Ontario

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Mon
08
Feb

Amsterdam's loss to be a gain for cannabis tourism in Toronto?

The doors of Amsterdam’s cannabis coffee shops have long been open to Canadians and other tourists.

But that may change.

Femke Halsema, mayor of the Netherlands’ capital, wants to restrict tourist access to its 166 cannabis-selling coffee shops, according toBloomberg News.

Under Halsema’s proposal — supported by police and prosecutors — only Dutch residents would be allowed to enter the shops in an attempt to tackle problems associated with hard drugs,  organized crime linked to the marijuana trade, and the city being overrun by tourists on the weekends.

The bad news is the restrictions show demand from cannabis from Dutch residents would only support 68 coffee shops, according to a government study.

Fri
29
Jan

Cannabis gift cards now available at convenience stores in Ontario, Alberta and Saskatchewan

Almost 300 Circle K stores across Canada are now carrying cannabis gift cards, cannabis retailer Fire & Flower announced in a press release.

The gift cards are available in denominations of $25 to $100, and are redeemable at any Fire & Flower location and online for ‘click and collect’ orders.

Thu
28
Jan

Canadian Circle K Stores Now Carrying Cannabis Gift Cards

Canada is already miles ahead of the U.S. when it comes to federal legalization of cannabis, something America is still weighing and discussing, and now Canada has taken another step towards normalizing cannabis by offering gift cards in some Circle K locations. 

Fri
22
Jan

Chatham-Kent police dismantle 4 illegal cannabis plants, seize more than $25M in marijuana plants

Chatham-Kent police have seized more than 25,000 marijuana plants worth $25.5 million after dismantling four illegal grow-ops in the region over the last few months, according to a news release. 

Since September, Chatham-Kent police have dismantled four illegal cannabis operations in the region, three of which were uncovered in January. 

 

"This past year, a significant amount of cannabis associated to illegal drug operations has been found in Chatham-Kent," Chatham-Kent police chief Gary Conn said in a news release. "These operations will not be tolerated here in our community as we know their actions may lead to violent behaviour, property crimes and organized crime."

Wed
20
Jan

Ontario man fined for working in an illicit cannabis dispensary says he was not aware the store was unlicensed

Just as some Canadians have had difficulty sorting legal cannabis suppliers from illicit ones, a retail worker in Barrie says he was unaware that his former employer, an illicit dispensary, was not above-board.

Orillia Matters reports that defence lawyer Ariyan Zaraineh told the Ontario Court of Justice in Barrie last week that his client, Matthew Richer, was “not aware of the situation.”

According to a news release from Barrie Police Service, Richer was arrested and charged during a raid at the dispensary on July 31, 2019.

Tue
19
Jan

Alcanna to spin off retail arm to YSS with focus on cheaper pot

Alcanna Inc. said Monday it is spinning off its cannabis retailer division and merging it with YSS Corp. in an all-stock deal that would value the combined company at about $130 million. 

The new company is expected to be renamed Nova Cannabis Inc. and will rebrand most of its retail footprint to Value Buds, a move that acknowledges the growing demand for cheaper cannabis in the Canadian recreational market. 

"This new offering, new Nova Cannabis, is really laser-focused on a segment of the marketplace that's proven to exist -- and that's the value-conscious consumer," said Darren Karasiuk, who will be the chief executive officer of the combined company and is a former chief commercial officer for Aurora Cannabis  Inc., in a broadcast interview. 

Mon
18
Jan

OPP's enforcement team tackles illegal cannabis market

In the last two years, members of the Ontario Provincial Police (OPP) Provincial Joint Forces Cannabis Enforcement Team (PJFCET) have tackled illegal cannabis production, sale and distribution enterprises across Ontario.

The PJFCET is responsible for enforcing the cannabis laws and investigating criminal enterprises that exploit or abuse the legal cannabis market and consists of members from OPP, Kingston Police Service, Hamilton Police Service, Barrie Police Service, Waterloo Regional Police Service, Sarnia Police Service, Windsor Police Service, London Police Service and Niagara Regional Police Service.

Tue
12
Jan

OPP shifts focus from illegal cannabis storefronts to production, online sales

NEWS RELEASE
ONTARIO PROVINCIAL POLICE
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In the last two years, members of the Ontario Provincial Police (OPP) Provincial Joint Forces Cannabis Enforcement Team (PJFCET) have tackled illegal cannabis production, sale and distribution enterprises across Ontario.

The PJFCET is responsible for enforcing the cannabis laws and investigating criminal enterprises that exploit or abuse the legal cannabis market and consists of members from: OPP, Kingston Police Service, Hamilton Police Service, Barrie Police Service, Waterloo Regional Police Service, Sarnia Police Service, Windsor Police Service, London Police Service, and Niagara Regional Police Service.

Tue
12
Jan

Inside story of how this Toronto pot shop is competing with big retailers

Although Axes Smoke Cannabis opened its doors in June last year, the start was far from expected.

The Toronto-based store resembled closer to a Service Ontario as opposed to a dispensary. “Management had to encourage the owner to rebrand as soon as possible, otherwise, we would have been smoked out by the competition,” notes Tatiana in an email. “We hired a marketing and creative branding company to help make Axes Smoke more inviting for customers and immediately the interior of the store was transformed!”

Mon
11
Jan

Canadian stocks crack all-time high with investors flocking to value and marijuana

Canadian stocks extended gains on Thursday, driving the country’s benchmark index to an all-time high, buoyed by expectations of further fiscal support after Democrats gained control of the U.S. Senate.

The S&P/TSX rose as much as 0.9 per cent to 17,986.03, surpassing the most recent record of 17,944.06 on Feb. 20. The index has climbed four straight days, with marijuana stocks leading the advance. Investors have also flocked to value-oriented sectors in Canada, including energy and materials, while selling growth-oriented tech stocks such as Lightspeed POS Inc. and Shopify Inc.

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