“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 […]
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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 state of the New York cannabis market? Earlier this week, the Office of Cannabis Management (OCM) approved regulations to boost the New York cannabis market. When New York first legalized cannabis in 2021, analysts expected a $4 billion market. Two years later, they’re generating a measly $12 million with only 20 legal stores. Compared to neighboring states, it’s clear the New York cannabis market is underperforming. But now the rules have changed. Regulators are now allowing multi-state […]
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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Does cannabis legalization improve mental health? According to a recent study published in Health Economics, the answer is yes, probably. The study found states that legalized cannabis saw admissions for mental health treatment drop. But is this merely a correlation? Many studies suggest cannabis worsens or even causes mental health problems. Often, these studies are observational, non-replicable, and thus, merely the opinions of particular researchers with a Science™ label. When the study suggests cannabis worsens mental health, the researchers call for […]
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 […]
What are ten visually stunning films to pair with cannabis? While these may not be the top ten films of all time, we can guarantee they’re worth checking out. Especially when paired with cannabis. After all, cannabis heightens sensory perception. It makes colors appear more vibrant, sounds more immersive, and textures more detailed. Take an already visually captivating film and combine cannabis, and you’re guaranteed a good time. Some find cannabis helps stimulate their creativity and imagination. When paired with […]
What are the consequences of rescheduling cannabis in the United States? Last week, the federal Department of Health and Human Services (HHS) sent a memo to the Drug Enforcement Administration (DEA) recommending a change in how they schedule cannabis. The herb is currently a Schedule 1 drug, meaning it has a high potential for abuse and no medical value. It shares this category with heroin. The recommendation to change cannabis to Schedule 3 isn’t legalization, but it makes cannabis research […]
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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