Finding the Silver Lining

3 mins read

First, the tough news…

The news generally has not been good on the Canadian cannabis landscape recently (CannTrust, Ontario retail, HEXO earnings) – Leaf Forward’s Alex Blumenstein shared some thoughts about the sector’s path forward in the Globe + Mail.

To hear more from Alex Blumenstein, check out the Business of Cannabis-produced start-up podcast: Pitch Forward. New episodes drop Wednesdays. Check out last weekepisode featuring Tea North.

More was written last week about how Quebec’s cannabis future will roll-out, including increasing the purchasing age from 18 to 21

Now, some silver lining…

Cannabis added ~$8 billion to GDP to Canada in August 2019

Canopy released one of their new products heading into Legalization 2.0: beverages

Who is buying cannabis? Stats Can says seniors are the fastest growing part of the population getting into cannabis buying post-legalization. 

Much has been written about the challenges Ontario has had with opening retail cannabis stores. Well, Tokyo Smoke has an idea: opening a store at Canada’s busiest intersection – Yonge and Bloor

And in Saskatchewan, the invisible hand of the market is going to determine how many stores the Province needs

Always take time to laugh…

Halloween (Halloweed?) brought out the best in this guy.

From the personnel file…

It was announced this week that industry giant John Fowler will be leaving Supreme Cannabis $FIRE. In honour of John’s contributions, we revisit a conversation we had with John in 2018 as part of our series produced in partnership with MNP.

Former TGOD/Good + Green/48N executive Jeanette Vander Marel will be taking the helm of Beleave.

And the rest…

The United Food and Commercial Workers Union is eyeing grow facilities for organizing

As if the news wasn’t bad enough of the homefront, Aurora got one of its lots of cannabis set for import into Italy rejected because it wasn’t EUGMP.

And while we’re in Europe – Europe is coming to Toronto tomorrow for Cannabis Europa’s Transatlantic Forum. 

Illinois is set to go legal on January 1, 2020 – and Chicago passed their regulations about where and when shops can open this week

Your moment of zen…

The opening credits of this season of HBO’s Silicon Valley features an Eaze logo.

All things cannabis Business of Cannabis…

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