StratCann · Page 22

Quebec cannabis business facing excise challenges
Nov 21, 2024, 10:05 am By Staff
Quebec cannabis business QcGoldtech, connected to former Montreal police chief Yvan Delorme, owes more than half a million dollars in unpaid taxes, reports The Montreal... The post Quebec cannabis business facing excise challenges appeared first on StratCann.

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Herbal Dispatch sees year-over-year growth driven by increased domestic sales, exports
Nov 20, 2024, 11:58 pm By David Brown
Herbal Dispatch brought in $3.3 million in gross revenue and $2.7 in net revenue for the three months ended September 30, 2024 (Q3 2024), for... The post Herbal Dispatch sees year-over-year growth driven by increased domestic sales, exports appeared first on…

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Alberta sold $673.5 million worth of cannabis in 2023-2024
Nov 20, 2024, 11:47 pm By David Brown
The AGLC brought in $63.9 million in net revenue from $673.5 million worth of cannabis sold in the province for the year ended on March... The post Alberta sold $673.5 million worth of cannabis in 2023-2024 appeared first on StratCann.

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Atikameksheng Anishnawbek seeks negotiations with Ontario on retail cannabis
Nov 20, 2024, 1:41 pm By David Brown
Ontario NDP MPP France Gélinas urges provincial response on Atikameksheng Anishnawbek's request for retail cannabis negotiations during Bill 223 debate. The post Atikameksheng Anishnawbek seeks negotiations with Ontario on retail cannabis appeared first on…

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Two Chinese nationals in UK jailed for importing cannabis from Canada in “significant criminal enterprise”
Nov 20, 2024, 1:11 pm By David Brown
Two Chinese students were jailed in the UK for their part in a conspiracy to import cannabis from Canada. The post Two Chinese nationals in UK jailed for importing cannabis from Canada in “significant criminal enterprise” appeared first on StratCann.

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CRA has written off nearly $5 million in cannabis excise tax
Nov 20, 2024, 11:50 am By David Brown
The Canada Revenue Agency has written off nearly $5 million worth of excise tax on cannabis as uncollectable, as of September 21, 2024. The post CRA has written off nearly $5 million in cannabis excise tax appeared first on StratCann.

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Police in Quebec seize hash, cannabis, kief in record raid
9:46pm By Morton Robertson
Police in Blainville, Quebec say they seized more than 32 kg of cannabis, 37 kg of hashish and 57 kg of kief, along with hash-making... The post Police in Quebec seize hash, cannabis, kief in record raid appeared first on StratCann.

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Ontario cannabis retailer fined $100,000 for illegal “data deals”
7:59pm By David Brown
A cannabis retailer in Ontario will have to pay a $100,000 fine for pursuing and accepting prohibited payments from licensed cannabis producers. The post Ontario cannabis retailer fined $100,000 for illegal “data deals” appeared first on StratCann.

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Police need help identifying suspect related to cannabis store robberies in Edmonton, Calgary
4:36pm By Morton Robertson
Calgary police seek public assistance to identify a suspect involved in multiple cannabis store robberies in Calgary and Edmonton. The suspect, described as a male... The post Police need help identifying suspect related to cannabis store robberies in…

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Noya Holdings seeking approval of $3.8 million stalking horse deal, extension of stay of proceedings
4:16pm By Sarah Clark
Following filing for creditor protection earlier this month, Noya Holdings Inc. and Noya Cannabis Inc. are seeking approval of a stalking horse deal for approximately... The post Noya Holdings seeking approval of $3.8 million stalking horse deal, extension of…

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Ontario introduces legislation that would impose new penalties for advertising and promoting illegal cannabis
Mon 5:04pm By David Brown
Ontario proposed legislation to combat illegal cannabis sales by prohibiting advertising and promotion of illicit cannabis under provincial law. The post Ontario introduces legislation that would impose new penalties for advertising and promoting illegal…

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Cannabis industry takes steps to manage Canada Post strike
Mon 8:00am By David Brown
Following a strike announcement by the union representing Canada Post workers, cannabis companies in Canada say they are taking steps to ensure customers can still... The post Cannabis industry takes steps to manage Canada Post strike appeared first on…

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BC seeks forfeiture of 6 properties it says are connected to illicit cannabis
Nov 17, 2024, 4:10 pm By Sarah Clark
The BC Government is seeking to seize six properties they say are connected to the proceeds of illicit cannabis production. The post BC seeks forfeiture of 6 properties it says are connected to illicit cannabis appeared first on StratCann.

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Week in Weed – November 16, 2024
Nov 16, 2024, 7:20 am By Staff
StratCann’s weekly round-up of cannabis industry news for the week ending November 16, 2024. The post Week in Weed – November 16, 2024 appeared first on StratCann.

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Police in Quebec search properties, make arrests in connection to illicit cannabis
Nov 15, 2024, 8:12 pm By Morton Robertson
The Sûreté du Québec's Cannabis Smuggling Investigation Service, in collaboration with the Québec City Police Department, conducted searches on the morning Thursday, November 14 in... The post Police in Quebec search properties, make arrests in connection…

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Law firm says SQDC broke provincial rules with “rotating” SKU pricing
Nov 15, 2024, 6:10 pm By David Brown
A law firm in Quebec has modified an application for a class action suit against the Société québécoise du cannabis (SQDC) relating to how the... The post Law firm says SQDC broke provincial rules with “rotating” SKU pricing appeared first on StratCann.

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CBSA seizes 40 kg of cannabis destined for UK
Nov 15, 2024, 2:20 pm By Morton Robertson
The Canada Border Services Agency (CBSA) found approximately 40 kilograms of cannabis concealed inside the luggage of a man scheduled to fly to London, UK,... The post CBSA seizes 40 kg of cannabis destined for UK appeared first on StratCann.

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Kingston police seize large quantity of cannabis from unlicensed store
Nov 15, 2024, 1:03 pm By Morton Robertson
Police in Kingston, Ontario, executed a search warrant at an unlicensed cannabis store on November 13, 2024, seizing a large quantity of cannabis products and... The post Kingston police seize large quantity of cannabis from unlicensed store appeared first on…

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BC Gov seeks to seize two properties they say are connected to cannabis trafficking
Nov 15, 2024, 12:55 pm By David Brown
The BC Government filed a civil lawsuit in the BC Supreme Court on November 12 against a Kelowna business they say was purchased with and... The post BC Gov seeks to seize two properties they say are connected to cannabis trafficking appeared first on…

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Avicanna reports $6.3 million in net revenue and decreasing losses in Q3 2024
Nov 15, 2024, 12:14 pm By Sarah Clark
Avicanna Inc. reported net revenues of $6.3 million at the end of Q3 2024, with a comprehensive loss of $922,077, down from a loss of... The post Avicanna reports $6.3 million in net revenue and decreasing losses in Q3 2024 appeared first on StratCann.

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