Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Thu
17
Oct

Vaping health concerns cast haze over cannabis market expansion

Public health concerns over vaping have cast a haze over expansion excitement in the cannabis market.

The production and sale of cannabis derivatives — edibles, extracts, topicals and vape products — become legal Thursday on the one-year anniversary of the legalization of recreational cannabis.

Licence holders need to give 60 days notice to Health Canada that they intend to sell the products, so they won’t land on store shelves until mid-December.

Some cannabis companies in Canada are anticipating a substantial increase in sales, but Christopher Carlsten said he would have liked to see legalization of cannabis vaping products postponed, or at the very least have significantly more public education about it.

Thu
17
Oct

Pot use admission at U.S. border snagging Canadian boomers, says lawyer

Canadians wanting to cross the U.S. border are being asked different marijuana questions than they were before cannabis was legal, says an American immigration lawyer who represents numerous aging baby boomers denied entry to America for past pot use.

Recreational marijuana will have been legal for a year on Thursday, but any celebrating still stops at the U.S. border, said Len Saunders, a Canadian-born lawyer based in Blaine, Wash.

“They are not asking questions of recent use because they know they can’t deny the person because it’s legal in Canada,” he said. Instead, he said they’re asking Canadians if they have ever smoked marijuana and that’s what’s been keeping him busy.

Thu
17
Oct

Canadian Cannabis company will sell marijuana for less than $5 per gram

Weed smokers living in Quebec are about to see much lower prices in the legal market. Starting tomorrow, cannabis company HEXO is rolling out a new line of ultra-affordable flower.

Ultimately, the new product line will give Canadians a chance to purchase larger quantities of weed. Additionally, the weed will be sold at super-low prices that work out to be less than $5 per gram.

Wed
16
Oct

Aphria becomes the first large pot producer to report a second consecutive profitable quarter

Aphria Inc. became the first large pot producer to report a second consecutive profitable quarter Tuesday, sending its stock up as much as 16% in early trading.

The company said it earned C$16.4 million on revenue of C$126.1 million in the quarter ended Aug. 31, a slight decline from the prior quarter. It also reiterated its outlook for fiscal 2020, which calls for revenue of C$650 million to C$700 million and adjusted Ebitda of C$88 million to C$95 million.

Wed
16
Oct

A year in the weeds: Why the cannabis industry didn't take off the way everyone planned

In an outdoor parking lot between a shelter and a Tim Hortons in downtown Ottawa, black market cannabis dealer Jay (not his real name) said he can’t think of the last time business has been so good. His pop-up dispensary moves around the capital city from time to time, depending on when he gets tipped off about potential police raids, which he said have tapered off lately. Despite the legalization of recreational cannabis almost a year ago, Jay insists his customer base has remained strong.

“I do my own market research,” Jay said. “I ask people, ‘Why don’t you go to Hobo (a legal cannabis store in Ottawa)?’ They say, ‘Legal product tastes bad. It’s s—t.’ I say, ‘Don’t worry, I got you.’”

Wed
16
Oct

Cannabis edibles will soon be legal: Everything you need to know

New regulations for cannabis edibles and topicals come into effect on Oct. 17, with products expected to reach store shelves in December

Here’s what consumers and parents need to know

New regulations for cannabis edibles and topicals come into effect on Oct. 17,

“Edibles” is the umbrella term for cannabis-infused products, which can include beverages, cotton candy, dissolvable strips, gummy candies or baked goods. And topicals are products which can include lotions, balms, and oils absorbed through the skin for relief of pain or inflammation, according to Leafly.

Tue
15
Oct

How cannabis brands can capture attention with custom packaging

There’s no denying that marijuana is a booming market. After Colorado legalized marijuana in 2014, 147 recreational dispensaries opened in the state that year — a number that grew to 509 by 2018. Six other states have since legalized recreational marijuana. In a word, business is booming.

Within an industry facing such unprecedented growth, cannabis brands are met with big challenges when it comes to differentiation. Hundreds of new brands launch every year. High-profile personalities like comedian Tommy Chong and former boxer Mike Tyson are getting in on the game. Competition is fierce, and many companies are faced with the unique challenge of working to develop a trustworthy and recognizable brand while adhering to stringent state rules.

Tue
15
Oct

Researchers study how to treat cannabis addiction with more cannabis

The solution to cannabis dependency might simply be more cannabis. That’s according to a new study from researchers at University College London, which found that cannabidiol (CBD) can help people reduce their consumption of THC.

Tue
15
Oct

Winter is coming for pot stocks

As we near the second half of October, there are many pot stocks that have remained on the watchlist. These companies are putting forth their effort to be the most innovative marijuana stock in the market. With so much competition amongst certain pot stocks to watch, it can be difficult to deduce which companies are worth keeping an eye on. One of the best ways to solve this is through the use of strategic research of many different pot stocks.

Tue
15
Oct

5 ways technology is shaping the emerging cannabis market

The cannabis industry is still an emerging market that has the potential to grow exponentially. Investors have taken notice of retail cannabis sales in areas where cannabis is legal. With so much evolving about the cannabis industry so quickly ⁠- few standards are in place. That means technology is continually evolving to make the cannabis industry more accessible, efficient, and profitable. Take a look at some of the ways technology is transforming the industry. 

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