Legal sales of just US$1 billion are dwarfed by an illegal market still estimated at $5 billion to $7 billion.
The highest average post-legalization price per gram was in the Northwest Territories at roughly $14.45 per gram.
Plans for a variety of products have bee announced, but numerous hoops to jump through before they’re available to consumers.
Pot stores saw the biggest percentage increase in sales among the retail sectors tracked by the agency.
Canopy Growth is conducting millions of dollars worth of research related to treating anxiety, insomnia and pain.
Police forces in Vancouver, Regina, Newfoundland and Labrador, Yukon, Truro, N.S., and Kensington, P.E.I., all said they hadn’t noticed a significant change in driver behaviour since pot was legalized on Oct. 17.
From coast to coast, Canadians are frustrated with a lack of supply and long waits, and returning to the black market.
Canada is the second country in the world to legalize cannabis, but others could join us very soon.
Police across the country are reminding people where you can and can’t smoke up.
Shares in the company soared last month following a report by BNN Bloomberg that it was in talks with Coca-Cola Co. to develop pot-infused drinks.
Some of the industry’s biggest names saw their stock prices fall.
Most Canadians’ first purchase of legal adult-use pot will likely be online, as there were relatively few retail stores ready on Wednesday.
Legalized pot draws big crowds and much enthusiasm.
Will also not put a cap on pot shops when it starts licensing and regulating the private retail marketplace.
Cannabis firm and soft drink giant reportedly in talks for non-psychoactive CBD infused drinks.