Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Sun
14
Oct

What are the chances Canopy Growth Corp (TSX:WEED) is till Canada’s largest cannabis company 5 years from now?

Generally speaking, money tends to attract more money

The margin of safety that early “green rush” speculators were kind enough to afford Canopy Growth (TSX:WEED)(NYSE:CGC) has unquestionably helped the company to invest and develop industry-leading production facilities as well as its burgeoning online store Tweed Main Street.

That early mover advantage also probably helped make it the leading candidate as the “safe bet” when publicly traded companies — who have to answer to their shareholders on quarterly conference calls — decided that they were finally ready and willing to get in on the action.

Fri
12
Oct

8 Things you should never do after marijuana becomes legal in Canada

Despite the fast approach of cannabis legalization in Canada, laws surrounding the drug remain ambiguous.

October 17th will mark the beginning of a grand experiment. Canada is only the seocnd country and first major economy to legalize recreational use.

Consequently, the regulations, law enforcement tactics, and market predications that will soon come into force are largely untested. It can be difficult to know just what will and what will not be safe or legally admissable once marijuana becomes legal. To help you out, we've compiled this list of things you should never do after October 17th.

While some of these items will definitely land you in legal trouble, others are precautionary measures.

Fri
12
Oct

5 Burning cannabis questions answered for British Columbians

With October 17, 2018, just around the corner, many Canadians are counting down the days to legalization. It won't be long before we will be able to purchase legal, recreational cannabis for the first time.

But many of us are still asking some important, practical questions about how exactly that will happen.

This blog will attempt to address those burning questions and provide a little bit of clarity about what you can expect in British Columbia — and how you can purchase legal cannabis — on October 17, 2018.

Where will I be able to purchase legal, recreational cannabis?

Don't expect new cannabis stores to pop up overnight... or even within the year.

Fri
12
Oct

Robo pot: Aphria says automation key to low-cost cannabis production

On the eve of legalized recreational marijuana and concerns about supply shortage, one of Canada's largest producers believes automated machines will be the key to producing more cannabis. 

Leamington-based Aphria currently has supply agreements with every province and Yukon, boasting about plans to produce roughly 20,000 kilograms of marijuana a month by spring.

As they expand their footprint to 3 million square feet, they're constantly looking at automation to reduce costs and maintain quality, said co-founder John Cervini.

"It's what's made us the low-cost producer, helped us to maintain that low-cost producer status," he said during a recent tour of the facility. 

Fri
12
Oct

New Brunswick first Maritime province to set price for legal weed

Legal cannabis goes on sale next Wednesday and while New Brunswick has announced what its prices will be, Nova Scotia has not.  

Some Haligonians say they’re not in a rush to check out the NSLC cannabis outlets.

"I was actually thinking about checking this out depending on how crowded it is,” said Sheroz Kulkarni.“If there is a huge line up, obviously I'm gonna wait for a week.” Erica Baker doesn’t plan on making a special trip. “If I happen to be at the liquor store at some point, I might go look, but I don't think I’ll be rushing.”

For Maritimers who do go, it will be to government-run retail locations - or online.

Cannabis consumers must be 19 years of age or older and can only buy 30 grams of dried product at a time.

Fri
12
Oct

Canadian pot 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 to the U.S.

That statement sparked weeks of confusion and rumours that those tied to the cannabis industry could face lifetime bans from the U.S.

Fri
12
Oct

Despite legalization, cannabis remains prohibited for Canadian athletes

Canada's anti-doping watchdogs are warning athletes that while cannabis use will become legal for the average Canadian as of next weekend, a toke remains taboo for them.

CBD is the short form for "cannabidiol," a cannabis extract. But the Canadian Centre for Ethics in Sport (CCES) would rather athletes remember it as "Can Be Dangerous."

The message is part of a CCES social media campaign to alert athletes to potential pitfalls around the legalization of marijuana. The drug remains on the World Anti-Doping Agency's banned substance list, and Paul Melia, the president and CEO of the CCES, said that Canadian athletes need to remember that.

Fri
12
Oct

Nova Scotians lead the country in cannabis consumption, says StatsCan

While B.C. may be known for its production of bud, Nova Scotians lead the country in cannabis consumption among people 15 and older, according to Statistics Canada data released Thursday.

Smoking recreational cannabis will be legal in Canada for those 19 and older starting Wednesday though edible cannabis products will remain illegal for the time being.

According to the third-quarter findings for Statistics Canada's national cannabis survey, 23 per cent of Nova Scotia residents reported using cannabis, which was followed by B.C. at 20 per cent.

For the country as a whole, it worked out to 15 per cent of residents — or 4.6 million people.

Fri
12
Oct

Ontario's online weed store will ship with Canada Post with a $5 delivery fee

Starting a week today, people in Ontario will be able to legally buy marijuana at a government-run online store, with the product delivered to customers for a $5 delivery fee using Canada Post. 

Officials with the Ontario Cannabis Store (OCS) held a technical briefing with reporters today, less than a week before recreational cannabis use becomes legal in Canada on Wednesday. 

Visitors to the site must first enter their birth date to confirm they're older than 19. The age is then verified using identification upon delivery.

Fri
12
Oct

Patience paying dividends as Aphria Inc (TSE:APH) reportedly pursued by Altria

It appears the waiting game employed by Aphria Inc (TSE:APH) (OTCMKTS:APHQF) (FRA:10E) CEO Vic Neufeld may be paying dividends. Pressed by impatient investors to partner-up with any number of interested transnational conglomerates, Mr. Neufeld appears to be slow-playing his hand in an effort to obtain the best deal. It seems to be working.

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