Nova Cannabis Sets Up Licensing Agreement with Toronto-Based Retailer The rules around Ontario’s retail cannabis licence structure are beginning to take shape. There have been some clear regulations, including the fact that licensed producers (LPs) cannot own more than 9.9 per cent of a retail cannabis operation. So how would the retail cannabis system work…

Revenues Up but Profits Missed Expectations – Could Be Sign of Things to Come Canopy Growth reported that third-quarter sales rose 282 per cent over the past year, though a dig deeper into the numbers could reveal something about the current cannabis industry. Unsurprisingly, the recreational cannabis market was the key driver, accounting for more…

Health Canada Receives 83 Micro-Cultivation Licence Applications Health Canada’s micro-cultivation licence may create a whole new sector of the cannabis industry: cannabis co-ops. The government agency said it has received 83 applications for micro-cultivation licence applications as of January 31, 2019. Many of those are from cannabis co-ops pooling knowledge and resources. In BC, the…

New Program Similar to Ontario’s Smart Serve for Alcohol; Promotes Responsible Cannabis Sales The Alcohol and Gaming Commission of Ontario (AGCO) announced that employees, managers, and owners will require CannSell certification. The new online program features four hours of responsible cannabis training. The AGCO, the regulating body of cannabis retail stores in Ontario, said that…

“We Don’t Need 100 Cannabis Companies,” Cannabis Industry Analyst Says BNN Bloomberg is reporting that cannabis industry analysts are predicting “shareholder activism” and consolidation of companies. These come in the wake of several reports of “inadequate” corporate governance practices within the cannabis industry. The sheer number of companies within the cannabis industry seems to indicate…

  Supply Chain Issues Causing Some Issues, Experts Say The so-called cannabis shortage may not be anything more than supply chain issues, recent figures suggest. December sales figures show that 7,252 kilograms of legal cannabis (dried) were sold along with 7,127 litres of cannabis oil. Those figures are for the recreational and medical markets combined. Surprisingly,…

  First Six Weeks of Cannabis Legalization Sees Brisk $2.1 Million in Business Statistics Canada released figures for legalized cannabis sales in November – and the results might be surprising. Stats revealed that PEI had the highest per capita legalized cannabis sales in the first six weeks of cannabis legalization. Provincial retailer PEI Cannabis’ sales…

  As with Alcohol, Ongoing Discussion with Youth about Cannabis Use Prepares Them to Make Their Own Decisions Now that legalized cannabis is available for adult use, the conversation is changing between parents and youth about cannabis use. “Kids are smart and they’re watching everything and everyone,” said Ashleigh Brown. Brown is the founder of…

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