“Grey” market edibles get love from Toronto Life and CBD gets love from Playboy

4 mins read

As we get into the swing of Fall, Business of Cannabis has been busy putting together our news, content and events programming.

Two weeks ago, we launched our subscription newsletter, the Weekly Chronicle, headed up by former The Globe & Mail reporter Jameson Berkow. The first two articles have garnered considerable interest: 

Issue 1: Inside the Cannabis ‘Entourage Effect’ READ
Issue 2: You Are Not a Cannabis Sommelier and You Never Will Be READ

We are also moving full steam ahead with our Cannabis + Technology program for October 21 and 22 with important sponsorship announcements coming this week. Watch Business of Cannabis social channels for updates. Twitter + LinkedIn

Next week, we will be sharing updates about our 3rd annual Medical Cannabis Week slated for November. Stay tuned.

And the industry moves on…

Read on:

To start your Monday morning, a head scratcher: 

Toronto Life profiled cannabis-infused comfort food – but also included “grey” market edibles (150 mg cotton candy?!) available at Toronto’s CAFE. Causing one Business of Cannabis reader to wonder: “how many speakeasies and bootleggers will they profile next?”. Toronto Life

It’s been a tough time for cannabis events – and cannabis event businesses. Last week, we all read about Lift & Co. This week, we learn that O’Cannabiz is moving their events to 2021. O’Cannabiz

What do you do when you want to find incredible farmers to grow your hemp in Alberta? Identify Hutterite farmers who can help. Calgary Herald

And not a moment too soon, because Health Canada is convening a committee to look at cannabis-based products to be available without practitioner oversight. As only a government agency could do, the name of the new committee: Science Advisory Committee for Health Products Containing Cannabis Health Canada

From one positive government announcement to another. BC is going to reserve private and public retail shelf space for Indigenous producers. MJ Biz Daily 

While we’re focused on growers, the number of micro licenses are growing every week. In fact, StratCann notes that more than half of all new licenses issued since legalization are to micros. StratCann

From micro to macro: Aurora posted a $1.8 billion loss last quarter… BNN Bloomberg

Which leads straight to this: Aurora’s new CEO is banking on premium cannabis to win back market share and pave a road to profitability. BNN Bloomberg 

To non-authoritarian news from the US:

The past month we’ve learned a lot about Canopy’s Martha Stewart-branded CBD products in the US. So naturally, Playboy is entering the sector too. Ad Age

Finally, really bad news: On the west coast of the US, wildfires as well as the smoke and ash are expected to take a serious toll on cannabis production – especially on the California/Oregon border. Bloomberg

Until next week…


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