Canadian Student Union Approves Student Health Plan MMJ Coverage Pilot Program

The student union at the University of British Columbia’s Okanagan campus have approved a pilot program that will allow their student health insurance to cover medical cannabis, according to a CBC News report. This is the second university in Canada to approve allowing medical cannabis coverage under its healthcare plan after the University of Waterloo approved […]

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Canopy Growth Receives License for World’s Largest Cannabis Cultivation Site

Canadian medical cannabis producer Canopy Growth Corp. has been granted a license for the largest federally-licensed cannabis cultivation site in the world – it’s 1.3 million-square-foot site in Aldergrove, British Columbia. The site is one of two operating under a partnership with BC Tweed, known as the BC Tweed Joint Venture. The license covers more […]

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Newfoundland and Labrador Cannabis Regulators Request Canna-business Proposals

The Newfoundland and Labrador Liquor Corp has launched Cannabis NL, which will oversee recreational cannabis sales in the Canadian province, according to a report from the Telegram. The formation of the cannabis arm comes with a call for canna-business proposals and NLC officials expect to award 41 total licenses in the first round, not including […]

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Canadian Cannabis Legalization Delayed Until at Least August

Recreational cannabis sales in Canada will not begin on July 1 as anticipated as federal lawmakers have come to an agreement that will see the legislation taken up on or before June 7, CBC News reports. Health Minister Ginette Petitpas-Taylor said that it would take eight to 12 weeks after the legislation is approved to get […]

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Shopify Will Run Ontario’s Legal Cannabis Sales Platforms

The government of Ontario, Canada has tabbed Shopify Inc. to run online retail cannabis sales, the Canadian Press reports. Shopify’s platforms will also be used at retail points-of-sale. “Our top priority is fulfilling the province’s framework for the safe and sensible retailing of recreational cannabis for when it is legalized by the federal government. We […]

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Six Companies Sign on With Quebec, Canada Government to Supply Adult-Use Cannabis Market

Six licensed medical cannabis companies have signed on with the province of Quebec, Canada to provide 60,000 kilograms (132,277 pounds) of cannabis for the forthcoming adult-use cannabis market, the Globe and Mail reports. The provincial government expects to open 15 stores throughout Quebec and will allow online sales. The companies include: The Hydropothecary Corp. – […]

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Michael Brubeck: How to Identify a Winning Cannabis Investment

Michael Brubeck is the founder and CEO of Centuria Foods and author of Tipping the Scales, a book about cannabis industry financing that helps canna-curious investors identify characteristics of a successful venture. For this Ganjapreneur.com podcast episode, Michael joined our host TG Branfalt for an interview that covers his early time in the industry — where he […]

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Report: Canadian Cannabis Legalization Could be Stalled Past July

Some Canadian lawmakers suggest that federal cannabis legalization could be delayed past July as the legislation to implement the reforms must be approved by May in order for the industry to be fully prepared for the new regime, according to a CBC report. Health Minister Ginette Petitpas Taylor said that officials from lower levels of […]

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Canadian Cannabis-Centric Entrepreneur Collective Acquires Uruguay Hemp Producer

In their first foray into Latin America, British Columbia, Canada-based Cannabis Wheaton Income Corp. is set to acquire Uruguayan hemp producer Inverell S.A. in a deal worth $15 million. Inverell is licensed in Uruguay to cultivate and harvest a proprietary hemp strain containing 0.5 percent THC and 8 percent CBD. Inverell also owns a genetic […]

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Canadian Territory of Nunavut Releases Cannabis Policy Draft Rules

The Government of Canadian territory Nunavut has released their draft rules for cannabis regulation, setting the legal purchase and possession age at 19 and keeping the possession limit at 30 grams – in line with federal proposals. The rules also provide landlords the ability to ban smoking or growing cannabis on their properties but suggest […]

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Aurora Sky Facility Receives Health Canada MMJ Cultivation License

Aurora Cannabis Inc. has received a cultivation license from Health Canada for its under-construction, 800,000-square-foot facility at the Edmonton International Airport, dubbed Aurora Sky. The facility will be able to produce more than 100,000 kilograms (220,462 pounds) of cannabis annually. “The licensing of Aurora Sky is a game changing milestone for the cannabis industry and […]

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Canadian MMJ Producer Aphria to Acquire Nuuvera for $826M

Canadian medical cannabis producer Aphria Inc. is set to acquire Nuuvera Inc. for $826 million as part of its efforts to expand into Europe, Africa, and the Middle East, where Nuuvera already has a strong presence. Aphria will pay $8.50 per share to Nuuvera shareholders – a 21.4 percent premium over the stock’s Friday close price. […]

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Darcy Bomford: Acquiring a Cannabis License in Canada

Darcy Bomford is the CEO of True Leaf Medicine International, a Canadian company with one department in the national medical cannabis program and another that manufactures hemp-based wellness products for pets. In this interview, Ganjapreneur.com podcast host TG Branfalt talks with Darcy about Canada’s medical cannabis program, the strict licensing process that producers undergo there, […]

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Canadian MMJ Producers Aurora and CanniMed Come to Terms in $1.1B Deal

In the most valuable cannabis industry deal to date, Canadian medical cannabis producers Aurora Cannabis Inc and CanniMed Therapeutics have entered into a support agreement that will create the most valuable cannabis company in the world. The deal, which comes months after Aurora set in motion a hostile takeover bid of CanniMed and led to the […]

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Canada’s Shoppers Drug Mart Inks Third Deal to Provide MMJ to Consumers

Canadian medical cannabis producer Tilray has entered an agreement with the nation’s largest provider of pharmacy products and services, Shoppers Drug Mart, to sell its products to consumers, according to a KamloopsBCNow report. This is the third medical cannabis producer to strike a deal with Shoppers Drug Mart – Aphria and MedReLeaf announced their own […]

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Aurora Subsidiary Wins Italian MMJ Contract

Pedanios GmbH, a wholly-owned subsidiary of Canada’s Aurora Cannabis Inc., has won a contract to supply medical cannabis to the Italian government through the Ministry of Defense, which oversees the nation’s medical cannabis program. Under current Italian law, the Defense Ministry currently produces the medical cannabis for Italian patients, but some wholesalers can purchase products […]

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Montreal Officials Want to Keep 1/3 of Cannabis Taxes and Jurisdiction Over Outdoor and Event Use

The city of Montreal, Quebec, Canada is seeking a third of the tax revenues derived from recreational cannabis sales in the city, claiming the funds will help raise the estimated $4 million to $9 million it will need to hire as many as 50 police officers, and train firefighters and other civil security workers once […]

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Prince Edward Island, Canada Releases New Provincial Rules for Cannabis Legalization

Officials in Prince Edward Island, Canada have offered more details on their cannabis legalization rules, announcing that adults 19-and-older will be allowed to possess up to 30 grams in public with no restrictions on limits in private residences, the CBC reports. The Department of Justice and Public Safety also announced that Canada’s Island Garden, OrganiGram, […]

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Aphria Acquires Broken Coast in Latest Canadian MMJ Deal

Canadian medical cannabis producer Aphria Inc. has signed a letter of intent to acquire British Columbia’s Broken Coast Cannabis Inc. in a deal worth about C$230 million. The deal, subject to customary closing adjustments, will be paid in C$10 million cash and the remainder in Aphria shares. The deal will see Aphria become the largest […]

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Survey: Canadians ‘Uncomfortable’ Using Cannabis with Family; Support Legalization

As Canada moves forward with federal legalization, two in three Canadians surveyed by Business of Cannabis and Nanos Research indicated they are “uncomfortable” or “somewhat uncomfortable” using cannabis products with their families but citizens across all age demographics are supportive of legalization and retail sales. The survey, released Jan. 10, found that 82.1 percent of […]

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Cannabis Stocks in US & Canada Rocked by Sessions Policy Change

Cannabis stocks in both the U.S. and Canada took at hit following the announcement by U.S. Attorney General Jeff Sessions that he was rescinding the Obama-era Cole Memo, which had allowed state-approved cannabis programs to proceed without federal interference. In the U.S, Scotts Miracle-Gro Co., which has recently expanded into plant nutrients and hydroponic growing systems, […]

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Aurora Stock Climbs on Domestic and European MMJ Success; Firm Buys More CanniMed Stock

Canadian medical cannabis company Aurora Cannabis Inc. saw a 10 percent increase in their stock price on Tuesday after announcing they had sold 354 kilograms (780.4 pounds) of cannabis in Canada and Germany in November. The stock, traded on Canada’s Toronto Stock Exchange, opened Tuesday at CA$10.75 and closed at CA$11.82. Aurora announced its domestic […]

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Canadian Regulators Make Initial Ruling in Aurora-CanniMed Takeover Saga

The Ontario (Canada) Securities Commission has issued a regulator ruling in Aurora Cannabis Inc.’s attempted hostile takeover of CanniMed Therapeutics Inc., indicating that any securities issued by CanniMed as a defense against the bid must be cease-traded, the Canadian Press reports. The ruling requires Aurora to amend its takeover bid circular and all related press […]

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New Brunswick, Canada Unveils Potential Cannabis Retail Shop Designs

Regulators in New Brunswick, Canada have released potential retail cannabis store designs, which New Brunswick Liquor Corp. spokesman Mark Barbour calls “very chic, very modern” and “along the lines of a jewelry store,” according to the report from The Canadian Press. In an artist rendering, the upscale shops would feature grey walls and black ceilings, […]

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