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Week in Weed – March 16, 2024

StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending March 16, 2024

High Tide to acquire Queen of Bud

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The deal will bring all related IP and trademarks associated with Queen of Bud under High Tide’s umbrella. Queen of Bud’s founder, Ashley Newman, will…

Niagara police investigating armed robbery of cannabis store

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Police in Niagara say they are investigating an armed robbery at a cannabis store on March 11. 

BC’s Good Buds Company posts notice of intent, path to debt restructuring

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BC outdoor cannabis growers Good Buds Company Inc. filed a notice of intention to make a proposal pursuant to the Bankruptcy and Insolvency Act.

Week in Weed – March 9, 2024

StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending March 9, 2024

Cannabis industry union adds new stores, loses one

Employees at a Vancouver cannabis store that joined the BC Budtenders Union in 2022 quietly voted to decertify the union a few months later. 

Cannabis consumption spaces beginning to open in BC

A cannabis store in Penticton hopes to become the first cannabis store in the province with a designated consumption area. 

36 kg of cannabis from Toronto intercepted at Dublin Airport

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Officers from Irish Revenue and Customs seized 36 kg of cannabis on March 2, arresting a man in his 20s who arrived on a flight…

Week in Weed – March 2, 2024

StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending March 2, 2024

Cronos shows declining losses, increased cost of sales in 2023

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Cronos Group Inc. says it has improved its cash flow in 2023 due to lower operating expenses and increased exposure to international markets.

Avant Brands brings in $30 million in revenue with a $5 million loss

Kelowna-based Avant Brands Inc. announced its audited financial results for the fiscal year ended November 30, 2023.

Household spending on legal cannabis increases while illegal decreases

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Household spending on cannabis in Canada declined in the last two years, following an increase in the first three years of legalization.

Study raises questions about accuracy of eyelid tremor as evidence of cannabis impairment

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A new study is questioning the accuracy of a method used by police to determine cannabis impairment. 

Unlicensed cannabis store in New Brunswick fined $20,000

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The owners of an unlicensed cannabis store in New Brunswick have been fined $20,000 following a raid in 2022, while charges against two men connected…

Wayne Patrick Consumer Products pursuing a Sale, Refinancing and Investment Solicitation Process due to insolvency

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Two Ontario-based cannabis companies are pursuing a Sale, Refinancing and Investment Solicitation Process (SISP) through court due to low cash flow.

Community Savings rolls out pre-approved credit cards for cannabis members

Community Savings, a BC-based credit union, has announced the launch of pre-approved business credit cards for its cannabis membership. This industry-first offer finally gives cannabis…

Canadian Cannabis Exchange facilitates sale of Ogen production facility and equipment

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Canadian Cannabis Exchange Ltd., through the court appointed Receiver, Alvarez & Marsal Canada Inc., announces the exclusive sale of Ogen Ltd. property, which includes a…

Week in Weed – February 24, 2024

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StratCann’s weekly round-up of news headlines in the cannabis industry for the week ending February 24, 2024

New Brunswick’s eighth private cannabis store opens in Hampton

New Brunswick recently announced the eighth private retail cannabis store in the province, it’s located in Hampton, about a 30-minute drive from Saint John.

Kootenay Cultivar makes the most of micro

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This week at StratCann, we looked at the changing landscape of Canadian cannabis events and how some producers are distinguishing themselves with low-THC products. We…

Community Savings Credit Union announces affordable invoice factoring for cannabis licensed producers

A BC-based credit union is launching a new invoice factoring program intended to meet the needs of British Columbia’s federally licensed cannabis producers.

Cannabis Industry Forum finally formally announced

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Innovation, Science and Economic Development Canada (ISED) has finally formally announced its Cannabis Industry Forum.

A Manitoba cannabis brand is taking a former partner to court

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TobaGrown, Inc. and TobaRolling, Inc. filed a notice of claim in Manitoba on February 16 against the owners of Kief Cannabis Company, Ltd. and Lucky…

Kelowna cannabis store fined $7,000 for failing to check ID

It was an expensive Valentine’s Day for one cannabis store in Kelowna when a judge ordered the store to pay a $7,000 fine for an…

BC micro files notice of claim alleging non-payment from processing partner

A micro producer in BC has filed a notice of claim in provincial court alleging a third-party processor did not pay him for products they…

ALCannTrace provides streamlined seed-to-sale record keeping for the cannabis industry

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ALCannTrace is a web-based seed-to-sale record-keeping software solution with a medical e-commerce option that has been developed specifically for Canadian cannabis license holders.

Recall of BonBon Turkish Delight cannabis edibles in Ontario

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Health Canada has issued a recall for two lots of WellCann Intl. Inc.’s BonBon Turkish Delight – Lokum edible cannabis sold in Ontario. 

Manitoba announces several new cannabis distributors

On February 9, Manitoba Liquor & Lotteries announced five companies that successfully applied to provide cannabis distribution services in the province.

Cannabis Jobs Update – February 2024

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Interested in joining the cannabis industry? Numerous cannabis job opportunities await across Canada. Check out just a few of them below in our February roundup

Evidence, charges thrown out after Hamilton police found to violate Charter rights in “no-knock” raid

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The case against a woman related to a 2021 raid by police in Ontario has been thrown out of court, along with collected evidence, after…

PPB Analytical brings a decade of experience to the cannabis industry

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Accredited analytical testing lab PPB Analytical offers cannabis testing for potency, terpene profiling, pesticides, solvents and more. Improve safety with integrity.

Toronto area cannabis store forced to print out entire script of Shrek on customer receipt

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A prankster forced a Toronto cannabis dispensary to print out the entire script of Shrek last month, something the retailer’s e-commerce provider says they quickly…

GrowerIQ completes acquisition of Ample Organics

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This week at StratCann, we looked at the changing landscape of Canadian cannabis events and how some producers are distinguishing themselves with low-THC products. We…

Three month decline in retail cannabis sales in 2023

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Cannabis retail sales continued to decline in Canada from a peak in August 2023, according to new figures from Statistics Canada.

Simply Solventless acquires Lamplighter

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Simply Solventless Concentrates (SSC), the company behind Frootyhooty and Astro Labs, announced today that it has acquired the Lamplighter recreational cannabis brand for $600,000.

OGEN initiates sale of brand, intellectual property, product line, genetics

OGEN, a cannabis company that recently announced it was shutting down, has initiated the sale of its brand, intellectual property, product line, and genetics.

Safari Flower Group receives CCAA protection

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Safari Flower, an Ontario-based cannabis producer, received CCAA protection on January 12, listing over $55 million in liabilities. 

Proficiency Testing Canada improves laboratory data quality with real cannabis samples

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Proficiency Testing Canada (PTC) is a not-for-profit organization that improves laboratory data quality by providing laboratories with essential quality assurance tools. 

Two cannabis stores in BC targeted in early morning burglaries

Two BC cannabis stores have faced break-ins this week, causing significant damage to the stores and a loss of product. 

Canadian cannabis company named in lawsuit against federal government

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This week at StratCann, we looked at the changing landscape of Canadian cannabis events and how some producers are distinguishing themselves with low-THC products. We…

Cannabis Jobs Update – January 2024

Explore current job opportunities in the ever-evolving cannabis industry. Whether you’re a seasoned professional or a newcomer looking to enter the field, our monthly curated…

Trygg Collection variety Pack recalled in BC due to labelling error

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Flowerchild Research has recalled one lot of its Trygg Collection Block Party Variety Pack of pre-rolls sold in BC due to a labelling error. 

Top seven Canadian cannabis stories of 2023

Explore the pressing issues that surfaced in the Canadian cannabis industry in 2023. Our summary brings together key topics we’ve covered, putting these hot-button issues…

Changes to cannabis rules and regulations in 2023

Exploring the impact of the changes and evolution in Canadian cannabis rules and regulations during 2023.

BC First Nation files lawsuit against group it says is using its land to grow and sell cannabis without licence

A First Nation in British Columbia has filed a lawsuit against individuals it says are, among other activities, using the Nation’s land for growing and…

Auxly recalls one lot of Mandarin Cookies in Manitoba due to minor labelling error

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Auxly Ottawa has recalled one lot of its Back Forty Sativa Mandarin Cookies dried cannabis sold in Manitoba, due to a labelling and packaging error. 

Alberta announces several changes to retail cannabis regulations through Red Tape Reduction

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Alberta has announced several changes to their retail cannabis regulations that will come into force on January 31, 2024, including allowing cannabis retailers to operate…

Health Canada detects four new synthetic cannabinoids in Canada

Health Canada’s Drug Analysis Service (DAS) identified 29 new psychoactive substances in 2022, including four cannabinoids.

OCS continues to grow, with nearly $1.5 billion in wholesale sales in 2022-23

The Ontario Cannabis Store helped facilitate $1.43 billion in wholesale cannabis sales through the distribution of 315,000 kilograms of cannabis products across a network of…

Ontario township has spent more than $800,000 fighting legal cannabis producers

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An Ontario township has spent close to a million dollars trying to fight legal cannabis, says Mayor Randy Greenlaw.

Health Canada approves a novel EEG-driven research model to study non-therapeutic effects of cannabis

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This week at StratCann, we looked at the changing landscape of Canadian cannabis events and how some producers are distinguishing themselves with low-THC products. We…

North Okanagan micro takes holistic approach to cannabis

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Located in BC’s North Okanagan, Living Cannabis takes a high-tech, low-impact approach to its small-batch cannabis grown in living soil.

Calgary Police: 12 cannabis store robberies in past month

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Calgary Police are asking the public for help in identifying multiple suspects believed to be connected to a series of violent armed robberies at several…

BZAM enters into agreement to acquire Final Bell’s Canadian operation

BZAM announced today it has entered into a definitive share exchange agreement to acquire Final Bell Canada Inc. a hardware, packaging and brand development company…

Total unpackaged cannabis inventory, production space continue to decline

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The amount of unpackaged inventory cannabis producers are sitting on has continued to decline from a peak in late 2022, while approved indoor grow space…

BC Supreme Court puts pause on province’s efforts to seize $12 million in properties connected to illegal cannabis, psilocybin dispensaries

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BC’s Director of Civil Forfeiture wants to seize a number of properties, a vehicle, and money they say are connected to a group illegally selling…

FAAFO Cannabis says micro is the way to go

Paul Pruessmann and Vincent Lanci recently launched FAAFO Cannabis, a micro cultivator located in Port Coquitlam, British Columbia, after purchasing the facility from another grower…

Ontario to allow retailers to own up to 150 cannabis stores, proposing to ban cannabis cultivation in home-based child care facilities

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New legislation in Ontario will, if passed, double the number of cannabis stores a retailer can operate from 75 to 150 and will ban the…

BZAM brought in $1.6 million in gross profit in Q3 2023

BZAM Ltd. reported its third-quarter financial results for 2023 posting $21 million in revenue, with $1.6 million in direct gross profit. 

OCS announces first round of Social Impact Fund partnerships

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This week at StratCann, we looked at the changing landscape of Canadian cannabis events and how some producers are distinguishing themselves with low-THC products. We…

Cronos enters into deal to sell, leaseback Peace Naturals Campus

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Cronos Group Inc. says it has entered into an agreement to sell and lease back its Stayner, Ontario facility known as the “Peace Naturals Campus.”

CBSA seize second shipment of Canadian cannabis heading to Caribbean

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Canada Border Services Agents in Nova Scotia have again seized a large quantity of suspected cannabis on its way to the Caribbean in October.

Cannabis sales declined in September

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Retail cannabis sales in Canada declined 4.9% in September, from a high of $589 million to $560 million, although sales continue to increase annually.

Cannabis company working to preserve Lasqueti Island’s unique cannabis culture

A micro cultivator and processor is working to keep the cannabis culture alive on BC’s Lasqueti Island.

New study suggests cannabis users may have greater “emotional comprehension”

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A study published in the Journal of Neuroscience earlier this month found that cannabis users have greater emotional comprehension, a form of cognitive empathy.

PEI sold nearly $23 million worth of cannabis in 2022-23

PEI sold nearly $23 million worth of cannabis, the equivalent of 4,094 kg, in the 2022-23 fiscal year period from April 1, 2022, to March…

Toronto city councillor asking Ontario where additional promised cannabis tax revenue went

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A Toronto city councillor wants to know why Ontario has not shared the additional promised tax revenue from cannabis sales with the city.

SQDC sold more than $150 million worth of cannabis this summer

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Quebec brought in $61.4 million from cannabis sales and taxes in the second quarter of this year from $151.7 million in sales.

Health Canada collected $60 million in cannabis fees in past year

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This week at StratCann, we looked at the changing landscape of Canadian cannabis events and how some producers are distinguishing themselves with low-THC products. We…

Strike at dozens of SQDC stores now coming to an end

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A strike that had impacted dozens of cannabis stores in Quebec for more than a year is coming to an end. 

Canopy Growth operating at less of a loss than a year ago

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Canopy Growth brought in $39 million from its Canadian cannabis businesses in the past three months, down from $52 million in the same quarter in…

Strike at SQDC locations could be ending soon

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A strike that has been affecting 24 SQDC cannabis retail outlets across Quebec could be ending soon, says the union behind the action. 

Aurora Cannabis’ growth buoyed by increased medical exports, cut flower business

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Aurora Cannabis is seeing an increase in sales of cannabis for medical purposes, buoyed by export markets, as well as a decline in sales in…

Nova Cannabis sees increasing revenue from data licensing, private label partnerships

Nova Cannabis Inc., a retail chain with 92 locations in three provinces, says it’s beginning to see consistent green on its spreadsheet through market stabilization,…

Global tobacco giant ups investment in Canadian cannabis producer Organigram

British American Tobacco (BAT) announced today that it will invest nearly $125 million into New Brunswick’s Organigram and more than doubling its equity position in…

Cannabis sales continue to grow across Canada

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Cannabis sales continue to climb in Canada, with more than $460 million sold by the 3,600+ cannabis retailers nationwide. 

University of Alberta researchers exploring cannabis use for relief of menopause discomfort

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A study released earlier this year by researchers from the University of Alberta examined cannabis use for relief from discomfort associated with menopause. 

Canadian producers still sitting on more than 1 million kg of dried cannabis

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Cannabis producers in Canada are sitting on more than one million kilograms of unsold cannabis, a number that has remained relatively stable since September 2020.

Data presented by Health Canada indicate cannabis exports may continue growing

Health Canada expects cannabis exports to continue to increase significantly, with more than a thousand applications already submitted as of September 12, 2023.

Cannabis sales continue to increase in Nova Scotia

Nova Scotia saw an 8.7 percent increase in cannabis sales in its second quarter of 2023, to $31.4 million.

Health Canada announces changes to sale authorization of cannabis products to processing licences

Health Canada announced changes to the process of adding sale authorization of cannabis products to processing licences.

Five years into legalization, cannabis industry reaches saturation point as legal weed takes more than 70% market share

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Five years into legalizing cannabis in Canada, the industry appears to be beginning to reach a saturation point.

The long road to crafting the perfect crop, with Alberta’s Wildwood Weed

Licensed in late 2022, Alberta’s Wildwood Weed is finally ready to bring its first crop to market, launching in Saskatchewan in November. 

Canada releases What We Heard Report on the Cannabis Act review

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Health Canada has released their What We Heard Report on the ongoing legislative review of the Cannabis Act.

Growing Relationships – Manitoba Agenda

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Event details for our Growing Relationships Manitoba attendees.

Cannabis farm leads Kitchener RCMP to large drug bust, six arrests

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The RCMP in Kitchener, Ontario say the discovery of thousands of cannabis plants led to the seizure of several other controlled substances and guns, and…

Emblem recalls CBD vape pen for inaccurately labelled CBD

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The recall is for one lot of Emblem Cannabis’ Divvy Nebula II CBD 510 Vape Cartridge, sold through authorized retailers in Ontario and Manitoba.

CertiCraft

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Launched in 2020, CertiCraft is a seed-to-sale solution for licensed cannabis producers who want to streamline operations and save hours on monthly reporting. 

Unlicensed cannabis store in Saint John raided, one arrested

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Officers with New Brunswick’s Department of Justice and Public Safety seized contraband cannabis and various illegal products from a storefront in Saint John on September…

BC’s Life Cycle Botanics on what it means to be a full-service cannabis nursery

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Utilizing a big picture, “holistic” approach to genetic selection and supply, Life Cycle launched in October 2021 and has quickly established itself as one of…
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