Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Mon
10
Sep

Marijuana Stocks: Is it Risky to Buy Canopy Growth (TSX:WEED) Stock Now?

There is no dearth of good news for marijuana producers these days. Look at the stock price of Canopy Growth  (TSX:WEED)(NYSE:CGC), the world’s largest cannabis company. It has almost doubled during the past three weeks, reflecting positive momentum that doesn’t seem to be slowing down anytime soon.

After such a massive rally, the biggest question for growth-seeking investors is whether they should buy marijuana stocks now or wait until these pot producers show some positive earnings. Let’s see if Canopy Growth stock is still a buy after surging more than 100% since August 14.

Mon
10
Sep

Cannabis PhD takes higher education to a new level

Deron Caplan’s brain has been hooked on pot for years.

And for the casual, infrequent marijuana user, it’s paid off in Canada’s first PhD in cannabis production.

“It (cannabis) is not really a big part of my life outside of the science,” says Caplan, who earned his doctoral degree from the University of Guelph in late August.

“There is a need for the science and there is a market and there are people that are growing it and they are going to have to grow it safely and make money ... and they can’t just make it all up themselves.”

Mon
10
Sep

Ontario won’t work with illegal pot shops

The operators of illegal pot stores may be in for a rude awakening if they hope to transition into legitimate businesses after cannabis is legalized.

Ontario Finance Minister Vic Fedeli has warned the province won't "want to do business with people running an illegal business" when marijuana becomes legal on Oct. 17.

And even former storefront vendors who bailed out of the unlawful trade could be blacklisted.

Ontario is still conducting public and community consultation regarding the framework for its private retail stores.

Mon
10
Sep

3 Fastest-Growing Marijuana Markets -- and the Top Stocks Poised to Profit From Them

Marijuana markets across the world are set to grow by dizzying levels over the next few years. But where in the world will the fastest growth be?

Fortunately, the cannabis industry analysts at Arcview Market Research and BDS Analytics joined forces to answer this question (and plenty more) in the recently published book The State of Legal Marijuana Markets, 6th Edition. Arcview and BDS Analysts developed a cannabis market model that spanned the globe, estimating marijuana sales in 2017 and projecting what sales will be in 2022.

Mon
10
Sep

Number of cannabis prescribing physicians flatlines in Alberta as drug grows in popularity, new stats show

The number of Albertans receiving prescriptions for medical cannabis continues to grow by leaps and bounds, new statistics show, but the number of physicians prescribing it has flatlined.

In 2017, 25,766 Alberta patients received a medical cannabis prescription, statistics released this week by the College of Physicians and Surgeons of Alberta (CPSA) show.

That represents a 50 per cent increase over 2016, when 17,195 Albertans received a prescription for some form of the drug.

During that same time period, though, the number of physicians prescribing medical cannabis dropped to 357 from 358.

Fri
07
Sep

Edmonton pot grower teams with University of Alberta to turn waste into energy

EDMONTON—An Edmonton-based cannabis company is partnering with the University of Alberta to make the green stuff even greener.

Atlas Growers announced the Cannabis Waste Project partnership Wednesday, which will develop strategies for the on-site treatment and handling of cannabis waste that could convert it into electricity.

The project will also explore solutions to responsible water management practices in cannabis production.

“Take the buds off, you’re left with a bunch of different fibre there, what are you going to do with it?” said Jim Hole, VP of cultivation with Atlas.

Fri
07
Sep

What will the cannabis market look like in Ontario?

annabis is moving from the back alley to Main Street, and this will have profound implications for Ontario’s economy. The fact that the sale and purchase of recreational cannabis has been illegal before now complicates our ability to estimate demand, prices and government revenues from legalization. Still, we can look at other jurisdictions to estimate the future size of Ontario’s cannabis industry, and it’s not too early to assess the regulatory and market structure proposed by the Ford government.

Fri
07
Sep

Aurora Cannabis receives production license for Quebec facility, oils production license for subsidiary MedReleaf

Aurora Cannabis Inc (TSX: ACB, OTCQB: ACBFF) is upping its production capacity ahead of Canadian legalization in October.

The cannabis company has received a production license from Health Canada for its Aurora Eau facility in Lachute, Quebec.

The 48,000 square foot indoor-grow facility has a production capacity of 4,500 kg per year and sits on 46 acres of land, which Aurora has the right to purchase for US$136,000 for future expansion purposes.

Fri
07
Sep

The Inside Scoop on Supreme Cannabis Company Inc

Supreme Cannabis Company Inc (OTCMKTS: SPRWF) made a big move up during the move of August along with the rest of the cannabis market. Supreme Cannabis is one of the most exciting companies in the cannabis space which has been on a tear as we near October 17.

Cannabis stocks are booming and have easily outpaced the broader markets this year and for good reason; the recreational cannabis market is projected to expand at a compound annual growth rate of 19.75% over the next decade, easily making it among the fastest growing areas of the global economy by a wide margin. Legal marijuana sales are expected to grow to more than $20 billion by 2022 according to Marijuana Business Daily. As October 17 looms closer Canadian MJ stocks have been heating up big time.

Fri
07
Sep

Council green lights Marystown cannabis retail shop

Marystown town council approved an application by Taylor Giovannini, co-founder and CEO of Oceanic Releaf, for a retail cannabis store.

The location at 209-213 Unit #2 Ville Marie Drive is the former home of Island Escape, also previously Brews and Views.

Giovannini addressed members of council during a regular meeting held on Tuesday, Sept. 4. Two days later, she told The Southern Gazette it was a very positive meeting.

“The purpose of me being there was to explain … how we plan to deliver the retail experience in Marystown,” said Giovannini.

She added that the retail location primary focus is on educating consumers about cannabis, cannabis use and just how to have conversations about cannabis usage.

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