CannTrust to destroy $77 million of plants and inventory
CannTrust Holdings Inc. says it will destroy $77 million worth of pot plants and inventory as part of its efforts to comply with federal regulations. Continue reading
Alberta gaming liquor and cannabis
CannTrust says cannabis goods returned by Alberta government worth $1.3M
About $1.3 million worth of CannTrust products will be returned by the AGLC after Health Canada suspended the company’s licences to produce and sell pot. Continue reading
Alberta Government collects $30M from cannabis tax since legalization
By Adam MacVicar Digital Journalist
The province raked in $30 million in cannabis tax revenue between Oct. 17, 2018, and March 31, 2019, but only netted a profit of $4.7 million. Continue reading
Six months after legalization, high prices and supply issues boost illicit pot market
It has been six months since Canada became the first industrialized country to legalize recreational cannabis, in a bid to stamp out the illicit market, but the price gap between legal and illicit marijuana appears to be widening, according to Statistics Canada. Continue reading
Slight cannabis supply increase leads to 26 new Alberta retail licences
By Fletcher Kent Reporter
AGLC says since issuing 10 additional retail licences in January, there’s been “a modest increase in cannabis inventory available to retailers.” Continue reading
AGLC seizes $2.5M in contraband tobacco products from Edmonton storage locker
An estimated $2.5 million of contraband shisha and cigarettes were seized from a central Edmonton storage locker facility. Continue reading
Edmonton changes zoning laws so pot shops can open in shopping malls
Edmonton has made it easier for cannabis stores to open in shopping malls, after changing some of the zoning rules for where pot shops can open. Continue reading
AGLC says it’s only received 20% of cannabis ordered from producers; halting new retail licences
Alberta Gaming Liquor and Cannabis — the provincial regulator for retail cannabis — said Wednesday it’s only received 20 per cent of the product it ordered and expected from licensed producers. Continue reading