Marijuana Politics

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Tue
16
Apr

Weed prices soar since legalization, illegal pot selling for half the price: StatCan

Cannabis prices in Canada have soared since legalization with prices on the black market now reportedly less than half that of licensed dispensaries.

The average cost of a dried gram has rocketed since legalization last October, according to users who voluntarily entered what they paid into a Statistics Canada app.

The difference between legal and illegal prices is even more dramatic, with a gram in regulated stores averaging $9.99 per gram compared to less than $6.40 on the black market, some 36 per cent cheaper.

Mon
15
Apr

Should we blame marijuana for a 14-year high in positive work-related drug tests?

It's been a pretty incredible ride for the marijuana movement over the past couple of years. After spending decades as a taboo topic that lawmakers almost always swept under the rug, cannabis has now become a mainstream issue. It's been legalized for adult consumption in Canada, has been given the green light in some medical capacity in more than 40 countries around the world, and has more support in the U.S. than at any point over the past 50 years, according to polling by Gallup.

Fri
12
Apr

Provinces scale back cannabis-related revenue estimates amid sluggish start

It appears that the boon legalizing cannabis would generate for Canadian government coffers isn't as high as once thought. 

Thanks to a myriad of factors including limited supply and a shortage of physical retailers, several provinces are dialing back revenue projections on how much revenue legal cannabis was supposed to bring in. 

On Thursday, Ontario slashed the revenue it would receive in its share of excise taxes from the federal government in the current fiscal year in half, to $17 million from last year's forecast. In fiscal 2019-2020, Ontario now expects to generate $80 million in cannabis-related revenue, down from $115 million it projected with its budget last year. 

Fri
12
Apr

Canada's cannabis landscape: A province-by-province breakdown

As Canada’s six-month anniversary of marijuana legalization day approaches, it’s clear that it's been a bit of a rocky road.

Supply shortages have left customers and retailers frustrated across the country. Some provinces have already laid off workers or cut hours at government-run cannabis retailers, while others are still having trouble getting their retail networks off the ground.

A possible positive to take from the past six months is that there has been no indication of serious spikes in criminal activity or public health emergencies due to marijuana being more readily available – but even that could change as time moves on and more data is compiled.

Thu
11
Apr

B.C.'s legal cannabis lagging in competition with 'grey market' marijuana

B.C. rang up $19.1 million in legal cannabis sales in 2018, just seven per cent of Canada’s overall marijuana revenue, even though the province makes up nearly 14 per cent of the national population, according to an analysis by Arcview Market Research.

In Alberta, however, legal sales — both recreational and medical — added up to $216.5 million, about 28 per cent of the nation’s overall legal revenue although that province is only 12 per cent of Canada’s population.

Thu
11
Apr

Pot prices up 17.3 per cent post-legalization: StatCan

The average cost of dried cannabis has gone up by more than 17 per cent since legalization, with consumers in New Brunswick and Manitoba seeing the biggest jumps, according to an analysis compiled by Statistics Canada.

As well, the cost of a legal gram of weed appears to be rising as illegal cannabis prices drop.

Statistics Canada said Wednesday the unweighted average price per gram of dried cannabis from both legal and illegal sources combined post-legalization was $8.04. That legal price, which includes online and in-store purchases, amounts to approximately 17.3 per cent more than the pre-legalization price of $6.85.

Tue
09
Apr

Legally growing pot in Canada could void your home insurance

A recent court ruling in British Columbia, Canada that focused on the "material change" clause in homeowners insurance policies could have the potential to shed a spotlight on the incompatibility of such a position with new federal cannabis laws. According to the Globe and Mail, The decision of Vancouver Supreme Court Justice Margot Fleming in February 2019 could very well have far-reaching effects for all homeowners in Canada who grow even a single marijuana plant inside their home.

Tue
09
Apr

City will use 'aggressive enforcement' to shut down illegal pot shops, official warns

A week after legal pot stores began opening up in Toronto, city officials are warning they will take tough action against those who continue to operate illegally.

"We are starting an aggressive enforcement action [which will continue] for the foreseeable future," Mark Sraga, the director of investigation services for municipal licensing and standards, told CBC Toronto.

"Currently, our intelligence tells us we have 20 illegal cannabis stores open and operating in the city."

The first nine licensed cannabis stores in Ontario opened for business on April 1. There are two stores operating in Toronto — Yorkville-based Ameri, which opened Sunday; and The Hunny Pot, which started a week earlier.

Mon
08
Apr

No apologies for delays approving private cannabis sales in greater Vancouver

Some background checks take longer than others. That’s what we’re hearing as frustration mounts for retailers wanting to sell cannabis in greater Vancouver.

British Columbia’s Minister of Public Safety is defending the vetting process. Mike Farnworth says efforts are being made to weed out organized crime.

“I can tell you that a significant number of the applications that we have received do require a deeper dive because we find alerts that come up in the initial background checks that there are some issues, whether or not they’re criminal, but have to be thoroughly examined,” he says. “The fact that we’ve got extensive background checks tells me that the process is working.”

Thu
04
Apr

Calgary eyes extension for 100+ unopened cannabis stores whose permits could lapse as they wait for product

Calgary is looking to extend its normal deadlines for more than 100 cannabis stores that have been approved by city planners but have yet to open due to a shortage of legal marijuana in Alberta.

Normally, once a store's permit is approved, it has one year to actually open. The policy is meant to ensure storefronts are not left vacant for too long.

But city staff are recommending an exception in the case of cannabis stores due to circumstances outside the would-be weed sellers' control.

That's because the stores also require a licence from Alberta Gaming Liquor and Cannabis (AGLC), but the provincial regulator suspended its application process in November due to a product shortage.

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