CannTrust Receives Second Non-Compliance Notice – LPC
Weeks after Health Canada stopped cannabis sales from CannTrust’s Pelham, Ont. site, its Vaughn, Ont. has also been found to be “non-compliant with certain regulations.” CannTrust announced in a press release that it has been cited for inadequate security and improper cannabis storage procedures, among other things.
The company had its production licence suspended in July. That led to the firing of its CEO and board chair.
The company lost another 27% in stock price on August 12 after the news as investors worry about a Health Canada revoking its licence.
CannTrust said it is working with its 72,000 medical cannabis users to ensure they can access their medications.
Arizona Iced Tea Enters Cannabis Edibles Market – LPC
Arizona Beverage reached a licensing deal with Dixie Brands to distribute cannabis beverages under the Arizona name. The deal also allows Arizona to purchase up to a US$10 million stake in Dixie.
“The cannabis market is an important emerging category,” said Don Vultaggio, Arizona Beverages chairman. “The cannabis category is an ideal space to bring the flavour and fun of Arizona into new and exciting products.”
There is no word if the products will be sold in Canada, but it looks doubtful – at least at first. Given Canopy Growth’s partnership with US-based Acreage Holdings and other similar deals, future partnerships between Arizona and a Canadian company may happen once cannabis edibles legalization takes effect in December.
No Sampling Allowed at Boots And Hearts Music Festival – LPC
Aprhria was onsite with an information booth at the Boots and Hearts music festival on the August 10 weekend. But no sampling was allowed.
“There is absolutely no product sampling at the booth and we don’t have any for sale,” said Megan McCrae, the vice president of marketing. “You can’t even tell from the outside of the booth what we are and that is planned as this is not a 19+ event, so we made sure our section was appropriately accessible.”
However, other booths around her were able to advertise and sell alcohol. McCrae said she hopes that eventually the same rules for cannabis will apply.
“I truly believe that given the nature of the product we should be in the same position to be able to activate, market and educate,” she said. “I can appreciate that we’re on the global stage right now as one of the only countries to legalize cannabis. The government wants to do it in a responsible fashion, and I can appreciate that.”