Items tagged with canada and cannabis industry
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A tale of two cannabis legalization experiments [17.10.2023] | It’s been five years since the Canadian government legalized and regulated non-medical cannabis cultivation, commerce, and consumption. California is ... |
Cannabis in Canada: Debunking myths about the real impacts of legalization [09.10.2023] | Before Canada legalized recreational cannabis in October 2018, there was considerable debate about its potential effects. Some predicted it would tri ... |
Canadian marijuana entrepreneurs shift focus to ‘micro’ licenses [17.07.2023] | Cannabis entrepreneurs in Canada are increasingly turning to smaller micro-cultivation facilities to manage costs and produce higher-quality marijuan ... |
Canada’s unsold cannabis inventory balloons to 1.5 billion grams [06.06.2023] | Business failures and consolidation failed to stop Canada’s stockpile of unsold cannabis from reaching a new high in the final quarter of 2022, the l ... |
Jamaican ganja farmers outraged after licence granted to import Canadian herb [26.02.2023] | Some local ganja farmers are fuming over reports that a licence has been granted to a company to import Canadian cannabis into Jamaica. Speaking insi ... |
Canadian wholesale cannabis prices are off more than 40% in 2022 [15.02.2023] | Canadian cannabis wholesale prices tumbled more than 40% last year as companies continued to work through stubborn supply gluts and struggling cultiv ... |
Cannabis producer Canopy cutting 800 jobs, closing flagship Canadian facility [09.02.2023] | Canadian cannabis producer Canopy Growth said it is closing its flagship cultivation facility in Smiths Falls, Ontario, and cutting more than a third ... |
Could Germany’s impending cannabis legalization prop up Canada’s flagging producers? [18.09.2022] | First-mover advantage: It’s a phrase long used by Canadian cannabis companies that have spent billions of dollars to accelerate their international s ... |
Why cannabis prices are plunging – unlike just about everything else [02.05.2022] | As Canadians deal with the highest inflation in decades and broadening price hikes, one industry remains locked in a lengthy trend of discounting and ... |
Cannabis companies facing 'crossroads' selling off stores, farms and warehouses [13.01.2022] | Cannabis companies are selling off growing facilities, stores and warehouses as they try to better align their offerings with demand. Industry observ ... |
Three years post-legalization, Canada's cannabis industry ready for a reset [15.10.2021] | Three years after Canada legalized cannabis, the industry appears ready for a reset. When midnight struck on Oct. 17, 2018, Canada became the first d ... |
Despite layoffs and losses, cannabis CEOs awarded millions in bonuses [11.10.2021] | Despite stagnant revenue, layoffs, facility closings and big losses, the top executives of some of the largest cannabis companies in Canada were awar ... |
Stand for craft: How Canada’s craft cannabis cultivators are pushing for tax reform [29.09.2021] | It’s been just three short years since cannabis was legalized in Canada, but it’s already clear the nation’s exorbitant taxation on cannabis cultivat ... |
What do you do with a billion grams of surplus weed? [05.08.2021] | Back in 2018, during those months before Canada legalized recreational cannabis, things were good for the pot industry. Companies were being hyped as ... |
Canadian cannabis producers have sold less than 20% of output since adult-use legalization [28.07.2021] | Cannabis producers in Canada have sold less than 20% of their production since the country launched adult-use sales in October 2018, according to an ... |
After Aphria deal, the new Tilray eyes transformation into a global cannabis brands giant [03.05.2021] | Tilray Inc. shareholders approved the merger with Aphria Inc., creating a cannabis powerhouse that’s both the largest medical marijuana company in Eu ... |
After ‘Green Rush,’ Canada’s legal pot suppliers are stumbling [18.04.2021] | When Prime Minister Justin Trudeau’s government’s legalized marijuana in 2018, a primary goal was to create a more equitable justice system — not a m ... |
This cannabis giant has European targets in its sights ahead of U.S. legalization frenzy, CEO says [12.04.2021] | Cannabis deals in Europe will help pot giant Aphria build up a war chest ahead of an expected frenzy of mergers and acquisitions in the U.S. High-mar ... |
BAT looks beyond tobacco to Canadian marijuana [11.03.2021] | British American Tobacco said it will buy a nearly 20% stake in Canada-based cannabis producer Organigram for about 126 million pounds ($175.8 millio ... |
After blockbuster Aphria-Tilray merger, world’s largest cannabis company eyes U.S. market [18.12.2020] | Tilray and Aphria, two of the biggest marijuana companies in Canada, announced plans to merge and create the world’s largest cannabis outfit. With ex ... |
Black and Indigenous entrepreneurs struggle for traction in Canada's cannabis industry [17.10.2020] | A policy brief by the Centre on Drug Policy Evaluation and the University of Toronto looked at c-suite level executives, parent companies and license ... |
Mexico, plagued by cartel wars, on cusp of legal cannabis 'green rush' [01.10.2020] | Senate majority leader Ricardo Monreal expects a law to be passed before December for recreational use of the drug, allowing regulated private firms ... |
Canopy Growth CEO’s partial-year compensation tops CA$45 million [11.08.2020] | Canopy Growth’s chief executive earned 1,042 times more than the median compensation for the cannabis producer’s other employees in fiscal 2020. The ... |
Thousands more pot shops needed to end illicit market: Fire & Flower CEO [06.07.2020] | Canada needs to open as many as 4,000 cannabis stores, more than triple the current number of licensed outlets, if policymakers want to eliminate the ... |
Cannabis companies are finding it tougher than ever to navigate the market [02.06.2020] | Some of the biggest cannabis players when legalization took effect 20 months ago have successfully held on to their dominant positions, despite a yea ... |
As cannabis market softens, some investors pulling back [24.05.2020] | Aurora, a Canadian listed cannabis company, has sold its Jamaica asset for less than its CDN$4.5 million valuation in order to get cash. “The compan ... |
Canopy Growth exits cannabis cultivation on three continents in major international pullback [16.04.2020] | Canopy Growth is ceasing cannabis cultivation in Africa, Canada, Colombia and the United States in a bid to “improve efficiencies” in its global oper ... |
Cannabis bankruptcies start to roll in as pandemic halts financing [06.04.2020] | The cannabis bankruptcy filings are starting to roll in. Already plagued by a tough regulatory environment, disappointing sales and capital markets t ... |
Stoners cheered when Canada legalised cannabis. How did it go so wrong? [05.04.2020] | Two years on, the Canadian cannabis legalisation experiment hasn’t quite turned out as we reformers had hoped. The black market is still vibrant whil ... |
Missed earnings, misdirection put Canadian cannabis executives in hot seat [01.04.2020] | The exodus of cannabis executives in Canada is in full swing after their companies raked up collective net losses exceeding CA$6 billion ($4.4 billio ... |
Big cannabis in the UK [18.03.2020] | The BMJ has uncovered links between companies, campaign groups and individuals lobbying for wider patient access to cannabis for medical use and a pa ... |
'The legal stuff is garbage': why Canada's cannabis black market keeps thriving [18.03.2020] | Cannabis may be legal in Vancouver but visitors looking to score are likely to run into a seemingly counterintuitive suggestion: try the black market ... |
FP Dealmakers: ‘There are going to be bankruptcies' [30.01.2020] | The one thing Bay Street’s top cannabis bankers are all in agreement about is how difficult it has become for the pot sector to raise money over the ... |
Cannabis companies could go bust in 2020, industry insiders predict [21.01.2020] | What a difference a year makes. Around this time in 2019, the cannabis sector was booming. Investors wanted in and stock prices were skyrocketing. To ... |
Major Canadian pot companies facing proposed class-action lawsuits in the U.S. [19.01.2020] | Some of Canada's biggest cannabis producers are facing proposed class-action lawsuits in the United States after investors were hit with steep financ ... |
The Great Cannabis Crash of 2019 [14.01.2020] | Bad news about the so-called "Green Rush" rolled in slowly at first, picking up steam around the end of last summer. Stocks started to dive. Layoffs ... |
Foreign assets could be next on the block for cash-hungry cannabis companies [10.01.2020] | Two years ago, Canadian cannabis companies were racing to scoop up international assets, from swaths of fertile land in southern Africa to cultivatio ... |
'There's just no money coming in': Cannabis sector bracing for wave of insolvencies in 2020 [31.12.2019] | Cannabis industry insiders are bracing for a slew of bankruptcies in the coming year as small and medium-sized companies low on cash struggle to rais ... |
Why Canada's cannabis bubble burst [29.12.2019] | When Canada legalised marijuana just over a year ago, it seemed like anyone who was anyone wanted to break into the market. The media nicknamed the f ... |
America’s marijuana growers are the best in the world, but federal laws are keeping them out of global markets [27.12.2019] | After 20 years of experience, legal marijuana growers in the U.S. have a reputation for creating the best product in the world, scientifically grown ... |
Peak pot? Thick haze dulls hype around cannabis startups [16.12.2019] | The hype around cannabis startups in recent years intoxicated many investors. But poor balance sheets and plummeting share prices has made the comedo ... |
‘B.C. bud’ cannabis still underground, John Horgan hopes to rescue it [02.12.2019] | British Columbia used to supply half of Canada’s marijuana, export it to the United States by the hockey bag, and bring home a bong-full of blue ribb ... |
Inside the Walmart of weed [23.11.2019] | With Canada the largest nation to completely legalize marijuana, the world’s most valuable pot company, Canopy Growth Corp., founded in 2013 and now ... |
Battered cannabis investors still seek bottom after Canopy plunges [15.11.2019] | Canopy Growth Corp. led another mass selloff in the Canadian cannabis space after an earnings miss had investors once again looking for a bottom in t ... |
Canadian cannabis group appeals to Trudeau to help fix industry challenges [15.11.2019] | An industry group representing Canada’s biggest cannabis companies is appealing to Prime Minister Justin Trudeau to help address some of the industry ... |
Reasons marijuana legalization seems to be failing [05.11.2019] | When it was first proposed, the concept of marijuana legalization seemed solid enough. Take the world’s most popular illicit substance, establish a t ... |
All dried up: How Bay Street cashed in on the cannabis frenzy before the carnage [01.11.2019] | The warning signs were there all summer, but it wasn’t until the first business day of September that the reckoning arrived for Canadian cannabis com ... |
Small-scale outdoor growing is firing up Legalization 2.0 [23.10.2019] | Mark Spear might be a thorn in the side of the Canadian weed industry. Or he may be a heel. He certainly stands out when it comes to gently pissing o ... |
A year in the weeds: Why the cannabis industry didn't take off the way everyone planned [15.10.2019] | Dozens of legal cannabis producers, backed by billions in investor capital, were expected to put the black market on its heels, launching Canada to t ... |
Jamaica joins global stock markets in bracing for impact of Cannabis Banking Bill [11.10.2019] | The Jamaica Stock Exchange (JSE) has joined other stock markets across the globe in bracing for the impact of the Cannabis Banking Bill, which is cur ... |
Canada’s cannabis colonialism [09.10.2019] | Canadian weed companies have their eye on a massive prize: the lucrative medical and adult cannabis markets that are emerging around the world. Much ... |
Feeling burned: The first year of legal cannabis has been a complete disaster for investors [09.10.2019] | The legalization of cannabis in Canada was supposed to be a catalyst — the most powerful one yet, investors and analysts alike thought — that would l ... |
The Challenges of Medicinal Cannabis in Colombia [30.09.2019] | In July 2016, the Colombian government enacted Law 1787, which regulates the use of medicinal cannabis and its trade in the country. With this decisi ... |
Cannabis industry hopes SAFE Banking Act will spark new wave of growth, especially in U.S. [27.09.2019] | For the first time in history, the U.S. House of Representatives passed legislation to both validate and protect the burgeoning cannabis industry by ... |
Why pot's illicit history is making it so hard for companies to get patents in the legal cannabis era [13.09.2019] | When Canopy Growth Corp. announced a plan to acquire cannabis researcher Ebbu Inc. for US$330 million last October, it touted the company’s intellect ... |
One of the largest pharma companies in the world has made a big move in cannabis [12.09.2019] | A subsidiary of NYSE-traded giant Teva Pharmaceuticals has signed a deal with medical cannabis company Canndoc to distribute its GMP products to phar ... |
Black market pot entered CannTrust facility, flowed into legal market last year: Sources [06.09.2019] | Senior operating staff working at CannTrust Holdings Inc.’s Pelham, Ont. facility late last year brought cannabis seeds from the black market into pr ... |
The reason pot stocks will never recover [30.08.2019] | Marijuana stocks. At a glance, they seem like a disruption investor’s dream... After all, it’s a multi-billion-dollar market opening up after 100 yea ... |
Weed investment boom sparks calls for City pot exchange [20.08.2019] | Canada was once the centre of a gold rush, but now a "green rush" for cannabis is setting stock markets alight. As the world's most progressive count ... |
'Growing outside is a dream': Asparagus makes way for cannabis in Canada's fields [07.08.2019] | The amount of outdoor-grown cannabis will make up a small portion of the market this year — less than 10 per cent of the cultivation licenses granted ... |
The unbearable whiteness of weed: Canada’s booming cannabis industry has a race problem [02.08.2019] | The Canadian cannabis industry is booming. From giant industrial operations such as Canopy Growth to smaller “luxury” cannabis retailers, to an array ... |
Canada's cannabis industry just beginning to bud [31.07.2019] | Mark Rendell, a business journalists for Canada's second-largest daily, The Globe and Mail, says the decision to legalize cannabis has led to a gold ... |
Auxly Cannabis stock soars as British tobacco giant Imperial takes 20% stake [25.07.2019] | British tobacco company Imperial Brands is getting into the cannabis business with a $123 million investment in Auxly Cannabis, the Canadian company ... |
U.S. bankers are answering the call of cannabis as deals flow away from Canada [23.07.2019] | After years of Canada dominating the world of marijuana finance, the country’s head start is evaporating and U.S. bankers are increasingly answering ... |
Bruce Linton's firing signals it is time for the cannabis industry to start delivering [03.07.2019] | The surprise ousting of the chief executive officer of Canada’s foremost cannabis company is a sign of things to come, some observers warned, as the ... |
‘There’s no opposition now’: how a quiet Canada town became a world leader in growing weed [29.06.2019] | In 2018 Canada became the second country, after Uruguay, to legalise recreational use. By catching the green wave, Canopy Growth’s co-chief executive ... |
Global marijuana trade is still five to seven years off, but Canada aims to be world's cannabis king [17.06.2019] | Cam Battley believes that in the not-too-distant future, his company — one of Canada’s largest licensed producers — will be exporting a “significant ... |
In the land with a rich history of growing weed, cannabis capitalism is an uneasy fit [05.06.2019] | There’s a hint of disappointment in Courtney Betty’s voice when he talks about the present state of Jamaica’s legal medicinal cannabis regime. “I don ... |
Asia emerging as new frontier for Canadian cannabis players [30.05.2019] | As cannabis companies eye expansion in European and South American markets, Asia is poised to be a new frontier for some major Canadian pot players. ... |
Israel's BOL Pharma aims for top of the world's medical marijuana industry [27.05.2019] | It started 85 years ago as a farm on Moshav Ein Iron growing peaches and avocados, but if the plans of the Israeli company Breath of Life come to fru ... |
The green rush: should you invest in cannabis? [25.05.2019] | How big is the legal cannabis industry? Every time I think I’ve seen the highest estimate along comes another breathless puff piece with an even bigg ... |
'Price-conscious' pot consumers find backyard planting way cheaper [22.05.2019] | The federal Cannabis Act specifies that each household can cultivate up to four plants — either indoors or out. Manitoba and Quebec have opted to pro ... |
Through all the smoke, the cannabis industry needs to develop a bigger vision [10.05.2019] | The cannabis industry can build a better and regenerative culture, rather than falling into the same old tired and destructive human and corporate pa ... |
Cannabis can be grown outdoors for pennies on the dollar. So why is hardly anyone doing it? [09.05.2019] | Cannabis companies have spent the early days of the legal recreational cannabis era building massive growing facilities, but the chief executive of 4 ... |
Cannabis co-operatives: Can working together preserve small players? [01.05.2019] | Hezekiah Allen believes in small family farms, though he’s biased — he grew up on one. Born in an off-the-grid community of rural Humboldt County, Al ... |
Germany to launch cannabis farming as Canada's Aurora, Aphria win tenders [18.04.2019] | Germany has awarded contracts to supply domestically-grown cannabis to two Canadian companies, as it seeks to develop its own medicinal marijuana ind ... |
The cannabis ‘gold rush’ is underway and shows no sign of stopping, says pot CEO [18.04.2019] | With 33 states now offering some form of legal medical or recreational marijuana, and pot companies expanding their footprints across the country, th ... |
Canada's legal weed struggles to light up as smokers stick to black market [17.04.2019] | When Melissa, a resident of Halifax, Nova Scotia, went to one of Canada’s first government cannabis stores, she wasn’t impressed. “You can’t look at ... |
Jamaica’s cannabis gamble [17.04.2019] | Jamaica is starting to think of cannabis as an opportunity. Uruguay, Canada and ten American states have legalised it for recreational use. Ganja, as ... |
Global cannabis investors souring on Canada's potential [16.04.2019] | Six months after cannabis was legalized in Canada, many of the people in search of a financial windfall appear ready to turn their attention elsewher ... |
Will Germany become the world's largest market for medicinal cannabis? [30.03.2019] | The use of medicinal cannabis has been allowed in Germany for two years now. But because domestic cultivation hasn't gotten off the ground yet, the p ... |
Fair(er) Trade Options for the Cannabis Market [21.03.2019] | Policy changes over the past five years or so have dramatically reshaped the global cannabis market. Not only has there been an unprecedented boom in ... |
Canadian company partners with Westmoreland farmers to grow ganja [08.03.2019] | Wiisag Corporation, a Canadian indigenous integrated cannabis company, has signed an agreement to partner with the Westmoreland Hemp and Ganga Farmer ... |
Bankers circling Europe's growing cannabis market [05.03.2019] | Investors who are eager for the cannabis industry in Europe to emulate the boom in pot-stock listings in Canada may not have much longer to wait, jud ... |
Sweet smell of success? Big business bets on a marijuana boom [02.03.2019] | To listen to some of the predictions about the future of the cannabis industry, you would think financial analysts had been partaking heavily of the ... |
Legalisation: the chance to right wrongs [01.03.2019] | If New Zealand votes to legalise cannabis in 2020’s binding referendum, we will have a unique opportunity on our hands. Creating a licit market from ... |
Invest in marijuana? What are you smoking? [11.02.2019] | The rapid rise of marijuana legalization has created what some people call a bubble for marijuana stocks. It’s reminiscent of the dot-com craze in 19 ... |
Canada’s cannabis shortage could be over quicker than we thought, researcher says [01.02.2019] | If Canada’s licensed cannabis producers continue ramping up production at their current exponential pace, there will be more than enough pot to meet ... |
Cannabis comes to Davos, sharing spotlight with global elites [28.01.2019] | If more proof was needed that cannabis is becoming accepted by the world’s financial and political elite, what better place to find it than at the Sw ... |
How Canopy Growth became the jolly green giant of cannabis [24.01.2019] | The common wisdom among investors and analysts in the cannabis industry has been that bigger is better. They predict that cannabis will follow the pa ... |
Enjoy it while you can Cannabis Canada, your edge is already eroding [11.01.2019] | A number of industry insiders who argue that the level of government control and intervention in the cannabis landscape in Canada, coupled with the s ... |
Cannabis firms in conflict of interest for owning both pot producers and marijuana clinics, critics charge [27.12.2018] | When doctors at the Solace Health Network of cannabis clinics prescribe their patients medical marijuana, one government-licensed producer of the dru ... |
Tilray goes global with Novartis marijuana sales partnership [18.12.2018] | Tilray Inc. has signed a global partnership with a division of Swiss drug giant Novartis AG to develop and distribute its medical marijuana in legal ... |
Marlboro owner Altria invests $1.8 billion in cannabis company Cronos [07.12.2018] | Tobacco giant Altira is investing $1.8 billion in Canadian cannabis company Cronos Group. That will give Altria a 45% stake in the company, with an o ... |
Cannabis firm confirms investment talks with Marlboro maker [04.12.2018] | Altria, the maker of Marlboro cigarettes, is in talks with a Canadian cannabis producer over a potential investment in the firm. Canada's Cronos Grou ... |
Marijuana, mountains and money: How Lesotho is cashing in [28.11.2018] | Lesotho is aiming to make money from the booming medicinal marijuana industry, but the southern African nation already has an unheralded illicit trad ... |
Dr Benedikt Fischer: Canada provides lessons on legal cannabis [27.11.2018] | New Zealand is debating its cannabis policy, a process that led to legalisation of cannabis use and supply in Canada just last month. Since the two c ... |
Greece eyes pot of gold as medicinal cannabis licensed [19.11.2018] | Greece issued the first licences to private companies for growing medicinal cannabis in the country, part of an attempt to tap a burgeoning market wo ... |
Cannabis industry says it needs more approved growers to meet Canadian demand [12.11.2018] | More fully-licensed cannabis growers and cultivation space are needed to meet a voracious demand for legal marijuana, a spokesman for the industry sa ... |
Cannabis companies race to clinch an edge in pot industry’s next phase of growth: Intellectual property [09.11.2018] | A report by the Bank of Montreal, which assumed a blue-sky scenario in which the U.S. and all 28 countries in the European Union legalize marijuana f ... |
Weed woes: Canada struggles to meet huge demand for legal cannabis [04.11.2018] | Two weeks after Canada became the first G20 country to legalize cannabis amid much fanfare, numerous stores – both physical and digital – are struggl ... |
Cannabis producers could be chasing global market worth $194 billion in seven years: BMO report [01.11.2018] | The potential of the global cannabis industry is so vast that it could eventually make the sky-high valuations of some Canadian licensed producers lo ... |
Cannabis in Canada: Who wins and who loses under new law [15.10.2018] | Canada is about to become the second nation to fully legalise recreational cannabis. When prohibition comes to an end on 17 October, Canadian adults ... |
How the biggest pot stocks plan to win in what is about to become a 'brutal' industry [15.10.2018] | The cannabis hype is about to come face-to-face with reality. After Canada legalizes recreational marijuana on Oct. 17, it will only take a quarter o ... |
Pot companies failing at financial reporting, regulator says [10.10.2018] | Cannabis companies are failing to adequately disclose even basic financial information to shareholders — from cost of production to fair value assess ... |
Cannabis capitalism: who is making money in the marijuana industry? [03.10.2018] | The cannabis industry’s moral challenge is to ensure the groups who have suffered the most under the drug war can participate in the green rush and e ... |
U.S. cannabis producers fear Canada will 'dominate the industry' [29.09.2018] | The CEO of California-based marijuana producer and seller Terra Tech is watching the cannabis industry boom north of the border with more than a litt ... |
'Monsanto of pot': How cannabis firms are seeking to lower growing costs [18.09.2018] | As cannabis producers add to their harvest as Canada prepares to legalize recreational use starting Oct. 17, some companies are already exploring nov ... |
Tilray CEO envisions US$100B future as company surges past Canopy's market cap [18.09.2018] | Tilray Inc., the cannabis company that has seen its valuation double, could become a US$100 billion company, according to its CEO Brendan Kennedy, as ... |
Canopy Growth CEO: We're not the Amazon or Google of pot yet, but we want to be [31.08.2018] | Canopy Growth CEO Bruce Linton told CNBC Friday the cannabis company is well ahead of its rivals in becoming the leading brand in legal marijuana but ... |
Constellation spends $4bn to lift stake in cannabis group Canopy [15.08.2018] | Beer maker Constellation Brands doubled down on its bet on the budding marijuana industry, pumping just under $4bn into a Canadian group that has sou ... |
Ontario will rely on private sector to sell recreational cannabis [13.08.2018] | Premier Doug Ford is giving up Ontario’s monopoly on weed, opening sales of recreational cannabis to private stores by April 1 in a dramatic shift th ... |
For US pot companies, Canada is the land of opportunity [25.07.2018] | Green Thumb Industries had a business plan, expertise and plenty of ambition to grow its marijuana business. What the Chicago-based company didn't ha ... |
Canada’s cannabis firms plot world domination [05.07.2018] | It is rare to see the words “Canada” and “world domination” in the same sentence. The country’s cannabis producers want to change that. With an eye o ... |
New regulations may spark Canada’s craft cannabis revolution [28.06.2018] | While legalization in Canada is delayed until October 17th, 2018, Canadians are celebrating as micro-licenses are finally coming out, ushering in the ... |
Tobacco giant Imperial Brands invests in medical cannabis [28.06.2018] | Tobacco firm Imperial Brands is investing in UK biotech company Oxford Cannabinoid Technologies (OCT). The move comes as campaigning to allow marijua ... |
Profits and perils of the new Canadian pot economy: Don Pittis [25.06.2018] | Legalization is creating a whole new industry — perhaps a whole new economy. But even as pot generates new jobs and new companies and new stock marke ... |
Goodbye counterculture: what will happen when weed goes corporate? [07.06.2018] | Under the federal government’s new legal regime, for the first time in Canadian history, minors in possession of more than five grams of dried cannab ... |
Pot delivery services could be 'cockroaches' of marijuana legalization, experts say [03.06.2018] | Marijuana businesses are growing as Canada moves toward legalization of recreational pot, creating an increasingly daunting job for those tasked with ... |
Big cannabis growers urge senators to ban commercial outdoor growing [23.05.2018] | Canada’s medical cannabis industry is making a push in the Senate to ban large-scale outdoor cannabis cultivation. Allan Rewak, the executive directo ... |
Big opportunities in Europe's cannabis market come with big risks [16.05.2018] | Interest is running very high among cannabis entrepreneurs looking to capitalize on the prospect of an expanded European cannabis market. Europe is h ... |
Colombia sees billion-dollar bonanza from legacy of marijuana trade [03.05.2018] | Farmers who want to be part of Colombia's medical marijuana project are required to destroy their illegal crops. Colombia has already issued 33 licen ... |
The red flags ahead of Canada’s marijuana legalization [23.04.2018] | The central question facing the Liberal government as it seeks to fulfill its 2015 campaign promise to “legalize, regulate and restrict access to mar ... |
Canadian and U.S. pot firms cross borders to raise money in battle for dominance [22.04.2018] | As U.S. and Canadian government policies toward marijuana grow more divergent amid Canada's push for legalization, their stock exchanges have seen a ... |
Canadian banker snags $750-million in marijuana business as rivals say no [03.04.2018] | In a down-and-out Canadian town, Bruce Linton dreamed of transforming an abandoned Hershey Co. chocolate plant into the Next Big Thing, a medical mar ... |
Cannabis cultivation a go for giant Canadian tomato greenhouse [05.03.2018] | Canadian officials have green-lighted a plan to convert a gargantuan tomato greenhouse for cannabis cultivation. Health Canada issued a cannabis cult ... |
Big Tobacco invests in Canadian marijuana, leaving B.C.'s craft-cannabis producers uneasy [28.02.2018] | Earlier this month, an unremarkable sentence appeared in a quarterly report published by Alliance One International, a tobacco company headquartered ... |
Denmark’s high hopes to become Europe’s biggest medical cannabis producer [22.02.2018] | Denmark will soon become one of the largest medical cannabis producers in Europe. Since December 2017, the Laegemiddelstyrelsen medicines agency has ... |
Marijuana producers enter retail race as legalization looms [11.02.2018] | As the race to produce enough cannabis for the soon-to-be-legal market gets increasingly crowded, licensed producers are setting their sights on the ... |
Big US tobacco company buys stakes in Canadian cannabis growers, American hemp firm [09.02.2018] | A publicly traded U.S. tobacco company has bought controlling stakes in two Canadian marijuana producers and invested in a North Carolina hemp grower ... |
Canadian cannabis companies set their sights on South America [31.01.2018] | Much has been made of the marijuana M&A spree afoot in Canada. Just this year alone, licensed producer Aurora Cannabis Inc. agreed to acquire CanniMe ... |
Canadian weed companies are staking their claim in Europe [30.01.2018] | Some of Canada’s biggest cannabis companies are expanding their presence in Europe through a series of strategic acquisitions, designed to secure a f ... |
Canada’s weed stocks are out of control [22.01.2018] | Stocks in Canada’s biggest cannabis companies skyrocketed the past year – with the three largest rising more than 200 percent each. Analysts are warn ... |
Les paradis fiscaux financent les firmes de pot canadiennes [22.01.2018] | De riches investisseurs anonymes des paradis fiscaux ont misé au moins 165 millions $ dans des producteurs de pot autorisés au Canada, a découvert no ... |
Investors are delusional when it comes to Canadian marijuana companies [10.01.2018] | As the July deadline for the provinces to legalize marijuana approaches, the stock prices of Canadian publicly-traded weed producers have been on a t ... |
Marijuana stock analysts not too worried about Sessions's order just yet [04.01.2018] | Cannabis analysts weren't too worried for the most part about the decision by Attorney General Jeff Sessions to rescind an Obama-era policy that effe ... |
Legal weed isn’t the boon small businesses thought it would be [29.12.2017] | The business of selling legal weed is big and getting bigger. North Americans spent $6.7 billion on legal cannabis last year, and some analysts think ... |
Canadian pot growers eye global expansion [28.12.2017] | Canadian medical marijuana is setting the stage to go global. The country’s emerging legal producers have a chance to seize opportunities in other co ... |
Marc Emery was right; Julian Fantino was wrong [15.12.2017] | It seems absurd that Marc and Jodi Emery, who have spent years fighting the unjust laws against marijuana, in and out of prison, can’t now sell the p ... |
The price of cannabis is falling, suggesting a supply glut [16.11.2017] | In the US cannabis operations, now legitimate in many states, are forbidden from the usual business deductions and face crippling tax bills of as muc ... |
How big tobacco, alcohol and pharma companies could enter the cannabis industry [06.11.2017] | The entrance of Constellation Brands in the cannabis industry has broken the insulation around cannabis companies — it is now incumbent upon the indu ... |
Ready or not, recreational marijuana use is coming to Canada [04.11.2017] | Proposing legislation to legalize the recreational use of marijuana was the easy part for Prime Minister Justin Trudeau. With about eight months to g ... |
Legalized marijuana presents opportunity of a lifetime for Canadian entrepreneurs [03.11.2017] | The modern-day prospectors in Canada's new cannabis market are working hard and cutting deals as the final eight months tick down to the day when rec ... |
Alcohol goliath pours $190M into Canadian cannabis company [30.10.2017] | Constellation Brands, the alcohol goliath, is putting its money toward another emerging sector — cannabis-based beverages. The company plans to spend ... |
Is Canada ready for legal marijuana? [24.08.2017] | The Canadian government is expected to legalize recreational marijuana by July 2018, in large part to put an end to the extensive and enduring black ... |
Forget pot producers - here's a better way for investors to cash in on cannabis legalization [26.07.2017] | A big chunk of the capital invested in the flood of cannabis-related startups is certain to go down the drain, and it could take years to wring real ... |
Canada’s biggest licensed weed producer is losing money [27.06.2017] | Canada’s largest licensed cannabis producer seems to have no problem driving in sales, but it is still struggling to get to profit territory. Canopy ... |
U.K. tobacco giant gets medicinal cannabis expertise [13.06.2017] | Imperial Brands Plc gained the services of a leader in the field of medicinal cannabis as the British tobacco manufacturer seeks to further its push ... |
Early marijuana sales ‘unbelievably high’ after legalization: U.S. consultant [30.04.2017] | A U.S. consultant hired by Ottawa to assess Canada’s eventual recreational pot market says jurisdictions that regulate cannabis should expect “unbeli ... |
Canada’s plan to be the world leader in legal weed [20.04.2017] | Cannabis is already big business in Canada. The drug was approved for medicinal use 20 years ago, and almost 30 percent of young adults say they use ... |
The world’s first pot-focused exchange-traded fund [10.04.2017] | The launch of the world’s first cannabis-focused exchange-traded fund (ETF), on the Toronto Stock Exchange, is welcome news to aficionados of marijua ... |
Liberals set to table marijuana legislation, but key details need to be resolved [10.04.2017] | The federal government will table a bill to legalize recreational marijuana on Thursday that is expected to tightly control the ability of producers ... |
Marijuana industry faces challenge in gaining Canadians’ trust, survey finds [29.03.2017] | Marijuana stocks may have leapt higher on the news of Ottawa’s plans to legalize the drug by next year, but the industry is facing an uphill battle i ... |
Pot legalization: Canada doesn’t need another profit-seeking drug industry [28.03.2017] | When Canadians have expressed concerns about upcoming cannabis legalization, the government has assured them that the legal cannabis industry will be ... |
Marijuana stocks drop as Trudeau’s pot czar says Canada won’t rush into legalization [07.03.2017] | As investors flock to Canada’s burgeoning marijuana sector, Prime Minister Justin Trudeau’s government is signaling recreational pot sales aren’t imm ... |
The next big bubble could be in Canada’s soaring pot market [07.12.2016] | The surge of capital into Canada’s nascent marijuana industry has sent stock prices soaring – and brought warnings it’s a bubble that could soon burs ... |
Trudeau’s bait and switch on legalization? [04.12.2016] | Prime Minister Justin Trudeau recently expressed frustration around the current cannabis landscape, explaining, “Until we have brought in the propose ... |
The goal of legalized cannabis shouldn’t be corporate gold [15.07.2016] | As the government crawls towards legalization with the appointment of a task force, my tempered enthusiasm has started to wane, replaced by dismay. I ... |
The goal of legalized cannabis shouldn’t be corporate gold [14.07.2016] | Canada has a tradition of overregulation and one can already sense that the government is poised to place a myriad of restrictions on production and ... |
Will Canada become America's cannabis capital? [13.05.2016] | Canadian prime minister Justin Trudeau has vowed to legalise recreational marijuana consumption on a federal level, opening the door to investment, l ... |
Canada’s medical pot producers set sights on recreational users [28.01.2016] | Canada’s producers of medical marijuana are sitting on a seven-tonne stash of weed, with the inventory steadily growing as supply exceeds demand in t ... |
Canadian investors show interest in local ganja [12.01.2016] | Following the lead of several US states in holding referendums which have been supportive of reducing the legal restraints on the use of the drug, Ja ... |
Canada’s next big move? It may be legalizing pot [05.12.2015] | The new Liberal government has promised to act quickly to legalize marijuana for general use, which would make Canada the first Group of 20 country t ... |
Marijuana prohibition can do more harm than good, doctors tell federal parties [20.09.2015] | If Canada's new government chooses to legalize marijuana beyond medical use then it should get into the business of controlling its supply and sale t ... |
Canadian company to tap into Jamaica for medicinal cannabis supply [04.04.2015] | A Canadian company is seeking to tap into the Jamaican market for the supply of dried marijuana to the medicinal marijuana industry in Canada. Market ... |
High hopes: Legalized pot is on the way [29.01.2015] | Moving from illicit to licit requires regulations that allow enough of a legal market to dry out the black one – ideally, while bringing in much-need ... |
Canadian lawyers scent profit as medical marijuana industry prepares to go legit [06.01.2015] | Since 2001, Canada has allowed patients to grow their own marijuana or designate a grower to do so on their behalf, but a policy change established t ... |
U.S. marijuana vote threatens to nip B.C. market in the bud [07.11.2012] | British Columbia’s multibillion-dollar marijuana industry could take a “significant” blow now that two U.S. states – including its closest neighbour ... |
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