Canadian Medical Marijuana & Cannabis Industry News


Week in Review: Recreational marijuana sales tumble, cannabis stores open during pandemic, Harvest-Verano deal dead & more

COVID-19 causes cannabis sales to ebb, flow Only a few days after adult-use marijuana sales soared amid the coronavirus scare, they took a nosedive. MJBizDaily takeaway: The roller-coaster ride in marijuana sales was to be expected. Initially, consumers, panicked by the pandemic, stockpiled products. The sudden drop might mark a natural decline after consumers stocked up before […]

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British Columbia makes cannabis businesses ‘essential’ during COVID-19

British Columbia has designated cannabis retailers and producers as essential services, meaning regulated cannabis businesses can keep operating during the COVID-19 pandemic. “Essential services are those daily services essential to preserving life, health, public safety and basic societal functioning,” wrote B.C.’s Ministry of Public Safety and Solicitor General in a press release issued Thursday. Such […]

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Health Canada still processing new cannabis licenses during COVID-19 crisis

Health Canada says it will continue reviewing applications for new cannabis licenses and security-clearance applications during the COVID-19 pandemic, but applicants might face some delays. That news could come as some consolation to would-be Canadian cannabis businesses who are awaiting their licenses and security clearances during a time of acute economic uncertainty. Earlier this week, […]

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Canada asks regulated cannabis labs for help in COVID-19 testing

Health Canada is working to identify lab capacity across the country to assist with COVID-19 testing, and the agency has reached out to certain federal cannabis license holders for help, Marijuana Business Daily has learned. Canada is currently experiencing a COVID-19 testing backlog. In Ontario alone, 10,965 people have coronavirus test results pending. In a […]

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New Zealand cannabis scheme on schedule for April launch despite COVID-19 pandemic

The coronavirus pandemic sweeping the globe is not expected to affect the initial launch of New Zealand’s medical cannabis scheme, which is set to take effect April 1, a government official told Marijuana Business Daily. Other jurisdictions – notably Mexico – have pending cannabis industry legislation that faces near-certain delay because of measures taken to combat COVID-19. […]

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Green Organic Dutchman shelves large Quebec facility, lays off staff

The Green Organic Dutchman (TGOD) is the latest large Canadian cannabis firm to shelve one of its greenhouses and lay off staff, continuing a trend that has seen significant facility postponements and workforce reductions across the nation’s marijuana industry. TGOD temporarily laid off most employees at its facility in Valleyfield, Quebec, as it moves to centralize […]

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List of cannabis events hit by coronavirus

From South by Southwest in Austin, Texas, to Spannabis in Spain, at least 15 conferences with ties to the cannabis industry have been postponed, canceled or rescheduled amid the coronavirus pandemic. Here is a list – which will be updated – and links to some of the events impacted so far by the coronavirus: American […]

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Farm Credit Canada COVID-19 assistance available to cannabis sector – with a catch

Farm Credit Canada (FCC) said cannabis businesses hit by economic fallout from the COVID-19 pandemic are eligible to apply for short-term, government-backed credit and loan payment deferrals, a move that could provide a financial lifeline for some companies. The credit, extended in the form of a loan, would come from a 5 billion Canadian dollar ($3.5 […]

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From marijuana to hand sanitizer: Cannabis companies pivot to produce, donate essential products for coronavirus fight

(This story has been updated to include information from CannaCraft about the costs and processes associated with formulating hand sanitizer.) Many state authorities have deemed U.S. cannabis companies “essential” businesses during the coronavirus pandemic and allowed them to keep their doors open – and now some marijuana businesses are producing an essential product to help […]

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Quebec cannabis stores ruled ‘priority enterprises’; suppliers to stay open

(This story has been updated with a comment from Société québécoise du cannabis.) Quebec’s government-owned cannabis stores are “priority enterprises,” and businesses producing raw materials for the stores must maintain their activities in accordance with the directives of public health authorities. Neighboring Ontario also classified its regulated adult-use cannabis producers and retailers as “essential” this week, […]

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What Canadian cannabis firms got wrong and their path forward: Q&A with former Bacardi exec Rob McPherson

Large Canadian cannabis producers and their financial backers got a lot wrong in the lead-up to legalization. And not much has changed. Instead of focusing on consumer segmentation and proving out their businesses, they built massive facilities – “cathedrals to cannabis plants” – because that’s what investors wanted, said corporate adviser and former Bacardi Canada […]

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In letter to cannabis producers, Health Canada pledges ‘limited inspections’ amid COVID-19 crisis

Canadian cannabis license holders received new guidance from Health Canada on Tuesday, detailing the federal health department’s approach to regulating the marijuana industry during the COVID-19 crisis. Among other things, Health Canada said it will continue some licensing activity and license inspections at a modified pace, allow temporary security clearances for some staff and extend […]

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