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NewsGeorge Smitherman
Cannabis Regulatory: Looking Back – Looking Forward

Cannabis Regulatory: Looking Back – Looking Forward

Navigating the intricate web of cannabis regulations in Canada is no small feat, as demonstrated by the CCX report's findings. With government taxation and regulation being the top barriers to profitability for standard-size LPs, the importance of advocacy in our 2024 strategy cannot be overstated. As we brace for 2024, it's imperative to watch for key events, such as the 2024 Federal budget, the final report of the Cannabis Act Review (CAR), and forthcoming regulatory reforms, which hold the potential to shape the future of the cannabis industry.

NewsCanadian Cannabis Exchange
How Forest Fires are Shaping the Fate of Cannabis Cultivation

How Forest Fires are Shaping the Fate of Cannabis Cultivation

The devastating 2023 Canadian wildfire season poses significant challenges for cannabis cultivators, impacting outdoor operations with delayed growth, potential crop damage, and contamination risks, while indoor facilities face evacuation-related issues and power outages, all of which could lead to decreased yields for the industry.