Ontario

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Wed
09
Dec

HEXO Sees Early Benefits From Recent Cannabis Stocks’ Price Surge

marijuana plant

The recent surge in marijuana stock prices has brought a major relief to cannabis investors. Industry stocks had suffered a severe beating since signs of oversupply emerged in 2019 and companies went on painful restructuring exercises. The relief hasn’t been confined to the investor community alone. Even some management teams at badly hit cannabis companies have taken a welcome and refreshing breather too.

Tue
08
Dec

Cannabis customers have been complaining Ontario's pot is 'too dry'

More than two years after the legalization of cannabis in Canada, the majority of Ontarians consuming pot still buy it from the illegal market because they find it offers better quality, according to Ontario's auditor general.

Bonnie Lysyk's annual report found that the underground market represent about 80 per cent of cannabis sales in Ontario during 2019 and 2020. 

Investigators for the auditor discovered that quality, not price, was the primary reason why cannabis consumers chose the illegal market over the Ontario Cannabis Store (OCS), or private pot shops operating with a provincial license. 

Tue
08
Dec

Auditor General: Ontario not properly monitoring movement of recreational cannabis in retail stores

Ontario’s Auditor General Bonnie Lysyk says there is a lack of transparency and oversight with the operations of the Alcohol and Gaming Commission of Ontario (AGCO), the agency responsible for regulating the alcohol, gaming, horse-racing and private cannabis retail sectors throughout the province.

With nearly 80,000 licensees across four industries in its purview, Lysyk’s report states that “the AGCO does not have strong processes and systems in place to effectively carry out its regulated activities.”

Fri
04
Dec

‘Huge demand’: OPP raids show illegally grown cannabis thriving

marijuana plant

Cannabis has been legal in Canada for two years, but several police raids on illegal grow-ops show the illicit market continues to thrive.

The OPP said it seized more than 122,000 illegally grown plants, valued at about $143 million on the street, following 52 raids across the province since July 1.

“There is still a huge demand for illegal cannabis here in Ontario and in Canada,” Det.-Inspt. Jim Walker told Simcoe.com. “A great deal of the illegal cannabis we are seeing is being exported into the United States and it’s coming back in the form of U.S. currency, but also in harder drugs like cocaine, meth, fentanyl and in some cases firearms.”

Fri
04
Dec

CannTrust re-enters legal market with launch of two brands

marijuana plant

 

CannTrust Holdings Inc. is staging a comeback more than a year after its licences were suspended for illegally growing thousands of kilograms of dried cannabis in unlicensed rooms.

The Vaughan, Ont. cannabis firm announced Dec. 2 that it will reintroduce two recreational brands, Liiv and Synr.g, to the Canadian market this month.

“We’re confident that when the customers come back and try our products again, then they’ll remember how good and how consistent and high quality they are,” CEO Greg Guyatt said in an interview.

“We think we will win them back.”

That task may not be easy.

CannTrust remains under Companies’ Creditors Arrangement Act protection as it deals with multiple class action lawsuits and other litigation.

Tue
01
Dec

What are the key impacts of cannabis policy since weed was legalized? This Ontario researcher is hoping to find out

A team of researchers headed by Professor Antony Chum of Brock University plan to put federal funding to good use by determining why there’s been an increase in substance use-related hospitalizations in certain jurisdictions, especially among youth, since recreational cannabis got the green light two years ago.

With funding from the federal government’s Canadian Institutes of Health Research (CIHR), Chum, an assistant professor of health sciences, and his team, will generally consider how Canadian cannabis policies can lead to better regulations of weed’s use and potency, notes a university statement.

Mon
30
Nov

Weed at the bar? The tourism industry wants Ontario pot venues open by spring

While Ontario’s longest patio season is serving its last calls under well-used heat lamps, industry groups representing the hard-hit restaurant, tourism, and live events sectors are calling on the province to advance talks on selling and consuming cannabis inside public venues. Beth Potter, president and CEO of the Tourism Industry Association of Ontario (TIAO), wants new pot regulations for lounges, cafes, festivals and concerts established by the spring.

Fri
27
Nov

Loyalist inks another partnership for its cannabis research lab

Skills Centre at Loyalist College

(image: Outside of the Bay of Quinte Skills Centre at Loyalist College. Photo: David Foot / Quinte News)

Loyalist College has inked another partnership that will help students in its Applied Research Centre for Natural Products and Medical Cannabis.

The college has signed a memorandum of understanding with Bioenterprise, which helps to connect, innovate and grow small and medium-sized businesses in Canada’s agri-tech and food industry.

Students will work with Biotech clients with product development, extraction and analytical testing, to ensure that their cannabis-based food and beverage products are safe and effective.

Fri
27
Nov

Local township passes cannabis bylaw to curb illegal grow ops

marijuana plants

The Township of Carlow Mayo, about two hours west of Ottawa, had a public meeting on Nov. 16 at 7 p.m. so residents could comment on the passing of the township’s draft cannabis bylaw, and the council could answer their questions about the bylaw.

Many municipalities have faced illegal cannabis operations doing business within their borders, including Carlow Mayo, one of them being the illegal cannabis operation that was taken down by the OPP on Hartsmere Road in McArthurs Mills on Sept. 15.

Fri
27
Nov

Aphria Inc. Expands 510 Vape Offerings Across Its Award-Winning Adult-Use Brand Portfolio

vaping

LEAMINGTON, ON, Nov. 26, 2020 /PRNewswire/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NASDAQ: APHA), a leading global cannabis company inspiring and empowering the worldwide community to live their very best life, today announced the expansion of its 510 Vape offering across its award-winning adult-use brand portfolio.

Each Aphria vape is designed with a unique offering to meet the demands of a diverse consumer segment. Whether it be through limited release options, like Solei's Gather Frosty Mint or by the Company's proprietary extraction processes, 510 vapes across all brands offer a high-quality extract, free of cutting agents.

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