Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Tue
08
Oct

RavenQuest receives Health Canada permit for export to Australia

Read entire article here

Tue
08
Oct

Expect cheaper pot prices around Christmas

If you’re thinking of gifting cannabis this holiday season, it may pay to shop last minute, according to analysts at BMO Capital Markets calling for discounts near the end of the year.

Tamy Chen and Peter Sklar are forecasting price cuts on middle-tier flower as provinces attempt to clear out vaults ahead of new products like edibles, vapes and beverages, which are expected to launch in mid-December.

“Given the elevated inventory level currently held by provinces, which we have anecdotally heard is largely the ‘mid-range’ flower category, we believe provinces and retailers will likely implement price markdowns to accelerate product sell-through,” they wrote in a research note on Monday.

Tue
08
Oct

Innovation in edibles

From chocolates to powder mixes, cannabis retailers will be showcasing a ton of innovation in edibles.

There are a few things you should know before edibles arrive on retail shelves.

First, edibles are just another cannabis product that will become legal under the Cannabis Act. That means you should be prepared for the products coming with a child-proof locking mechanism and the familiar standardized THC logo.

Second, be aware that the rollout will take time. The earliest that edibles can arrive on shelves is mid-December 2019, and even then we will see only a limited selection until 2020 when the selection will start ramping up.

Mon
07
Oct

20,000 German pharmacies to stock Canadian Firm’s cannabis

The first European deal for Canadian firm MediPharm Labs will see its medical cannabis products made available to 20,000 German pharmacies.

With dual listings on the Ontario and Frankfurt stock exchanges, MediPharm says this new deal is an important milestone in its global ambitions.

Mon
07
Oct

Beware of cannabis edibles this Halloween

Halloween high sounds like a slasher movie in development.

But with Health Canada expected to legalize the sale of cannabis edibles this year, there are concerns THC-packed gummy bears, brownies, chocolate bars, cookies and other trippy treats pose a threat to kids.

And it’s easy to see how it could happen.

Cannabis candy often looks just like hard or gummy candy, or chocolate, so adults should be on the lookout for unusual candy packaging this Halloween.

Be particularly vigilant about homemade packages.

Mon
07
Oct

Trudeau and Scheer spar over cannabis legalization at French-language debate

After being an issue that has been seemingly dismissed during this federal election, the faces of the Liberal and Conservative parties butted heads about cannabis at the French-language debate.

When asked about drugs besides cannabis potentially being decriminalized, Liberal Leader Justin Trudeau replied with “not at the moment,” sparking a fiery response from Conservative Leader Andrew Scheer.

“So that’s your secret agenda? Decriminalize, legalize, hard drugs?” Scheer said, claiming it was easier for kids to get their hands on illegal substances.

Mon
07
Oct

Out-of-stock pot is becoming a big problem for online shoppers

Lacking the brick-and-mortar store density of mature recreational cannabis markets like Colorado, online shopping is an essential channel for legal pot sales in large swaths of Canada. Unfortunately, out-of-stock rates are on the rise, according to a new analysis of e-commerce platforms by Cowen.

Analyst Vivien Azer looked at 1,485 products with 3,032 SKUs from online stores in Alberta, British Columbia, Ontario, New Brunswick, and Newfoundland and Labrador—a sample covering 65 per cent of Canada’s population. The results show the stockout rate has reached 59 per cent, up from 56 per cent on Sept. 2.

Mon
07
Oct

Why Aurora Cannabis fell 20.7% in September

What happened

Aurora Cannabis (NYSE:ACB) saw its stock fall 20.7% in the month of September, according to data from S&P Global Market Intelligence. The world's leading producer of cannabis sold off after a tough month for pot stocks and unprofitable growth stocks in general. In addition, Aurora released a fiscal fourth-quarter earnings report that didn't quite match the market's lofty expectations.

Fri
04
Oct

Marijuana candidate withdraws as party struggles to find relevance

A Marijuana Party candidate has been forced to put out his election hopes, at least for now.

The ballot has been finalized for the Central Okanagan-Similkameen-Nicola riding ahead of this month’s federal election, and Brynn Jones’s name is no longer on it.

“I am saddened to announce I have to step out of election due to an unforeseen family issue,” Jones told Vernon Morning Star. “I will continue to fight for my constituents in my riding and across Canada and will continue my duties as West Canada Director for the party.”

Fri
04
Oct

Legalized cannabis hasn't hurt productivity, but most employers don't allow it at work, survey suggests

Legal recreational cannabis hasn't had the negative effect on workplace productivity that some Canadians expected, but that could be because most of us work for organizations that don't allow it at work, a new online survey suggests.

Conducted by Ipsos on behalf of ADP Canada, a human resources software company, the survey suggests that most Canadians believe recreational cannabis has had little to no impact at work.

For example, 74 per cent said it's had no impact on productivity, and 71 per cent said it hadn't increased absenteeism.

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