In this week’s cannabis industry news, Alberta’s retail cannabis regulator halts new retail licenses, Green Organic Dutchman enters into a new supply partnership, 40% of cannabis users reveal they drive stoned, and more!
AGLC halts new retail licenses due to cannabis supply shortages
Alberta’s retail cannabis regulator, Alberta Gaming Liquor and Cannabis (AGLC), claims to have received merely 20% of its cannabis orders since November 17th.
Cannabis shortages have been ongoing throughout all of Canada since legalization.
The AGLC had planned to fully stock 250 cannabis retail stores for 6 months upon legalization, but one month after October 17th it became evident that they’d only be receiving 20% of their orders.
Alberta Gaming Liquor and Cannabis is no longer accepting new cannabis retail license applications nor issuing any new licenses.
This suspension is temporary but Alberta Gaming Liquor and Cannabis has not determined when it will resume accepting new applications.
Those who have already begun the cannabis retail license application process are free to withdraw and will be refunded for any and all fee’s they’ve paid thus far if they decide to do so.
A poll by IPSOS shows one-third of Canadian cannabis users are buying pot illegally
Though one of the primary purposes of recreational cannabis legalization was putting a stop to the black market, things didn’t turn out exactly according to plan.
According to a poll conducted by IPSOS on Global News’s behalf, 35% of last months cannabis buyers went back to purchasing pot from the dealers they used to buy cannabis from before legalization.
Many people’s returns to the black market are due to legal cannabis shortages. Some people also claim legal cannabis is too expensive. Another factor to keep in mind is that edibles are not yet legal.
Though cannabis shortages are an issue, legalization is a huge change and a period of adjustment is needed for a transition process of this scale.
40% of Canadian cannabis-using drivers concede to driving while high
A survey conducted by the Canadian Government was released last Monday and shows that 40% of Canadian cannabis users that drive have operated their vehicles within two hours of using cannabis.
Canada Global News reported that 43% of the 40% of drivers that admitted to driving high have driven stoned since recreational use became legal. And 27% of the initial 40% had driven stoned within the last year.
The survey shows that the numbers haven’t altered in the past year, indicating that legalization has had no effect where stoned driving is concerned.
What has changed, though, is that there’s been an increase in the number of Canadians that admitted to driving stoned and drunk at the same time.
25% of the initial 40%of drivers that admitted to driving high have driven after having consumed both cannabis and alcohol. In 2017, that number was 15%.
Green House and Canopy Growth to collaborate on developing top cannabis seeds
Amsterdam is a major destination for pot smokers. Among the most famous coffeeshops in Amsterdam is Green House. Arjan Roskam, the owner of Green House, is collaborating with Canopy Growth.
Arjan Roskam’s focus was to look for the top cannabis strains throughout the world and use them to create premier seeds in his lab in Amsterdam, but now he is shifting his efforts to Canada.
He is going to bring his cannabis expertise to the table in his collaboration with Canopy Growth. The collaboration aims to develop champion cannabis seeds.
Green House is one of many top international cannabis companies and consultants making moves in Canada.
National Access Cannabis now has the highest store count of all private Canadian recreational cannabis retailers
Last Thursday it was announced that 8 of National Access Cannabis’s new NewLeaf Cannabis retail locations received retail licenses and one of their new Meta Cannabis Supply Co. received a cannabis retail license as well.
National Access Cannabis is now Canada’s private recreational cannabis retailer with the most stores, currently owning 17 licensed cannabis retail stores.
New supply partnership between Green Organic Dutchman and Velvet Managment
The Green Organic Dutchman and Velvet Managment have entered into a new partnership to sell and distribute cannabis products to cannabis and liquor boards in provinces throughout Canada.
Philippe Dandurand Wines, Canada’s top wine importer, founded Velvet Managment after legalization aiming to zero in on the marketing and sales of cannabis brands.
The Green Organic Dutchman is Velvet Management’s first cannabis partner.
Through the partnership, it is anticipated that The Green Organic Dutchman will have a strong entry point with the provincial liquor and cannabis boards throughout Canada.
With lingering cannabis supply shortages as well as exciting new collaborations, this week has definitely been a mixed bag of ups and downs for the cannabis industry. We can’t wait to see what’s next. Stay tuned!