Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Tue
03
Dec

Aleafia Health makes $7.1 million selling Canada’s cheapest weed

n Monday pot-producer Aleafia Health, Inc. (TSX: ALEF) (OTC: ALEAF) announced it found a buyer for 28 per cent of the company’s inaugural outdoor harvest.

The company will sell 2,840 kilograms of dried flower from its Port Perry, Ontario growing site to an unnamed Canadian licensed producer for $2.50 per gram, earning Aleafia a tidy $7.1 million.

It’s a profitable deal for Aleafia, considering the Port Perry grow site produces the cheapest cannabis in Canada at $0.10 per gram — in this case, representing a profit margin of 96 per cent.

Tue
03
Dec

OCS deletes promotional tweets after a discussion with Health Canada

The Ontario Cannabis Store (OCS) engaged in some serious backpedaling regarding a planned Black Friday promotion after talks with Health Canada.

Last week, in a now-deleted tweet, the OCS bid Ontarians to “shop our collection of 7 grams starting at CA$7.50/g.”

The tweet was soon removed and promptly replaced with an online flyer that simply indicated that Black Friday was set to occur, with no language that could be deemed “promotional” and no details regarding product pricing or special deals in honour of the discount shopping day.

Tue
03
Dec

Customers may have to wait until January 2020 to get in-store edibles

Shoppers waiting to order cannabis Christmas gifts are getting a rude awakening as one of the biggest holidays nears.

Most legal shops won’t be able to order the new wave of marijuana products before Dec. 16, which means products likely won’t hit store shelves until 2020.

Brad Churchill, owner of Choklat, a candy-making company, told the Calgary Herald provinces will continue to suffer from Health Canada’s cautious approach.

“It’s disappointing in the standpoint of not having it in the stores for the holiday season,” he said.

Tue
03
Dec

How Does Canada Grant Cannabis Pardons After Legalisation?

With a slowly increasing number of jurisdictions legalising recreational use of Cannabis, a major concern is the process of granting pardons for Cannabis-related crimes prior to legalisation. Many of these jurisdictions, like Canada, have vowed to permit pardons to some of those individuals. 

Canada’s Liberal government passed the legislation four months ago, in order to grant the expedited pardons. However, the protection does have some limits. Namely, only those with a single charge of simple Cannabis possession are eligible for pardons. Those with multiple charges are disqualified.

Mon
02
Dec

2 Top Canadian Cannabis Stocks to Buy in December

The holidays are coming, and with them the chance for upside in Canada’s hottest new industry. Cannabis 2.0 will be put to the test as the full range of vapes, edibles, and cannabis drinks test consumer demand.

Here are two of the top stocks to stash in your stocking in for December.

Mon
02
Dec

‘Poor Quality’ Cannabis At The Root Of Canada’s Woes

As the troubles stack-up for the main cannabis companies in Canada, an industry insider believes they’ll never be able to address one key issue – a lack of ‘good quality weed’.

James A. Smith, Chief Revenue Officer in Canada at emerging cannabis 4C Labs, says: “I do not know anyone who buys their cannabis on the legal market, it’s horrible quality.”

Recent figures show the ‘black’ and ‘grey’ markets continue to cater for the needs of the majority of Canada’s cannabis consumer users, with many leading companies blaming this on a lack of retail outlets. While acknowledging this has some merit, Mr Smith believes it is being used as a smokescreen for a litany of inadequacies.

Mon
02
Dec

Ontario Police charge, fine drivers for improperly storing cannabis in their vehicles

It’s going to be a busy season for the RIDE program.

Police in Ontario are ramping up Reduce Impaired Driving Everywhere checks as the holiday season approaches and drivers get a little too joyful behind the wheel of their cars. Officers in search of drivers under the influence of alcohol or cannabis said the infractions came fast and furious after they set up near Peterborough on Tuesday.

“Three drivers were charged with having cannabis readily available within 45 minutes of that RIDE check starting,” Const. Joe Ayotte with the Peterborough County OPP, told Global News.

Mon
02
Dec

'Incredibly low': Only 118 pardons granted for pot possession in first 4 months

Four months after the Liberal government passed legislation to provide free, fast pot pardons, just 118 people have had their records cleared — a figure one observer calls "incredibly low."

Statistics provided by Public Safety Canada show there have been 234 applications for record suspensions to date.

The government has estimated that about 10,000 people are eligible for the expedited pardons.

Sen. Kim Pate, a longtime advocate for prisoners and criminal justice, said the small numbers issued to date show that significant barriers persist.

"I think they're incredibly low, given what we understand is probably tens of thousands and probably many more convictions for simple possession," she said.

Mon
02
Dec

Christmas without legal edible cannabis stocking stuffers minor buzz kill: industry

Playing the role of sativa Santa this year would have been a merry prospect, said Calgary candy-maker Brad Churchill.

But federal regulator Health Canada’s meticulously measured approach in approving production of licensed cannabis snacks and other derivatives has put those edible elves on hold.

“It’s disappointing in the standpoint of not having it in the stores for the holiday season,” said Churchill, owner of Choklat.

“(Federal approvals are) taking longer than it really should but, at the end of the day, the wheels of progress are grinding.”

In one way, the gradual rollout of the next generating of legal cannabis products — which were officially legalized Oct. 17 — comes as a relief, said Churchill.

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