Ontario’s provincial cannabis retailer will soon stop carrying products that don’t meet certain sales targets and introduce a “craft designation” to boost smaller licensed producers. The strategy, which was outlined in a webinar Friday for Canadian cannabis producers, will see products sold through the Ontario Cannabis Store (OCS) be required to meet weekly sales targets consistently or face delisting from store shelves. The move…
Industry-leading cannabis retailer continues its focus on Ontario as a priority market for expansion TORONTO, Jan. 8, 2021 /CNW/ – Tokyo Smoke, Canopy Growth Corporation’s award-winning retail brand is proud to announce the planned opening of 9 brick-and-mortar retail franchised cannabis locations across Ontario over the course of January 2021. READ MORE: https://finance.yahoo.com/news/5n-plus-reports-strong-financial-223000005.html?.tsrc=rss
Ontario’s legal cannabis industry is gaining ground in its fight against the illicit market, but the progress likely won’t last long because of COVID-19 lockdowns. The Ontario Cannabis Store said Thursday that between the start of July and end of September the legal industry controlled slightly more than 36 per cent of the recreational market, up from about 25 per…
Premium cannabis producer brings Greybeard dried flower and pre-rolls, and innovative Being THC Oral Strips to the Canadian market December 17, 2020 09:00 AM Eastern Standard Time TORONTO–(BUSINESS WIRE)–Thrive Cannabis, a licensed producer of premium craft cannabis concentrates and dried flower, today announced the launch of Greybeard dried flower and pre-rolls, the brand’s first-ever recreational cannabis flower products, as well…
The Alcohol and Gaming Commission of Ontario (AGCO) has announced it will once again be doubling the pace of its cannabis Retail Store Authorizations (RSAs). In September, the agency vowed to double its approval pace and authorize 40 stores a month. Citing direction from the government, the AGCO now reports it will be issuing 80 RSAs per month. According to…
Ontario’s Auditor General Bonnie Lysyk says there is a lack of transparency and oversight with the operations of the Alcohol and Gaming Commission of Ontario (AGCO), the agency responsible for regulating the alcohol, gaming, horse-racing and private cannabis retail sectors throughout the province. With nearly 80,000 licensees across four industries in its purview, Lysyk’s report states that “the AGCO does not have…
While Ontario’s longest patio season is serving its last calls under well-used heat lamps, industry groups representing the hard-hit restaurant, tourism, and live events sectors are calling on the province to advance talks on selling and consuming cannabis inside public venues. Beth Potter, president and CEO of the Tourism Industry Association of Ontario (TIAO), wants new pot regulations for lounges,…
The number of cases of COVID-19 has spiked in the province of Ontario causing new lockdown orders. It was reported that more than 1,400 new coronavirus cases had been recorded in Ontario on Friday. Toronto has been the hot zone for the latest outbreak as the city broke its record for new infections on Tuesday and has reported several hundred…
Ontario will allow cannabis retailers to provide curbside pickup and delivery services in regions impacted by upcoming provincial lockdowns, the province’s attorney general said Friday. Cannabis retailers were briefly allowed to provide delivery services in April during the early days of the COVID-19 pandemic, but that was rescinded three months later. However, with Toronto and Peel Regions now set to enter a lockdown…
Fire & Flower Restores E-Commerce & Delivery in Ontario To Safely Service Customers Following New Lockdown Orders TORONTO, Nov. 23, 2020 /CNW/ – Fire & Flower Holdings Corp. (“FFHC”) (TSX: FAF) and its wholly-owned subsidiary Fire & Flower Inc. (“Fire & Flower” or the “Company”), is pleased to announce that its stores will once again […] READ MORE: https://www.newcannabisventures.com/fire-flower-to-provide-delivery-and-curbside-pickup-following-ontario-lockdown/
TREVOR ROSBOROUGH, TAYLOR CARR, AND DMITRI GRAHAM, File No. 2020-33TORONTO, Nov. READ MORE: https://finance.yahoo.com/news/thc-kiss-beverage-shot-ship-120000909.html?.tsrc=rss
It’s hard not to be encouraged by cannabis retail revenue in Ontario — with the country’s most populous province cementing its lead position — and the pace of growth likely continuing for a couple more years before reaching store saturation. The sleeping giant that is Ontario cannabis retail seems to be waking, with the province registering the highest revenue of…