Article by David George-Cosh, BNN Bloomberg Ontario plans to allow the private sector to handle distributing cannabis from producers to retailers, a sign that the provincial government is beginning to reduce its legal pot exposure. According to an email sent by an Ontario Cannabis Store (OCS) executive to Canadian licensed producers late Tuesday that was obtained by BNN Bloomberg, the ...
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Securities Regulators Toughen Governance Disclosures in Cannabis Industry
Article by Bernise Carolino, Canadian Lawyer Magazine Securities regulators in several provinces published guidance this month pushing stronger governance-related disclosures on the cannabis industry. The guidance — from regulators in Ontario, British Columbia, Quebec, New Brunswick, Saskatchewan, Manitoba, and Nova Scotia — is aimed at governance-related disclosures, particularly in the context of mergers, acquisitions and other significant corporate transactions. The ...
Read More »Cannabis Council’s Wish List For Trudeau Includes Illegal Dispensary Crackdown
Article by Jon Rumley, Huffington Post Cannabis has been legal in Canada for more than a year now, and according to industry players, there are still some kinks in the system. Earlier this month, the Cannabis Council of Canada sent a letter to Prime Minister Justin Trudeau urging the federal government to consider recommendations to relieve “pain points” in the legal pot ...
Read More »Canada’s Illegal Cannabis Dealers Big Players on the World Stage
Article by Jane Stevenson, Toronto Sun Canada’s black market drug dealers are now the world’s fourth largest exporters of cannabis, according to Public Safety Canada. Citing a Public Safety Canada report — Patterns In Cannabis Cryptomarkets In Canada In 2018 — a Blacklock’s Reporter article says 2.5 tons of cannabis is now sold and shipped annually from Canada. Dealers using ...
Read More »Exclusive: OCS Will Allow Private Sector to be Involved in Storing, Distributing Cannabis
Article by Vanmala Subramaniam, Financial Post The Ontario Cannabis Store will move ahead with a “hybrid” wholesale model that will allow the private sector to be involved in storing and distributing cannabis, according to an e-mail obtained by the Financial Post, sent by the Crown Corporation to licensed producers on Tuesday evening. The move comes in response to “feedback” provided ...
Read More »Toronto City Councillor Opposes Cannabis Shop Application Near Beaches Montessori School
Article by Joanna Lavoie, Toronto.com Beaches-East York Coun. Brad Bradford wants those who live in the Upper Beach along with those who send or are considering sending their children to Beaches Montessori School at 950 Kingston Rd. to oppose an application to open a new cannabis store just four doors down. Bradford is encouraging community members to sign an online petition he’s ...
Read More »Only Governments Can Solve the Canadian Illicit Pot Crisis: Don Pittis
Article by Don Pittis, CBC News New rules effective Dec. 16 will come just in time so you can leave a cannabis-laced cookie or beverage out for Santa. But if the struggling Canadian pot business is looking forward to Cannabis 2.0 — as the availability of vaping products and edibles has been dubbed — they will likely be disappointed if they expect it to be a Christmas present ...
Read More »Note to Drake: Canada’s Swag Rules Can Be Confusing
Article by Karen Longwell, Growth Op Christmas is coming, but don’t expect any flashy giveaways from your favourite cannabis brand. The laws behind promoting cannabis in Canada are far too Grinch-like for that. “Much like alcohol, we don’t want to encourage people to buy the product. So, the advertising is supposed to be really neutral,” Daniel Walker, a lawyer with Bobila ...
Read More »Weed History: Nova Scotia is the Birthplace of Cannabis in Canada
Article by Ross Andersen, Growth Op If you have ever visited Nova Scotia, you would know about its rich history. It was ground zero for the largest man-made explosion prior to Hiroshima. It supplies the city of Boston with a Christmas tree every year. And you’re never more than 60 kilometres from the sea. Here is something you won’t read ...
Read More »Health Canada OK with Hexo’s Proactive Fix on Unlicensed Cannabis Cultivation
Article by Matt Lamers, Marijuana Business Daily Actions undertaken by Quebec cannabis producer Hexo Corp. to proactively rectify unauthorized cultivation were deemed “acceptable” by Canada’s federal health department. The company disclosed late Friday that unlicensed cultivation took place inside part of a facility the company acquired last spring. Hexo’s 260 million Canadian dollar ($180 million) purchase of Newstrike Brands, owner ...
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