Article by Chris Roberts, Forbes On May 20, Charlotte’s Web, the Colorado-based CBD giant and arguably one of the biggest names in legal cannabis, announced that the company was awarded its second federal patent on a cannabis plant. Unlike the company’s 2018 plant patent on a Farm Bill-compliant high-CBD hemp cultivar—which was the first hemp strain to receive federal intellectual property protection—US Patent No. ...

Article by BNN Bloomberg Pot becoming a major agricultural product in Canada, latest farm cash receipts show   Cannabis is now a major cash crop in Canada. Statistics Canada said that cannabis accounted for about $2.3 billion in farm cash receipts in 2019, up from $564 million the prior year. Cannabis farm receipts are now about one-quarter of what farmers receive for canola, the ...

Article by Kevin Connor, Ottawa Sun On Monday morning, the Ontario Provincial Police made a traffic stop in Toronto and seized over 100 kilos of cannabis. The traffic stop for a highway traffic act violation on Hwy. 401 near Avenue Rd. resulted in the driver being arrested and charged with multiple drug offences. Approximately 105 kilos of cannabis was seized along ...

Article by Anisha Dhiman, Growth Op On a work trip to China in late January, Frank Qin noticed something that would later influence the way he does business in the face of a pandemic. “There were areas in China where there was a complete lockdown. People could step outside their homes only so many times a week, so some started ...

Article by Sam Riches, Growth Op Another week, another story about the missteps of the Canadian cannabis industry. Following in the Guardian’s footsteps from last month, The Motley Fool has published a story titled, “Here’s How Canada Blew its Chance to be a Cannabis Leader.” It follows a well-trodden path. The main stumbles? A tightly regulated government framework that focuses on minimizing ...

Article by Angela Stelmakowich, Growth Op Is the pandemic’s energy-sapping, soul-sucking isolation getting you down? Are you craving interaction with like-minded, cannabis-loving types to discuss everything from getting high to possible business ventures? Then, this might be just what the doctor ordered. A new website, get.hirightnow.com, has created a video networking community for weed lovers that has already attracted hundreds of ...

Article by Randy Shore, Growth Op Large cannabis growing facilities are up for sale in communities across the province as the industry comes to grips with slower-than-expected sales of government-sanctioned cannabis products. An 18,000-sq.-ft. cannabis cultivation and processing facility is for sale in the Village of Lumby after its owner True Leaf Brands entered bankruptcy proceedings. The asking price for ...

Article by Bill Kaufmann, Growth Op City officials have busted a Calgary retailer for allegedly illicitly selling cannabis seeds. Responding to a tip from the public earlier this month that a store in the city’s southwest was operating as a dispensary and selling cannabis seeds without proper permits, city business licensing officials began an investigation, says a city press release. ...

Article by Frank Matys, Orillia Today Applications are underway for three cannabis stores in Orillia – including two on the city’s historic main street. Miss Jones Cannabis Co. and Happy Dayz Orillia have applications before the Alcohol and Gaming Commission of Ontario for locations at 81 Mississaga St. E. and 69 Mississaga St. E. respectively. Sessions Cannabis has applied to ...

Article by NCV Newswire Tilray® Announces Optimization Plan for Adult-Use Facilities in Canada Company to close High Park Gardens, licensed cannabis greenhouse located in Leamington, Ontario Facility closure expected to yield $7.5 million in annualized net savings as part of global cost-efficiency and restructuring measures to achieve profitability and grow revenues High Park Farms and High Park London remain core ...