Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Wed
30
May

Starseed Medicinal launches unique medical cannabis supply and service model across Canada

Starseed Medicinal Inc. ("Starseed"), the first medical cannabis company to form a strategic partnership with a large private health benefit plan, is pleased to announce that it has officially launched its unique medical cannabis supply and service model with LiUNA local 625 in Windsor, Ontario and will be expanding the program across Canada in the coming months.

Starseed has partnered with Laborers' International Union of North America ("LiUNA"), Canada's largest construction union with 120,000 active members, which has commenced providing health coverage for medical cannabis to its members and their dependants. This partnership is part of a growing global movement towards finding viable alternatives to opioids for treating chronic pain.

Wed
30
May

Meet Nova Scotia's 3 legal cannabis growers

The race is on for growers to achieve the next level of licensing from Health Canada — the licence to sell.

It might sound like a setup line to a joke.

What do an old slaughterhouse, an empty Bowater building and a former military facility all have in common?

The punchline: All three are now being used to grow cannabis in Nova Scotia — the start of what the farmers say will be a bumper crop in three communities.

In the Wentworth Valley, there are hundreds of plants in various stages of growth at Breathing Green Solutions.

Wed
30
May

Vancouver chef agency celebrating Canada Day with weed-infused dinners

While the majority of the city’s pot community was engulfed in smoke at Sunset Beach Park, a former Master Chef contestant was cooking up weed-infused meals for 132 strangers.

Wed
30
May

Aurora Cannabis Inc. (TSX:ACB): Could this be the best stock news release for the month?

The aggressively growing Canadian pot stock Aurora Cannabis Inc. (TSX:ACB) has been on a rampant acquisition spree this year with severely dilutive consequences for existing shareholders. The company has released a plethora of news pieces in May, starting with the conclusion of the CanniMed acquisition on May 1, and including the record breaking, high-profile, and evidently expensive MedReleaf Corp. (TSX:LEAF) acquisition at a huge premium. On top of the massive dilution, the massive growth in acquisitions “goodwill” on Aurora’s balance sheet, which highlights overpayments on acquired tangible assets, could be a recipe for disaster if this intangible asset has to be…

Wed
30
May

McLeod's marijuana bill expected to be extinguished

The MP for the Kamloops-Thompson-Cariboo riding is not overly optimistic heading into Wednesday’s vote on her private member’s bill concerning landlords and medicinal marijuana home grows, but she hopes it’s the start of a conversation.

“I’m not anticipating support in terms of the vote from the Liberals,” Cathy McLeod told KTW. “But if they’re not willing to support this, then I think they need to be held accountable.”

McLeod’s bill would give rights to landlords who currently have little to no say on whether Health Canada-approved medicinal marijuana users grow pot plants in their homes.

Wed
30
May

Which marijuana stock is a top buy this summer?

As the legalization deadline for marijuana recreational use nears, some investors are again looking toward Canada’s pot stocks, hoping to make a quick buck. But does investing in marijuana stocks make sense just before this major event? By looking at the share prices of Canada’s top marijuana producers, it seems the majority of investors have adopted a wait-and-see approach. After delivering triple-digit gains in 2017, the top marijuana stocks are having a roller-coaster ride so far this year. This price action partly reflects the impact of the ongoing consolidation in the sector,…

Wed
30
May

Canada's pot companies are growing way too much bud, this investment advisor says

With only weeks to go before recreational marijuana becomes legal in Canada, there are still a number of unknowns about how the pot industry will take shape. One thing’s for certain, though: Canada’s cannabis producers are growing way too much weed, says Wolfgang Klein of Canaccord Genuity.

The countdown is on, as across the country licensed producers big and small are now erecting greenhouses and planting marijuana crops at a furious pace. And the promised production numbers are huge. Take the two clear leaders in the space, Canopy Growth and Aurora Cannabis: both companies are building facilities covering millions of square feet each, with expected growing capacity for each company now projected into the 400,000 kg of dried cannabis range.

Wed
30
May

Home-grow entrepreneurs await marijuana legalization

Entrepreneurs who want to sell supplies to help consumers grow cannabis at home are waiting anxiously for June 7, when Canadian senators are expected to vote on, and potentially amend, the Cannabis Act.

One amendment that may pass is a ban on Canadians’ ability to grow cannabis for recreational purposes at their homes.

The likelihood of that amendment passing in a vote of the entire Senate dimmed a bit May 28, when a Senate committee voted by a 6-5 margin against the proposal. That committee vote result, however, is not binding, and does not limit the full Senate from accepting an amendment in the Cannabis Act to have a nationwide ban on grow-your-own cannabis in a June 7 vote.

Wed
30
May

Chambers take cannabis resolution to BC Chamber

Two East Kootenay chambers of commerce are teaming up to find a way to protect and boost the lot of small business owners as Canada heads toward cannabis legalization this July.

The Kimberley & District and the Columbia Valley Chambers of Commerce report they are working to protect small business owners by submitting a policy resolution to over 200 delegates at the British Columbia Chamber of Commerce Annual General Meeting in Kamloops on Friday, May 25.

The resolution, entitled, Distribution Fairness for Craft Producers and Retailers (DFCPR) in the emerging cannabis market was adopted by the delegation making it an official policy of the BC Chamber of Commerce.

Wed
30
May

Pot shops and daycares can't be neighbours, Regina city council says

Pot stores can't set up within a block of daycares, schools, places where minors congregate.

Regina's city council has decided that the city's future pot shops cannot within one block of daycares, schools or other places youths are known to frequent — unless it's downtown.

The one block buffer zone will not apply in downtown Regina. Instead each shop's approval in the area will be at the discretion of city council.

Likewise, if a pot shop is set up first, a daycare, school or any other place with children cannot set up within one block. The final bylaw will be put to a vote on at next month's city council meeting.

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