Who Stands To Cash In On Canada’s Legal Marijuana?

Smith Falls, Ontario – The cannabis growing operation in Smith Falls, a small town southwest of the Canadian capital, Ottawa, is unlike most others in the world. Occupying 15,600sq metres in a facility that was previously Canada’s first Hershey’s chocolate factory, thousands of cannabis plants sit across the street from a […]

StatsCanada Survey Finds Canadians Pay An Average Of Under $7 Per Gram Of Cannabis

Canadians pay an average of less than $7 a gram for pot, according to Statistics Canada data collected through a crowdsourcing pilot project. More than 15,000 Canadians have participated in StatsCan’s online survey since Jan. 25, exceeding expectations of 1,000 to 2,000 entries. Broken down by province and territory, the average price […]

Canadians Spent An Estimated $5.7 Billion On Cannabis Last Year

Nearly five million Canadians spent money on marijuana last year, spending an average of about $1,200 each, according to new federal data. That’s one of the main takeaways of a Statistics Canada report released Thursday that attempts to quantify the size of the market leading up to legalization this summer. The data […]

To Curb Black Market, Canada Plans To Sell Grams Of Marijuana For Only $7.77

As Canada gears up to legalize marijuana in July of next year, Ottawa agreed to sell weed at $7.77 a gram—$10 in Canadian dollars—which will only add to the country’s deficit. The Canadian government announced that provinces will receive 75 percent of the tax revenues to help cover the costs of […]

Canada To Sell Marijuana In Liquor Stores Once Legalized In 2018

One province in Canada has decided to sell its marijuana in liquor stores. Nova Scotia, a province on Canada’s eastern shore, announced on Thursday that the Nova Scotia Liquor Corporation, its sole alcohol distributor, would sell the drug in its stores and on its website once Canada legalizes weed in […]

Canadian Cannabis Activist Takes Shot At Former Cops Entering The Industry

One of Canada’s most prominent marijuana activists has taken aim at former police officers who have entered the country’s fledgling cannabis industry, saying it was “hard to stomach” that those who spent years sending people to jail for pot offences are now poised to profit as the country moves towards legalisation. […]

Canada’s Marijuana Legalization Bill Headed To The Senate

MPs passed the Liberal government’s bill to legalize cannabis Monday evening, sending the legislation down the hall to the Senate for further study and debate. The legislation was largely supported along partisan lines, although it secured the support of the NDP and Green Party Leader Elizabeth May. The final vote […]

Previously Opposed, This Former Police Chief from Toronto Now Runs a Cannabis Company

Once an outspoken critic of legalizing pot, Julian Fantino says he changed his mind after veterans convinced him of the benefits of medical marijuana in treating post-traumatic stress disorder and managing pain. The former Toronto police chief was recently named executive chair of a GTA medical marijuana company. Fantino told […]

Popular Alcohol Marketer Jumps into the Cannabis Realm

Find your buds? The U.S. marketer of Corona, the Mexican beer known for its “Find Your Beach” tagline, is dipping its toe into the marijuana business. Constellation Brands, which also markets wine and spirits brands, has taken a 9.9% stake in a Canadian marijuana company called Canopy Growth Corp., the Wall Street […]

Colorado Medical Officer Tells Canada ‘No Significant Issues’ from Marijuana Legalization

The Chief Medical Officer in Colorado, where marijuana was legalized in 2014, has some advice for Canada leading up to the legalization of marijuana on July 1. Dr. Larry Wolk told Island Morning host Matt Rainnie Canadians have been interested in hearing his opinions on the subject since it was […]