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Is microdosing cannabis even a thing? Who wants a single milligram of THC? The THC limit on edibles and concentrates is a common complaint with Canadian legalization. If anything, consumers wish for higher THC concentrations. But there is a market for microdosing cannabis. And a Toronto-based company is filling that niche. Djot, a division of […]
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In 2018, I suggested shorting Aurora. Bad advice, many thought, on the eve of legalization when licensed producer stocks rose. But the foundation of Canada’s LP system is flawed. In 2022, this is apparent. You made money if you shorted Aurora before the cannabis bubble popped. The question is now: is Aurora now worth buying […]
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Statistics Canada has released cannabis sales figures for April 2022. Canadian cannabis sales increased by 3.7% from the previous month to C$372.4 million. Compared to April 2021, sales are up 25.8%. Canadian Cannabis Sales: Details Statistics Canada cites an increasing number of retail stores and falling flower prices for the boost. We can break down […]
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Brazil’s Superior Court has effectively legalized medical cannabis for home-grown use. The decision is likely to set a precedent for similar cases. The Brazilian government has not yet responded to the court’s decision. What Happened The five-judge panel unanimously agreed that Brazil’s patients should have access to home-grown medical cannabis. The three patients on trial […]
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According to the deputy prime minister, Thailand’s easing cannabis laws will bolster the country’s agriculture and tourism sectors. Although not full legalization, Thailand’s easing cannabis laws is different from other nation-states. For example, the government has distributed 1 million cannabis plants among its population. Thailand is the first Asian country to decriminalize cannabis. How Thailand’s […]
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Entrepreneurs are bringing cannabis into the metaverse and onto the blockchain. Mitch Ngo, CEO and Co-Founder of Golden Ark, is one of these people. His company is developing a supply chain model that uses blockchain technology to source and tracks cannabis products. As well, they’re building a metaverse for cannabis connoisseurs. “The goal is to […]
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What is New York’s legal take on cannabis regulations? Every day the state gets closer to the legalization of cannabis. The state’s Cannabis Control Board has recently announced some new rules for soon-to-be cannabis retailers. New York’s Legal Take on Advertising New York’s legal take includes allowing TV ads, but they can’t target minors. Likewise, […]
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Is cannabis inflation-proof? As everything seems to increase in price, cannabis remains relatively cheap. Cannabis prices dropped between 2021 and 2022. There are a few reasons for this. Legal cultivators must compete with legacy farmers who don’t have the same overhead. So the legal growers dip into their margins to stay afloat. Same with retailers. […]
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Canopy Growth is not growing. The Canadian cannabis company reported a 4th quarter loss of C$578 million, culminating in a C$4.1 billion loss since 2015. Compared to the previous quarter, revenue crashed. Net sales are down 21% to C$111.8 million. Overall, Canada’s recreational cannabis sales have dropped by 19% or C$39 million. Compared to the […]
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Stand For Craft has released a white paper highlighting the Canadian government’s financial hindrances on small craft cannabis producers. The report criticizes the federal excise tax or “sin” tax, disproportionately affecting smaller craft farmers. The man behind Stand For Craft, Dan Sutton, shared the white paper with all levels of government. He tweeted, “Current policy […]
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