More than a year ago, Canada made recreational cannabis legal. So why are people still buying it on the black market? “It didn’t take a rocket scientist to recognize that [cannabis] stocks were trading on fantasy and not on fundamentals,” says Jonathan Rubin, CEO of New Leaf Data Services. See the original article at BBC
U.S. border protection has barred a young Canadian woman from crossing the border after cannabidiol (CBD) oil was found in her backpack — a non-psychoactive product of the cannabis plant she uses to treat the painful side effects of scoliosis. Thousands of Canadians have been denied entry to the U.S. simply for admitting they’ve smoked a joint once in […]
Statistics Canada has released their latest report on the state of cannabis prices in Canada, and things aren’t looking too hot for the legal market. Using data crowdsourced between April 1 and June 30, StatsCan found that the average price of a gram of legal pot rose from C$10.21 in the previous quarter to C$10.65 […]
Ontario-based biopharmaceutical company Scientus Pharma commissioned a study of Canadian cannabis oils through the Toronto General Hospital Research Institute, the goal of which is to show that most of the cannabis oils being sold on the Canadian market essentially have no medicinal juice. The study has found that the majority of these products are tantamount […]
Normally, statisticians use polls to collect data, but since cannabis is still highly stigmatized, Stats Canada couldn’t rely on people being forthcoming about their cannabis use. So instead, the Stats Canada team turned to the nation’s toilets. From March through August of 2018, Stats Canada analyzed the wastewater of five cities: Halifax, Montreal, Vancouver, Edmonton and […]
A Canadian investor travelling to Las Vegas, Nevada, to attend a prominent cannabis conference and tour a new cannabis facility has been issued a lifetime entry ban to the United States, according to an immigration lawyer he consulted. “He was travelling straight from Vancouver to Vegas. When they found out he was going down to […]
Saskatchewan’s marijuana business continues to be an uphill struggle for its retailers nearly three weeks after legalization. Only five stores are currently open in the province. SLGA has issued permits to just nine of the 51 winners of the provincial lottery that decided who could open a recreational pot shop. See the original article at CBC
Canadians who use cannabis for medical reasons are being hit by shortages in a far worse way than recreational users. “It’s actually more than a supply issue. Really, it’s something of a health crisis now,” said James O’Hara of the advocacy group Canadians for Fair Access to Medical Marijuana, “Unfortunately, there are no regulations in place to […]
Quebec’s government-run cannabis stores have announced that their opening hours will be trimmed due to the chronic shortages the shops have experienced since marijuana became legal on October 17. The Société québécoise du cannabis (SQDC) outlets will no longer be open Mondays, Tuesdays or Wednesdays. The SQDC says that the new hours will be in effect until the “availability of products is stabilized.” See the original […]
Jacob Boudreau believes that the wasteful plastic containers used by the Nova Scotia Liquor Corporation (NSLC) to package legal cannabis that would otherwise be disposed of in the garbage, can serve a higher purpose: creating prosthetic limbs for children. Boudreau operates Kindness3D in Halifax, NS, a non-profit chapter of a global network called e-Nable that brings together 3D printer enthusiasts to manufacture […]
The Canadian online cannabis stores powered by Shopify Inc.’s e-commerce software were collectively processing more than 100 orders per minute, the Ottawa-based company said, an indication of the high demand for newly-legal marijuana. These online stores saw “millions of visitors” from Canada and around the world in the hours after they went live at 12:01 […]
The U.S. Customs and Border Protection Agency (CBP) has announced that Canadians who work in the legal cannabis industry will generally be allowed to enter the United States. Previously, Canadians faced a lifetime ban to the U.S. if they admitted to working — whether as an entrepreneur, investor, or employee — in the cannabis space. […]
It’s January 2019 and cannabis is fully legal in Canada. You’ve obtained every permit required to develop, market, and sell your invention. Everything is above board. So why would you worry you ever might have a problem at Canada’s border with the United States? Because U.S. authorities could consider that nutritious blend of dirt that […]
Life insurance companies in Canada are becoming more accepting of cannabis, and many firms have stopped categorizing pot users as smokers. Joan Weir, the director of health and disability policy for the Canadian Life and Health Insurance Association, told the CBC that many companies are no longer penalizing light users and “have moved to a […]
Recreational marijuana use will soon be legal in Canada after the Senate passed a “historic” bill on Tuesday with a vote of 52-29. Canada is only the second country in the world — and the first G7 nation — to implement legislation to permit a nationwide marijuana market. In the neighboring US, nine states and […]
Canadian medical marijuana patients will be allowed to grow “limited amounts” of cannabis according to the Health Canada’s new program, called the Accessing Marijuana for Medical Purposes Regulations (AMMPR). On August 11, the Canadian government held a teleconference to introduce the new regulations, which were drafted in response to a court decision ordering the Canadian […]
Toronto Police raided four marijuana dispensaries Thursday, police chief Mark Saunders confirmed Thursday. “If you have dispensaries that are open, your chances of going to court and being charged are very high . . . I haven’t minced words on this,” he said. “It’s illegal to sell marijuana unless you have a license from Health […]
The DEA said it is “most interested” in U.S. residents who invest in Canadian medical marijuana, Reuters asked about the DEA’s position on these types of investments: “With marijuana still illegal on a federal level in the United States, American investors in Canadian medical marijuana can be seen as violating the Controlled Substances Act, according […]
Canadian Cannabis Clinics (CCC), a new medical clinic focusing on medical marijuana as a treatment option, will open in St. Catharines on September 16, 2014 and will be the first of its kind to operate with zero patient fees. St. Catharines was selected as the site for CCC’s first location because it is a hub for the Niagara region. CCC […]
In an earnings statement released by Tweed, the company reported initial revenue of $188,736, all coming in the last two months of the quarter ending June 30. Operating expenses were down slightly compared with the previous quarter, coming in at $1,134,427. The company said the expenses came from hiring additional staff as well as investing […]
Organigram Inc. joined Bedrocan (BED) on Monday as another licensed Canadian medical cannabis cultivation company to become a publicly traded licensed producer under Canada’s Marijuana for Medical Purposes Regulations (MMPR), offering investors an alternative to Tweed (TWD) in the budding market. After completing its reverse merger and a mandatory trading halt, investors can now purchase the stock under the ticker symbol “OGI”. Canada’s […]
Quality Assurance for Medical Marijuana (MMPR) Certificate Program at the Academy of Applied Pharmaceutical Sciences (APPS) As the medical community continues to acknowledge the medical properties and health benefits of marijuana, APPS is becoming one of the leaders in providing the required, Quality Control and Quality Assurance accreditation. With Health Canada’s introduction of the QA […]
Update (8/21/14): Bedrocan Set To Go Public On Monday, August 25 Private Health Canada’s medical marijuana license holder, Bedrocan, is expected to go public this month, making the company the second licensed MMJ producer to do so in Canada after Tweed entered the market in early April. Experts are wondering if market leader Tweed will keep its number one […]
Marc Emery vows to take political revenge on the Conservative government once he is finally released from U.S. custody and returns to Canada later next month. The “Prince of Pot” Marc Emery was released from prison after serving a five-year sentence for selling marijuana seeds to customers south of the border. Speaking with CBC Radio in his first […]
Last week we showed you a commercial for My420Mate that Comcast won’t air. But things are different in Canada, where medical marijuana purchased with a prescription has been legal since 2001. Marijuana seeds are legal and available, and Crop King Seeds has produced the country’s first marijuana commercial. The Vancouver-based marijuana breeder has not yet aired […]
The “Prince of Pot” Marc Emery will be released from a United States prison this Wednesday after serving a five-year sentence for selling marijuana seeds to customers south of the border. His wife Jodie – who is gearing up to run for the Liberal party in a federal election in the Vancouver-East riding – says […]
The Canadian website Lift, an online hub that provides patient-sourced information about the medical marijuana program, is offering a year’s supply of medical marijuana as part of an awareness campaign. Although having a prescription for medical marijuana is not a prerequisite for entering The ‘Get Happy Canada’ contest, the winner will need to obtain a prescription from a doctor and […]
Dr. Michael Hart set up his practice a year ago and has been prescribing medical marijuana for several months. He believes that he is the first family physician in the London, Ontario area to write authorizations for marijuana use, allowing patients to buy it online from federally licensed marijuana producers. Hart said it’s a matter […]
Canada’s first medical marijuana clinical trial has been registered with Health Canada, a milestone that could be the first step toward legitimacy in the eyes of the medical community. The trial will measure the effects of marijuana on patients with osteoarthritis of the knee versus other patients who receive a placebo. For years, the Canadian […]
In response to Canada’s new medical marijuana rules that eliminates home growing by patients and requires that medical cannabis be purchased by licensed providers, CanvasRx has launched what it is calling “the first comprehensive database for medical marijuana today”. With no cost to patients or doctors, the new database matches marijuana strains to symptoms, and connects […]
A 12 year old legal battle between the Alberta Human Rights Commission and the Christian Church of Marijuana has finally ended as the Supreme Court of Canada came to the conclusion that the church and its followers were legally practicing their religious beliefs. The battle has been ongoing since a police raid seized about 200 […]
Cannabis production is about to go industrial, but you’ll have to head to Canada to take advantage of it. CEN Biotech, a nutrition company best known for an amino acid supplement, is working on opening the “largest and most advanced” legal marijuana production facility in the world. The Ontario site will be able to grow […]
Update (8/5/14): Bedrocan Expected To Begin Trading Mid-August Private Health Canada’s medical marijuana license holder, Bedrocan, is going public. This is the second permitted company to do so after Tweed stomped in to the market in early April. Only 12 companies across Canada currently hold MMPR approval. Bedrocan has one grow facility that is expected […]