Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Tue
19
Oct

Five foods that might just boost your cannabis high

cannabis bud

Terpenes are a hot topic in the world of cannabis. More than 100 varieties of terpenes, the fragrant oils that give the plant its smell, have been identified in cannabis. They originate in the flower’s resin glands , alongside THC and CBD, but they are not unique to cannabis. Terpenes are abundant in many fruits and plants.

Like cannabinoids, terpenes are believed to influence the cannabis experience by binding to receptors in the brain , with different terpenes offering different therapeutic benefits. Eating foods that are high in terpenes and Omega-3 fatty acids could also impact how your body interacts with cannabis, according to research published in the American Journal of Translational Research .

Tue
19
Oct

Three years on, we need to relax cannabis regulation

tax preparation

Three years ago Sunday (October 17, 2018), Canada legalized adult-use recreational cannabis. The Trudeau government deserves credit for making this happen, as most Canadians had for some time believed that the consequences of prohibition outweighed whatever negatives would arise from legalization. That said, the Cannabis Act is now three years old, and it needs to be amended to make the legal cannabis market more consumer- and patient-friendly.

Tue
19
Oct

Cannabis Execs Talk 'Silly' Canadian Regulations, US, Expansion, The Value Of Good Partners

 Trent MacDonald, CFO of Hexo Corp (NASDAQ: HEXO), Niel Marotta, co-founder and CEO of Indiva Ltd (OTC: NDVAF) and Kevin McLaughlin, director at Centri Business Consulting, participated in a panel discussion of the ways early stage cannabis companies can translate their focused growth strategies into expanding market shares.

McLaughlin said the ability to expand cannabis product portfolios without overextending a young company is a critical balance for cannabis companies looking to gain market share.

“If you’re expanding into some of these other areas, there’s rising demand if we’re talking about edibles, beverages, candies, things like that. That area’s going to be 25% of the market in the next five years or so,” he said.

Mon
18
Oct

Government review aims to shape next chapter of legalization

cannabis bud

Three years after Canada legalized cannabis, the industry appears ready for a reset. 

When midnight struck on Oct. 17, 2018, Canada became the first developed nation to allow the sale of cannabis for recreational purposes, and since then the industry has had its share of ups and downs. While billions of dollars worth of legal pot has been sold across thousands of licensed stores, helping to stamp out roughly half of the illicit market, it's also seen many cannabis companies cumulatively post billions of dollars in losses as market dynamics warped lofty expectations made in the early days of legalization. 

Mon
18
Oct

Nextleaf Solutions is one to watch in Canadian cannabis, this investor says

cannabis bud

Cannabis extraction name Nextleaf Solutions (Nextleaf Solutions Stock Quote, Charts, News, Analysts, Financials CSE:OILS) has been bumping along during the past couple of years, but with its heavy IP stack in extraction and processing Nextleaf should be fun to watch. One fan of the company is Bruce Campbell, president of StoneCastle Investment, who says investors would be wise to keep an eye on the company’s numbers of the next few quarters.

Fri
15
Oct

Cannabis store openings in Canada only slightly affected the number of users

marijuana leaf

Despite Canada approaching its third anniversary of cannabis legalization, some municipalities still ban licensed shops. Other countries talking about legalizing cannabis also seem inclined toward minimizing legal access. But my research suggests those policies are probably counterproductive.

Canada legalized recreational cannabis on Oct. 17, 2018. After initial product shortages eased in spring 2019, store openings and retail sales soared. Monthly sales hit $339 million in July 2021 and the national store total now exceeds 2,600.

User numbers have also grown. In 2018, 14 per cent of the population aged 15 and up admitted to using cannabis. That reached 20 per cent in 2020, equivalent to 6.2 million users.

Fri
15
Oct

Canadian Hemp Cigarette Maker TAAT Secures $8 Million Investment

hemp cigarettes

Vancouver-based TAAT Global Alternatives, a manufacturer of hemp-based cigarettes, has announced that it has closed an additional private placement of $8 million by a group of private investors led by Debbie Chang. Chang is the co-founder of Horizons Ventures, which serves as the venture capital arm of billionaire Hong Kong business magnate Li Ka-shing.

Thu
14
Oct

How Well Is Cannabis Legalization Curtailing the Illegal Market? A Multi-wave Analysis of Canada’s National Cannabis Survey

marijuana plant

In 2018, the government of Canada legalized cannabis for non-medical use. In addition to safeguarding public health, the main objective was to divert profits from the illicit market and restricting its availability to youth. This dramatic shift in policy direction introduces new challenges for the criminal justice system due to the persistence of unlawful distribution among persons who refuse to abide by the new law. Continuing unlawful distribution is foreseeable, in part, because of stringent measures to reduce availability by targeting participants in the illegal market.

Thu
14
Oct

Cannabis store openings in Canada only slightly affected the number of users

people at cannabis store

Despite Canada approaching its third anniversary of cannabis legalization, some municipalities still ban licensed shops. Other countries talking about legalizing cannabis also seem inclined toward minimizing legal access. But my research suggests those policies are probably counterproductive.

Canada legalized recreational cannabis on Oct. 17, 2018. After initial product shortages eased in spring 2019, store openings and retail sales soared. Monthly sales hit $339 million in July 2021 and the national store total now exceeds 2,600.

Thu
14
Oct

Pucks & Pot: How The NHL Became A Pioneer In Pro Sports Cannabis Use

hockey skate

As the puck dropped on another NHL season on Tuesday night, kickstarting the 104th season of play, the league is well-positioned to lead the four major sports leagues out of the Stone Age and into a new frontier regarding cannabis.

Fans may recall that during the 2020 postseason, when NHL teams were forced to finish out the postseason in a bubble, reports of players accessing weed gummies for help relaxing started to leak.

The reality is that cannabis use among NHL players has never been much of a secret. If you don’t believe us, ask former Stanley Cup Winning Detroit Red Wing Darren McCarty, who opened up his own cannabis dispensaries across Michigan following a decade-plus long career of evading the league’s anti-drug program.

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