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Ontario Cannabis Sales More Than Doubled After Stores Started to Open

Legal cannabis sales more than doubled in Ontario in April, after stores started to open, data released Friday by Statistics Canada shows. Ontario was the only province to only offer online cannabis sales until April 1, when a handful of stores opened….

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Legal cannabis sales more than doubled in Ontario in April, after stores started to open, data released Friday by Statistics Canada shows. Ontario was the only province to only offer online cannabis sales until April 1, when a handful of stores opened. Under the online system, sales ranged between $7 million and $8 million a month. With even a few stores opening, that number quickly soared, reaching $19.6 million for April. – Read the entire…

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The Challenge Of Building Credit In The Cannabis Industry

Businesses need funding to grow. Securing funding isn’t as easy as a walk down to the local bank, however. To receive a loan or a line of credit, a business must demonstrate a financial history record that portrays how trustworthy it is with money. No …

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Businesses need funding to grow. Securing funding isn’t as easy as a walk down to the local bank, however. To receive a loan or a line of credit, a business must demonstrate a financial history record that portrays how trustworthy it is with money. No one is going to lend to a stranger. So, how do you demonstrate good credit? In particular, how does a cannabis business demonstrate credit when credit companies shun the industry?…

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A Guide For Canadians Looking To Try Cannabis This Valentine’s Day

Wondering what to buy? “Flowers, duh!” says budtender Katie Lake… but with a pot twist. “In high school, my nickname was Miss Bakes. I guess it’s true what they say; old habits die hard,” says Katie Lake, who is currently working as a budtender at Sh…

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Wondering what to buy? “Flowers, duh!” says budtender Katie Lake… but with a pot twist. “In high school, my nickname was Miss Bakes. I guess it’s true what they say; old habits die hard,” says Katie Lake, who is currently working as a budtender at Shop Cori, a cannabis store located in Toronto. “Initially, working in the cannabis industry was supposed to be a temporary gig,” Lake says in an email. The transition occurred as…

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How One Social Equity Advocate Helped Land $4 Million To Rectify Colorado’s War On Drugs

In Colorado, approximately 87% of cannabis business owners identify as white. But in the first state to legalize adult-use marijuana sales, that figure might finally drop with the state dedicating $4 million in new funding to advance industry involveme…

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In Colorado, approximately 87% of cannabis business owners identify as white. But in the first state to legalize adult-use marijuana sales, that figure might finally drop with the state dedicating $4 million in new funding to advance industry involvement for communities negatively affected by the War on Drugs. Originally conceived as the Cannabis Opportunity Program and recently renamed as the Cannabis Advance Program (CAP), the proposal was co-written by the Colorado Office of Economic Development…

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