While the province of Newfoundland and Labrador has its key policies in place for recreational legalization and has secured a supply agreement with Canopy Growth Corporation (TSX:WEED) to provide cannabis for the province, it is now ready to hear from prospective cannabis retailers.
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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.
While New Brunswick marijuana was slated to be supplied by two public companies, the province has added one more licensed producer to the mix.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 4% in October.
Drinkable cannabis has been on the rise since the advent of states in America with recreational marijuana legalization and now that Canada is on the brink of implementing recreational legalization, a recently announced strategic relationship has the future of Canadian cannabis beverages looking bright.
SMITHS FALLS, ON and KINGSTON, JAMAICA, Oct. 25, 2017 /Weed Wire/ – Canopy Growth Corporation (TSX: WEED) is pleased to announce that it has launched a strategic partnership in the Jamaican cannabis market as part of its ongoing international expansion.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 6% in September on strong Canadian momentum.
On Sept. 15, 2017, the Canadian province of New Brunswick announced during a news conference that Organigram (TSXV:OGI) and Canopy Growth (TSX: WEED), both already licensed producers in Canada’s medical marijuana program, will distribute recreational marijuana to retail stores established by a newly created provincial crown corporation.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, decreased 11% in August.
The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, decreased 3% in June as continued losses in Canada closed out the Index’s second worst performing quarter since its inception in January 2015.
On Monday, May 29, 2017, Tweed Inc., a wholly owned subsidiary of Canopy Growth Corporation (TSX:WEED), was evacuated following a small morning fire at the Hershey Chocolate Factory’s former Visitor Center, which the medical marijuana company is currently renovating.
On April 20, 2017, Cowen and Company, a leading Wall Street investment bank, issued a report that shows the accelerated adoption of cannabis pressuring alcohol volumes, with beer most at risk.
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.
More women are legally getting into the pot industry, and many of them are moms. As marijuana is now legal in some form in more than half of all states, Chip Reid takes a look at a medical marijuana cultivation center in Washington, as so-called “pot moms” fight the stigma of their job.
About $1.5 billion a year already — but most of that is from medical marijuana. First legally approved for medical uses in California in 1996, pot is available on prescription in 20 states and the District of Columbia, to relieve pain in conditions ranging from cancer to “writer’s cramp.” So even before Jan. 1, 2014, known as “Legal Day One,” more than 2.5 million Americans carrying special cards could buy weed from licensed dispensaries.
When Canadian Kash P. Heed has an opinion on law enforcement, or marijuana for that matter, people listen. Heed previously served as superintendent for the Vancouver Police Department, Chief Constable of the West Vancouver Police Department and Minister of Public Safety and Solicitor General for British Columbia. Since retiring from politics, he has become a medical marijuana consultant for growers concerned about drug policies and security.
People using the postal service to transport marijuana is no secret, but an Illinois man takes it a bit too far.
Faulty information regarding the legitimacy marijuana marketplace information has given way to GrowLife’s (PHOT) plummeting shares.
A lot of people are growing uneasy at the fact that, although pot shops must abide by state licensing to test their plants, it remains authoritatively uncontrolled.
This a signal that the marijuana industry will continue to develop into a dual one.