Marijuana Business News

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Tue
14
Sep

Canopy Growth launching CBD vapes in 3,000+ Circle K convenience stores

Vape pens

Canopy Growth Corporation has launched its first line of CBD vapes and consumers will soon be able to purchase them at Circle K convenience stores.

The product line, called whisl, features interchangeable pods in three formulas, each containing 200 milligrams of hemp-derived CBD with no THC

Tue
14
Sep

High Tide Reveals Design Concept for Cannabis Chop Club Retail Value Brand

cannabis store

High Tide Inc. ("High Tide" or the "Company") (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that it recently finalized and subsequently revealed the store design for its new cannabis retail value outlets, "Cannabis Chop Club". The interior aesthetic is both simple and approachable for the value customer and showcases a discount warehouse vibe along with a club membership feel. Cannabis Chop Club stores will also feature exclusive deals and wholesale prices for "Chop Club" members. The concept design was created in collaboration with Holland Design, an award-winning, Calgary-based interior design firm. (Photo Credit-CNW Group/High Tide Inc.)

Tue
14
Sep

Canada’s Cannabis Industry Sales Expected to Run from $3.1 Billion to $10.1 Billion by 2025

marijuana leaf

The cannabis boom is thriving in Canada. So much so, the industry is expected to balloon from $31.5 billion in 2020 revenue to $10.1 billion by 2025. Helping, sales growth for vape pens is expected to run from 3.9% in 2019 to more than 18% by 2022. Edibles are expected to increase from 1% sales growth to 9%, as topicals run from 0% to about 1%. In addition, sales are seeing higher highs. In June 2021, Canadian cannabis sales were up 59% in June to $319 million. That was after 68% cannabis sales growth for May 2021. One of the companies benefiting from that wild growth is Ayurcann Holdings Corp. (CSE: AYUR)(FSE:3ZQ0), a leading post-harvest solution provider with a focus on providing.

Tue
14
Sep

Some voice concern as two cannabis stores seek to open in University Village

Two cannabis dispensaries who have submitted applications for storefronts in University Village are facing criticism from UBC students and residents in the University Endowment Land (UEL).

There is currently a petition by Connie Chen, a UEL resident, with over 1,600 signatures protesting the two storefront applications expressing how cannabis dispensaries are inappropriate for UBC’s academic environment and how they put minors in a vulnerable position for exposure to illicit substances. Cannabis was legalized in Canada in 2018.

Other concerns communicated in the petition included the smell of cannabis and the potential for air pollution on campus.

Some students have expressed similar concerns to Chen and her petition.

Tue
14
Sep

Tremblant Cannabis by Laurentian Organic launches premium craft hashish in stores across Ontario this week.

marijuana leaf

Tremblant Cannabis (TC) announces its launch plans for the Ontario hash market today, with co-founder and President Eric Brosseau leading the charge. In partnership with Ontario Cannabis Store (OCS), TC will make their craft hashish available to consumers across the province. Products will be in dispensaries as soon as September 18th, and online on September 21st, 2021. Retailers looking to add the in-demand products to their stores will be able to do so as early as September 14th.

Mon
13
Sep

Cannabis Retailer Kiaro Initiates Analyst Reporting With Fundamental Research Corp.

marijuana leaf

Kiaro Holdings Corp. (TSXV: KO) ("Kiaro" or the "Company"), a national omni-channel cannabis retailer and wholesale distributor, is pleased to announce that the Company has initiated analyst coverage with Fundamental Research Corp (FRC) an independent small-cap research specialist firm located in Vancouver, B.C. Kiaro's initial research report and future reports may be obtained directly from FRC.

Mon
13
Sep

Delta farm gate cannabis sales on the horizon?

marijuana plant

 

It’s not on their radar just yet.That’s what Mandesh Dosanjh, president and CEO of Pure Sunfarms, recently told the Optimist about farm gate sales at their cannabis greenhouse operation in East Ladner.

 

The provincial government is currently working to establish a program that will allow producers to have direct delivery as well as farm gate sales.

Announced last year, the new program follows input and recommendations from long-time cannabis growers, Indigenous leaders and other stakeholders, giving Health Canada-licensed small-scale producers, including nurseries, the option of delivering cannabis directly to licensed retailers.

Mon
13
Sep

Cannabis could be used to make cushions after research by Scots scientists

sunset

Farmers could soon be growing cannabis to make ­eco-friendly foam cushions thanks to research done by ­scientists in Scotland.

Researchers at ­Scotland’s Rural College have found hemp – a plant best known for its ­hallucinogenic variety – can be used to make greener versions of ­environmentally damaging petrochemical products such as insulation, foam cushions and packaging.

Mon
13
Sep

BevCanna Signs Agreement with Canada's Leading Cannabis Sales Agency, Velvet Management

Emerging leader in innovative health and wellness beverages and products, BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) ("BevCanna" or the "Company") announces today that it has entered into a sales services agreement with Canada’s leading cannabis sales agency, Velvet Management Inc.

Mon
13
Sep

Rubicon Organics Executes Supplier Agreement with Medical Cannabis by Shoppers Drug Mart Inc.

Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified and premium cannabis, is pleased to announce that it signed a Cannabis Products Supplier Agreement with Medical Cannabis by Shoppers Drug Mart Inc. (“Shoppers”).

The supply agreement with Shoppers includes Simply Bare™ Organic hash, as well as both Wildflower CBD Relief Sticks and Wildflower CBD Cool Sticks in both 30g and 73g product formats. These products will be made available on the Medical Cannabis by Shoppers™ platform.

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