Cannabis-related tourism, or canna-tourism, is a niche in the cannabis sector that has a way to go to take shape as the legal cannabis industry evolves.

After Canada legalized cannabis in October 2018, many businesses started to realize that cannabis culture’s social element, similar to that of alcohol, makes the drug a natural counterpart for tourism ventures.

That upped efforts to encourage the province to change laws to allow consumption lounges and farm-gate sales at production facilities to create attractions that would draw a new demographic of tourists to B.C.

Close to a year after opting out, Mississauga will reconsider allowing retail cannabis stores in the city.

The city will look again at cannabis storefronts in the new year, in part, Mayor Bonnie Crombie said, because of the persistence of the illegal market in Mississauga. She said she was “very startled” by the amount of unauthorized cannabis businesses in the city.

Crombie said the full costs of allowing cannabis stores, from enforcement to public health and education, is to be determined.

“Certainly, there would be a much higher bylaw cost than we had anticipated given the proliferation of the illegal outlets to purchase,” she said.

Cannabis producer Tilray (TLRY) expects its international medical business to balance out risks in Canada’s year-old recreational market. 

Speaking on a conference call following the company’s fiscal third quarter earnings release, chief financial officer Mark Castaneda said the company will achieve positive EBITDA by the fourth quarter of 2020, bolstered by strong medical sales.

“International medical is by far the highest margin part of the mix, and we expect significant increases in that business to offset any kind of risk on the Canadian adult-use side,” he told analysts after markets closed on Tuesday. “Having that extra leg of growth at high margin is a good hedge.”

A few years ago, edibles started showing up in the last place anyone wanted to see them. The obituaries. 

First, 19-year-old student Levy Thamba Pongi visited Denver during spring break of 2014 and jumped off a motel balcony after eating a marijuana cookie. Less than a year later, also in Colorado, a seemingly happy 23-year-old named Luke Goodman died by suicide on a ski vacation in Keystone -- a tragedy his family blames on cannabis candy. Earlier that day, he’d tried a couple of pieces, and when he didn’t feel anything, popped a few more -- four peach tarts and one red velvet in all, five times the recommended dose.

This is the first year Tom has not felt the need to booby-trap his backyard.

An inveterate pot grower, the North York man says new laws allowing Canadians to raise up to four of the plants per household set his mind at ease for the first time in more than half a century of cannabis cultivation.

“For all the years gone by I used to MacGyver the place,” says Tom, who did not want his last name used. “I would put fishing lines along the ground with tin cans so it would make noise if anybody went back there at nighttime. This year I didn’t worry about any of that, I just let it grow.”

The Canadian appetite for the German medical cannabis market place is picking up pace with the announcement of a trio of deals. 

In a market statement, EuroLife Brands says it is looking to collaborate with fellow Canadian firm AgraFlora Organics International on an on-line medical cannabis educational platform. The deal will see EuroLife’s physician-sanctioned German cannabis education platform cannvas.de integrated into Agra Flora’s existing network. 

Drake is reportedly making a sizable investment in the Canadian cannabis industry, along with other celebrities such as Martha Stewart, Snoop Dogg and Alex Rogan.

When Canada legalized marijuana, U.S. customs and immigration officials stated they could refuse entry not only to any person who uses or has used marijuana, but also to anyone who has invested or holds shares in a cannabis company.

It will be interesting to see how much difficulty these celebrities have returning to the U.S. after an engagement or doing business in Canada. I’m guessing none.

Sluggish cannabis retail in Canada’s largest province has been a sore point for everyday pot consumers and billion-dollar licenced producers alike since recreational legalization over a year ago. 

Provinces charted their own course in establishing legal alternatives to the black market, resulting in a patchwork of public and private channels for online and brick-and-mortar sales. No two markets are as often compared as Ontario and Alberta. 

One key difference is the fact that Ontario has opened just 24 physical cannabis stores versus about 300 in Alberta, a province with roughly 10 million fewer residents.

November has already shown itself to be quite a month of potential for pot stocks. Many of the most popular companies in the cannabis industry have seen massive gains in only the past few weeks. This has resulted in marijuana stocks becoming popular once again. After a few months of rampant selloffs, many believe that we are once again on the way to positive forward momentum.