Cannabis News Box

Tilray and Cronos report decline in per-gram weed prices

Tilray and Cronos report decline in per-gram weed prices

Bethan Rose Jenkins, Cannabis News Writer/Editorial

December 2, 2019

Two of Canada’s leading companies have reported a reduction in the per-gram price of cannabis in Canada’s legal market. Tilray, Inc. and Cronos Group released financial results for the third quarter on Tuesday, November 12.  Although both companies welcomed fair financial results, they each rep...

Canada’s cannabis industry contributed $8.26 billion to country’s GDP as of July

Canada’s cannabis industry contributed $8.26 billion to country’s GDP as of July

October 17, 2019

This month, Statistics Canada released information detailing the economic influence that legalization has had on Canada’s economy. By July 2019, a whopping $8.26 billion was contributed to the country's gross domestic product (GDP) from legal cannabis sales. This is a noticeable increase from the $...

Cannabis is legal in Canada, but supply is dry

Cannabis is legal in Canada, but supply is dry

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 17, 2018

Canada is short on cannabis, despite the fact that legalization is officially due to roll out on today. Based on a recent report released by the C.D. Howe Institute, the Great White North's supply of bud will meet a mere 30-60 percent of total consumer demand once recreational sales kick off. Industry ana...

Canada’s legal cannabis industry is not without risk

Canada’s legal cannabis industry is not without risk

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 29, 2018

Since Canada’s Senate approved amendments to Bill C-45 (the Cannabis Act) on June 19, the legal cannabis industry has gone full steam ahead. As the world’s first industrialized country to legalize cannabis fully, Canada is under a lot of pressure to prove that cannabis reform is worthwhile. Consumer...

Looming cannabis legalization brings jobs to Canada

Looming cannabis legalization brings jobs to Canada

b, Cannabis News Writer/Editorial

June 16, 2018

Cannabis companies are preparing for Canada's legal cannabis market to go into effect, as they seek out employees to fill a broad scope of cannabis jobs. All kinds of job positions are being filled, from sales and marketing to cultivation. Alison McMahon operates Cannabis At Work and she says that the wor...

canadas cannabis industry