About 3,000 Customers Waiting Before OCS Cannabis 2.0 Products Went on Sale – LPC The Ontario Cannabis Store or OCS Cannabis 2.0 products sold out in hours when they came online on January 16. The government-run online store reported that there were about 3,000 customers waiting in its digital “lobby” for the website to open…
“Very Limited Supply” Only Available in 27 Stores Province-wide – LPC The first wave of cannabis 2.0 products hits Ontario today, though it may seem more like a ripple. The Ontario Cannabis Store (OCS), which manages distribution in the province, said that there is a “very limited supply”. A spokesperson said that supply to be…
CannTrust Receives Second Non-Compliance Notice – LPC Weeks after Health Canada stopped cannabis sales from CannTrust’s Pelham, Ont. site, its Vaughn, Ont. has also been found to be “non-compliant with certain regulations.” CannTrust announced in a press release that it has been cited for inadequate security and improper cannabis storage procedures, among other things. The…
Montreal-Based PotRentals Expanding Airbnb-Like Cannabis Experiences to Alberta Capital – LPC PotRentals is expanding its cannabis experiences to Edmonton. It already offers “weed- and fun-friendly” accommodations for travellers to Toronto, Montreal, Vancouver and Calgary. The idea is to make it easier for people to find accommodations that allow smoking cannabis. With other short-term rental services,…
Thousands of Patients in Limbo While Experts – and Perhaps Health Canada – Debate Production Licence Suspension – LPC CannTrust Holdings faces a possible production licence suspension after admitting to misleading Health Canada. The federal health agency issued a non-compliance order on CannTrust for growing cannabis in unlicensed rooms in its Pelham, Ontario facility. It…
Canada Could Switch from Shortages to Cannabis Oversupply Quickly – LPC Analyst Tom Adams of BDS Analytics said that Canada could see cannabis oversupply as early as 2019. He based his predictions on patterns on other markets, and the ability of licensed producers to increase production. “The point of balance will last about 10 seconds,”…
Winnipeg-Based Delta 9 Cannabis a “Lean Operation” – LPC Delta 9 Cannabis Inc. announced stellar financials for its end-of-year report. The Winnipeg-based processor and sales company saw operating revenue take off from about $1 million in 2017 to over $7 million in 2018 – a 702 per cent increase. Gross profits on that increased 1,200 per…
First “Legal” Vancouver 4/20 Not Entirely Legal Vancouver 4/20 started as a protest against the criminalization of cannabis. This year, the first 4/20 event since cannabis was legalized, organizers still feel they have issues to protest. For one, city officials still refuse to give permits for the event. “To opponents, the 25th annual event has…
Movie Star and His Co-writer Partners with Canopy Growth for New Cannabis Brand – LPC Seth Rogen and his long-time writing partner Evan Goldberg have teamed up to launch a Canadian cannabis brand called Houseplant. The partnership includes Canopy Growth, which owns a 25 per cent stake in the company. Rogen, the Canadian actor famous for…
Legal Cannabis Retail Workers Tell All About What’s Working and What Isn’t – LPC The Financial Post (please see link below) reports that it’s been “a bumpy few months” for legal cannabis retail owners in Canada. Although as one person they spoke to pointed out, the challenges are likely to be expected for a…
