Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Wed
27
Jan

Cannabis use rises in pandemic

During the first wave of the COVID-19 pandemic, more Canadians were using cannabis, according to a report from the Centre for Addiction and Mental Health (CAMH).

Fifty-two per cent of those who had consumed cannabis in the previous week said that they were consuming it more than they were before the pandemic. The median usage rate for these people was about four days a week.

The results match those of a July 2020 report from the Canadian Red Cross which noted that many Canadians who consume alcohol or cannabis are indulging more during the pandemic.

Mon
25
Jan

A billion grams of unsold legal pot may spell further woes for the industry

There's a billion grams of cannabis stuck in vaults across Canada. The billion dollar question now is: What do you do with all that legal pot? 

Health Canada released industry-wide cannabis data for October earlier this week showing that about 1.1 million kilograms of cannabis are being stockpiled by producers nationwide. 

That's an all-time high for the sector, following the second legal harvest of outdoor cannabis in Canada. That harvest pumped an additional 220,461 kilograms of legal pot into the market, up 67 per cent from the previous month.

It's a glut that continues to weigh heavily on the industry, possibly spelling further writedowns and facility closures in the months to come, analysts say. 

Mon
25
Jan

Canadian cannabis retail sales top $261 million in November

The latest numbers from Statistics Canada show retail pot sales in Canada reached more than $260 million for the month of November.

It’s a slight dip from the previous month when nationwide sales reached more than $270 million, but a 93 per cent increase from a year ago, reports  New Cannabis Ventures.

In Nov. 2019, Canadians bought $135 million worth of cannabis.

Mon
25
Jan

Canadian study finds almost half of medical cannabis users with chronic pain stopped using opioids

A Canadian study of patients seeking medical cannabis to treat chronic pain found that women reported more pain intensity than men and that opioid use was almost halved for those who remained in the study until the end.

“Female sex was significantly associated with worse outcomes than male sex, including pain intensity and pain-related interference,” while opioid use decreased by almost half, from 40.8 per cent at baseline to 23.9 per cent at 12 months, notes the study published in the Canadian Journal of Anaesthesia.

Fri
22
Jan

3 Top Canadian Stocks to Buy in 2021

Although the Canadian equity markets are trading closer to their all-time high, the rally in the following three stocks could continue, given their large addressable market and expanding market share.

Fri
22
Jan

CannTrust enters pact to settle class action lawsuits from illicit production scandal

CannTrust Holdings Inc. said Wednesday it will put $50 million into a trust that will be earmarked for investors who filed class-action lawsuits against the company after it received a non-compliance order from Health Canada.

The move is to cover claims stemming from a production scandal that led federal regulators to suspend its ability to grow and produce legal pot.

The company said that the "restructuring support agreement" it entered into with plaintiffs still needs to be negotiated to finalize "in good faith."

Thu
21
Jan

CannTrust enters pact to settle class action lawsuits from illicit production scandal

CannTrust Holdings Inc. said Wednesday it will put $50 million into a trust that will be earmarked for investors who filed class-action lawsuits against the company after it received a non-compliance order from Health Canada.

The move is to cover claims stemming from a production scandal that led federal regulators to suspend its ability to grow and produce legal pot.

The company said that the "restructuring support agreement" it entered into with plaintiffs still needs to be negotiated to finalize "in good faith."

Wed
20
Jan

What pot products are Canadians buying when it comes to wellness?

Stuart Ryan is the Director of Training and Recruitment at Dutch Love Cannabis, a Canadian collection of 19 privately-owned retail cannabis stores with locations in B.C., Ontario, and Alberta. Stu is passionate about philanthropy, social responsibility and promoting sustainable practices to reduce the carbon footprint of the industry and producers.

In today’s section, he suggests how to go about making a purchase that’s right for you.

Tue
19
Jan

Give Canadian cannabis producers more packaging and labelling flexibility

While efforts to legalize recreational cannabis nationally have stalled in the United StatesNew  ZealandMexico and Israel, Canada’s legal market continues to evolve.

Mon
18
Jan

OPP's enforcement team tackles illegal cannabis market

In the last two years, members of the Ontario Provincial Police (OPP) Provincial Joint Forces Cannabis Enforcement Team (PJFCET) have tackled illegal cannabis production, sale and distribution enterprises across Ontario.

The PJFCET is responsible for enforcing the cannabis laws and investigating criminal enterprises that exploit or abuse the legal cannabis market and consists of members from OPP, Kingston Police Service, Hamilton Police Service, Barrie Police Service, Waterloo Regional Police Service, Sarnia Police Service, Windsor Police Service, London Police Service and Niagara Regional Police Service.

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