The Alberta government has raked in $30 million in taxes from cannabis in the first six months since legalization. According to the province’s fiscal year-end statement, the tax revenue from cannabis collected by the government is $4 million higher than…
Tag: Marijuana
Plethora of pot? Canada could hit cannabis oversupply as early as 2019, depending on edibles
Canada could reach an oversupply of legal pot as soon as the end of this year, depending on how the rollout of edibles and other next-generation products impacts supply, a U.S. cannabis research analyst says. BDS Analytics’ managing director and…
Edmonton police launch ‘put your skunk in the trunk’ cannabis campaign
Since recreational cannabis became legal in Canada last October, the majority of marijuana-related charges the Edmonton Police Service have laid have been for improper transport. According to the provincial Gaming, Liquor and Cannabis Act, “no person may transport cannabis in…
AGLC lifts moratorium on new retail cannabis licences
Alberta Gaming Liquor Cannabis has lifted the moratorium on new retail cannabis licences, the governing body announced on Thursday. “Due to a steady increase in AGLC’s cannabis supply, the moratorium on accepting new retail licence applications and issuing new retail…
Aurora Cannabis preparing for legalization of cannabis edibles, vaping products
Aurora Cannabis Inc. is building up inventory in anticipation of the legalization of edibles and vaping products next fall, but insists that won’t interrupt its sales growth and march to profitability. Production is expected to grow to 25,000 kilograms in…
Cannabis extractions labs causing residential explosions in Edmonton
The Edmonton Police Service says officers recently responded to two significant explosions and fires caused by cannabis extraction labs. These labs isolate tetrahydrocannabinol, or THC, from cannabis to produce cannabis oil or a highly concentrated form of THC called “shatter”…
Aurora Cannabis cuts quarterly loss to $158M while growing sales to new high
Aurora Cannabis Inc. is reporting 20 per cent higher revenue and a 33 per cent lower net loss for the first three months of 2019 compared with the last quarter of 2018. The Edmonton-based company credited higher production and sales…
Aurora Cannabis plant working to contain skunky smell at Edmonton airport
A skunky smell greeting travellers at Edmonton’s airport doesn’t mean stinky critters are running loose in the area. The scent is coming from the Edmonton International Aiport’s new neighbour, Aurora Sky, one of the world’s largest cannabis facilities, which produces…
4-20 Post Legalization
April 20 2019 8:20pm Sat, Apr 20 – It’s been six months since cannabis was legalized, but has the novelty worn off? This year 4-20 attracted far fewer people to the Alberta Legislature than previous years. Sarah Kraus reports. ‘…
Slight cannabis supply increase leads to 26 new Alberta retail licences
Twenty-six more cannabis stores are coming to Alberta. Alberta Gaming Liquor and Cannabis has sent notices to prospective retailers telling them slight increases in available inventory has allowed the regulator to issue the new retail licences. The AGLC says it…