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October 15, 2019
News 
 

One year after legalization, market anticipates Cannabis 2.0

This week marks not only the first year that recreational cannabis has been legal in Canada, but the official legalization of Cannabis 2.0 – which would make available the much-awaited cannabis extract products through edibles and topicals – both happening on Oct. 17th.


Health Canada looks at Strainprint data on Canadian cannabis use

Strainprint Technologies Ltd. announced Oct. 15 that Health Canada has subscribed to the company’s data analytics services to further research Canadian cannabis consumption in the post-legalization era.


Statistics Canada reports drop in cannabis prices

The average cost of a gram of cannabis fell 6.4 per cent in the third quarter as the legal price fell for the first time, but illicit products continued to be significantly cheaper, according to an analysis by Statistics Canada using crowdsourced data.
 
 
Sponsored Spotlight 
 
Bookstore

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Business 
 
Aphria

Aphria reports second consecutive quarter of profit

Shares of Aphria Inc. jumped by as much as 18 per cent as the cannabis company reported a profit of $16.4 million in its latest quarter – its second consecutive quarter of profitable growth. Its latest earnings beat the two cent per share loss expected by analysts, according to the financial markets data firm Refinitiv. » Read More
 
CannTrust

CannTrust to wipe out millions worth of cannabis to comply with regulators

CannTrust Holdings Inc. says it will destroy $77 million worth of cannabis plants and inventory as part of its efforts to comply with regulations as authorized by Health Canada. » Read More
 
PRODUCTION 
 
State of the union

State of the union

The big issues making unionization interesting to some cannabis workers are job security, wage discrepancies and health and safety, says UFCW national representative Kevin Shimmin. The Cannabis Council of Canada (CCC) sees things a bit differently however. » Read More
 
Events 
 

Cannabis Expo – Winnipeg

November 1-3, 2019
Location: RBC Convention Centre, Winnipeg, Man.
» Read More

Cannabis Consumer & Business Expo

November 22-24, 2019
Location: Toronto, Ontario
» Read More

Cannabis Expo Ottawa

November 22 – 24, 2019
Location: Shaw Centre, Ottawa
» Read More