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Canadian cannabis market struggles five years after legalisation

October 17, 2023
AggregatedNews
Canada
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Canada remains one of the only countries in the world that allows legal and regulated access to recreational marijuana. But five years after the drug's legalisation, the country's cannabis industry is struggling for survival. George Smitherman remembers buying his first…

Schrödinger’s Lozenge: Is a lozenge an edible, or an extract? In Canada, the answer depends on if it’s a cannabis product.

April 18, 2023
Brian MacIver
Canada, Edibles & Infused Processors, News & Insights
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In January 2023, Health Canada, the federal authority overseeing the sale of medical and adult-use cannabis in Canada, began issuing stop-sale letters to licensed producers manufacturing “edible extracts,” mostly lozenges and dissolvable gummies. These products, producers held, were classified as…

High Tide: Catching Up With The Costco of Cannabis

April 10, 2023
Tom Hymes
Canada, Company Stories, News & Insights, Spotlight
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A lot has happened in the seven long dog years since Cannabis Business Executive last profiled Calgary, Alberta-based High Tide Inc., Canada’s cannabis retail juggernaut whose expanse of stores spans provinces and time zones and is only getting larger. In…

Nearly four years after cannabis legalized, mandatory review of the law is months overdue

August 4, 2022
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Canada
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The review should have started Oct. 17, 2021 — three years after legalization — but so far there's been no indication from Health Canada when the process may begin With the federal government almost one year late in launching a…

Canada

Why cannabis prices are plunging – unlike just about everything else in Canada

As Canadians deal with the highest inflation in decades and broadening price hikes, one industry remains locked in a lengthy trend of discounting and bargain rates: cannabis. Laden with inventory, producers and retailers of marijuana have been slashing the prices…

Dreams of Pot Tourism in Canada Dashed by Tough Rules

October 6, 2021
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Canada
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Farms in some provinces are allowed to sell directly to the public—with onerous restrictions. The Ontario government’s idea appears straightforward: Encourage investors to buy rich farmland and grow sun-drenched cannabis plants full of the compounds that get you high, treat…

After ‘Green Rush,’ Canada’s Legal Pot Suppliers Are Stumbling

April 18, 2021
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Canada
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The mayor of the largely rural community of South Huron, Ontario, was looking forward to an employment boom when a marijuana producer used its soaring stock value to buy an enormous greenhouse on the edge of the municipality’s largest town.…

What Does Farmgate Retail Mean for the Ontario Recreational Cannabis Market?

Consumers are increasingly choosing to buy local produce, focusing on who they are purchasing from and the values they stand for. Farmgate stores provide a unique access point for consumers to buy their cannabis products on-site and connect directly with…

‘This approach to labelling is misleading Canadian cannabis consumers’

March 18, 2021
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Canada
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Mandesh Dosanjh, CEO of Pure Sunfarms, calls out discrepancies in potency labelling practices in a LinkedIn post. The CEO of B.C.-based licenced producer Pure Sunfarms is sounding the alarm about potency labelling practices among Canadian cannabis companies. In a blog…

After Newness Fades, Canada Settles Down to Legal Marijuana

January 30, 2021
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Canada
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As part of The Times’s Promises Made series, I’ve looked back at Canada’s experience with becoming the first major industrialized nation to legalize recreational marijuana. One thing stood out during the many weeks I spent on this reporting: It may have…

2 Years After Legalizing Cannabis, Has Canada Kept Its Promises?

January 25, 2021
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Canada
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When Robert was 18, he was arrested by Montreal’s police for possession of a small amount of hashish, an event that would upend his young life. The charge brought him 30 days in jail, and the conviction ended his part-time…

Why a hands-on approach is essential in the cannabis retail industry

By Tatyana Parkanskaia To (mis)quote Mark Twain, the “Death of Retail” has been greatly exaggerated. Consider the explosion of cannabis retail stores throughout southwestern Ontario. Even with some businesses suffering and in dire circumstances due to COVID, cannabis stores are…

Global Pot Entrepreneurs Lured by Canada

December 31, 2020
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Canada
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Nation continues to attract pot investment from abroad Business owners still like its access to capital and markets Cannabis companies with their sights on an expanding global market are still finding it makes financial sense to keep Canada as their…

Truss Beverage Releases Cannabis-Infused Drinks Across Canada

Company is joint venture between Molson Coors, Hexo TORONTO — Truss Beverage Co., a joint venture between Molson Coors Beverage Co. and Hexo Corp., is releasing a line of cannabis-infused beverages across Canada. Molson Coors and Gatineau, Quebec-based Hexo, a licensed…

Risks and Rewards of International CBD Markets

August 20, 2020
Henry Baskerville
Canada, Colombia, Hemp Business Executive, Hemp Industry News, Israel, Mexico, Netherlands, Uruguay
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Investors in the CBD market are beginning to take a sharp look at the international arena as restrictions loosen and usage of CBD products grows in Europe, Latin America and beyond.As with all investments, there are risks to be considered…

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