Recreational Marijuana News

Synonyms: 
lifestyle
recreational
Wed
20
Mar

Retailers are just beginning to bring CBD to mass retail consumers

The CBD retail boom is upon us.

As cannabis-infused products find their way into major retailers, analysts believe the trend will provide a significant catalyst.

"We have seen a high level of interest in cannabis beauty from retailers over the past month based on our store checks and incremental launches. We expect further retailer developments in the coming months,” noted analysts at Piper Jaffray, as quoted by CNBC.

All as people around the world wake up to the health benefits of cannabis, including the treatment of insomnia, stress, anxiety, pain, and even chronic issues.

Tue
19
Mar

'They think we are gouging them': Early lessons from the front lines of cannabis retail

It’s been a bumpy first few months for cannabis retailers in Canada, with product shortages and regulatory uncertainty dominating public discussion.

As Ontario’s first wave of bricks-and-mortar stores get ready to open on April 1, the Financial Post’s Vanmala Subramaniam spoke to four people on the front lines about what’s working, what isn’t and the biggest lessons they’ve learned so far. The following interviews have been edited and condensed.

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Krystian Wetulani, a former grey market operator, is the owner of City Cannabis Co. and runs two licensed cannabis stores in Vancouver.

What’s been the biggest problem you’ve encountered so far? 

Mon
18
Mar

Edibles legalization fraught with hurdles, lack of clarity, companies say

From the classic pot brownie to cannabis-infused cotton candy, there is no shortage of options for edibles at an illicit dispensary in downtown Toronto.

Among the people lining up to browse and buy, one 34-year-old IT worker chooses gummy bears for what he says is his first-ever edibles purchase. The Toronto man, who did not want to be named, said he preferred edibles over smoking cannabis because he can avoid the pungent smell and partake indoors.

"These are more convenient," he said, adding that among his friends who are cannabis users, half of them say edibles are their form of choice even though they aren't legal in Canada yet.

Mon
18
Mar

Talking to teens about toking: advice from a psychiatrist about post-legalization cannabis

Cannabis has been legal in Canada for nearly six months, but educators and parents still have plenty of questions about how to talk about toking with teens.

It's a topic that Dr. Muffy Greenaway, a child and adolescent psychiatrist, deals with all the time in her practice. Since legalization of marijuana last October, she's noticed a difference in the kinds of conversations surfacing.

"There is much more open discussion about cannabis both from the kids and the parents," said Greenaway, who's also a clinical instructor for the Department of Psychiatry at the University of British Columbia..

"I've also noticed that kids are using much more."

Mon
18
Mar

What you need to know to start a legal cannabis grow-op

If Yellowknife's Jason Harker is successful in his quest to get a licence to produce cannabis, he'll become one of the first people to enter the industry in the Northwest Territories, if not the entire North. CBC News looked into what exactly a person needs to do in order to receive approval to run a grow-op in Canada.

What do I need to do to get licensed?

Shirley Toms, a regulatory consultant who works for Cannabis Compliance Inc., compares the process to a "4D matrix." Here's what's in that matrix:

Fri
15
Mar

Sales of legal dried cannabis declined in January: Health Canada

Canadian sales of legal dried cannabis in January declined from the prior month, the first such decrease since recreational use of marijuana was legalized last year, while inventory levels continued to rise, according to the country’s pot regulator.

Health Canada said 7,115 kilograms of dried flower cannabis was sold in Canada in January, down 3.7 per cent from December, according to the government agency’s monthly Cannabis Tracking System, which was updated late Wednesday. Overall sales of legal dried cannabis were up 10.9 per cent since recreational pot was made legal in October.

Fri
15
Mar

How recreational cannabis has created numerous challenges for insurers

Cannabis legalization is making things more complex for auto insurers and increasing risk for some commercial property clients, A.M. Best Company Inc. suggests in a recent report.

About 25 insurers, most of whom are non-admitted, provide coverage for cannabis risks in Canada and the United States, A.M. Best reported in Cannabis: New Opportunities for Insurers, But with Burgeoning Risks, released March 12.

In 2018, the Criminal Code of Canada was changed to allow possession of marijuana for recreational use. At the same time, Bill C-46 created new criminal offences for driving while impaired by tetrahydrocannabinol (THC), the active ingredient in marijuana.

Fri
15
Mar

Co-op aims to help small BC cannabis producers go legit

A man who helped develop Canada’s cannabis policies 20 years ago is coming to the Kootenays next week to talk about how to save small pot producers from extinction.

David Hurford is visiting Nakusp and Nelson to talk about setting up a co-op that could help make more small cannabis operations legal.

“I don’t think we can understate the crisis a lot of people are going through,” says Hurford. “There are people in dire straights out there. People being forced to make very difficult choices, and the government has not created a pathway for them to become legal.”

Fri
15
Mar

Legal cannabis market value with status and outlook 2019 to 2025

Global Legal Cannabis Market Insights, Forecast To 2025

The report discusses many vital industry facets that influence global Legal Cannabis industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation.

Avail a sample 129 pages copy before purchase:

Thu
14
Mar

Insurance brokers weigh in on cannabis micro-cultivator boom

Since Canada legalized recreational-use cannabis on October 17, several provinces have complained of supply shortages and have taken mitigatory measures. Ontario, for example, recently blamed “severe supply shortages” for its curtailing of cannabis retail expansion, and Alberta decided in November to temporarily suspend accepting new applications for retailers, citing a “national shortage.”

The claims made by the provinces have been hotly contested by Canada’s federal government. Bill Blair, Canada’s minister in charge of marijuana, posted on Twitter: “The data is clear: There remains sufficient supply to meet and exceed existing demand,” adding that the provinces still have work to do ironing out their wholesale and retail systems.

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