Aurora Makes ‘Unsolicited Offer’ for CanniMed Takeover

Canada’s Aurora Cannabis Inc. is seeking to takeover CanniMed Therapeutics in an all-stock $455 million deal, according to a Bloomberg report. The deal values CanniMed stock at C$24 a share, 57 percent above Tuesday’s Toronto Stock Exchange closing price. Aurora Executive Vice President Cam Battley told Bloomberg that the firm is “making a very big […]

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Matt Rizzetta: Leveraging PR to Grow Household Cannabis Brands

Matt Rizzetta is the CEO of North 6th Agency, a public relations firm based in New York City and Toronto that serves cannabis and mainstream business clients nationwide. In this episode of the Ganjapreneur.com podcast, Matt joins host TG Branfalt to talk about the mainstream media’s evolving perception of cannabis, public relations strategies for companies […]

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Canadian Government Proposes $1 Per Gram Federal Cannabis Tax

With Canada’s legalization date looming, North America’s northernmost nation is laying the groundwork for what will soon be the world’s largest national adult-use cannabis marketplace. Last week, Liberal MP Bill Blair — the former chief of police for Toronto and Prime Minister Justin Trudeau’s point man for the country’s legalization process — announced the federal […]

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Manitoba, Canada Premier Unveils Provincial Cannabis Industry Plan

Manitoba, Canada Premier Brian Pallister has laid out his plan for how the legal cannabis industry will operate in the province, preferring a “hybrid retail and distribution model that allows both the public and private sectors to do what they do best” rather than a wholly government-run system. The model will give the Liquor and […]

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IBM Pitches Blockchain Tech to British Columbia, Canada Government for Legal Cannabis Tracking

IBM is pitching blockchain technology to the British Columbia, Canada government as “an irrefutable chain of custody audit for the seed-to-sale of cannabis.” According to the Oct. 1 document, IBM says the technology can help the government “take control of sourcing, selling, and pricing” of cannabis products, assist producers with inventory management in real time, […]

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Canadian Government Allots $36.4M on Cannabis Public Education Campaign

The Canadian government plans to spend CA$36.4 million over the next five years on a cannabis public education and awareness campaign focused on youth and other at-risk populations, and drug-impaired driving. In March, Health Canada launched a digital campaign targeting parents, urging them to discuss cannabis with their children; the next phase will be geared […]

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Canadian Community College Offers Cannabis Cultivation Course; Gov’t Paying Tuition for First Round of Students

New Brunswick, Canada’s Dieppe Community College will begin offering its 12-week medical cannabis cultivation course next month, and the first class will have their tuition covered by the provincial government, according to a CBC News report. The course, which begins Nov. 27, costs CA$2,800 per student, equaling CA$70,000 (US$54,484) for the class of 25 students. […]

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Alcohol Distributor Constellation Brands Buys Stake in Canopy Growth

Constellation Brands, the U.S. distributor of Corona beer and Svedka vodka, has agreed to take a 9.9 percent stake in Canopy Growth Corp., a Canadian medical cannabis company, for about US$191 million (C$245 million) the company announced in a press release. The announcement comes less than one year after Constellation CEO Rob Sands told Ad […]

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New Brunswick, Canada Retail Cannabis Operations to be Run by NB Liquor

The New Brunswick, Canada government has announced that NB Liquor will operate the nation’s adult-use cannabis industry in the province through a subsidiary, according to a report from the Sackville Tribune-Post. Through the subsidiary, operations and retail stores will be operated by the corporation. Health Minister Benoît Bourque said the move prioritizes “public health and […]

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Two Canadian Firms Fully Licensed to Cultivate & Process MMJ in Colombia

Canada-based Khiron Life Sciences Corp. and PharmaCielo Ltd. are the first companies to be granted full licenses to produce and process medical cannabis products in Colombia. Both companies are able to cultivate and process products containing unrestricted percentages of THC and CBD. Having received all three requisite licenses to operate in the country, Khiron Colombia […]

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Canadian Companies Partner for Australia’s Largest MMJ Greenhouse

Two Canadian businesses are partnering to build a 1 million-square-foot greenhouse in Casino, New South Wales, Australia for medical cannabis cultivation, according to a report from the Construction Index. The PUF Ventures and MYM Nutraceuticals project will be completed in two stages; the first phase will cover about 300,000 square feet – which alone would […]

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Toronto Stock Exchange Could Delist Cannabis Companies with U.S. Interests

The Toronto Stock Exchange could delist, suspend, or halt trading for medical cannabis companies with investments in the U.S. because the operations are prohibited under federal law. In the Oct. 16 Notice to Issuers, regulators say while they are “aware” that some states have legalized cannabis for medical and adult use, “it is illegal under […]

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Uruguayan Cannabis Producer Plans to Export MMJ Oil

International Cannabis Corporation, a licensed cannabis producer in Uruguay, plans on exporting medical cannabis oil next month for sale in Canada and Mexico, according to a report from Reuters. Alejandro Antalich, the chief executive of ICC, said he hopes to eventually sell the product locally but is not permitted under the nation’s adult-use regime. The […]

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KIND Financial Launches First ‘Seed-to-Payment’ System in Canada

KIND Financial has rolled out the cannabis industry’s first-ever “seed-to-payment” system in Canada, which will allow users to track the complete lifecycle of a plant from seed to payment, including granting users access to bank accounts and credit card processing. The e-commerce platform also allows companies to explore international trade options without worrying about foreign […]

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Tilray to Export Full Spectrum Cannabis Oil to Germany

For the second time in as many weeks, Canadian medical cannabis producer Tilray has announced plans to exports its product overseas, this time sending its full-spectrum cannabis extracts to Germany where they will be distributed nationwide through pharmacies. Brandon Kennedy, Tilray CEO, called the agreement “another strategic milestone” which comes on the heels of the […]

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Trudeau Supports 10% Tax on Legal Cannabis Sales

Canadian Prime Minister Justin Trudeau has proposed levying a C$1 tax (80 cents USD) on adult use cannabis sold for up to C$10 a gram, and a 10 percent tax on cannabis sold for more than that, according to a report from Bloomberg. Half of the tax revenues would go to provincial governments and half […]

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Canadian Abattis Bioceuticals Strikes South Korea Distribution, CBD Product Development Agreement

Vancouver, Canada-based Abattis Bioceuticals Corp. is partnering with Global Damon Pharma to distribute and sell Abattis’ hemp-based product lines exclusively in South Korea. Abattis received approval to export hemp-derived products from Health Canada last year. Rob Abenante, president and CEO of Abattis, indicated that South Korea imported about “20 to 30 tons” of hemp seed weekly […]

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Aurora Cannabis Acquires Two Indoor Gardening Appliance Producers

Canadian medical cannabis producer Aurora Cannabis has acquired indoor gardening companies BC Northern Lights and Urban Cultivator Inc. The companies are expected to generate a combined $5 million in revenues this fiscal year, which ends Oct. 31. The firms produce and sell high-yield, indoor appliances for microgreen, vegetable, herb, and cannabis cultivation for homes. BC […]

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Canada’s Tilray Successfully Exports MMJ to New Zealand

Medical cannabis producer Tilray has exported its Canadian-grown products to New Zealand, where they will be distributed to pharmacies who serve the country’s registered patients. The firm has also exported products to South America, Europe, and Australia since 2016. “We are proud to offer New Zealand patients access to quality-controlled, pharmaceutical-grade medical cannabis products,” said […]

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Canada’s Aurora Ships 50kg of Cannabis to German Subsidiary

Canadian licensed producer Aurora Cannabis last week shipped 50 kilograms of medical cannabis from its facility in Alberta to Berlin, Germany-based producer Pedanios, a wholly-owned Aurora subsidiary which distributes to more than 1,500 pharmacies throughout the nation. The shipment was necessary to help offset “a significant shortage of supply,” according to a press release. Neil […]

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Health Canada to Launch Cannabis Awareness Public Health Campaign

Health Canada plans to launch a cannabis awareness public health campaign aimed at teens and young adults which will focus on messages such as, “the younger cannabis use starts and the more it is used the higher the health risks,” and “like alcohol, cannabis is not without risks,” according to a report from the CBC. […]

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Study: THCA ‘Worth Consideration’ as Huntington’s Therapy

Scientific advisory board members of Emerald Health Therapeutics Inc., a Canadian licensed medical cannabis company, have co-authored a study suggesting THCA shows neuroprotective activity and is “worth consideration for the treatment of Huntington’s Disease and possibly other neuroinflammatory diseases.” THCA is the precursor cannabinoid to THC and has no psychotropic effect. THCA converts into THC […]

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Ontario, Canada’s Niagara College to Offer Cannabis Cultivation Degree

Niagara College, located in Niagara-on-the-Lake, Ontario, Canada, will soon offer a one-year post-graduate program in cannabis cultivation as the nation moves toward federal legalization, according to a report from the Star. The program, which will be available to students who have earned a degree in horticulture, agricultural sciences, or related fields, will focus on plant […]

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New Brunswick, Canada Sets up Crown Corporation to Oversee Legal Cannabis Sales

New Brunswick, Canada’s government has established a Crown corporation which will oversee the sale of recreational cannabis in the province. Provincial government officials have signed memorandums of understanding with licensed producers Canopy Growth Corp. and Organigram to supply the New Brunswick market. Health Minister Benoît Bourque said the plan will allow a “seamless approach” to federal […]

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