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Week in Weed – June 15, 2024

Media Partners, Stratcann

This post is presented by our media partner Stratcann
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This past week, we looked at a recent study that found inaccurate labelling on some cannabis oils in Ontario, and another comparing greenhouse gas emissions from indoor cannabis production in Canada and the US.

Also, Manitobans might be waiting a while before they can legally grow cannabis at home; Indiva received creditor protection; and High Tide shared its Q2 2024 report. We looked at a recent court case involving a First Nation in Nova Scotia, and StatCann’s Tim Wilson dove into some of the roadblocks to selling cannabis in pharmacies

In other cannabis news this week…

Castanet covered StratCann’s Growing Relationships event in Kelowna, speaking with our very own David Brown. 

CBC’s Ontario today spoke with Lynda Balneave at the University of Manitoba and Dr. Hance Clarke – Pain specialist and president of the Canadian Consortium for the Investigation of Cannabinoids about the challenges of self-medicating with cannabis.

Entourage Health Corp. announced the results of its 2024 annual general meeting of shareholders.

High Tide Inc. announced that it has entered into binding subscription agreements with arm’s length institutional credit providers for aggregate gross proceeds of $15 million in a subordinated debt financing.

CTV news reported on a “rise” in illegal cannabis stores in Nova Scotia, although it only referenced four being shut down this year. The province now has 50 legal stores following a recent opening in Shelburne.

The Edmonton Journal had a story on cannabis-induced psychosis involving a young man in Alberta.

Health Canada got a shout-out in High Times.

Vancouver cannabis retailer Kingsway Cannabis is currently listed as closed, with both a sign on their door and a notice on their website referring to a “temporary store closure.” Eggs Canna on Commercial Drive is also now listed as no longer open for business.

A Washington State cannabis company is suing a Vancouver, BC business and two people from Richmond for $2 million for not supplying grow operation equipment as per a 2022 agreement.

International cannabis news

A canna-crisis in Massachusetts was averted this week after a change in regulations meant stores in Martha’s Vineyard and Nantucket will have enough cannabis for the summer rush. Previously, state law did not allow cannabis products to be shipped to the islands off the coast of the Massachusetts mainland for fear of lack of federal jurisdiction. 

SFGate has an interesting piece on the challenges facing the California cannabis industry. 

And finally, customs officials in Nigeria said they seized 1,072 kilogrammes of cannabis in a shipment from Canada via container ship.


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