{"id":24675,"date":"2020-01-29T09:30:52","date_gmt":"2020-01-29T09:30:52","guid":{"rendered":"https:\/\/www.ceo-na.com\/?p=24675"},"modified":"2020-01-29T19:30:55","modified_gmt":"2020-01-29T19:30:55","slug":"stoned-the-cannabis-market-in-canada","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/opinion\/stoned-the-cannabis-market-in-canada\/","title":{"rendered":"Stoned: the cannabis market in Canada"},"content":{"rendered":"<p><span lang=\"en-US\">Cannabis edibles go on sale digitally this week via Ontario\u2019s online store, even though the market is far from flying.<\/span><!--more--><\/p>\n<p><span lang=\"en-US\">Cannabis edibles, extracts and topicals have been available for sale through the Ontario Cannabis Store\u2019s website since Monday.<\/span><\/p>\n<p><span lang=\"en-US\">A province\u2019s pot distributor says 70 new items tested by Health Canada can be purchased online.\u00a0<\/span>Among the new products are cannabis-infused chocolates, cookies, soft chews, mints, tea and vapes.<\/p>\n<p><span lang=\"en-US\">These products were made available in physical Ontario cannabis stores earlier this month.<\/span><\/p>\n<p><span lang=\"en-US\">Cannabis topicals, concentrates and beverages are expected to arrive in stores in future months as licensed producers ramp up their manufacturing capacity and introduce new products to the market.<\/span><\/p>\n<p><span lang=\"en-US\">OCS President Cal Bricker says he is hoping the expansion of products will help combat sales of cannabis through the underground market.<\/span><\/p>\n<p><span lang=\"en-US\">The Canadian market is still grappling with a severe shortage of retail outlets that has hampered the development of the legal pot market and allowed the black market to remain dominant, according to analysts and investors. Just last week, Statistics Canada released crowdsourced price data for the black and legal markets and found an average legal price in the third quarter of C$10.23 a gram, almost double the black market average price of C$5.59 a gram.<\/span><\/p>\n<p><span lang=\"en-US\">According to data, by the end of 2019, there were currently about 500 stores in all of Canada. By comparison, in the US, Denver alone has nearly 400 total dispensaries, including medical and recreational.<\/span><\/p>\n<p><span lang=\"en-US\">The first year of cannabis only allowed for flower and oils to be sold, with the launch of edibles and derivatives delayed. But even with Cannabis 2.0, nothing will change immediately as a company\u00a0that wants to market a new\u00a0product will have to register with Health Canada and give 60 days notice. Without the opportunity to market a wide selection of products, it will continue to be harder to compete with the black market.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cannabis edibles go on sale digitally this week via Ontario\u2019s  [&#8230;]<\/p>\n","protected":false},"author":2,"featured_media":24674,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53],"tags":[630,3209,3207,3208,99,98,1385],"class_list":["post-24675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinion","tag-cannabis","tag-cannabis-edibles","tag-cannabis-market","tag-cannabis-market-in-canada","tag-ceo","tag-ceo-north-america","tag-ceo-northam"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=24675"}],"version-history":[{"count":2,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24675\/revisions"}],"predecessor-version":[{"id":24678,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/24675\/revisions\/24678"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/24674"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=24675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=24675"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=24675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}