Struggling Canadian cannabis producer pulls out of Jamaica

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Cannabis producer The Green Organic Dutchman (TGOD) is no longer pursuing opportunities in Jamaica so it can focus on its struggling Canadian operations, the Mississauga, Ontario-based company said. The company on Tuesday reported quarterly revenue of 3 million Canadian dollars ($2.2 million), while sales in Canada amounted to only CA$660,000 stemming mainly from a limited product assortment, according to a … Read More

Legal cannabis contributes CA$2.3 billion to crop receipts in Canada

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A growing cannabis industry helped push positive growth in Canada’s realized net farm income in 2019, according to new data from Statistics Canada. Canada’s national data bureau defines realized net farm income as “the difference between a farmer’s cash receipts and operating expenses, minus depreciation, plus income in kind.” Total farm cash receipts, which measure revenues including crop and livestock … Read More

British Columbia weighs online sales, delivery for cannabis stores

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British Columbia says it is looking into measures to support adult-use cannabis businesses during the COVID-19 crisis, including the possibility of allowing stores to conduct online sales and delivery. Privately owned cannabis stores in the province are allowed to accept product reservations online, but payment must be received in stores. Delivery is not allowed. The province’s regulated cannabis industry has … Read More

Ontario still considering cannabis lounge feedback, but ‘no time frame’ for changes

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Ontario’s Ministry of the Attorney General is still considering comments and submissions it received for expanding business opportunities in the regulated cannabis industry – including allowing marijuana consumption cafes and special-occasion permits. The public consultation period closed March 10. “While the regulatory registry posting has closed, the Ministry continues to consider comments received through this process,” a ministry spokesman told … Read More