Article by Jacquie Miller, Ottawa Citizen With just weeks to go before recreational pot becomes legal across Canada, a new report commissioned by Health Canada predicts the demand for it will be substantially higher than widely anticipated. The report used a 2017 federal survey on cannabis use to estimate how much adult Canadians will consume in the first year of ...
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Federal Lawyer Asks B.C. Supreme Court to Toss Experts’ Reports on Medical Cannabis
Article by Camille Bains, City News A lawyer for the federal government is asking the B.C. Supreme Court to reject the reports of three doctors and a criminologist she argues are either unqualified or biased in favour of medical marijuana dispensaries fighting to stay open in Vancouver. Andrea Gatti said the reports solicited by lawyers for dispensary operators should be ...
Read More »Ontario Cannabis Store Has Signed Agreements With 32 Licensed Suppliers
Article by CTV News Ontario has signed supply agreements with six more licensed cannabis producers, bringing the total to 32, along with 12 accessories suppliers. The deals were announced Wednesday by the Ontario Cannabis Store, which will be selling pot online starting on Oct. 17 when recreational marijuana use is legalized. … The agreements to date are with licensed producers ...
Read More »Cronos Partners With Ginkgo to Develop Lab-Grown Cannabis
Article by Kristine Owram, Bloomberg vie Toronto Star Why grow marijuana when you can create its most potent molecules in a lab? Cannabis producer Cronos Group Inc. is partnering with Ginkgo Bioworks Inc. in a $122 million deal to genetically engineer the active compounds in marijuana. Ginkgo, which counts Bayer AG, Archer-Daniels-Midland Co. and Cargill Inc. among its partners, will ...
Read More »You Can Now Book an Airbnb at a Weed Dispensary in Ontario
Article by Manisha Krishnan, Vice News In just a few weeks, Canada is set to become the second nation in the world to legalize recreational weed, with some reports predicting the new industry will generate more than $6 billion by 2020. While the retail schemes and rules around public consumption will vary widely from province to province, some cannabis entrepreneurs are already ...
Read More »Constellation’s Big Canopy Buy-In Sent Short-Sellers Scrambling
Article by Geoff Zochodne, Financial Post Short-sellers appear to have covered their positions in Canopy Growth Corp. in droves last month after news that the Canadian pot producer had lined up a multi-billion-dollar investment from U.S.-based alcohol giant Constellation Brands Inc. Data from global information provider IHS Markit shows that the number of Canopy shares sold short plummeted following word of the transaction, ...
Read More »Fight For Vancouver’s Medical Dispensaries Begins in BC Supreme Court
Article by Mike O, Cannabis Life Network The test case that could seal the fates of around 50 of Vancouver’s medical dispensaries kicked off yesterday in BC Supreme Court with lead plaintiff Karuna Health Foundation battling the City of Vancouver to remain open and continue facilitating medical cannabis patients’ right to reasonably access their medicine. The City of Vancouver wants ...
Read More »Amid Cannabis Legalization, Health Canada Changes Strategy on How to Talk to Teens About Cannabis
Article by Janice Dickson, National Post In the past, public health campaigns warning of the harmful effects of drugs delivered one resounding message: Don’t do it. But now that the federal government has decided to legalize marijuana, Health Canada has undertaken new strategies to try and land on teens’ screens and in the places they hang out. “Inevitably, that communication ...
Read More »Cannabis Use on Campus Could Curb Binge Drinking, Says Psychologist
Article by Gail Harding, CBC News A clinical psychologist from the the University of British Columbia says he doesn’t expect huge changes on university campuses when marijuana is legalized. Zachary Walsh, who is working with the Canadian Institutes of Health Research, is examining the consequences of the legalization of marijuana on campus. “I don’t think it’s been a barrier to using and ...
Read More »Tilray IPO Blazed a Trail Few Other Cannabis Companies Will Follow
Article by Andrew Willis, Globe and Mail Tilray Inc. chief executive Brendan Kennedy is a seriously smart guy. We’re talking Yale University MBA and the good sense to start investing in marijuana producers seven years ago, when legalized cannabis was something that only seemed possible after an evening in the basement with a bong. . Mr. Kennedy just made serious ...
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