For those hoping to get in on the cannabis stock game, a Canadian company has gotten approval to start trading on the NASDAQ. It’s the U.S. Stock Exchange’s first listed marijuana company, according to VICE.
Tag Archives: Canada
Charlottetown, PE, Feb. 28, 2018 /Weed Wire/ —The Prince Edward Island Liquor Control Commission has announced new details regarding the province’s model for cannabis sales.
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.
The Nasdaq Stock Market will list its first cannabis shares on Tuesday, marking a key milestone for an industry that has been rejected by the Trump administration.
TORONTO, Ontario, Feb. 22, 2018 /Weed Wire/ – CANNABIS COMPLIANCE INC. (CCI) of Toronto, Ontario, Canada, is pleased to announce the conditional acceptance for securing cannabis retail licence in Manitoba for National Access Cannabis (NAC).
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.
Alberta said on Friday recreational marijuana will be sold in licensed private retail stores to be overseen by a government regulator, as the energy-rich province unveiled its guidelines for pot just months before it is legalized in Canada.
A new medical marijuana guideline developed by Edmonton researchers warns family doctors that the risks may outweigh the benefits for the vast majority of patients. The guideline, published Thursday in the Canadian Family Physician journal, suggests the benefits of medical cannabis may be overstated, and research on its medicinal properties is sorely lacking.
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.
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.
OTTAWA, Feb. 15, 2018 /Weed Wire/ — As part of its ongoing efforts to provide Canadian pharmacists with practice tools and resources, CPhA has developed a new medical cannabis evidence guide.
FREDERICTON, GNB, Feb. 15, 2018 /Weed Wire/ – The Cannabis NB store designs were unveiled today.
Canadians will soon be able to add marijuana to their collection of household herbs, and that’s creating a nightmare for the country’s landlords.
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.
Canadian regulators on Thursday reiterated their call for listed cannabis producers with U.S. businesses to clearly disclose risks of operating there, and warned of potential punishment if U.S. federal anti-marijuana laws are more strictly enforced.
Two of the top 10 most-traded shares in Sweden in January 2018 were Canada marijuana stocks, adding further proof that the marijuana market is growing more global with each passing day.
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.
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.
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.
Who gets to profit from Canada’s booming weed industry? Researchers at The Weekly found that nearly 40 former politicians and police officers are involved in medicinal marijuana companies, set to make retail sales as soon as it becomes legal.
Canadian cannabis company Aphria Inc said on Thursday it was exploring strategic alternatives, including a sale, for its U.S. business, amid tightening enforcement of federal cannabis laws in the country.
VERNON, British Columbia, Jan. 30, 2018 /Weed Wire/ — True Leaf Medicine International Ltd. (“True Leaf”) (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF), a quality of life cannabis company for people and their pets, has completed the purchase of 40 acres of land that encompass the site of its facility in Lumby, British Columbia, Canada, through its wholly owned subsidiary True Leaf Medicine Inc.
Canadian cannabis legalization is rolling out this summer and the country’s provinces are under a tight deadline to be up and running, but it looks like the legal Nova Scotia cannabis market may be ahead of the game as far as distribution goes.
HALIFAX, N.S., Jan. 30, 2018 /Weed Wire/ — Cannabis will be sold at nine Nova Scotia Liquor Corporation (NSLC) stores across Nova Scotia. Attorney General and Minister of Justice Mark Furey announced the locations today, Jan. 30.
Licensed marijuana producer Aphria Inc. announced an agreement Monday to buy medical cannabis firm Nuuvera Inc. in a cash-and-stock deal that it says values the company at $826 million.
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.
A Canadian dog-treat maker wants to produce a different kind of munchie. True Leaf Medicine International Ltd., a small firm that currently produces hemp-based dog chews, is expanding into the nation’s fast-emerging marijuana industry.
Canada’s No. 2 marijuana producer Aurora Cannabis Inc has agreed to buy smaller rival CanniMed Therapeutics Inc for C$1.1 billion ($852 million) as companies jostle to benefit from the country’s legalization of recreational marijuana use later this year.
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.
TORONTO, Ontario, Jan. 24, 2018 /Weed Wire/ – The impact of non-medical cannabis use in Canada has been the subject of much speculation and debate. There are still many uncertainties related to the health, social, and economic implications of cannabis legalization and regulation. A solid evidence base is needed for the ongoing development of the most effective policies, practices, and programs relating to the use of cannabis and its derivatives.
Investors are betting Canada’s smaller financial firms could see a jump in revenues after they helped fund marijuana companies ahead of the country’s planned legalization of the drug this year.
Ontario is considering allowing licensed cannabis consumption lounges in the province once recreational marijuana is legalized this summer, and is asking the public to weigh in on the idea.
Canadian marijuana producer Aurora Cannabis Inc (ACB.TO) is in talks with rivals CanniMed Therapeutics Inc (CMED.TO) and Newstrike Resources Ltd (HIP.V) to buy both businesses in a friendly deal that would create the nation’s top weed company, people familiar with the matter told Reuters on Friday.
With the Picture Province estimating that recreational legalization will create hundreds of new jobs and generate up to $150 million annually in recreational sales, the province has named the fourth New Brunswick recreational cannabis supplier.
On Jan. 16, 2018, Canadian cannabis company Canopy Growth Corporation (TSX: WEED) announced its arrangement to provide marijuana to the province of Prince Edward Island.
TORONTO, Ontario, Jan. 16, 2018 /Weed Wire/ – On October 16, 2017, the CSA published Staff Notice 51-352 Issuers with U.S. Marijuana-Related Activities.
CHARLOTTETOWN, Prince Edward Island, Jan. 16, 2018 /Weed Wire/ — As Prince Edward Island works to meet the federal government’s timeline for cannabis legalization this summer, the province continues to set policy direction to meet the needs and expectations of Islanders.
Hemp growers hope the federal government’s marijuana legislation will allow them to harvest all parts of the hemp plant.
A Canadian firm is launching an exchange-traded fund that gives investors exposure to the U.S. recreational marijuana market — a sector that’s been largely avoided by other ETFs because of legal uncertainties.
While the fate of legal cannabis may be uncertain in the United States, Canada continues to make progress on its planned rollout of recreational cannabis this summer.
FREDERICTON, New Brunswick, Jan. 10, 2018 /Weed Wire/ – Opportunities NB held a media briefing today to discuss growth plans for cannabis industries. Cannabis services and products have been identified as a key opportunity for growth in the New Brunswick Economic Growth Plan.
Aurora Cannabis Inc. (TSX:ACB) and Canopy Growth Corp. (TSX:WEED) are the two frontrunners in the rapidly emerging Canadian cannabis scene, but will these two powerhouses play leapfrog as legalization day comes and goes?
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.
REGINA, Saskatchewan, Jan. 8, 2017 /Weed Wire/ — The Saskatchewan Liquor and Gaming Authority (SLGA) will issue approximately 60 cannabis retail permits to private operators in as many as 40 Saskatchewan municipalities and First Nation communities.
Canadian cannabis stocks fell on Thursday after the U.S. government said it would resume enforcement of federal laws banning marijuana in states that had legalized pot, disrupting a seven-day rally that boosted shares to record highs.
On Jan. 4, 2018, Canadian marijuana producer Aurora Cannabis (TSX: ACB) announced its decision to team up with Denmark-based Alfred Pedersen & Son in an effort to cultivate and eventually sell marijuana throughout Europe.
TORONTO, Ont., Jan. 4, 2018 /Weed Wire/ — Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) (“Liberty” or the “Company”) announced today that it has entered into a binding term sheet to acquire all of the issued and outstanding shares of 242 Cannabis Canada Ltd. (the “242 Shares”), whose wholly-owned subsidiary 242 Cannabis, LLC, has agreed to purchase a 387 acre parcel of land in Gainesville, Florida (the “Property”).
OTTAWA, Ont., Jan. 4, 2018 /Weed Wire/ — The Board of Directors of Cannabis Canada Association (“Cannabis Canada”) today announced the departure of Colette Rivet from her position of Executive Director and the appointment of Allan Rewak as Acting Executive Director, while a comprehensive search for a permanent replacement is conducted.
A Canadian company plans to launch a large, industrial hemp operation in northern Maine this year in the latest sign of burgeoning interest in the versatile yet tightly regulated crop.
All it took was a little marijuana to lift this Canadian town’s spirits. Smiths Falls, Ontario is seeing a revival of fortunes since medical marijuana producer Tweed Inc. set up shop four years ago in an abandoned Hershey Co. chocolate factory.