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Cannabis Price Plunged in 2019, Almost Matches the Illegal Price, Says Ontario Cannabis Store

Cannabis buds lay along a drying rack at the CannTrust Niagara Greenhouse Facility in Fenwick, Ont., in this 2018 photo. BUSINESS Cannabis price plunged in 2019, almost matches the illegal price, says Ontario Cannabis Store The Ontario Cannabis Store says the median price of dried flower dropped 25 per cent in its first full year of operation since legalization in a bid to compete with the illegal market.

Article by Toronto Star The Ontario Cannabis Store says the median price of dried flower dropped 25 per cent in its first full year of operation since legalization in a bid to compete with the illegal market. The illegal price was $8.23 per gram, compared with $8.56 at OSC.ca and $10.84 at retail stores. Ontario consumers spent $385.1 million for ...

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Ontarians Spent $20M on Cannabis 2.0 Items: OCS

A Ontario Cannabis Store website pictured on a mobile phone Ottawa on October 18, 2018. Ontarians shelled out almost $20 million in the first three months products in Canada's second wave of legalization were available for sale. Cannabis vapes, topicals, concentrates and edibles including gummies and chocolates only hit store shelves in January and beverages in March, but roughly $19.3 million worth of those products were sold in Ontario between April 2019 and March 2020. Sean Kilpatrick Ontarians spent $20M on Cannabis 2.0 items: OCS

Article by Toronto.com Ontarians shelled out almost $20 million in the first three months that edibles and other products in Canada’s second wave of legalization were available for sale — and experts believe that number will only grow. Cannabis vapes, topicals, concentrates and edibles such as gummies and chocolates hit store shelves in January with beverages following in March, but ...

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How First Nations are Finding Ways to Keep COVID-19—and Outsiders—At Bay

Raven Aginas, left, and his sister Tiffany Aginas monitor traffic at one of two checkpoints restricting access to Alexis Nakota Sioux Nation near Stony Plain, Alberta on Monday, April 20, 2020. The small community of just under 1200 people is temporarily closed to non-members in an attempt to prevent the arrival of COVID-19. Tiffany made their masks, that include a hepa filter. (Photograph by Amber Bracken) CANADA How First Nations are finding ways to keep COVID-19—and outsiders—at bay While local and provincial governments loosen lockdowns, vulnerable Indigenous communities across the country say they’re fighting an uphill battle to safeguard their residents By Hamdi Issawi

Article by Hamdi Issawi, MacLean’s Magazine On April 27, the Nuxalk First Nation, nestled in British Columbia’s Bella Coola Valley, simply stopped asking. Five weeks earlier, in response to the COVID-19 pandemic, the chief and council had declared a local state of emergency and set up a checkpoint on the only highway into the valley to restrict non-essential traffic. Like ...

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Ontario Cannabis Store Report Shows Aurora Leading Flower Sales, COVID-19 Sales Boost

Ontario Cannabis Store report shows Aurora leading flower sales, COVID-19 sales boost Published 16 hours ago | By Solomon Israel New data released by the Ontario Cannabis Store (OCS) reveals key details about marijuana sales and consumer preferences in Canada’s largest province, including:

Article by Solomon Israel, Marijuana Business Daily New data released by the Ontario Cannabis Store (OCS) reveals key details about marijuana sales and consumer preferences in Canada’s largest province, including: Total provincial sales approached 400 million Canadian dollars ($297.6 million) for the OCS fiscal year. Recreational cannabis sales are dominated by dried flower and pre-rolls amid a limited early rollout of edibles, ...

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Ontario Cannabis Store Online Transactions Soar 82% in March

Ontario Cannabis Store Online Transactions Soar 82% in March COVID-19 sent cannabis customers online in record numbers. David Jagielski David Jagielski

Article by David Jagielski, Motley Fool The Ontario Cannabis Store (OCS) has released data on its sales over the past 12 months, from April 1, 2019, until March 31, 2020. In total, for the full fiscal year, the OCS website generated 71.4 million Canadian dollars while the government-run retail stores brought in CA$313.7 million in revenue. In March, the OCS’ online ...

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Three More Retail Cannabis Shops Set to Open in Sudbury

Home Local News Three more retail cannabis shops set to open in Sudbury JTS Buds, Happy Life and Fire & Flower ‘in progress’ of opening 18 h By: Arron Pickard 1 / 2 Happy Life, one of three new retail cannabis stores in the city, will open at 1021 The Kingsway. (Arron Pickard/Sudbury.com) 2 / 2 Fire & Flower Cannabis Co., one of three new retail cannabis stores in the city, will open at 1400 The Kingsway. (Arron Pickard/Sudbury.com) Three more pot shops are in the process of opening in Greater Sudbury. JTS Buds will open at 1485 Lasalle Blvd., while Happy Life will open at 1021 The Kingsway.

Article by Arron Pickard, Sudbury.com Three more pot shops are in the process of opening in Greater Sudbury. JTS Buds will open at 1485 Lasalle Blvd., while Happy Life will open at 1021 The Kingsway. Fire & Flower Cannabis Co. will be located at 1400 The Kingsway, in the same building as Five Guys and Party City. All three shops ...

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Canada Exported Record Amount of Dried Cannabis in 2019, But Mostly to One Market

Canada exported record amount of dried cannabis in 2019, but mostly to one market Published 2 hours ago | By Matt Lamers (This is the first in a three-part series about Canada’s exports of medical cannabis.)

Article by Matt Lamers, Marijuana Business Daily Canadian businesses exported more dried medical cannabis than ever last year, but that growth is expected to be challenged when the country’s main export destination – Germany – initiates local production later this year. In 2019, federally regulated producers in Canada exported roughly 3,740 kilograms (8,245 pounds) of dried cannabis for medical and ...

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Northwest Territories Opens Up Bidding on Contract for Private Cannabis Dispensaries in Yellowknife

North N.W.T. opens up bidding on contract for private pot shop in Yellowknife Social Sharing Only one pot shop to be allowed for now, and it will be in Yellowknife Sidney Cohen · CBC News A woman takes a look at the cannabis offerings at a Yellowknife liquor store. Liquor stores will continue to sell cannabis after the private pot shop opens. (Gabriela Panza-Beltrandi/CBC) Deneen Everett, executive director for the Yellowknife Chamber of Commerce, says a 'phased-in approach' to private weed sales makes sense, and that the market will decide if there’s appetite for more than one store. (Yellowknife Chamber of Commerce)

Article by Sidney Cohen, CBC News More than a year and half after the legalization of cannabis in Canada, the Northwest Territories is finally accepting proposals for a private pot shop. That’s right: one shop. And that one store will be located in Yellowknife — though procurement documents say the territorial government may authorize other private cannabis retailers in the future. But ...

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