Cannabis Entrepreneurs in ‘Tough Spot’ After Ontario Caps Licences

Koby Smutylo leased 2 stores in Ottawa before government’s 25 licences cap. An Ottawa cannabis entrepreneur who’s already leased two spaces for prospective stores says he’s frustrated with the Ontario government’s decision to cap the number of licences…

Koby Smutylo leased 2 stores in Ottawa before government's 25 licences cap. An Ottawa cannabis entrepreneur who's already leased two spaces for prospective stores says he's frustrated with the Ontario government's decision to cap the number of licences for retail pot shops. The province initially said it would not limit the number of licences issued for retail stores, but it reversed course last week, saying it would take a "phased approach" due to "severe supply…

Trudeau Says Cannabis Shortage Likely to Be Resolved Within a Year

Prime Minister Justin Trudeau says the biggest challenge associated with the legalization of cannabis has been the supply shortage – but he expects it to disappear within a year. In an end-of-year interview with The Canadian Press Friday, Trudeau predicted the problem would be resolved “during the coming months and perhaps the coming year.” He noted the scarcity of cannabis was most pronounced in Ontario and Quebec. Trudeau said he remains unhappy with Quebec legislation…
Prime Minister Justin Trudeau says the biggest challenge associated with the legalization of cannabis has been the supply shortage – but he expects it to disappear within a year. In an end-of-year interview with The Canadian Press Friday, Trudeau predicted the problem would be resolved “during the coming months and perhaps the coming year.” He noted the scarcity of cannabis was most pronounced in Ontario and Quebec. Trudeau said he remains unhappy with Quebec legislation…

Open Letter to Mayor — Opting Out of Cannabis Sales a Mistake

Dear Mayor Dilkens, I’m not surprised you suggested opting out of private cannabis retail sales. Voting to opt out, however, won’t stop illegal sales. Instead, it will provide those who sell illegally with foundational support — primarily less competition — and more business. Opting out also means illegal cannabis sold will not be sourced from federally licensed producers. Instead, those who sell cannabis illegally will source their product from illegal sources. Legal cannabis is licensed…
Dear Mayor Dilkens, I’m not surprised you suggested opting out of private cannabis retail sales. Voting to opt out, however, won’t stop illegal sales. Instead, it will provide those who sell illegally with foundational support — primarily less competition — and more business. Opting out also means illegal cannabis sold will not be sourced from federally licensed producers. Instead, those who sell cannabis illegally will source their product from illegal sources. Legal cannabis is licensed…

Cannabis Shortages Likely to Continue Into 2019

According to Health Canada, there are currently 134 companies licensed to produce cannabis in Canada — 90 of those were licensed in the last 16 months Health Canada says legal cannabis shortages that have been experienced in some provinces, including Nova Scotia, will likely continue into the New Year. Karen Casey, Nova Scotia’s finance minister and deputy premier said in an interview Wednesday, the province is only receiving 35 to 40 per cent of the…
According to Health Canada, there are currently 134 companies licensed to produce cannabis in Canada — 90 of those were licensed in the last 16 months Health Canada says legal cannabis shortages that have been experienced in some provinces, including Nova Scotia, will likely continue into the New Year. Karen Casey, Nova Scotia’s finance minister and deputy premier said in an interview Wednesday, the province is only receiving 35 to 40 per cent of the…

Cannabis Stores to Be Phased in With a Lottery for Licences, Ford Government Says

Months after saying it would not cap the number of licences for retail pot shops after cannabis was legalized, the Ontario government has reversed course, saying it will now only be able to issue 25 licences by April. In a statement Thursday evening, t…

Months after saying it would not cap the number of licences for retail pot shops after cannabis was legalized, the Ontario government has reversed course, saying it will now only be able to issue 25 licences by April. In a statement Thursday evening, the province says it plans to take a "phased approach" to authorizing retail cannabis outlets because of "severe supply shortages" across the country. Only a limited number of licences will be handed…

Ontario Municipalities That Have Decided to Opt in or Out of Cannabis Stores

With the deadline looming for Ontario municipalities to decide whether to opt in or out of allowing cannabis retail stores within their boundaries, many communities remain undecided. The province has given municipalities until Jan. 22, 2019 to opt out …

With the deadline looming for Ontario municipalities to decide whether to opt in or out of allowing cannabis retail stores within their boundaries, many communities remain undecided. The province has given municipalities until Jan. 22, 2019 to opt out of having private cannabis storefronts operate within their boundaries. If the Alcohol and Gaming Commission of Ontario (AGCO) has not received written notification from a municipality by the Jan. 22 deadline, private cannabis retail stores will…

Manitoba Cannabis Producer Issues Recall

A Winnipeg-based cannabis producer is recalling two types of pot sold in Saskatchewan. The company, named Bonify, says it is recalling its “Cherry Lime” and “Warlock Kush” products. Bonify says the products may not meet some of the microbial and chemical contaminant limits that meet Cannabis Regulations. About 52 units of the recalled products were sold between Nov. 20 and Nov. 30. – Read the entire article at Global News.
A Winnipeg-based cannabis producer is recalling two types of pot sold in Saskatchewan. The company, named Bonify, says it is recalling its “Cherry Lime” and “Warlock Kush” products. Bonify says the products may not meet some of the microbial and chemical contaminant limits that meet Cannabis Regulations. About 52 units of the recalled products were sold between Nov. 20 and Nov. 30. - Read the entire article at Global News.

Mississauga Council Says No to Cannabis Shops

Retail cannabis stores will be not permitted in Mississauga. City council chose at its Wednesday meeting to opt-out on allowing private retail shops to sell cannabis in Mississauga. The federal government legalized cannabis on Oct. 17, and the province has since made it available for purchase via its online portal the Ontario Cannabis Store. “This is a very concerning provincial distribution model for private retail of cannabis,” Councillor Chris Fonseca said. Councillors Fonseca, John Kovac,…
Retail cannabis stores will be not permitted in Mississauga. City council chose at its Wednesday meeting to opt-out on allowing private retail shops to sell cannabis in Mississauga. The federal government legalized cannabis on Oct. 17, and the province has since made it available for purchase via its online portal the Ontario Cannabis Store. “This is a very concerning provincial distribution model for private retail of cannabis,” Councillor Chris Fonseca said. Councillors Fonseca, John Kovac,…

Why Are So Many Countries Now Saying Cannabis Is Ok?

Around the world attitudes towards the use of cannabis are shifting. Mexico’s new government plans to legalise recreational cannabis use, as does the incoming government of Luxembourg. Meanwhile, New Zealand’s leaders are considering a referendum on wh…

Around the world attitudes towards the use of cannabis are shifting. Mexico's new government plans to legalise recreational cannabis use, as does the incoming government of Luxembourg. Meanwhile, New Zealand's leaders are considering a referendum on what their approach should be. As public opinion - and that of governments - changes, it seems increasingly likely that other countries will follow, raising questions about how they work together to manage the use and supply of cannabis.…

Aurora Cannabis Stock Fails to Hold Gains After Company Unveils Plan to Buy Mexican Partner

Rest of sector mixed after rally sparked by Altria investment in Cronos Just days after Aurora Cannabis Inc. announced a supply deal with Mexico’s Farmacias Magistrales SA, the Canadian cannabis company said it has entered a letter of intent to buy all of the company’s outstanding shares in an all-stock deal. Farmacias is Mexico’s first and, for now, only federally licensed importer of raw materials containing THC, the psychoactive ingredient in cannabis, Aurora ACB, -0.35%…
Rest of sector mixed after rally sparked by Altria investment in Cronos Just days after Aurora Cannabis Inc. announced a supply deal with Mexico’s Farmacias Magistrales SA, the Canadian cannabis company said it has entered a letter of intent to buy all of the company’s outstanding shares in an all-stock deal. Farmacias is Mexico’s first and, for now, only federally licensed importer of raw materials containing THC, the psychoactive ingredient in cannabis, Aurora ACB, -0.35%…