Week in Weed – July 13, 2024

| Staff

Our biggest story last week was the release of a preliminary report from Israel on allegations of product dumping by Canadian cannabis companies. 

In Ontario, the OCS shortened payment processing timelines for flow-through products, and a fire at JC Green is estimated to have caused several million dollars in damage.

We spoke with Calgary retailer Chinook Cannabis about their mobile cannabis lounge, The Garden, which was in its third year at the Badlands Music Festival in Calgary before making its way to the Great Outdoors Comedy Festival in Edmonton from July 12-14, in partnership with Plantlife Cannabis.  

We also spoke with micro processors who say they are excited by a proposed increase in how much cannabis they can process, and we took a look at the recent increase in the volume of medical cannabis products supplied in New Zealand.

In other cannabis news

Burlington’s first legal cannabis store, Relm Cannabis, reopened in April after a nearly four-month closure due to a burst pipe

The co-founder of WeedMD (now Entourage Health) was ordered to pay $350,000 for disclosing confidential information about the company’s expansion plan to a friend, who then engaged in insider trading.

Nova Cannabis Inc. announced the opening of its 100th location, Value Buds Belmont, in Edmonton, Alberta. The chain has locations in Ontario, Alberta, and BC.

A new cannabis store has opened in North Vancouver.

The owner of True North Cannabis in Cambridge, Ontario, tells local media they are frustrated by the lack of enforcement against unlicensed stores. In March 2024, an OPP-led coalition of police was given $31 million over three years to crack down on these unregulated stores. 

Tilray released the results of a study showing the effectiveness of medical cannabis for people over 50.

Active Canadian hemp licenses declined for the third year in a row from a peak in 2020, reports MJBiz.

In addition to our coverage above, local media spoke with Plantlife Cannabis about their licence to sell cannabis at a festival, one of the first of its kind in Canada.

A neuroimaging study shows differences in brain activity between cannabis users and non-users during cognitive tasks that involve switching behaviour based on changing task requirements. Cannabis users exhibited weaker neural responses during these switches compared to nonusers, although both groups performed equally well on the tasks. 

Ohio-based Cannabix Technologies Inc., with locations in Ontario and BC, reports that early testing by Omega Laboratories Inc. has established a delta-9 THC calibration curve for the purpose of quantification. This is using Omega’s preexisting and well-established extraction and detection processes for a cannabis breathalyzer. 

A man has been charged with the armed robbery of a CannabisNB on June 17. He’s accused of stealing more than $5,000 worth of money and product from a Cannabis NB location in Riverview on two occasions.

US and Canadian law enforcement officials seized 123 kg of cannabis in Montreal.

Red Deer RCMP recovered $19,000 worth of cannabis stolen from a local store, and 

a man from Moncton, New Brunswick, has received a $3,250 fine for selling cannabis without a licence after recently entering a guilty plea.

International cannabis news 

Australia’s Therapeutic Goods Administration (TGA) issued three infringement notices totalling $56,340 to News Life Media Pty Ltd for alleged unlawful advertising of medicinal cannabis on their lifestyle website Body+Soul.

Cannabis advocates in Thailand protested a proposal to ban the general use of cannabis.

Finally, coverage of the challenges of Germany’s legalization effort continues, but the country’s first “social club” has been approved.