Ontario

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Fri
02
Oct

Supposedly vacant factory in Ontario filled will 10,000 cannabis plants

A search warranted executed at a “vacant” factory in Midland, Ont. revealed that the property wasn’t exactly empty, containing thousands of cannabis plants.

The site was shut down after about a dozen officers converged on the site at about 6 p.m. on Sept. 28, according to Barrie Today.

Thu
01
Oct

Pot prices at Ontario Cannabis Store rival those of illicit market for the first time

Legal recreational cannabis is beginning to gain ground in its fight against the illicit market, according to new Ontario Cannabis Store data.

A report released by the provincial pot distributor Wednesday revealed that between April and June, legal sources of cannabis made up 25.1 per cent of the total market, an increase from 24.7 per cent in the previous quarter.

The average price of dried flower per gram on OCS.ca fell to $7.05 including taxes during the same period, beating the average price of cannabis on sale through illegal mail-order marijuana sites, which reached $7.98.

"This quarter marks a milestone for the sector on the critical front of pricing," said chief commercial officer Cheri Mara in the report.

Wed
30
Sep

The AGCO begins issuing 10 cannabis Retail Store Authorizations per week

On September 1, the AGCO announced the Government of Ontario’s direction to double the pace of cannabis Retail Store Authorizations (RSA) beginning this fall, from 20 to 40 per month.

Wed
30
Sep

Ottawa to form advisory committee after Canadians voice interest in ‘cannabis health products’

The results are in from more than two months of public consultations by Health Canada regarding cannabis health products, with more than 60 per cent of respondents indicating that they would be interested in such items.

Tue
29
Sep

Chatham resident takes down backyard burglar to protect homegrown pot

One Chatham resident took the law into his own hands this weekend to protect his precious homegrown pot patch from a pesky thief.

The grower, a homeowner on Park Street, realized that a man was trying to steal his legally-cultivated cannabis plants just after 9 p.m. on Friday, September 25, Chatham Daily News reports.

Tue
29
Sep

Ontario Cannabis Store appoints Thomas Haig as interim president and CEO

The Ontario Cannabis Store says Thomas Haig has been appointed interim president and chief executive.

The provincial pot distributor says Haig was chosen because of his experience in retail and logistics that he earned while in key positions at Hudson's Bay Co., Zellers, Giant Tiger and Danier.

Haig succeeds Cal Bricker, who took a leave from being the Ontario Lottery and Gaming Corp's senior vice-president of horse racing to lead the OCS a year ago.

The OCS says Bricker is moving on from his role at the organization, but did not specify what he has planned next.

In the coming months, Haig will oversee distribution to new retail stores.

Fri
25
Sep

Gone with the wind: Pot pillaging on the rise in Ontario as harvest season arrives

Some Ontario growers aren’t getting the chance to reap what they sow thanks to an uptick in robberies that have — not coincidentally — arrived alongside harvest season.

Fri
25
Sep

Niagara has six authorized cannabis retailers, more than 30 awaiting approval

Cannabis retailers are starting to prepare for the reality of no longer being the only game in town.

Sherri Graham is the general manager of 10 Cannabis Supply Co. locations in the province — one of them on Niagara Parkway in Fort Erie that started serving THC products over the counter on Aug. 24.

Since 2016, the company served medicinal customers as a telemedicine clinic, which the Fort Erie store also did prior to becoming a full-service dispensary for recreational users last month.

It has plans to open a location in Niagara Falls around mid-December, and another in St. Catharines in early 2021, said Graham.

Currently the lone licensed store in Fort Erie, a town of 30,000 people, they could have some company from the same industry nearby soon.

Thu
24
Sep

Most actively traded companies on the Toronto Stock Exchange

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: 

Toronto Stock Exchange (15,817.11, down 325.78 points.)

Canadian Natural Resources (TSX:CNQ). Down 66 cents, or 2.92 per cent, to $21.94 on 11.4 million shares.

Just Energy Group Inc. (TSX:JE). Energy. Down 14 cents, or 28.87 per cent, to 34.5 cents on 10.9 million shares.

Bombardier Inc. (TSX:BBD.B). Industrials. Down 1.5 cents, or four per cent, to 36 cents on 8.2 million shares.

Kinross Gold Corp. (TSX:K). Materials. Down $1.24, or 10.13 per cent, to $11.00 on 7.8 million shares.

Aurora Cannabis Inc. (TSX:ACB). Health care. Down $2.83, or 29.09 per cent, to $6.90 on 7.5 million shares.

Thu
24
Sep

So far 16 cannabis store license applications have been made in Guelph

The total number of retail cannabis applications in Guelph has increased to 16, including the three stores that have already been authorized to open in the city.

There are currently three legal cannabis retailers open in Guelph: Spiritleaf on Edinburgh Road South, Q-Bud on Wyndham Street and Bud’s Cannabis Store on Stone Road West.

Bud's opened on Sept. 18 in the same plaza as McDonald's and East Side Mario's.

On Tuesday another retailer, J. Supply Co. Guelph, entered the public notice phase of the application process, which ends Oct. 6. The store is proposed for Unit 106 at 1515 Gordon St. at Lowes Road.

On Sept. 28 the public notice phase will end for Sativa Bliss Cannabis Store, which is proposed for 45 Wyndham St. N. Unit 103.

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