Recreational marijuana may soon be legal in Canada, after both the House of Commons and the Senate approved the Cannabis Act. Legal sales are likely to begin before the end of summer after the Senate voted 52-29 Tuesday night to approve the bill, the CBC reports. “We’ve just witnessed a historic vote for Canada. The end […]
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Legal Marijuana Won’t Arrive In Canada By July 1 As Planned
The federal government’s much-debated legislation to legalize marijuana is being punted back to the Senate, it was confirmed on Wednesday, with a few key changes in its wording and a stern warning from the prime minister that Conservative senators should quit playing “games.” What this means, in practical terms, is that the parliamentary wrangling over Bill C-45 will probably […]
Here’s How Much Marijuana Costs in the United States vs Canada
A tidal wave of change is hitting the cannabis industry in both the United States and Canada. In the United States, medical marijuana is now legal in 29 states. Not only that, but the recreational use of marijuana is now legal in 10 states. You can walk into a licensed store in places like California, Oregon and […]
Canada To Measure Marijuana Use By Testing Sewage
As a bill that would legalize recreational marijuana works its way through the Canadian Parliament, the government is gearing up to track cannabis consumption more closely than it has before. Statistics Canada has begun to do city-scale drug screening by monitoring what Canadians flush down the toilet. Six cities have agreed to contribute samples from […]
Marijuana Is the New Gold for Mining Companies Going to Pot
Turns out, it may be easier to strike gold by growing green. Just ask Jay Wilgar, a former wind power developer who started a medical marijuana company with friend Travis Kanellos after hatching the idea while lifting weights at a gym. When they began looking at ways to take their startup public, advisers suggested partnering […]
Canada: With Legal Marijuana Comes Longer Border Waits
The legalization of marijuana could lead to longer waits at Canada’s border crossings as officers deal with “cannabis tourists,” warns an intelligence report obtained by Global News. The declassified Canada Border Services Agency document also said that illicit exports of marijuana “are expected to increase” after legalization, putting additional strain on officers. “Unless exemptions are made for personal […]
Who Stands To Cash In On Canada’s Legal Marijuana?
Smith Falls, Ontario – The cannabis growing operation in Smith Falls, a small town southwest of the Canadian capital, Ottawa, is unlike most others in the world. Occupying 15,600sq metres in a facility that was previously Canada’s first Hershey’s chocolate factory, thousands of cannabis plants sit across the street from a police station. But as Canopy […]
StatsCanada Survey Finds Canadians Pay An Average Of Under $7 Per Gram Of Cannabis
Canadians pay an average of less than $7 a gram for pot, according to Statistics Canada data collected through a crowdsourcing pilot project. More than 15,000 Canadians have participated in StatsCan’s online survey since Jan. 25, exceeding expectations of 1,000 to 2,000 entries. Broken down by province and territory, the average price for a gram of dried […]
Canadians Spent An Estimated $5.7 Billion On Cannabis Last Year
Nearly five million Canadians spent money on marijuana last year, spending an average of about $1,200 each, according to new federal data. That’s one of the main takeaways of a Statistics Canada report released Thursday that attempts to quantify the size of the market leading up to legalization this summer. The data agency warns that because so […]
Aurora Cannabis To Buy CanniMed Therapeutics For $1.1 Billion
Aurora Cannabis Inc. has struck a friendly deal valued at $1.1 billion to buy rival licensed producer CanniMed Therapeutics Inc., ending a hostile takeover battle between the Canadian marijuana companies. “We are very pleased to have come to terms with CanniMed on this powerful strategic combination that will establish a best-in-class cannabis company with operations […]
