Cronos Focuses Efforts on Cannabis Vaping versus Edibles – LPC When cannabis edibles legalization happens later in 2019, another form will also be legalized: cannabis vaping. That’s because the sale of cannabis extract, which will be the main ingredient in cannabis vaping, will be legalized too. According to Mike Gorenstein, CEO of Cronos Group Inc.,…

Despite Issues, Lottery for Most Cannabis Stores Remains in Place – LPC The Government of Ontario announced it will give out licences for 50 cannabis stores to open as early as October 2019. The Alcohol and Gaming Commission of Ontario (AGCO) will hold a lottery on August 20. That includes licences in the north of…

Resigned or Fired? Questions Swirl as Linton Steps Down – LPC Licensed producer Canopy Growth announced this morning that Bruce Linton steps down as co-CEO and will leave the company. “The board decided today, and I agreed, my turn is over,” Linton said in a company press release. The founder and very public face of…

Retailers Say Cannabis Sales Bump Challenging Liquor – LPC According to the Calgary Sun (see link below), cannabis retailers claim a cannabis sales bump this Canada Day weekend. This is the first Canada Day celebrations since cannabis was legalized in October 2018. Mark Goliger, CEO of National Access Cannabis (NAC) which has 15 stores in…

Yukon Remains the Highest in Per Capita Cannabis Sales – LPC Statistics Canada revealed that cannabis sales in Ontario more than doubled in April 2019 with the opening of bricks-and-mortar stores. In previous months, legal cannabis sales through the Ontario Cannabis Store (OCS) ranged between $7 million and $8 million per month. That jumped to…

Research Still Needed into CBD Remedies, but Facts So Far Are Encouraging – LPC When it comes to CBD remedies, it’s difficult to decide who is right and who is wrong. You hear all these “miracle” stories about how cannabis cured this disease and relieved those symptoms. But then you hear from doctors who say…

  Australian Scientists Find CBD Antibiotics Killed Bacteria Including Antibiotic-Resistant Strains Scientists in Australia found that CBD antibiotics killed bacteria including antibiotic-resistant strains. What’s more, those same strains didn’t develop any resistance to CBD antibiotics over time. That has created the possibility of a whole new class of drug to fight “superbugs”. “We still don’t…

Canada Could Switch from Shortages to Cannabis Oversupply Quickly – LPC Analyst Tom Adams of BDS Analytics said that Canada could see cannabis oversupply as early as 2019. He based his predictions on patterns on other markets, and the ability of licensed producers to increase production. “The point of balance will last about 10 seconds,”…

“Power Couple” at World Cannabis Congress in Saint John Discuss Making Best Hemp-Derived CBD Products Possible – LPC Canopy Growth Corporation CEO Bruce Linton took to the state with Martha Stewart to discuss hemp-derived CBD products at the World Cannabis Congress in Saint John, NB. The cannabis “power couple” said their first market will be…