It was a busy week in Canadian cannabis news. StratCann looked at how a new government could mean significant delays for cannabis industry demands. New Brunswick and British Columbia released their quarterly cannabis wholesale figures, and we looked at CCX’s newest annual cannabis wholesale report.
New Brunswick also released an RFQ for four new private retail stores.
A Canadian CEO is suing US agencies over harassment at the border for his and his company’s connections to the cannabis industry.
In financial news, High Tide and Nextleaf both released their 2024 annual reports, and Cannara Biotech shared their Q1 2025 financials.
A court rejected the CRA’s concerns involving Delta 9’s creditor protection case, allowing the Winnipeg company to move forward with several deals. Simply Solventless also announced $5 million in convertible debenture financing for their Delta 9 deal, and True North and its associated companies filed for creditor protection.
In law enforcement news, the RCMP charged a BC man in connection to a $47 million money laundering scheme involving illegal online cannabis sales, and the BC CSU raided two of Dana Larsen’s cannabis stores, seizing products.
Finally, two Ontario men were arrested in two different cannabis store break-ins in one day in North Bay.
In other Canadian cannabis news
Radio Canada spoke with Christian Leclerc, who has been growing hemp on his JCL Abitibi farm for two years.
The AGLC says reducing listing fees for cannabis helped the industry save an estimated $4 million.
Christina Lake Cannabis provided an update on their 2024 harvest. The total from the Christina Lake and new Midway site yielded approximately 105,000 kilograms of combined weight in extraction grade biomass and flower, up from 38,000 kg of biomass and flower harvested in 2023.
Cannabis company The Good Shroom Co Inc. announced a corporate name change to Mercanto Holdings Inc.
The town of Salisbury, New Brunswick will be considering a proposed by-law to allow a micro-cultivation facility.
Greenway announced that two of its new MillRite SKUs will be available for purchase in Ontario in the coming weeks.
UFCW is hiring General Organizers for its Cannabis Program. The United Food and Commercial Workers International Union (UFCW) is a labour union that represents 1.2 million people in the US and Canada.
Highlighting the diversity of opinion about cannabis in First Nations communities, a cannabis rights group, a Nova Scotia Mi’kmaw rights group, the Micmac Rights Association, is pushing back against what they say is the Membertou First Nation in Nova Scotia’s efforts to ban cannabis sales in their community, reports The Cape Breton Post and Saltwire.
New research suggests that cannabis use is associated with short- and long-term brain function outcomes, especially during…wait, what was it? Oh right, working memory tasks. Recent cannabis use was associated with poorer performance and lower brain activation in the working memory and motor tasks, but the associations between recent use and brain activation did not survive false discovery rate correction.
A new study looks at the development and validation of a minimal SNP genotyping panel for the differentiation of Cannabis sativa cultivars. Fresh leaf material from 31 clonally propagated C. sativa cultivars was provided by Organigram Inc.
The Tyee reports that BC’s raids on Dana Larsen’s unlicensed medical cannabis stores threaten his drug-testing services.
TerrAscend, which operates in the US and Canada, announced its preliminary and unaudited financial results for the quarter ended December 31, 2024.
The Saskatchewan RCMP’s Roving Traffic Unit recovered about nine kilograms of cannabis and an undisclosed amount of money near Ponteix on January 22.
International cannabis news
Israeli cannabis company Canndoc has returned to the market, and has acquired the Canadian brands PurplePharm and All Nations for distribution in Israel. Canndoc will also continue its long-term agreement with the Canadian company Organigram.
Prices of cannabis dispensed in pharmacies in Uruguay have been updated for February 2025. A five-gram package goes from $450 to $600, or around $14-20 Canadian dollars.
Cannabis companies in Illinois are facing a class action lawsuit for allegedly labelling cannabis-infused products as concentrates in order to exceed the state’s THC limits.
Scientists have discovered cannabidiol, or CBD, in a common Brazilian plant, opening potential new avenues to produce the increasingly popular substance.
Researchers in the Netherlands found that a high-fat meal significantly impacts the bioavailability and biphasic absorption of cannabidiol (CBD) from a CBD-rich extract in men and women.
A New York Times review of 20 of the largest US cannabis brands found that most were selling products with unsupported health claims, potentially violating federal and state regulations. At the same time, the market continues to chase increasingly higher-potency products, concerning public health officials.
There are 130 cultivation clubs in Germany now allowed to grow cannabis, according to a recent survey, but hundreds of applications are still pending, reports the RedaktionsNetzwerk Deutschland.
And finally, Scotts Miracle-Gro Co. plans to spin off its cannabis unit, Hawthorne Gardening Co., into a stand-alone operation.
