Cannabis Wheaton Income Corp. (TSX.V:CBW) today announces that it has entered into an agreement with a syndicate of underwriters, led by BMO Capital Markets, pursuant to which the underwriters have agreed to buy on a bought deal basis, 71,500,000 units of the Company ("Units") at a price of C$1.40 per Unit (the "Offering"), representing aggregate gross proceeds to Cannabis Wheaton of approximately C$100 million.

Each Unit entitles the holder to acquire, for no additional consideration, one common share (“Common Share”) of Cannabis Wheaton and one-half of one common share purchase warrant (each whole common share purchase warrant a “Warrant”) of Cannabis Wheaton.

Alcohol-use policies will likely apply to marijuana but gauging impairment is tricky.

With recreational marijuana set to be the law of the land in just weeks, employers will have to develop human resource policies that recognize this significant shift, an HR professional says.

"They need to review their HR policies to prepare for this new challenge," Daniel Boucher told The Homestretch on Tuesday.

Boucher is the regulatory affairs and research director at Chartered Professionals in Human Resources of Alberta. He says there are three broad categories that will need to be updated.

"Fitness for duty, impairment and alcohol and drug policies," he said.

A large-scale East Ladner greenhouse sees big money in pot, even if it’s sold lower prices.

Health Canada this year gave the go-ahead for Emerald Health Therapeutics, a B.C.-based licensed producer of medical cannabis, to grow medical marijuana at the Village Farms greenhouse. The joint venture, called Pure Sunfarms, is planning to grow recreational cannabis in advance of its legalization later this year.

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In a news release this week, Village Farms’ CEO Michael DeGiglio calls cannabis production “truly transformational”.

The #FocusedOn campaign encourages youth to make positive and healthy lifestyle choices

The current approach to cannabis does not work. Canada has some of the highest rates of cannabis use in the world, especially among youth and young adults. That's why the Government of Canada introduced Bill C-45, the proposed Cannabis Act, to keep cannabis out of the hands of youth while keeping profits out of the hands of criminals and organized crime. As part of its public health approach to the legalization and strict regulation of cannabis, the Government has launched a robust public education campaign to inform Canadians, especially youth, about the health and safety facts of cannabis use.

From drug pooling to medical marijuana, plan sponsors have a number of issues to keep track of when it comes to their benefits plans. At the Face to Face Drug Plan Management forum in Vancouver this month, a panel of experts tackled some of the hot topics the industry is thinking about.

Pooling

One concern for sponsors and advisors is that pooling charges are increasing at a much faster pace than premiums.

With marijuana legalization approaching, the RCMP is rolling out a new introductory training course for police officers across the country.

The in-person training will inform officers about the symptoms of drug impairment on drivers, “with a special emphasis on cannabis,” and includes information on impaired driving laws. The RCMP said the curriculum was developed alongside other Canadian police services.

The program, called “Introduction to Drug-Impaired Driving” will be required for law enforcement officers in addition to the preexisting standard field sobriety test training. Canada Border Service Agency officers will also be receiving the training.

Spots in Olds College cannabis program snapped up in hours, with hundreds of jobs in Alberta beckoning.

Olds College’s new cannabis production program isn’t some half-baked idea — it’s high time.

“We’ve been offering horticulture programming for over 50 years, so it makes sense for this new facet of the horticulture industry to come our way for training,” said Debbie Thompson, the college’s vice-president academic and student experience.

“It’s a new industry that’s expanding, and people see this as an opportunity to get into that field. This is their first step.”

It used to be taboo.

Now, cannabis is poised to take 2018 by storm.

Only a few years ago, marijuana was seen as a ‘’gateway drug’’.

Flash forward to today: cannabis is a huge business, one that could be worth $25 billion in the U.S. alone by 2020, and analysts expect demand to skyrocket as new laws are passed and social attitudes change.

A new trend could be emerging in the cannabis industry. Nanotechnology is starting to attract the attention of the cannabis industry, especially when it comes to medical marijuana and cannabinoid pharmaceuticals.

What is Nanotechnology?

Despite the noise emanating from both the Senate and Jean-Marc Fournier, Quebec’s Minister for Canadian Relations, the current debate over whether federal or provincial law should decide if cannabis can be cultivated at home is misleading. Arguments against home growing for safety reasons are thinly veiled attempts at establishing and maintaining a government monopoly on cannabis sales.

While federal-provincial tussles are quintessentially Canadian, this debate masks the bigger issue: limiting citizens’ rights to grow recreational cannabis at home. This right should be upheld at all costs because it makes sense legally and economically.