And now it’s been two years… Canada’s legal cannabis market has hit a slowdown and obstacles – but key changes on the horizon are sure to spur growth.
Topic Summary of piece Data from StatsCan reveals that the legal cannabis market is at 46 per cent of the total cannabis market in Canada (sales figures). Two years since legalization the illegal market still owns most sales – though by a slim margin. Some factors that contribute to this sales pattern include too few […]
Topic Summary of piece Cannabis sales have soared during this COVID-19 pandemic. The increase is a clear outcome of the extended, mandatory, stay-at-home measures and closures of businesses. Excerpts “Cannabis purchases rose as much as 600 per cent since the beginning of March in Canada’s biggest market thanks to stockpiling by consumers during the COVID-19 […]
Topic Summary of piece Cannabis use among senior citizens has increased in recent years and has become a growing concern for health professionals. Excerpts “The numbers of American seniors over age 65 who now smoke marijuana or use edibles increased two-fold between 2015 and 2018, according to research published Monday in JAMA.” Re:Mark The introduction of legal cannabis has resulted in an increase in use by seniors over the age of […]
Topic Summary of piece The legalization of CBD in the U.S. in 2018 has brought about a large number of online merchants who are abusing the convenience of e-commerce to mislead and misdirect consumers with false claims. CBD is regulated in Canada under the Cannabis Act. Health Canada oversees the production of cannabis products including […]
Quality, Convenience, Value and Safety – pillars in Canada’s quest for a sustainable cannabis industry
Topic Summary of piece Statistics Canada released its quarterly report on cannabis usage for the period of April to June 2019. Glass half full or half empty? A large swath of Canadian cannabis users are still turning to the black market. Excerpts “About four in 10 marijuana users say they bought cannabis illegally.” – The […]