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.
Tag Archives: Canada
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.
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.
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.
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.
“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.
On Feb. 7, 2017, Health Canada announced that it is going to start random testing of medical marijuana produced by all of the country’s licensed producers in an attempt to ensure patients aren’t being exposed to contaminated products.
Roto-Gro International, a Canadian cannabis-tech company has been admitted to the ASX, and has become the latest player to join the list of cannabis based companies on the ASX.
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).
Canopy Growth Corporation’s generating eye-popping returns for investors. However, there are risks ahead that could rein in some investor optimism.
Marijuana prices are falling. Could marijuana stock prices drop soon, too?
On the face of it, 2017 may be the year to jump into the marijuana market to get a piece of what looks to be promising growth over the next few years.
As of Wednesday, traders on the Toronto Stock Exchange can buy and sell “WEED.”
Chris Blake, Senior Portfolio Manager, TD Wealth, explains what investors need to know before buying marijuana stocks.
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.
On Jan. 24, 2017, Ontario-based Loyalist College announced that it had been approved by Health Canada for a Controlled Drugs and Substances Licence to test and analyze medical cannabis.
Marijuana Index Review for 2017, United States and Canada Medical Cannabis Market website and it’s different features for stocks, and my input on investing.
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.
“Obtaining our license to sell cannabis oils is another major milestone for Aurora, said Terry Booth, chief executive.
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.
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 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.
LOS ANGELES, Jan. 13, 2017 /Weed Wire/ — MJIC Inc. has completed its quarterly rebalancing of the Marijuana Index, adding 11 new cannabis companies to its North American Marijuana Index.
Canopy Growth Corp. (TSX:CGC) has been on a wild ride in recent months, and investors who think the name has long-term potential are trying to decided when they should buy.
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.
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 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 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.
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.
Further details of recall revealed that there has been a detection of an unwanted pesticide, which is not registered for use on marijuana, under the Pest Control Products Act.
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.
Most myths have at least a little bit of truth interspersed with a lot that is false. That’s the case with these three myths about marijuana stocks that some might mistakenly believe.
CanniMed Therapeutics Inc. became the latest and last medical marijuana company Thursday to go public in 2016, capping off a banner year in the burgeoning sector.
Marijuana is the most widely cultivated, produced and consumed drug worldwide, and more than 20 countries worldwide are trialing legislation regarding access to marijuana and exploring possible benefits.
Here are three stocks that have doubled investors’ money in 2016, and a look into whether or not they can continue to rally in 2017.
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.
Toronto police are investigating an alleged armed robbery at the medical marijuana dispensary Canna Clinic on Ossington Avenue which the shop’s owners never reported.
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, 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.
Their position on marijuana is hardly the only difference between Canada’s prime minister and the president-elect of the United States.
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”).
MP Bill Blair says until legalization legislation is in place marijuana requires strict regulation and that current laws should be obeyed.
On Dec. 16, 2016, the Montreal police raided six newly opened Cannabis Culture dispensaries, arresting the “Prince of Pot,” Marc Emery, along with nine other individuals.
Opinions are split on setting a minimum age for purchasing cannabis following a report from the federal Task Force on Cannabis Legalization and Regulation.
The company said the 74,000-square-metre facility, called Aurora Sky, will be larger than 16 football fields and will be capable of producing more than 100,000 kilograms of cannabis per year.
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.
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.
Pot stocks got a lift Tuesday following the issue of a task force report with recommendations on recreational pot sales.
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.
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.