Ontario chooses Shopify to run online cannabis sales

Ottawa-based company's technology will also be used in stores. Shopify CEO Tobias Lutke, center wearing hat, is celebrated as he rings the New York Stock Exchange opening bell marking the Canadian company's IPO in 2015. Shopify's software will be used in online and in-person sales of cannabis in Ontario once cannabis is legalized, which is expected late this year. (Richard Drew/Associated Press) The Ontario government has inked a deal to use Shopify Inc.'s e-commerce platform for cannabis sales online and in stores as part of its plan to be the province's sole distributor of legal recreational marijuana. The Ontario Cannabis Retail Corporation (OCRC), a subsidiary of the Liquor Control Board of Ontario, will use the Ottawa-based company's [...]

By | 2018-02-12T09:05:55+00:00 February 12th, 2018|Blog, News|Comments Off on Ontario chooses Shopify to run online cannabis sales

Legalized marijuana on track for July but retail sales may take longer: Liberals

Health Minister Ginette Petitpas Taylor told senators once Bill C-45 is given royal assent, the provinces will need another eight to 12 weeks to prepare for sales The Canadian Press Joan Bryden February 6, 2018 4:41 PM EST Last Updated February 7, 2018 12:31 AM EST OTTAWA — The Trudeau government insists it’s on track to legalize recreational pot in July — but whether that means it will actually be on sale by then is uncertain. Health Minister Ginette Petitpas Taylor told senators Tuesday that provinces and territories have indicated once Bill C-45, the legislation setting up a legal cannabis regime, is given royal assent, they’ll need another eight to 12 weeks to prepare for [...]

By | 2018-02-07T14:15:16+00:00 February 7th, 2018|Blog, News|Comments Off on Legalized marijuana on track for July but retail sales may take longer: Liberals

Senate to have special hearing on marijuana legalization

Rachel Aiello, Ottawa News Bureau Online Producer @rachaiello Published Monday, February 5, 2018 10:49AM EST  OTTAWA – The Senate is holding a special televised hearing to question the government's lead team on the marijuana bill as the countdown to legalization hits the five-month mark. On Tuesday, the Senate will meet in a committee of the whole, to question the slate of Liberal ministers responsible for the major policy change proposed in Bill C-45. Justice Minister Jody Wilson-Raybould, Health Minister Ginette Petitpas Taylor, Public Safety Minister Ralph Goodale, and justice and health parliamentary secretary Bill Blair will appear and take questions from Senators. The federal marijuana legalization legislation would allow adults in Canada to possess and use [...]

By | 2018-02-05T14:07:30+00:00 February 5th, 2018|Blog, News|Comments Off on Senate to have special hearing on marijuana legalization

Liquor Stores plan for Alberta retail pot outlets boosted by Aurora Cannabis investment

By Staff The Canadian Press Aurora Cannabis Inc. has signed a deal to buy a minority stake in Edmonton-based Liquor Stores N.A. Ltd., which plans to launch a brand of cannabis retail stores. Under the deal, Alberta-based Aurora will acquire a 19.9 per cent stake in the company for $103.5 million through a non-brokered private placement. It will also have an ability to increase its interest in Liquor Stores up to 40 per cent with an additional investment. Liquor Stores plans to use the money to establish and launch a brand of cannabis retail outlets. The retailer says it will convert some of its existing stores into cannabis outlets and establish new locations. Liquor Stores will [...]

By | 2018-02-05T13:59:12+00:00 February 5th, 2018|Blog, News|Comments Off on Liquor Stores plan for Alberta retail pot outlets boosted by Aurora Cannabis investment

Cannabis to be sold at 9 Nova Scotia Liquor Corporation stores across province

Keith Doucette, The Canadian Press Published Tuesday, January 30, 2018 10:11AM EST  Last Updated Tuesday, January 30, 2018 5:09PM EST HALIFAX -- Cannabis will be sold at only nine Nova Scotia Liquor Corporation stores when the drug is officially legalized in July, the province announced Tuesday. Pot will be sold at four outlets in the Halifax area and at stores in Amherst, Truro, New Glasgow, Sydney River, and Yarmouth, Justice Minister Mark Furey said. The province's plan leaves out two significant regions altogether -- the South Shore and Annapolis Valley. Furey said while he realizes there are "gaps in the map," the liquor corporation will offer online sales with home delivery and the public will [...]

By | 2018-01-31T14:17:01+00:00 January 31st, 2018|Blog, News|Comments Off on Cannabis to be sold at 9 Nova Scotia Liquor Corporation stores across province

Licensed marijuana producer Aphria Inc. signs deal to buy Nuuvera Inc.

The Canadian Press Published Monday, January 29, 2018 9:44AM EST  TORONTO -- Licensed marijuana producer Aphria Inc. announced an agreement Monday to buy medical cannabis firm Nuuvera Inc. in a cash-and-stock deal that it says values the company at $826 million. The deal builds on a partnership between the companies as it combines Aphria's production with Nuuvera's expertise in cannabis processing and extraction. The combination will also help grow Aphria's international footprint. "The combination of Aphria and Nuuvera creates a true global leader in medical cannabis with excellent potential for growth and value creation," Aphria chief executive Vic Neufeld said in a statement. This deal is yet another sign of consolidation, less than a week [...]

By | 2018-01-29T13:48:36+00:00 January 29th, 2018|Blog, News|Comments Off on Licensed marijuana producer Aphria Inc. signs deal to buy Nuuvera Inc.

Ontario marijuana producers hit by minimum wage hike

ARMINA LIGAYA TORONTO THE CANADIAN PRESS PUBLISHED 4 HOURS AGOUPDATED JANUARY 29, 2018 Coffee chains and restaurants aren't the only businesses under pressure from Ontario's minimum wage hike — marijuana companies say the higher provincial pay rate is driving up the cost to produce and sell cannabis products as well. Licensed medical marijuana producer Aphria Inc. has calculated that the province's 21-per-cent minimum pay jump from $11.60 to $14 per hour would add another $600,000 to its overall wage costs each year. "If this increase had been in effect in the current quarter, the company's 'all-in' cost of sales of dried cannabis per gram would have increased by approximately $0.12 per gram," the Leamington, Ont.-based [...]

By | 2018-01-29T13:41:13+00:00 January 29th, 2018|Blog, News|Comments Off on Ontario marijuana producers hit by minimum wage hike

Canadians consumed $5.4B of domestically produced cannabis in 2017: StatsCan

  Canadians consumed $5.4B of domestically produced cannabis in 2017: StatsCan Canadians spent $5.7B on cannabis last year: StatsCan Canadians spent a total of $5.7 billion on medical and recreational marijuana last year, with the majority of cannabis consumed produced domestically, according to a provisional estimate by Statistics Canada. BNN’s Andrew Bell has more. Canadians spent a total of $5.7 billion on medical and recreational marijuana last year, with the majority of cannabis consumed produced domestically, according to a provisional estimate by Statistics Canada. BNN’s Andrew Bell has more. OTTAWA -- Not only do Canadians have a knack for growing pot, they're also adept at sneaking it across the border, suggests a new report by [...]

By | 2018-01-26T14:01:42+00:00 January 26th, 2018|Blog, News|Comments Off on Canadians consumed $5.4B of domestically produced cannabis in 2017: StatsCan

Feds invest $1.4 million in cannabis research projects as part of legalization push

   Feds invest $1.4 million in cannabis research projects as part of legalization push Chris Fox, CTV News Toronto Published Wednesday, January 24, 2018 12:36PM EST  Last Updated Wednesday, January 24, 2018 6:53PM EST The federal government has announced a $1.4 million investment in cannabis research as the July 1 deadline to legalize the drug inches closer. Member of Parliament Bill Blair made the announcement at the Centre for Addiction and Mental Health on Wednesday, where some of the research is taking place. Blair said that the money will support 14 research projects across the country that he said will be carried out over the next year. He said that some of the work [...]

By | 2018-01-25T15:00:36+00:00 January 25th, 2018|Blog, News|Comments Off on Feds invest $1.4 million in cannabis research projects as part of legalization push

Legal cannabis shops could boost nearby property values: experts, study

The Canadian Press Published Tuesday, January 23, 2018 3:28PM EST  Last Updated Tuesday, January 23, 2018 4:08PM EST While same Canadian landlords are looking to ban marijuana use in their rental units and several municipalities don't want legal cannabis stores in their neighbourhoods, a U.S. study suggests that pot could lift property values. Property prices for homes in Colorado close to shops that converted to recreational marijuana from medical marijuana in 2014 saw a roughly eight per cent boost, the study by professors based in Wisconsin, Georgia, and California found. Experts say it's too early to tell if Canadian homeowners can expect a similar effect, but note that retail locations could benefit neighbourhoods by driving [...]

By | 2018-01-24T12:33:04+00:00 January 24th, 2018|Blog, News|Comments Off on Legal cannabis shops could boost nearby property values: experts, study