While Canadian cannabis producers are preparing for the country’s roll out of recreational cannabis, they are also preparing for a potential shift in the market’s landscape.
Tag Archives: Licensed Producers
TORONTO, Ont., Nov. 20, 2017 /Weed Wire/ — Thirty-seven percent of Canadian licensed cannabis producers are focusing on scaling up capacity and production to meet anticipated post-legalization demand, according to a new Canadian EY cannabis study of licensed producers.
The Ontario government announced September 8 that the LCBO will oversee the retail sale of cannabis in Ontario through standalone stores and an e-commerce site.
OTTAWA, Ont., Sept. 8, 2017 /Weed Wire/ — Cannabis Canada, and the licenced producers of medical cannabis that it represents, share the Province’s commitment to ensuring adult Ontarians have access to safe, regulated cannabis products and support the Government’s decision to make clear its intentions regarding the distribution and retail of recreational cannabis.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 11% in July. This marks the first positive month for the North American Index since January.
Since Justin Trudeau’s election, the Canadian cannabis space has seen significant growth both in public and private sectors. The industry is gearing up for its entry into the legal recreational cannabis market set to open up by July 1, 2018.
On May 19, 2017, Beleave Inc. (CNX:BE) announced that its subsidiary, First Access Medical Inc., had been awarded a cultivation license from Health Canada, prompting the Canadian cannabis stock to rise 7.62% on Friday.
Canada’s licensed producers will have to expand their testing checklists. On May 5, 2017, Health Canada announced that mandatory cannabis testing now includes testing for unauthorized pesticides.
OTTAWA, Ontario, May 5, 2017 /Weed Wire/ – Today, Health Canada is announcing that it will require all licensed producers to conduct mandatory testing of all cannabis products destined for sale for the presence of unauthorized pesticides.
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).
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.
The number of licensed medical marijuana patients who purchased cannabis in New Mexico grew from 18,062 in the first quarter of 2015 to 55,016 in the same period this year.
Toronto police raided several marijuana dispensaries across the city on Thursday, charging people for trafficking non-medical marijuana.
SMITH FALLS, ON, Feb. 24, 2016 /Weed Wire/ — Today the Federal Court released its decision in the case of Allard et al v. Canada.
On Dec. 23, 2015, Mettrum Health Corp. (TSXV: MT), a provider of cannabis products, received its Health Canada license to sell cannabis extracts.
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.
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.
Cannabis stocks were mixed again today as participants were still working off the long Presidents Day weekend.
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.
OK Cann’sulting offers medical marijuana consulting worldwide and specializes in quality assurance for licensed producers and personal production license.