British Columbia

Synonyms: 
BC
B.C.
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Thu
23
Sep

Thousands in cash and product stolen in Victoria cannabis shop heist

Security camera footage captured two people breaking into Pacificanna Victoria Jubilee early Monday morning. “I thought it was a bad joke,” said Darren Saunders, Pacificanna co-owner.The store’s Fort Street Location, opposite Royal Jubilee Hospital, opened just last month. Saunders says the thieves made off with a safe full of cash along with a large amount of varied cannabis products.

“Many, many thousands in cash and product,” said Saunders. “They hit the wall in the perfect spot to be in our storage room, which was very suspicious.”

Thu
23
Sep

Cannabis facility on McGill?

Kamloops building

The City of Kamloops is considering issuing a permit for a small cannabis processing facility to operate along McGill Road.

At its meeting Tuesday afternoon, city council voted in favour of having staff distribute a notice of intent to consider issuing the temporary use permit. (Photo by: Tim Petruk)

According to city staff, if the permit is awarded, the business — which would operate in an existing building located at McGill Road and Concordia Way — would be allowed to prepare and package small batches of dried cannabis and extract oils for use in topicals, edibles and other products.

Two delivery trucks will take products created in the facility to retailers. No retail space would be set up at the facility itself.

Thu
23
Sep

SpeakEasy Announces Strategic Plan to Release Multiple Consumer Brands Over the Next 12 Months

woman rolling cannabis cigarette

SpeakEasy Cannabis Club Ltd. (CSE: EASY) (Frankfurt: 39H) (the "Company" or "SpeakEasy") a holder of a federal licence to cultivate, process, and sell cannabis under the Cannabis Act is pleased to announce it has created a strategic plan to release multiple consumer-facing brands over the next 12 months. The brands will represent SpeakEasy's agricultural foundation and core principles - product quality, respecting the culture and achieving a competitive price point that will rival our competitors and the black market.(1)

Wed
22
Sep

BC’s Jima Cannabis rolls into Ontario, acquiring High Tea brand and stores

marijuana leaf

Jima Cannabis (“Jima”), a BC-based, recreational cannabis retail brand with one store in Abbotsford, B.C., and four more opening soon in the province, has made a big splash by acquiring Ontario-based retailer, High Tea Cannabis Co. (“High Tea”). With AGCO approval of the deal through parent company T-CANN Retail Ltd., Jima is now a multi-location, national cannabis brand with a rapid expansion plan and a dynamic franchise and affiliate model.

Tue
21
Sep

Cannabis production company Tilray closing its offices, facility in Nanaimo, B.C.

cannabis growing indoors

Cannabis company Tilray Inc., which merged with Aphria Inc. earlier this year, says it will close a Nanaimo, B.C., office and facility. The company says in an email that it is closing the facilities to optimize operational efficiencies and save costs following the merger. The company did not share how many workers will be impacted by the closures, but says it will work with those interested in opportunities at its Broken Coast facility on Vancouver Island. Tilray says the closure will roll out in phases and is expected to be completed by next spring.

Tilray's website shows that the Nanaimo facility was home to a grow room, vault, trimming room, extracts lab and packaging operations.

Fri
17
Sep

Kelowna cannabis company on buying spree

marijuana leaf

Kelowna cannabis company Valens is on an acquisitions jag.

So far this year, the diversified cannabis products manufacturer has purchased LYF Food Technologies of Kelowna for CDN$24.9 million, Green Roads CBD of Florida for US$40 million, Citizen Stash of Mission, BC for CDN $54.3 million and Verse in an undisclosed private transaction. "These acquisitions fit our strategy of becoming an international leading cannabis company," said Valens president Jeff Fallows.

"It's also a way for us to bring Canadian quality to the world."

In the past, Valens has primarily been a contract manufacturer of cannabis oil-based products for other brands.

Thu
16
Sep

Cannabis producer Tilray closing its Nanaimo operations

Major marijuana producer Tilray has announced it will shut down operations in Nanaimo and focus cultivation in B.C. at its Broken Coast facility in Duncan.

Wed
15
Sep

More than $1.45 million raised for B.C. residents affected by wildfires

forest fire

Customers visiting BC Liquor Stores (BCLS) and BC Cannabis Stores (BCCS) gave generously to the Canadian Red Cross, with more than $1.45 million in donations going directly to assist B.C. residents affected by this year’s devastating wildfires.

This amount will be matched by both the Province and federal government, for a total exceeding $4.35 million.

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.

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.

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