The AGCO (Canada) is now issuing 80 cannabis Retail Store Authorizations per month

The Alcohol and Gaming Commission of Ontario (AGCO) has continued working with the Government of Ontario to increase the number of cannabis Retail Store Authorizations (RSAs) that are issued each month.  In September, the AGCO announced the government’s direction to double the number of RSAs issued per month, from 20 to 40.   The government has provided further direction to double … Read more

The U.S. election could change the cannabis industry. Is Canada ready?

By Erica Alini  Global News As Americans cast their ballots in one of the most acrimonious U.S. elections in history, Canada’s cannabis industry is salivating on the sidelines. In a historical vote that’s stoking worries of post-election violence, easing restrictions around marijuana has surprisingly broad bipartisan support. Polls show U.S. public opinion has turned around on the issue of legalization, with a majority of adults now saying … Read more

Ontario sold 35 million grams of dried cannabis in its first full fiscal year of commercial operations

Ontario sold 35,100,000 grams of cannabis from April 1, 2019, to March 31, 2020, for a total of $385,100,000 in sales, according to a new yearly report released today. 7,200,000 of those grams were sold on the Ontario Cannabis store’s online portal, while another 27,900,000 grams were sold in brick-and-mortar retail stores. $71,400,000 of those … Read more

Lasco Cannabis Deal On Hold Amid UCANN Bankruptcy Filing

Karena Bennett/ A deal struck between Lasco Manufacturing Limited and American company United Cannabis Corporation, UCANN, for the production of cannabis-infused water and other medicinals has been placed on hold. It comes in the wake of UCANN’s filing for bankruptcy protection in April. “UCANN has filed for Chapter 11 bankruptcy and so that partnership is … Read more

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