Guidelines for Canada’s cannabis edibles tight, but also vague

RANDY SHORE June 18, 2019 Legal edible cannabis products coming to retail stores later this year may not be recognizable to consumers who have enjoyed brightly packaged high-potency products from the grey market. Ottawa’s approach to legalization is decidedly not the disco reggae dance party that legalization activists envisioned when Continue Reading

Cannabis sales could hit $15 billion globally this year

By Alicia Wallace, CNN Business June 20, 2019 San Francisco (CNN Business)Fueled in part by CBD product sales and Canada’s recent legalization of marijuana, the world’s cannabis market could notch $15 billion this year.Industry insiders are forecasting that global cannabis sales could total $14.9 billion in 2019, up 36% from 2018, according to a new Continue Reading

Cannabis taxes brought in $186 million in five and a half months

By Patrick Cain National Online Journalist, News – Jun 19, 2019 Ottawa and the provinces made $186 million from various taxes on cannabis from last October through the end of March, numbers released Wednesday show. The provinces took the lion’s share of that money, with $132 million in combined sales tax and excise tax revenue; Continue Reading

Retailers struggle to keep popular cannabis extract CBD on shelves in Canada

Laura Kane, The Canadian Press Published Monday, May 6, 2019] VANCOUVER — Retailers across Canada are struggling with a shortage of all cannabis, but there’s one product they’re especially desperate to keep on shelves: cannabidiol or CBD, a non-intoxicating extract vaunted for its purported health benefits. The extract, most commonly sold Continue Reading