Author Archives: Dankr NewsBot

Canadian Cannabis Firm Cronos Posts $31.3M Operating Loss in Second Quarter

Canadian cannabis firm Cronos posts $31.3M operating loss in second quarter

Article by Marijuana Business Daily Toronto-based cannabis company Cronos Group reported an adjusted operating loss of $31.3 million for its second quarter, along with $40 million worth of coronavirus-related impairment charges on its U.S. operations. Net revenue for the quarter ended June 30 was $9.9 million, a 17.9% increase over the previous quarter. Cronos reports in U.S. dollars. About $2.2 million of that ...

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With All Licenses Reinstated, CannTrust Aims For Cannabis Product Relaunch

NEWS BRIEF With all licenses reinstated, CannTrust aims for cannabis product relaunch Published 58 mins ago | By Matt Lamers CannTrust Holdings Inc--CannTrust Licenses Reinstated for Vaugha CannTrust Holdings Inc. (CNW Group/CannTrust Holdings Inc.)

Article by Matt Lamers, Marijuana Business Daily Disgraced cannabis producer CannTrust says all of its cannabis licenses have been reinstated, and the Vaughan, Ontario company plans to relaunch its cannabis products in the final quarter of this year. The company said it received notice that the licenses for its Vaughan facility were reinstated by Health Canada. “CannTrust will restart manufacturing ...

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Potential Tillsonburg Retail Cannabis Store Receives Zoning Change

Potential Tillsonburg retail cannabis store receives zoning change A zone change to allow a retail cannabis store in Tillsonburg was approved by town council. Chris AbbottChris Abbott 2 Simcoe Street, Tillsonburg. (Chris Abbott/Tillsonburg News) SHARE ADJUST COMMENT PRINT A zone change that will allow a retail cannabis store in Tillsonburg was approved this month by town council.

Article by Chris Abbott, Woodstock Sentinel-Review A zone change that will allow a retail cannabis store in Tillsonburg was approved this month by town council. The building – located at 52 Simcoe St. – was picked as a possible retail cannabis location because there’s no second floor. The Alcohol and Gaming Commission of Ontario regulations regarding retail cannabis locations requires ...

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Southwestern Ontario Companies Partner on Cannabis-Infused Wine

LONDON | News Southwestern Ontario companies partner on cannabis-infused wine Amanda Taccone CTVNewsLondon.ca

Article by Amanda Taccone, CTV News London Girls’ Night Out brand wine may soon be available with a little extra something to soothe and relax. Colio Estate Wines and Eve & Co, a cannabis production company, announced Wednesday they are partnering to produce a cannabis-infused version of the wine. Calling the wine and cannabis producer ‘sister brands,’  Eve & Co ...

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CannTrust Gets Back Vaughan License From Health Canada After Illicit Cultivation

CannTrust gets back Vaughan license from Health Canada after illicit cultivation VAUGHAN, ONT. Cannabis buds lay along a drying rack at the CannTrust Niagara Greenhouse Facility in Fenwick, Ont., on June 26, 2018. TIJANA MARTIN

Article by Globe and Mail CannTrust Holdings Inc. says Health Canada has reinstated its licenses for its Vaughan manufacturing facility, after the company was caught illegally cultivating cannabis. The company headquartered just north of Toronto revealed last July that Health Canada had discovered illicit cultivation and seized thousands of kilograms of dried cannabis in unlicensed rooms at its Pelham, Ont., ...

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Agriculture of the Future? Using Fish to Grow Cannabis

AGRICULTURE OF THE FUTURE? USING FISH TO GROW MARIJUANA CARLIE BEBLIN AUGUST 4, 2020 CANNABIS NEWS FEATURED MARIJUANA NEWS SCIENCE

Article by Carlie Beblin, Cannabis Life Network Most Marijuana plants are grown in soil, but there is another way… Agriculture of the future is using nutrients from fish to grow Marijuana. How can a fish grow Marijuana? Well, it involves two components that share the same water. One is the fish, and the other being the plants, which are grown ...

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NBA’s Blake Griffin Shares Healthy Living Tips, Including Cannabis, in New Podcast

TRENDS NBA’s Blake Griffin shares healthy living tips, including cannabis, in new podcast The power forward says he hopes to help listeners by sharing everything he has learned about wellness By David Yasvinski Photo: Gregory Shamus/Getty Images

Article by David Yasvinski, Growth Op Blake Griffin is leaving no stone — or plant — unturned in his new Pursuit of Healthiness podcast. The six-time NBA all-star’s newest project has him sitting down with a host of celebrities and experts to discuss health and wellness, according to The Hollywood Reporter. The podcast, which has already been renewed for a second season by ...

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Application Before AGCO for Cannabis Store at Sauble Beach

Application before AGCO for cannabis store at Sauble Beach Rob GowanRob Gowan

Article by Rob Gowan, Owen Sound Sun Times There are now eight applications for licensed bricks and mortar cannabis retail stores in Grey-Bruce, but still none have opened in the two counties. Sauble Beach is the latest community to join the list of those where an application has been made to the Alcohol and Gaming Commission of Ontario for the ...

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Canadian Cannabis Company to Open Two Stores in Cottage Country

Canadian cannabis company to open two stores in Cottage Country Madison Erhardt Madison Erhardt CTV News Barrie Videographer

Article by Madison Erhardt, CTV New Canadian cannabis company, Hello Cannabis, has announced two new retail locations in Ontario and both are located in Muskoka. Muskoka-born entrepreneurs Danielle Morgan and husband Shane Copegog admit there have been some pandemic related building and permit delays, but say the business plan made sense. “Really, it was proximity,” says Morgan. “Gravenhurst is kind ...

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Canada Defers Regulatory Fee Deadline For Cannabis Industry

NEWS BRIEF Canada defers regulatory fee deadline for cannabis industry Published 9 hours ago | By Solomon Israel

Article by Solomon Israel, Marijuana Business Daily Licensed Canadian cannabis companies are getting an extended deadline to pay an annual regulatory fee in light of disruptions caused by the COVID-19 pandemic. Federal cannabis license holders in their first full fiscal year or later fiscal years, which were required to pay the annual fee for the 2020-21 period by Sept. 30, ...

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