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May 21, 2019 Newsletter | No Fun Edition

Ending the War on Fun

Alberta’s new Premier is ending the ‘war on fun’...

Fire + Flower is opening 6 more stores in Western Canada - as well, Manitoba announced their locations for cannabis retail in rural parts of that Province.

And while Manitoba announces new shops - HOBO in Ottawa is cutting hours because of supply shortages.

Finally, during their earnings media tour last week, the team at Aurora threw water on the infused beverage industry. They say, “the market is just not there…”


Business Highlights

3|Sixty Secure’s David Hyde gave an interview to Canadian Security Magazine. Nuggets of insight here.

The Globe + Mail is now coming around to understand that cannabis isn’t as easy to grow as the name ‘weed’ might suggest. They put a columnist on the task.

And the team at CannDelta has thoughts about how to make that growing a bit easier for you - by visiting a nursery (soon)...


And if growing it is tough, being a cannabis business can’t be easy either. Origin House CEO Marc Lustig believes most cannabis companies are going to go bankrupt as capital goes away.  

Speaking of capital… $OGI will be listed on NASDAQ as of today.

Speaking of speaking of capital… Tilray CEO Brendan Kennedy was among the highest paid CEOs in the US in 2018. Warning, not a typo: $256,006,946. And while we’re on Brendan Kennedy, last week he spoke about how cannabis companies lied about how much cannabis they could produce - that’s why he makes the big bucks.

Medical Cannabis

As those that followed Medical Cannabis Week’s Medical Cannabis Talks, you will know this already: Veterinarians are lobbying to be allowed to recommend medical cannabis to their patients.

You will also know that professional football players would like their leagues to change their stances on the topic - last week, former NFLers made their case in USA Today.

From the low end of US media to the high end… The New York Times dives deep on CBD.


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