Tag Archives: canada legalization

Tech Companies and Pot Producers Becoming Fast Friends

Growers and emerging ‘weed tech’ sector looking to grow profits together Marijuana plants require a lot of attention. This is one of thousands being monitored by high-tech sensors at the Beleave greenhouse in Burlington, Ont.  Recreational pot has been legal in Canada for just over a month but the pressure on cannabis producers to improve their […]

Cannabis Companies Are Paying Federal Taxes In Cash And It’s Giving The IRS A Headache

Marijuana is now legal, in one form or another, in 33 US states and the District of Columbia. To the federal government, pot is still a drug classified no differently than heroin or cocaine. Yet cannabis businesses are still required to pay federal taxes. (More taxes than most, as Quartz’s Ephrat Livni pointed out last year.) The government collected an […]

Cannabis Edibles, Drinks Will Mark ‘2nd wave’ of Legalization

Producers Developing New Products Ahead Of Next October In the weeks after legalization, cannabis companies are already looking ahead to 2019, when edible cannabis products are expected to become legal. (Submitted) Now that recreational cannabis is legal in Canada, producers are looking forward to what they’re calling the “second wave” of legalization — edibles, drinks and […]

Weed Woes: Canada Struggles to Meet Huge Demand for Legal Cannabis

Numerous stores dealing with empty shelves and disgruntled customers, with fears many consumers will turn to the black market. When Trevor Tobin opened one of Canada’s first legal cannabis stores last month, he had high hopes of playing a small part in a historic national experiment – and of making a tidy profit. Brimming with […]