A Canadian cannabis company is tapping into a flailing American industry: craft beer. The cannabis company has purchased multiple United States craft breweries, thus becoming the fifth-largest craft brewer in the U.S. as a result. According to The Wall Street Journal, Tilray Brands has purchased a total of 18 craft beer companies including SweetWater, Montauk, and Shock … [Read more...] about Foreign cannabis company buying up American brewers
Canada
Cannabis Xpress settles pay-to-play allegations in Ontario for CA$100,000
Canadian-based marijuana retailer Cannabis Xpress will pay a fine of 100,000 Canadian dollars (roughly $71,421) to Ontario regulators for violating the province’s anti-inducement law. The Alcohol and Gaming Commission of Ontario (AGCO) initially fined Cannabis Xpress CA$200,000 in April for masking a banned “pay-to-play scheme” involving at least 61 licensed producers (LPs) as … [Read more...] about Cannabis Xpress settles pay-to-play allegations in Ontario for CA$100,000
Village Farms International and Hemp for Victory File Joint Motion to Disqualify DEA from Oversight of Proposed Marijuana Rescheduling Process
ORLANDO, Fla. and VANCOUVER, British Columbia, (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) and Hemp for Victory (collectively, “The Parties”), today announced that they have filed a joint motion which seeks the immediate disqualification and removal of the Drug Enforcement Administration (“DEA” or the “Agency”) from … [Read more...] about Village Farms International and Hemp for Victory File Joint Motion to Disqualify DEA from Oversight of Proposed Marijuana Rescheduling Process
Weed Delivery: Navigating the Toronto Cannabis Scene
As cannabis legalisation becomes more widespread, the convenience of weed delivery is transforming how enthusiasts across Canada access their favourite products. With various options available, from same-day delivery by local dispensaries to mail-order services nationwide, customers can explore a plethora of strains, edibles, and more without leaving their homes. The … [Read more...] about Weed Delivery: Navigating the Toronto Cannabis Scene
Cannabis Sales In Canada Decline Sharply: What’s Behind The Drop?
The Canadian cannabis market, once a beacon of growth, is facing turbulent times as recent data reveals a sharp decline in sales. As New Cannabis Ventures reported, Statistics Canada’s June retail sales figures show a 2.8% drop from May, with total sales falling to C$402.0 million. This marks an 8.2% decrease from the same period last year, a stark contrast to the double-digit … [Read more...] about Cannabis Sales In Canada Decline Sharply: What’s Behind The Drop?
Research finds increase in emergency room visits linked to cannabis poisoning among older adults
Older marijuana users are ending up in emergency rooms at higher rates since legal cannabis products — and in particular, edible cannabis products, like gummies — have become more broadly available, according to new research out of Canada. The findings, published May 20 in JAMA Internal Medicine, align with trends in the U.S., where edible cannabis is also behind an increasing … [Read more...] about Research finds increase in emergency room visits linked to cannabis poisoning among older adults
Survey: 69% of Canadian cannabis consumers ‘always’ buy legal products
Canada’s federally regulated marijuana industry captured more illicit-market share than ever in 2023, the government’s annual Canadian Cannabis Survey suggests. Illicit-market capture is a crucial metric for legal cannabis businesses as it represents their actual total addressable market (TAM), or the revenue opportunity available for businesses operating on the legal side of … [Read more...] about Survey: 69% of Canadian cannabis consumers ‘always’ buy legal products
Wasted Weed: Canada’s Disposal of 3.7 Million Pounds of Cannabis Since 2018
In 2022 and the first half of 2023, Canada went through a whopping 611.7 million grams (yeah, that’s 1.3 million pounds) of cannabis dried bud, but not in a fun way. All of the marijuana in question was tossed out by licensed producers as the result of a disparity between how much is grown and how much people use. They chucked out nearly 44% more than the 425.3 million grams … [Read more...] about Wasted Weed: Canada’s Disposal of 3.7 Million Pounds of Cannabis Since 2018
Despite Widespread Legalization, Fewer Young People Find it ‘Easy’ To Get Pot
The number of legal cannabis retailers has exploded in North America the last decade, but that hasn’t resulted in easier access for kids. That is the takeaway from newly published survey data that examined perceptions of cannabis among youth in Canada. “Very little research has examined how perceptions of cannabis access among underage youth in Canada have changed since … [Read more...] about Despite Widespread Legalization, Fewer Young People Find it ‘Easy’ To Get Pot
Petition Calls For Canadian Regulators To Allow More Potent Edibles
Canadian cannabis advocates are calling on the federal government to relax strict limits on the potency of cannabis edibles with a petition seeking a tenfold increase in maximum permitted THC levels. Canada legalized cannabis through an act of Parliament in 2018, and retail sales of cannabis extracts and edibles were authorized for licensed operators one year later. … [Read more...] about Petition Calls For Canadian Regulators To Allow More Potent Edibles
