Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Tue
16
Feb

Brewing Buds: Big Beer corporations enter the cannabis industry

The rising tide of legal cannabis commerce is finally attracting the attention of so-called “Big Beer” corporations, and with good reason. Over the past seven years, home and craft brewers carved a niche for themselves by partnering with hemp farms and wholesale retailers with cannabis terpenes for sale to make infused beers — a novel and unique new line of products in a once oversaturated beer market.

Since 2017, Big Beer has slowly begun to test the waters of the infused beer space with the rollout of a number of tentative, experimental products.

Fri
12
Feb

Aurora Cannabis misses Q2 expectations as recreational sales slide

Aurora Cannabis Inc. said its second-quarter revenue came in flat from the prior period, while missing expectations as the company sold less legal pot in the Canadian recreational market. 

Aurora said that it generated $67.7 million in revenue in its fiscal second quarter, little changed from the prior three-month period, but up 23 per cent from last year. The Edmonton-based company said its sales in the Canadian recreational cannabis market fell 17 per cent from the prior quarter to $28.6 million while its medical cannabis revenue rose 16 per cent to $38.9 million. 

"We made some decisions in the quarter that impact on revenue," said Miguel Martin, chief executive officer at Aurora, in an interview. 

Fri
12
Feb

A quarter of polled Canadians turned to cannabis last year during the pandemic

A new analysis from the Canadian Institute for Health Information (CIHI) confirms what many have reported for months: COVID-19 has ratcheted up cannabis and alcohol use.

Thu
11
Feb

The (Arrested) Rise of Craft Cannabis in Canada

It’s no secret that the rollout of cannabis legalization has underperformed in countries like Canada. Since legalization in October of 2018, industry experts have warned that the projections of the big cannabis firms and venture capitalists far exceeded the expected demand from the legal market.

Wed
10
Feb

Canopy books $829M loss in Q3, expects profits to come next year

Canopy Growth Corp. reported Tuesday its third-quarter revenue rose 23 per cent to $152.5 million, beating expectations, yet the company sees its elusive goal of becoming profitable still a year away. 

The pot producer said it lost $829.3 million in the three months ending Dec. 31, roughly half of which was due to impairment charges related to the closure of several production facilities last year. A year earlier, Canopy posted a net loss of $109 million.

Wed
10
Feb

A guide for Canadians looking to try cannabis this Valentine's Day

“In high school, my nickname was Miss Bakes. I guess it’s true what they say; old habits die hard,” says Katie Lake, who is currently working as a budtender at Shop Cori, a cannabis store located in Toronto.

Mon
08
Feb

What is lab accreditation and what could it mean for your cannabis?

For nearly a decade in the early 2000s, Flin Flon, Manitoba, was home to Canada’s “marijuana mine.”

Saskatchewan company Prairie Plant Systems held an exclusive contract to produce cannabis deep within an unused section of the Trout Lake Mine, a location reportedly selected as a grow site for its security.

Andrew Adams, the former director of Health Canada’s drug analysis service, oversaw the testing for the cannabis that was grown in the mine shaft.

Beyond the cannabinoid content, the government tested for metals, fungal toxins, microbial and chemical contaminants, and other foreign matter. According to Adams, the data was freely accessible and posted on a Health Canada website.

Fri
05
Feb

Tackling the agronomic challenges of cannabis production

The cannabis industry has taken investors and producers on quite a ride since it was legalized in Canada in 2018. What exactly does it take to grow this unique crop, and what challenges do licensed producers face in this industry?

Bill MacDonald, professor and coordinator of the Commercial Cannabis Production Program at Niagara College Canada, recently joined Bernard Tobin to talk about his recent presentation at the Ontario Certified Crop Advisors virtual conference last month.

Thu
04
Feb

As Canada Enters Cannabis 2.0: A New Chance for Brands to Stand Out

When you go to the grocery store, do you pick your tomatoes based on the greenhouse they came from? Or do you just pick the ones that look the best and go about your day?

Thu
04
Feb

The most Canadian-sounding company ever closes financing to complete build-out of huge hemp processing facility

Canadian Rockies Hemp Corporation (CRHC) has plans to make the small town of Bruderheim, Alta. into a very big thing when it comes to industrial hemp processing.

With a population of 1,308 in 2016 — having soared to that level from 1,155 just five years earlier — Bruderheim is the home of CRHC, an agribusiness focused on processing hemp at scale for industrial use outputs.

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