Sales at Ontario's few pot stores robust on opening day, data shows

The handful of Ontario pot stores that opened on April 1 got off to a roaring start, although the strong sales are expected to ease off after a couple of weeks, according to data from Cova Software, a cannabis retail software provider.

Seven out of the 10 Ontario pot stores that opened recorded an average of $50,913 in sales and 867 transactions on their first day of business, according to Cova, which provided an aggregate sales figure for the retail stores that use their software.


Scarce retail weed shops means most Canadians still use black market pot

Squeezing out black markets is a key goal of cannabis legalization, writes Michael J. Armstrong. Legalization also lets governments tax cannabis production and consumption. Canada has achieved limited progress so far toward those potentially conflicting goals. But some provinces have made good starts.


Ontario brick-and-mortar cannabis shops open today

Today is the first day in Ontario that legal brick-and-mortar cannabis shops are opened but as of right now, it’s unknown how many of these shops are actually ready for business.

Recreational cannabis has been legal in Ontario since Canada legalized in October, but it’s so far only been available in the province online through the official provincial website. The Liberal provincial government had plans to open only government-run stores, but when a Conservative government was elected, they changed the plan so that privately-run stores could open.


All 25 Ontario pot shops won’t be ready to open April 1

Ontario’s first cannabis retail shops are set to open their doors next week, but some of the 25 licence holders are still wading through the lengthy approval process and might not be ready for business.

Stores that fail to open on Monday could face escalating penalties, but the Progressive Conservative government said it would not rush the vetting process.

“We’ll wait and see on April 1 how many open,” said Finance Minister Vic Fedeli. “There was prohibition for 100 years and we’re going to be in this business for 100 years. We will not rush into anything.”

Recreational cannabis can currently only be purchased legally in Ontario through a government-run website.


Canopy's Linton says Ontario's pot shop launch will 'be like Oct. 17'

With just over a week until bricks-and-mortar cannabis shops can open their doors in Ontario, the head of the world’s biggest cannabis company said the first day will “be like Oct. 17 all over again.”

Bruce Linton, co-CEO and chairman of Canopy Growth Corp. (WEED.TO), said he expects long lineups, parties and strong sales on April 1, the day that the province will allow licensed pot shops to officially open, more than six months after Canada legalized recreational use of the drug.


Strathroy pot producer set to become major player in cannabis market

A Strathroy, Ont.-based cannabis producer had secured financing from a major Canadian bank for an expansion that will make the company one of the largest pot producers in the country. 

Eve & Co. Incorporated has secured a $18.7 million loan to add an extra 1-million square feet to its facility west of London. 

When the greenhouse expansion is complete, the company will be able to boost production from 10,000 kg annually to 50,000 kg annually. 


Will Ontario cannabis shops be ready for April 1? For some owners it’s touch and go

When Clint Seukeran spotted the email revealing he would be among the first Ontarians to get the chance to open a cannabis store, he thought the missive was spam.

Then his brother took a peek and pointed out it was real.

“My first reaction was shock, but then I realized we have a lot of work to do,” said Seukeran, who owns a coconut water distribution company, but has never dabbled in the cannabis business.

“I knew I was a fish out of water.”

He quickly set to work, choosing a Brampton plaza for his Ganjika House store, but with under three weeks until opening day, he said finishing construction and hiring staff were still on his to-do list.


Greenline POS services The Niagara Herbalist, first licenced Ontario cannabis retailer

The Niagara Herbalist is the first licenced cannabis retailer in Ontario, and after careful consideration they have chosen Greenline POS as their compliant inventory management solution.

“We chose Greenline POS because their team had the most working knowledge about real life cannabis retail operations out of all the POS systems we looked at.”

– Kevin (co-owner of The Niagara Herbalist)

For new cannabis retailers, opening up shop can be an exciting but stressful time. Greenline POS is dedicated to helping stores every step along the way, from initial inspections all the way to the grand opening and beyond.


Edibles legalization fraught with hurdles, lack of clarity, companies say

From the classic pot brownie to cannabis-infused cotton candy, there is no shortage of options for edibles at an illicit dispensary in downtown Toronto.

Among the people lining up to browse and buy, one 34-year-old IT worker chooses gummy bears for what he says is his first-ever edibles purchase. The Toronto man, who did not want to be named, said he preferred edibles over smoking cannabis because he can avoid the pungent smell and partake indoors.

“These are more convenient,” he said, adding that among his friends who are cannabis users, half of them say edibles are their form of choice even though they aren’t legal in Canada yet.


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