According to Reuters, a deal worth up to US$235 million was recently made between Globus Pharma and an unnamed Canadian company.

Together, an Israeli pharmaceutical company just solidified plans to sell 5 tonnes of cannabis oil to an unknown Canadian company. The deal is potentially worth hundreds of millions of shekels. A Together subsidiary, Globus Pharma will be in charge of the business dealings. The Canadian company involved remains under-wraps. The arrangement will have the Canadian company purchasing 5 tonnes of cannabis oil (or 50 tonnes of dried inflorescences) per year from Globus and includes a research and development partnership to advance medical cannabis technologies.

Have you ever wondered how to treat multiple sclerosis with cannabis? We did the research for you.

In the US alone, over 400,000 Americans struggle with to manage the daily symptoms of Multiple Sclerosis (MS). MS is an autoimmune disorder that presents with neurologic manifestations. Patients may receive a diagnosis of relapsing-remitting or progressive types of the disease.

Bruce Linton, CEO of Canopy Growth, is setting the bar high for corporate social responsibility within cannabis.

Last Friday, Tweed, the Canadian brand under the umbrella of the largest publicly traded cannabis stock in the world, Canopy Growth Corporation, made a major announcement. The company took the high holiday as an opportunity to share its own incredible 4/20 commitment to the communities it serves, in the form of Tweed Collective.

DELTA 9 CANNABIS INC. (TSXV: NINE) ("Delta 9" or the "Company") is pleased to announce that Health Canada has approved the Company's application for an amendment to its cannabis production and sale license which will allow it to produce bottled cannabis oils under the Access to Cannabis for Medical Purposes Regulations (the "ACMPR"). The license amendment was issued on April 20, 2018 and is valid until August 30, 2019. "This is another important step for Delta 9 in preparing for legalization in Canada, but also in working with our partners in Germany, where we have signed an export agreement," said Delta 9 CEO John Arbuthnot.

Additional layer of consultation raises questions of whether stores open in time.

When the first four cannabis store locations for Ontario were announced earlier this month, the single Toronto site caused a ruckus because it was walking distance from an elementary school, ensconced in a strip mall that houses a McDonald's and Tim Hortons the students frequent at lunch time.

Both the Toronto School Board and Premier Kathleen Wynne appeared caught off guard by the store's proximity to the school, about 450 metres away. Wynne subsequently ordered school boards be consulted before any more locations are announced.

That might sound reasonable, but there's only one problem: some Ottawa school boards have no idea what "consultation" means.

About two years ago, Chris Snellen was diagnosed with cancer of the tonsils as a result of the human papillomavirus.

When he broached the subject of a referral to the Canabo Medical Clinic in Churchill Square, his medical team balked at the idea.
“They said, ‘If you do everything we say, we have a scientific number of 80 per cent odds that you’re going to come out of this cancer-free. If you take marijuana during or before, then we don’t know what that’s going to do to your odds,’” Snellen says.

The City of Vancouver says part of Sunset Beach Park will be closed for at least six weeks as crews work to "rehabilitate" the lawn after Friday's 4/20 rally.

"Park Board and City staff worked together all night after 4/20 to clean event debris on the field, but there were still objects such as glass and discarded edibles on the field that posed a danger to the public," the board said in a statement.

According to the release, the field has been fenced off to ensure public safety, especially for children and dogs.

Crews will have to let the lawn dry and make sure all debris, including cigarette butts, metal and glass are removed. Then, they’ll aerate the field before spreading fresh soil and seeds.

April 20^th saw what is to be the last 4/20 celebration in Canada before legalization takes place this summer.

4/20 has long been an annual celebration of cannabis culture around the world, typically associated with sticking it to the man and defying the laws that have hindered people from using the plant. This year however, with legalization planned in a few months, the celebration took a different tone.  

Protesters have shifted their concern away from legalizing marijuana to protesting how the government plans to implement legalization.

Scheduled for implementation in summer 2018, Canada’s Cannabis Act will legalize adult-use recreational cannabis across the country, allowing every adult Canadian the right to possess and share up to 30 grams of cannabis in public (though public consumption is, for now, forbidden).

Further specifics of legalization—from where cannabis can be sold to the minimum age for purchase—have been left to provinces to set for themselves. Here’s a province-by-province guide to cannabis regulations.

Alberta

These are exciting times for marijuana stock investors. For the first time in history, a developed country stands on the verge of legalizing recreational marijuana. By this coming summer, in either August or September, it appears likely that adults aged 18 and over in Canada will be able to legally purchase cannabis from licensed dispensaries. In doing so, Canada will be opening the door to an additional $5 billion in annual sales, if not more.