Canadian marijuana producer Aurora Cannabis (ACB) reported fiscal second-quarter sales that came in at the high end of an earlier forecast, even as the company’s losses ballooned. Aurora Cannabis stock and other marijuana stocks were mostly lower after Monday’s close. The company’s results arrive as investors look for more insights into how Canada’s biggest pot companies are […]
Canada
Cannabis and International Trade: Never the Twain Shall Meet?
By Adams Lee , Attorney at Harris Bricken Recently, we’ve been getting tons of questions from clients regarding the international import and export of cannabis around the globe. 2018 was a historic year for the cannabis industry not just in the United States, but also internationally. Canada legalized recreational marijuana for the entire country. Many countries (e.g., Thailand, […]
Shoppers Drug Mart granted licence to sell medical marijuana online
TORONTO — Shoppers Drug Mart has been granted a licence to sell medical marijuana online. Health Canada’s list of authorized cannabis sellers and producers has been updated to reflect that the pharmacy can sell dried and fresh cannabis, as well as plants, seeds and oil. A website has been set up by the company, which […]
MediPharm Labs Corp. Receives Sales Licence from Health Canada
PRESS RELEASE TORONTO, Nov. 12, 2018 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (“MediPharm Labs” or the “Company”) (TSXV: LABS) is pleased to announce that its wholly-owned subsidiary, MediPharm Labs Inc., has received its sales licence from Health Canada (the “Sales Licence”) pursuant to the Cannabis Act. The Sales Licence relates to the Company’s wholly-owned laboratory […]
Marijuana Seizures Up 140 Percent at US-Canadian Border Since Legalization
US Border guards have processed 108 marijuana seizures at the US-Canada border crossing between Buffalo, NY and Champlain, Ontario in October. That’s a nearly 140 percent increase from the 44 marijuana seizures made at that same border crossing during October of last year. And Chief Customs and Border Protection Officer Aaron Bowker says people shouldn’t […]
Canada Runs Low on Legal Marijuana Just Weeks After Its Approval
Canada is running low on legal pot three weeks after the government approved the use of recreational marijuana, a shortage that is sending some frustrated consumers back to the black market. At least three provinces — Ontario, Quebec and New Brunswick — are facing a dearth of legal marijuana and two of them have seen outlets […]
These Countries Are Warning Their Citizens Not To Smoke Cannabis In Canada
The governments of Japan, South Korea and China are warning their citizens to stay away from cannabis while they are in Canada, lest they damage their health or be faced with the possibility of repercussions at home. On Monday, the Chinese Consulate General in Toronto published a letter on their official website urging Chinese citizens and international […]
Vancouver, Canada’s Marijuana Capital, Struggles to Tame the Black Market
In the pot-friendly city of Vancouver, illegal marijuana dispensaries outnumber Starbucks outlets, and among the most popular is Weeds, Glass and Gifts. There, in a relaxed space reminiscent of the coffee chain, jovial “budtenders” sell coconut chocolate bars infused with marijuana and customers smoke powerful pot concentrates at a sleek dab bar. When Canada legalized […]
Smoking Marijuana Is Legal in Canada, Unless You’re South Korean
Recreational cannabis use may now be legal in Canada, but South Koreans visiting the country who are tempted to smoke up risk facing punishment back home, their government warned on Tuesday. “Even if South Koreans are in a region where marijuana is legal, it will be illegal for them to consume it,” the South Korean […]
Canada Is Already Experiencing Cannabis Shortages
Canadians loved their legal weed so much that many stores ran out of stock of the first day of legalized cannabis and no one is sure when the shortages will end. Across the country, smokers of all pedigrees (including one brilliant dude named Tim) either logged onto a website or waited for hours outside a store to get […]
Canada Makes Marijuana Legal, and a National Experiment Begins
MONTREAL — Canada on Wednesday became the first major world economy to legalize recreational marijuana use, beginning a national experiment that will alter the country’s social, cultural and economic fabric, and present the nation with its biggest public policy challenge in decades. Newfoundlanders became the first Canadians to be able to smoke pot legally, when […]
Canada Is Legalizing Marijuana Wednesday. Here’s What You Need to Know.
Canada is poised on the edge of a cultural revolution and dramatic social experiment as it prepares to legalize marijuana on Wednesday. Although the move has been planned since Prime Minister Justin Trudeau was elected in 2015, the country is scrambling to get ready for the big day because while the federal cannabis act sets […]
Canadians Already Smoke a Lot of Pot. Now It’s About to Become Legal.
HAMILTON, Ontario — Up on the third floor of a commercial building near the city’s edge is a vision of Canada’s future. To the sound of throbbing music, hundreds of people jockey around the marijuana-infused products laid out for sale in a pop-up cannabis market. Marijuana cinnamon buns. Marijuana cereal bars and gluten-free cookies. Marijuana […]
Canadian cannabis industry workers will be able to enter U.S. for pleasure travel
U.S. Customs and Border Protection says Canadian citizens working in the cannabis industry should be able to enter the U.S. for reasons unrelated to the marijuana industry. The agency updated its website Tuesday, providing a measure of clarity after a vague statement last month left the industry and investors facing uncertainty about travel of any kind […]
Canada to Open More Than 100 Pot Shops as It Becomes the Second Country to Legalize Marijuana
Mat Beren and his friends used to drive by the vast greenhouses of southern British Columbia and joke about how much weed they could grow there. Years later, it’s no joke. The tomato and pepper plants that once filled some of those greenhouses have been replaced with a new cash crop: marijuana. Beren and other […]
Low-THC Marijuana Products Could Be A Big Hit in Canada
When Canada launches its fully recreational marijuana market in the next week, the cannabis industry is expected to not only serve those die-hard customers who have dedicated years, maybe even decades to the black market but also those curious people new to cannabis. It is those neophytes on the scene, those with little concern for […]
Canada is about to legalize marijuana. How did that happen? Justin Trudeau, for starters
Politicians herald it as transformative. Residents offer resounding support in the polls. Investors see billions of dollars on the horizon. When Canada legalizes marijuana on Oct. 17, it will join Uruguay as the only countries to allow recreational cannabis nationwide. The South American country became the first in 2013. The effort, years in the making, […]
TGOD Closes Acquisition Of Hempoland, Providing Immediate Accretive Revenue And International Sales
PRESS RELEASE The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce the closing of the previously announced acquisition of HemPoland. The transaction has received approval from the Toronto Stock Exchange and cements the Company’s commitment to building shareholder value through international expansion. “HemPoland has proven an ability to […]
