Manitoba is studying whether to involve the private sector in rolling out sales of marijuana in the Canadian province — a contrast to Ontario’s plan to sell the drug in government-run stores.
Tag Archives: Canada
HALIFAX, N.S., Sept. 26, 2017 /Weed Wire/ — A new study from Dalhousie University found that 46% of Canadians would try cannabis-infused food products if they became available on the market.
While cannabis regulations have already been proposed for Ontario and New Brunswick, British Columbia cannabis regulations have yet to take shape; however, on Sept. 25, 2017, the provincial government announced that it is now collecting public input on how it should sell and regulate the substance.
VANCOUVER, B.C., Sept. 25, 2017 /Weed Wire/ — Government is inviting British Columbians to share their views about how the Province can keep young people, neighbourhoods and roads safe after Canada legalizes non-medical cannabis next year.
Canadian teens curious about cannabis will be the target of a new awareness campaign being launched by Health Canada.
The legalization of recreational cannabis in Canada has the country preparing for unprecedented expansion and with that will undoubtedly come career opportunities, but what can job seekers expect in regards to Canadian cannabis salaries?
W. CONSHOHOCKEN, Penn., Sept. 22, 2017 /Weed Wire/ — A new global cannabis standardization group formed through ASTM International will host a free hemp and cannabis workshop on 10-11 October at the Berlin Marriott Hotel in Germany.
CALGARY, Alberta, Sept. 22, 2017 /Weed Wire/ – GEA Technologies Ltd. “NEX:GEA.H” (“GEA” or the “Company”), an Alberta corporation listed on the NEX exchange, and DropLeaf LLC (“DropLeaf”), a limited liability company governed by the laws of Nevada, are pleased to announce (further to the press release dated September 8, 2017), that the merger transaction has been completed.
Ontario will try to sell legal pot for a price low enough to squash the black market. The government plans to establish a price for recreational marijuana that isn’t too high in order to eliminate illicit sales.
New Brunswick recently announced how the province will manage the sale and distribution of marijuana. New Brunswick has also signed deals with Canopy Growth Corp. (TSX:WEED) and another company listed on the venture exchange.
With Ontario and New Brunswick having already announced plans for selling recreational cannabis in July 2018, prospective stakeholders in Canada’s remaining provinces are eyeing potential entry points.
TORONTO, Sept. 19, 2017 /Weed Wire/ – Cannabis Compliance Inc., (CCI) of Toronto, Ontario, Canada, is pleased to announce the formation of a strategic partnership with 3|Sixty Secure Corp. of Ottawa, Ontario, Canada, to provide the ultimate in security, transport and compliance for Canadian medical marijuana.
NIAGRA FALLS, Ontario, Sept. 19, 2017 /Weed Wire/ — Responding to a need for skilled graduates who are knowledgeable in the complex regulations and requirements of an emerging industry, Niagara College will launch a Graduate Certificate program in Commercial Cannabis Production in 2018.
Landmark legislation has led to the first serious deal in terms of shipping cannabis globally, with an initial consignment of dried medical cannabis already on its way to Germany for distribution. Now that Aurora are the proud recipients of a Health Canada issued Export Permit, they can legally send medical cannabis to Germany.
On Sept. 15, 2017, the Canadian province of New Brunswick announced during a news conference that Organigram (TSXV:OGI) and Canopy Growth (TSX: WEED), both already licensed producers in Canada’s medical marijuana program, will distribute recreational marijuana to retail stores established by a newly created provincial crown corporation.
Canada’s justice ministers are asking for clarity and support as they scramble to organize and police an entirely new marijuana industry in less than 10 months.
In response to the upcoming legalization of marijuana in Canada in 2018, the Mohawk Council of Kahnawà:ke (MCK) announced today that, effective immediately, it has declared a Moratorium on the production, distribution and sale of cannabis within the Territory until such time as the community adopts its own regulations on the matter.
While Canada’s House of Commons is hashing out the details of legalization, stakeholders have been trying to determine how many recreational cannabis consumers will participate in the legal market and now there’s a new report to help them.
On Sept. 11, 2017, Canada’s House of Commons health committee returned to Parliament Hill in Ottawa to begin the first of five full-day hearings on Canadian cannabis legalization.
On Sept. 8, 2017, Ontario became the first province to reveal its plans to regulate Canadian cannabis, proposing to handle it in a fashion similar to that of tobacco and alcohol.
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.
Canadian cannabis producer Tilray says it will invest 20 million euros in a medical cannabis operation in Portugal after winning federal licences there.
CANTANHEDE, Portugal, Sept. 7, 2017 /Weed Wire/ – Tilray, a global pioneer in medical cannabis research and production, announced plans today to invest up to €20 million in a European Union Campus (EU Campus) after receiving licenses from the Government of Portugal to import cannabis genetics and to cultivate cannabis for medical purposes.
SYDNEY, Australia, Sept. 5, 2017 /Weed Wire/ – The Hydroponics Company (ASX: THC) (THC or Company) has provided an update following international meetings held by its executive team in Europe, Israel and Canada.
With prices for many major Canadian cannabis stocks such as Canopy Growth Corp., Aphria Inc., and Aurora Cannabis Inc. trading sideways over the past few months, investors are now wondering which direction stocks will move from here, and what the long-term play with this industry is overall.
It’s a growing trend: hemp for pets. But it could soon be harder to find. Utah’s Department of Agriculture and Food announced Wednesday it had issued warnings to more than two dozen businesses, asking them to stop manufacturing and selling adulterated or misbranded commercial feed.
While Prince Edward Island legalization will happen in conjunction with Canada in July 2018, the province is taking a proactive measure in the development of its jurisdiction-specific regulations.
Canopy Growth Corp. (TSX:WEED) was the first cannabis stock to the market and quickly captured the attention of traders and risk-taking growth investors alike. As a result, shares of Canopy skyrocketed 300% in a span of just a few months last year.
It seems as though news of recalls related to specific batches of bad marijuana from licensed Canadian producers has been coming in more frequently than marijuana investors and consumers would like to see.
Whereas most weed businesses are working harder than ever to increase their grow capacity, Cronos Group is a company that’s trying to work smarter. Based in Canada, Cronos Group is an investment firm that primarily invests in Canadian-based pot companies involved in Canada’s medical-marijuana industry.
There has been a lot of news in the marijuana industry this year. The medical marijuana industry exploded, and many new companies came to market in a frenzy, which reminded investors of the exciting technology bubble.
TMX Group Ltd. (TSX:X), the operator of the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), has reportedly been speaking with regulators to figure out what will happen to Canadian marijuana producers with assets in the U.S.
LOS ANGELES, Aug. 21, 2017 /Weed Wire/ — Agritek Holdings, Inc. (OTCQB: AGTK) www.AgritekHoldings.com, a fully integrated, active cannabis real estate investor and branding consultant in the legal cannabis sector, today announced that the Company has received an additional $300,000 in funding for the month of August.
Canada’s TMX Group Ltd (X.TO) is seeking guidance from the country’s securities regulators, it said on Thursday, as it weighs how to deal with marijuana companies listed in Canada with interests in the United States, where the business remains federally illegal.
NANAIMO, British Columbia, Aug. 17, 2017 /Weed Wire/ — Tilray Canada Ltd., a Good Manufacturing Practice (GMP)-certified global leader in medical cannabis research and production, announced today that it will invest, through an affiliated entity, up to $30 million in a second cultivation and processing facility located in Enniskillen, Ontario.
On Aug. 14, 2017, the Ontario chapter of the Canadian Mental Health Association released a report that calls for wide ranging rules and restrictions to be placed on the province’s recreational marijuana market once it becomes legal in 2018.
TMX Group Ltd’s CEO on Thursday brushed off signs that the grip of Canada’s dominant stock exchange operator on overall trading volumes was slipping, saying recent market share losses were mostly due to its rejection of certain listings.
For many weed stocks, the summer of 2017 hasn’t been what you’d call a scorcher. However, three marijuana stocks have sizzled this summer.
TORONTO, Aug. 4, 2017 /Weed Wire/ — CNSX Markets Inc. (“Canadian Securities Exchange”, “CSE” or the “Exchange”) has today released guidance pertaining to listings of cannabis companies with assets or operations in the United States. There is significant uncertainty in Canada surrounding these listings, and the CSE wishes to confirm its position.
Identifying companies in great financial health is important when investing in an industry like marijuana. That being said, the Canadian marijuana stocks on our list all have current ratios of at least 10x, and debt to equity ratios under 20%.
Although the hype has worn off when it comes to Canadian marijuana companies, major growth prospects still exist in this newly emerging industry.
The Creso Pharma Ltd (ASX: CPH) share price has been amongst the biggest movers on the market this morning. This morning the company revealed that it plans to expand into the Canadian market.
The Canadian government is moving quickly to legalize marijuana and, unlike the patchwork state-by-state approach unfolding in the U.S., Canada is set to make it legal nationwide by this time next year.
With his cannabis brand having already rolled out in Colorado and Canada, the recent launch of Snoop Dogg water pipes, known as POUNDS, means consumers can smoke Snoop-approved cannabis out of Snoop-approved glass.
Well, we have news for Canadian marijuana stock investors: There’s a new threat on the horizon, at least for our neighbors to the north.
Only 51 authorized licenses have been given to suppliers of medical marijuana in Canada. Canopy Growth Corporation holds four of them.
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.
HAMILTON, Ontario, July 5, 2017 /Weed Wire/ — With the anticipation of the sale and use of recreational cannabis scheduled to become legal in Canada by July 1, 2018, the Canadian Centre for Occupational Health and Safety (CCOHS) has published a White Paper to help workplaces prepare for the potential challenges and impact this new legislation may have on workplace safety, such as impairment.
OTTAWA, Ontario, July 5, 2017 /Weed Wire/ — Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (CSE:TBP)(CSE:TBP.CN)(CNSX:TBP)(OTCQB:TBPMF), today announced that it has strengthened its position on bringing marijuana to patients in the form of a prescription drug.
Canadian marijuana players have been rushing to invest and take strategic positions in the new Germany medical cannabis market since late 2016, and this trend is set to continue going forward.