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Israeli tariffs on Canadian cannabis flower imports follow accusations of price dumping. Despite biased investigation findings, tariffs will be imposed. Canadian producers must adapt, considering new markets and strategies, while global trade protectionism reshapes the industry.

Canada's cannabis industry grapples with unpaid excise taxes, prompting government intervention like garnishing payments from wholesalers. This underscores wider industry challenges, with calls for a 10% flat tax to stabilize operations. Such measures aim to curb bankruptcies and foster growth, as businesses seek financial support akin to other sectors.

CanMar, a prominent figure in health, wellness, and plant-based medicine, has announced a strategic partnership with Canadian Cannabis Exchange (CCX) and Loud Lion Supply (LLS). This collaboration aims to enhance business opportunities and foster growth within the global cannabis industry by utilizing CCX's network for brokerage services and integrating LLS's equipment offerings into CanMar's community platform, The Hub.

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.

As we mark the 5th anniversary of legalization in Canada’s cannabis industry, it’s impossible to overlook the challenges faced by licensed producers.

Canadian licensed producers and processors can now access funding from the 3.5 billion CAD Sustainable Canadian Agricultural Partnership (CAP) program, aimed at boosting the competitiveness and resilience of the agriculture sector.

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.

Since its formation, The Canadian Cannabis Exchange (CCX) has...