Marijuana Politics

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Mon
11
May

Allowing cannabis delivery is a good start. But too much weed is still being sold on the illicit market

One of the biggest criticisms of Canada’s legalization of cannabis is that its cumbersome rules and limited retail options can’t compete with the black market. What would help? Allowing cannabis home deliveries from retailers to continue after the pandemic.

Fri
08
May

Ontario’s legal pot stores celebrate one year in business — but most cannabis users are still buying illegally

Canada’s black market of pot is still riding rampant over licensed retailers, a year into what many say continues to be a slow rollout of brick-and-mortar stores in Ontario and regulatory challenges.

Retail stores in Ontario sold approximately $200 million in recreational pot last year, accounting for the lion’s share of just under $300 million in estimated Ontario Cannabis Store recreational sales, said Cheri Mara, chief commercial officer for the OCS. That’s far below the estimated $2.9-billion provincial market value.

“I wouldn’t be honest with you if I said we were happy with that number … when our mandate is to eradicate the illicit market,” she said.

Mon
04
May

5 Reasons Cannabis 2.0 Sales Will Disappoint in Canada

For years, marijuana stocks were virtually unstoppable. The prospect of $50 billion or more in annual worldwide sales by 2030 sent North American cannabis stock valuations into the stratosphere. But over the past 13 months, most pot stocks have seen their valuations retrace anywhere from 50% to 95%. It's been ugly, with a capital "U."

Tue
28
Apr

From workplace discrimination to high costs, there’s plenty of fight left for cannabis advocates

I’ve been fighting for medical cannabis patients for 25 years.

Tue
28
Apr

U.S. cannabis companies say legalization would be an economic saviour. Have they learned nothing from Canada?

As COVID-19 brings economic growth to a standstill, some in the U.S. believe there’s a way out.

“When we all start to be able to lift our heads from this COVID experience, we are going to be faced with a scenario where a lot of jobs have gone away,” Charlie Bachtell, CEO of U.S.-based cannabis company Cresco Labs, tells CNBC. “How are we going to bring that back? I think cannabis has to be part of that discussion,” he says.

Mon
27
Apr

Canada’s response to the Cannabis Industry during COVID-19 by Province

A scope into Canada’s response to the Cannabis industry during Covid-19 by province reveals the industry’s resilience in the face of these trying times.

cannabis industry

Mon
27
Apr

The State of the Cannabis Industry Amid the Pandemic

As a

Fri
17
Apr

Canada tried to decriminalize cannabis 17 years ago. This is how it all came together before falling apart

Martin Cauchon stood in the House of Commons and took a breath. It was the spring of 2003 and as the Minister of Justice and Attorney General of Canada, Cauchon was about to introduce Bill C-38, a piece of legislation that would decriminalize the possession of marijuana. 

Thu
16
Apr

Canada’s pot companies eligible for coronavirus emergency relief loan program

Canadian marijuana companies were finally confirmed as eligible for financial assistance during the coronavirus crisis after initial confusion in the industry.

Last month, the Export Development Canada (EDC) agency and the Business Development Bank of Canada (BDC) were granted CAD$10 billion to distribute in the form of loans to small businesses as part of the Canadian government’s emergency stimulus package.

However, the CEO of cannabis producer Tantalus Labs informed people via Twitter that he was denied help as the federal development bank is “not authorized to do business” with marijuana companies.

Thu
16
Apr

Marijuana Has Been Deemed ‘Essential’ — But Essential for Whom?

As the coronavirus spread across the country in March, and stay-at-home orders began to go into effect, every state with a regulated cannabis system allowed weed sales to continue in some form, deeming medical-marijuana businesses

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