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Canopy Growth Takes $32 Million Hit From Returned Products, Revenue Plummets Most Since Legalization

Canopy Growth takes $32 million hit from returned products, revenue plummets most since legalization Shares trading down in pre-market Cannabis production at Canopy Growth Corp. in Smith's Falls, Ont.Tony Caldwell/Postmedia Vanmala Subramaniam

Article by Vanmala Subramaniam, Financial Post Canopy Growth Corp. took a surprise $32.7 million hit from returns and pricing changes related primarily to the sales of its oil and soft gel capsule products, resulting in the company’s net revenue plummeting by 15 per cent, quarter-over-quarter, for the period ending Sept. 30, 2019. This is the biggest revenue decline the company ...

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Policing Cannabis an Issue in West Lincoln

Home / News / Cannabis And You / Policing Cannabis An Issue In West... Policing cannabis an issue in West Lincoln NRPS are lobbying Health Canada for more inspectors to check licences NEWS 05:00 AM BY BETH AUDET GRIMSBY LINCOLN NEWS

Article by Beth Audet, Grimsby Lincoln News via Toronto.com Penalizing improper usage of a personal cannabis licence may prove too challenging in West Lincoln. “Law enforcement is on the outside looking in,” Niagara Regional Police Service 8 District Staff Sergeant Rom DiEgidio told council members when he and Chief of Police Bryan MacCulloch recently presented at committee. It is extremely ...

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Cannabis Producers Implore Ontario to Open More Stores

Ottawa Pot producers implore Ontario to open more stores Social Sharing Just 24 legal retailers open in Ontario compared to 324 in Alberta Amanda Pfeffer · CBC News A 'budtender' helps a customer shop for cannabis on the first morning of opening at Toronto's Hunny Pot, one of the retail stores licensed to sell cannabis in Ontario, on April 1, 2019. (Chris Young)

Article by Amanda Pfeffer, CBC News Canadian cannabis producers are stepping up pressure on the Ford government to speed up the distribution of retail licences in Ontario as poor sales continue to dog the industry. “Our ability to continue to invest and sustain the jobs that we have created is being severely challenged by the province’s current retail cannabis policy framework,” states ...

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Tilray, Cronos Report Major Declines in Price Realized Per Gram of Cannabis

CANNABIS INVESTING Tilray, Cronos report major declines in price realized per gram of cannabis Cannabis prices are declining as inventory piles up By Vanmala Subramaniam Cronos Group’s revenue per gram of cannabis sold fell in a market suffering from surplus supply. Reuters/Blair Gable

Article by Vanmala Subramaniam, Growth Op Canadian licensed cannabis producer Tilray Inc. on Tuesday reported that its third-quarter loss had doubled despite rising sales, an outcome driven by a sharp increase in operating expenses related to the company’s international businesses and an expansion into the hemp industry. The Nanaimo, B.C.-based company posted a net loss of US$35.7 million for the ...

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Future of Craft Cannabis in B.C. Still Hazy

FUTURE OF CRAFT CANNABIS IN B.C. STILL HAZY MIKE O. AND ANDRES MARKWARTNOVEMBER 11, 2019 BLOGBUSINESSBUSINESSCANNABIS 101CANNABIS CANADACANNABIS LEGALIZATIONCBD NEWSFEATUREDINTERVIEWLAWLAWMARIJUANA NEWSPODCASTSPOLITICSPOLITICSPOLITICSTHC NEWS

Article by Mike O. and Andres Markwart, Cannabis Life Network British Columbia has long been known for its amazing cannabis, and it’s the reason why “BC Bud” is a household name – famous for the quality of its craft cannabis and the small growers that can go toe-to-toe with the best in the world. Funnily enough, many of the best growers, and craft cannabis itself, hail ...

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Parallel Problems – Pot and Prostitution Law

PARALLEL PROBLEMS – POT AND PROSTITUTION LAW JULIA VEINTROPNOVEMBER 11, 2019 BLOGCANNABIS CANADACANNABIS LEGALIZATIONCULTURECULTUREFEATUREDLAWLAWMARIJUANA LEGALIZATIONMARIJUANA NEWS

Article by Julia Veintrop, Cannabis Life Network There are quite a few parallels between the sex industry and the cannabis industry. The puritan approach of the past failed simply because both industries are made up of everyday people, not criminals. As a result, the government has tried to create realistic regulations that will protect those most vulnerable. Instead, they failed and ...

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Black Ash Headaches

BLACK ASH HEADACHES TRAVIS CESARONENOVEMBER 12, 2019 BLOGCANNABIS 101CANNABIS CANADACBD NEWSCULTURECULTUREFEATUREDHEALTHHEALTHMARIJUANA NEWSTHC NEWS

Article by Travis Cesarone, Cannabis Life Network The quality of your buds may not be conclusively and simply determined from clean white ash. And yet, cannabis consumers “know” good weed never burns black. Dark ash seems to be a more apt description than the simple white burn. In fact, the black ash headache effect is in itself infamous among consumers. Degraded headaches Good ...

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B.C.’s Cannabis Culture Stuck in a Limbo as Regulations Hinder Canna-Tourism Potential

COMMUNITIES B.C.'s cannabis culture stuck in a limbo as regulations hinder canna-tourism potential Continued prohibition on legal consumption spaces is hindering the hopes of wannabe pot entrepreneurs By Emma Spears A Canadian fan wears an umbrella hat in front of a Cannabis flag in Vancouver during the Winter Olympics on February 25, 2010. MARK RALSTON/AFP via Getty Images

Article by Emma Spears, Growth Op Canna-tourism was anticipated as an exciting and lucrative form of business before legalization came into force in October 2018. But the continued prohibition on legal consumption spaces is hindering the hopes of wannabe cannabis entrepreneurs from entering the canna-tourism oeuvre — and seriously harshing the mellow of international tourists hoping for a comfortable place to enjoy ...

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Do’s and Don’ts of Using Cannabis on the Slopes

CULTURE Do’s and don’ts of using marijuana on the slopes Remember there are still rules around recreational cannabis By Rudy Sanchez, The Fresh Toast Take into consideration the weather and overall conditions when packing your cannabis. iStock / Getty Images Plus

Article by Rudy Sanchez, The Fresh Toast via Growth Op Among the winter recreational activities many cannabis consumers enjoy doing while high is going down the slopes. If you plan to flock to the mountains this season with bud in tow, here’s some do’s and don’ts to make the most of your trip with weed. DO — Remember there are still ...

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Ottawa: Cannabis Store Proposed for Barrhaven is Part of a New Chain Called One Plant

Cannabis store proposed for Barrhaven is part of a new chain called One Plant JACQUIE MILLER The three units in-between Tutti Frutti restaurant and The House of Cheese & Deli at Trinity Common at Citigate complex, located at 4335 Strandherd Avenue will be a new marijuana store. The three units total about 6,000 square feet says one nearby proprietor, so the new store could be quite large. Julie Oliver/Postmedia JULIE OLIVER / POSTMEDIA The cannabis store proposed for a mall on Strandherd Drive in Barrhaven is part of a new retail chain arriving in Ontario called One Plant.

Article by Jacquie Miller, Ottawa Citizen The cannabis store proposed for a mall on Strandherd Drive in Barrhaven is part of a new retail chain arriving in Ontario called One Plant. One Plant was created as a joint venture between cannabis company Aleafia Health Inc. and the Serruya family, who are best known for creating the Yogen Früz yogurt outlets. ...

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