Tag Archives: Canada

Manitoba Distribution and Retail of Cannabis and Retail Sales Evaluating Proposals

Province Evaluating Proposals for Cannabis Retail Locations

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.

Canadian Regulators Ask CanniMed to Abandon Rights Plan Against Aurora Bid

Canadian Regulators Ask CanniMed to Abandon Rights Plan

Medical marijuana maker CanniMed Therapeutics Inc (CMED.TO) should withdraw a shareholder rights plan adopted to fend off a hostile bid from larger rival Aurora Cannibis Inc ABC.TO, two Canadian regulators have ruled.

This Is What the Edward Jones Marijuana Report Says About Canada’s Market

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.

Aphria Bets C$10 Mln on Canada's Recreational Marijuana Market

Aphria Bets C$10 Mln on Canada’s Recreational Marijuana Market

Medical marijuana maker Aphria Inc said on Thursday it would invest C$10 million ($7.80 million) in the proposed combination of two recreational marijuana companies to expand its presence in the sector.

GetGreenline

GetGreenline

Here at GetGreenline we are passionate about helping society onboard into a cannabis friendly environment. We’ve built a web-platform that provides cannabis retailers a way to automate their inventory management, sales control, employees and compliance needs so they can focus on educating society on the wonderful solutions that cannabis provides.

5 Reasons Cannabis Stocks Were on Fire in 2017

5 Reasons Cannabis Stocks Were on Fire in 2017

You might be wondering what’s behind the big rally in cannabis stocks? While a generally bullish market has certainly helped, there are five other considerably more prominent reasons behind the rally in marijuana stocks in 2017.

Justin Trudeau Says Canadian Cannabis Legalization Arriving 'Next Summer,' Not July 1

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.

Physical Security

Health Canada Releases First Snapshot of Cannabis Use in Canada

OTTAWA, Ontario, Dec. 19, 2017 /Weed Wire/ — Between March and May 2017, Health Canada asked 9,215 Canadians about their knowledge, behaviours and attitudes towards cannabis use, including driving behaviours after consuming cannabis.

Study: Canadian Cannabis Consumption Was Worth Billions in 2015

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.

BlissCo Cannabis

Supreme Purchases Adjacent Land for Ultra-Premium Cannabis Facility

TORONTO, Ontario, Dec. 18, 2017 /Weed Wire/ — Supreme Pharmaceuticals Inc. (“Supreme or the “Company”) (TSXV:FIRE) is pleased to announce the purchase of an approximately six acre property adjacent to the 7ACRES facility in Kincardine, Ontario.

Marijuana Index Gains Continue As Pot Stocks Anticipate Prohibition Repeal

Marijuana Index Gains Continue As Pot Stocks Anticipate Prohibition Repeal

It was another big day of gains on Tuesday for the North American Marijuana Index, even as some investors anxiously wait for the Fed to announce an interest rate hike in the next 24 hours.

Canadian Marijuana Index Jumps 52% in November, Reaching All-Time High

Canadian Marijuana Index Jumps 52% in November, Reaching All-Time High

After gaining 15% in October, the Canadian market continued its rally as the Canadian Marijuana Index increased 52% in November, the largest single month increase since the index’s creation.

Finance Ministers Revise Canadian Cannabis Tax Plan

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.

Department of Canada: Proposed Excise Duty Framework for Cannabis Products and Finance Ministers

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.

Cooperativa Caucannabis Environmental Impact PharmaCielo

PharmaCielo Partner Cooperativa Caucannabis Announces Receipt of Cannabis Cultivation Licence

RIONEGRO, Colombia and TORONTO, Canada, Dec. 11, 2017 /Weed Wire/ — PharmaCielo Colombia Holdings S.A.S. today announced that its Cauca department-based partner, Cooperativa Caucannabis, a collaborative of small growers, has received its licence for the cultivation of psychoactive cannabis from the Ministry of Justice.

Surface Technology

Surface Technology: Cannabis Growing Operations Flooring Contractor

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.

CanniMed Asks Canadian Regulators to Intervene in Hostile Aurora Bid

CanniMed Asks Canadian Regulators to Intervene in Hostile Aurora Bid

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.

Cam Battley: CanniMed Shareholders Should Tender Their Shares to Aurora

Cam Battley: CanniMed Shareholders Should Tender Their Shares to Aurora

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.

Manitoba Distribution and Retail of Cannabis and Retail Sales Evaluating Proposals

Manitoba Introduces Measures to Responsibly Control Retail Sales of Cannabis

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.

British Columbia and Cannabis Safety and Cannabis Regulation and Liquor Distribution Branch Policy Decisions

BC Releases First Decisions on Cannabis Regulation After Public Engagement

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.

Physical Security

Don’t Drive High: Public Awareness Campaign Launches Today

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.

Aphria Stock Soars Following Announcement of Medical Cannabis Deal With Shoppers Drug Mart

Aphria Stock Soars After Announcement of Cannabis Deal With Shoppers Drug Mart

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 Boosts Stake in Australia-Based Cann Group

Canada’s Aurora Cannabis Boosts Stake in Australia-Based Cann Group

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.

SAQ

Tilray Receives Support For Medical Cannabis Innovation

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.

AMO

AMO Calls on Ontario Government to Cover Municipal Cannabis Costs, Share New Taxes With Local Governments

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.

Northwest Territories Cannabis

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.

Marijuana Advent Calendar Sales Soar Despite Health Warnings

Marijuana Advent Calendar Sales Soar Despite Health Warnings

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.

Northwest Territories

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.

Newfoundland and Labrador

Provincial Government Releases First Details on Cannabis Legalization in Newfoundland and Labrador

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.

GrowPros

Tetra Bio-Pharma’s Business Model and Commercialization Strategy In Line with the Canadian Government’s Proposed Approach to the Regulation of Cannabis

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.

Physical Security

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.

Transition Sundial Growers Cannabis Canada Association

Statement on the Government of Québec’s plan for the Regulation of Cannabis

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.

Most Canadian Cannabis Producers Expect Consolidation of Competition

Most Canadian Cannabis Producers Expect Consolidation of Competition

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.

EY: Scaling Up in Canada

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 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.


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