Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Fri
08
Jun

Aurora Cannabis welcomes historic Senate vote to legalize the adult usage of cannabis in Canada

Aurora Cannabis Inc. ("Aurora" or the "Company") (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) comments on today's Canadian Senate's vote in favour of Bill C-45, which governs the legalization of the adult consumer use of cannabis.

Fri
08
Jun

Canada's Senate votes to legalise recreational marijuana

Long-term goal of Justin Trudeau's Liberal party set to be realised after Conservative senators defeated.

Canada has taken a key step towards legalising recreational marijuana after senators voted in favour of new legislation permitting nationwide use of the drug.

The upper chamber Senate voted 56 to 30 in favour of new rules on Thursday, but also included amendments the House of Commons will need to decide on before the law can be passed.

Fri
08
Jun

Opposition says provincial government is blowing smoke on uncertainty over cannabis revenues

In effort to see budget implementation bill, NDP produces document showing PCs have done profit projections.

The Progressive Conservative government is using the uncertainty around federal cannabis regulations as a smokescreen to delay revealing the details of its budget implementation bill, according to the Opposition Leader Wab Kinew.

The NDP is demanding to see the Budget Implementation and Statutes Amendment Act before giving up their right to ask questions under a process known as concurrence. Premier Brian Pallister has blamed uncertainty around federal cannabis regulations as the reason the provincial government hasn't introduced the bill.

Fri
08
Jun

Some business risks from marijuana regulation changes

A Canadian fish oil supplement supplier, a business that hopes to enter the medical marijuana industry, is warning of the risks posed by the “rapidly-evolving” cannabis industry and uncertainty over Health Canada’s license approval process.

Health, safety and environmental regulations “are subject to change and development,” Neptune Technologies & Bioressources Inc. said in its management discussion and analysis of its financial results, released Tuesday. Quebec-based Neptune, a vendor of fish oil, is applying for a licence with Health Canada to produce cannabis oil.

Fri
08
Jun

Two cannabis retail store permits selected for Weyburn by SLGA

The Saskatchewan Liquor and Gaming Association selected the operators for the province’s 51 cannabis retail store permits.  More than two-thirds of these successful applicants are from Saskatchewan or have operations in the province.

Receiving the Weyburn permits will be Torrance Aitken of Weyburn and Compass Cannabis Clinic, which operates in B.C. and Alberta.

Fri
08
Jun

Calgary to allow festivals to set up tents where cannabis can be consumed

The City of Calgary will allow festivals to set up tents where marijuana can be consumed once it’s legalized.

The so-called cannabis festival tents will have to undergo a review and be approved by city administration.

The aim of setting up the separate pot-smoking areas is to avoid offending other festival-goers with the smell.

Coun. Diane Colley-Urquhart says it’s good to err on the side of having tougher regulations, with the option of loosening them once the impact of legalization is known.

But Coun. Evan Woolley says it’s a solution in search of a problem and there’s been cannabis use at the Calgary Folk Music Festival for years without incident.

Fri
08
Jun

Cirque du Soleil founder Guy Laliberté entering marijuana business

Cirque du Soleil co-founder Guy Laliberté is getting into the cannabis business.

Laliberte’s Groupe Lune Rouge has announced the purchase of 12.85 per cent of Ontario firm 48North Cannabis.

Lune Rouge says in a statement it has assessed the market and believes there is growth potential in the medical cannabis sector.

48North was known as Kramer Capital until this week.

The 12.85 per cent stake represents 10 million shares, and Lune Rouge also has warrants to acquire an additional 9,550,909 shares that would boost its interest to 22.4 per cent.

Laliberté founded Lune Rouge in 2015 with the aim of promoting innovation, creativity and entrepreneurship.

Fri
08
Jun

Environmental decision on proposed Clarenville medical cannabis facility due July 19

Operation and security will adhere to the Access to Cannabis for Medical Purposes Regulations.

Municipal Affairs and Environment Minister Andrew Parsons will have just over a month to make a decision on a Clarenville medical marijuana facility proposed by Ralph Duffitt.

According to a bulletin issued by the Department of Municipal Affairs and Environment today, June 7, the project has been registered for an environmental assessment.

As previously reported by The Packet, the Clarenville businessman has filed an application with Health Canada for a license to grow and produce medical marijuana at 72 Marine Dr.

Fri
08
Jun

Market for retail space fires up ahead of pot legalization

With marijuana set to be legalized in Canada, the market for retail office space has lit up big time in Red Deer.

Jeremy Makila with RE/MAX Commercial in Red Deer says businesspeople are coming from far and wide to snatch up what’s currently available with the hopes of opening up a retail cannabis store.

“You’re seeing some spaces leased up that likely would’ve sat a bit longer if it weren’t for this almost artificial rush. There are no new industries that come out that would cause this. To have an influx like this is very artificial in the market,” he says.

Fri
08
Jun

A look at the implications that come with marijuana legalization in Hamilton: ON

One of the biggest milestones in the Canadian history of legalized weed might come into play this summer.

As of right now, marijuana remains a Schedule II drug under the Controlled Drug and Substances Act. Unless otherwise regulated for production and distribution for medical purposes, it is subject to offenses under that act. Processing and selling marijuana for non-medical purposes is still illegal everywhere in Canada.

The Cannabis Act, also known as Bill C-45, is an act that was introduced to Canadian Parliament in 2017. This act would legalize cannabis nationwide when combined with Bill C-46, an act to amend the criminal code.

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