Walmart Eyes Entry Into Canada’s Legal Cannabis Market
Wed / Oct 10th
The Canadian branch of Walmart Inc. is considering the pending national cannabis market as a potential new revenue source, Bloomberg reports.… Read More
Canada
Canada was the first nation to legalize medical cannabis in 2001, and the first developed country to federally legalize adult-use cannabis as well. Below, you’ll find the latest breaking news and business developments from the Canadian cannabis industry:
British Columbia Finalizes Legal Cannabis Rules
Wed / Oct 10th
British Columbia, Canada has established rules for the licensing of private cannabis stores, determined places to consume the plant, and… Read More
Limited Places to Buy Cannabis On Legalization Day in Canada
Tue / Oct 9th
There will be few places to buy cannabis in Canada on the first day of legal sales on October 17,… Read More
Aurora Cannabis Applies to List on NYSE
Tue / Oct 9th
Canadian cannabis producer Aurora Cannabis Inc. has applied to list shares of the company on the New York Stock Exchange… Read More
Canadian Companies Sun Pharm and Bevo Merge to Form Zenabis
Tue / Oct 9th
Two Canadian cannabis companies are merging to create Zenabis, which will be one of the world’s largest cannabis producers, according… Read More
High Demand for Low-Potency Cannabis Expected in Canada
Mon / Oct 8th
A report by market analysts at Deloitte indicates that federal legalization in Canada on Oct 17. is expected to create… Read More
Canadian Lawmaker Calls for Cannabis Expungements
Thu / Oct 4th
Canadian lawmaker Murray Rankin, an MP with the New Democratic Party from Victoria, intends to bring forward a bill that… Read More
Cannabis More Harmful to Teenage Brains Than Alcohol, Study Finds
Wed / Oct 3rd
A study published in the American Journal of Psychiatry suggests that cannabis use may be more harmful to developing teenage… Read More
Ontario to Treat Cannabis Like Tobacco for Public Consumption
Thu / Sep 27th
On Wednesday, the Ontario, Canada provincial government altered its rules on cannabis consumption to align it with similar rules for… Read More
Florida Rep. Lambasts DEA’s Cannabis Imports Decision
Fri / Sep 21st
U.S. Rep Matt Gaetz (R-Florida), who has worked to spearhead legislation in his home state, has lambasted the DEA decision… Read More
Canadian Cannabis Brand Seeking Paid Smokers For Cannabis Curation Committee
Thu / Sep 20th
Canadian cannabis company AHLOT is seeking five “cannabis connoisseurs” to staff the company’s “Cannabis Curation Committee,” according to a report… Read More
Canadian Armed Forces to Allow Some Cannabis Consumption
Wed / Sep 19th
Canada has spelled out the cannabis consumption rules for soldiers and civilians working for the Canadian Armed Forces (CAF), according… Read More
DEA Approves Canada’s Tilray for Cannabis Drug Imports
Tue / Sep 18th
Canadian cannabis producer Tilray Inc. announced today that the U.S. Drug Enforcement Agency has approved the company’s request to import… Read More
Coca-Cola Considering CBD Product Line
Mon / Sep 17th
The Coca-Cola Co. is the latest major beverage company to consider investing in the cannabis space, BNN Bloomberg reports. Coke, the… Read More
Border Patrol Official Confirms Lifetime Bans for Cannabis Employees
Fri / Sep 14th
A senior U.S. Customs and Border Patrol Official has confirmed that Canadians who work in that country’s legal cannabis industry… Read More
Cannabis ETF Breaks $1 Billion in Assets
Mon / Sep 10th
Ballooning cannabis stocks have caused Canadian-based Horizons Marijuana Life Sciences Index ETF (HMMJ) to break $1 Billion CAD in assets… Read More
Cannabis Intoxication Roadside Testing Tech Coming to Canada
Tue / Aug 28th
Police in Canada will soon have access to new testing technology to help check drivers for intoxication from cannabis and… Read More
Ontario Delays Launch of Private Cannabis Stores Until 2019
Thu / Aug 16th
On Monday, Ontario’s government announced that it would start legal cannabis sales as online-only when it becomes legal on Oct.… Read More
Alcohol Distributor Constellation Brands Makes $4 Billion Cannabis Investment
Wed / Aug 15th
Constellation Brands, the brewer of Corona beer and a major distributor for Svedka vodka, just invested nearly $4 billion (CAD… Read More
Shopify Locking Up Canadian Cannabis Market
Mon / Aug 13th
Online retail giant Shopify has been cutting huge deals with Canadian provinces and cannabis producers to set itself up as… Read More
Cannabis Entrepreneurs Rush to Secure Toronto Retailer Locations
Mon / Aug 6th
Entrepreneurs are flocking to Toronto, Ontario in order to secure real estate for future cannabis retailer locations, CBC reports. The rush… Read More
Afzal Hasan: Cannabis Industry Investments and Acquisitions
Thu / Aug 2nd
Afzal Hasan is the President and General Counsel for CannaRoyalty, a Canada-based investment firm with cannabis acquisitions in Canada, California,… Read More
Molson-Coors Latest Big Alcohol Player to Invest in Cannabis
Wed / Aug 1st
In an effort to battle falling beer sales, Molson-Coors has embraced Canada’s legal cannabis market by partnering with The Hydropothecary… Read More
Canadian Cannabis Growers Will Be Federally Subsidized
Wed / Aug 1st
Canada’s federal government will provide some of the same subsidies to cannabis growers that it does to traditional agriculture operations… Read More