Latest news with #recreational
BBC News
3 days ago
- General
- BBC News
Public invited to give views on Jersey cannabis policy
The government is asking people to have their say on Jersey's approach to recreational cannabis online survey has been launched alongside a focus group meeting to help the government inform on its approach to the current Class C States of Jersey made it possible in 2018 for islanders to be prescribed cannabis-based products for medicinal use, but decided not to decriminalise cannabis in June Minister for Health and Social Services Deputy Tom Binet said he would "encourage everyone to take a few minutes to have their say". He said: "We want to make sure islanders have the chance to share their views on recreational cannabis policy, and this survey is an important part of that. "Understanding public opinion will allow the Assembly to ensure that any future decisions are informed by the views of islanders."The consultation is open until Friday 11 July.
Globe and Mail
20-05-2025
- Business
- Globe and Mail
High Tide Opens Two New Canna Cabana Locations in Ontario and Alberta
CALGARY, AB , May 20, 2025 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 300 King George Road in Brantford, Ontario , will begin selling recreational cannabis products and consumption accessories for adult use on May 20, 2025 , and that its Canna Cabana retail cannabis store located at 722 85th Street SW in Calgary, Alberta , will begin selling recreational cannabis products and consumption accessories for adult use on May 23, 2025 . These openings bring High Tide's total store count to 199 Canna Cabana locations across Canada , 82 in the province of Ontario and 86 in the province of Alberta . BRANTFORD, ON LOCATION This former Tokyo Smoke location resides in the Brantford Commons shopping plaza, providing a strong foundation to serve a population of over 110,000 people. It marks Canna Cabana's first location in Brantford and benefits from major co-tenants, including multiple national grocery chains, two liquor stores, and a cinema. With relatively limited competition in the immediate area, this destination on the northeast end of Brantford is a prime location for Canna Cabana to establish itself as a leader in the town's cannabis market. WEST SPRINGS, AB LOCATION This new Canna Cabana retail store is located on the west end of Calgary along Old Banff Coach Road, strategically situated in a rapidly growing area surrounded by new and developing residential neighborhoods. The site is positioned within a bustling shopping plaza that includes prominent co-tenants such as a liquor store and a variety of fast-food restaurants. Notably, there are no competitors within a 4-kilometers radius of this new location—which encompasses a population of over 46,000 residents—offering the Company a strong opportunity for market capture and growth. "We continue to strategically reinvest our profits to expand High Tide's bricks-and-mortar footprint in markets where we see strong, long-term potential. Our newest stores in Brantford and Calgary are great examples of this approach in action. The Brantford location gives us a foothold in a well-established retail plaza with national co-tenants, while our West Springs store benefits from extremely favourable competitive demographics, with no direct competition for over four kilometers," said Raj Grover, Founder and Chief Executive Officer of High Tide. "Our team is working hard to accelerate our store rollout as we close in on the significant milestone of 200 Canna Cabana locations across Canada . We have many more exciting, organically sourced locations currently under construction, which we look forward to announcing throughout the remainder of the calendar year." added Mr. Grover. ABOUT HIGH TIDE High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant and is the second-largest cannabis retailer globally by store count 1. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including: Bricks & Mortar Retail: Canna Cabana™ is the largest cannabis retail chain in Canada , with 199 current locations spanning British Columbia , Alberta , Saskatchewan , Manitoba , Ontario and growing. In 2021, Canna Cabana became the first cannabis discount club retailer in the world. Retail Innovation: Fastendr™ is a unique and fully automated technology that employs retail kiosks to facilitate a better buying experience through browsing, ordering and pickup. Consumption Accessories: High Tide operates a suite of leading accessory e-commerce platforms across the world, including and Brands: High Tide's industry-leading and consumer-facing brand roster includes Queen of Bud™, Cabana Cannabis Co™, Daily High Club™, Vodka Glass™, Puff Puff Pass™, Dopezilla™, Atomik™, Hue™, Evolution™ and more. CBD: High Tide continues to cultivate the possibilities of consumer CBD through and Wholesale Distribution: High Tide keeps that cannabis category stocked with wholesale solutions via Valiant™. Licensing: High Tide continues to push cannabis culture forward through fresh partnerships and license agreements under the Famous Brandz™ name. High Tide consistently moves ahead of the currents, having been named one of Canada's Top Growing Companies by the Globe and Mail's Report on Business in 2024 for the fourth consecutive year and was recognized as a top 50 company by the TSX Venture Exchange in 2022, 2024 and 2025. High Tide was also ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023. To discover the full impact of High Tide, visit For investment performance, don't miss the High Tide profile pages on SEDAR+ and EDGAR. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. _____________________________ 1 As reported by ATB Capital Markets based on store counts as of February 6, 2025 CONTACT INFORMATION Media Inquiries Carter Brownlee Communications and Public Affairs Advisor High Tide Inc. cbrownlee@ 403-770-3080 Investor Inquiries Vahan Ajamian Capital Markets Advisor High Tide Inc. vahan@ CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This press release may contain "forward-looking information" and "forward-looking statements within the meaning of applicable securities legislation. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements herein include, but are not limited to, statements regarding: the timing of our new locations beginning to sell recreational cannabis products and consumption accessories for adult use, the expected benefits of the store locations, the level of competition in the area, and our commitment to opening the number of future stores on the timeline indicated herein. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. Although the Company believes that the expectations reflected in these statements are reasonable, such statements are based on expectations, factors, and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including but not limited to the risk factors discussed under the heading "Non-Exhaustive List of Risk Factors" in Schedule A to our current annual information form, and elsewhere in this press release, as such factors may be further updated from time to time in our periodic filings, available at and which factors are incorporated herein by reference. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise, or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
Forbes
10-05-2025
- Health
- Forbes
Pennsylvania House Passes Recreational Cannabis Legalization Bill
The Pennsylvania House of Representatives this week approved legislation to legalize recreational cannabis, nine years after the state legalized medical marijuana. The bill, known as the Cannabis Health and Safety Act (HB 1200), was approved by the House on Wednesday by a vote of 102-101. If approved by the Pennsylvania Senate and signed into law by Democratic Gov. Josh Shapiro, the bill would legalize the use of cannabis for adults age 21 and older. The legislation would also legalize sales of recreational marijuana through state-run cannabis dispensaries, a provision not seen in other states that have legalized the drug for use by adults. HB 1200 was introduced on Sunday by Democratic Reps. Rick Krajewski and Dan Frankel. The legislation was then quickly approved by two House legislative committees and was approved on first reading by the full chamber on Tuesday. House lawmakers approved the measure again on third reading on Wednesday, sending it to the Pennsylvania Senate for consideration, Marijuana Moment reported this week. The bill would decriminalize cannabis possession until regulated sales of recreational marijuana begin. During that time, possession of up to 30 grams of cannabis would be punishable as a summary offense, carrying a fine of up to $250. Once regulated sales begin, adults would be permitted to possess just over 42 grams of marijuana (about 1.5 ounces) and up to 5 grams of cannabis concentrates without penalty. The legislation also includes provisions for limited home cannabis cultivation by adults who pay a fee of $100 per year. 'The reality is criminalization of cannabis does not work. It does not deter usage, it does not promote safety, and it is not in the best interest of our commonwealth,' Krajewski told his colleagues on the House floor. 'With legalization, we have the opportunity to rein in a market that is completely deregulated in terms of potency, content. labeling or advertising. We can promote public health, while also bringing in hundreds of millions of dollars that can be directed to communities hit the hardest by past criminalization.' Acknowledging that Pennsylvania 'is late to the game in terms of legalizing cannabis,' Krajewski said the delay has allowed lawmakers the chance to see what has worked in other states that have legalized recreational marijuana. He added that HB 1200 features a 'hybrid' regulatory model that provides for cannabis production to be carried out by private companies while retail sales would be restricted to state-run dispensaries operated by the Pennsylvania Liquor Control Board. Krajewski characterized the model as a 'bold new approach' that will bring economic benefits to the state while avoiding the 'naked greed' of large cannabis businesses seen in other states. 'Massive multi-state cannabis companies have leveraged their existing medical and recreational footprints to control entire swaths of newly emerging recreational markets,' he said. Pennsylvania State capitol building in Harrisburg. LightRocket via Getty Images 'Where states have tried to level the playing field of social equity guidelines, those states have been terrorized with industry lawsuits,' Krajewski continued. 'This naked greed has led to near impossible conditions for small entrepreneurs to successfully compete in cannabis, enterprising business owners—many of whom are formerly incarcerated due to cannabis related offenses—were sold a fake gold rush dream by predatory investors when social equity businesses failed due to the volatility of a new market and aggressive multi-state operators, private equity was ready to swoop in and seize the remains.' Not all cannabis reform advocates, however, are sold on the concept of state-run weed shops. 'There are many provisions in this bill that we commend. It would stop criminalizing people for using cannabis and prevent families from being torn apart and lives being ruined because adults choose to relax with cannabis,' Karen O'Keefe, director of state policies for the Marijuana Policy Project, said in a statement from the cannabis policy reform group. 'However, we have serious concerns about the viability of a state-run stores model due to federal law. No other state operates cannabis businesses this way, and for good reason. State cannabis laws must be carefully crafted to ensure they are workable in the face of federal prohibition.' To become law, HB 1200 must be approved by the Republican-led Pennsylvania Senate. Although passage in the upper house of the Pennsylvania legislature may be a hard sell, GOP Sen. Gene Yaw told The Standard-Journal that prohibition 'has not turned out well' in American history. 'It makes sense that we regulate it the way we have done with alcohol and gambling, and tax it and do the best that we can in that regard,' Yaw said about cannabis. 'For us to bury our head in the sand and say that just because we have not legalized it that we are somehow preventing things like that from happening just makes no sense.'
