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Cannabis Recession 2023

March 16, 2023 Published by

Is a 2023 cannabis recession inevitable? While an economic downturn is inevitable, how the cannabis industry weathers the storm remains to be seen.  For sure, saturated retail markets will feel the hit as consumers cut back or make more discerning purchases. And large-scale industrial grows that have been more about selling equity than weed will feel the impact.  But why? Why has the value of cannabis stocks been removed from fundamentals? Why are small cannabis business owners – through no […]

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2023 Cannabis Industry: 3 Trends to Watch For

December 9, 2022 Published by

What will the 2023 cannabis industry look like? Mergers, acquisitions, branding, and the entourage effect, according to HEXO‘s President and CEO, Charlie Bowman. HEXO is an award-winning cannabis brand with a solid reputation among Canadian consumers. After acquiring their competitor Redecan, they became the number one cannabis company in Canada in the third quarter of 2021. Since then, the company has been busy building its brand and maintaining its loyal customer base. Their president and CEO, Charlie Bowman, was able […]

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Investors Lose Billions with Canadian Cannabis 

November 22, 2022 Published by

Investors have lost billions investing in Canadian cannabis. That’s the latest data collected by the law firm Miller Thomson. Of the total 183 publicly traded licensed cannabis producers, they collectively lost $131 billion. Or, as one Redditor put it, High quality marijuana cost $7.69 per gram. It’s estimated that the average joint has 0.32 grams of marijuana in them. So one joint should be around $2.46. Therefore, $131 billion could purchase 53,252,032,520 joints. Canada’s population is 38.25 million. So each […]

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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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A Conservative Cannabis Act? 

October 1, 2022 Published by

Is it possible a Conservative Cannabis Act can fix the damage of Justin’s legalization? On October 17th, 2018, the government of Canada legalized cannabis with strict conditions on who could sell it, how to access legal products, and how much you could grow for personal use. This top-down public health scheme split BC Bud into two camps. Those who wanted to follow the rules and try to become legitimate. And those who saw the corporatization of their medicinal herb and […]

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Reviewing the Cannabis Act

September 23, 2022 Published by

Justin Trudeau’s hashtag government is finally reviewing the Cannabis Act – a year late. They want to know: has cannabis legalization been successful? Not in the sense of whether it’s been working for those who buy, sell, and consume cannabis. No, according to the Liberal’s Cannabis Act, the review must focus on Indigenous people, home growing, and whether legalization has helped the children. After all, it was never about your right to your body. Post-COVID, it’s clear that freedom doesn’t […]

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If Cannabis is Legal, Why the Police Raids?

September 17, 2022 Published by

If cannabis in Canada is legal, why are there still police raids? Suppose, for instance, you travel back to the 1990s, and you say in the future, cannabis is legal, but police still get funding and make raids on “illegal grow-ops,” you might scratch your head. If cannabis is legal, how are there still police […]

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Is the Canadian Cannabis Experiment A Failure? 

June 21, 2022 Published by

Is the Canadian cannabis experiment a failure? Things may look rosy on the surface, but underneath, Canada’s legal cannabis regime is struggling. Whether it’s smaller craft producers sending half their profits to the federal government in excise taxes or larger producers racking up a record amount of losses. For many, the Canadian cannabis experiment is […]

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Trends in the Concentrate Market

June 17, 2022 Published by

Cannabis concentrates are likely the best bang for your buck, and trends in the concentrate market indicate this. Concentrates rank fifth in the most extensive product category. Although not nearly as popular as cannabis flower, among young consumers, concentrates are three times more prevalent than among older adults. As well, males tend to buy concentrates […]

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Private Cannabis Retailers Up In Arms Over Unlicensed Shops

November 2, 2021 Published by

Cannabis retailers in British Columbia, particularly the Okanagan, are frustrated with the competition. The worse part is, they are unlicensed and shouldn’t be interfering with private retailers’ profits. The unlicensed shops create an unfair advantage in an already over-saturated market. Licenced cannabis shops are also upset with government interest in undercutting private legal retail cannabis […]

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