Search: Legalization

City has spent more than $6.9M on cannabis-related costs since legalization

The city says it has incurred more than $6.9 million in cannabis-related costs since legalization last year — an amount that does not include spending on preparations undertaken in the six months prior to legal weed. The cost of responding to legalization has so far exceeded the $3.84 million that was provided to Calgary through the province’s Municipal Cannabis Transition…

Ontario pot smokers flock to black market a year after legalization

The black market for recreational weed in Ontario is not going anywhere soon. With just two dozen stores scattered throughout the province, along with the government-run and online-only Ontario Cannabis Store, residents seeking a high rely mainly illicit sources of pot a year after the federal government legalized its consumption. “I would argue that 80% is illicit in Ontario,” said…

High Tide Exceeds $797,000 in Systemwide Retail Cannabis Store Sales for the 3-Day Period Celebrating the First Anniversary of Legalization

CALGARY , Oct. 21, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (HITI.CN) (HITIF) (2LY.F), an Alberta -based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced over $797,000 in systemwide gross sales from the 26 branded Canna Cabana and KushBar retail cannabis stores from Thursday, October…

O’Cannabis: On the first anniversary of legalization, a cross-country snapshot of where we stand

October 17, 2019, marks the first anniversary of the legalization of cannabis federally in Canada, and the date when the second phase of products — edibles, extracts, topicals and some other alternative cannabis products also become legal.  Each province and territory were handed the reins for rolling out legalization, and the results in terms of access to legal marijuana are…

Consumer Legalization One Year Later: Aurora Cannabis Reveals Sneak Peek of Plans for NextGen Cannabis Products

EDMONTON, Oct. 16, 2019 /PRNewswire/ – On the one-year anniversary of consumer legalization in Canada, Aurora Cannabis Inc. (“Aurora”) (NYSE | TSX: ACB), the Canadian company defining the future of cannabis worldwide, announced plans for the roll-out of vapes, concentrates, and edibles when they are permitted for sale to consumers in December. The Company has prioritized its resources to prepare…

Prairies ‘bright spot’ in Canadian cannabis market as legalization anniversary nears, expert says

As the one-year anniversary of the legalization of recreational cannabis approaches, an industry expert says the Prairie provinces are outpacing larger players Ontario and Quebec in the Canadian market with a smoother rollout and stronger sales. “Manitoba and Saskatchewan are making Ontario and Quebec look very bad,” said Chris Damas, editor of BCMI Cannabis Report, a newsletter for cannabis investors in Canada and the…

420 with CNW – Federally Funded Study Disproves Marijuana Legalization Myths

A new study on the impacts of marijuana, which was funded by the U.S. Department of Justice, showed that marijuana programs do not affect neighboring or non-legal states negatively. The new study authors, while conducting their state-level analysis, were looking to answer three questions; first, the impact of legalization on law enforcement resources in legal states. Secondly, how those resources…

Fear still rules cannabis regulation one year after legalization

As we approach the one-year anniversary of cannabis legalization in this country, it’s important to reflect on the bumpy road we’ve encountered since making what might be considered one of the largest social policy changes in Canadian history. As it stands, legal cannabis sales have topped $100-million a month. To put that in perspective, that’s more than Canadians spend on…

420 with CNW – Study Finds Youth Cannabis Use Reduced After Marijuana Legalization in Washington

A new study by Washington State found that the number of youths using marijuana has reduced following the state legalization of recreational marijuana. According to the study, the number of students in grades six, eight, 10, and 12 in King County purchasing marijuana for personal use reduced or remained constant the whole of 2016. The consumption rate of the female…