CBD News
Traditional banks are not willing to lend to marijuana businesses in Canada. This post from CNN Business highlights how the big banks are missing a boom. KushCo Holdings, a company that sells packaging and supplies to the cannabis industry, would love to borrow money from a real bank. CEO Nick Kovacevich wants to secure up to $30 million in revolving credit, so he can ... Continue Reading
In the weeks after legalization, cannabis companies are already looking ahead to 2019, when edible cannabis products are expected to become legal in Canada. This post from CBC News discusses how cannabis edibles, and drinks will mark the '2nd wave' of legalization. Now that recreational cannabis is legal in Canada, producers are looking forward to what they're calling the ... Continue Reading
Numerous legal cannabis stores in Canada are dealing with empty shelves and disgruntled customers, with fears consumers will turn to black market. This post from The Guardian discusses the weed woes of Canada and their struggle to meet the huge demand for legal cannabis. When Trevor Tobin opened one of Canada’s first legal cannabis stores last month, he had high hopes of ... Continue Reading
China joins the list of Asian countries warning their citizens in Canada to refrain from cannabis use. Japan and South Korea have done it earlier. Read more in this post from Globalnews.ca. Marijuana may be legal now in Canada but at least three Asian governments are warning their citizens to avoid it, including the spectre of possible arrest for Japanese and South ... Continue Reading
Legalizing recreational marijuana, Canada begins a national experiment. This post from The New York Times reports how legal weed was celebrated amid euphoria and caution. Canada on Wednesday became the first major world economy to legalize recreational marijuana, beginning a national experiment that will alter the country’s social, cultural and economic fabric, and present the ... Continue Reading
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