Article by Marijuana Business Daily Smiths Falls, Ontario-based cannabis producer Canopy Growth has taken out a senior secured loan worth $750 million ($932 million Canadian dollars) – with the possibility of borrowing $500 million more – in a deal with investment management firm King Street Capital Management. “This transaction further strengthens Canopy’s balance sheet, provides additional capital to invest in high-return growth ...

Article by Brantford Expositor Jennifer ‘Jenn’ Ayotte is every bit a cannabis pioneer, warrior, survivor and maven. But she is also a pragmatic business person who has intimately experienced the full depth and breadth of the industry’s wild ride. And based on a ground-up combination of seed-to-sales experience and personal business model focussed on controlling costs and overhead, and measured ...

Article by Angela Stelmakowich, Growth Op Researchers from the University of Copenhagen have found that injecting mice with a specific synthetic cannabinoid activates the support cells of their spinals cord and brains, thereby helping to reduce essential tremor (ET). “We discovered that an injection with the cannabinoid WIN55,212-2 into the spinal cord turns on the astrocytes in the spinal cord and prompts them to ...

Article by Angela Stelmakowich, Growth Op The past week in cannabis witnessed plenty of repositioning, everything from Kristen Bell landing a new retail agreement to Pure Sunfarms calling out potency labeling, Dutchie watching its valuation skyrocket and the U.S. industry seeing weed tax revenue swell. Kristen Bell’s Happy Dance takes a twirl with beauty brand The full collection of Happy ...

Article by Sam Riches, Growth Op The exclusive wholesale cannabis distributor in Canada’s most populous province is once again searching for leadership. The Ontario Cannabis Store (OCS), which operates OCS.ca, the province’s only direct-to-consumer legal recreational cannabis e-commerce platform, has announced it has embarked on a nationwide search for the role of president and chief executive officer. The OCS tapped ...

Article by Sam Riches, Growth Op The CEO of B.C.-based licenced producer Pure Sunfarms is sounding the alarm about potency labelling practices among Canadian cannabis companies. In a blog posted on LinkedIn, Mandesh Dosanjh says that some producers are taking a ‘static’ approach to labelling products, and the THC and CBD values displayed on the products may not be accurate ...

Article by Pancakenap Taking a look at Thug Pug’s Sherb Breath today, through a home grow by Canadian grower @cannalukey Thanks to them for providing the cannabis. Two phenotypes were gifted, so we’re going to look at each separately. By my measure, Thug Pug is a really popular breeder right now. Their logo is a dog wearing a hat, which is ...

Article by Matt Lamers, Marijuana Business Daily Cannabis producer Hexo Corp. reported a net loss of 21 million Canadian dollars ($17 million) for its second quarter ended Jan. 31 as its chief executive said the Canadian industry was entering its “most competitive phase” yet. Ottawa, Ontario-based Hexo saw improved sales of adult-use cannabis and beverages compared to the quarter ended ...

Article by Kim Phillips, CTV News A new retail cannabis store has rolled into Barrie and boasts the city’s first pot shop drive-thru pickup window. Tokyo Smoke opened its doors to customers Wednesday and is the first cannabis shop for local resident and store owner Richard Bailey. “We’ve seen a lot of excitement about our drive-thru window. As a community ...

Article by Keith Dempsey, Owen Sound Sun Times Hanover’s first legal brick-and-mortar cannabis shop is open. VIP Cannabis Company, located at 302 10th Street, officially opened on March 10. A grand opening event is scheduled for March 24. VIP Cannabis Company will be open seven days a week, and are currently running from 10 a.m. to 6 p.m., however, those store ...