Ontario

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Thu
25
Jun

Pure Sunfarms starts shipping to Saskatchewan and Manitoba

Pure Sunfarms, the joint venture between veteran vegetable grower Village Farms International Inc. (TSX and NASDAQ: VFF) and medical cannabis company Emerald Health Therapeutics Inc. (TSX-V: EMH), began shipping its products to Saskatchewan Wednesday.

Wed
24
Jun

Legal cannabis stores had early impact on Hamilton's black market

Hello Cannabis, a medical marijuana information and education centre, had been operating for about a year at 51 Cootes Dr. in Dundas when Ontario held its first recreational retail pot store lottery.

Fri
19
Jun

Hexo Corp. sells Niagara Falls cannabis facility for $10.25 million

Hexo Corp. says it has sold its facility in Niagara Falls, Ont., for $10.25 million to an undisclosed buyer.

The cannabis company announced in March plans to list the facility after reviewing its cultivation assets.

Hexo determined that it no longer expected to restart operations, which it halted in November 2019, due to an excess of cultivation capacity in the market, forecasted demand for cannabis products and expected market development.

The sale of the Niagara facility included land and greenhouse facilities, as well as certain equipment.

The company says it expects to use the proceeds to fund additional expansion of its Belleville, Ont., facility and for working capital and other general corporate purposes.

Fri
12
Jun

Ontario keeps weed delivery and pickup as COVID-19 closures ease

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. 

Fri
12
Jun

Hexo CEO calls for more pot shops in Ontario, Quebec in profit push

Hexo Corp. has a plan to become profitable, but getting there will require an influx of newly-licensed pot shops to open in Canada's biggest consumer markets, the company's chief executive officer said Thursday. 

"Our plan to achieve adjusted positive EBITDA by the end of the calendar year will depend on the growth of retail stores in our two largest markets, Ontario and Quebec," said Sebastien St-Louis in a conference call with analysts.

"We need the governments to either continue to build out the retail infrastructure, or allow the private sector to provide the service that consumers demand."

Thu
11
Jun

Cannabis in Ontario isn't all roses and sunshine. Here are some major causes for concern

On Monday, the Ontario Cannabis Store (OCS) published a wide-ranging report offering insight into the purchasing patterns of Ontario cannabis consumers. 

The data covers all legal sales across the province from April 1, 2019 to March 31, 2020. A few licensed producers and product categories emerged as leaders and we’ve covered them here. But it wasn’t all roses and sunshine. The report highlighted several areas still of concern for the fledgling industry.

Wed
10
Jun

We've got the data on the first full fiscal year of cannabis sales in Ontario. These are the undisputed winners

Canadian cannabis consumers love nothing more than to weigh in on our country’s legalization rollout. In Ontario — often cited as having one of the worst of all the provinces — that often means a whole lot of criticism.

From the ill-conceived storefront licence lottery to complaints about quality and pricing, there’s been no shortage of issues to shake one’s head at. But the Ontario Cannabis Store has been hard at work listening to feedback, adjusting prices and perhaps most importantly, collecting data about these all-important early days for the burgeoning sector.

Wed
10
Jun

Ontarians spent $20M on Cannabis 2.0 items in first three months of sales: OCS

Ontarians shelled out almost $20 million in the first three months that edibles and other products in Canada's second wave of legalization were available for sale — and experts believe that number will only grow.

Cannabis vapes, topicals, concentrates and edibles such as gummies and chocolates hit store shelves in January with beverages following in March, but roughly $19.3 million worth of those products were sold in Ontario in the 12 months ending at March 2020.

The province's distributor, the Ontario Cannabis Store, said vapes were the most popular products in the second wave of legalization, known as Cannabis 2.0. About $14.8 million worth of vapes were sold in the first three months they were available.

Tue
09
Jun

Ontario Details How Legal Cannabis Is Taking Root

Today the Ontario Cannabis Store (OCS) published A Year in Review (2019-2020): Ontario’s first full year of legal cannabis operations as a resource for the Ontario cannabis industry. It provides comprehensive data including detailed sales figures by category and brand, pricing information and consumer trends.

This transparent and publicly available source of cannabis data is an important milestone in building Canada’s largest, most dynamic, legal cannabis marketplace. The report will evolve over time with the goal of supporting authorized retailers and licensed producers, informing social responsibility efforts and offering a transparent view into Ontario’s cannabis sector.

Tue
09
Jun

Ontario sells over 35 tonnes of legal pot in past year, OCS says

Ontario sold more than 35 tonnes of legal cannabis in the past year, according to the province's Crown corporation in charge of selling pot online and to the wholesale market. 

The Ontario Cannabis Store (OCS) released its initial report detailing how the first full fiscal year of sales fared late Monday, showing exactly which brands and products sold well in Canada's most populous province and how sales helped take a significant chunk of sales away from the illicit market. 

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