Article by Emma Spears, Growth Op The unlicensed dispensary was operating from a storefront bearing a sign that read “Psychic Studio”, but its occupants weren’t psychic enough to foresee what was about to happen. The Medicine Box, located at 181 Charlotte St. in Peterborough, Ont., was the subject of a raid on Monday after a search warrant was executed by Intelligence Asset ...

Article by Peter Smith, Daily Hive Another week, another much-needed cannabis store opening in an underserved area of the city. Much to the joy of canna-hopefuls west of Bathurst, there’s now Shiny Bud.= A recipient of the Alcohol and Gaming Commission of Ontario’s final Expression of Interest Application Lottery, the brand has opened its flagship store in the Smart Centre plaza ...

Article by Matt Lamers, Marijuana Business Daily 48North Cannabis announced the sudden departure of Chief Executive Officer Alison Gordon, who led the Toronto-based producer for almost three years. Gordon was among a small number of women at the helm of a Canadian marijuana company. One year ago, a Marijuana Business Daily study found that men held 93% of Canadian cannabis boardroom positions. Gordon has ...

Article by Sabrina Gamrot, Brampton Guardian A cannabis retailer has applied to become Brampton’s newest retail cannabis store. According to the Alcohol and Gaming Commission of Ontario, Hobo Cannabis Company is seeking to have a retail store located at 14 Lisa Street, near Dixie Road and Queen Street. If the application is approved, Hobo Cannabis will join Brampton’s first cannabis retailer, Ganjika House, and ...

Article by Jesse B. Staniforth, Leafly News Much of the allure of illicit cannabis comes down to price: people buying unlicensed cannabis enjoy prices on average nearly half of those on the legal market. Whether or not you have a preference for the kinds of cannabis produced on the unregulated underground, you nonetheless have a good price incentive to consider it, which is ...

Article by Peterborough Examiner A large quantity of marijuana and cannabis edibles were seized in a raid Monday at one of Peterborough’s unlicensed recreational marijuana dispensaries. The Medicine Box dispensary at 181 Charlotte St. has been operating 11 hours a day, seven days a week since last year from a storefront with a sign that reads Psychic Studio. The Examiner reported ...

Article by Braden Maccke, Cannabis Life Network News broke Wednesday that Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) would be shuttering operations in Aldergrove and Delta, B.C., laying off an estimated 500 workers. Canopy’s layoffs are the latest, and largest, in a rash of cost-cutting measures that have swept through the legal cannabis industry in recent months. The company reported a $1.5 billion cash balance at the end of ...

Article by CBC News An application for a second legal cannabis shop in Windsor has been submitted to the provincial agency responsible for administering Ontario’s cannabis retail economy. Raymond Kahnert, a spokesperson for the Alcohol and Gaming Commission of Ontario (AGCO) confirmed receipt of an application Friday for a cannabis retail shop at 7833 Tecumseh Rd. E. Kahnert added the ...

Article by Colleen Romaniuk, Sudbury Star Cannabis retail has been slow to get off the ground in Northern Ontario. Of the 66 pot shops authorized to open since legalization, only seven of them are located in the North, including two in Sudbury. The government has also authorized as many as 26 stores to open on First Nations reserves, many of ...

Article by Vanmala Subramaniam, Financial Post The Ontario Cannabis Store generated approximately $4.3 million in sales from cannabis 2.0 products last month, according to a statement issued by the provincial retailer Friday afternoon. $3.77 million came from sales of vape products and an additional $569,000 was generated from sales of edibles for the month of January. The figures included sales ...