Licensed outdoor cannabis canopy exceeds indoor for first time in Canada

CanadaLeave a Comment

Aleafia Health’s outdoor cultivation in Port Perry, Ontario. The amount of space licensed to grow cannabis in Canada is now heavily skewed toward outdoor cultivation instead of indoor for the first time, according to new data from Health Canada. The federal regulator said it has licensed roughly 13 million square feet of indoor cannabis cultivation (including greenhouse), versus 19 million … Read More

You’ll Be Able to Buy Weed From Ontario Producers — but There’s a Strange Catch

CanadaLeave a Comment

This spring, Ontario will start to see farm-gate cannabis retail: much like a vineyard or brewery, customers will be able to go to a growing facility and buy weed directly from the producer. It seems simple enough, but there’s a strange twist: producers will be legally required to first sell their cannabis to the Ontario Cannabis Store (OCS), the province’s … Read More

Cannabis NB sees increase in sales: financial results

CanadaLeave a Comment

The New Brunswick Crown corporation in charge of cannabis saw a significant year-over-year increase in sales in the final months of 2019 despite the province’s push for sales to go private. According to the latest financial results from Cannabis NB, from Sept. 30, 2019, to Dec. 29, 2019, Cannabis NB saw $11 million in sales, an increase of 23.7 per … Read More

Deadline nears for proposals to renovate new Quebec cannabis stores

CanadaLeave a Comment

(This story has been updated with more information provided by Société québécoise du cannabis.) Prospective contractors in Quebec have until Feb. 3 to submit proposals to renovate almost five dozen new adult-use cannabis branches slated to be opened over the coming three years. The province is looking to expand the number of adult-use cannabis stores beyond the 43 scheduled to … Read More

The 10 Largest Canadian Marijuana Stocks

CanadaLeave a Comment

With Canadian pot sales expected to hit $5 billion annually by 2024, it pays to know the biggest names in the industry. Though a lot of marijuana history has been made in recent years, most of it can be attributed to Canada, which became the first industrialized country in the modern era to green-light adult-use cannabis sales in October 2018. … Read More