“Tilray is too dangerous,” said CNBC’s “Mad Money” host Jim Cramer. “It is a spec stock that is losing money, and we don’t recommend stocks that are losing money.” Cramer isn’t the only one shying away from the Canadian cannabis producer. Kerrisdale Capital called the company a “failing cannabis player” in a recent report. We are short shares of Tilray Brands, a $2.4bn failing Canadian cannabis player running a familiar playbook for unsuccessful businesses trading in the public markets: given […]
Category: Cannabis Canada
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What is “public health?” Since 2020, the term has entered the mainstream, but public health was around long before covid. Canadian politicians crafted cannabis legalization with “public health” goals in mind. Instead of the traditional argument for legal cannabis, which is that you have a right to your body. But let’s give them the benefit of the doubt. Like most things in life, let’s apply the 80/20 rule. 80% of “public health” are hapless bureaucrats who believe they are improving […]
Last Thursday, the City of Victoria approved rezoning for its first farm-to-table cannabis operation. A majority of the council voted to amend bylaws so one facility can house four different Health Canada licenses. The Victoria Cannabis Company will have a nursery, micro-cultivation, processing and sales all in one spot, located at 340 Mary St. The City of Victoria approved the rezoning despite another cannabis retailer within 400 metres. But Councillor Jeremy Caradonna justified bending the rules since a farm-to-table site […]
What is the four-step cannabis solution to Canada’s recession? Canada’s recession is here, masked only by the large influx of immigrants keeping the job numbers up. But when you control for population growth, Canada is in an economic recession. What’s the solution? Whether it’s left-wing parties calling for “stimulus” or right-wing parties calling for “austerity,” you won’t find solutions listening to the elites and gatekeepers responsible for this mess. Too many dollars are chasing too few goods. There aren’t enough […]
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Last week, CLN chatted with long-time cannabis activist and Cannabis Digest contributor Ted Smith on the state of cannabis in Canada. Ted is the founder and owner of the Victoria Cannabis Buyer’s Club (VCBC), Canada’s longest-running (and last remaining) compassionate club. Despite helping thousands of patients, the Canadian and B.C. governments consider Ted a criminal. “It’s frustrating,” says Ted by phone. Especially since other jurisdictions – like legal U.S. states – are legalizing consumption spaces. In Canada, cannabis civil disobedience has always […]
We have yet another study claiming that cannabis-related traffic injuries have increased since Canada legalized cannabis. The research, published in JAMA Network Open, looked at cannabis and emergency room visits for traffic injuries between 2010 and 2021 in Ontario. “Our data is raising concern about a growing problem of cannabis impairment and severe road injuries,” said lead author Dr. Daniel Myran. “Since 2010, there has been a very, very large increase in cannabis involvement and traffic injury visits in Ontario.” […]
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Tamara Lich and Chris Barber, the crowned “leaders” of the Freedom Convoy, begin their trial this week. The rationale is mischief, but the reality is that the Freedom Convoy is guilty of gaining traction despite not meeting the approval of our wise overlords. Had the Freedom Convoy been about abortion rights or supporting anti-capitalist “green” policies, today’s situation would be very different. Justin Trudeau would be taking selfies with Tamara Lich, calling her a modern-day post-national Canadian hero. But alas, […]
Canada’s federal and many provincial governments have neglected the importance of cannabis consumption spaces, according to a case study published in Contemporary Drug Problems. Its authors looked at the Victoria Cannabis Buyers Club (VCBC), particularly the consumption space known as “The Box.” The study found numerous benefits to a medical cannabis smoking lounge. Benefits that have either been ignored or glossed over by policymakers and specific actors in the “public health” field. Instead of getting praise for its community-centric cannabis […]
In Canada, especially in Vancouver, British Columbia, it’s a battle between Chinese heroin (fentanyl) and Canadian cannabis. Outside the allowable parameters of the debate is the solution: how cannabis is used for rehabilitation and how to safely self-rehab with cannabis usage. You can quit meth with cannabis rehab. Rehab for alcohol should include cannabis-based medicines. Or forget the rehab centre altogether. Safely self-rehab with cannabis usage from the comfort of your home. People are struggling with substance use. It’s not […]
This is how cannabis bureaucracy destroys wealth. Last week, the government of Canada released a review of Health Canada’s cost-effectiveness for issuing cannabis licences. Of course, a “licence” from a government body is asking permission for a freedom you already have. When you have to ask permission to produce from people who produce nothing, your society is ass-backward. Case in point: You’d think bringing in $160 million in screening fees, import/export fees, and other regulatory cash grabs would yield a […]