The British Columbia government says new rules for private cannabis retailers will allow pot to be reserved and paid for online, but customers still have to pick up their orders in person. The province says the regulations now allow private cannabis stores to accept payments made on a website, app or by telephone. Previous licence conditions allowed customers to reserve…
Focused expansion of an award-winning retail brand July 29, 2020 07:00 ET | Source: Superette photo-release Inside Superette’s Toronto Flagship Location At 1073 Yonge Street Superette’s Jumping Jack 510 Vape Cartridge and Battery TORONTO, July 29, 2020 (GLOBE NEWSWIRE) — Superette Inc., and its wholly-owned subsidiary Superette Ontario Inc. (collectively, “Superette” or the “Company”), are pleased to announce the opening of its second cannabis…
Leading Cannabis Retailer Opens New Provincial Market EDMONTON, AB, July 23, 2020 /CNW/ – Fire & Flower Holdings Corp. and its wholly-owned subsidiary Fire & Flower Inc. (collectively, “FFHC”, “Fire & Flower” or the “Company”) (TSX: FAF) (OTCQX: FFLWF), today that it has received the Approval in Principle (“AIP”) from the Liquor and Cannabis Regulation […] READ MORE: https://www.newcannabisventures.com/fire-flower-receives-approval-in-principle-for-two-cannabis-retail-locations-in-vancouver-british-columbia/
The chief executive officer of independent cannabis retailer Fire and Flower Holdings said this week Canada needs 4,000 pot shops in order to compete with the country’s still-thriving black market. In an interview with BNN Bloomberg, Trevor Fencott said the Canadian illicit market for weed is still more efficient than the legal one, which has suffered numerous setbacks since legalization…
Part of building a returning customer base is investing in a company brand; however, dispensaries in legal markets across are regulated differently state-by-state, limiting the options for traditional marketing, such as radio or TV ads, billboards, distribution of brochures in public spaces, and more. In many states, retailers are permitted to sell merchandise donning cannabis company logos and other branding—such…
The legal cannabis market in Ontario is set to explode in the coming months, as the province takes a free-market approach to the fledgling industry. Here in northern Ontario, Greater Sudbury has six stores in the application process or already operating, while Sault Ste. Marie has five and North Bay has seven. With a population in North Bay of around…
The City of Saskatoon’s Planning, Development and Community Services Committee has unanimously recommended that cannabis retailer license fees be reduced from the current $20,000 to $4,500 when the SLGA begins accepting new applications for stores in September. Subsequent business license renewals are expected to remain at $85 annually. To date, $120,000 in revenue from business licensing fees has been received. Before legalization, in early June, 2018,…
Fire & Flower Announces First Quarter 2020 Financial Results – Revenue up 142% to $23.1 million, improved operational performance and strengthened balance sheet DMONTON, AB, June 16, 2020 /CNW/ – Fire & Flower Holdings Corp. (“Fire & Flower” or the “Company”) (TSX: FAF) (OTCQX: FFLWF), today announced its financial and operational results for the thirteen-weeks […] READ MORE: https://www.newcannabisventures.com/canadian-cannabis-retailer-fire-flower-quarterly-revenue-increases-142-to-23-1-million/
IN ONE CHART There’s a pretty big gulf between how professional investors manage money and the bets made by average people. Like many things, it may have been amplified by the upside-down nature of markets and the economy in the wake of the coronavirus shock — or not. READ MORE: https://finance.yahoo.com/m/62291bce-a616-3fa1-bc11-dc2d71b16eb0/here-are-the-biggest.html?.tsrc=rss
WINNIPEG, Manitoba, June 01, 2020 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (DN.TO) (VRNDF) (“Delta 9” or the “Company”), is pleased to announce that on May 29, 2020 it closed a transaction with Modern Leaf Group Inc. (“Modern Leaf”) to acquire all or substantially all of Modern Leaf’s assets located in the Province of Alberta relating to two retail cannabis…
TORONTO, May 26, 2020 /PRNewswire/ — It should come as little surprise that the group who is recognized for opening Toronto’s first retail cannabis store has become the first retailer to successfully execute same-day cannabis delivery in Ontario amidst COVID-19. Following the government’s announcement permitting curbside pickup and delivery on April 7, 2020, The Hunny Pot demonstrated their agility by quickly pivoting their brick and mortar business model to online curbside and delivery,…
The Manitoba government is moving forward on its plan for an open and competitive cannabis retail market, Crown Services Minister Jeff Wharton announced Friday. “We are pleased to open the market further by allowing more retailers to apply for retail licences,” said Wharton in a press release. “This move will enable local entrepreneurs to create jobs and support Manitoba’s…