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Canadian veterinarians would like to be able to prescribe cannabis. Especially since several studies have demonstrated the benefits of cannabinoids in treating numerous health problems in animals. The Canadian Association of Cannabinoid Veterinary Medicine (CACVM) hopes to change that.

Excess cannabis inventory and the resulting price squeeze are putting pressure on producers of all sizes. As a result, large producers find themselves with large quantities of medium-quality cannabis in stock, while small producers struggle to differentiate their products in a saturated market.

According to a new report on federal government expenses, Health Canada collected more than $60 million in fees from the cannabis industry. This represents nearly half of its operating costs for the year.

Employees belonging to the Canadian Union of Public Employees (CUPE-FTQ) and SQDC have reached a five-year agreement. Employees at the 24 branches on strike will therefore be able to return to work in the coming weeks.

With cannabis legalization gaining ground and some 52 million consumers now in the country, it's the senior market that's seeing the strongest growth. 

Ohio becomes the 24th U.S. state to legalize cannabis, which means that 53% of the country's population now has access to cannabis. However, it remains illegal at federal level.

The administrative burden imposed on the industry, particularly on small growers and processors, is having a considerable negative impact on businesses in the sector, which are already struggling.

In the face of today's challenges, Canadian producers are increasingly looking to exporting their cannabis. In fact, according to Health Canada, cannabis exports are set to increase significantly in 2023-2023, with over a thousand applications already submitted.

The Association québécoise de l'industrie du chanvre et du cannabis would like to highlight the appointment of Suzanne Bergeron as head of the Société québécoise du cannabis (SQDC), and express its desire to continue working closely together to ensure the industry's long-term future.

According to a study by Montreal's public health department, the legalization of cannabis has not led to an increase in consumption among young people. Rather, it is among people aged 35 to 44 and those aged 55 and over that the increase is most noticeable.

"We're the only province in Canada to have seen a drop in sales of cannabis products over the past year. Not a drop in consumption, but in sales, and therefore in the capture of the illicit market. Legalization cannot succeed without a healthy industry. It's economically impossible."

Statement by our CEO, Pierre Leclerc, on the occasion of the 5th anniversary of the legalization of cannabis