The Globe mapped Canadian REC retailers and discovered there are 0.8 stores for every 100,000 Canadians, compared with Colorado, where there are 10 per 100,000 residents. Newfoundland has 4.8 stores per 100,000 residents, and Alberta has 2.4. In order to meet demand, most provinces would need more than 3,000 more REC stores.
- Major urban centres have the starkest shortages.
- Statistics Canada is working with provincial cannabis bodies to get more thorough statistical data from REC retailers.
Bloomberg
Quick Hits
- Vaporizer-maker PAX Labs announced a partnership with Aphria, Aurora, Organigram, and Supreme Cannabis to offer their products in pods compatible with the PAX Era vaporizer.
NewsWire - POPCANN is a Toronto start-up whose product is mobile, regulatorily compliant cannabis stores, contained within a trailer and transportable to northern communities as well as to events like music festivals.
NewsWire - Former executive director of the Colorado Department of Revenue Barbara Brohl said tax revenues from cannabis have been in steady decline since legalization and warned Canadians not to expect cannabis taxes to provide endless funds. However, she added, consumers in Colorado have proven they’d rather buy from regulated producers and sellers than from the unlicensed market—which has been forced out of state.
Bloomberg
