Category Archives: British Columbia

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 […]

British Columbia Issues First License for Private Retail

THE CANADIAN PRESS – A pot shop in Kimberley, BC, has received the province’s first private license to sell recreational cannabis, two weeks after legalization. Effective November 1, Tamarack Cannabis Boutique is newly permitted to sell non-medical marijuana but is currently closed as the store awaits the receipt of government licensed products. The retailer’s website […]

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 […]

Oregon marijuana firm Cura expands into Canada, eyes overseas growth

Cura Cannabis Solutions – one of the biggest cannabis companies in the United States by revenue – is expanding into the Canadian market through a partnership and supply deal with one of Canada’s top licensed producers, Cronos Group. Cura Select Canada, the Portland, Oregon-based company’s Canadian affiliate, plans to build a production hub in British […]