Canada’s cannabis producers say they’re in crisis. Here’s what they want to happen

Canada’s cannabis producers say they’re in crisis.  Here’s what they want to happen

On the fourth anniversary of legalization, Canada’s cannabis producers are proclaiming a state of emergency and calling on the federal government for relief before, they say, many of their businesses are forced to go under. At an Ottawa press conference Monday, members of the Cannabis Council of Canada — headlined by CEO and former Ontario … Read more

Cannabis firm refuses federal judge’s ruling because its business isn’t legal under federal law

Cannabis firm refuses federal judge’s ruling because its business isn’t legal under federal law

CHICAGO – Sued for nearly $1 million in back rent, a national cannabis chain says a federal judge can’t order it to pay up because its business isn’t even allowed to operate under federal law. The rental contract for a Fulton Market storefront therefore “cannot be enforced in [federal] short,” argues MedMen, a California-based company. … Read more

Elias Theodorou, Canadian UFC fighter and cannabis advocate, dies at 34

Elias Theodorou, Canadian UFC fighter and cannabis advocate, dies at 34

Elias Theodorou, a charismatic mixed martial artist who successfully campaigned for the right to use medical marijuana as an athlete, has died. He was 34. His publicist, Jess Moran, confirmed the former UFC fighter died Sunday in Toronto of liver cancer. Theodorou, from Mississauga, Ontario, was an athlete, actor, model, stuntman, dancer, TV pitchman, Harlequin … Read more

Accidental cannabis poisoning is on the rise among Canadian kids. What can be done? – National

Accidental cannabis poisoning is on the rise among Canadian kids.  What can be done?  – National

With some Canadian provinces seeing an increase in accidental cannabis poisoning among children, experts are stressing the need to make edibles look less appealing to kids. A recent study published by the New England Journal of Medicine on Aug. 25 found that there has been a 6.3-fold increase in hospitalizations for unintentional cannabis poisoning among … Read more

CRA checks, home price declines and the best-case scenario for stocks: The business and investing stories you need to know about this week

CRA checks, home price declines and the best-case scenario for stocks: The business and investing stories you need to know about this week

A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. The Canada Revenue Agency says it will be sending e-notifications about uncashed checks to 25,000 Canadians this month.THE CANADIAN PRESS/Adrian WyldAdrian Wyld/The Canadian Press Getting caught up on a week that got away? Here’s your weekly digest of the Globe’s … Read more

Why some Canadian cities are crammed with cannabis shops – and others are barren

Why some Canadian cities are crammed with cannabis shops – and others are barren

Raju Saini at Piffingtons, a cannabis retail store he owns in Milton, Ont., on Aug. 3.Tijana Martin/The Globe and Mail More than three years after recreational cannabis was legalized in Canada, nearly 100 municipalities across Ontario, Manitoba and British Columbia still outlaw pot shops – and many are unwilling to loosen restrictions. The result is … Read more

Nova Scotia gunman used ‘suspicious means’ to get cash, inquiry finds

Nova Scotia gunman used ‘suspicious means’ to get cash, inquiry finds

Commission counsel Ronke Akinyemi delivers a foundational document related to Gabriel Wortman’s financial misdealings at the Mass Casualty Commission inquiry into the mass murders in rural Nova Scotia on April 18/19, 2020, in Halifax on July 19.Andrew Vaughan/The Canadian Press It remains a troubling question that will linger long after the public inquiry into the … Read more

Why cannabis prices are plunging – unlike just about everything else

Why cannabis prices are plunging – unlike just about everything else

Kyle Yong speaks with customers at Bonnefire, a cannabis store on Queen Street West, in Toronto, March 26.Ian Willms/The New York Times News Service As Canadians deal with the highest inflation in decades and broadening price hikes, one industry remains locked in a lengthy trend of discounting and bargain rates: cannabis. Laden with inventory, producers … Read more

Canopy Growth laying off 250 staff in plan to cut up to $150-million in costs

Canopy Growth laying off 250 staff in plan to cut up to 0-million in costs

Cannabis producer Canopy Growth Corp. WEED-T is laying off 250 people, about a 10th of its staff, in a cost-cutting plan to save the company $100-million to $150-million within 12 to 18 months in order to reach profitability. The layoffs are not tied to a specific facility closing, but rather a reorganization of team structures, … Read more

Florida bride, caterer charged after wedding guests drugged with cannabis at reception – National

Florida bride, caterer charged after wedding guests drugged with cannabis at reception – National

A Florida bride and caterer have been arrested after they were accused of spiking a reception dinner with cannabis without their guests’ knowledge. Danya Svoboda, the 42-year-old bride, and Jocelyn Bryant, the 31-year-old owner of the catering company, were charged with delivery of marijuana, culpable negligence and tampering after many wedding guests became ill from … Read more