Major change is coming to Ontario private cannabis retailers – but not in a good way: ecommerce, curbside pick-up, delivery – all going away at the end of the month.
But on the plus side, the cannabis impact of what is ahead in the US political landscape looks promising – even the NY Times talking about edibles.
A great week ahead on BofC Live with conversations with Lucas McCann of CannDelta, Krista Raymer of Vetrina Group, Lisa Bigoni of Choom, Liz Stahura of BDSA, Imraan Khan of Detonate Cannabis and Charles Vennat, CEO of 48North. Everyday at 10 a.m. Eastern on businessofcannabis.ca and streaming through Twitter.
We also have a summer full of important conversation and networking – check out the latest below – including one next week when we’ll attempt to answer the question: Can BC lead cannabis in Canada again?
Even though the US is dealing with a world of shit – could it also be on the brink of major cannabis change? Consider the evidence from last week:
For those that know what’s up – this story in the New York Times: You Know What Else Has Sold Well During the Pandemic? Weed Edibles
Marijuana Moment predicts legalization in the US in 2021. Marijuana Moment
New Cannabis Ventures laying out the slew of legalization ballot measures, some MSO success and (potentially, hopefully) what Marijuana Moment is writing about – an impactful election. New Cannabis Ventures
Meanwhile, in Canada…
Since 2018, taking bigger and bigger chunks out of the legacy market has been an important policy and industry goal. According to Business in Vancouver, more and more consumers in that Province are choosing the legal market. Business in Vancouver
Ontario retailers have until July 29th to gain a stay of execution (of curbside pick up and delivery options). MJ Biz Daily Although, some interesting confusion emerged this week as to what the last date for retailers to offer the services.
The world’s largest cannabis company is in full focus mode. Fire old CEO – check. Cut staff – check. Bring in new CEO – check. Cut more staff – check. Hone business model toward beverages – now. MJ Biz Daily
Finally, we feel compelled to share this story from Business Insider. But will present without context as Business of Cannabis is mentioned in the story: The inside story of the downfall of Civilized, a cannabis media startup that raised $7 million, then had to shut down after a takeover offer fell through