What's essential for businesses when a crisis like the COVID-19 pandemic hits is to keep operating and try to make it out of the crisis without running out of money. Almost all the sectors are tumbling, with many companies facing the prospect of bankruptcy. 

The nondescript storefront in the 1100-block of Kingsway has paper covering all of its windows except for a neon “open” sign that is still illuminated just before 11 p.m. on a Sunday.

The yellow awning overhead suggests the building houses an auto repair shop.

But just inside the front door is another sign — King Canna.

It is one of several illegal cannabis stores still operating in Vancouver more than 18 months after marijuana was legalized in Canada. And even though provincial regulators seized products at King Canna on May 27, it remained open for business this week.

The stores aren’t the only sign that black market cannabis is still a hot commodity in B.C.

The B.C. Craft Farmers Co-op has submitted its proposal for a government-assisted pilot project to get small-scale growers into the legal cannabis market that has been dominated by large producers.

The co-op, a project started by former Surrey councillor Barinder Rasode, has been proposed to the federal and B.C. governments as a two-year economic development and job creation project to make the licensing of small cannabis producers more accessible.

Marijuana Stocks Continue to Show Promise in the Cannabis Industry

To ensure you have the best experience during your first dispensary trip, make sure you understand this short list of things a person needs to know before visiting.  

People have a tendency to get a bit excited when the concept of legal weed comes alive in their state. Hey, we can’t say that we blame them. It’s not every day that a plant still considered as dangerous as heroin and LSD in the eyes of the federal government gets the green light to be sold in a retail environment similar to beer. It’s a big deal, we don’t care who you are, especially considering the checkered, eight-decades long history of cannabis prohibition in the United States.  

Canadian cannabis company Tilray has been hit by yet another lawsuit, this time over the alleged misleading of shareholders and insider trading. 

According to Marijuana Business Daily, the new lawsuit was filed by Tilray shareholder Lee Morgan on June 5 in the U.S. District Court for the District of Delaware.

The lawsuit, which targets Tilray’s CEO Brandon Kennedy, former Chief Financial Officer Mark Castaneda and others in Tilray’s board, alleges that the defendants breached their fiduciary duties in connection to the long-term revenue-sharing agreement between Tilray and Authentic Brands Group (ABG).

A Vancouver cannabis dispensary is going to need a new name and logo after losing a legal battle with retailer Toys "R" Us (Canada) Ltd.

A federal judge ruled Herbs "R" Us Wellness Society has used Toys R Us's registered trademark in a way that damages the goodwill attached to it.

Toys "R" Us argued that Herbs "R" Us's green logo with a cannabis leaf in the middle of the 'r' uses a similar font and arrangement of letters as the toy store.

Judge Nicholas McHaffie ruled Herbs "R" Us must destroy any goods, packages, labels and advertising material in its possession that bear the similar logo.

He ordered the dispensary to pay to Toys "R" Us $15,000 damages and $15,000 for the costs of its court application.

Although many leading marijuana stocks have come back in big numbers, not all who play are winners. It is important to look at both the long and short term numbers to see how a pot stock could perform in the near future. But, the current state of the cannabis industry has made several pot stocks look quite good for the long term. These companies span several areas of the market, and for that reason are quite diverse in their nature.

CBD & THC INFUSED DRINKS TO BENEFIT FROM “THE LIPSTICK EFFECT” AS CONSUMERS SEEK OUT SMALL LUXURIES DURING COVID-19 LOCKDOWN AND BEYOND

Some Ontarians can now order regulated cannabis to their front doors as quickly as takeout. 

Dutchie, an Oregon-based weed delivery service, launched curbside pickup and delivery services in Canada’s most populated province Wednesday.