VANCOUVER – British Columbia has announced the companies that will supply recreational marijuana after legalization this fall, boasting its stash will feature an "exclusive and competitive" assortment of products.
CannTrust Holdings Inc. has announced that its Danish joint venture partner Stenocare has received approval to distribute CannTrust products in Denmark. CannTrust's "high-quality, standardized cannabis oils" are the first oils approved for Denmark's list of admitted cannabis products and are the only ready-to-use oil products available, according to CannTrust.
Some 136 local jobs are expected to be created in New Brunswick over the next six years with the announcement of a $40 million investment by Canopy Growth Corporation into its new cannabis production facility in Fredericton, N.B.
The first phase of the build-out of the FV Pharma facility in Cobourg, Ont., has been approved in an updated construction and development budget provided by Auxly Cannabis Group, according to a statement from FSD Pharma, which owns FV Pharma.
At least one major licensed producer has welcomed news that the Canadian government will be introducing regulations that will allow growing of cannabis in outdoor farms.
LAVAL, Que. - Neptune Technologies & Bioressources Inc. has entered into a multi-year agreement with giant licensed producer Canopy Growth to supplement its extraction, refinement and extract product formulation capacity.
Aurora Cannabis Inc. has signed a cannabis flower and trim supply agreement with Ascent Industries' wholly-owned subsidiary, Agrima Botanicals Corp., a licensed producer of medical cannabis under the Health Canada's Access to Cannabis for Medical Purposes Regulations.
Commercial horticultural crops have basically two stages of growth. The vegetative growth phase is where roots, shoots and branches are produced. This growth is needed for the plant to establish itself and have enough leaf area to carry out adequate photosynthesis.
When executives at Bonify were approached about a year ago on an initiative to introduce a voluntary standards and certification program for premium quality cannabis products, they immediately warmed up to the idea.
While cannabis has no shortage of pests and diseases to challenge producers working within Health Canada’s guidelines, none has been more front and center than powdery mildew, which has dominated industry news both in terms of contamination of end-product by the mildew itself or illegal fungicides used to treat it.
TruTag Technologies, a brand security solutions company, announced a partnership with Tag-it Tech, a Seattle, Washington-based technology firm, last week.The alliance couples TruTag’s “edible barcode” technology platform with Tag-it Tech’s blockchain-based tracking system. In a press release, TruTag said the two companies will work together to bring safety, security and traceability to the North American cannabis market.The illicit trade and unauthorized diversion of legal marijuana products is jeopardizing consumer safety and costing states hundreds of millions of dollars in lost revenue.The combined platform offers regulators and producers visibility, auditability and a means of safeguarding the cannabis supply chain.“Blockchain innovation offers producers, regulators and dispensers a novel means of information-sharing in the supply chain,” said Paul Schutt, CEO and co-founder of Tag-it Tech.“However, blockchain systems still require a secure link between the physical and digital world, and TruTag’s micro-taggant technology is perfect in this respect – providing a covert means of directly tagging cannabis products and their edible derivatives.” Michael Bartholomeusz, Chief Executive Officer of TruTag Technologies said, “Tag-it Tech brings technological innovation, sector experience and a shared vision for creating a trusted supply chain.”
WINNIPEG – A Toronto-based pot producer is taking over the former Maple Leaf Foods meat plant in Winnipeg.
Beleave Inc. has announced its acquisition of 100 per cent of the outstanding shares of Seven Oaks Inc. valued at $3 million, which the licensed producer said would strengthen its distribution arm in the recreational cannabis market.
Health Canada said Friday it's prepared to crack down on licensed medical marijuana producers who are sponsoring music festivals and other events.
VICTORIA– Local and Indigenous governments in British Columbia will have the power to deny applications for private retailers that want to sell recreational cannabis in their communities under new regulations released last week.
HALIFAX ¬– Nova Scotia First Nations appear poised to take on the province's marijuana monopoly – including one Mi'kmaq community that has enlisted Olympian Ross Rebagliati to roll out a "seed to sale" cannabis operation.
FREDERICTON – New Brunswick says it will be ready for cannabis sales when it becomes legal in October – but the delay from the original July startup will cost the province millions.
EDMONTON – Aurora Cannabis Inc. has announced it has agreed to a new $200 million debt facility, with a potential upsize to $250 million, with the Bank of Montreal (BMO).
PICKERING, Ont. – With the legalization of recreational cannabis now months away, Ontario's incoming premier said he wants to consult further with municipalities, stakeholders and his caucus before deciding whether to change the plan laid out by his predecessors for the sale of marijuana.
Under the federal government’s proposed Cannabis Act, jurisdiction over how retail sales are conducted is left to the province and territories. Each province and territory has implemented its own distinct process and the retail environment will differ in each jurisdiction.
It’s down to the wire. Licensed producers have sweated and debated over their branding strategies, in some cases for years, and are now putting their finishing touches on both their product and their overall company launches. There are now about 100 LPs in Canada, and none among them wants to be lost in the sea of products about to hit the Canadian market.
Doug Ford's new conservative Ontario government is creating renewed optimism in the cannabis industry particularly on the prospects of increased private business participation in one of the fastest growing industry in Canada.
Anticipating the large amount of licence applications it will continue to in light of cannabis legalization, the federal government is pushing for a tiered licensing structure to allow for scale-based licensing, according to Eric Costen, director general of the federal government's Cannabis Legalization and Regulation Secretariat.
JUNEAU, Alaska – When Danielle Schumacher attended her first convention of marijuana activists about 15 years ago, she could count on one hand all the women in a room of older men.
A new report from the Canadian Imperial Bank of Commerce predicted that sales of legal cannabis will hit $6.5 billion by 2020, surpassing even liquor sales in the country.
Innovation distilled into its simplest meaning is creating new things. From fire pits and sharp stones to quantum computing and nuclear fusion, innovators create value for themselves and their users.
If there was one word to describe the Canadian cannabis industry in 2017, it would be explosive.
This past November, accounting giant Ernst & Young (EY) released a 12-page report focusing on the opportunities for Canadian licensed producers (LPs) of cannabis. Conversely, in that very same report, it noted that an uncertain operating landscape also exists, thus presenting enormous challenges for LPs.
Meaghan Seagrave – Executive Director of BioNBIf the past few years have shown us anything, it’s that there is tremendous opportunity for the biomass industry in Canada, specifically in Atlantic Canada. In thinking of Atlantic Canada, thoughts of our hospitality, friendliness, seafood, and bitterly cold winters might spring to mind. But, with these sweeping winds comes opportunity for growth in biomass-based industries, especially those that have been traditionally under-realized.
One can’t blame Canadian cannabis entrepreneurs and investors for feeling a bit motion sick from turbulence, while waiting to see where different layers of government will land on key policies. Unfortunately, you can’t completely blame Ottawa for the hurry up and wait antics. Canadians are simply experiencing legalization through a “parliamentary” process, rather than through an electoral ballot process, like in the U.S.
Not a day goes by without the topic of cannabis making headlines across Canada.
September 2017 – Nothing evokes passionate debate in the cannabis community like the threat of big business taking over. The arguments against big marijuana fill the Internet. The heartfelt plea to preserve small farms is echoed throughout the U.S., Canada and Jamaica.
Our recent webinar outlining the emerging business opportunities related to the move to legalize large-scale marijuana cultivation drew considerable interest.
A new era in medical marijuana production dawned in April of this year, and it hasn’t taken long for the horticulture industry to take note.
CannTrust ready for outdoor cannabis grow, CEO saysAt least one major licensed producer has welcomed news that…
Doug Ford wants consultations on cannabis sales in OntarioPICKERING, Ont. – With the legalization of recreational cannabis now…
Quebec now hiring for government-run cannabis storesMONTREAL – Quebec's government-run cannabis monopoly has launched a hiring…
48North's cultivation facility receives cannabis sales license48North Cannabis Corp. has announced that its wholly-owned ACMPR licensed…
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