Canopy Growth announced a new CBD vape on Tuesday that marks another way Canadian companies are forging retail cannabis pathways in the US. Dubbed Whisl, the vape comes in three variations: Tune-In Pod for focus, Intermission Pod for daytime relaxation, and Fade-Out Pod for before bed. Andy Lytwynec, Vice President, Global Vape Business at Canopy…
Albertan Retailer Buying American eCommerce Companies Ahead of Planned US Cannabis Expansion – LPC High Tide, a Calgary-based cannabis retailer, is getting ready for US cannabis expansion, when cannabis becomes legalized in the United States. According to MJBizDaily, it recently spent $42.5 million on ecommerce assets in the US. These include online cannabis retailer Smoke…
Big-Name Canadian Cannabis Companies Are Literally Crashing the US – LPC Within hours of the US launch of Houseplant – one of the big-name Canadian cannabis companies – its website crashed. Co-owner Seth Rogen said that the launch attracted “a billion times more traffic than expected.” It’s the end of a ten-year journey for him,…
Alberta-Based, Quebec-Owned Fire & Flower Retail Cannabis Chain Strikes Licensing Deal in US – LPC Fire & Flower Holdings Corp. is expanding its retail cannabis empire. The Canadian cannabis retailer struck a licensing deal with American Acres Managers to use its branding, store operating system, and Hifyre platform. The Canadian-owned American Acres is based in…
Founder Says Now Is the Perfect Time to Introduce Contactless Cannabis Vending Machines – LPC Over the years, vending machines have sold everything from Coke to toys to Beats headphones. Now, Colorado will see the first cannabis vending machine. The company, called “Anna”, launched the “tricked out vending machine” at the Strawberry Fields cannabis store…
Circle K Opens First Two Cannabis Convenience Stores in Calgary and Grande Prairie – LPC Fire & Flower announced the openings of its first two “cannabis convenience stores” at Circle K locations in Alberta. Technically, the locations are adjacent to each other to satisfy Alberta’s retail cannabis laws. But it does signal a new dynamic…
Province Sees Surge of Cannabis Retailers as Applications Grow to 800 – LPC Ontario’s new wave of cannabis stores are started to crest after the Alcohol and Gaming Commission of Ontario (AGCO) got rid of its cannabis retail store lottery system. Several stores have opened recently or announced plans to open. In London, Friendly Stranger…
“I’m Really Glad 2019 is Over” Says High Tide CEO – LPC Cannabis retail chains see fewer obstacles ahead for 2020 and expect a larger roll-out of stores. Several larger ones sat on a panel hosted by AltaCorp Capital in Toronto last week. The event was part of ATB Financial capital market division’s annual investor…
