On the first day of cannabis legalization in Canada, the province of Nova Scotia saw over $660,000 in sales, which was unexpected for a population of under 1 million. People were lining up outside of government sales offices before opening, eager to get their hands on the good stuff.
Licensed cannabis producer and processor Solstice, based in Washington State, focuses predominantly on the dried flower and also provides some pre-rolled and concentrate products. Its primary goals are to cultivate the very best cannabis varieties in an environmentally responsible way while being an active participant in the community and a voice for the cannabis industry.
The Cannabis Council of Canada is the national trade association for licensed producers under Bill C-45, the Cannabis Act. It represents the vast majority of cultivators approved by Health Canada to grow and process cannabis in this country. Its mission is to advocate for key common positions to make the industry more viable while helping its members generate strong employment opportunities for Canadians.
According to a report by Arcview Market Research, in partnership with BDS Analytics, legal cannabis sales totaled $9.2 billion in North America in 2017, a market that is anticipated to reach $24.5 billion in sales by 2021, as perceptions shift and policies are reformed.
Although it has only been a few months since recreational cannabis became legal in Canada, plans for its legalization and regulation go back to the federal election of 2015, with a Liberal Party of Canada campaign pledge to “remove marijuana consumption and incidental possession from the Criminal Code, and create new, stronger laws to punish more severely those who provide it to minors.” Other commitments were to crack down on those who would continue to sell it outside of legal, regulated, and taxed means and anyone operating a motor vehicle while under the influence.
Canuvo, founded by Glenn Peterson, is one of eight licensed medical marijuana dispensaries in the state of Maine. His wife Sage is the company’s Chief Executive Officer. “We are seed-to-sale vertically integrated,” says Sage Peterson. The company was granted a dispensary license in 2010 and officially opened in 2011 with an accompanying cultivation, processing, and extraction facility located in southern Maine.
Scientific equipment company Scientific Solutions Inc. not only sells equipment – its team also installs it and educates clients on how to use it efficiently and effectively. Company growth over the last few years has been astronomical, with cannabis and isolates at the forefront of the company’s success. Cannabis Brightline spoke with the company’s three partners, who have over 38 years of combined experience in the cannabis space, John Cantril, Mclain Meenderink, and Nick Spriggs, to find out more.
For almost 25 years, Eden Labs has been a pivotal innovator in botanical extraction and distillation processes. Now the company is in the perfect spot to drive more advancements in the emerging cannabis market. ~ It’s a brave new world […]
In 2017, a new record was set in Canada, but not one to be proud of. According to government data, nearly 4,000 Canadians died of opioid overdoses, an increase of thirty-four percent over 2016. And 2018 was on pace to exceed those figures with more than 1,000 people dying in the first quarter of the year, up sixteen percent from the same period the previous year.