Hoops Edition

3 mins read

Big game in Toronto on Monday night (+ news of outdoor growing) makes this the Hoops Edition of the Business of Cannabis newsletter.

get it? hoops…

On Friday, we live streamed Sessions all day along with our friends at Ample Organics. We will be rolling out highlights all week, but if you missed it, here is a link to the entire show. Of special note, Steve DeAngelo of Harborside in Oakland joined Sessions on Friday. Harborside goes public today on the CSE.

Back up the Brinks truck, literally. The CEO of Brinks sees a $160 billion cannabis market.  

CBC News dives into how Calgary is beating Toronto and Vancouver to the cannabis punch. On a related note, Toronto is trying to keep illegal shops closed by any means necessary…

In an effort to catch up, rumblings abound about Ontario’s plan for adding more shops. Lawyer Matt Maurer aptly stirs the pot…

Perhaps hinting at things to come, the Ontario Cannabis Store increased its supply agreements. Signing deals with 48 North and We Grow BC. (We connected with 48 North’s co-CEO Alison Gordon a few months back, rewatch it.)

Bruce Linton got himself in a bit of hot water last week after repeating claims that there was fentanyl-laced cannabis about. Vice had the story of Linton walking back his comments.

In other cannabis CEO news, Business of Cannabis caught up with both Andrew Grieve of Zenabis and Peter Aceto of CannTrust last week. The former rang the opening bell at the TSX and the latter launched their own corporate social responsibility platform. Watch Andrew GrieveWatch Peter Aceto.

There was a story last week on BNN Bloomberg about cannabis blowing its lead when it comes to legalization

As a counterpoint: Canopy opening hemp processing facilities in 7 US states in the next 12 months.

While we’re in the US – Illinois is going legal starting January 1, 2020!

Even more from the US – and this time, it’s psychedelics. The Oakland City Council decriminalized a bunch of them – joining voters in Denver who took the same step last month.

As if to underscore the point, @AOC chimed in too.

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