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Returned product a hidden challenge for cannabis companies

TORONTO — Soon after cannabis products started flying off shelves following legalization, Canopy Growth Corp. had a $26.9 million problem. The Smiths Falls, Ont.-based company told investors and analysts during a November conference call to discuss its financial results that it was grappling with $20.5 million worth of product being …

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Cannabis Company Cancels Plans For Retail Store In Altona

A Calgary based company has dropped its plans to establish a retail cannabis store in Altona. Westleaf was going to set up a cannabis shop in Altona’s downtown commercial district, but a company spokesman says they’ve decided against the move. Adam Coates, the company’s chief commercial officer, said challenges connected …

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Should ‘Budtenders’ Be Standing In As Pharmacists?

Do the people on the front lines of the medical cannabis industry have the training they need to make accurate — and safe — recommendations to patients? According to a paper published in the Journal of General Internal Medicine last week, there is reason to be concerned about the expertise …

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Did BLK MKT cross the line?

Booth No. 709 drew a lot of attention during Lift & Co.’s recent Vancouver cannabis convention — not all of it good. The booth belonged to Kelowna’s BLK MKT cannabis brand. The name, itself a reference to weed’s legacy market, has already drawn some scorn. Now people are reacting to …

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Why this will be the decade of CBD

Increased education efforts by medical professionals and lowered prices will only continue to keep driving the industry up Think we’ve achieved some saturation point for all things cannabidiol (CBD)? Think again. The hemp-based CBD extract market will become a $2.25 to $2.75 billion industry in 2020, according to Nielsen projections. …

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Kamloops council approves 23rd cannabis store

But only seven are open, with 16 applicants still awaiting approval from the provincial government City council has approved a 23rd cannabis retailer for Kamloops, which is set to open in the Dallas area. But only seven shops have opened in the city since the federal government legalized recreational cannabis …

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