DRUMMONDVILLE, Quebec, Nov. 1, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy Growth” or “the Corporation”) has acquired ownership of Vert Médical, a Quebec-based ACMPR applicant.
Tag Archives: MMPR
M&A Activity Predicted in the Marijuana Industry
Some analysts predict the legalized pot industry to be a $5 billion market in Canada alone. Thus, it is clear that a new and lucrative market is burgeoning.
Maple Leaf Green World Inc. - California MJ Project Starts Harvesting
CALGARY, Alberta, Aug. 29, 2016 /Weed Wire/ — Maple Leaf Green World (MGW-V) (“Maple Leaf” or the “Company”) announces that it has started harvesting the first crop at its California facility. The first tranche, consisting of approximately 100 pounds of product, is expected to be shipped out in two weeks.
Health Canada Granting Patients Right to Grow Medical Cannabis at Home
On Aug. 11, 2016, Health Canada announced that it had replaced the Marihuana for Medical Purposes Regulations with the Access to Cannabis for Medical Purposes Regulations, as prompted by the Federal Court of Canada’s decision in Allard v. Canada.
Mettrum Announces $10 Million Bought Deal Financing
TORONTO, Ontario, Aug. 8, 2016 /Weed Wire/ — Mettrum Health Corp. (“Mettrum” or the “Company”) (TSX VENTURE:MT), a vertically integrated provider of cannabis products, is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc.
Canopy Growth Secures $5.5 Million in Loan Facilities
SMITH FALLS, Ontario, Aug. 5, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy Growth” or “the Corporation”) closed a $5.5 million financing with a commercial lending institution.
Organigram Delivers Strong Results Across All Metrics in Q3
MONCTON, New Brunswick, July 25, 2016 /Weed Wire/ — Organigram Holdings Inc. (TSX VENTURE:OGI)(OTCQB:OGRMF) (the “Company”) is pleased to report its financial results for the third quarter ending May 31st, 2016.
OrganiGram Holdings Inc. Receives License to Sell Oil Extracts
MONCTON, New Brunswick, June 22, 2016 /Weed Wire/ — OrganiGram Holdings Inc. (TSX VENTURE:OGI)(OTCQB:OGRMF) (the “Company”) a provider of cannabis products, is pleased to announce that the company has received an amendment to its license to include both the production and sale of cannabis oil extracts from Health Canada under the Marihuana for Medical Purposes Regulations (Canada) (“MMPR”) at its facility in Moncton, New Brunswick.
Tilray Now Exporting Canadian Medical Cannabis Extracts to Croatia
Tilray, a licensed cannabis producer in Canada and owned by Seattle-based Privateer Holdings, became the first Canadian company licensed by the Canada’s Marihuana for Medical Purposes Regulations to legally export medical cannabis cultivated and processed in Canada.
Cannabis Economy Interview With Former US Deputy Attorney General James M. Cole of the Cole Memos Couples With Instant Feedback From Leaders In Canadian Cannabis on Dispensary Raids
NEW YORK, June 3, 2016 /Weed Wire/ — Cannabis Economy has released an in-depth interview with Former US Deputy Attorney General James M. Cole whose three memos reset Justice Department guidance regarding federal oversight of legal cannabis.
Aphria Announces Project to More Than Double Growing Capacity
LEAMINGTON, Ontario, June 2, 2016 /Weed Wire/ — Aphria Inc. (“Aphria” or the “Company”) (TSX VENTURE:APH) is pleased to announce that its board approved a fully funded $10 million capital project.
Aurora Launches Same-Day Medical Marijuana Delivery in Calgary
VANCOUVER, British Columbia, May 24, 2016 /Weed Wire/ — Aurora Cannabis Inc. (CSE:ACB)(FRANKFURT: 21P)(OTCQB: ACBFF)(WKN: A1C4WM) (“Aurora” or the “Company”), is pleased to announce that the Company has launched same-day delivery of medical cannabis orders to registered customers in Calgary and surrounding communities, an area encompassing a population of 1.2 million people.
True Leaf Closes Private Placement, Converts Debt and Converts Loan
VANCOUVER, British Columbia, May 13, 2016 /Weed Wire/ — True Leaf Medicine International Ltd. (CSE: MJ) (the “Company”), is pleased to announce that has closed a non-brokered private placement by issuing 7,028,404 common shares at a price of $0.105 per common share for aggregate gross proceeds of $737,982.42 (the “Private Placement”). The Company paid an aggregate cash…
Mettrum Receives License Amendment for the Sale of Medical Cannabis and Extracts at its 60,000 Square Foot Facility in Bowmanville
TORONTO, Ontario, May 9, 2016 /Weed Wire/ — Mettrum Health Corp. announced that the Company has received an amendment to its license to include both the production and sale of medical cannabis and extracts from Health Canada under the Marihuana for Medical Purposes Regulations (Canada)(“MMPR”) at its 60,000 square foot production and distribution facility located in Bowmanville, Ontario.
Aurora Cannabis Surpasses 2,000 Registered Patients in Four Months
VANCOUVER, British Columbia, May 9, 2016 /Weed Wire/ — Aurora Cannabis Inc. (CSE:ACB)(FRANKFURT:21P)(OTCQB:ACBFF) (WKN:A1C4WM) announced that the Company has surpassed 2,000 registered patients over its first four months of product sales.
True Leaf Announces Private Placement
VANCOUVER, British Columbia, April 29, 2016 /Weed Wire/ — True Leaf Medicine International Ltd. (CSE: MJ) (the “Company”), is pleased to announce that it intends to complete a non-brokered private placement of up to 19,047,619 common shares at a price of $0.105 per common share for aggregate gross proceeds of up to C$2,000,000 (the “Offering”).
WeedMD Secures License to Cultivate Medical Marihuana from Health Canada
TORONTO, Onatario, April 25, 2016 /Weed Wire/ — WeedMD Rx Inc., (“WeedMD” or the “Company”), is pleased to announce that Health Canada has officially licenced the company to cultivate medical cannabis for patients across Canada.
Supreme Obtains MMPR License to Cultivate Medical Marijuana
TORONTO, ON, March 11, 2016 /Weed Wire/ — Supreme Pharmaceuticals Inc. (the “Company” or “Supreme”) (OTC PINK:SPRWF)(CSE:SL) is pleased to announce its wholly-owned subsidiary, Advanced Medical Marihuana Canada (“AMMCan”) has been granted a license to cultivate medical marijuana pursuant to the Marihuana for Medical Purposes Regulations (the “MMPR”).
Health Canada Grants THC BioMed Marijuana Cultivation License
On Feb. 22, 2016, THC BioMed Intl. Ltd. (CSE:THC)(OTC PINK:THCBF)(FRANKFURT:TFHC) announced that its subsidiary THC BioMed Ltd. was granted a cultivation license by Health Canada under the country’s Marihuana for Medical Purposes Regulations.
Health Canada Gives Mettrum Green Light to Sell Cannabis Extracts
On Dec. 23, 2015, Mettrum Health Corp. (TSXV: MT), a provider of cannabis products, received its Health Canada license to sell cannabis extracts.
Tweed Farms Granted License for Entire 350,000 Square Foot Facility
NIAGARA-ON-THE-LAKE, ON, Sept. 30, 2015 /CNW/ — Tweed Farms Inc. (Tweed Farms), wholly owned subsidiary of Canopy Growth Corporation (TSX.V: CGC) (Canopy Growth), has received Health Canada approval to commence cannabis cultivation in all 350,000 sq. ft. of the facility’s growing space.
Tweed Marijuana Inc. Renamed Canopy Growth Corporation
SMITHS FALLS, ON, Sept. 21, 2015 /CNW/ — At its recent Annual General Meeting, Tweed Marijuana Inc. shareholders voted in favour of changing the company’s trading and corporate name to Canopy Growth Corporation (“CGC” or the “Company”).
Bedrocan Canada and Tweed Announce Multi-centre Longitudinal Surveillance Study of Medical Cannabis Patients
TORONTO, Sept. 17, 2015 /CNW/ - Bedrocan Canada Inc. (“Bedrocan” or the “Company”), a subsidiary of Tweed Marijuana Inc. (TSXV: TWD) (“TMI” or “Tweed”), along with its sister company Tweed Inc., is pleased to announce the launch of the EQUAL (Evaluation QUAlity of Life) study.
CARP and CanniMed Announce Partnership to Educate Canadians About Medical Cannabis
TORONTO, Sept. 10, 2015 /CNW/ - CARP, Canada’s largest non-profit, non-partisan advocacy association for Canadians As We Age, has announced a new “CARP Recommended” partnership with CanniMed Ltd.
Tweed Commences Cannabis Extraction, Provides Corporate Update
SMITHS FALLS, ON, Aug. 20, 2015 /CNW/ - Tweed Marijuana Inc. (“TMI” or “the Company”) (TSXV: TWD) is pleased to announce that its wholly owned subsidiary, Tweed Inc. (Tweed) has received authorization from Health Canada to begin the production of cannabis extracts in the Company’s state-of-the-art facility in Smiths Falls, Ontario.
Full Line of CanniMed Products Now Available in Five Gram Packaging
SASKATOON, July 28, 2015 /CNW/ - Cannabis is a personalized medicine, and as a result many patients need to try a few different varieties or products before finding the one that works best for their individual condition. Today, CanniMed Ltd. is offering patients flexibility and cost-efficiency in their purchasing by introducing five gram packaging available for all seven varieties of CanniMed’s pharmaceutical-grade cannabis.
Canada Approves Cannabis Oil Production—With Restrictions
Health Canada recently announced an exemption to current cannabis regulations to allow Canadian licensed producers to make oils for medical marijuana patients. While industry members agree the action is a move in the right direction, some advocates have said the new rule is not without flaws.
Tweed Buys Out Bedrocan in M&A Opening Salvo
On June 24, 2015, it was announced that two of the biggest brands in the burgeoning Canadian cannabis market are about be under one roof. Tweed Marijuana Inc. (TSXV: TWD) has agreed to acquire all the outstanding shares of Bedrocan Canada (TSXV: BED).
Tilray Medical Marijuana Company Lays Off 61 in Nanaimo
One of Vancouver Island’s largest medical marijuana growing companies announced Thursday it is laying off 61 employees.
A Case Study in the Risks of Marijuana Biotech
There is no profit without risk, and it is well for those who would invest in this field, either capital or entrepreneurial energy or both, that they recognize the risk.
Cannabis in Canada: A Data Snapshot
The evolution of the cannabis market in Canada continues to be a crucial case study. There is a lot we can learn about how business models are taking shape and the headwinds being faced in the legalized medical environment that the Canadian MMPR provides.
Tuesday MMPR Cost-Accounting Battle
Cannabis stocks were mixed again today as participants were still working off the long Presidents Day weekend.
Could Legal “Made in Canada” Marijuana Become a Global Export?
Could Canada’s first mover advantage in the business of marijuana translate into an industry that we could ultimately export to the United States?
Bedrocan Shares in Limbo as Company Awaits Approval of New Facility
Stocks in the highly volatile cannabis space continue to slowly evaporate away all the immense gains they saw early in 2014. This is not unexpected, as things were way too overheated in the spring.
Organigram Shares Slump as Production Ramps Up
Whether you are already an active investor in marijuana-based industries or just taking notes from the sidelines, chances are you don’t need me to tell you that the business is becoming fast and furious.
Inside Canada’s New Corporate Weed System
In this episode of Canadian Cannabis, Damian visits two gigantic weed factories in Ontario to check out what kind of bud the government has legally authorized. He also chats with pot activists throughout British Columbia to get their take on the new licensed producer system.