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
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.
Canopy Growth: There’s a Downside to the LCBO Entering Marijuana Retail
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.
Cannabis Canada Statement on the Government of Ontario’s Announcement on the Province’s Approach to the Federal Legalization of Cannabis
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.
Marijuana Index Increases 11% in July as US and Canadian Stocks Rebound
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.
Betting on Pot in the Stock Market
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.
Canadian Cannabis Stock Rises With Friday’s Cultivation Announcement
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 Hit With Mandatory Cannabis Testing for Unauthorized Pesticides
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.
Statement from Health Canada on Mandatory Testing of Medical Cannabis 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.
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).
Health Canada Granting Patients Right to Grow Medical Cannabis at Home
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.
Medical Marijuana Sales Are Way Up in New Mexico
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.
Police Raid Toronto Pot Dispensaries for Non-medical Marijuana Traffickers
Toronto police raided several marijuana dispensaries across the city on Thursday, charging people for trafficking non-medical marijuana.
Tweed and Bedrocan Canada Respond to Allard Decision
SMITH FALLS, ON, Feb. 24, 2016 /Weed Wire/ — Today the Federal Court released its decision in the case of Allard et al v. Canada.
Health Canada Gives Mettrum Green Light to Sell Cannabis Extracts
On Dec. 23, 2015, Mettrum Health Corp. (TSXV: MT), a provider of cannabis products, received its Health Canada license to sell cannabis extracts.
Canada Approves Cannabis Oil Production—With Restrictions
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.
Cannabis in Canada: A Data Snapshot
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.
Tuesday MMPR Cost-Accounting Battle
Cannabis stocks were mixed again today as participants were still working off the long Presidents Day weekend.
Bedrocan Shares in Limbo as Company Awaits Approval of New Facility
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 Ltd.
OK Cann’sulting offers medical marijuana consulting worldwide and specializes in quality assurance for licensed producers and personal production license.