The Community

‘Caremongering’ Through the COVID-19 Pandemic Comes Easily to Canada’s Cannabis Community

NEWS 'Caremongering' through the COVID-19 pandemic comes easily to Canada's cannabis community "I realized that I can control my reaction through my actions," says Superette's Thaomy Lam. "I am lucky enough to be able to work from home and buy enough groceries to last a full week." By Anisha Dhiman Toronto-based Thaomy Lam has been handing out free gift cards, of value $25 each, to people in need on the streets. Photo provided As Vancouver-based Unity Whittaker prepared for her friends’ arrival from an international trip, she got the house ready for self-isolation by generously stocking up the fridge. Photo provided Andrea Dobbs, co-founder of Village Bloomery, Dobbs initiated a two-day day paid sick leave “so that employees can stay home without any worry to determine whether or not they are feeling ill.”

Article by Anisha Dhiman, Growth Op Thaomy Lam’s daily walks are incomplete without her ritual. Every time she steps outside to get some fresh air, the 27-year-old has been handing out grocery store gift cards of $25 value. “We’ve seen the toilet paper fight, the empty shelves, and it was honestly scaring me, too,” says Lam, who is as an ...

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COVID-19 Impact Shoves Lift & Co. Into Another Round of Layoffs

NEWS COVID-19 impact shoves Lift & Co. into another round of layoffs The Toronto company noted it intends to re-hire the employees facing temporary layoffs “if and when the COVID-19 pandemic is resolved.” By Emma Spears Lift & Co. gala / Photo: Lift & Co., Instagram Matei Olaru is chief executive officer of Lift & Co. / Photo: Rawpixel / iStock / Getty Images Plus Rawpixel / iStock / Getty Images Plus

Article by Emma Spears, Growth Op Lift & Co. has “temporarily” laid off a number of its employees and will “pause operations of non-profitable business segments,” the company announced yesterday, citing “extenuating circumstances outside of [its] control” such as COVID-19. Lift pointed to the pandemic and its effects “on event businesses around the world,” adding that the company has made “difficult and ...

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‘These are People’s Real Livelihoods’: Will Ottawa Provide COVID-19 Relief for Cannabis Companies?

NEWS 'These are people's real livelihoods': Will Ottawa provide COVID-19 relief for cannabis companies? Tantalus Labs founder Dan Sutton says the Business Development Bank of Canada will not assist the ailing sector By Sam Riches Tantalus founder and CEO Dan Sutton.

Article by Sam Riches, Growth Op More bad news could be on the horizon for the Canadian cannabis industry. On Monday night, Dan Sutton, the CEO and founder of BC-based cannabis cultivator Tantalus Labs, tweeted that a senior account manager at the Business Development Bank of Canada — a Crown corporation mandated to help develop small and medium-sized companies through financing ...

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Cannabis Council of Canada Appeals to Government for ‘Immediate Intervention’

Cannabis Council of Canada appeals to government for ‘immediate intervention’ Published 16 hours ago | By Matt Lamers

Article by Matt Lamers, Marijuana Business Daily A cannabis industry group is appealing to Canada’s federal government for immediate intervention to help stave off challenges facing the industry amid the COVID-19 pandemic. In a letter to Mary Ng, federal minister of Small Business, Export Promotion and International Trade, Cannabis Council of Canada CEO George Smitherman expressed concern that policies of ...

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Coronavirus Closures and Cancellations: What’s Happening with Cannabis in Canada

CanadaIndustry Coronavirus closures and cancellations: What’s happening with cannabis in Canada Leafly Canada Staff

Article by Leafly News Canada Puff, puff? Unless you’re at home alone, these days it’s probably better to pass. As the novel coronavirus spreads and social distancing becomes our new normal, cannabis retailers and event organizers are, like everyone else, adjusting their plans, canceling or rescheduling events, and shuttering stores. This is a fluid situation, and we’ll be updating this ...

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‘The Legal Stuff is Garbage’: Why Canada’s Cannabis Black Market Keeps Thriving

Cannabis 'The legal stuff is garbage': why Canada's cannabis black market keeps thriving North America’s biggest companies have seen their market values lose billions, prompting comparisons to dotcom bust William Turvill

Article by William Turvill, The Guardian Cannabis may be legal in Vancouver but visitors looking to score are likely to run into a seemingly counterintuitive suggestion: try the black market. Recreational marijuana was legalised across Canada in October 2018. And yet on Reddit, the specialist forum website used by millions every day, many of Vancouver’s cannabis connoisseurs still swear by their underground supply. ...

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Start the Clock: The Cannabis Stock Delisting Countdown Has Begun

Start the Clock: The Cannabis Stock Delisting Countdown Has Begun A number of popular pot stocks could soon find themselves getting the boot from the New York Stock Exchange or Nasdaq. Sean Williams Sean Williams

Article by Sean Williams, Motley Fool What do you get when a still-nascent industry that’s been experiencing growing pains encounters the quickest descent into bear market territory in history for the stock market? The answer is an absolute rout for cannabis stocks. To be fair, no industry has been immune to the concerns created by coronavirus disease 2019 or the subsequent haircut ...

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Julian Fantino’s Aleafia Health Receives Cultivation License from Health Canada

Briefing Cannabis Aleafia Health Receives Cultivation License from Health Canada March 17, 2020 Hermina Paull Aleafia Health

Article by Hermina Paull, Deep Dive Aleafia Health Inc (TSX: ALEF), through its wholly-owned subsidiary, has been granted a Health Canada Cultivation License on March 13, 2020 for its facility located in Grimsby, Ontario. This facility, called the Niagara Facility can produce an indoor all-year harvest via its advanced moving container bench system, while providing decreased operating costs and execution ...

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Coronavirus: Tokyo Smoke, Tweed Among First Recreational Cannabis Dispensaries to Close

CANNABIS Coronavirus: Tokyo Smoke, Tweed among first pot shops to close BY MAREK TKACH GLOBAL NEWS

Article by Marek Tkach, Global News Canopy Growth is rolling out plans to temporarily close all of its corporate-owned Tokyo Smoke and Tweed retail locations across Canada. In an email release, the company cited “guidance given by public health bodies around the globe” as the reason for the closures. Effective Monday at 5:00 p.m., 23 stores in Manitoba, Newfoundland and ...

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Demand For Cannabis Delivery Soars as Canada Post Restricts Service

Demand for cannabis delivery soars as Canada Post restricts service Published 22 hours ago | By Matt Lamers

Article by Matt Lamers, Marijuana Business Daily Canada Post, which ships most cannabis in the country, will no longer request signatures for deliveries as part of enhanced safety measures to help contain the spread of the COVID-19 coronavirus. Adult-use marijuana deliveries handled by Canada Post will go to local post offices for pickup, a prospect that might impact online demand ...

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