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Some Cannabis Companies Are Mere Months Away From Running Out of Cash

CANNABIS BUSINESS Some cannabis companies are mere months away from running out of cash Liquidity a more pressing concern for Canadian cannabis companies than for their U.S. counterparts, report says By Kristine Owram

Article by Kristine Owram, Growth Op Liquidity is a more pressing concern for Canadian cannabis companies than for their U.S. counterparts, according to a new report. Large Canadian pot producers have a median of 6.5 months of cash, compared to 14.4 months for U.S. multi-state operators, cannabis investment bank Ello Capital said in an analysis of firms’ balance sheets, cash ...

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It Can Take 6 Hours to Process a Cannabis-Impaired Driver: Police

GROW NEWS & POLICY It can take 6 hours to process a cannabis-impaired driver: police Peter Smith

Article by Peter Smith, Daily Hive A concern among Canadian law enforcement leading up to adult-use cannabis sales was the idea that the newly legal intoxicant would lead to an increase in the number of impaired drivers. However, a new report from the country’s fifth-largest city shows that cannabis impairment is taking up marginally more space on the roads and ...

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Fighting Cancer With Cannabinoids


Article by Travis Cesarone, Cannabis Life Network Cannabics Pharmeceuticals (OTCQB: CNBX) has conducted research focusing on the effect of certain cannabinoids fighting against cancer. The company, which pursues personalized cannabis-based medicines, found promising effects with two cannabinoids, CBC (Cannabichromene) and CBG (Cannabigerol.) When testing these cannabis compounds at their High Throughput Screening (HTS) facility in Israel, they found them to display anti-tumor properties when applied to human ...

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St. Catharines Opts Out of Proposed Bylaw to Freeze Cannabis Cultivation Facilities

NEWS St. Catharines opts out of proposed bylaw to freeze cannabis cultivation facilities Locals have expressed concern with regards to the potential light pollution and strong smells By Emma Spears Locals have expressed concern with regards to the potential light pollution and strong smells that sometimes emanate from cannabis cultivation facilities located in or near the city. Getty Images

Article by Emma Spears, Growth Op City council in St Catharines, ON, has opted out of a proposed measure to temporarily freeze cannabis production facilities in the region. Council members listened to testimony from business owners such as CroCan Enterprise owner Gerry Crnic, who said his proposed cultivation facility has plans to control emissions of light and odour as well as stringent ...

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The Supreme Cannabis Company Cuts About 15% of Workforce, Adopts New Structure

The Supreme Cannabis Company cuts about 15% of its workforce, adopts new structure A cannabis plant is shown on Tuesday, June 26, 2018. The Supreme Cannabis Company Inc. says it has cut about 15 per cent of its workforce. Tijana Martin

Article by Times Colonist The Supreme Cannabis Company Inc. says it has cut about 15 per cent of its workforce. The Toronto-based company says it slashed about one-third of its corporate positions and 13 per cent of operational ones. The move comes as the company adopts a new structure aimed to accelerate revenue growth in Canada. Supreme’s layoffs follow mass ...

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Cannabis Canada: CannTrust Class Action Certification Expected in Next 6-8 Weeks

MARIJUANA 16h ago Cannabis Canada: CannTrust class action certification expected in next 6-8 weeks BNN Bloomberg

Article by BNN Bloomberg CannTrust class action lawsuit expected to become certified within next two months Canadian litigator Marie Henein said that she expects the class action lawsuit centred on CannTrust Holdings should be certified by an Ontario judge in the next six to eight weeks. “The best outcome is the greatest amount of recovery for the investors to put ...

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A Single Stoners Guide to Valentine’s Day


Article by Julia Veintrop, Cannabis Life Network Fuck. Valentine’s Day. Being single sucks so hard sometimes, because not only are you not getting laid, you are reminded of all the sex happening around you all the time. Nevermore so than on February 14th. It’s in your face. It can feel like everyone gets to bang each other and you are ...

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St. Catherines’ Second Cannabis Store Awaiting Approval


Article by Shelby Knox, Newstalk 1010 St. Catharines’ second potential cannabis store is still awaiting approval. According to the Alcohol and Gaming Commission of Ontario’s website the application for the Corner Cannabis Store planned for Ontario Street is still ‘in progress.’ If final approval is granted, Corner Cannabis would become Niagara’s third pot shop; The Niagara Herbalist is already set ...

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Niagara’s Third Cannabis Store Awaiting Provincial Approval

Niagara’s third cannabis store awaiting provincial approval It will likely take about four weeks before Corner Cannabis opens in St. Catharines NEWS 05:28 PM by Allan Benner The St. Catharines Standard Corner Cannabis is about four weeks from opening its doors at 395 Ontario St., St. Catharines, as the business awaits approval from the Alcohol and Gaming Commission of Ontario. - Allan Benner , Torstar Jon Conquergood - Special to Torstar

Article by Allan Benner, The St. Catharines Standard Niagara’s third cannabis store is ready to open its doors, as soon as it gets the OK from the Alcohol and Gaming Commission of Ontario. Although Jon Conquergood, chief executive officer of Ontario Cannabis Holdings, previously expected Corner Cannabis to be open by mid-January at 395 Ontario St., he said the business ...

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Pot Drinks at the Bar? Ontario to Consult on Cannabis Consumption Lounges

COMMODITIES Marijuana News Wire 20h ago Pot drinks at the bar? Ontario to consult on cannabis consumption lounges By David George-Cosh

Article by David George-Cosh, BNN Bloomberg Ontario launched a consultation process Monday to solicit input about potentially permitting cannabis consumption in lounges, outdoor festivals and concerts across the province. The provincial government said it is collecting feedback now to explore future policies that could result in a more open cannabis market, although no changes to existing legislation are expected and ...

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