With the recent legalization of marijuana, the P.E.I. Responsible Beverage Course has been updated to include more information on cannabis consumption and intoxication. 

Anyone who wants to serve liquor in licensed establishments on the Island is required to take the course. 

The course is delivered by the Island Liquor Control Commission and is taught online and in-person and outlines the rules around how to serve patrons in order to keep them safe. 

"We always had, in the responsible beverage course, a section dealing with alcohol and drugs," said Jack Wheeler, who delivers the course on the Island.  

The interim chief executive of CannTrust Holdings Inc. said the board was kept in the dark about unlicensed growing at its Ontario greenhouse and only learned of the allegations after Health Canada notified the pot company of its discovery.

Robert Marcovitch would not address questions about who gave the direction to start cultivating pot in five rooms at its Pelham, Ont.-facility before receiving government approval as its internal investigation is ongoing.

"Clearly, during the course of the investigation, information came to us and brought the attention to a number of issues," he said in an interview. "And, without a doubt, led to the decision of the board to terminate the former CEO, with cause, and to demand the resignation of the board chair."

In the grand scheme of things, marijuana stocks have been serious moneymakers over the past three-plus years. Since 2014, global licensed-store cannabis sales have more than tripled, and worldwide growth prospects have allowed pot stocks to soar. In fact, some of the best-known cannabis stocks are up well over 1,000% since the beginning of 2016 .

It’s easy to look at the cannabis industry from a bullish perspective as demand grows and cannabis companies continue to expand globally. Today we will be looking at metric that can demonstrate if a company could be overvalued: the goodwill to net asset ratio. This ratio compares the goodwill on a company’s balance sheet to a company’s total assets. Goodwill is not necessarily bad, as it represents the premium over the estimated market value of the assets acquired when buying another company. A company expecting to generate significant cash flow from an acquisition may record high amounts of goodwill as they expect the premium they pay on the investment to be offset with returns.

Ahead of the lottery for the next round of retail cannabis stores in Ontario, Amherstburg council is putting some extra "teeth" into the town's cannabis retail bylaws.

Council unanimously passed a "cannabis retail nuisance bylaw" Monday night, which includes standards and protocols for any store that opens in the future.

The town doesn't have any pot shops yet -- administration says it's just trying to get ahead of the game.

That’s because earlier this month the provincial government announced it would issue another 50 licenses to any community that's opted in. 11 of those will go to the west region and that includes Amherstburg.

Forgive the pun, but the cannabis industry is truly budding before our eyes. According to a newly released report from Arcview Market Research and BDS Analytics, global pot industry sales more than tripled from $3.4 billion in 2014 to $10.9 billion by 2018, and they're poised to nearly quadruple to $40.6 billion by 2024. Mind you, this figure doesn't include pharmaceutical-based cannabinoid sales, or cannabidiol (CBD) sales from general retail stores.

Industry giant Canopy Growth had a sterling IPO back on April 4, 2014, when the shares of the company began trading on the Toronto’s Venture Exchange (TSXV). On the first day, the stock closed at $2.59. The hype over marijuana was not as puffed up as it is today.

On October 15, 2017, or two days before the Cannabis Act became law, the price soared to $73.75. Investors who’d bought shares on IPO date and unloaded the stock on this day realized 2,747.5% gain. That’s outrageous and over the top.

The B.C. SPCA is reminding dog owners who have cannabis in the house not to hesitate to get help if their furry friend accidentally ingests some of their supply.

Last week, an 11-week-old husky puppy named Bear was brought into the SPCA's Vancouver branch with some alarming symptoms of a THC overdose.

Branch manager Jodi Dunlop said it wasn't known how the dog ingested cannabis, but a toxicity test found high levels of THC in its little body.

"He seemed to be a bit tired for a puppy," said Dunlop, who noticed right away something was wrong, after the former owners surrendered the puppy last Monday.

Soon, the husky collapsed, and Dunlop contacted an emergency veterinarian.

It’s been a tough summer for the marijuana industry, with Horizons Medical Marijuana Life Sciences ETF falling 11.5% so far since June. Although the selloff in marijuana stocks as a whole has been pronounced, some have been hit harder than others, with CannTrust Holdings (TSX:TRST)(NYSE:CTST) down 57% year to date. Reasons given for the sector-wide selloff include disappointing earnings reports from major producers and increasing regulatory scrutiny on the industry.

If you are a buy-and-hold investor who thinks in decades, you need to look for a different type of company. That can mean looking past near-term losses to the long-term potential that a technology upstart like fast-growing Shopify (NYSE:SHOP) offers. Or the multiple ways that marijuana stock Canopy Growth (NYSE:CGC) has to reward investors willing to think long term. Or even examining a dividend growth story like the one offered by Hormel Foods (NYSE:HRL), which underpins over 50 years of success in the typically boring consumer goods space.