Your dose of cannabis news for October 12 – 18.
Actress Kristen Bell has partnered with Toronto-based Cronos Group Inc. to release a line of CBD products, aimed at ‘redefining self care’.
The line, called Happy Dance, will focus on plant based oils and butters and will also be tested by a third party for heavy metals, pesticides, microbiological contaminants, etc.
Launching with bath and body products created using full spectrum hemp extract, 1% of the profits will also be donated to A New Way of Life Re-Entry Project, a Black-owned, LA-based org that helps women rebuild their lives after prison.
A new ruling from the Ontario superior court deems that cannabis stores must be located at least 150 metres from schools – as the crow flies.
This comes after Toronto retailer Sticky Nuggz filed an appeal with the courts on the Ontario Alcohol and Gaming Commission’s rejection of their application – claiming that their stores were 262 metres from the nearest school by walking distance.
The courts rejected this appeal and ordered the company to pay $45,000 in court costs. Ouch.
A new company out of California called Dad Grass is aiming to target consumers wary of getting ‘too high’.
The CBD pre rolls aim to offer a ‘sense of calm’ as well as pain relief and self care benefits. Co-founder Ben Starmer explains, “This is not just a pill you take with your daily vitamins. It’s an experience that enhances moments but also keeps you really clear, happy, and relaxed.”
The company’s marketing and branding is also spot on, with vintage suburban dad imagery and stash boxes that look like cassette tapes.
Alberta has lifted their limit on cannabis store ownership – which stated that ownership couldn’t go above 15% of the provinces total stores, and capped outlets by a single entity at 37.
The ALGC believes that the market is stable enough now to make a move to enhance competition and consumer choice.
In a recent report, the OCS (Ontario Cannabis Store) states that the legal market in Canada has reached a turning point in pricing.
For the first time, the average price of cannabis from the OCS is less than what you’d pay on the illicit market. The OCS hopes this is a turning point for the legal market to finally compete with illegal sales.