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.
Tag Archives: Canada
LANCASTER, Penn., Dec. 11, 2017 /Weed Wire/ — As more firms across the US and Canada undertake growing cannabis in the new legalized environment, there is an increasing need for safe, marijuana-friendly industrial flooring systems. Surface Technology has emerged as the leader in planning and installing high-performance flooring and wall systems specifically designed to meet the needs of cannabis growing and processing facilities.
Medical marijuana company CanniMed Therapeutics Inc has asked Canadian regulators to intervene as it seeks to prevent a hostile takeover by bigger rival Aurora Cannabis Inc.
HALIFAX, N.S., Dec. 7, 2017 /Weed Wire/ — Following consultation with Nova Scotians, health experts, law enforcement officials, municipalities, and other stakeholder groups, the province announced key decisions about the legalization of cannabis today, Dec. 7.
Aurora Cannabis has launched the first ever “hostile” takeover of another ACMPR Licensed Producer of Medical Marijuana. Executive Vice President Cam Battley lays out the case for why CanniMed shareholders should tender their shares to the Aurora bid.
WINNIPEG, Manitoba, Dec. 5, 2017 /Weed Wire/ — The Manitoba government is introducing new legislation today that would set out where and how legal cannabis may be sold, with additional measures to protect young Manitobans and empower municipal decision-making, Justice Minister Heather Stefanson announced today.
VANCOUVER, B.C., Dec. 5, 2017 /Weed Wire/ — After considering input from 48,951 British Columbians, and submissions from 141 local and Indigenous governments and a range of other interested stakeholders, the Province has announced a number of key decisions related to the anticipated legalization of non-medical cannabis in July 2018.
OTTAWA, Ontario, Dec. 5, 2017 /Weed Wire/ – Today, the Honourable Ralph Goodale, Minister of Public Safety and Emergency Preparedness, launched the Government of Canada’s drug-impaired driving public awareness campaign to communicate to Canadians the risks associated with driving under the influence of cannabis and other drugs.
Following market close on Dec. 4, 2017, Aphria Inc. (TSX:APH), an Ontario-based licensed producer of medical cannabis, made headlines when it announced that it had entered into an agreement to be the medical cannabis supplier for Shoppers Drug Mart, a Canadian pharmacy chain.
Canada’s Aurora Cannabis Inc (ACB.TO) said on Monday it increased its stake in Australia-based Cann Group Ltd (CAN.AX) to 22.9 percent from 19.9 percent, its latest move to expand in the cannabis industry.
NANAIMO, British Columbia, Nov. 30, 2017 /Weed Wire/ — We’re excited to announce that Tilray received research funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support product development and other research projects.
TORONTO, Ont., Nov. 30, 2017 /Weed Wire/ — The Association of Municipalities of Ontario (AMO) President Lynn Dollin was at Queen’s Park today to request that the Government of Ontario cover municipal costs related to the legalization of cannabis, and provide municipalities with a share of tax revenues generated by cannabis sales.
MPs passed the Liberal government’s bill to legalize cannabis Monday evening, sending the marijuana legislation down the hall to the Senate for further study and debate.
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.
A Vancouver cannabis company is scrambling to keep up with a flood of orders for marijuana-filled advent calendars, but the novel take on a popular Christmas tradition has some health experts ringing alarms.
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.
ST. JOHN’S, NL, Nov. 23, 2017 /Weed Wire/ — The Government of Newfoundland and Labrador provided the first details today on how cannabis legalization will look in the province in July 2018, the timeframe the Federal Government has set for implementation.
OTTAWA, Ontario, Nov. 22, 2017 /Weed Wire/ — Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TSX VENTURE:TBP)(OTCQB:TBPMF), a global leader in cannabinoid-based drug development and discovery, today announced that the Canadian Government’s Proposed Approach to the Regulation of Cannabis further confirms the strategic direction of its business model, and that the company is in an excellent position to commercialize natural health products and drugs post-legalization for both the pet and human markets.
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.
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.
OTTAWA, Ontario, Nov. 21, 2017 /Weed Wire/ — Cannabis Canada, and the licensed producers of medical cannabis that it represents, share Province’s commitment to ensuring adult Quebecers have access to safe, regulated cannabis products and support the Government’s decision to make clear its intentions regarding the distribution and retail of adult-use cannabis.
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.
WHITEHORSE, Yukon, Nov. 20, 2017 /Weed Wire/ — The Government of Yukon has released its proposed framework for the legalization of cannabis, which will form the basis of new territorial legislation to regulate cannabis in Yukon.
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’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.
While New Brunswick marijuana was slated to be supplied by two public companies, the province has added one more licensed producer to the mix.
ATHOLVILLE, New Brunswick, Nov. 20, 2017 /Weed Wire/ – A memorandum of understanding has been signed with Zenabis to supply the provincial government with cannabis for the recreational market. The move is related to preparations for the federal government’s legalization of cannabis for recreational use, expected in July 2018.
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.
Not surprisingly, Canadian pot stocks have been the top performers of late, with Canopy Growth Corp. (NASDAQOTH:TWMJF), the now-largest marijuana stock in the world by market cap, leading the charge.
Vancouver-based Aurora Cannabis Inc. said Tuesday that it has made an all-share offer for CanniMed Therapeutics Inc., a fellow Canadian medical marijuana company.
WASHINGTON, Nov. 14, 2017 /Weed Wire/ — New Frontier Data, the global cannabis industry authority in intelligence reporting and data analysis, and Steep Hill, the leader in cannabis testing and scientific analytics worldwide, have created a strategic alliance to offer their technology and scientific expertise to governmental agencies in European Union member countries.
OTTAWA, Ontario, Nov. 14, 2017 /Weed Wire/ — Cannabis Canada, and the licensed producers of medical cannabis it represents, share the Government of Canada’s commitment to regulating and restricting access to cannabis to keep it out of the hands of youth, and the profits out of the hands of criminals.
OTTAWA, Ontario, Nov. 14, 2017 /Weed Wire/ — The Department of Finance Canada today published for consultation a proposed excise duty framework for cannabis products. The proposed level of taxation is intended to keep prices low to eliminate the black market, as discussed at the Finance Ministers Meeting last June.
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.
OTTAWA, Ontario, Nov. 10, 2017 /Weed Wire/ — Today, Health Canada hosted a one-day public education symposium with approximately 90 representatives from federal, provincial and territorial governments, Indigenous groups, and health and other partner organizations that play a role in raising awareness and educating Canadians about the health and safety risks of cannabis use.
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.
Manitoba’s the latest province to unveil its plan for marijuana sales and distribution, releasing details Tuesday on how the new industry will operate.
NANAIMO, British Columbia, Nov. 8, 2017 /Weed Wire/ — Tilray, a GMP-certified global leader in medical cannabis research and production, today announced that the company has successfully exported live medical cannabis genetics from its flagship British Columbia, Canada facility to its European Union Campus in Cantanhede, Portugal.
IBM Corp., one of the bluest of U.S. blue-chip companies, is touting blockchain as the supply-management tool of choice for an unusual industry — cannabis.
WINNIPEG, Manitoba, Nov. 7, 2017 /Weed Wire/ — In order to meet the July 2018 timeline mandated by the federal government to permit the recreational use of cannabis, the Manitoba government unveiled a hybrid retail and distribution model that allows both the public and private sectors to do what they each do best, Premier Brian Pallister announced today.
Making it easier to calibrate the correct dose of medical marijuana may prompt more physicians to prescribe it as an alternative to a painkiller such as opioids, according to one Canadian company.
PHOENIX, Ariz., Nov. 7, 2017 /Weed Wire/ — Corix Bioscience Inc. (OTCQB: CXBS) has purchased 100% of Pharmaceutical Development Corp., allowing Corix to commence selling its proprietary cannabis products internationally.
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.
OTTAWA, Ontario, Oct. 31, 2017 /Weed Wire/ — The Government of Canada introduced legislation to legalize, strictly regulate and restrict access to cannabis to keep it out of the hands of Canadian youth and the profits from criminals and organized crime.
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.
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.
Enforcing Canada’s new legal weed comes with a high price tag. The federal government will spend C$546 million ($426 million) over the next five years to implement its new cannabis laws, according to the latest budget forecast.
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 high-growth industry certainly offers terrific prospects that would be envied by many tech stocks. However, a big hurdle for some investors is investing in “sin stocks,” or what could be perceived as unethical industries and businesses.
EDMONTON, Alberta, Oct. 20, 2017 /Weed Wire/ — Albertans have one more week to provide their feedback on the draft Alberta Cannabis Framework through an online survey.