Torontonians will soon have a fourth option when it comes to purchasing marijuana legally in the city.

Tokyo Smoke says it is ready to open for business Monday morning at 9 a.m.

Colin Campbell, one of the five lottery license winners from Toronto, partnered with Tokyo Smoke – which already operates cannabis outlets in Calgary and Manitoba – to set up shop in the old HMV building near Yonge-Dundas Square.

They will join Hunny Pot Cannabis Co., Nova Cannabis and Ameri which have already begun selling legal weed in their shops.

At the dawn of marijuana legalization in Canadian, longtime Toronto marijuana advocate Neev Tapiero saw an opportunity to expand his reach within the industry. Being at the forefront of significant cannabis-related firsts in Toronto (Tapiero is the founder of both the city’s first compassion club Cannabis As Living Medicine (CALM) and the Toronto Global Marijuana March) he could foreshadow that legalization would bring new business opportunities, especially within the tourism sector. And with that, the 23-year cannabis veteran launched Canadian Kush Tours.

A chain of marijuana shops across Saskatchewan has been purchased by one of Canada's largest pot companies.

On Thursday, Fire & Flower announced it is buying Prairie Sky Cannabis — owner of the Jimmy's Cannabis Shop chain of retail stores — for $13 million. The deal includes the company's four locations in Battleford, Estevan, Martensville and Moosomin.

"We're excited to make this move in Saskatchewan," said Nathan Mison, vice-president of government and stakeholder relations for Fire & Flower.

"We look forward to opportunities to continue to make moves to show the government our commitment to the province."

After recreational marijuana was legalized in Canada last year, licensed producers in the country have been busy seeking international opportunities to utilize their existing infrastructure and distribution knowledge. 

To that end, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD; US OTCMCKTS: TGODF) just announced a second Jamaican retail store will open on May 4, 2019 in tourist destination Montego Bay. 

Of roughly 646,000 Canadians to try cannabis in 2019, 332,000 were 45 or older, data from the self-reported survey run by Statistics Canada shows. That brings that demographic’s overall rate of use up from 9 per cent last year to 14 per cent now.

The data released Thursday by Statscan is the first iteration of the National Cannabis Survey conducted exclusively after legalization in October last year. The study has been running since February 2018.

Overall, cannabis use among Canadians increased by three per cent, from 14 percent last year at this time, to 18 per cent, or 5.3 million Canadians aged 15 or older.

The Green Organic Dutchman Holdings Ltd. (“TGOD” or the “Company”) (TGOD.TO) (TGODF) is pleased to announce, in conjunction with Epican Medicinals (“Epican”), the opening of its second legal cannabis retail store in Jamaica . Located on Montego Bay’s “Hip Strip”, the flagship location will open for business on May 4, 2019 .

2019 is shaping up to be the most profitable year yet for CBD – the medicinal compound derived from marijuana. And there's still time to make a huge profit on what's quickly becoming a billion-dollar industry.

The Hemp Business Journal reports that the CBD industry, worth only $170 million in 2017, could be worth $1.1 billion by the end of next year.

And that figure could balloon to even greater heights in just the next three years. According to the Brightfield Group, the CBD industry could be worth as much as $22 billion by 2022.

That 12,000% growth potential is simply unheard of. That's why we've been telling our readers all about CBD.

Well folks, it turns out that it can be possible to lose money selling drugs.

New Brunswick’s crown operated cannabis retailer has joined the ever-growing list of government-run marijuana dispensary operations managing to lose millions.

Unaudited year-end results released Tuesday show Cannabis NB lost $11.7 million.

The number of cannabis retailers in Medicine Hat is set to double as provincial regulators have approved another batch of licences.

It brings the local number of outlets to six, including four on or near a six-block stretch of S. Railway Street.

The locations could be open in early May, about six months after the first stores were approved.

About 20 prospective operators have applied for local permits, but supply issues halted new provincial licences.

Many applicants have rented space since the summer, and have completed renovations and security upgrades that are a precondition of securing a licence.

After the wait, local owner of “the Leaf” is excited to get underway.

Recreational marijuana use became legal across Canada last October, sparking a wave of new cannabis-based businesses. The hospitality industry took note, and now you can tour a giant weed factory or get high while helicoptering over coastal mountains in British Columbia.

1. Butiq Escapes, British Columbia

This luxury travel company will take you and your friends to a remote mountain wilderness via helicopter for a once-in-a-lifetime glamping experience. They’ll fly in a chef, DJ or yoga instructor—whatever you want—and supply a curated assortment of the best marijuana strains and cannabis-infused goodies from across Canada. Expect to drop at least 10 grand.