A Senate committee has passed more than two dozen amendments to the federal government’s cannabis legalization bill, including one that would allow provinces and territories to ban home-grown marijuana.

But the social affairs committee has refused to accept an amendment that would have prohibited home cultivation outright.

Bill C-45 would allow individuals to grow up to five plants in a single dwelling.

But Quebec and Manitoba have decided to prohibit home cultivation, setting up future legal challenges in which Justice Minister Jody Wilson-Raybould has said the federal legislation would prevail.

Resolution asks for even playing field for small micro growers.

The B.C. Chamber of Commerce has debated and passed a motion brought forward by the Kimberley Chamber of Commerce and the Columbia Valley Chamber of Commerce relating to the cannabis industry .

It reads; “The BC Chamber recommends that the provincial government:

1. Take measures to protect the interests of existing cannabis businesses by providing market access to micro license applicants.

Whitecourt Town council discussed land-use regulations regarding cannabis legalization during its policies and priorities meeting on May 22.

Council voted 5-1 to proceed with the recommendations to add the word “cannabis” for Retail – General and Retail – Hilltop Commercial in the land-use bylaw. The Town will also be hosting a public hearing for these specific changes.

The meeting dealt with cannabis regulations for retail, production facilities and medical offices. Council will address public consumption at a later date.

Retail

Investors continue to be transfixed by Canada’s marijuana sector, even as names like Canopy Growth (TSX:WEED, NYSE:CGC) and Aurora Cannabis (TSX:ACB) remain well off their record highs set back in January.

And while rec pot’s legalization may be just around the corner, there are still too many unknowns, says David Cockfield, Managing Director at Northland Wealth Management, who claims that the smart investor should resist temptation and stay clear of the still-evolving space.

Thousands of cannabis industry professionals, investors and consumers descended on Toronto this past weekend for the third annual Lift & Co. Cannabis Expo.

The Lift & Co. Toronto Expo is Canada’s biggest and best-attended cannabis industry tradeshow, catering to patients, consumers, industry professionals, investors and media. The energy at this year’s event was particularly high as we are mere weeks from the Canadian government’s promised country-wide legalization. Matei Olaru, CEO of Lift & Co. said they expected over 15,000 people to walk through the doors of the convention center to attend the expo.

All eyes are on Canada as the country is hopefully set to legalize recreational marijuana in all territories on this summer, which has some investors hoping for another run on pot stock prices.

The City of Winkler is enacting a public smoking ban that includes vaping and marijuana and includes restaurant patios.

The by-law bans smoking or vaping in any outdoor seating area and indoor public places, including within 15 meters outside of any doorway or window of a municipal public building. Smoking is also banned within the boundaries of the Winkler Aquatic Centre.

However, Cannabis is also not permitted in any indoor or outdoor public space in Winkler, "so we're ready when Cannabis becomes legal," Mayor Martin Harder says.

He notes a specific Cannabis by-law will be created in the future as well, "a similar guide to what we have for alcohol consumption... it's not for public consumption, it's for private homes."

Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED, NYSE: CGC) is pleased to announce that Dr. Mark Ware, a leading researcher in the cannabis field for decades, will join the senior leadership team at Canopy Growth as the Company's Chief Medical Officer commencing July 1st, 2018.

Government has yet to release price of recreational marijuana, or where it will buy it from.

With marijuana expected to become legal soon in Canada, the Northwest Territories will attempt to pass its law legalizing the drug.

The territory's MLAs will debate and vote on the Cannabis Legalization and Regulation Implementation Act this week before the Legislative Assembly breaks for the summer, when the federal government's legislation is expected to take effect.

Before the vote happens, regular MLAs will present amendments to the government's initial proposal announced last November.

Investing in the marijuana industry can have intoxicating effects. Unless you’re an experienced trader or speculator who’s only investing money they’re willing to part with, you’ll likely go through an emotional rollercoaster ride the moment you purchase a considerable amount of shares for your portfolio. The staggering amounts of volatility that pot stocks exhibit will probably either cause you to either be in a state of euphoria or a state of panic depending on the short-term movements of day-to-day stock price movements. The magnitude of the up or down movements are ridiculously high; as such, it shouldn’t come as a…

Investing in the marijuana industry can have intoxicating effects.