‘It’s like the gold rush,’ some pot shops to stay open despite threat of prosecution

‘It’s like the gold rush,’ some pot shops to stay open despite threat of prosecution
TORONTO — Hours after marijuana becomes legal, Toronto enforcement officers will fan out across the city looking for any illegal pot shops still open — the start of a cat-and-mouse game that is expected to play out over the next six months. Ontario will have no brick-and-mortar cannabis stores until April 1, 2019, with the only legal retailer being a provincial government-run online store. The owners... Read More

US employers post record number of open jobs in August

US employers post record number of open jobs in August
WASHINGTON — U.S. employers posted the most jobs in two decades in August, and hiring also reached a record high, fresh evidence that companies are desperate to staff up amid solid economic growth. Job openings rose a slight 0.8 per cent to 7.14 million, the highest on records dating back to December 2000, the Labor Department said Tuesday. That is... Read More

In New Brunswick, legalized recreational cannabis seen as green gold

In New Brunswick, legalized recreational cannabis seen as green gold
FREDERICTON — The New Brunswick government is hoping legalized cannabis will help ignite the province’s economy — but a possible change in government after a deadlocked election has created uncertainties about how the retail regime might eventually look. The Liberals under Premier Brian Gallant have seen cannabis as green gold — a chance to create production and retail jobs and rake in profits... Read More

B.C. receives 173 cannabis shop applications but only one store opening Oct. 17

B.C. receives 173 cannabis shop applications but only one store opening Oct. 17
VICTORIA — British Columbia’s public safety minister says the government has received 173 applications for cannabis retail outlets, but only one approved store will open Wednesday when marijuana sales become legal in Canada. Mike Farnworth says other outlets will follow the approved store in Kamloops, in British Columbia’s Interior. Farnworth says more cannabis shops will open in the coming months but there... Read More

With Oct. 17 days away, recreational cannabis landscape still hazy

With Oct. 17 days away, recreational cannabis landscape still hazy
TORONTO — Jimmy’s Cannabis will be opening its doors to the public for the first time on Oct. 17 —  but it’s still not clear whether there will be any pot products on its shelves. The Saskatchewan-based chain of recreational pot stores is one of 51 retailers to receive a store permit and is putting the finishing touches on two locations, which feature reclaimed barnwood... Read More

Non-medical cannabis worth $3.3 billion to Canada’s economy in 2016: StatCan

Non-medical cannabis worth $3.3 billion to Canada’s economy in 2016: StatCan
OTTAWA — The illegal production and consumption of non-medical cannabis was worth about $3.3 billion in 2016, according a Statistics Canada analysis of the underground economy. The agency generally hasn’t included illegal drugs and prostitution in the underground economy, but it has been providing more cannabis-related data ahead of Oct. 17, when recreational use of pot becomes legal in Canada. The agency estimated underground economic activity... Read More

Prior dispensary experience an asset and a risk for pot retail workers

Prior dispensary experience an asset and a risk for pot retail workers
TORONTO — A cannabis-related criminal past won’t necessarily disqualify someone from working at one of the soon-to-be open recreational pot shops across the country, but former dispensary workers’ knowledge and passion can be seen as both an asset and a risk, hiring managers say. Although the average Canadian consumer will likely need guidance on how to shop for pot, there... Read More

Expect ‘sold out’ signs at cannabis shops across the country, says Aphria

Expect ‘sold out’ signs at cannabis shops across the country, says Aphria
TORONTO — Licensed cannabis producer Aphria Inc. warned on Friday of product shortages in both brick-and-mortar stores and online sales portals across the country when recreational pot is legalized in a few days. There are “supply chain issues abounding everywhere with every LP,” said Aphria’s chief executive Vic Neufeld told analysts. “There will not be any complete satisfaction by any of the provincial regulators out of the box,” he... Read More

StatCan to get cannabis sales data to measure economic impacts, black market

StatCan to get cannabis sales data to measure economic impacts, black market
OTTAWA — About two-thirds of casual cannabis users say they didn’t spend a dime on the drug in the past three months, Statistics Canada reported Thursday as it provided the most detailed picture to date about Canadians spending habits ahead of legalization next week. The latest round of data from the agency’s cannabis survey shows more than 650,000, or 14 per cent,... Read More

Mastermind Toys launches free loyalty program; eyes expansion to smaller markets

Mastermind Toys launches free loyalty program; eyes expansion to smaller markets
TORONTO — Mastermind Toys is joining Canada’s crowded loyalty rewards space by launching its own plan. The Toronto-based retailer says the free program is available at all 63 store locations and at mastermindtoys.com. Benefits include sneak previews and alerts about new items, exclusive promotions, customized offers and surprise gifts to mark milestones like birthdays and holidays. The loyalty program follows the... Read More