Economy

COVID-19 pandemic a ‘boon’ for legal cannabis in Canada as marijuana industry turns two

Canada’s legal marijuana industry is celebrating a jump in sales, more brick-and-mortar stores and competitive pricing as it celebrates two years in business.  Since Canada legalized recreational marijuana on Oct. 17, 2018, legal sellers and producers have struggled to compete with the black market, but… Read More »COVID-19 pandemic a ‘boon’ for legal cannabis in Canada as marijuana industry turns two

Coronavirus: B.C.’s strong job recovery continued in September – Okanagan

British Columbia gained 54,800 jobs in September, with more than 70 per cent of them being full-time jobs, according to Statistics Canada. B.C. has recovered 301,700 jobs since the pandemic struck, returning to 96.3 per cent of pre-pandemic employment levels. Read more: Okanagan cannabis company… Read More »Coronavirus: B.C.’s strong job recovery continued in September – Okanagan

Pallister explores private-sector involvement in Manitoba’s liquor system – Winnipeg

The way you buy your liquor in Manitoba could be changing. Manitoba Premier Brian Pallister says his government is exploring a model for liquor sales that uses more of the private sector in which, much like Manitoba’s cannabis system, the province remains the sole buyer.… Read More »Pallister explores private-sector involvement in Manitoba’s liquor system – Winnipeg

‘It’s very destructive’: Gambling addict, professionals react to Alberta’s new online casino

On Thursday, the Alberta Gaming, Liquor and Cannabis (AGLC) officially launched PlayAlberta.ca, the province’s only regulated online gambling site. AGLC anticipates PlayAlberta will generate $3.71 million in revenue annually. That money is directed into Alberta’s general revenue fund. Bonnie Lee, an associate professor in Addictions… Read More »‘It’s very destructive’: Gambling addict, professionals react to Alberta’s new online casino

Manitoba considering allowing restaurants, spas to sell pot products – Winnipeg

Two years since recreational use of marijuana was legalized across the country, Manitoba’s cannabis authority is exploring the possibility of providing licensing to allow businesses like restaurants and spas to offer cannabis products. The Liquor, Gaming and Cannabis Authority of Manitoba is launching numerous campaigns… Read More »Manitoba considering allowing restaurants, spas to sell pot products – Winnipeg

Retail cannabis sales in Edmonton see growth despite ongoing illicit sales – Edmonton

At a time when so many businesses are feeling the financial pinch due to the COVID-19 pandemic, one Edmonton cannabis shop says it is seeing significant growth in sales. “It’s actually really, really good. It feels good and it’s about time,” owner of Alternative Greens… Read More »Retail cannabis sales in Edmonton see growth despite ongoing illicit sales – Edmonton

FSD Pharma leaving cannabis for COVID-19, closing medical pot facility in Cobourg, Ont.

FSD Pharma, which launched a medicinal cannabis production facility in Cobourg, Ont., will be cancelling its cannabis licences and closing the operation next month to focus on coronavirus work. On Thursday, the biotech/pharmaceutical company announced it has notified Health Canada of its decision to forfeit… Read More »FSD Pharma leaving cannabis for COVID-19, closing medical pot facility in Cobourg, Ont.

Biden promises economic agenda will fight racial inequality – National

Democratic presidential candidate Joe Biden promised Tuesday that his economic agenda would combat long-standing racial inequalities as he sought to draw another sharp contrast with President Donald Trump. Biden said the Republican president is exacerbating social discord across the country, including by sending federal authorities… Read More »Biden promises economic agenda will fight racial inequality – National