Canadian cannabis sales projected to double over next five years

A “Cannabis Canada Weekly” column published on BNN Bloomberg in March 2022 reports that Canadian cannabis sales are expected to double to $8.8B over next five years.

The article refers to a report published by the market researchers at Brightfield Group and notes, “The pace of sales in Canada’s cannabis market may be slowing down, but it is still expected to double over the next five years, according to a new report.”


AirMed nominated for two O'Cannabiz Awards

We’ve been nominated in the O’Cannabiz Awards as Best Software and Best Innovative Technology!

Hosted by the producers of the O’Cannabiz Conference & Expo, the awards program is designed to recognize excellence and innovation in our industry.

Between now and May 14, 2022, anyone can vote on which nominees will win in the O’Cannabiz Awards. To vote you need to register for free on the O’Cannabiz website. Once registered, you can go back to vote any time before the deadline, but registered voters can only vote once in each category (see list below).

An awards gala will be held during the O’Cannabiz Conference & Expo on June 1st, 2022 in Toronto to honour cannabis professionals and companies.

Please vote for AirMed in the Best Software and the Best Innovative Technology categories by registering at:
https://awards.ocannabiz.com/

To learn more about the conference & expo, visit: https://ocannabiz.com/

O’Cannabiz Awards categories

Attorney of the Year
Best Activist/Advocate of the Year
Best Budtender
Best Business Consultancy
Best Cannabis Clinic
Best Cannabis Nutrients Product
Best Customer Service
Best Disinfection and Pest Control Services
Best Engineering Firm
Best Extraction Equipment
Best Extraction Facility/Toll Processing
Best Growing Medium
Best Home Grow Package
Best HVAC & Ventilation Systems
Best Hydroponics System
Best Innovative Technology
Best Lab Equipment
Best Lab Testing Facilities
Best Lighting Systems
Best Marketing Campaign
Best new Start-Up
Best News Source
Best Packaging Design
Best Packaging Equipment
Best POS/CRM Software
Best PR/Advertising Agency
Best Retail Chain
Best Retail Interior Design
Best Security Service
Best Seedbank
Best Software
Best Storefront Branding
Best Supplier/Distributor
Best Top Retail Store (Single Location)
Best Trimming Equipment
Best Water Filtration System
Brand of the Year
Cannabis Person of the Year
Favourite Accessory
Favourite Capsules, Extracts, Concentrates
Favourite CBD & Topicals
Favourite Edible Product
Favourite Flower
Favourite Infused Beverages
Favourite Product of the Year
Favourite Retail Store or Medical Clinic
Favourite Vaporizer
Green Deed(s) Award
Licensed Producer of the Year
Medical Cannabis Professional of the Year
Outstanding Educator or Institution of the Year
Scientific Researcher or Facility
Social Media Influencer of the Year


Health Canada authorizing dried and fresh cannabis sales to licensees

Beginning April 19, 2022, existing holders of micro and standard cannabis licenses in Canada will be granted authorization to sell dried and fresh cannabis products. A notification went out to existing license holders at the end of March that this regulatory change will allow them to sell dried or fresh cannabis products to provincial wholesalers. Prior to this, a sales amendment was required to sell those products.

“Initial licensing came with sales conditions, and the amendment application process could take months,” said Justin Hearn, president and CEO of AirMed Canada Systems, “These changes are designed to reduce the regulatory burden for licensees and help them get their products to market more quickly. We expect this to be especially significant for our micro clients who want to carry out farmgate sales.”

Health Canada will automatically reissue licenses with amended conditions over the next three months. Those who had already applied for an amendment for dried and fresh cannabis sales will be prioritized in the process. Following the regulations, licensees will still need to submit a Notification of New Cannabis Product (NNCP) 60 days in advance of the sale of any new product.

This modification to the license program has been implemented as part of Health Canada’s efforts to improve the cannabis licensing process. According to the notification, “The decision is based on the lower risk associated with producing dried and fresh cannabis products.”

Note that the change applies only to dried and fresh cannabis products. Other products, such as edibles and vape cartridges, are not included in the sales amendment. Licensees planning to sell those products must still apply to Health Canada for a sales amendment.

“While these changes do not apply to the sale of extracts and edibles, it is certainly a step in the right direction,” said Hearn. “We expect edibles and extracts to play a significant role in cannabis sales in the future and have already added support in AirMed for these classes of cannabis.”

For more information about cannabis in Canada, visit: https://www.canada.ca/en/services/health/campaigns/cannabis/industry.html

For information on how AirMed manages the sale of cannabis products for licensees, visit: https://airmedcloud.com/software/#sell


Report says Cannabis Contributed $43.5 Billion to Canada’s GDP since legalization

The industry analysts at Deloitte Canada have published an annual report on the Canadian cannabis industry. Posted February 1, 2022, the report is titled, “An industry makes its mark: the economic and social impact of Canada’s cannabis sector.”

The authors of the report wrote, “Canada’s cannabis industry is generating billions for the country’s economy and government coffers… In the span of three years, the Canadian cannabis sector has found its footing and emerged as a thriving new source of economic growth, creating and supporting tens of thousands of jobs in communities countrywide.”

The report is based on a study that uses an input-output methodology to estimate the economic contributions of the Canadian cannabis sector.

To read more about this report visit: Deloitte Canada

To download the full report in PDF visit: An industry makes its mark


Deloitte Report Discusses Retail Cannabis Pricing Dynamics

With the help of BDSA and Hifyre, the analysts at Deloitte Canada examined consumer sales data alongside Deloitte’s recent survey of cannabis consumer preferences. The goal? To better understand pricing dynamics in both the Canadian and American adult-use cannabis markets.

“We discovered some fundamental similarities between cannabis and consumer packaged goods (CPG) markets—and some key differences.”

This report, titled “Price. It’s Complicated,” gives a close look at how cannabis behaves like a typical CPG (consumer packaged goods) market and the dynamics at play when it doesn’t. The report outlines some recommendations for companies looking to stay competitive in the challenging environment of this young industry.

To read more about this report visit: Deloitte Canada

To download the full report in PDF visit: Price. It’s Complicated.


Lift Expo Toronto 2021: Nov 18-21

The Lift & Co. Expo will be making its return to Toronto this November 18-21 at The Metro Toronto Convention Centre North Building.

The Lift Expo pride itself on providing top-notch educational content, enriching thought leadership from the industry’s brightest minds, and of course, fun & authentic networking opportunities.

Featuring hundreds of exhibitors, a band of forward-thinking speakers, and the movers & shakers of the industry, Lift & Co. Expo is the meeting place for cannabis consumers, professionals and media.

For more information visit: Lift Expo


Cannabis in Canada: Get the Facts

Do you have questions about cannabis in Canada? Would you like to understand the laws that govern the Canadian cannabis industry? Are you considering applying for a license to cultivate, process or sell cannabis?

The federal government has a webpage that outlines what industry needs to know about cannabis in Canada. This information covers the basics related to doing business in the cannabis industry including:
Impact of the new law and regulations on industry

  • Applying for or amending a federal licence
  • Packaging and labelling requirements
  • Cannabis Tracking and Licensing System requirements
  • Compliance and enforcement under the Cannabis Act
  • Prohibitions on promotions
  • and more

The page provides links to relevant sections of the federal government website where you can find more information on each topic.
https://www.canada.ca/en/services/health/campaigns/cannabis/industry.html

For more information on how AirMed helps you meet compliance, visit our Compliance page or our Frequently Asked Questions page. If you’d like to discuss your specific needs, please give us a call at 1-877-313-2442 or use one of the contact forms to start the ball rolling.


Join us at Virtual Grower Day April 14

Hosted by Greenhouse Canada & Grow Opportunity magazine, Grower Day comes to a new virtual platform for 2021.

Grower Day on April 14 spotlights all things cannabis cultivation, including trends and issues that impact Canada’s licensed cannabis producers.

Meet with experts and growers from across the country, and discuss the latest in research, technology and production practices.

AirMed seed-to-sale business solutions will be an exhibitor at this event, so drop by our virtual booth to find out more about AirMed Cloud software and our turn-key ecosystem.

For more information visit: Grower Day April 14, 2021

Visit our virtual booth: AirMed at Virtual Grower Day


Market Researcher Says Canadian Cannabis Industry Exceeded $2.6 billion in 2020

According to BDSA, a market research firm specializing in the cannabis industry, global cannabis sales exceeded $21 billion in 2020. Based in Boulder, Colorado in the United States, BDSA made this announcement on March 5, 2021 in a blog post highlighting statistics from a market forecast.

The post noted, “Legal cannabis sales in Canada totaled an estimated $2.6 billion in 2020 and are forecast to grow to nearly $6.4 billion in 2026, a CAGR of 16%… During the year, BDSA Retail Sales Tracking data in Alberta and British Columbia showed rapid growth in shares of new Cannabis 2.0 product categories.”

The market research company also made predictions for the market into 2026. “Global cannabis sales reached nearly $21.3 billion in 2020, an increase of 48% over 2019 sales of $14.4 billion. BDSA forecasts global cannabis sales will grow from $21.3 billion in 2020 to $55.9 billion in 2026, a compound annual growth rate (CAGR) of more than 17%. This growth is expected to be steady, roughly $6 billion annually.”

For more information visit:
https://blog.bdsa.com/cannabis-sales-in-2020


Cannabis Helps Canadian Agriculture Industry in 2020

According to the newspaper Moosejaw Today, Statistic Canada reported farm cash receipts of $16.7 billion increased 5.2 per cent in 2020 over 2019.

The newspaper article, published September 13, 2020, stated, “Without a 62 per cent increase — $685 million — in cannabis sales, farm cash receipts would have increased a mere .8 per cent… Led by surging cannabis sales, farm cash receipts in the first half of the year bucked the general decline caused by the coronavirus.”

To read the original article, visit: https://www.moosejawtoday.com/local-news/cannabis-steers-healthy-increase-in-agriculture-income-2706446


AirMed Ecosystem: Camas Consulting

Camas Consulting works with cannabis businesses to tailor foundational procedures to reflect the culture and vision of the individual business. The Camas team is experienced in navigating the developing and complex cannabis landscape in Canada and offers a variety of consulting packages tailored specifically for cannabis. Camas Consulting helps cannabis businesses grow and thrive.

CANNABIS LICENSING

  • Standard Cultivation Licence
  • Micro-Cultivation Licence
  • Nursery Licence
  • Standard Processing Licence
  • Micro-Processing Licence
  • Retail Cannabis Licence

BUSINESS FUNDAMENTALS

  • Community & Government Relations
  • People Operations (HR)
  • Business Development
  • Operational Readiness

For more information visit: camasconsulting.ca


AirMed Ecosystem: Global Payments Realex

With more than 10,000 employees worldwide, Global Payments Inc. (NYSE: GPN) is a leading worldwide provider of payment technology and software solutions. Global Payments technologies, services and employee expertise enable the company to provide a broad range of solutions that allow customers to accept various payment types and operate their businesses more efficiently across a variety of distribution channels.

During these unprecedented times, businesses are looking for ways to protect their revenue stream so we've seen a huge shift in companies moving towards virtual payments and online processing. Jeff Sloan, Chief Executive Officer of Global Payments, made the following statement recently.

Our top priority during this worldwide crisis remains the health and safety of our team members, customers, partners, and the communities in which we live and work. We are all working together to fight the spread of the Coronavirus while operating our businesses as usual despite the circumstances. These efforts position Global Payments and our customers to weather near term disruptions and emerge from this crisis stronger than ever.

We’re steadfast in our commitment to our customers and will continue to keep you updated with supportive resources to help you connect with your customers at every point of commerce with as little friction as possible. And our family of brands is dedicated to helping you and your communities. If you need something from us during this especially difficult time, please just ask.

We are all in this together, and we will get through this together. Thank you for placing your trust in Global Payments.

For more information visit: Global Payments And while there, check out Global Payment's Covid-19 resources including a guide to no-contact commerce.


AirMed Recognized as Underlying Technology Software for Cannabis Sector

In a recent article by venture capital company Canopy Rivers, AirMed was recognized as one of the foundation vendors of seed-to-sale software. In a 'market insights" post, Ben Futoriansky, an Associate in Business Development at Canopy Rivers, described specialized cannabis technology suppliers as "picks & shovels" for the sector.

"The sector-agnostic use case of many technology-driven innovations has led to software becoming the foundation in various industries. Following decades of prohibition and patchwork regulations, many established software solutions have not yet been applied to the cannabis sector. This has paved the way for specialized cannabis..."

To read the full article, visit Canopy Rivers.


AirMed Ecosystem: Northernblock

Northernblock helps clients launch blockchain applications into production that will deliver short and long-term value. Consulting services include blockchain business modelling, value proposition & product vision, go-to-market strategy, and funding & staffing for incubated businesses. Full-stack development includes developing and implementing private and consortium blockchains to manage immutable data, dApp building, smart contract design, website development, and blockchain + IoT integration.

Building blockchain solutions that drive REAL value: elegant, production-grade blockchain solutions for businesses of all sizes, from large enterprises to early-stage ventures. By developing a deep understanding of your business, Northernblock makes sure the technology will deliver the utmost value to you.

For more information visit: Northernblock.ca


AirMed Ecosystem: Timbergrove

Timbergrove has been improving business productivity for almost a decade. Timbergrove understands the cost of ERP disjunction. Lack of integration among business processes slows the ability to make critical business decisions. Manual processes are difficult to scale and lack visibility for stakeholders.

An IBM Advanced Business Partner, Timbergrove applies user-centered design to integrate hardware and software to solve complex business problems using enterprise asset management, business process management, service-oriented architecture, big data analytics and IoT.

The team at Timbergrove is expert at enabling automation and providing a view into formerly manual business processes — allowing decision-makers to control, measure and improve KPIs.

For more information visit: Timbergrove.com


Thanks for visiting us at Lift Vancouver!

We’d like to thank everyone who visited the AirMed booth at the Lift Expo at the Vancouver Convention Centre last week. Thanks for taking the time to get to know us. It was a pleasure to meet you! We had a great time at the show and hope you did too.

We demonstrated our seed-to-sale software live on site and introduced many of you to out AirMed Ecosystem, a turn-key compliance and business solution for micro-producers. We had tablets, environmental sensors and more in the booth.

To help cannabis producers, big and small, cultivate success, AirMed has developed strategic partnerships with leading vendors of products and services in the Canadian cannabis industry. From compliance consultants through equipment manufacturers to telecommunications and finally delivery services, we've partnered with the best in the industry. For more information about our partners visit: AirMed Ecosystem

To schedule an AirMed software demo, email info@airmed.ca or call 1-877- 313-2442.


Visit us at Lift Vancouver 2020 next week

The Lift Vancouver 2020 Conference & Expo is just one week away and we're busy getting ready. Being held January 9 through 12 at the Vancouver Convention Centre, the Lift & Co. Conference and Expo is Canada's largest cannabis expo.

Featuring hundreds of exhibitors from around the world, renowned speakers, and the movers and shakers in the global industry, the Lift & Co. Expo is Canada’s biggest event for cannabis consumers, industry professionals, investors and media.

Visit AirMed in booth #1230 in the expo hall throughout the conference for a demo of our cloud-based seed-to-sale software. And be sure to ask about our AirMed Ecosystem, which lets you purchase hardware and software in a turn-key solution for your cannabis business. From compliance consultants through tablet, sensor, scale and printer manufacturers to telecommunications and finally delivery services, AirMed has partnered with the best in the industry.

Business Conference Thursday, January 9, 2020, 8 AM - 7 PM

The Lift & Co. Cannabis Business Conference (LCBC) brings together leading experts from across the industry to tackle subject matter from a uniquely Canadian perspective. This exclusive, all-day conference incites discussions around both the fast-growing medical and adult-use cannabis markets, as well as how Canadian businesses are in a position of leadership on the world stage. Meet fellow players or find your niche in this fast-paced global industry.

Expo Industry Day Friday, January 10, 2020, 10 AM - 6 PM

Our industry-only trade show day offers focused opportunities for cannabis professionals to kick-start meaningful conversations, relationships and deals. Whether you’re an established business owner, cannabis company employee or industry-curious entrepreneur, we encourage you to engage with fellow exhibitors in this exclusively professional environment.

Expo Consumer Day Saturday, January 11, 2020, 10 AM - 6 PM

Featuring over 200 exhibitors from Canada and around the world, and speakers including the industry's most knowledgeable and inspiring movers and shakers, the Lift & Co. Expo is Canada's signature event for cannabis consumers, professionals and investors.

For more information about the conference or to purchase tickets online, visit: Lift Expo

To schedule a specific time to meet with our team during the expo, email info@airmed.ca or call 1-877-313-2442.

See you in Vancouver!


Just four weeks until Lift Vancouver 2020

The Lift Vancouver 2020 Conference and Expo is just four weeks away.

Being held January 9 through 11 at the Vancouver Convention Centre, the Lift & Co. Conference and Expo is Canada's largest cannabis expo.

AirMed will join exhibitors from around the world, renowned speakers, and the movers and shakers in the global industry at the Lift & Co. Expo, which is Canada’s biggest event for cannabis consumers, industry professionals, investors and media.

Visit AirMed in booth #1230 in the expo hall on Friday January 10 and Saturday January 11 for a demo of our cloud-based seed-to-sale software. And be sure to ask about our AirMed Ecosystem, which lets you purchase hardware and software in a turn-key solution for your cannabis business. From compliance consultants through tablet, sensor, scale and printer manufacturers to telecommunications and finally delivery services, AirMed has partnered with the best in the industry.

Business Conference Thursday, January 9, 2020, 8 AM - 7 PM

The Lift & Co. Cannabis Business Conference (LCBC) brings together leading experts from across the industry to tackle subject matter from a uniquely Canadian perspective. This exclusive, all-day conference incites discussions around both the fast-growing medical and adult-use cannabis markets, as well as how Canadian businesses are in a position of leadership on the world stage. Meet fellow players or find your niche in this fast-paced global industry.

Expo Industry Day Friday, January 10, 2020, 10 AM - 6 PM

Our industry-only trade show day offers focused opportunities for cannabis professionals to kick-start meaningful conversations, relationships and deals. Whether you’re an established business owner, cannabis company employee or industry-curious entrepreneur, we encourage you to engage with fellow exhibitors in this exclusively professional environment.

Expo Consumer Day Saturday, January 11, 2020, 10 AM - 6 PM

Featuring over 200 exhibitors from Canada and around the world, and speakers including the industry's most knowledgeable and inspiring movers and shakers, the Lift & Co. Expo is Canada's signature event for cannabis consumers, professionals and investors.

For more information about the conference or to purchase tickets online, visit: Lift Expo

To schedule a specific time to meet with our team during the expo, email info@airmed.ca or call 1-877-313-2442.

See you in Vancouver!


AirMed Ecosystem: Darwin Chambers

Darwin Chambers designs, manufacturers and installs controlled environmental chambers that offer precise control of temperature, humidity, gas, and lighting. Stock and custom chambers with highly energy efficient components are available for a wide variety of applications including cannabis production. Certified technicians recommend solutions and provide critical support.

The drying process is critical to maintaining proper levels of cannabinoids and preventing mold and mildew. Darwin Chambers provides cannabis drying rooms designed for the replicable drying of cannabis. The company manufactures and installs cannabis drying rooms that can vary temperature, additive humidity, and dehumidification at programmed (ramped) levels. This enables lot-to-lot consistency whether the drying happens in humid, coastal areas or dry, high altitude areas. Product can also be stored long term with precise levels of humidity to prevent mold or brittleness. Darwin utilizes a proprietary method of cooling, the PFTCU, (precision fluid temperature control unit) to precisely control temperature. Unlike typical refrigeration units, the PFTCU enables fast replacement (30 minutes) of all cooling components as well as redundancy when ordered as such. Exclusive Antimicrobial Coating on door handle to reduce the spread of bacteria and pathogens. Stable temperature preserves cannabinoids well. Low light levels are also important for proper drying of grown plants. Darwin Chambers offers options to control light levels along with many other chamber options including: Black out strip curtains (to prevent unwanted light infiltration when people must enter the chamber), data loggers, chart recorders, shelving and curing racks.

Darwin Chambers are ideal for cannabis production, and AirMed is proud to be the exclusive representative for Darwin Chambers in Canada.

For more information about the AirMed Ecosystem and all our partners visit our partner page: AirMed Ecosystem


Meet AirMed at Lift Vancouver Expo January 10-11, 2020

AirMed will join exhibitors from around the world, renowned speakers, and the movers and shakers in the global cannabis industry at Lift Vancouver 2020. The Lift & Co. Expo, being held January 9-11 at the Vancouver Convention Centre, is Canada’s biggest event for cannabis consumers, industry professionals, investors and media.

Visit AirMed in booth #1230 in the expo hall on Friday and Saturday for a demo of our cloud-based seed-to-sale software. And be sure to ask about our AirMed Ecosystem, which lets you purchase hardware and software in a turn-key solution for your cannabis business. From compliance consultants through tablet, sensor, scale and printer manufacturers to telecommunications and finally delivery services, AirMed has partnered with the best in the industry.

Business Conference Thursday, January 9, 2020, 8 AM - 7 PM

The Lift & Co. Cannabis Business Conference (LCBC) brings together leading experts from across the industry to tackle subject matter from a uniquely Canadian perspective. This exclusive, all-day conference incites discussions around both the fast-growing medical and adult-use cannabis markets, as well as how Canadian businesses are in a position of leadership on the world stage. Meet fellow players or find your niche in this fast-paced global industry.

Expo Industry Day Friday, January 10, 2020, 10 AM - 6 PM

Our industry-only trade show day offers focused opportunities for cannabis professionals to kick-start meaningful conversations, relationships and deals. Whether you’re an established business owner, cannabis company employee or industry-curious entrepreneur, we encourage you to engage with fellow exhibitors in this exclusively professional environment.

Expo Consumer Day Saturday, January 11, 2020, 10 AM - 6 PM

Featuring over 200 exhibitors from Canada and around the world, and speakers including the industry's most knowledgeable and inspiring movers and shakers, the Lift & Co. Expo is Canada's signature event for cannabis consumers, professionals and investors.

For more information about the conference or to purchase tickets online, visit: Lift Expo

To schedule a specific time to meet with our team during the expo, email info@airmed.ca or call 1-877-313-2442.