Category Archives: Alberta

From Crude to Cannabis: Legalization Could be a Boon to Alberta’s Economy

It’s probably fair to say that Alberta hasn’t enjoyed the most auspicious of economic times over recent years. In fact the province has only just dragged itself out of one of the worst recessions in recent history, a chapter that left tens of thousands of people out of a job. Driven by the collapse in […]

Cannabis shortages plague Canadian retailers; here’s how they’re responding

As the Canadian cannabis industry struggles to provide enough supply to meet exuberant demand since recreational use became legal, private retailers are faced with their own challenge: how to stay in business. Many store owners in Alberta, Manitoba and Newfoundland have closed their doors as they await marijuana shipments, while others are considering different courses […]

Ontario Cannabis Store sticks to ‘Plan A’ despite lengthy delays

A contingency plan developed by the Ontario Cannabis Store (OCS) to cope with a rotating strike by its exclusive shipper has not been put into action, leading to lengthy shipping delays and thousands of customer complaints. The OCS previously said its contingency plan was “ready in the event orders cannot be fulfilled due to the […]

Investment bank: Canada’s cannabis sales much lower than expected

Just two weeks after Canada legalized cannabis, a leading investment bank is warning investors it is “increasingly clear” recreational marijuana sales this year will come in much lower than expected. GMP Securities, an independent investment bank that services the cannabis sector, said the first 12 days of the legal market were marred by operational and […]

Lack of ‘meaningful’ consultation hinders First Nations’ participation in Canada’s cannabis industry

Businesses with identified First Nations affiliations make up only 5% of Canada’s licensed cannabis producers, a fact that indigenous leaders blame on the federal government’s failure to adequately consult with communities over the legalization of marijuana. Six of Canada’s 115 licensed producers have affiliations – including financial or other partnerships – with First Nations communities […]