NICHE this Week: 5 Things You Need to Know

As you kick off the work week, here are five things making news in the cannabis industry:

  • New Blog: How Fair is Luck of the Draw?; Everyone loves a lottery, right? They’re great when it comes to office pools, charity draws and big cash payouts, but is it the best way to decide who gets to open a cannabis store and where that store will be located? Read more in our latest blog.
  • Canada’s legal cannabis industry output has doubled since the country legalized cannabis in October, and has almost surpassed the black market in less than a year, according to new figures released by Statistics Canada.
  • ICYMI: British Columbia sold less legal cannabis than any province other than Prince Edward Island since legalization and officials blame supply shortages and a slow rollout of retail stores. The Canadian Press has the details. And, according to new provincial figures, legal online cannabis sales are brisk in small-town B.C., but not in big cities.
  • ‘They left us behind’ when the Cannabis Act gave provinces and territories control over retail, says Opaskwayak Cree Nation Onekanew (Chief) Christian Sinclair. As the CBC reports, the federal government has been in talks with First Nations leaders over how to carve out First Nations jurisdiction over the cannabis industry on their territories.
  • Food for Thought: Black Press delves into cannabis agriculture in BC in a special three-part series. Here is part one – ‘Growing B.C. bud in the era of legalization’