Marijuana Politics

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Tue
12
Jan

OPP shifts focus from illegal cannabis storefronts to production, online sales

NEWS RELEASE
ONTARIO PROVINCIAL POLICE
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In the last two years, members of the Ontario Provincial Police (OPP) Provincial Joint Forces Cannabis Enforcement Team (PJFCET) have tackled illegal cannabis production, sale and distribution enterprises across Ontario.

The PJFCET is responsible for enforcing the cannabis laws and investigating criminal enterprises that exploit or abuse the legal cannabis market and consists of members from: OPP, Kingston Police Service, Hamilton Police Service, Barrie Police Service, Waterloo Regional Police Service, Sarnia Police Service, Windsor Police Service, London Police Service, and Niagara Regional Police Service.

Tue
12
Jan

Regulators play 'Whac-A-Mole' as Vancouver's illegal pot shops flourish

When Harrison Stoker notices a big spike in daily sales volume at one of the 20 Dutch Love cannabis shops he oversees, he invariably gets the same explanation when he queries store staff: There was a raid that day at the illegal pot shop nearby.

At Dutch Love’s Kitsilano location, for example, Stoker has noticed daily sales nearly double on days when there’s enforcement action at Canna Clinic, the long-running unlicensed pot shop on the next block.

Mon
11
Jan

Ontario Cannabis Store to begin culling unsaleable products, introduces craft designation

Ontario’s provincial cannabis retailer will soon stop carrying products that don’t meet certain sales targets and introduce a "craft designation" to boost smaller licensed producers.

The strategy, which was outlined in a webinar Friday for Canadian cannabis producers, will see products sold through the Ontario Cannabis Store (OCS) be required to meet weekly sales targets consistently or face delisting from store shelves. 

Mon
11
Jan

Which Country Will Legalize Cannabis Next?

It may be hard to pinpoint the exact time when cannabis will be legalized worldwide, but it’s a safe bet that eventually, most, if not all of the planet, will end cannabis prohibition.

In theory, there could always be a limited amount of countries that stay on the wrong side of history for a very long time. However, most countries will presumably legalize at some point.

Cannabis prohibition is a failed public policy wherever it exists, and that, combined with the economic benefits of a vibrant cannabis industry, is going to influence lawmakers around the globe to step up and end prohibition in their jurisdictions.

Thu
07
Jan

Markets react to prospect of 'blue wave' in Georgia Senate vote

Investors digested the somewhat unexpected win of two Georgia Senate seats by the Democrats on Wednesday, completing an apparent so-called blue wave that could have major consequences on the stock market.

Democrat Raphael Warnock beat incumbent Republican Kelly Loeffler in one of Georgia's two Senate run-offs, and Democrat Jon Ossoff was leading incumbent David Perdue in the other.

Tue
05
Jan

How Canada’s legal pot rules could change in 2021

Health Canada wants to know how the public feels about how cannabis is sold, labelled, and researched. Industry experts expect the feedback to prompt a mild relaxation of rules for packaging and possession of infused drinks, leaving more controversial topics like advertising to a broader review of the Cannabis Act in 2021.

Tue
05
Jan

Canadian health regulator says people growing too much pot at home

Canadian health regulator on Thursday raised concerns about the large quantity of medical marijuana people were growing at home, after its data showed a significant jump in daily average production permitted by health care practitioners.

While the practitioners can allow registered patients to grow limited amount at home for personal use, the regulator's findings show that such authorizations rose to a staggering 36.2 grams by the end of March, compared with 25.2 grams in October 2018.

Meanwhile, average purchases by registered patients, who can buy pot from licensed producers and federal medical sellers, have stayed as low as 2 to 2.1 grams every month, data showed.

Mon
04
Jan

Cannabis: 4 things to watch for in 2021

Making predictions about California’s marijuana industry was a challenge even before a global pandemic changed everything.

It’s not just that the legal cannabis market, which launched three years ago in California, is so new. It’s also the singularity of an industry in which licensed, legal operators still compete against a much larger illicit market, even as the industry’s core consumer product — which is medicine for some people — remains illegal at the federal level.

Mon
04
Jan

Cannabis in Canada: 2020 reflections and 2021 predictions

Canada celebrated the second anniversary of cannabis legalization this past October, and with it, the growing sophistication of the industry’s producers and its consumers.

With any emerging industry comes the need for flexibility and adaptability — and this was needed even more so with the unexpected arrival of the COVID-19 pandemic in March.

Industry players were required to stay lean, nimble and responsive to fluctuating economic conditions and rapidly changing demands.

We were reminded that Canada’s cannabis industry is still in the early days of legalization, and that growing pains are still very apparent. In 2020, we saw many cannabis companies continue to scale back their operations in an effort to achieve profitability.

Thu
24
Dec

The European Union Is Going To Be A Major Driving Force For CBD In 2021

Read entire article at Technical 420

With 2020 coming to a close in less than two weeks, we want to highlight one of the most significant themes of the year as it relates to the cannabis industry.

The theme is the European Union (EU) and we believe that the continent made significant strides in 2020. Although the EU cannabis market recorded impressive growth when compared to 2019, the growth came in below broker-dealer expectations and we believe that this put pressure on the companies that are highly focused on it.

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