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Supply-demand imbalance grows for Canadian cannabis edibles

Makers of edible cannabis products in Canada continue to stock more goods than they’re able to sell, the latest data from Canada’s cannabis regulator shows. In August, federal license holders, provincial distributors and retailers held almost 10 millio…

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Canadian legal marijuana sales exceed CA$256 million in September

Canadian sales of regulated cannabis reached 256.3 million Canadian dollars ($196.4 million) in September, a 1.85% increase over August’s sales as the pace of monthly growth slowed. Statistics Canada’s September’s cannabis sales figur…

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How Canadian cannabis firms lost millions on bad greenhouse deals

When Aurora Cannabis acquired greenhouse design firm Larssen in late 2017, it was a shot across the bow of rival Canadian marijuana producers. In short, the Alberta-based producer was signaling to the industry it intended to win the “funded capacity” r…

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Canadian cannabis sales grow to nearly CA$245 million in August

Canadian sales of legal adult-use cannabis grew by 5.2% from July to August, reaching a monthly total of 244.9 million Canadian dollars ($186.9 million). The monthly record for Canadian marijuana sales implies an annualized market worth more than CA$2….

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Corporate Cannabis Struggles While Craft Producers Thrive

CANNABIS CULTURE – Financial experts blame price wars with the legacy market, increased competition, and unexpected consumer disinterest in Cannabis 2.0 products for the plummeting stocks of corporate LPs like Aurora and Canopy. However, with the numbe…

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Five Questions With Green Party Candidate Scott Bernstein

CANNABIS CULTURE – British Columbia is holding a snap election. In my riding of Vancouver-Kingsway, I finally have a chance to vote for a real progressive drug peace activist, who is saying all the right stuff about drug policy. I asked Scott Bernstein…

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Retailers Call It Unfair For BC Liberals To Exclude Cannabis From PST Tax-Cut Promise

BC Liberal Party plans to take the 10% PST off booze, while leaving the 7% PST on cannabis. What happened: Legal cannabis retailers in B.C. are calling the BC Liberals’ more than $10-billion promise to eliminate the provincial sales tax (PST) for one y…

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From Cherries To Weed: Canadian Farming Family Harvests 60 Acres Of Cannabis

It’s October, which means for outdoor cannabis cultivators in Canada, it’s also harvest season. Nearly 50 firms across the country are licensed to grow outdoors, but just one can say its first harvest has been in the works for nearly seven years. Despi…

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B.C. Municipalities Continue To Be Left Out Of Cannabis Revenue-Sharing

Resolutions on cannabis, election financing, transit, mental health and addiction were endorsed at the Union of B.C. Municipalities convention. Municipal governments are once again appealing to the B.C. government for a share of the cannabis excise tax…