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Category: George Smitherman

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Twitter Allows Cannabis Companies to Advertise 

March 1, 2023 Published by

Last week Twitter became the first social media giant to allow cannabis companies to advertise. Previously, only hemp-deprived topical products could advertise. Twitter is the lone wolf among social media companies allowing cannabis companies to advertise. Other platforms like Facebook, Instagram, and TikTok have a no-cannabis advertising policy. A statement from Twitter said only cannabis companies in the legal states would be permitted to advertise. As well, the ads can’t target anyone under 21 years old. Is This Elon’s Doing? […]

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Cannabis Industry Sues Canadian Banks

February 14, 2023 Published by

The cannabis industry is suing Canadian banks. Canada’s legal cannabis industry has launched a class-action lawsuit against Canada’s large cartel of banks. They allege the banks have discriminated against them by arbitrarily closing accounts and denying services and access to credit. Included in the class action are “all individuals or corporations that, directly or indirectly, do business with the major defendant banks and who are involved in the legal cannabis industry since October 17, 2018,” says the press release. The […]

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British Columbia Announces New Cannabis Retail Licence 

October 6, 2022 Published by

British Columbia‘s provincial government has announced a new cannabis retail licence. This licence will allow licensed producers to sell directly to customers via stores located at their farms. The so-called “farm-to-gate” license was previously on a trial pilot program with the Williams Lake First Nation. This new cannabis retail licence is open to all licensed growers. British Columbia Announces New Cannabis Retail Licence The new cannabis retail licence is called a Producer Retail Store (PRS). The PRS will come into […]

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Excise Taxes in the Cannabis Industry 

June 13, 2022 Published by

How damaging are excise taxes in the cannabis industry? Canadian cannabis producers are again calling on the federal government to review its excise tax on cannabis. As cannabis prices fall, they argue the flat-fee tax structure is negatively affecting their profitability. The Cannabis Council of Canada (CCC) has released a report outlining the harm the […]

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