A retail cannabis corporation, High Tide, has acquired five retail cannabis locations in Regina. The locations include Prince of Wales Drive, Victoria Avenue, Eastgate Drive and Albert Street.

All five locations are expected to be operational by the end of 2021. 

The company's founder, president and CEO, Raj Grover, says the stores will run under the name Canna Cabana.

Grover also says acquiring stores in Regina came with some challenges but was worth the investment.

Canada's legal weed market has been struggling since legalization in 2018 

• With the closing of the Acquisition, High Tide now operates 90 retail cannabis locations across Canada.

• Once fully developed, High Tide will have nine stores operating in the Province of Saskatchewan – all expected to be open by year end.

SASKATOON, Saskatchewan, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Mother Labs Inc. (“Mother Labs”) and Rascal Seed Research Laboratories Pty. Ltd. (“Rascal Seed”) are happy to announce a shipment of tissue culture germplasm has been successfully received in South Africa with Health Canada’s approval granted earlier this year. The companies have entered a long-term multi-year partnership whereby Mother Labs will supply contractual genetics, including more than ten (10) premium, high-quality cultivars to the South African Tissue Culture Laboratory and Research Facility.

Saskatchewan posts second-highest sales growth in the west as Canada-wide cannabis sales hit a record for second straight month

Legal sales of cannabis in Saskatchewan reached $13.4 million in April, up 5.4 per cent from March and the second-highest month-over-month sales increase among western provinces.

Statistics Canada’s latest sales data shows that national marijuana product sales hit a record high of $309.7 million in April, 3.8 per cent higher than a month earlier, which was the previous record month for sales.

British Columbia led all western provinces with a 13 per cent increase, month-over-month, to $47 million in April. Alberta sales flatlined at a west-leading $58 million in cannabis sales, unchanged from March, Statistics Canada reports.

A Manitoba First Nation is speaking out against the province for taking legal action against them over the operation of a cannabis store on their own land.

The Manitoba government wants the store Indigenous Bloom to close for operating without a Liquor, Gaming and Cannabis Authority licence, Long Plain First Nation is part owner of the store, which is located in Portage la Prairie, Man.

Chief Dennis Meeches of Long Plain First Nation said he’s not surprised by the province’s actions, adding that the store is fully compliant under Health Canada’s regulations.

Zoning rules for cannabis stores have left potential businesses frustrated, and amendments could be made to alleviate those concerns, according to a report from City administration

The report said Regina is the only city in Canada that has a reciprocal buffer zone which means schools, parks, day care centres, enclosed rinks, public libraries, and public community centres are not allowed to move within one block or 600 feet of an already established cannabis shop. That rule has kept two to three new businesses from opening so far.

Regina needs approximately 24 licensed cannabis shops to disrupt the local black market, according to a new report released by city administration Wednesday.

But wannabe pot shop owners may struggle to reach that number as zoning regulations create barriers to development.

More than $11 million in federal funding is en route to businesses in Saskatchewan, in an effort to bolster scale-up and productivity in the province.

Mélanie Joly, the federal minister of economic development and official languages, as well as the minister responsible for Western Economic Diversification Canada (WEDC), announced the funding for 11 projects earlier this week.

It’s been half a year since VIGR Life Cannabis Inc. (VLC) started cultivating its first crops in Regina, and now they’re ready to launch their first series of products.

The company, which is the first micro-grower in Regina, will be introducing a line of buds and pre-rolls which will be available at local dispensaries starting on April 20.

“Our plan is to bring things that maybe the market hasn’t seen yet,” said Jared Dumba, vice-president of operations in an interview Monday.