Weed Business

Calyx Wellness Centre’s Roger B. measures out some RockStar Indica marijauna on Wednesday. Exploring the “grey area” of medical marijuana dispensaries A Toronto mother of three has opened up a medical marijuana shop on Parkdale’s main strip on Queen Street West and a passer-by wouldn’t even know it. Nestled between a...

Alberta liquor stores contemplating pot sales Even before Alberta Finance Minister Joe Ceci jokingly suggested retail pot sales go to liquor stores last week — which he quickly retracted — the Alberta Liquor Store Association says it was asking its members about the idea. “We started the conversation back...

Growing a thriving business requires branching out to find new contacts, including partners to work with and customers to sell to. Networking is key to making this possible. Attending hundreds of events and exchanging countless business cards may lead to a few fortuitous connections, but networking with a plan will...

When a new business opens its doors, it must quickly create a strong brand out of nothing. The clock is ticking, and most new entrepreneurs cannot afford to spend six months and thousands of dollars on “brand development.” This baby needs customers coming in the door — and fast. Here are five tips for building a...

The historic decision in the Allard case was a huge win for Canadian medical marijuana patients. And it may set the stage for the next big fight and hopefully another win for patients – the legalization and regulation of storefront dispensaries that are popular (and controversial) across the country. And they seem to...

Richard Branson talks about starting an empire in his early 20s and learning to take calculated risks. Through the decades, entrepreneur Richard Branson has not lost that certain wunderkind vibe about him and the way he runs his brand. This aura makes him especially inspiring to entrepreneurs who are looking to start...

Canada’s medical marijuana growers say a jump in the number of illegal marijuana dispensaries as the federal government decides how to regulate the drug is costing them customers. Prime Minister Justin Trudeau promised during last year’s election campaign that his Liberals would legalize recreational marijuana,...

When you work hard every single day and there’s only so much money left after your regular expenses, you have to make certain it’s well spent. Spend your limited funds on what science says will make you happy. The Paradox of Possessions A 20-year study conducted by Dr. Thomas Gilovich, a psychology professor at...

Legal pot startups brought in more than $200 million from investors last year, more than twice what they had in 2014. Legal marijuana is one of the fastest-growing industries in the United States, and last year a record number of startups made deals with venture capitalists eager to get in on the ground floor. VCs...

Traditional business advice isn’t always best served to small business owners. Don’t agree? Just ask any entrepreneur and you’ll likely find that what has worked for them doesn’t mimic the advice their large, big-box competitors may have followed. Keeping this in mind, consider the following tips aimed...