A union representing budtenders in BC has added two new stores to their membership in recent weeks.
The inclusion of some small changes to how Canadian cannabis companies operate and pay their taxes as part of a recent bill tabled in Parliament is a lifeline, but it might not be enough, say some in the industry.
Insurance is a complex topic in the cannabis space. The industry is adjusting to the new landscape, and brokering still isn’t functioning with the rationale and stability seen in other markets.
Two Vancouver Island cannabis growers say they were recently told they were losing their access to a local credit union in British Columbia, although the savings institution denies any official policy shift.
Despite the popular narrative that government regulations make it almost impossible for licensed providers (LPs) to brand their products, many LPs are finding creative and innovative ways to get their story out, which suggests the doom and gloom has been overblown.
Canopy announced today an agreement to buy Supreme Cannabis for $435 million in stock and cash. The deal gives Canopy control of the successful 7ACRES brand and control of what Canopy says will be 13.6% of the Canadian non-medical cannabis market.