Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Thu
04
Mar

Sativa, Indica, or Hybrid: Which natural remedy works best for anxiety

Usually it is taught that Indica is a nighttime strain of weed because of its sedative properties, while the Sativa strain of cannabis has the opposite effects (provides us with a burst of energy rather than sedation).

So, the question arises - which one is a better option for anxiety? Sativa, Indica or Hybrid? Let’s take a closer look at them.

Indica

It is basically a cannabis subspecies and originates from South Asia and East India.  The plant of Indica marijuana is short and has broad leaves that grow in dark hues of green, with shades of pink and purple. It is known for its calming effects and pungent smell.

Wed
03
Mar

Canadian pot retailers eye U.S. expansion ahead of legalization efforts

Canadian retailers are making their presence known south of the border, seeking additional growth while attempting to establish a foothold ahead of U.S. legalization plans. 

Fire & Flower Holdings Inc., High Tide Inc., and Canopy Growth Corp.'s Tweed have begun wading into the U.S. cannabis market in recent weeks, taking similar cues from pot producers who have also entered the U.S. despite regulations that prevent Canadian-listed companies from fully operating in the space. 

"The companies are using Canada as their testing ground to get to the real prize, which is ultimately the U.S.," said ATB Capital Markets Analyst David Kideckel, in an interview. 

Mon
01
Mar

Huge East Ladner greenhouse about to step into lucrative Canadian cannabis market

A large-scale East Ladner greenhouse operation, that’s made the switch from vegetables to cannabis, is about to enter the market.

Partnering with AgraFlora Organics International Inc. to create the new entity Propagation Services Canada Inc., Houweling Nurseries announced this week that by this summer it will have its first commercial crop for sale.

“We have made recent modifications to existing infrastructure which has allowed us to significantly increase our drying capacity and increase revenue for summer 2021,” said general manager Ruben Houweling in a news release.

The venture will see the eventual conversion of the entire 2.2-million-square-foot greenhouse.

Fri
26
Feb

As more and more cannabis stores open, some ask: How many can stay in business?

If there’s one thing the western stretch of the Danforth, a busy street in Toronto’s east end, suddenly isn’t short of, it’s cannabis stores.

First it was Canvas, a brightly lit store in a former diner, part of a small local chain. Then, ten minutes’ walk down the street, Friendly Stranger, owned by national chain Fire & Flower, opened up shop. Then Green Merchant, part of a small local chain, opened a store across the street from the Friendly Stranger.

Finally, Canopy Growth, owner of retail chain Tokyo Smoke, confirmed this week to CTVNews.ca that they plan to open a fourth store in the neighbourhood, just across from Canvas.

Thu
25
Feb

Are Canadians Still Interested in Global Cannabis Investments?

As Canadian operators race to strengthen their positions in the cannabis landscape, are international pursuits outside North America still top of mind?

The role that mergers and acquisitions (M&A) have played in the expansion of Canadian companies across the globe has been monumental for the growth of the cannabis industry. Now the space has reached a critical point as the demands of the US market increase.

With the dominance of the US rising, how exactly do international plays beyond North America fit into the appetite for Canadian companies and investors alike?

Mon
22
Feb

Canada-led Project Hammerhead devours weed-smuggling operation

A Canada Border Services Agency-led operation that involved police and customs officials on both sides of the Canada/U.S. border has netted well over a half-ton of cannabis and almost a half-million in cash.

Specifically, the authorities seized 556 kilograms of weed, $467,480 in Canadian currency, US$3,000, three loaded handguns with their magazines, and five vehicles, notes a statement this week from the CBSA.

Mon
22
Feb

Canadian retail sales of cannabis double in December 2020 compared to December 2019

For retailers of cannabis, 2020 likely marks a temporary high point, according to new figures from Statistics Canada.

Year-to-year sales of cannabis as measured in dollars roughly doubled in 2020, from about $148 million in December 2019 to $298 million in December 2020. It is important to point out that cannabis retailers currently account for a tiny share of overall retail following the legalization of cannabis sales in the fall of 2018. Retail sales in December 2020 alone totalled $53.4 billion and $606 billion for all of 2020.

Thu
18
Feb

U.S. cannabis firm Verano goes public in Canada to aid growth

U.S. cannabis firm Verano goes public in Canada to aid growth

Cannabis retailer Verano CEO: We have always made money

Cannabis operator Verano Holdings Corp. is poised to go public as a growing number of companies seek financing and weigh deals to capitalize on the sector’s rapid growth.

The Chicago-based company is scheduled to begin trading Wednesday on the Canadian Securities Exchange following a reverse merger with Alberta-based Majesta Minerals Inc. Some U.S. firms have tapped the Canadian markets as legal restrictions prevent cannabis companies from trading on domestic exchanges.

Wed
17
Feb

Retail 2021: This will bring Canadian cannabis consumers back to brick-and-mortar

Given all of the unexpected circumstances of 2020, virtually every company — in every industry — is undergoing some level of change. From rethinking how their businesses are run, to reevaluating which strategies are going to be effective moving forward, there’s a lot for business owners to think about in 2021.

The cannabis industry has not been exempt from the impacts of the COVID-19 pandemic, and despite the development and distribution of new vaccines, many are still wondering what recovery could look like.

Wed
17
Feb

Will Canadian Cannabis Drinks Finally Get Their Moment With Bevcanna?

When Canada finally introduced the regulations that would allow edible and drinkable cannabis products in 2019, the industry was abuzz with excitement. A year after legalization, it seemed consumers would finally have access to infused snacks and beverages comparable to products found in legal states south of the border.

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