Canopy, Aurora, Organigram Cite Lack of Retail Outlets – LPC Two companies reporting this week, Canopy Growth and Aurora Cannabis, both blame lack of retail outlets in Ontario for disappointing cannabis sales. Canopy CEO Mark Zekulin blamed the Ontario government directly for not opening up the legal retail market. “The fact of the matter is…

Freedom Cannabis Builds Canada’s Largest Rooftop Solar Panel Array – LPC Can “green cannabis” cultivation become a reality? Edmonton’s Freedom Cannabis is taking a step in the right direction. It recently unveiled a mega solar project to help reduce greenhouse gas (GHG) emissions – and reduce its energy costs. The panels were built and installed by…

One Analyst “Calls Bottom” of Canadian Cannabis Stock Declines – LPC Despite recent bad news from various quarterly reports, at least one analyst is displaying cannabis investor optimism. Cantor Fitzgerald Analyst Pablo Zuanic said that now is a good time to start looking at long-term cannabis investments. “We are calling the bottom on Canadian cannabis…

Small but Lucrative Operations Can Help Locals and Companies Alike – LPC We’ve heard about Lesotho cannabis opportunities in passing before. Supreme Cannabis has its Medigrow Lesotho brand. Canopy Growth invested approximately $29 million to buy Daddy Cann Lesotho in May 2018. That same month, Aphria partnered with South Africa-based Verve Dynamics, which has a…

Bruce Linton Praises Approach to Celebrity Branding – LPC Rapper Drake teamed up with Canopy Growth to launch the much-hyped More Life Growth Co. in Toronto. For consumers, it may be just another celebrity-endorsed cannabis brand. Given Drake’s fame and his close connection to the city (and the Raptors), it will likely be a successful…

PR Blitz Coincides with Public Ban of Edibles – LPC The Government of Manitoba will spend about $450,000 telling residents to “Point Out the Pot”. The series of brochures and ads underlines the importance of warning people any cannabis when passing out edibles. The PR campaign will also remind people to keep edibles and all…

UBC Study Connects Cannabis with Lower Rates of PTSD – LPC People who use cannabis for PTSD (post-traumatic stress syndrome) tend to have fewer depressive episodes and suicidal thoughts. In fact, researchers concluded that PTSD sufferers who didn’t use cannabis were “far more likely” to have major symptoms. “Among the cannabis-non-using population, there was a…

Is the Industry Headed for Oversupply? – LPC Last week Aphria received its cultivation licence for its Aphria Diamond facility, which doubles cannabis production for the company. The new greenhouse adds 1.3 million square feet of production space amounting to a 140,000-kilogram increase in annual capacity. The faciity is also in Leamington, Ontario. Aphria owns 51…

Up to 98 Per Cent of Samples in US Non-Compliant – LPC A recent study in the US found contaminated CBD in illegal products. Further, the study by LegitScript ordered CBD from 300 online sources. Researchers found that 98 per cent were non-compliant in at least one regulation. Researchers also didn’t make it clear whether…

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