Tag Archives: Canada

mymnutraceuticals

MYM Closes Acquisition of Majority Interest in Inspection-Stage Licensed Producer Application

MYM Closes Acquisition of Majority Interest in Inspection-Stage Licensed Producer Application

VANCOUVER, British Columbia, Feb. 22, 2017 /Weed Wire/ — MYM Nutraceuticals Inc. (CSE:MYM) (the “Company” or “MYM”) is pleased to announce that it has completed its acquisition of a majority interest in Sublime Culture Inc. (“Sublime”) and its inspection-stage application to become a Licensed Producer of medical cannabis.

Canopy-Growth

Canopy Growth Corporation Renews Agreement with XIB Consulting Inc.

SMITH FALLS, Ontario, Feb. 17, 2017 /Weed Wire/ — Canopy Growth Corporation (TSX: WEED) (“Canopy Growth” or the “Corporation”) announced that it has renewed the engagement agreement (“agreement”) with XIB Consulting Inc. (“XIB”) that the Corporation announced on April 7, 2016 and subsequently renewed October 7, 2016.

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Parliamentary Secretary Bill Blair Launches Tour to Meet with Canadians to Discuss Cannabis Legalization and Regulation

TORONTO, Ontario, Feb. 16, 2017 /Weed Wire/ — Bill Blair, Parliamentary Secretary to the Minister of Justice and Attorney General of Canada Jody Wilson-Raybould, has started a cross-country tour to discuss the legalization and regulation of cannabis.

Tilray

Tilray Announces Medical Cannabis Export to New Zealand

NANAIMO, British Columbia, Feb. 14, 2017 /Weed Wire/ — Tilray, a global leader in medical cannabis research and production, today announced that it has received necessary approvals in Canada and New Zealand to export medical cannabis to New Zealand.

Should Investors Consider Canopy Growth Corp.?

Should Investors Consider Canopy Growth Corp.?

Investors are incredibly excited about Canopy Growth Corporation. But we’re now looking at a situation where the stock has increased quite aggressively thanks mostly to the belief that the future is bright. And there are still many investors sitting on the sidelines wondering if they should consider this company.

Recent Trends Reveal Canadian Market Maturing Faster Than U.S.

Recent Trends Reveal Canadian Market Maturing Faster Than U.S.

“We are continuing to see Canadian companies invest in or acquire assets in U.S. cannabis markets […] looking to take advantage of increased demand abroad,” a Viridian Capital analyst says.

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Statement from Health Canada on the Testing of Cannabis for Medical Purposes for Unauthorized Pest Control Products

OTTAWA, Ontario, Feb. 7, 2017 /Weed Wire/ — Recently, two licensed producers of cannabis for medical purposes undertook voluntary recalls of cannabis products that contained low levels of prohibited pest control products (myclobutanil/bifenazate/pyrethrins).

Canada's First Authorized Licensee of 2017 Starts Cultivating

Canada’s First Authorized Licensee of 2017 Starts Cultivating

On Jan. 10, 2017, Health Canada authorized James E. Wagner Cultivation in Ontario to start cultivating medical cannabis, making it the 38th licensed producer in Canada and the first producer of 2017 licensed under the Access to Cannabis for Medical Purposes Regulations.

Loyalist College

Loyalist College Receives Approval From Health Canada to Provide Analysis of Medical Cannabis

Loyalist College has received approval from Health Canada for a Controlled Drugs and Substances Licence for the purpose of research and analysis using medical cannabis.

How Big Could the Opportunity Be for Marijuana Stocks in California?

How Big Could the Opportunity Be for Marijuana Stocks in California?

The market for marijuana is exploding as Americans overwhelmingly embrace legalization. Analysts are projecting tens of billions of dollars in future marijuana sales, making this an intriguing market for investors.

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Maple Leaf Plans to Build a New Nevada Facility

CALGARY, Alberta, Jan. 20, 2017 /Weed Wire/ — Maple Leaf Green World (MGW-V) (“Maple Leaf” or the “Company”) is pleased to announce that, after careful consideration of other options, the Company intends to build a new facility for its Nevada operations, using the same site BioNeva Innovations of Henderson LLC (“BioNeva”) employed to obtain its cultivation permit (the “Permit”).

North Americans Spent $53.3 Billion on Marijuana in 2016

North Americans Spent $53.3 Billion on Marijuana in 2016

North Americans spent $53.3 billion on legal, illegal, and medical marijuana in 2016, according to a Jan. 17, 2017, release from Arcview Research Group. That’s more than people in the United States spent on McDonald’s and Starbucks combined.

Safety in Numbers Drives Canopy Growth Corp. Higher

Safety in Numbers Drives Canopy Growth Corp. Higher

U.S. estimates by investment bank Cowen and Company suggest cannabis sales will increase at a compound annual growth rate of 23% over the next decade to US$50 billion. In Canada, it’s estimated that 5.2 million Canadians will consume legalized pot annually by 2021.

Cannabis Firm to Pay $4 Million for Stake in Vancouver Biotech

Cannabis Firm to Pay $4 Million for Stake in Vancouver Biotech

Anandia Labs co-founder Jonathan Page agreed to sell 20% of his company to CannaRoyalty because he appreciates CannaRoyalty’s expertise in extraction and post-processing.

Veritas Pharma

Veritas Announces Private Placement

Veritas Pharma Inc. (the “Company”) (CSE: VRT; OTC: VRTHF; and Frankfurt: 2VP), is pleased to announce that a non-brokered private placement offering of up to 9,090,910 units (“Units”) at a price of $0.22 per Unit for aggregate gross proceeds of up to $2,000,000 (the “Offering”).

Olympic Athlete Challenging US Travel Ban for Past Marijuana Use

Olympic Athlete Challenging US Travel Ban for Past Marijuana Use

Olympic snowboarder Ross Rebagliati wants to visit the United States to promote Ross’ Gold, his Canadian cannabis brand; however, with Rebagliati having admitted past marijuana use, U.S. Border Agents have used a border policy to prevent him from entering the country.

ArcView

North American Marijuana Sales to Top $20.2 Billion by 2021, Grew 30 Percent in 2016

OAKLAND, Calif., Jan. 3, 2016 /Weed Wire/ — Arcview Market Research, the leading publisher of cannabis market research, released a new 2016 North American cannabis market size estimate as well as projections for the market through 2021, while announcing the availability of presales of its 5th edition of the State of Legal Marijuana Markets Report.

Veterans Affairs Canada Outs Medical Marijuana Users in Mail

Veterans Affairs Canada Outs Medical Marijuana Users in Mail

On Dec. 30, 2016, Canadian Armed Forces veterans began reporting a privacy breach by Veterans Affairs Canada, as the VAC sent letters to veterans in the federal medical marijuana program with “RE: Cannabis for Medical Purposes” visible in the envelope window.

Canadian marijuana stocks regain momentum after Christmas

Canadian Marijuana Stocks Regain Momentum After Christmas

In the last few months, the medical marijuana growers have dominated the trading activity on the TSX Venture in terms of dollar volume almost exclusively, belying a persistent interest from investors in Canada and the United States.

North American Cannabis Industry Raised $1 Billion in 2016

North American Cannabis Industry Raised $1 Billion in 2016

Viridian Capital Advisors recently reported the global cannabis industry has raised more than $1 billion in 2016, according to Forbes. Most of the $1 billion-plus in capital investments was raised in the United States and Canada, with other countries contributing small amounts, Scott Greiper of Viridian said.

Canopy Growth: What to Do Now That the Hype Has Settled Down

Canopy Growth: What to Do Now That the Hype Has Settled Down

Canopy, previously listed on the Canadian Venture Exchange under stock symbol TWD (Tweed was the original company, later consolidated into Canopy), began trading publicly on the Toronto Stock Exchange in July amid great anticipation from investors and financial markets.

THC BioMed

Health Canada Issues THC BioMed amendment to Sell Starting Materials and Grants THC Permission to Conduct In-House Analytical Testing – THC to Expand its Facilities

VANCOUVER, British Columbia, Dec. 20, 2016 /Weed Wire/ — THC BioMed Intl Ltd. (“THC” or the “Company”) (CSE: THC) (CSE: THC.CN) (CNSX: THC) (OTCQB: THCBF) (FRANKFURT: TFHC) is pleased to announce several new developments relating to its new, amended license from Health Canada, the launch of its revamped website, the expansion of its facilities and changes in its work with Supra Research and Development Inc. (“Supra”).

Is 2017 a Do-Or-Die Year for Aurora Cannabis Stock?

Is 2017 a Do-Or-Die Year for Aurora Cannabis Stock?

The fed’s report was largely positive for the recreational marijuana industry when it was released Tuesday. Aurora Cannabis stock was one of the biggest pot stock beneficiaries of the announcement, but has since had a regression in share price.

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Pilot Project to Test Use of Roadside Screening Devices for Drug-Impaired Driving

OTTAWA, Ontario, Dec. 15, 2016 /Weed Wire/ — Today, the Honourable Ralph Goodale, Minister of Public Safety and Emergency Preparedness, announced that Public Safety Canada, in collaboration with the Royal Canadian Mounted Police and the Canadian Council of Motor Transport Administrators (CCMTA) will begin a pilot project to test how well officers are able to use certain roadside drug testing devices on motorists under different weather conditions.

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Statement from the Government of Canada on the Receipt of the Report from the Task Force on Cannabis Legalization and Regulation

OTTAWA, Ontario, Dec. 13, 2016 /Weed Wire/ — The Minister of Public Safety and Emergency Preparedness, the Minister of Justice and Attorney General of Canada, the Minister of Health, and the Parliamentary Secretary to the Minister of Justice and Attorney General of Canada today announced that they have received the report from the Task Force on Cannabis Legalization and Regulation.

Canadian Task Force Shares Report on Future of Federal Legalization

Canadian Task Force Shares Report on Future of Federal Legalization

On Dec. 13, 2016, Anne McLellan and Dr. Mark Ware, the chair and vice chair of Canada’s Task Force on Cannabis Legalization and Regulation, presented a report on how the federal government should move forward with the legalization of recreational cannabis in the country.


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