Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Fri
13
Dec

Yukoners buy the most legal pot per capita from retail stores in Canada, study says

Yukoners led Canadians in buying the most legal pot per capita from retail stores in the first year of legalization, according to a study released by Statistics Canada.

The report on retail pot sales in Canada — online or in person — shows that between October 2018 and September 2019, Yukoners spent an average of $103 per person, generating $4.2 million in total sales. 

Prince Edward Island and Nova Scotia followed Yukon in per capita sales at $97 and $68 respectively, while Ontario led overall sales at $217 million.

Per capita sales in the Northwest Territories were $61 and overall sales were $2.7 million. The study did not include statistics for Nunavut, because it does not have a physical retail store.

Fri
13
Dec

5 Top holiday destinations for cannabis lovers

It’s a well-known fact that cannabis fans are always ready for an adventure and trying out new stuff. That’s exactly why weed destinations are one of the fastest-growing trends on Earth!

So, put your day-dreams into high gear and check this list of some of the best destinations for a cannabis holiday on the planet!

1. Colorado, USA

Colorado was the first US state to legalize the recreational use and sale of cannabis. Namely, the US represents the largest market for medicinal cannabis; seeing how the government also supports the cultivation of cannabis, it’s grown all around the state. 

Fri
13
Dec

Where will Aurora Cannabis be in 10 years?

Buying and holding stocks for lengthy periods of time is arguably the best way to produce top-notch returns on capital. Nevertheless, long-term investing isn't without its own particular risks. In order to generate market-beating returns over a period of, say, 10 years, investors need to have a firm grip on a company's underlying fundamentals, core value creation strategy, as well as the long-term outlook for its industry as a whole. 

Fri
13
Dec

Canada: Medical marijuana user refused alcohol sale at Loblaw after cashier smells Cannabis

A medical marijuana user was turned away from an Ottawa Loblaw store, after a cashier refused to sell her beer, because the cashier said the customer smelled like cannabis.

Christie Southward uses marijuana for back pain and anxiety, but she had not been using when she went shopping at the McArthur Avenue Loblaw this week.

“At first I thought he was joking and he was very serious”, Southward told CTV Ottawa.

 “I was getting my groceries, and when it came to my alcohol, the cashier stopped and said he will not sell it to me because I smelled like pot”, she said.

Southward says she had not used marijuana that day, and believes the cashier smelled it on her jacket.

Fri
13
Dec

Ontario will scrap lottery system, move to expand retail cannabis market in 2020

The provincial government says that it is scrapping the lottery system for cannabis shop permits and will begin issuing dozens of new retail permits in the spring as part of efforts to open up the weed market.

In its recent fiscal update, the province said that it would move to do away with the lottery system, which has faced criticism.

On Thursday, the province unveiled a timeline for issuing new retail cannabis permits, saying that applications for prospective owners will open on Jan. 6, with the first new licenses to be distributed in April.

Speaking with CP24 Thursday evening, Ontario Attorney General Doug Downey said the government wanted to go to an open market model from the start, but needed time to manage the changes and ensure adequate supply.  

Fri
13
Dec

Pot taxes add $640 million to provincial coffers in first year of legalization

Pot smokers in Canada paid $640 million in provincial taxes in the first year of cannabis legalization.

And the money collected for provincial coffers is trending upwards.

Based on figures provided by Statistics Canada, Blacklock’s Reporter reports nearly two-thirds of a billion bucks went to provinces — $144 million in taxes was collected in the first quarter after legalization in mid-October 2018, followed by $160 million, $144 million and $192 million for the next three quarters.

But the total pales in comparison to the more than $19 billion collected through the sales of tobacco during the same time period.

Federal taxes are capped at $100 million annually for two years, Blacklock’s report said.

Wed
11
Dec

CBD Might Help Treat Seizures Triggered By Rare Genetic Disorder

A preliminary study continues to support evidence that CBD can be used as an alternative method to treat different kinds of seizures.

CBD’s positive effects on seizures has been supported by several different studies, and stands as the most definitive medicinal benefit of the compound. A new study found that CBD might also help with hard-to-treat seizures produced by a rare genetic disorder.

Wed
11
Dec

Pot sales in Canada fall short of forecasts in first year of legalization

Nearly $1-billion worth of legal cannabis was sold in Canada during the first year of legalization, short of analysts’ initial projections, according to a study published Wednesday by Statistics Canada.

StatsCan said that $907.8 million of legal cannabis was sold between the last two weeks of October 2018 and September 2019 through both brick-and-mortar and online stores, with Ontario leading the country with $216.8 million in total sales. Alberta, which holds the highest number of physical cannabis retail outlets in any province, recorded $195.7 million in sales in the first year, StatsCan said.

The sales figures are well below some of the forecasts that analysts put out ahead of the launch of legalization in Oct. 2018.

Wed
11
Dec

What We Learned About CBD In 2019

The study of CBD and marijuana saw big strides in 2019. Here are some of the most important facts we learned this year.

Every year, CBD becomes a more prominent topic and a more promising business venture for health and wellness companies.

Wed
11
Dec

The online shopper's guide to gifting cannabis in Canada

Crowded stores, no parking space and busy streets — the holiday shopping rush can make finding the perfect cannabis gift a hassle. Online shopping can offer a reprieve from the hectic rush, but it’s crucial to understand the laws and regulations before sending a bit of bud to a loved one.

Can I buy weed for someone in another province?

“Ontario residents are not allowed to order recreational cannabis online from another province or territory.”

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