Prairies 'bright spot' in Canadian cannabis market as legalization anniversary nears, expert says

As the one-year anniversary of the legalization of recreational cannabis approaches, an industry expert says the Prairie provinces are outpacing larger players Ontario and Quebec in the Canadian market with a smoother rollout and stronger sales.

"Manitoba and Saskatchewan are making Ontario and Quebec look very bad," said Chris Damas, editor of BCMI Cannabis Report, a newsletter for cannabis investors in Canada and the U.S.

In the two largest provinces, Damas said poor regulatory frameworks and slow-to-open stores meant the industry underperformed in its first year. He praised the framework in Alberta, Manitoba and Saskatchewan for allowing private retailers to sell product and opening the door to e-commerce.


Quebec will appeal court ruling that allowed cannabis plants to be grown at home

The Quebec government says it will appeal a decision invalidating parts of Quebec's cannabis law that prohibited home cultivation.

On Sept. 3, Quebec Superior Court Justice Manon Lavoie ruled Quebec's legislation infringed upon the jurisdiction of the federal government, which has sole responsibility for legislating on criminal matters.

The judge ruled unconstitutional the sections of the Quebec Cannabis Regulation Act prohibiting the possession and the cultivation for personal purposes of cannabis plants.

Federal law allows Canadian citizens to grow up to four cannabis plants at home, but Quebec chose in June 2018 to legislate against home cultivation.


Hexo Corp.'s chief financial officer resigns

Cannabis company Hexo Corp. says its chief financial officer has resigned, effective today, after taking on the role in May.

Hexo CFO Michael Monahan says in a release that he has decided to resign because the job requires him to spend the majority of his time in Gatineau, Que., and in Ottawa, which is not possible “given my family's needs.”

He adds in a statement that he has had a “very rewarding time” at Hexo and will assist the company as a consultant to ensure a smooth transition. Hexo's CEO announced that its vice-president of strategic finance, Stephen Burwash, has accepted the role of CFO.


Why Aurora Cannabis wants to grow cannabis outdoors

Aurora Cannabis (ACB), a popular player in the cannabis industry, wants to grow cannabis outdoors now. In July, it received Health Canada licenses for outdoor cultivation at two Canadian sites. With the cannabis industry evolving, this could be an interesting turning point for the company. Let’s dig into this further.


'Few details' on first case of vaping-related lung disease in Quebec: report

Quebec has reported its first case of severe lung disease linked to vaping, according to La Presse.

The newspaper did not cite any sources, adding that “few details have emerged on this subject.” On Friday morning, Quebec’s top public health officer, Dr. Horacio Arruda, is to hold a news conference on the risks associated with vaping.


Getting a prescription for medical cannabis products is important

The use of medical marijuana has been legal in Canada since 2001, yet finding a doctor in Quebec who is willing to prescribe medical cannabis products for treatment of pain, nausea or anxiety remains a challenge.

Andrea Paine, national director of government relations for cannabis producer Aurora Cannabis, spoke to cancer patients at the West Island Cancer Wellness Centre in Kirkland, Que. as part of the centre’s Evenings of Inspiration program, which is open to the community at large.


Hard to please? Marijuana product recalled after it failed to get Canadians high

An actual health hazard warning was released after a marijuana product couldn’t get Canadians high.

The product was sold at a Quebec cannabis distributor and it was mislabeled. This led to Health Canada to release an actual hazard warning.

Some customers received cannabis containing 12.2% THC while others received ‘Bayou Flower’ containing 6.36%. That would probably mean some people were getting 50% higher than others depending on what they were sent.

An Indian Express report said that around 16,818 units of the recalled product were sold, of which, fortunately only 245 units were mislabeled.


Quebec petition calls for provincial cannabis retailer to ban single-use pot packaging

A petition to lower the quantity of single-use packaging on Quebec cannabis products has garnered more than 1,500 signatures—and counting.

The petition calls on the Société québécoise du cannabis (SQDC), the province’s only legal cannabis retailer, to halt the use of all single-use plastic components, which are currently ubiquitous in Quebec retail.


Quebec cannabis stores report $1.4 million in net income during second quarter

The Société québécoise du cannabis, Quebec’s online and storefront cannabis sales network, posted a net income of $1.36 million for the 12-week period that ended on June 22, based on total sales of $45.1 million.

In a report published on Friday, the SQDC revealed that its storefront branches proved to be vastly more popular than its websites during that period. According to the report, SQDC branches boasted sales of $39.5 million, compared to $5.6 million generated by the websites. In terms of quantity, the SQDC branches sold 5,512 kilograms of cannabis, while 752 kilograms were sold through the websites.


Subscribe to RSS - Quebec