Quebec might not seem like the obvious place to get into the cannabis business. For the few cannabis businesses calling Quebec their home however, there is major upside and potential in doing business in French Canada.

Despite rapidly growing sales, pot stocks may not be as profitable as once believed.

In just 15 days, the wheels are likely to be set in motion to make adult-use marijuana legal in our neighbor to the north. On June 7th, Canada's Senate will vote on the Cannabis Act, with a positive outcome expected to lead to recreational legalization not long after. By August or September, roughly eight to 12 weeks after the bill is signed into law, adults aged 18 and over will be able to legally purchase marijuana in Canada.

The top performing OC Micro-Cap Fund has said cashed-up Cann Group Ltd (ASX:CAN) has “myriad opportunities” in the fast developing medical cannabis industry, saying the company has “a clear path to profitability.”

Cannabis company is currently renovating one structure, building another.

If things go according to plan, the Back Home Medical Cannabis Corporation will soon be providing medical cannabis — and jobs — to the province of Newfoundland and Labrador.

The company is planning a large, high-tech pot grow operation for Barachois Brook near Stephenville, with hopes of having product available by the time it's legalized later this year.

"We've got, I think, probably as good an opportunity to be a very successful company as any on the globe," said David Callahan, the president of Back Home Medical Cannabis, which is owned by Biome Grow.

'High-tech operation' promises jobs

Pete Patterson loves to see people's reaction when he tells them he makes the machinery used to process marijuana.

Some are shocked and taken aback, after all, cannabis used to be an illegal drug.

Others are impressed and think it's cool Patterson is capitalizing on a thoroughly modern and lucrative business sector.

"When we first started Vitalis Extraction Technology, I used to cover my mouth and say what business I was in quietly," said Patterson, who is the company's co-founder and chief operating officer.

"Now, I'm very open about it. It's not taboo anymore. We don't touch the plant."

Cannabis Wheaton Income Corp. (TSX.V:CBW) today announces that it has entered into an agreement with a syndicate of underwriters, led by BMO Capital Markets, pursuant to which the underwriters have agreed to buy on a bought deal basis, 71,500,000 units of the Company ("Units") at a price of C$1.40 per Unit (the "Offering"), representing aggregate gross proceeds to Cannabis Wheaton of approximately C$100 million.

Each Unit entitles the holder to acquire, for no additional consideration, one common share (“Common Share”) of Cannabis Wheaton and one-half of one common share purchase warrant (each whole common share purchase warrant a “Warrant”) of Cannabis Wheaton.

Alcohol-use policies will likely apply to marijuana but gauging impairment is tricky.

With recreational marijuana set to be the law of the land in just weeks, employers will have to develop human resource policies that recognize this significant shift, an HR professional says.

"They need to review their HR policies to prepare for this new challenge," Daniel Boucher told The Homestretch on Tuesday.

Boucher is the regulatory affairs and research director at Chartered Professionals in Human Resources of Alberta. He says there are three broad categories that will need to be updated.

"Fitness for duty, impairment and alcohol and drug policies," he said.

A large-scale East Ladner greenhouse sees big money in pot, even if it’s sold lower prices.

Health Canada this year gave the go-ahead for Emerald Health Therapeutics, a B.C.-based licensed producer of medical cannabis, to grow medical marijuana at the Village Farms greenhouse. The joint venture, called Pure Sunfarms, is planning to grow recreational cannabis in advance of its legalization later this year.

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In a news release this week, Village Farms’ CEO Michael DeGiglio calls cannabis production “truly transformational”.

It used to be taboo.

Now, cannabis is poised to take 2018 by storm.

Only a few years ago, marijuana was seen as a ‘’gateway drug’’.

Flash forward to today: cannabis is a huge business, one that could be worth $25 billion in the U.S. alone by 2020, and analysts expect demand to skyrocket as new laws are passed and social attitudes change.

Fleurish Cannabis Inc. ("Fleurish"), Canada's only exclusively female-focused cannabis health and wellness company, is proud to announce a strategic creative and branding partnership with apt. 3304, a boutique creative agency led by female entrepreneurs Cecelia Torchia and Caitlin Purssell. The partnership is part of the Fleurish Cannabis commitment to collaborate with talented female entrepreneurs in the emerging cannabis market.