#retailcannabis

[highleebuducated]

When ya slip the Goods in with the groceries!! Tee hee heee!!! A few new strains to hit Kingston. Thank You @710kingston for your continued Service and Patience!! Have a great day! ✌️😎💨💨 @muskokagrown @tabletop_social #theedge #bluegorilla #90sogkush #newstrains #retailcannabis #corporateweed #weedinacan (at Collins Bay, Ontario) https://www.instagram.com/p/CHODLres2Ns/?igshid=1l18tdoine8oh

[kinkykushbox]

Reposted from @ccsbrands - Reposted from @patriot.care.cultivation . @beautifulburnsrollingpapers . . #classycannabis #canadacannabis #designerjoints #pinkprerolls #pinkprerollercones #prerolledcones #cannabisbranding #marijuanamarketing #cannabiscommunity #retailcannabis #cannabisdisplay #dispensary #dispensarysupplies #designerrollingpapers #beautifulburnsrollingpapers #canadacannabis #canadacannabiscommunity #420goodybox #420girls #420lifestyle https://www.instagram.com/p/Bu-Sym_nowE/?utm_source=ig_tumblr_share&igshid=1x5xbvvxcxa7y

[123emarket-blog]

Cannabis retail applications open in Alberta

Cannabis retail applications open in Alberta

The Alberta Gaming and Liquor Commission has yet to see a flood of retail cannabis applications after they opened Tuesday morning. There are a few in St. Albert and a handful in Calgary, with rural AGLC offices seeing virtually zero. Still, that’s what the regulator forecast. Now it awaits the 250 or so applications it expects to get over the next 12 months. Spokeswoman Michelle Hynes-Dawson said Tuesday it will likely take anywhere from two to four months for retailers to get a licence, depending on the complexity of the application. Hynes-Dawson said AGLC has received a constant stream of calls asking for more information about cannabis sales. When application forms and more information went online last month, even more people got in touch. The next steps There is no cap on retail cannabis licences in Alberta — a fact Hynes-Dawson thinks that might be the biggest misconception out there — but no single person or entity can hold more than 15 per cent of licences in the province. Over the next few months, AGLC workers will review each application with a fine-tooth comb, doing background checks and looking over ownership structures to ensure everything is above board for each retailer. And just because you’re first to submit your application, doesn’t mean you’ll be first to get a licence. “Every applicant is different, so it will depend on the complexity, the ownership structure,” Hynes-Dawson said. Each application costs $400 along with a $3,000 due diligence deposit. An annual licensing fee will cost $700. Read the full article

[coolconnectionsblog]

#Maine Poised to Push Back #Retail #Cannabis Until 2018 | #Leafly http://ow.ly/wY7i308qOjB Photo credit to author #coolconnections #mainecannabis #mainecannabislaw #retailcannabis #maineweed #mainemarijuana #mainedispensary #mainelegalization #cannabisregulation #cannabiscommunity #cannabisbusiness #cannabisbusinesses #marijuanalaw #marijuanaculture #marijuanalaws

[doctorreefer-blog1]

via Twitter https://twitter.com/Kenlenkirk

[3dsalida]

This is what happens when an almost 56 year old knee keeps up witha 22 year old knee. We have a strain for that. Plus he's going to try Dr J's Health Caps (available in sativa and indica) #retailcannabis #3DSalida #higherthanamile #heartoftherockies #cannabiscabin #open7daysaweek

[steephillhalent-blog]

To usher in 2014, we are proud to announce our brand new Colorado testing facility in Denver, courtesy of @grimeygatsby and crew! To get on the waiting list to begin testing with us, please email sales@steephilllab.com, attention CO testing. Test results may be integrated with @weedmaps for dispensary clients. Bring on the new year!! #firstandmosttrusted #nowyouknow #cannabisscience #safecannabis #safeconcentrate #cannabiscommunity #cannabis #denver #colorado #legal #recreational #medical #marijuana #recreationalcannabis #retailcannabis #qualityassurance #safetyscreening #cannabinoids #terps #thc #weed #bigmoves #cannabisbusiness #newyear #2014 #staylifted #highsociety #weedstagram #recreationalmarijuana #legalize

[licensedproducers]

Cannabis NB Turns a Profit

Government-Run Cannabis Retailer Still For Sale – LPC

The somewhat surprising news came last week: Cannabis NB turns a profit. The government-run cannabis retailer announced a $500,000 profit on $14 million over 13 weeks ending March 29. It was the first profit since it launched in October 2018. It lost $17.3 million since then – a big part of the reason why it went up for sale. The move came last year, shortly before New Brunswick showed a 40 per cent decline in cannabis sales in September. The unexpected profit likely won’t change the government’s mind about selling off the agency. A spokesperson last year called the move fiscally responsible to save taxpayer money. "The government has made this commitment,” said Brad Poulos, an instructor in the Ted Rogers School of Management at Ryerson University in Toronto. “The smartest thing would be for them to go ahead with it unless of course the proposals are wholly inadequate." The CBC article (see link below) did not link the fact that Cannabis NB turns a profit with COVID-19. However, the outbreak did delay the evaluation process, which is expected to continue soon. It’s unclear whether privatizing Cannabis NB will make it more profitable. However, provinces that have a decentralized model of retail cannabis such as Alberta tend to have a more robust cannabis market. This editorial content from the LPC News Team provides analysis, insight, and perspective on current news articles. To read the source article this commentary is based upon, please click on the link below. Click here to view full story at www.cbc.ca Read the full article

[licensedproducers]

OrganiGram Holdings: The Other Big Cannabis Company in Canada

With More Substance Than Hype, OrganiGram Well-Positioned for What’s Next – LPC

When mentioning the major cannabis companies in Canada, people often forget the other big cannabis company: OrganiGram Holdings Inc. But according to a Motley Fool report earlier this year, that might not be a bad thing. At the time, OrganiGram traded at one-tenth the EBITDA of the industry average (22x vs. 226x). In other words, the “other big cannabis company” wasn’t caught up in investor hype. Still, it is one of the top cannabis companies in terms of sales of recreational cannabis. Despite the pessimism in the market right now, OrganiGram Holdings is on the list of some analysts of having good upside potential. It made news last spring when its stock rose 62 per cent within months. Like most cannabis companies, its stock has eroded since then, hitting a year low of $2.72 on November 18. It’s bounced back and closed at $3.61 on November 28. Over the last year or so, its market share has fluctuated between 8 and 14 per cent. Mackie Research analyst Greg McLeish said he believes market share to be at about 10 per cent right now. That makes it a big cannabis company by any measure. (Please see link below.) CEO Greg Engel said the biggest challenge has been the slow opening of retail stores. The company cited disappointing cannabis sales, particularly in Ontario, as a major reason for lower revenues. “In 2019, we increased staffing and capacity to meet forecasted demand and maintain inventory in the market,” Engel said. “Industry structural issues have challenged supply and demand dynamics in the short-term but we believe the growth opportunity in the Canadian cannabis market remains intact.” MacLeish agreed. He added OrganiGram as “the other big cannabis company” is well-positioned to take advantage of retail markets as they open. “Canada’s cannabis market will continue to grow with (Cannabis 2.0) as well as a large expansion in Ontario and Quebec retail stores.”

The “Other Big Cannabis Company” Looks to Cannabis 2.0 for Increased Sales – LPC

OrganiGram hopes that the coming Cannabis 2.0 – specifically vaping – will help boost sales as well. Like many licensed producers, OrganiGram has contracted its vape cartridges to PAX Labs. “OrganiGram is on track to launch vape pens in mid-December followed by cannabis-infused chocolate products in calendar Q1 2020. The company also expects its flavourless nano-emulsion powdered beverage product in calendar Q2 2020 based on expected licensing for the production area and equipment delivery and commissioning schedules,” McLeish wrote. He predicted that OrganiGram would generate $140.2 million in sales in 2020, landing it squarely in big cannabis company territory. He revised his target price to $7.00 in that time. This editorial content from the LPC News Team provides analysis, insight, and perspective on current news articles. To read the source article this commentary is based upon, please click on the link below. Click here to view full story at www.cantechletter.com Read the full article

[licensedproducers]

OCS Wholesale Cannabis Monopoly Coming to an End

Government Agency Introduces Hybrid Model It Will Still Be Part of – LPC

The OCS wholesale cannabis monopoly is coming to an end. The Ontario Cannabis Store (OCS) announced that it is creating a hybrid distribution model. Under the new model, the private sector will be able to buy directly from licensed producers (LPs) as well as store and distribute cannabis. The news came on November 19, 2019 via email to LPs. This didn’t come as a surprise to many industry analysts. The story was first leaked in September 2019, though the rumour then was that the Ontario Cannabis Store was closing. Feedback showed producers wanted more control over the distribution of cannabis. The OCS wholesale cannabis monopoly was initially planned by the previous Kathleen Wynne Liberal government. That was to strictly monitor cannabis storage and distribution. Reports are the OCS consulted with LPs over the past month over various changes to the system. Those consultations found that the OCS wholesale cannabis monopoly system introduced too many inefficiencies. “The OCS is moving ahead with expanding its privately-operated third-party centralized distribution network,” the email read. This will “introduce flow-through capabilities to the network over time to maximize choice for consumers.”

OSC Wholesale Cannabis Monopoly Isn’t the Problem for LPs – LPC

It is unclear what, if any, effect eliminating the OCS wholesale cannabis monopoly will have on the markets. Or on LPs’ bottom line, for that matter. The Ford government was directly or indirectly blamed for disappointing cannabis sales by several companies including Canopy Growth and Aurora Cannabis. Cannabis investor optimism is hitting an all-time low. Aurora dumped $20 million of cannabis due to oversupply and halted construction of facilities in Medicine Hat and Denmark. The major issue in Ontario isn’t the OSC wholesale cannabis monopoly. It’s the fact that there are only 24 cannabis retail stores open. In comparison, Alberta has 300 cannabis retailers in a province that has about a third of the population. The Ontario Cannabis Policy Council called for an opening up of the retail market. (Saskatchewan recently announced it will move to an open market cannabis model more in line with the Alberta model.) Ontario would have to open its retail market too, to make any difference in sales. Dismantling the OCS wholesale cannabis monopoly won’t solve anything if consumers still can’t purchase product at retail stores. This editorial content from the LPC News Team provides analysis, insight, and perspective on current news articles. To read the source article this commentary is based upon, please click on the link below. Click here to view full story at business.financialpost.com Read the full article

[licensedproducers]

The Green Organic Dutchman Ltd. – LP Spotlight

First Cannabis Company in Canada to Go Organic – LPC

The Green Organic Dutchman Ltd. is a vertically integrated cannabis cultivator, processor, and producer in Ontario and Quebec. As the name suggests, The Green Organic Dutchman Ltd. is a fully organic company, right down to its LEED-certified facilities. This approach has added costs and time to their construction plans. But it’s an approach worth pursuing, said Shane Dungey, vice-president of investor relations. “As an organic producer, our mantra has always been to start organic and end organic, beginning with our growing process through to store shelves. We have never compromised on quality or yield – or the principles we stand by,” Dungey said. Facilities in Ancaster, Ont. and Valleyfield, Que. are both progressing. However, The Green Organic Dutchman Ltd. was forced to cut yield predictions for 2020 due to a number of factors. The company announced in a press release that it needs $70-$80 million between now and its Q2 2020 to gain positive cash flow. It forecasts that it will produce between 20,000 kg and 22,000 kg of cannabis between its two facilities in 2020. It also plans to launch a line of organic teas, shots, chewables and ready-to-drink beverages in December 2019 with the legalization of edibles. The company uses organic cannabinoid dissolvable powder to make these products.

The Green Organic Dutchman Ltd. a Bellwether for Canadian Cannabis – LPC

However, the organic edible market may not be as big as once thought – at least in the short term. In many ways, The Green Organic Dutchman Ltd. represents what’s happening in the cannabis industry today. Retail cannabis challenges have been an issue from the start. This is not surprising – building a billion-dollar industry overnight will have challenges. But it has forced the company to change its business plan. "With the current Canadian legal market being smaller than initially anticipated, mainly due to a slow rollout of retail locations in key provinces, we believe that our revised plan will allow The Green Organic Dutchman Ltd. to right-size its production to capture the organic segment,” said CEO Brian Athaide. The plan will allow the company to expand its operations as more retail locations open, he added. What won’t change is its plan to remain organic. “Throughout that process we have also achieved both Ecocert and Pro-Cert certifications, placing us a step ahead in providing healthy premium cannabis products,” Dungey said. This editorial content from the LPC News Team provides analysis, insight, and perspective on current news articles. To read the source article this commentary is based upon, please click on the link below. Click here to view full story at business.financialpost.com Read the full article