Marijuana Politics

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senate
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Wed
18
Sep

Three of the federal party leaders say they've used cannabis — what plans do all frontrunners have for pot?

As the federal campaign trail drags on, the legalization of more pot products buds its head.

Canadians will be able to legally buy cannabis edibles, beverages, topicals and extracts in mid-December, after regulations come into effect on Oct. 17.

With the election only four days later and not much talk about toking, here’s what each potential prime minister has said about pot.

 

What has Justin Trudeau said about cannabis?

Well, he’s done more than just talk about weed — he’s smoked it.

Wed
18
Sep

Overcoming Canada's cannabis shortage

Shortages of Canadian marijuana appeared immediately after recreational sales of cannabis starting from October 2018.  Hence, there is a typical Canadian refrain almost lately.  Because of little inventory remaining, many stores are closed three days a week, and provincial distributors are blaming federal regulations and producers. Some of the giant retailer’s licenses have also frozen and some are limited to 25 stores on the state level.

Wed
18
Sep

B.C. government bans cannabis advertising in liquor-licensed establishments, special events

The B.C. government has banned the promotion and advertising of cannabis or cannabis products in liquor-licensed establishments such as bars, clubs, restaurants, and 19+ special events, per a policy directive issued late last night.

Tue
17
Sep

B.C. pot firm Evergreen Medicinal’s licence suspended by Health Canada

British Columbia-based cannabis producer Evergreen Medicinal Supply Inc.’s licence to grow and sell marijuana was suspended by federal regulators, the latest compliance shortfall to hit Canada’s legal pot market.

Health Canada spokesperson Tammy Jarbeau confirmed to BNN Bloomberg in an email that the government agency suspended Evergreen’s ability to “cultivate, process and sell dried and fresh cannabis, cannabis plants and cannabis seeds” in August following an unannounced inspection that led to a non-compliance order on the company.

Tue
17
Sep

Home growers take on corporate cannabis in Canada

In October 2018, Canada legalized cannabis for adult use nationwide. Under Canada’s Cannabis Act, adults are allowed to cultivate up to four cannabis plants per household, either indoors or outdoors. Now, almost a year into legalization, more Canadians are taking advantage of this freedom — and are pushing to expand it. 

Take, for example, a nursery in the small town of Petitcodiac, New Brunswick that decided to hold a workshop on home cannabis cultivation last week. They were overwhelmed by the turnout and had to find a bigger venue at the last minute.

Tue
17
Sep

Pasha Brands critical of post-prohibition cannabis enforcement

Pasha Brands Ltd. (“Pasha“) (CSE: CRFT) (OTC:CRFTF) (FSE:ZZD), Canada’s largest craft cannabis brands organization, released a statement today asking for the full expungement of criminal records for those charged under previous cannabis laws. Canada is one of the first countries to admit that prohibition has been a failure and been harmful for people and its economy on a variety of levels.

Mon
16
Sep

Quebec cannabis stores report $1.4 million in net income during second quarter

The Société québécoise du cannabis, Quebec’s online and storefront cannabis sales network, posted a net income of $1.36 million for the 12-week period that ended on June 22, based on total sales of $45.1 million.

In a report published on Friday, the SQDC revealed that its storefront branches proved to be vastly more popular than its websites during that period. According to the report, SQDC branches boasted sales of $39.5 million, compared to $5.6 million generated by the websites. In terms of quantity, the SQDC branches sold 5,512 kilograms of cannabis, while 752 kilograms were sold through the websites.

Mon
16
Sep

Cannabis sector sees its first fraud case as OSC alleges misuse of investor funds

The Ontario Securities Commission is mounting its first fraud case in Canada’s cannabis sector.

In a statement of allegations made public Friday, the regulator alleges that investor funds raised by Canada Cannabis Corp. were “misused.”

In addition, three individuals involved with the firm are accused of making misleading statements in communications with investors.

None of the allegations against Canada Cannabis, Benjamin Ward, Silvio Serrano and Peter Strang have been proven. An initial hearing is scheduled to take place Sept. 30 in Toronto.

The OSC says Canada Cannabis raised about $3.2 million and US$8.8 million from about 125 investors — about half in Ontario — between 2014 and 2016.

Mon
16
Sep

The Biggest Risk of Marijuana Legalization 2.0

Marijuana is poised to be one of the fastest-growing industries on the planet over the next decade. Worldwide sales have more than tripled to $10.9 billion over the last four years, and they could grow as much as 18-fold over the next decade, if investment bank Stifel's global sales estimate comes to fruition.

Mon
16
Sep

Legal edibles, other derivatives should add 3 million consumers to cannabis market

The second great Canadian cannabis rush is nearing the starting line, with pot entrepreneurs looking to stand out amid an onslaught of soon-to-be-legal edibles on the market.

Legal cannabis edibles and other derivatives are expected to grow Canada’s cannabis market by three million consumers, or 65 per cent, according to a poll commissioned earlier this year by a leading industry data collector.

The survey, conducted with 3,000 respondents last May by Lift & Co. and Ernst and Young, suggests the country’s 4.6 million adult cannabis users will grow to about 7.6 million after a wider variety of non-smokable licensed products go on store shelves at year’s end.

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