Article by Alan Brochstein, New Cannabis Ventures Friends, We have long suggested that retailers will be able to create value in Canada given the circumstances of the industry structure, and this story is playing out as evidenced by the growth in revenue being reported by the publicly traded companies, all of which are profitable or nearly profitable. In contrast to ...

Article by Cision Newswire Meta Growth Corp. (TSXV: META) (“Meta Growth”, “META” or the “Company”), a leading Canadian recreational cannabis retailer, today announced the closure of the previously announced acquisition of the Meta Cannabis Co. branded recreational cannabis store in Kitchener, Ontario. META announced, on January 9, 2020, that it entered into an agreement with one of the winners of the Ontario cannabis retail store lottery ...

Article by Patrick M. Graham, Proactive WeedMD Inc announced Monday that it has secured an amendment to its Health Canada licences allowing it to produce, package, sell and distribute all cannabis formats directly from its 610,000 square-foot flagship cultivation and processing site in Strathroy, Ontario. “The ability to sell our growing portfolio of cannabis products to provincial distributors and the ...

Article by Ottawa Business Journal An Ottawa company wants to build a cannabis production facility in Carp that would cultivate pot in stacked containers instead of soil. In planning documents recently filed with the city, CannaGenetics says the proposed 43,000-square-foot plant in the WestKan Business Park on Russ Bradley Road near Highway 417 would use “precision aeroponics” to grow what ...

Article by Alan Brochstein, New Cannabis Ventures Statistics Canada released July retail sales for the country this morning, with very positive data for the cannabis sector, as overall cannabis sales grew 15% sequentially to C$231.6 million, up 116% from a year ago. The report detailed substantial growth in Ontario, which grew 23% to C$60.3 million, with the other large provinces, Alberta, ...

Article by Marijuana Business Daily Lift & Co. Corp., a Toronto-based cannabis events and marketing firm, has filed for bankruptcy. The announcement comes after Lift failed to sell off its consumer and trade marketing divisions, along with its CannSell training program and other assets, according to the company. Lift said that it had been “negotiating a significant equity investment in its ...

Article by Kim Phillips, CTV News The OPP says it destroyed over 200 cannabis plants that were confiscated from a Caledon property on Wednesday. Officers say 237 plants, roughly five to seven feet tall, were seized from the address on Heather Street. … There was no word on any arrests or charges. Read the full article here.

Article by David Yasvinski, Growth Op Big grow-ops can sprout in small places. Ontario police put a dent in the province’s resilient black market this week, arresting 11 people and seizing 8,000 pot plants in the small township of Brudenell, Lyndoch and Raglan. The Monday raid, which involved members of the Ontario Provincial Police’s street crime unit, organized crime enforcement ...

Article by Emma Spears, Growth Op An Ontario Provincial Police raid executed this week under the Cannabis Act resulted in the seizure of more than 200 cannabis plants. Officers from the Caledon OPP Detachment’s Community Street Crime Unit (CSCU)  and the Central Region Emergency Response Team descended on a Heather Street property on September 16, 101.5 Orangeville Today reports. The search yielded 235 cannabis ...

Article by Dylan Klimchuk, Cannabis Life Network Canada is one of the top producers of quality bud, here are our 7 top picks of Indica Cannabis Strains With A Canadian Heritage. UBC Chemo This legendary strain was supposedly developed by Dr. David Suzuki at the University of British Columbia in the late ’60s or ’70s. UBC Chemo is a rare commodity as it is ...