Ontario

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Tue
30
Mar

48North Cannabis lays off 20% of staff, cuts outdoor facility

48North Cannabis Corp. will lay off about 20 per cent of its staff as it ends outdoor cultivation at an Ontario facility.

The cannabis company's CEO Charles Vennat says the layoff impacts about 26 staff and comes as 48North immediately ceases operations at its Good Farm outdoor cultivation facility in Brant County, west of Hamilton.

The company described the closure as an important step toward profitability and when coupled with decreasing its cash use, said it will result in annualized savings of at least $5 million.

The Good Farm cut leaves 48North dependent on strategic partnerships with licensed producers and on DelShen, an indoor facility it keeps in Kirkland Lake, Ont.

Mon
29
Mar

48North Cannabis Corp. Announces Changes to Operations

marijuana plant

TORONTO, March 29, 2021 /CNW/ - 48North Cannabis Corp. ("48North" or the "Company") (TSXV: NRTH) a vertically integrated licensed producer focused on manufacturing high-quality cannabis products and building progressive and thought-provoking brands, announced today changes designed to streamline its operations and further improve margins.

Mon
29
Mar

Charges follow seizure of 2,400 weed plants in central Ontario city

Police seized plants

Police found 2,428 cannabis plants in various stages of growth. / PHOTO BY ONTARIO PROVINCIAL POLICE, TWITTER

Two Ontario men have been charged with cultivating, propagating or harvesting far more than the four cannabis plants allowed for personal use, after Ontario Provincial Police (OPP) discovered the limit had been exceeded by 2,400-plus plants.

Although recreational cannabis is legal in Canada, adults are only allowed to grow up to four plants per residence (not per person) for personal use.

Fri
19
Mar

Nationwide search underway for new leadership at Ontario Cannabis Store

The exclusive wholesale cannabis distributor in Canada’s most populous province is once again searching for leadership.

The Ontario Cannabis Store (OCS), which operates OCS.ca, the province’s only direct-to-consumer legal recreational cannabis e-commerce platform, has announced it has embarked on a nationwide search for the role of president and chief executive officer.

The OCS tapped Thomas Haig as the interim president and CEO in September 2020. That appointment was made following the departure of Cal Bricker, who began serving as the president and CEO of the crown corporation in September 2019. Bicker replaced Patrick Ford, who retired after helping launch the OCS and operated at the helm of the organization for a year.

Tue
16
Mar

Head of Ontario's pot business to step down, search underway for replacement

The head of Ontario's cannabis business plans to step down later this month, the third such departure in as many years, as the Crown corporation announces it will conduct a national search to find a new leader to oversee the organization. 

The Ontario Cannabis Retail Corporation (OCRC), which oversees the Ontario Cannabis Store e-commerce site and the province's wholesale marijuana distribution, said that interim Chief Executive Officer Thomas Haig plans to leave his role, effective March 23. 

Wed
10
Mar

Pediatricians seeing a growing demand for medical cannabis for kids

Many of us grew up in a society that prohibited the use of cannabis. When cannabis was legalized in 2018, it was a major shift for most Canadians. How successful have we been in changing the mindset from it being an illegal and stigmatized drug to one that is legal and socially acceptable?

Education about cannabis has been inconsistent across Canada. Evidence to support the best approach for cannabis education and awareness campaigns is lacking and historically focused on risk-based messages to encourage people to “do not use.”

Wed
10
Mar

How a Toronto cannabis company is supporting emerging, local artists

Ian Kwechansky is the CEO and Co-founder of LOOP/POOL, an artist co-owned and social-forward cannabis brand that gives back to emerging Canadian talents. Here, he talks about why the company’s focus is on nurturing homegrown talent.

Cannabis and music have always been closely linked, not only as a part of the experience for fans at home, festivals and concerts, but also in the creative process for artists. It has evolved from Jerry Garcia fighting for legalization to John Mayer renouncing alcohol for cannabis, advocating how his “quality of life has gone up considerably.” The association between the plant and artists is an enduring one.

Mon
08
Mar

Toronto Police reportedly stand by statement that clearly illicit cannabis product is, in fact, legal

In a news release published earlier this week, the Toronto Police Service (TPS) sent a warning to the public about a child who had consumed a cannabis edible.

The child was treated and released from the hospital after eating an edible from a package of “Buzzy Peaches.”

Mon
08
Mar

Why Ontario pot retailers are worried about a new wave of cannabis stores set to hit the market

After a stalled rollout, Ontario is aiming to approve dozens of cannabis retail outlets each week with the goal of hitting 1,000 stores across the province by the fall.

But the prospect of more competition, especially during a pandemic, has some in the industry predicting a shakeout in the marijuana marketplace.

 

Vivianne Wilson, the founder and president of GreenPort Cannabis on College Street in the heart of Little Italy, opened her story on Oct. 17, 2020 after waiting almost a year to get it approved.

"We opened during the pandemic, so we don't know what normal is. As soon as we opened we were on lockdown again so people can't come into the store," she said. Wilson added that the retail experience is how she hoped to differentiate her store.

Mon
08
Mar

Ontario captured 40% of legal pot market in 2020, still lags national share

After two years of legalization, Ontario continues to eat away at the illicit cannabis market. 
 
Data provided by the Ontario Cannabis Store (OCS) shows that the province secured roughly 40 per cent of the legal market by the end of last year. That's more than double what the legal market controlled a year earlier, but still lags behind the 52 per cent of the national legal share of recreational cannabis sales, as COVID-19 lockdowns weighed on retailers. 

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