Title: "Snow/Wind, with a high of 37F and a low of 31F"
Description:
Location:
Starts: December 31, 2019 at 12:00AM
Ends: January 1, 2020 at 12:00AM
https://ift.tt/2QbySPN
via IFTTT
Tuesday 31 December 2019
"Snow/Wind, with a high of 37F and a low of 31F" starts December 31, 2019 at 12:00AM
Re:bulletproof SMTP/https cpanel/admin RDP
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Monday 30 December 2019
"AM Rain/Wind, with a high of 47F and a low of 34F" starts December 30, 2019 at 12:00AM
Title: "AM Rain/Wind, with a high of 47F and a low of 34F"
Description:
Location:
Starts: December 30, 2019 at 12:00AM
Ends: December 31, 2019 at 12:00AM
https://ift.tt/36bijJo
via IFTTT
Sunday 29 December 2019
"Rain/Wind, with a high of 38F and a low of 36F" starts December 29, 2019 at 12:00AM
Title: "Rain/Wind, with a high of 38F and a low of 36F"
Description:
Location:
Starts: December 29, 2019 at 12:00AM
Ends: December 30, 2019 at 12:00AM
https://ift.tt/2SHku3o
via IFTTT
Saturday 28 December 2019
"AM Clouds/PM Sun, with a high of 39F and a low of 34F" starts December 28, 2019 at 12:00AM
Title: "AM Clouds/PM Sun, with a high of 39F and a low of 34F"
Description:
Location:
Starts: December 28, 2019 at 12:00AM
Ends: December 29, 2019 at 12:00AM
https://ift.tt/2Q3Sjdp
via IFTTT
Friday 27 December 2019
"AM Showers, with a high of 47F and a low of 33F" starts December 27, 2019 at 12:00AM
Title: "AM Showers, with a high of 47F and a low of 33F"
Description:
Location:
Starts: December 27, 2019 at 12:00AM
Ends: December 28, 2019 at 12:00AM
https://ift.tt/2tYaKb3
via IFTTT
Thursday 26 December 2019
"PM Showers, with a high of 39F and a low of 39F" starts December 26, 2019 at 12:00AM
Title: "PM Showers, with a high of 39F and a low of 39F"
Description:
Location:
Starts: December 26, 2019 at 12:00AM
Ends: December 27, 2019 at 12:00AM
https://ift.tt/37bAzCF
via IFTTT
Wednesday 25 December 2019
"Cloudy, with a high of 38F and a low of 35F" starts December 25, 2019 at 12:00AM
Title: "Cloudy, with a high of 38F and a low of 35F"
Description:
Location:
Starts: December 25, 2019 at 12:00AM
Ends: December 26, 2019 at 12:00AM
https://ift.tt/2ESQIAQ
via IFTTT
Tuesday 24 December 2019
"Partly Cloudy, with a high of 34F and a low of 32F" starts December 24, 2019 at 12:00AM
Title: "Partly Cloudy, with a high of 34F and a low of 32F"
Description:
Location:
Starts: December 24, 2019 at 12:00AM
Ends: December 25, 2019 at 12:00AM
https://ift.tt/2QgQvfT
via IFTTT
Monday 23 December 2019
"Partly Cloudy, with a high of 45F and a low of 28F" starts December 23, 2019 at 12:00AM
Title: "Partly Cloudy, with a high of 45F and a low of 28F"
Description:
Location:
Starts: December 23, 2019 at 12:00AM
Ends: December 24, 2019 at 12:00AM
https://ift.tt/34LEd4t
via IFTTT
Sunday 22 December 2019
"Sunny, with a high of 41F and a low of 35F" starts December 22, 2019 at 12:00AM
Title: "Sunny, with a high of 41F and a low of 35F"
Description:
Location:
Starts: December 22, 2019 at 12:00AM
Ends: December 23, 2019 at 12:00AM
https://ift.tt/2Q9zO63
via IFTTT
Saturday 21 December 2019
"AM Clouds/PM Sun, with a high of 35F and a low of 32F" starts December 21, 2019 at 12:00AM
Title: "AM Clouds/PM Sun, with a high of 35F and a low of 32F"
Description:
Location:
Starts: December 21, 2019 at 12:00AM
Ends: December 22, 2019 at 12:00AM
https://ift.tt/2ZdtGho
via IFTTT
Friday 20 December 2019
"Mostly Sunny, with a high of 24F and a low of 22F" starts December 20, 2019 at 12:00AM
Title: "Mostly Sunny, with a high of 24F and a low of 22F"
Description:
Location:
Starts: December 20, 2019 at 12:00AM
Ends: December 21, 2019 at 12:00AM
https://ift.tt/2PEXUqg
via IFTTT
Thursday 19 December 2019
"AM Snow Showers, with a high of 22F and a low of 18F" starts December 19, 2019 at 12:00AM
Title: "AM Snow Showers, with a high of 22F and a low of 18F"
Description:
Location:
Starts: December 19, 2019 at 12:00AM
Ends: December 20, 2019 at 12:00AM
https://ift.tt/36LQ43O
via IFTTT
Wednesday 18 December 2019
"Snow Showers/Wind, with a high of 27F and a low of 8F" starts December 18, 2019 at 12:00AM
Title: "Snow Showers/Wind, with a high of 27F and a low of 8F"
Description:
Location:
Starts: December 18, 2019 at 12:00AM
Ends: December 19, 2019 at 12:00AM
https://ift.tt/2sFn92C
via IFTTT
Tuesday 17 December 2019
"AM Snow Showers, with a high of 33F and a low of 25F" starts December 17, 2019 at 12:00AM
Title: "AM Snow Showers, with a high of 33F and a low of 25F"
Description:
Location:
Starts: December 17, 2019 at 12:00AM
Ends: December 18, 2019 at 12:00AM
https://ift.tt/2Z1UP6P
via IFTTT
Monday 16 December 2019
Fwd: Ontario is finally abandoning its cannabis retail lottery system and that could be good news for investors
This is probably huge for Walmart in Ontario
Sent from AOL Mobile Mail
Get the new AOL app: mail.mobile.aol.com
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On Monday, 16 December 2019, Financial Post & The Growth Op <newsletters@lists.financialpost.com> wrote:
View this email in your browser What you need to know for the week of Dec. 16, 2019
- Hexo Corp. will report earnings on Dec. 16.
- A cannabis networking event for women will take place on Dec. 16 in Hamilton, Ont.
- Toronto Lawyers Association will host a session on "the new cannabis regulations and how they'll impact your practice" on Dec. 17.
Ontario to open up cannabis retail system starting in January
BY VANMALA SUBRAMANIAM
The government of Ontario has announced it will abandon the current lottery system for cannabis retail and move towards an open licensing system beginning January 2020 that will see the removal of a cap on the number of private cannabis stores across the province.
The Alcohol and Gaming Commission of Ontario (AGCO), the provincial regulatory body that is in charge of the cannabis retail system will begin accepting operator licence applications from prospective retailers on Jan. 6, 2020, followed by store authorization applications on March 2, 2020.
Store authorizations will be issued starting in April, at a rate of approximately 20 a month, similar to the pace in which Alberta awards cannabis store licences. By the end of 2020, there could be close to 250 stores across the province.
The government will also eliminate pre-qualification requirements for prospective retailers. The second cannabis lottery required that applicants secure leases and provide a letter of credit from a financial institution proving they had a loan of at least $250,000.
The government announcement also confirmed licensed producers will be allowed to participate in the retail market by opening a single store at one of their facilities.
"In response to the federal government's decision to legalize cannabis, our government is determined to open the cannabis market as responsibly as possible," said Attorney General Doug Downey. "We have said all along that opening more legal stores is the most effective way to combat the illicit market, protect our kids and keep our communities safe. That is our number one priority."
Cal Bricker, the CEO of the Ontario Cannabis Store, welcomed the news, saying his agency was "ready to implement" the open licensing decision and will work closely with the AGCO to establish a "robust network of authorized retail stores across the province."
The announcement is bound to reinvigorate investor confidence in cannabis companies, which has been waning partly because of limited accessibility in Ontario that has, to date, just 24 stores. Licensed producers — many of which have experienced declining revenues and are sitting on a pile of cannabis inventory — are banking on the creation of hundreds of new retail outlets to boost cannabis sales.
In a Friday morning note to clients, Bank of Montreal analyst Tamy Chen estimated that current industry sales volumes could increase by 35 per cent, excluding incremental contribution from cannabis 2.0 sales. Her prediction is based on a scenario where Ontario opens a total of 325 stores throughout 2020.
"While more stores in Ontario would drive revenue growth for the industry, we believe some of the larger LPs could benefit more, particularly ones with significant inventory and recent top-line deceleration like Canopy, Aurora and Organigram," she wrote.
CIBC's cannabis analyst John Zamparo, however, expressed some caution about the open market system, noting the magnitude of the announcement was "more modest compared to our expectations and those of many industry participants we have spoken to."
"Though initial market reaction may be supportive, we believe current aggregate consensus among producers remains difficult to achieve," he wrote, in a note to clients late Thursday evening.
Zamparo pointed out that although the 250 store target is 10 times the current retail footprint, it represents just 185 new stores beyond what had already been announced, and much fewer than Alberta's current store count of 326 stores.
Ontario used a lottery system to award the first 67 licences, with eight licences allocated to First Nations groups. The lottery process was plagued with issues and even resulted in a lawsuit filed against the AGCO by 11 people who were disqualified from the process, one which was ultimately dismissed.
Because of the limited number of licences, the lottery process generated a feeding frenzy of sorts, with big name licensed producers and retail chains rushing to craft deals — sometimes worth millions — with lottery winners in order to enter Ontario's retail market in some way.
The new rules will limit retail operators to own a maximum of 10 stores currently, a cap that will increase to 30 by Sept. 2020 and 75 by Sept. 2021, giving cannabis retail chains like Fire & Flower, and Meta Cannabis Supply Co. an opportunity to significantly expand their footprint in Ontario.
"We see Fire and Flower as being a large beneficiary [of this announcement] with already 15 strategic lease locations in high traffic areas (mainly in Toronto) ready to go," wrote Justin Keywood, an analyst at Stifel Financial Corp.
Meanwhile, numerous would-be cannabis operators, who did not obtain a licence in the lottery process, have continued to pay into commercial leases on a monthly basis, while awaiting the provincial government to open up the licensing process.
Sasha Soeterik, who runs Bellwoods Coffee and Gelato in downtown Toronto, has spent almost $120,000 over the past one year paying into a 5-year commercial lease while waiting on the Ontario government to open up the cannabis retail market.
"I feel real joy over the chance to actually put an application in. This is great news," she said in an interview with the Post on Friday morning.
"I mean, I don't think this is a slam dunk victory because there is still a cap of 20 licences per month, but at least now we know we can apply as an operator in January and the AGCO will let us know by March, what our chances are in getting a store authorization. There's so much more clarity."
Financial Post
- CFIB applauds province's plan to scrap Ontario cannabis retail store lottery system
- Alberta poised to be a cannabis fine-dining destination
- 'Building a new industry from scratch is hard': Cannabis firms brace for more spilled blood in 2020
- Israeli researchers create protocol for cannabinoid-based treatments for seniors
- Canada's public health approach is working for cannabis. Let's do the same for opioids
Fwd: Ontario is finally abandoning its cannabis retail lottery system and that could be good news for investors
Sent from AOL Mobile Mail
Get the new AOL app: mail.mobile.aol.com
Get the new AOL app: mail.mobile.aol.com
On Monday, 16 December 2019, Financial Post & The Growth Op <newsletters@lists.financialpost.com> wrote:
View this email in your browser What you need to know for the week of Dec. 16, 2019
- Hexo Corp. will report earnings on Dec. 16.
- A cannabis networking event for women will take place on Dec. 16 in Hamilton, Ont.
- Toronto Lawyers Association will host a session on "the new cannabis regulations and how they'll impact your practice" on Dec. 17.
Ontario to open up cannabis retail system starting in January
BY VANMALA SUBRAMANIAM
The government of Ontario has announced it will abandon the current lottery system for cannabis retail and move towards an open licensing system beginning January 2020 that will see the removal of a cap on the number of private cannabis stores across the province.
The Alcohol and Gaming Commission of Ontario (AGCO), the provincial regulatory body that is in charge of the cannabis retail system will begin accepting operator licence applications from prospective retailers on Jan. 6, 2020, followed by store authorization applications on March 2, 2020.
Store authorizations will be issued starting in April, at a rate of approximately 20 a month, similar to the pace in which Alberta awards cannabis store licences. By the end of 2020, there could be close to 250 stores across the province.
The government will also eliminate pre-qualification requirements for prospective retailers. The second cannabis lottery required that applicants secure leases and provide a letter of credit from a financial institution proving they had a loan of at least $250,000.
The government announcement also confirmed licensed producers will be allowed to participate in the retail market by opening a single store at one of their facilities.
"In response to the federal government's decision to legalize cannabis, our government is determined to open the cannabis market as responsibly as possible," said Attorney General Doug Downey. "We have said all along that opening more legal stores is the most effective way to combat the illicit market, protect our kids and keep our communities safe. That is our number one priority."
Cal Bricker, the CEO of the Ontario Cannabis Store, welcomed the news, saying his agency was "ready to implement" the open licensing decision and will work closely with the AGCO to establish a "robust network of authorized retail stores across the province."
The announcement is bound to reinvigorate investor confidence in cannabis companies, which has been waning partly because of limited accessibility in Ontario that has, to date, just 24 stores. Licensed producers — many of which have experienced declining revenues and are sitting on a pile of cannabis inventory — are banking on the creation of hundreds of new retail outlets to boost cannabis sales.
In a Friday morning note to clients, Bank of Montreal analyst Tamy Chen estimated that current industry sales volumes could increase by 35 per cent, excluding incremental contribution from cannabis 2.0 sales. Her prediction is based on a scenario where Ontario opens a total of 325 stores throughout 2020.
"While more stores in Ontario would drive revenue growth for the industry, we believe some of the larger LPs could benefit more, particularly ones with significant inventory and recent top-line deceleration like Canopy, Aurora and Organigram," she wrote.
CIBC's cannabis analyst John Zamparo, however, expressed some caution about the open market system, noting the magnitude of the announcement was "more modest compared to our expectations and those of many industry participants we have spoken to."
"Though initial market reaction may be supportive, we believe current aggregate consensus among producers remains difficult to achieve," he wrote, in a note to clients late Thursday evening.
Zamparo pointed out that although the 250 store target is 10 times the current retail footprint, it represents just 185 new stores beyond what had already been announced, and much fewer than Alberta's current store count of 326 stores.
Ontario used a lottery system to award the first 67 licences, with eight licences allocated to First Nations groups. The lottery process was plagued with issues and even resulted in a lawsuit filed against the AGCO by 11 people who were disqualified from the process, one which was ultimately dismissed.
Because of the limited number of licences, the lottery process generated a feeding frenzy of sorts, with big name licensed producers and retail chains rushing to craft deals — sometimes worth millions — with lottery winners in order to enter Ontario's retail market in some way.
The new rules will limit retail operators to own a maximum of 10 stores currently, a cap that will increase to 30 by Sept. 2020 and 75 by Sept. 2021, giving cannabis retail chains like Fire & Flower, and Meta Cannabis Supply Co. an opportunity to significantly expand their footprint in Ontario.
"We see Fire and Flower as being a large beneficiary [of this announcement] with already 15 strategic lease locations in high traffic areas (mainly in Toronto) ready to go," wrote Justin Keywood, an analyst at Stifel Financial Corp.
Meanwhile, numerous would-be cannabis operators, who did not obtain a licence in the lottery process, have continued to pay into commercial leases on a monthly basis, while awaiting the provincial government to open up the licensing process.
Sasha Soeterik, who runs Bellwoods Coffee and Gelato in downtown Toronto, has spent almost $120,000 over the past one year paying into a 5-year commercial lease while waiting on the Ontario government to open up the cannabis retail market.
"I feel real joy over the chance to actually put an application in. This is great news," she said in an interview with the Post on Friday morning.
"I mean, I don't think this is a slam dunk victory because there is still a cap of 20 licences per month, but at least now we know we can apply as an operator in January and the AGCO will let us know by March, what our chances are in getting a store authorization. There's so much more clarity."
Financial Post
- CFIB applauds province's plan to scrap Ontario cannabis retail store lottery system
- Alberta poised to be a cannabis fine-dining destination
- 'Building a new industry from scratch is hard': Cannabis firms brace for more spilled blood in 2020
- Israeli researchers create protocol for cannabinoid-based treatments for seniors
- Canada's public health approach is working for cannabis. Let's do the same for opioids
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