Recreational Marijuana News

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lifestyle
recreational
Mon
15
Apr

Legalization led to people trying cannabis for the first time ever

Cindi Phelps never imagined herself running a pot shop. She smoked weed as a teenager, but as an adult she says she became "cranky" about cannabis, endlessly lecturing her kids and judging everyone who touched the stuff.

It was only when she neared 50 that she realized marijuana could soothe her pain from a chronic health issue. Now that she manages the Tamarack Cannabis Boutique in Kimberley, B.C., Phelps can relate to customers who are nervous about trying pot for the first time in decades -- or ever.

About 15 to 20 per cent of her customers fall into this category, and most are baby boomers, she said.

Mon
15
Apr

Pot prices higher than ever after legalization

Numbers released this week by Statistics Canada say cannabis prices have risen an average of 17 per cent since last October.

In Nova Scotia, the average price -- legal or black market -- went from $7.29 to $8.73 per gram, up 19.7 per cent.

The biggest change was in New Brunswick, up an average of 30.5 per cent, while the lowest change was in British Columbia, with an increase of just 3.7 per cent.

The numbers are based on consumer submissions to Statistics Canada since legalization.

Mon
15
Apr

Pot sales expected to double on special day: Cannabis weekly

Cannabis retailers should prepare themselves for a minimum doubling of sales on April 20, the stoner’s Fourth of July, according to new data.

The origins of 4/20 are obscure, but the most common story is about a group of 1970s high-school students who’d meet outside their school at 4:20 p.m. to search for a legendary abandoned marijuana crop (which, needless to say, they never found). Whatever its source, 4/20 has become the busiest cannabis sales day of the year, according to data provider Headset Inc.

Fri
12
Apr

Here’s why the B.C. Lions are the most weed-friendly sports team in Vancouver

Cannabis is forbidden to players in most professional and collegiate sports leagues despite an increasing number of jurisdictions across North America legalizing the plant for recreational use.

While most leagues have yet to change policies to enable players to use cannabis, the Canadian Football League (CFL) is the exception, and it is the most accepting of cannabis of the sports leagues that have Vancouver teams.

In a statement to Business in Vancouver, the CFL noted its drug-testing policy for players “has never included testing for marijuana or other recreational drugs.” Instead, the league said, “it focuses on performance–enhancing drugs. That will continue to be the case.”

Fri
12
Apr

Cost of cannabis up in Canada, NWT since legalization: Stat Can

The price of cannabis in the Northwest Territories and across Canada has risen since legalization says Statistics Canada.

A Stat Can report states the average price of legal and illegal cannabis has risen from $6.85/gram to to $8.05/gram after legalization.

In the Northwest Territories, a gram of cannabis cost an average $12.71 before legalization. Consumers are now paying $14.45/gram. This is a close to $2 – over 13 per cent – increase.

The NWT has the highest price of cannabis after legalization across the country, however, there is no post-legalization price for Nunavut as no answers were submitted. Nunavut had the highest pre-legalization average price of $15.24/gram.

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

Here’s how you get your edibles into Cannabis NB stores

From a baker in Grand Bay to a Fredericton restaurant owner who recently closed his business to get into the industry, entrepreneurs in the province are hoping to get a piece of the edibles pie. But it may not be the easiest road to get their products carried in Cannabis NB stores come October 17 this year. Currently, people are allowed to make edible in their homes for personal use but it’s illegal to sell them.

Fri
12
Apr

Albertans appear willing to pay more for cannabis, now that it's legal

Albertans appear willing to pay more for marijuana, now that it's legal.

Data from Statistics Canada suggests this province saw one of the steepest increases in the average price of pot, post-legalization, when you include both legal purchases and those on the black market.

Prior to legalization, Albertans were paying about $7.30 per gram for marijuana. That was about 6.6 per cent more than the national average.

After legalization, the average price for pot in this province — both legal and illegal — jumped to $9.07 per gram. That's 12.8 per cent above the national average price.

In British Columbia, by contrast, average prices barely changed with legalization, growing just slightly to $7.15, up from $6.89.

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.

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