Recreational Marijuana News

Synonyms: 
lifestyle
recreational
Thu
24
May

Seeing through the haze – What insurers need to consider about Bill C-45

We have written previously about Alberta's new legislative framework for legalized recreational cannabis and how it will affect businesses and the economy on a provincial level, here and here, (but how will the legalization of cannabis in Canada affect the insurance industry?

Thu
24
May

Condo boards racing to clamp down on cannabis before pot becomes legal

Some residents see move as a 'slippery slope,' suggesting board shouldn't police what goes on inside homes.

A downtown condo board is banning the use of marijuana on building property, even as pot becomes legal across the country this summer — a move that has some tenants sounding the alarm over a corporation being able to regulate what residents do behind closed doors.

Late last week, Goldview Property Management, the company that runs OneEleven Condos in the King West neighbourhood, informed its residents of new rules governing the use of cannabis.

Among them: no smoking or growing pot inside units and common areas, including on balconies and patios, and no deliveries of pot to the building.

Thu
24
May

Vote Compass: Should only government stores sell weed?

Issue doesn't always line up with party preference.

Ontario voters are split over where they think cannabis should be sold when it is legalized later this summer.

CBC's Vote Compass survey asked respondents whether they thought only government-run stores should be able to sell marijuana.

The results showed that 27 per cent strongly agreed with that statement, while 24 per cent strongly disagreed. A further 18 per cent only somewhat agreed with government-only stores, while 19 per cent somewhat disagreed. Just 12 per cent were neutral on the idea.

Thu
24
May

Liberal MPs vote to maintain excise tax on medical cannabis despite pushback from patients

Liberal members of the finance committee have voted against an amendment that could have led to the exemption of medical cannabis from Bill C-74’s proposed excise tax.

"Perhaps 4,000 or more Canadians have written to the members of this committee to oppose this new system, this tax regime on cannabis for medical purposes," said MP Pierre Luc Dusseault of the NDP in the House of Commons yesterday (May 22), as the committee conducted a clause-by-clause review of the bill.

"It will have a very negative effect on current users because it's a system that is already in place. More than 260,000 people are using cannabis for medical purposes, and they have openly criticized this new tax on their medication." 

Thu
24
May

Opposition questions why PEI cannabis store clerks will make more than Early Years Centres staff

The pay gap between future provincial cannabis store workers and existing early childhood workers shows misplaced priorities, says an opposition MLA.

Clerks at P.E.I.’s four cannabis stores will be paid more than early childhood educators in Early Years Centers (EYC), an issue that Rustico-Emerald MLA Brad Trivers took the province to task over during Wednesday’s question period.

Job postings for P.E.I.’s cannabis stores advertise hourly wages ranging from $18.70 to $20.35 for clerks, $22.44 to $25.49 for senior clerks and $25.91 to $36.23 for managers.

Trivers said early childhood educators in the EYCs are paid less than that, making between $15.30 and $17.22 an hour last year while directors were paid around $21.42.

Thu
24
May

A budding opportunity: Canada's cannabis industry looks to Africa for export deals

Demand from Canada’s burgeoning cannabis industry is helping fuel an emerging new industry in Africa: the cultivation of marijuana as an official export crop.

Lesotho and Zimbabwe have become the first African countries to legalize the growing of marijuana for medicinal and scientific uses and both are eagerly exploring potential deals with Canadian investors.

In one of the first Canadian cannabis deals with an African country, Ontario-based Supreme Cannabis Co. Inc. has invested $10-million in a Lesotho company, with the aim of exporting high-quality cannabis oils to Canada and other markets.

Last week, a Zimbabwean newspaper reported that Canadian investors are scouting for 10,000 hectares of land for marijuana farming in the Mashonaland region of the country.

Thu
24
May

Legal pot in Yukon: What we know, and what we don't

The federal government says cannabis will be legal later this summer. But how legal?

If the federal government's plans come to pass, Yukon will join the rest of Canada later this summer in implementing new marijuana laws.

While many people expect it will then be easier to purchase and use marijuana, it won't exactly be a free-for-all. The cannabis industry will be far more regulated than alcohol, for instance.

Here are some of the knowns and unknowns about Yukon's plans for legal pot. 

How legal is it?

Yukon's Cannabis Control and Regulation Act will allow people to legally use marijuana products in their homes or the homes of others who have consented to the use — but nowhere else.

Thu
24
May

Organization planning Cannabis and Hemp Expo for 2019

With the legalization of cannabis expected to happen later this year, a local organization is already planning a conference for next year to help people navigate the new industry.

Sun City Productions is hosting the first ever Cannabis and Hemp Expo May 3rd and 4th, 2019 at the Cypress Centre.

The event will feature exhibitions and workshops about economic opportunities which exist in both the legalized cannabis and hemp industries.

Wed
23
May

Measuring marijuana addiction awareness, before and after it is legal

In advance of marijuana legalization in Canada, it’s important to hear how Canadians evaluate the health impact of marijuana consumption.

Yet the national discussion around marijuana today is all about who is going to make the most money from the momentum toward legalization: Which provinces, cities, bankers, small cap stocks, or hedge funds will generate the most “alpha”?

Canadians have learned a lot about how to make money off the legalization of marijuana. In April 2016, Deloitte Canada partnered with RIWI Corp. to conduct an assessment of the Canadian recreational marijuana market; the results projected a $23 billion market.

Judging by the valuations of the largest cannabis companies, Canadians believe the most bullish of Bay Street analysts.

Wed
23
May

“Smokes, let’s go!”: The Trailer Park Boys are finally creating a cannabis brand

With only months left before Canada officially opens its adult-use cannabis market, Julian, Ricky, and Bubbles are entering the legal ganja game — and you can frick off if you don’t like it!

"Trevor, Cory — smokes, let's go!"

The Trailer Park Boys are getting in the ganja game, and soon Ricky's famously demanding tagline will no longer refer to loose cigarettes, but instead expertly-packed pre-rolls sold legally across Canada.

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