Marijuana Business News

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Tue
01
Mar

What cannabis company from Canada teamed up with Amazon?

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As of last week, Hexo has acquired Canada’s largest licensed producer Redecan. For C$925 million ($766 million), it bought the company from Risticant Group. It accounted for 37 million dollars. Members of Jim Cramer’s Action Alerts PLUS club are members of Amazon.

 

 

What Company Just Made A History Defining Deal With The Canadian Government?

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Tue
01
Mar

Pure Sunfarms and NOYA bring Cookies cannabis concentrates to Canada

cannabis cookies

Cookies concentrates now available in Ontario

Today Pure Sunfarms Corp. (“Pure Sunfarms”), a wholly-owned subsidiary of Village Farms International, Inc. (Nasdaq: VFF), announces it, together with its partner NOYA Cannabis Inc (“NOYA”), has launched Cookies concentrates in Canada.

Working with Cookies genetics from NOYA, the exclusive cultivation and processing partner of Cookies in Canada, Pure Sunfarms has grown and processed Cookies strains into cannabis concentrates. The initial offering includes GP20 Diamonds, GP20 Sauce, Georgia P Diamonds, and Georgia P Sauce now available in Ontario.

Tue
01
Mar

The top cannabis industry trends to watch for 2022

cannabis pot

The legalization of recreational cannabis in over 18 US states and Canada has brought the industry to create new appealing products to satisfy the consumers' demand.

Cannabis flowers are not the only product consumed in legal cannabis states. The use of new, less invasive ways to consume cannabis is rising among enthusiasts.

A recent report by Headset, a data-driven tech company that provides a cannabis market and business intelligence solution for the cannabis industry, shows the relative popularity of cannabis product categories ebb and flow, even in mature markets.

Mon
28
Feb

Citing zero sales, a N.S. craft cannabis grower is calling it quits

cannabis farm

A craft cannabis grower in Nova Scotia's Annapolis Valley is quitting the business after going through two harvests without making a sale. 

Adam Webster of Olde Furrow Farm in Port Williams, N.S., said he grew a total of 230 pounds of no-spray cannabis in his outdoor plot, but could not find any buyers. 

"The market's so bad," he said.

"Everyone has product and no one's moving it."

Webster said the consultant who helped prepare his business plan in 2019 told him to expect a price of $1 to $3 per gram for cannabis grown with his micro-cultivator license from Health Canada. 

Mon
28
Feb

How to start a cannabis business in Canada?

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Once you have received a valid licence from both the CRA and HHS, you can begin producing marijuana products. The Canada Department has more information on health certificates. Cannabis is a genus in North America.

 

How Much Do Cannabis Dispensaries Make In Canada?

Can you tell me how much you earn a Dispensary make in Canada? It pays between $15. an hour and $29,250 a year to work in a dispensary. Those at the entry level pay $27,300 per year, while most experienced workers ing jobs start at $27,300 per year, while most experienced workers make up to $55,796 per year.

Mon
28
Feb

There is a major shake up going on in the Canadian cannabis sector in terms of who is winning the consumer

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Although the Canadian cannabis industry has been under pressure and has not grown as fast as many analysts forecasted, the sector has contributed $43.5 billion to Canada’s national gross domestic product (GDP) since recreational cannabis was legalized in 2018 (according to a Deloitte Canada). According to the report, Canada’s recreational cannabis industry has created 98,000 jobs, contributed $15.1 billion into the government’s coffer, and added approx. $1.09 to Canada’s GDP for every dollar for revenue and capital expenditure. We find these numbers to be significant, however, Canadian cannabis companies have been some of the hardest hit since early 2021.

Mon
28
Feb

This Canadian company is putting cannabis on the menu in a new way

company founders

West Blvd Cannabis just opened Canada's first cannabis culinary facility. Here's what they've got planned

Before West Blvd Cannabis (WBC) opened its doors in Vancouver’s ​​Mount Pleasant neighbourhood, the company’s founders travelled to Oregon and Colorado, two states with a lengthy history of legal pot.

Colorado and Washington were the first states to legalize the recreational use of cannabis in 2012. Oregon followed suit in 2014. The visits offered a view of mature cannabis markets and insight into what sort of businesses are finding long-term success.

Fri
25
Feb

Pineapple Express and BC Cannabis Stores to provide next-day delivery to Metro Vancouver customers

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Fire & Flower Holdings Corp. ("Fire & Flower" or the "Company") (TSX: FAF) (OTCQX: FFLWF), a leading cannabis consumer technology platform announced that its wholly-owned indirect subsidiary, Pineapple Express Delivery Inc. ("Pineapple Express") will begin offering next business day delivery through BC Cannabis Stores' e-commerce website in the Metro Vancouver region beginning the week of February 28, 2022. The partnership comes after Pineapple Express was the successful proponent of a competitive RFP process.

Fri
25
Feb

Tiny staff sniffs out best practices in cannabis grow-op amendments

cannabis plants

A staff report regarding best practices with agricultural and industrial cannabis grow-ops within Tiny Township recommends a proactive initiative when it comes to odour concerns.

Last year, staff were directed to draft official plan and zoning bylaw amendments for a land-use policy and regulation framework for cannabis to bring back to council.

In presenting the follow-up report at a recent committee of the whole meeting, planning and development director Shawn Persaud explained that staff looked at township-initiated amendment definitions based on best practices regarding various factors, including the minimum distance to deal with lighting, traffic and odour from production facilities depending on their size and scale.

Fri
25
Feb

Toronto's newest cannabis store looks like a cookie shop

cannabis shop

If you glance briefly at the latest cannabis dispensary to hit Toronto, all you'll see is bright blue signage with a single word: Cookies.

Hopefully it's not too misleading to anyone, as there are no cookies sold inside, just lots and lots of weed. People familiar with more major cannabis brands will probably recognize the logo and not be confused at all, zeroing in on the brand's presence in Canada for the first time. The signage has swirly white writing on a sky blue background, and the logo is a curly "C" inside the silhouette of a cookie with a bite taken out of it, so you could be forgiven for thinking they're really all about baked goods.

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