Finance Vic Fedeli speak about new legislation for selling marijuana, in Toronto, Wednesday September 26, 2018.THE CANADIAN PRESS/Mark Blinch ORG XMIT: MDB104

Article by Justin Giovannetti, Christina Pellegrini and Marina Strauss, Globe and Mail The Ontario government is setting a framework for recreational cannabis retailing that emphasizes widespread competition and deals a blow to licensed marijuana producers by limiting their share of the market. Finance Minister Vic Fedeli and Attorney-General Caroline Mulroney said on Wednesday during a joint news conference that there ...

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Canadians Will Prefer Buying Well-Priced Legal Pot Over Black Market, Study Says

Canadians will prefer buying well-priced legal pot over black market, study says By NICOLE O’REILLYThe Hamilton Spectator Research shows that pricing legal weed at $10 to $12 per gram is the best way to keep people away from the illegal markets. (ELAINE THOMPSON / THE ASSOCIATED PRESS FILE PHOTO)

Article by Nicole O’Reilly, Hamilton Spectator via Toronto Star When recreational cannabis becomes legal next month, Canadians are likely to prefer buying the drug legally, over the black market, so long as it’s well-priced. That’s the findings from two studies surveying hundreds of pot users in United States, where the drug has been legalized, and in Ontario, where it’s about ...

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