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Second Pot Lottery Closes, Fewer Applicants Expected

Cities and towns in Southwestern Ontario will soon find out whether they’ll be home to the any of the second wave of cannabis retail stores opening in the fall. Applicants vying for a shot at one of 42 marijuana retail licences had until Friday to subm…

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Cities and towns in Southwestern Ontario will soon find out whether they’ll be home to the any of the second wave of cannabis retail stores opening in the fall. Applicants vying for a shot at one of 42 marijuana retail licences had until Friday to submit an application to the Alcohol and Gaming Commission of Ontario (AGCO), the province’s pot regulator, with the winners to be announced on Aug. 20. But one leading cannabis lawyer…

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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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