While the beginning of cannabis legalization in Canada was characterized by a surplus of product, many in the industry now say that trend has been shifting to a shortage in recent months. This is good news for cannabis growers, as it means having more …
business
How The Cannabis Industry Thrives on Innovation
If you’re not part of it, you might not realize cannabis is one of the most innovative spaces right now. Imagine a massive, $27 billion (and growing) industry that can’t use everyday, traditional consumer infrastructure. There’s no Amazon, PayPal, Door…
Retail Cannabis Sales Growth Continues To Slow, Retail Stores Decrease
Retail cannabis sales rebounded in February and April after dropping to their lowest in nearly a year in January 2024, according to the most recent figures from Statistics Canada. Although cannabis sales in Canada still show year-over-year growth, the …
Air Canada Wins Right To Test Flight Attendant’s Hair For Pot Use
A federal labour arbitrator has given Air Canada the green light to test a strand of a flight attendant’s hair for drugs after two of the man’s housemates — and fellow employees — claimed he was smoking a bong and making jokes about hijacking. Accordin…
Where Canada’s Weed Legalization Went Wrong
In March, a panel of experts in Canada quietly released the first authoritative evaluation of one of the biggest public policy changes in the country in recent memory: its legalization of cannabis. In 2018, Canada became the first G-7 nation to legaliz…
One-Third of Canadian Cannabis Users Consuming Illegal Weed: Report
One-third of cannabis users still buy from the black market despite the legalization of pot in Canada in 2018, according to the Department of Public Safety. Smokers who buy from illegal sources argue they can obtain better weed, prices and service than…
Canada’s Finance Minister Warned About Cannabis Industry ‘Financial Distress’
Canadian Finance Minister Chrystia Freeland was warned last fall about systemic “financial distress” facing the country’s cannabis producers, including skyrocketing tax debt and widespread insolvencies. The calamities facing the industry were spelled o…
How a Cannabis Crash is Weeding Out The Field, While It’s a Slow Burn For Others Trying to Survive
Some large investments in N.L. production have gone up in smoke As Brian Keating pulls the plastic lid off a small cannabis storage container, a pungent herbal smell wafts quickly throughout the room. “That’s quality,” said Keating, referring to the hi…
B.C. Cannabis Industry Calls for Government Action
B.C. cannabis growers say the recently tabled Cannabis Act final report was a step forward, but that more needs to be done to address the many challenges faced by the industry. More than five years after cannabis was legalized in Canada, the government…
Coquitlam Couple Urges B.C. To Open Cannabis Consumption Spaces
“At the end of the day, we just want to normalize this because there’s still such a strong stigma out there,” said Coquitlam’s Jeff Curtis. A Coquitlam couple is calling on the provincial government to allow cannabis consumption spaces in B.C. Jeff and…