Quebec

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Thu
02
Jul

We ranked Canada's cannabis-friendly provinces from worst to best

Canadians are clearly in love with cannabis, but not all provinces were created equal when it comes to permitting pot. While the historic Cannabis Act applies to all provinces, the rules around distribution and consumption fall to the provinces — and municipalities have some say on it, too.

That’s why for Canada Day, The GrowthOp takes a look at the growing industry from coast-to-coast — crunching the data on price, consumption habits, number of stores, public consumption options and the ability to grow at home — to find out which provinces are rolling out the red carpet for weed and which are still warming up to the country’s second favourite leaf.

Here are our findings.

Thu
18
Jun

Montreal police arrest 12 after raids on alleged cannabis dispensaries

The contraband cannabis section (ACCESS) of the Montreal police department announced on Wednesday it arrested 12 persons and seized five kilos of contraband cannabis and 200 grams of hashish.

Fri
12
Jun

Hexo CEO calls for more pot shops in Ontario, Quebec in profit push

Hexo Corp. has a plan to become profitable, but getting there will require an influx of newly-licensed pot shops to open in Canada's biggest consumer markets, the company's chief executive officer said Thursday. 

"Our plan to achieve adjusted positive EBITDA by the end of the calendar year will depend on the growth of retail stores in our two largest markets, Ontario and Quebec," said Sebastien St-Louis in a conference call with analysts.

"We need the governments to either continue to build out the retail infrastructure, or allow the private sector to provide the service that consumers demand."

Fri
12
Jun

SQDC: Montreal will have same-day delivery of legal weed by July

Montrealers can expect same-day delivery of

Mon
04
May

5 Reasons Cannabis 2.0 Sales Will Disappoint in Canada

For years, marijuana stocks were virtually unstoppable. The prospect of $50 billion or more in annual worldwide sales by 2030 sent North American cannabis stock valuations into the stratosphere. But over the past 13 months, most pot stocks have seen their valuations retrace anywhere from 50% to 95%. It's been ugly, with a capital "U."

Tue
31
Mar
Fri
27
Mar

TGOD to suspend Quebec production, lay off staff to further cut costs amid COVID-19

The Green Organic Dutchman (TGOD) is the latest Canadian cannabis company to scale back its operations in light of the COVID-19 pandemic.

The Toronto-based cannabis producer said in a statement late Wednesday it will postpone production at its facility in Valleyfield, Que. and temporarily lay off staff, but noted it intends to restart its operations later this year. The company will also reduce salary by 20 per cent for its salaried employees and 30 per cent for certain executive staff and place a freeze on hiring and consultancy work.

"Multiple factors, most particularly the COVID-19 pandemic, are contributing to an environment in which we must be extremely prudent with how we manage our cost structure," said TGOD chief executive officer Brian Athaide.

Thu
26
Mar

Where to buy weed during the COVID-19 pandemic

Approximately 4,000 times these past two weeks, I’ve thanked my lucky stars cannabis was legalized before the COVID-19 pandemic swept the globe and sent us all cowering in our bong dens.

Tue
17
Mar

Ont. and Que. cannabis distributors see sales spike amid COVID-19

Some provincial cannabis distributors are seeing Canadians stock up on pot products amid an outbreak of the novel coronavirus.

Ontario Cannabis Store spokesperson Daffyd Roderick says the retailer received almost 3,000 orders on Saturday, an 80-per-cent increase over an average Saturday.

Roderick says the last three days have brought an increase in the volume in sales on OCS.ca and a high demand for same-day and next-day delivery.

The OCS has also noticed that authorized cannabis retail stores are reporting an increase in customer volume.

Societe quebecoise du cannabis says in an email to The Canadian Press that it has also experienced an increase in sales over the last few days, but declined to say how big the spike is.

Thu
20
Feb

Cannabis extract prices vary 'wildly' between provincially run stores

A CBC News analysis has revealed the price of cannabis extracts varies widely across Canada, with the same product sometimes costing two to three times more in one provincially run online store than another.

The inconsistencies, experts say, could undermine efforts to wipe out the country's illegal market. 

The analysis looked at the price of 61 cannabis capsules, sprays and oils available in Ontario's provincially run online retailer in December 2019. 

Those products were then matched with their counterparts from the online provincial retailers in British Columbia, Alberta, Quebec, Nova Scotia, New Brunswick, Prince Edward Island and Newfoundland and Labrador — provinces where the government is an official distributor and runs an online mail-order site.  

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