Shoppers Drug Mart may have yet to receive its medical cannabis license from Health Canada, but it is moving full steam ahead to make sure it has secured multiple Canadian cannabis suppliers to provide its customers with products.
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Province of Newfoundland and Labrador Issues RFP for Cannabis Retailers
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.
Province Announces Conditional Acceptance of Proposals to Operate Retail Cannabis Locations
WINNIPEG, Manitoba, Feb. 16, 2018 /Weed Wire/ — Following a request for proposals (RFP) issued on Nov. 7 seeking qualified applicants to operate retail cannabis locations, the Manitoba government has evaluated the submissions according to the criteria established in the RFP and conditionally accepted four proposals.
New Brunswick Cannabis Stores to Have Refined Design Elements
While the locations for New Brunswick cannabis stores were only recently announced, the province is moving full steam ahead, completing design plans for the retail cannabis properties expected to open this summer.
Cannabis NB Store Designs Revealed
FREDERICTON, GNB, Feb. 15, 2018 /Weed Wire/ – The Cannabis NB store designs were unveiled today.
Ontario Selects Shopify to Run Mobile and Online Cannabis Sales
With Canadian cannabis legalization slated to commence this summer, Ontario has been proactive in its preparations, being the first province to issue its market regulations and now announcing a partnership with a popular ecommerce platform based in Ottawa to run mobile and online cannabis sales in the province.
Medical Cannabis Exports Suspended in Israel
Israel has temporarily suspended medical cannabis exports. According to Haaretz, Israeli Prime Minister Benjamin Netanyahu was responsible for the suspension and has ordered a review from both the Health Ministry and the chairman of the National Economic Council.
British Columbia Marijuana Market Details Revealed
Canada is nearing its rollout of recreational marijuana this summer and while there have been challenges in keeping up with the federal deadline, the British Columbia marijuana market is taking shape.
Cannabis Retail, Driving Laws Amongst New Firm-on-Safety Policy Decisions
VANCOUVER, B.C., Feb. 5, 2018 /Weed Wire/ — As British Columbia works towards the federal timeline for legalization of non-medical cannabis in July 2018, the Province continues to set policy direction to meet the needs and expectations of British Columbians.
Liquor Distribution Branch Begins Preparing for Retail and Online Non-medical Cannabis Sales
VANCOUVER, B.C., Feb. 4, 2018 /Weed Wire/ — The BC Liquor Distribution Branch (LDB) is aiming to open the first government-operated non-medical cannabis retail store by late summer, and has begun exploring an e-commerce model to offer online sales to the public.
Canadian Cannabis Consumers Spent Almost C$6 Billion on Product in 2017
Recreational cannabis legalization is on Canada’s horizon and as a means of understanding pre- and post-legalization markets, Statistics Canada has been analyzing historical data to get a sense of what the future of legal cannabis may hold for the country and if its most recent report is any indication, Canadian cannabis consumers are ready to open their wallets when it comes to cannabis.
Mexico’s Minister Backs Marijuana Legalization in Major Beach Resorts
Marijuana should be legalized in two of Mexico’s main tourist hot spots, Cancun and Los Cabos, in order to reduce criminal violence, Mexico’s minister for tourism said on Thursday.
Canadian Cannabis Research Banks $1.4M in Funding From Government
With the Great White North preparing to become the first G7 nation to launch recreational legalization, the federal government wants to inform its journey into uncharted territory by providing $1.4 million in funding to Canadian cannabis research projects.
Portuguese Doctors Back Marijuana Medicine as Bill Enters Parliament
Portugal’s influential Doctors’ Association called for the legalization of marijuana-based medicines on Thursday, the same day parliament started to debate a draft bill that goes even further in seeking to allow patients to grow pot at home.
Saskatchewan Cannabis Retail Permits Marked for Private Retailers
On Jan. 8, 2018, the Bread Basket of Canada announced that approximately 60 Saskatchewan cannabis retail permits will be awarded to private operators distributed across 40 Saskatchewan municipalities and First Nations that have populations of at least 2,500.
Australia to Permit Medicinal Cannabis Exports in Bid to Capture Market
Australia said on Thursday it planned to become the fourth country in the world to legalise medicinal marijuana exports in a bid to score a piece of the estimated $55 billion global market.
Scotland in Line for Multi-Million Pound Boost From New Cannabis Industry
Scotland is set for a multi-million pound boon from the cannabis industry after a worldwide health agency confirmed that the drug provides medicinal relief for a range of ailments.
Province Evaluating Proposals for Cannabis Retail Locations
WINNIPEG, Manitoba, Dec. 28, 2017 /Weed Wire/ — The Manitoba government is beginning the next step in establishing a hybrid system for the distribution and retail of legal cannabis by evaluating proposals from applicants seeking to operate retail locations, Growth, Enterprise and Trade Minister Blaine Pedersen announced today.
The History of Marijuana in Germany
The history of marijuana in Germany dates back to the Late Stone Age, when cannabis seeds were planted at least 7,500 years ago in Thuringia.
Colombian Medical Cannabis Lab Now Open for Research and Development
On Dec. 18, 2017, the Colombian medical cannabis market took a major step forward with the opening of a medical cannabis research and development lab.
This Is What the Edward Jones Marijuana Report Says About Canada’s Market
Merrill Lynch may have been one of the first mainstream investment firms to release a report on the burgeoning legal marijuana market back in 2015, but more have followed, including the Edward Jones marijuana report that recently entered the fray.
Mexico to Legalize Marijuana-Based Product Sales Next Year
Mexico will legalize sales of marijuana-based medicines, foods, drinks, cosmetics and other products early next year, its health regulator said on Wednesday, bringing some forms of cannabis into legal commerce even as the country struggles with the illicit drug trade.
Trudeau: Canadian Cannabis Legalization Arriving ‘Next Summer,’ Not July 1
Recreational cannabis stakeholders have been waiting for Canadian legalization with bated breath, expecting that day to be July 1, 2018; however, Canadian Prime Minister Justin Trudeau has recently cast doubt on the exact date of implementation.
Study: Canadian Cannabis Consumption Was Worth Billions in 2015
As a means of understanding the pre-legalization landscape of Canada, Statistics Canada has released an Economic Insights study on Canadian cannabis consumption, estimating the number of consumers and the volume of their consumption by examining data from 1960-2015.
NZ Super Fund Excludes Recreational Cannabis Companies
AUCKLAND, N.Z., Dec. 18, 2017 /Weed Wire/ — Companies involved in the recreational cannabis industry have been excluded from the $37 billion NZ Super Fund. The exclusion does not include companies involved with licensed and authorised medicinal cannabis.
Alberta’s Marijuana Framework Gets Positive Reviews from Residents
CALGARY, AB, Dec. 18, 2017 /Weed Wire/ — Many Albertans are satisfied with the marijuana-related policies recently introduced by the provincial government, a new Insights West poll has found.
Finance Ministers Revise Canadian Cannabis Tax Plan
While the initial Canadian cannabis tax framework was revealed on Nov. 10, 2017, provincial leaders and industry stakeholders renounced the proposed 50-50 split of cannabis taxes and so federal, provincial and territorial finance ministers went back to the drawing board, announcing the revised Canadian cannabis tax plan on Dec. 11.
Name of Recreational Cannabis Retail Stores Announced
FREDERICTON, N.B., Dec. 11, 2017 /Weed Wire/ – The provincial government announced today that the NB Liquor subsidiary, that will be created to operate recreational cannabis retail operations in New Brunswick, will be called Cannabis NB.
Finance Ministers Reach Agreements on Behalf of All Canadians
OTTAWA, Ont., Dec. 11, 2017 /Weed Wire/ — Canada works best when governments work collaboratively to take actions that are in the interest of all Canadians, strengthen the middle class and help those working hard to join it. Federal, provincial and territorial Finance Ministers met today in Ottawa to build on their productive partnership, discuss issues that are top of mind for Canadians, and make further progress on important joint priorities.
Nova Scotia Marijuana to Be Sold Through Liquor Stores
Would you buy Nova Scotia marijuana from a liquor store? Officials with the provincial government of Nova Scotia are making a bet that you will.
Paraguay Approves Bill to Legalize Growing Medical Marijuana
On Dec. 5, 2017, the small country of Paraguay became the newest in South America to legalize the cultivation of medical marijuana.
Republic of Georgia Decriminalizes Marijuana Use
Georgia has decriminalized marijuana use, but it’s probably not the Georgia that you were expecting. On Nov. 30, 2017, the Constitutional Court for the Republic of Georgia, a former Soviet republic, ruled that it is unconstitutional to prosecute individuals for using marijuana, effectively decriminalizing use of the substance and potentially paving the way for full legalization.
First Look at the Northwest Territories Cannabis Legalization Proposal
While Canada has launched a public consultation on its proposed federal cannabis regulations, the Northwest Territories cannabis legalization proposal was unveiled recently by the territorial government.
The Government of the Northwest Territories Proposes a Way Forward for the Legalisation of Cannabis in the NWT
YELLOWKNIFE, NWT, Nov. 24, 2017 /Weed Wire/ — Minister of Justice Louis Sebert released the Government of the Northwest Territories (GNWT) proposed plan for legalizing cannabis in the NWT today. This is an important step in designing a system that will provide controlled access to a safe supply of recreational cannabis for NWT residents in order to maintain the health and safety of residents and communities across the North.
This Is Why Statistics Canada Is Going to Study Recreational Cannabis
On Nov. 21, 2017, Statistics Canada announced that it is preparing the country’s statistical system to capture economic and social data on the use of recreational cannabis.
Health Canada Launches Public Consultation on Proposed Approach to the Regulation of Cannabis
OTTAWA, Ont., Nov. 21, 2017 /Weed Wire/ — The current approach to cannabis does not work. Earlier this year, the Government of Canada introduced Bill C-45, the proposed Cannabis Act, to legalize, strictly regulate and restrict access to cannabis. Bill C-45 aims to keep cannabis out of the hands of Canadian youth and the profits away from criminals and organized crime.
Canadian Cannabis Companies Focused on Scaling Up to Meet Anticipated Post-legalization Demand
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.
Canada Weed Stocks Come Off High as Challenges Loom Before Legalization
Canada’s weed stocks, which have surrendered some of the potent gains that pushed them to record highs this month, face a bumpy ride in 2018 that could purge smaller players, as the country moves to allow recreational use of cannabis in July.
Cheek Swab Test Can Now Determine If Marijuana Treatment Is Right for You
A large marijuana producer is hopeful that Canadian physicians will use a new test to help patients determine whether medical marijuana treatment would be effective for them.
The Colombia Post War Pot Progression
In this scene from WEEDIQUETTE, Krishna meets with former illicity cannabis farmer Juan Bastilla to learn about the violence that occurred in Colombia when FARC and the government were against one another.
THC Signs Medicinal Cannabis Distribution Agreement with Major European Distributor, Endoca
SYDNEY, Australia, Nov. 15, 2017 /Weed Wire/ — The Hydroponics Company Limited (ASX:THC) (“THC” or “the Company”) is pleased to announce that its wholly-owned subsidiary Canndeo Limited has signed a distribution agreement with Endoca, a European provider of high quality pharmaceutical grade medicinal cannabis, to distribute medicinal cannabis products into Australia.
Greece Hopes Its Economy Can Get High From Medical Weed
Investors in medical cannabis projects are focusing on Greece, where a warm, sunny climate and potentially favorable future legislation could help the government deliver on a promise to pull the country out of a seven-year economic crisis.
Jamaica Clarifies Requirements for Prescribing Medical Ganja
Training began this past summer in Jamaica for medical professionals to become certified in prescribing medical ganja; however, it appears that such training isn’t actually required by law.
Statement Regarding Training of Medical Professionals to Prescribe Ganja
KINGSTON, Jamaica, Nov. 12, 2017 /Weed Wire/ — The Ministry of Health wishes to clarify an apparent misunderstanding within the public domain as to the legal requirements for prescribing ganja for medical or therapeutic purposes.
First Look at the Proposed Canadian Cannabis Tax Framework
While several provinces have announced their plans for recreational cannabis distribution and retail operations, industry stakeholders have been waiting for an announcement on the Canadian cannabis tax framework and that moment has now arrived.
Government of Canada Announces Consultation on Proposed Excise Duty Framework for Cannabis Products
OTTAWA, Ont., Nov. 10, 2017 /Weed Wire/ — The current approach to cannabis is not working, and the Government of Canada is committed to legalizing, regulating and restricting access to cannabis to keep it out of the hands of kids, and profits out of the hands of criminals.
Israel Wants to Start Exporting Its Cannabis Around the World
When Asi Naim, a severely autistic Israeli boy, started smacking his head against the wall and hurting himself in other ways, his parents tried every kind of psychiatric drug to calm him. Nothing worked. Then Asi entered a cannabis-based research program at Jerusalem’s Shaarei Zedek hospital.
5 Things You Didn’t Know About the Canadian Marijuana Economy
Canadian Prime Minister Justin Trudeau introduced legislation to legalize recreational marijuana throughout the country, which plans to be in effect on Canada Day (July 1) 2018. Now, many experts have predictions for the Canadian marijuana economy as a result of the cannabis industry becoming legal.
Beer Distributor’s Play for Cannabis Beverages Amps Canadian Company’s Stock
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.
Provincial Crown Corporation to Sell New Brunswick Cannabis
With New Brunswick cannabis set to be cultivated by Organigram (TSXV: OGI) and Canopy Growth (TSX: WEED), the provincial government has now determined that a Crown corporation, not the private sector, will handle retail cannabis sales.