New Zealand released recreational marijuana legislation that is set to be voted on in a nationwide referendum in September. Local business leaders are calling the proposed legislation - the Cannabis Legalization and Control Bill - “world-leading” for provisions that...
One of the world’s top cannabis companies is changing gears. After years of striking deals in unproven markets around the world, the new CEO of Smiths Falls, Ontario-based Canopy Growth is refocusing the company. “For a long time Canopy has prioritized doing things...
Canadian cannabis retailer Fire & Flower has implemented a restructuring plan that will see three stores in Alberta closed, a sign the province’s retail market is reaching a point of saturation.
Ontario has roughly 4% of the legal cannabis points of sale it needs to put it on par with markets that are successfully extinguishing illicit channels. And Quebec is not doing much better, according to a researcher. A shortage of points of sale for adult-use cannabis...
Saskatchewan’s Liquor and Gaming Authority (SLGA) is accepting cannabis retail store permit applications for communities with fewer than 2,500 people. The province - with a population of 1.1 million - has 43 stores so far. At this time, the...
One of Canada’s largest banks trimmed almost a billion dollars off its 2020 forecast for adult-use cannabis sales, mostly because of issues arising from a slow rollout of regulated stores in key provincial markets as well as locations shuttered because of the COVID-19...
Australia has published a framework for new CBD regulations as it considers relaxing its narcotics scheduling of cannabidiol to make it available over the counter in limited doses.
A new federal program to lower rent by 75% for small businesses impacted by COVID-19 might not be helpful for some cannabis retail entrepreneurs, the Canadian Chamber of Commerce warned today. The program provides forgivable loans to cover 50%...
Canadian cannabis producer Sundial Growers is recalling one lot of cannabis sold by retailers in British Columbia, Alberta and Manitoba for incorrect labeling. The recalled products - identified as Top Leaf Strawberry Cream dried cannabis pre-rolls - were sold from...
Ontario’s cannabis wholesaler is working with some producers to launch on-site stores at their facilities after the COVID-19 pandemic eases, and guidelines are in the works to apply to craft marijuana businesses.
Ontario’s cannabis regulator will resume issuing new store authorizations for stores that are complete, meet all regulatory requirements and do not violate any of the province’s emergency order restrictions, according to a revised notice.
The Danish Medicines Agency is set to gradually resume on-site inspections and laboratory controls, including for medical cannabis producers, the regulator said in a statement to Marijuana Business Daily. “Due to the gradual reopening of the community, the Danish...
