Canadian Medical Marijuana & Cannabis Industry News


Manitoba to open cannabis store market ‘to all prospective retailers’

Manitoba will soon begin taking applications for new cannabis store licenses, opening up the recreational marijuana market in the central Canadian province to all comers. Applications will be accepted starting June 1, but the province will process only one location per applicant at a time. Applicants without any existing stores in Manitoba will be prioritized, […]

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Canadian cannabis sales surged in March amid COVID-19, data shows

Retail sales of regulated cannabis in Canada soared in March, growing 19% on a monthly basis to a record 181 million Canadian dollars ($129 million). The March retail sales figures from Canada’s national data bureau confirm what industry sources told Marijuana Business Daily that month: Consumers flocked to cannabis stores to stock up as public […]

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Prince Edward Island to reopen cannabis stores with restrictions

Licensed recreational cannabis stores in Prince Edward Island will reopen on May 22 “with limited access,” the government-operated marijuana retailer announced. All four PEI Cannabis stores on the island were closed on short notice in March in response to the COVID-19 pandemic, although online sales continued. The reopened stores will feature public health measures, including: Restricting […]

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British Columbia books record tax revenue from cannabis sales

British Columbia’s monthly share of the federal excise duty on adult-use cannabis hit a fresh high as the province continued to execute its plan to greatly expand the number of privately and publicly owned marijuana stores. For December, British Columbia’s share of the federal excise tax was 2.5 million Canadian dollars ($1.8 million) – the […]

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Cannabis firm Green Growth Brands gets initial creditor protection

Ohio-based marijuana retailer Green Growth Brands said Wednesday it has filed for insolvency protection in Canada. The financially troubled multistate operator – with operations in Florida, Massachusetts and Nevada – trades on the U.S. over-the-counter markets as GGBXF and on the Canadian Securities Exchange as GGB. Former Green Growth Brands CEO Peter Horvath, who resigned from the […]

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Cannabis stores coming to Canada’s remote Nunavut territory

The government of Nunavut will soon accept applications for cannabis stores, bringing bricks-and-mortar recreational marijuana storefronts to the only Canadian jurisdiction that still doesn’t have any. License applications will be accepted starting June 1 through the territory’s department of finance. “Nunavut’s cannabis legislation and regulations have a broad range of requirements that licensed cannabis retailers […]

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Ontario’s ‘virtual inspections’ of cannabis stores keep industry growing

Cannabis store entrepreneurs are crediting Ontario’s regulator for its quick transition to a virtual inspection regime amid the coronavirus pandemic, saying the move has been key to increasing the number of legal stores in a province facing a serious retail shortage. The Alcohol and Gaming Commission of Ontario (AGCO) has conducted hundreds of virtual inspections […]

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Cannabis sector lender Trichome successful in bid for James E. Wagner

Trichome Financial Corp. has been declared successful in its stalking horse bid for Ontario-based James E. Wagner Cultivation Corp. (JWC), the latter company announced Tuesday. JWC, which entered creditor protection earlier this year, plans to seek a court order approving the bid as “as soon as possible,” according to a news release. Toronto-based cannabis sector […]

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Ontario cannabis stores start reopening; delivery and curbside pickup extended

An emergency provision temporarily allowing privately owned cannabis stores in Ontario to offer home delivery and curbside pickup has again been extended  by the provincial government, and retailers are now allowed to open their doors under certain stipulations. The emergency order – set to expire May 19 – was extended to May 29. Licensed cannabis stores in […]

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Investment group buys Sundial medical cannabis subsidiary for CA$105 million

A United Kingdom cultivator that is licensed to grow medical marijuana and hemp has been acquired by a group led by a cannabis investment firm. The U.K.’s Bridge Farm Group, which cultivates ornamental plants, flowers and herbs, announced that it was sold by its parent company, Alberta, Canada-based Sundial Growers, to an entity controlled by […]

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