Article by Mehreen Shahid, Orillia Matters Retail cannabis may be coming to Simcoe North. Changes in regulation around the application process surrounding retail cannabis have opened the door to retailers interested in setting up shop in the towns of Midland, Penetanguishene and Tiny Township, all of which opted-in last year. Tay Township was the only one that refrained. “At that time, ...
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Ontario Received 450 Cannabis Store Applications on March 2
Article by Matt Lamers, Marijuana Business Daily Approximately 450 cannabis stores applications were filed in Ontario on March 2 – the first day Retail Store Authorization (RSA) submissions were accepted under the province’s new open-market process. The strong interest demonstrates pent-up demand for regulated recreational marijuana stores, experts say. Ontario is pivoting to an open-market store-allocation process after relying on two lotteries ...
Read More »Canopy Growth to Lay Off 500 Employees, Close Greenhouses, Take $700-$800M Writedown
Article by CP24 Canopy Growth Corp. says it is laying off 500 employees and closing its greenhouses in Aldergrove and Delta, B.C. The Smiths Falls, Ont. cannabis company says it has determined that the facilities are no longer essential to its cultivation footprint. Canopy says it was hampered by the Canadian recreational cannabis market developing slower than anticipated and profitability ...
Read More »Why Alberta Continues to Lose Money on Legal Cannabis
Article by Trevor Howlett, CBC News Albertans are among the biggest consumers of legal cannabis in Canada but it may still be several years before the provincial government turns a profit in the industry. The Alberta government is expecting to lose around $26 million in the 2019-20 fiscal year and will continue to be in the red the next three years, ...
Read More »Third Cannabis Store in Thunder Bay Receives Retail License
Article by Doug Diaczuk, TB News Watch The city could see three retail cannabis locations open by as early as this spring after a third location recently received a license to sell recreational cannabis. The Toke House in Westfort received its retail operator’s license from the Alcohol and Gaming Commission of Ontario this week and plans to open sometime in ...
Read More »Online Cannabis Ordering and Pickup Service Launches in Kingston
Article by Steve Gerard, Kingston Herald Fire & Flower Holdings Corp. and its wholly-owned subsidiary Hifyre Inc. announced today that its Kingston and Ottawa store locations have launched the Spark Perks Fastlane “click-and-collect” online cannabis ordering and pickup service that recently became permissible as a result of a recent change in the Ontario regulations. Fastlane is a key part of the Spark Perks members program ...
Read More »New Cannabis Shop ‘Friendly Stranger’ Opens Near Main Gates
Article by Hope Mahood and Kendra Carey, Western Gazette Friendly Stranger, a cannabis merchandise store and dispensary, has set up shop in London, not far from Western’s main gates. The company originated in Toronto, exclusively selling weed paraphernalia for its first 25 years of operations. Since legalization, they have expanded their sales to include actual cannabis products and accessories. “I think ...
Read More »Wait is Almost Over For Windsor’s Weed Lovers
Article by Emma Spears, Growth Op March weather may be lousy, but weed lovers in Windsor could soon have something to help them warm up and part the clouds (or even make their own). The city’s first legal cannabis dispensary is set to open as soon as the end of the month, most likely sometime between March 20 and 27. J. Supply ...
Read More »Cops Crackdown on Cannabis Smoking Lounge in Laval
Article by Andrew Brennan and Daniel J. Rowe, CTV News The Relaxx Social Lounge on Cure Labelle Blvd. in Laval has run afoul of Quebec’s Ministry of Health and Social Services (MSSS), which coordinated a raid with Laval Police after discovering patrons were smoking pot in the establishment. The lounge is part of a network of medical cannabis clinics that ...
Read More »Canadian Companies Hope Bargain-Basement Bud is Key to Putting Brakes on Black Market
Article by David Yasvinski, Growth Op Canada’s cannabis companies would like to draw your attention to their growing bargain bin. With legal cannabis sales accounting for just 15 percent of the $908 million the industry raked in as of last September, according to Statistics Canada, pot producers are taking aim at the black market by offering deep discounts. “There have been ...
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