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Newly elected Ontario Progressive Conservative leader Doug Ford says he promises a government that won't meddle with people's lives when it comes to taxes, sex education and cannabis — and that he's not in favour of government-run pot stores.

"I don't believe in the government sticking their hands in our lives all the time. I believe in letting the market dictate," he told CBC Radio's Ottawa Morning Tuesday.

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MedReleaf today announced it has entered into an exclusive licencing agreement with Woodstock Cannabis Company for use of the iconic Woodstock brand in the Canadian cannabis market.
TORONTO – Medical cannabis company Maricann Group Inc. says a $70 million financing deal announced last month has fallen through after the companies behind it terminated an underwriting agreement.

The decision by Eight Capital, Canaccord Genuity Corp., GMP Securities L.P., Industrial Alliance Securities Inc. and Clarus Securities Inc. follows the resignation Wednesday of Maricann's chairman Neil Tabatznik and Raymond Stone, a board director.

It also comes as the Ontario Securities Commission reviews the timing and reporting of certain trades of shares owned or controlled by and Tabatznik and Eric Silver.

It added that the regulator has also told the company on Feb. 8 that Maricann chief executive Ben Ward is the subject of an investigation into his activities while he was CEO of Canadian Cannabis Corp., a wholly unrelated company.

Maricann said earlier this week that it had been advised orally by the underwriters that they were not prepared to proceed and said Thursday that no reason was given for terminating the agreement.

“We are disappointed to have received the notice of termination and are considering our options for further action,'' said interim chairman Paul Pathak.

CEO Benjamin Ward added that “it's business as usual'' at the company and is “moving full speed ahead in all operational areas.”

Maricann said Wednesday that OSC staff have said they are unable to provide any further information about the review. An OSC spokeswoman said the regulator was not in a position to comment further.

According to insider trading records, Tabatznik on Jan. 23 sold 412,000 shares he indirectly owned through Copper Lake Investments Inc. at roughly $4.16 each or a total of $1.714 million. A day later, Tabatznik sold 438,000 shares at roughly $4.26 each, or a total $1.864 million. And on Jan. 25, he sold another 5,000 shares for $4.25 each, or $21,250.

Stone also sold shares he indirectly owned, through either Felicity Stone or R & FS Investments Inc., in January. On Jan. 22, records show he sold 915,837 shares for roughly $4.22 each or $3.87 million. A day later, he sold 104,421 shares at $4.20 each, and another 128,000 for $4.22 each, or a total of $978,728.

Maricann, which has production facilities in both Langton, Ont. and Dresden, Germany, announced a proposed acquisition on Jan. 24 of all outstanding shares of Haxxon AG, a cultivator of female hemp cannabis flowers based in Regensdorf, Switzerland. The deal, which was targeted to close on March 30, would allow Maricann to produce cannabis flowers in Switzerland that would then be manufactured into products such as cannabis vape cartridges, the company said at the time.

It has also been ramping up production capacity at home, as Canada moves to legalize marijuana for recreational use later this year, currently expanding its cultivation and support facilities in Canada to 87,515 square metres. When complete, Maricann's facility is expected to produce 95,000 kilograms of dry cannabis flower per year, the company says.

Company stock has fallen as much as 30 per cent on the Canadian Securities Exchange on Wednesday to $1.70 per share from Tuesday's closing price of $2.49. The stock rose just over five per cent Thursday to close at $2.07.

The Canadian Press




TORONTO – Licensed producer Aurora Cannabis has signed a deal to supply medical marijuana to Shoppers Drug Mart.
The newest generation of powerful LED grow lights have changed the way that licensed producers (LPs) maximize profits and crop quality. Growers at LPs often ask what adjustments need to be made to their growing environment in order to optimize their facility for LED lighting.
The monumental day is almost upon us. July 1 is just around the corner and as implementation of Bill C-45, Canada’s national Cannabis Act, approaches, provinces and territories are navigating the windy road of distribution and sales, which in turn will directly impact the path licensed producers (LPs) across the country take when developing their own sales and marketing plans.
As the cannabis industry continues to gain legal status around the world more and more cannabis growers are learning about commercial-scale horticultural production techniques and, of course, that means greenhouse growing.
Cannabis yields can be substantially increased by allocating space more efficiently between vegetation and flowering rooms. Consider a simple case where the same room is used for both vegetation and flowering to grow a single variety with a four-week vegetation and an eight-week flowering period.
There are many diseases of cannabis that have the potential of destroying cannabis crops, but if I have to pick one to be especially fearful of it would be Powdery Mildew. It is just not a theoretical calculation, I have seen it happen.
EDMONTON – Alberta expects to issue 250 licences for cannabis stores this year, and says anyone who wants to run a weed shop will first undergo an exhaustive check ranging from tax records to mob ties.
Canadians will have to wait until at least early August — and maybe as late as early September — to legally purchase recreational marijuana.

That's the bottom line now that senators have struck a deal to hold a final vote by June 7 on the legislation that will usher in the legal cannabis regime.

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SMITHS FALLS – Canopy Growth Corporation has been conditionally selected by the Government of Manitoba to operate cannabis retail stores in the province. 
TORONTO – Sun Life Financial Inc. is adding medical marijuana as an option for its group benefits plans, marking an industry shift and the latest sign of growing public acceptance of cannabis.

The Toronto-based insurer's chief executive Dean Connor says the move was influenced by rising interest from Sun Life's employer clients.

Sun Life provides health benefits coverage to more than three million Canadians and their families, or one in six Canadians.

Starting March 1, plan sponsors will have the option to add medical cannabis coverage to extended health-care plans, ranging from $1,500 to $6,000 per covered person per year.

Sun Life says its medical cannabis coverage will be available for specific conditions and symptoms including cancer-related nausea, rheumatoid arthritis pain and palliative care.

Patient advocacy group Canadians for Fair Access to Medical Marijuana says this comes after years of litigation to gain this level of acceptance for medical cannabis, and hopes the landmark move will lead plan sponsors to include coverage in their benefits plans.

The Canadian Press
TORONTO – The Ontario government has inked a deal to use Shopify Inc.'s e-commerce platform for cannabis sales online and in stores as part of its plan to be the province's sole distributor of legal recreational marijuana.
Cannabis producer MedReleaf introduced its first adult-use recreational brand: San Rafael '71, inspired by and designed to celebrate the spirit of classic cannabis culture.

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