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Canadian pot prices rise 17% after legalization

weed vape

Canadian pot prices rise 17% after legalization


Canadian first-mover cannabis advantage at risk from fast-growing U.S. firms

Canadian pot companies are beginning to face a growing threat from their southern neighbours. Bloomberg reports that the global advantage Canadian pot companies have enjoyed is on shaky ground given domestic sales limitations and exclusion from the huge potential of the U.S. market, as some U.S. multi-state operators begin to gain ground.

That means Canadian licensed producers risk missing out on a market that’s estimated to be worth US$22 billion in legal spending by 2022. Canadian sales are forecast to reach US$3.8 billion by then.

Meanwhile, several Canadian firms have established international operations in Europe and South America, but that isn’t really a substitute for U.S. growth, according to one leading cannabis investment banker tells Bloomberg.

Aurora boosts the size of Alberta pot production facility by one-third

Aurora Cannabis may soon have the biggest pot production facility in the world. The company said Wednesday it is boosting the size of its Medicine Hat, Alta. high-tech Aurora Sun facility by one-third to 1.62 million square feet as the firm seeks to ramp up production amid growing global demand for medical cannabis.

The increased size would boost production to more than 230,000 kilograms of cannabis per year, Aurora said, adding it expects Aurora Sun to complete construction by the end of the year.

The average cost of a gram of Canadian pot up by 17 per cent: Statscan

A crowd-sourced survey compiled by Statistics Canada found that the cost of a legal gram of cannabis in Canada appears to be rising as illegal cannabis prices drop.

The data, which was compiled using 1,129 new submissions, 936 of which passed the editing and screening process, found that the average cost of dried cannabis has gone up by more than 17 per cent since legalization.

Canada’s national statistics agency said the unweighted average price per gram of dried cannabis from both legal and illegal sources combined was $8.04 post-legalization.

That legal price, which includes online and in-store purchases, amounts to approximately 17.3 per cent more than the pre-Oct. 17 price of $6.85 which included black market and medical marijuana pricing.

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Nevada State Governor has Declared a “state of emergency,” for running out of marijuana.

running out of marijuana

After only two weeks of marijuana being legally available in Nevada, the state has declared a state of emergency:

Their supply can’t meet demand and is running extremely low. Therefore, the issue lies
within the lack of the state of distributors who are licensed to sell marijuana.
Governor, Brian Sandoval, recently announced the state of emergency. So, it is allowing officials to
focus on new rules that could fix this problem before it gets worse, according to Fox News.
The Nevada Taxation Department stated that they are considering allowing select liquor stores to
sell and cash in on marijuana sales.

“Based on reports of adult-use marijuana sales already far exceeding the industry’s expectations
and the states 47 licensed retail locations and the reality that most stores are running out o inventory. As a result,  the Department must immediately address the lack of distributors,” the Department of
Taxation stated. “Some establishments report the need for delivery within the next 48-72 hours.”
The state underestimated the demand for adult-use medical marijuana. The state has 47 licensed
marijuana retail locations and each store are struggling to keep up with demand.

In November, liquor stores were given the opportunity to sell marijuana, moreover; devices like the
herbal vaporizer if they met a list of specific requirements.

Unfortunately, many of these establishments failed to meet the requests of the government. Therefore, officials stated that they are currently working with liquor wholesalers to help them meet the necessary requirements for

A spokesperson for the Department of Taxation released a statement, “We continue to work with
liquor wholesalers who have applied for distribution rights. However, a majority of these stores
have not yet met the current requirements to obtain a license. Therefore, many applicants have postponed
necessary inspections due to their facilities not being ready,” said a spokesperson from the USA

Dispensaries were originally only allowed to distribute retail medical marijuana. They also allowed distributing devices like the dry herb vaporizer. However, since then they have been given the right to sell marijuana recreationally as well. The problem is, these dispensaries can only purchase a product from a
licensed distributor, who are experiencing little to no supply.

The Department of Taxation stated that “Business owners have invested hundreds of millions of
dollars to set up facilities across the state,” they also noted “thousands of employees have been
hired and trained to meet market demand.”

If the distribution issued is not solved quickly, states will be unable to deliver product to the
consumer and many people will lose jobs.

The state of Nevada just recently joined Colorado, Oregon, Washington, and Alaska in allowing
adults the right to purchase and consume marijuana recreationally.

For an individual to purchase marijuana, they must be 21 or older and have a valid ID. So, each
the person can go to one of the states 47 dispensaries, moreover; purchase up to an ounce of marijuana.
Usage of the drug is also still restricted and it can only be smoked or consumed in a private domicile.
It cannot be used in public, at any hotel or casinos. Therefore, if you are caught using the drug in public you
can be charged with a $600 misdemeanor fine. Even if you are using a weed vaporizer.



Fox supply-running- low-state-
emergency-declared- governor-says.html
USA Today dispensaries-running-out- marijuana/461553001/
Cannabis Business times state-of-emergency/

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Marijuana in Canada is Changing: Here’s What You Should Know

The Marijuana Market in Canada, keeps Growing!

People have used marijuana for healing and medicinal purposes for hundreds of years. Even though modern medicine and science have made rapid progress in the last few decades, it seems that they still don’t have an answer to many questions that are bothering people today. For example, they are still far from finding a cure for cancer. That’s why more and more people are turning to alternative treatments and marijuana is one of them. According to the latest surveys, the marijuana market in Canada is growing every year. From cannabis products to weed vaporizer devices, people are more and more interested in marijuana-related products and accessories. Before we go into details and analyze the current situation on the marijuana market in Canada, let’s mention a few things about the status of this herb in the past.


An overview of the legalization of marijuana in Canada

Back in 1923, the Canadian authorities have decided to ban marijuana. (1) The first marijuana-based cigarettes were seized 9 years later. But, the first charge for possession of marijuana was laid in 1937. This means that even back then, the authorities didn’t view marijuana use as some sort of serious crime. Another important year for the status of marijuana in Canada is 1961 when Canada became part of the international treaty signed in the United Nations. This treaty that we now know as Single Convention on Narcotic Drugs has listed marijuana in the category of most restrictive drugs. This is when this drug became an internationally controlled substance. Even today, when marijuana is legalized in Canada, this treaty is still making problems for complete legalization.

In 1999, a comprehensive survey has confirmed that over 78% of Canadians support medical marijuana use. In 2001, Canada reveals the Marijuana Medical Access Regulations which made possession of medicinal marijuana legal. Finally, in April 2017 the Cannabis Act was introduced to Canadian Parliament. This act will legalize cannabis in every Canadian province for both medicinal and recreational use. Experts expect that this act will be passed and that marijuana will be completely legalized in Canada in 2018. Now, let’s analyze the situation of the marijuana market in Canada.


Canadian marijuana market – an overview

Abacus Data, a survey agency, has conducted a survey which included 1,500 adult Canadians. According to this survey, 84% of the participants that were older than 18 have never used marijuana in any form. On the other hand, just 5% of those 16% of Canadians that have used this herb said that they are using it on a daily basis. Finally, 3% said that they use it a few times per week. (2)

Of course, we should not base our opinion on just one survey and study. For instance, Deloitte has revealed a report in 2016 that suggested that about 22% of Canadians over 18 use cannabis once in a while. Based on this data, Deloitte believes that the market of marijuana for recreational use in Canada can reach around 8.7 billion dollars. If we add the supporting services the market can reach 22.6 billion dollars. Additionally, the survey conducted by Deloitte suggested that 17% of the participants said that they might want to try marijuana if this herb is completely legal. In other words, the potential marijuana market would include about 40% of the adults.

It is very difficult to make predictions based on assumptions. Due to the fact that marijuana is still not completely legal, many people have prejudices related to it. The process of legalization and the amount of evidence that has confirmed that marijuana can actually be beneficial for our health might change the public opinion about this natural remedy.


The rise of marijuana accessories

Another interesting topic related to the marijuana market is the marijuana use accessories. Namely, people in Canada can buy this kind of accessories freely for years now. The fact is that most of them stick to accessories that have proven to be effective when it comes to marijuana use. For instance, most people use a dry herb vaporizer that can be used for consumption of other herbs too. Dozens of companies in Canada have at least one weed vape model in their offer. Using an herbal vaporizer has proven to be a cleaner, safer and more efficient way of marijuana use especially when it comes to medical use. Some of these products are expensive, but they are worth the money. The other solution is to use pipes and bongs, but these accessories are very fragile.

When talking about the size of the marijuana market, it is worth highlighting the fact that the companies in Canada focused on cannabis have started creating different products based on this herb. For example, users can now find extracts, crystallized varieties of cannabis, wax and more.

The PBO has recently announced that their estimates are that Canadians will use between 400 and 1200 metric tons of marijuana by 2021. (3) The same report has pointed out that the quick legalization of cannabis for every kind of use could lead to shortages on the market. This change may affect the price of marijuana. Another indicator that this market will grow is the emergence of completely new companies in the marijuana industry. At the same time, existing companies that have worked for a few years now are investing in expansions. They are making huge facilities where they can grow marijuana legally. This is quite natural because the same thing happened in some US states before the legalization was official like Colorado. This market has become saturated after one year.


Final thoughts

If we take a closer look at the numbers and projections we can freely say that the legalization of marijuana in Canada will keep the marijuana market growing at least in the next few years. No one can predict how much marijuana and how many marijuana accessories will be sold, but this is a promising market. On top of that, modern science will make the use of marijuana more attractive by providing new solutions for the use of this herb and by offering new evidence related to the beneficial properties of cannabis.








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Vaping Weed: How to Smoke Dabs with a BC Weed Pen

New to the wonderful world of pre-loaded dab pens? Here’s how they work.

Dabbing is the biggest trend in cannabis culture right now, but what do you do if you can’t afford the lofty price of a dab rig? Or what if you like to take your weed on the go? (That’s pretty difficult to do with a huge glass dab station and a butane torch!) Good news: you can still get all the benefits of dabbing without the high price tag of the equipment—and you can easily take it on the go! Dab pens are your new best friend.


Most dab pens require all kinds of steps, like charging the battery before each use, buying the concentrate separately, loading up the concentrate to the correct level, priming the wick… but who wants to go to all that trouble? Here’s how to use your BC Weed Pen… all the benefits of dabbing without any of the hassles!


Take it Out of the Box

When your new dab pen arrives, you’ll simply have to take it out of the box. No charging required, and no separate purchase of concentrates or e-liquid. It’s as easy as that!


Admire Your New Dab Pen

You’ll notice that your BC Weed Pen has a discreet design that looks just like a regular e-cigarette. You can even choose from different colors depending on your personal style. Unlike with a normal dab rig or other weed equipment, no one will suspect that you have cannabis on you!


Take it On the Go

If you’re at home, if you’re traveling and staying in hotels or if you’re just walking down the street to the corner store, you can easily take your portable dab pen with you. Just carry it in your pocket—it’s small and lightweight enough. You won’t have to worry about making a mess, spilling on the floor or getting shatter on your furniture, you can’t burn a hole in your clothes on accident, and you won’t smell up your house or your hotel room!


Start Vaping Weed!

Wherever you are, you can go ahead and start smoking your new dab pen! Our odor-free vape smoke makes it possible to even smoke weed in public, and the discreet design is a bonus too!

The benefits of vaping weed are endless, and it’s even better when you use pre-loaded dab pens like BC Weed Pens. You don’t have to deal with the hassles of the other ways of smoking weed, and it’s super easy to travel and smoke discreetly. Shop here for top quality dab pens and you’ll be vaping weed like a pro in no time!