Recreational Marijuana News

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Synonyms: 
lifestyle
recreational
Wed
04
Mar

Artisanal Vs. Pharmaceutical Cannabidiol

A preliminary study to be presented at an upcoming American Academy of Neurology conference claims teens with epilepsy treated with pharmaceutical CBD fared better than those using “artisanal” cannabidiol.

“Artisanal” refers to a product made in a traditional or non-mechanized way. Artisanal cannabidiol is manufactured outside of what would be considered an industrial laboratory environment. The preference for artisanal cannabidiol could be any of a number of reasons – including cost. It’s been used by some patients for years to help manage epilepsy.

Wed
04
Mar

Cannabis Drinkables – Are They More Popular than Edibles?

Cannabis is undoubtedly having a moment. In some of the biggest markets around the world, both CBD and THC – the most prevalent of the cannabinoids found in the plant – are being added to all manner of products. But could Cannabis ‘drinkables’ soon be more popular than ‘edibles’?

In countries such as Canada, which launched ‘Cannabis 2.0‘ in October, and a growing number of states in the USA, Cannabis offers big opportunities to new and existing businesses. And in no area is this truer than the food and drinks industry.

Wed
04
Mar

Cannabis companies launch lower-cost products in bid to compete with black market

Since Canada legalized weed in October of 2018, cannabis companies have been struggling to compete with the still-thriving black market in the country. 

In an effort to sway consumers toward legal marijuana, several Canadian cannabis businesses opted to launch new low-cost products.

Last year, Ottawa-based Hexo Corp announced a new product dubbed Original Stash that retails for $125.70 for a 28-gram package.

Now other companies are joining in with their respective lower-priced variants.

In April, Canopy Growth plans to launch Twd. – a one-ounce product that will sell for $4 per gram. The company says Twd. will feature a THC content of 13% to 25%.

Tue
03
Mar

Canntab Receives Health Canada Licence and Closes $3.08M Offering

Canntab Therapeutics Limited, the leading innovator in cannabinoid and terpene blends in hard pill form for therapeutic applications, is pleased to announce that on Friday, February 28th, 2020 it successfully  received its Cannabis Standard Processing & Sales for Medical Purposes Licences from Health Canada, and that it has closed the first tranche of its non-brokered private placement offering for total gross proceeds of $3,080,000.

Mon
02
Mar

Wrestling world grapples with how to deal with fighters’ weed use

Professional wrestler and vocal weed lover Rob Van Dam responded to a fan’s tweet with some very exciting news for fans of the fighter and his substance of choice.

“@TherealRVD needs to drop his own strain,” a Van Dam fan tweeted at the wrestler. “4.20 Denver. It’s happening,” Van Dam replied.

Although he has yet to disclose any further details about the endeavour, fans were highly receptive of the news.

Mon
02
Mar

Canada to Offer 'Value' Marijuana Brands to Compete With Illegal Sellers Market

Canadian cannabis companies are introducing lower-priced, "value brand" marijuana in a bid to overtake sellers on the illegal market, who reportedly account for nearly 70 percent of the country's total cannabis sales.

Recreational marijuana was legalized in Canada under the Cannabis Act, which has been in effect from October 2018. Canada is the second country in the world to legalize cannabis for recreational use nationwide after Uruguay.

Mon
02
Mar

Canadian Cannabis Buyers Want Mids

It’s not that startup companies trying to hype up their valuations are dumb. But if they aren’t foolish or deluded, unicorns, in both the weed and the normie world, are deliberately misleading.

Blue Apron, the cook-it-yourself meal-by-delivery startup, floated itself to an obscene only-in-Silicon Valley valuation of $3 billion on the promise that it could ship meals to “99 percent of would-be home cooks.” Spoiler, but blanketing the continent in boxes of food didn’t quite pan out.

Mon
02
Mar

Who knew? Lower prices trigger higher sales at Cannabis NB

Cannabis NB launched believing low prices were not required to succeed in New Brunswick but after consumers taught it a hard lesson on that point, the Crown corporation has adopted a different approach — aggressive price discounting.

And it appears to be working.

Last week Statistics Canada reported legal cannabis sales in New Brunswick in December were $4.1 million, an 18.4 per cent improvement over November. It's the fourth straight monthly increase in sales in New Brunswick, where per capita purchases at government cannabis outlets have overtaken those in Nova Scotia.

In January Cannabis NB's Tom Tremblay credited lower prices - which the agency initially dismissed as unimportant - for much of the improvement.

Mon
02
Mar

Cannabis drinks have been legal for over 2 months in Canada — so why aren't they on the shelves?

Just a few steps into the Tweed retail cannabis shop in Osborne Village, potential customers pass by a prominent sign that boasts of THC and CBD-infused drinks, as well as a tall — and currently empty — fridge designed to keep the fizzy offerings cool.

It isn't clear when the high-inducing carbonated beverages will be available at this store, or others.

"The one thing that we didn't quite get right was managing expectations," said Jordan Sinclair, vice-president of communications with Canopy Growth, which owns Tweed and Tokyo Smoke retail stores.

Despite the fact that these drinks have been legal for 2½ months, Canopy-owned companies aren't the only ones without cannabis-infused beverages on store shelves.

Mon
02
Mar

Weed may be contributing to spike in pedestrian fatalities

Pedestrian fatalities have reached a 30-year high in the U.S. and smartphones, SUVs and marijuana may be to blame.

A new study has found that 6,590 pedestrians were killed in car crashes in 2019, an increase of five per cent from the previous year and up 60 per cent from 2009. That also happened to be the year the first smartphones starting appearing, New York Post reports.

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