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Colby Cosh: The Highs and Lows of Taxing Legal Cannabis
Article by Colby Cosh, SaltWire The new number of the journal Canadian Public Policy contains a paper entitled “ The tax consequences of legal cannabis. ” Great, I hear you asking: what are those? About time someone asked! Slow down, bud: economics tends to be a factory for giant wads of differential equations, and not so much …
First Legal Cannabis Shop in Renfrew County Opens in Barry’s Bay
Article by 96.1 Renfrew Today The first legal cannabis store in Renfrew County has officially opened their doors. Bay Bud Cannabis in Barry’s Bay had a soft launch on September 11th and grand opening on September 18th. President Michael Klobouk says they had to apply three times before getting approval from the Alcohol and Gaming Commission of Ontario. …
Cannabis Thefts on The Rise as Harvest Season Reaches Midpoint
Article by CBC News A series of cannabis thefts have been reported in and around Waterloo Region, according to police, as the midpoint of the plant’s harvest season arrives. In the early hours of Sept. 19 Wellington County OPP attended a rural property in Guelph, responding to a break and enter in progress. When police arrived …
Illegal Cannabis Lowers All Cannabis Prices
Article by Bailey Moreton, My Yellowknife Now Illegal cannabis across Canada is pushing down prices for legal recreational cannabis in stores in Yellowknife. The consumer price index (CPI) for recreational cannabis dropped ten per cent as of August 2020 compared with August 2019, according to the latest consumer price index numbers. The consumer price index …
Williams Lake First Nation Inks Historic Cannabis Deal with B.C. Government
Article by Rebecca Dyok, The Williams Lake Tribune The Williams Lake First Nation (WLFN) and the province have entered into the first of its kind government-to-government agreement under section 119 of the Cannabis Control Licensing Act. “We’ve been negotiating the agreement since pre-legalization,” Chief Willie Sellars said. “It’s something we’ve been working on for a …
Aurora Cannabis May Hike its Prices in a Value-Obsessed Cannabis Market: CEO
Article by Jeff Lagerquist, Yahoo Finance Canada Aurora Cannabis (ACB.TO)(ACB) is betting consumers will be willing to swallow price hikes on its higher-end pot as the company ups its focus on more profitable premium products. The strategy shift spelled out by new chief executive officer Miguel Martin on Tuesday comes as discount brands surge in …
Canadian Cannabis Company Aurora Ends Fiscal Year With CA$3.3B Loss
Article by Marijuana Business Daily Canadian marijuana producer Aurora Cannabis reported a net loss of more than 1.8 billion Canadian dollars ($1.4 billion) for its fourth quarter, ending its 2020 fiscal year with a CA$3.3 billion loss. The quarterly loss includes a previously signaled CA$1.6 billion write-down. Net revenue for the quarter ended June 30 was CA$72.1 million, down …
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