During a news conference to unveil his signature deal, the chief executive of Aurora Cannabis Inc. was hailed as a “pioneer and visionary” by his executive team.

Yet, when he was asked a simple question by an analyst, to explain which metrics he used to value his $3.2-billion takeover of MedReleaf Corp., Terry Booth got a little tripped up.

“Metrics ...” he said, trailing off. After an awkward silence, he conjured up half an answer. “That’s our secret.”

But a Tlicho leader says elders need more details.

As cannabis becomes legalized, a community leader is calling for more public information in his Indigenous language.

In late April, Chief Clifford Daniels of Behchoko told CBC he wants to see information about the proposed cannabis laws in his community's language, Tlicho.

"We really need to inform the public. And it shouldn't be up to the community governments to pick up that cost," he said.

According to the Government of the Northwest Territories and Health Canada, communities like Daniels' will get what they need.

Audio recordings available

Telemedicine is revolutionizing the cannabis industry and as a result, companies like NamasteMD can provide patients more accessibility to medical cannabis than ever before. (123rf)

Canadian marijuana companies are on a hiring spree, looking to fill an array of roles as they gear up for the legalization of recreational cannabis later this year.

The workforce is booming, said Alison McMahon, who runs Cannabis At Work, a staffing agency focused on the burgeoning industry.

Right now, she's recruiting for positions in everything from growing and production to sales and marketing, all across the country.

I think that the people, at this point, who are looking at the industry and are excited really see the upside and the growth potential.

Emblem Corp. (TSXV: EMC) (TSXV: EMC.WT) ("Emblem" or the "Company") and Canntab Therapeutics Limited (CSE: PILL) ("Canntab") are pleased announce to receipt of Health Canada approval for research and development activities on oral sustained release formulations of cannabinoids (the "Sustained Release Product" or the "Product"), which are the proprietary products conceived by Canntab representing significant progress in Emblem and Canntab's partnership to develop long-acting cannabis formulations.

The cannabis stock market is growing at a very fast pace, which has been great for some investors who want this level of exposure to the market. One of the hidden secrets of the market is that there are very good investments to be made in the industry on ancillary markets dealing with the cannabis space.

The cannabis research firm ArcView has stated that the legal cannabis industry could potentially reach as much as 28% growth year on year through 2021. Between the next ten years, ArcView has stated that the market could potentially reach as much as $47 billion from where it currently stands at $9.7 billion. The sales have been difficult to ignore given how much they are increasing and how quickly as well.

Original plan included 10,000-square-foot mall.

What was going to be a strip mall in western P.E.I. is going to be a standalone store for the sale of marijuana.

The location for the store, on Main Street in O'Leary, was announced last month and has not changed.

"Our initial plan was we were pursuing constructing a mall in the town, a 10,000-square-foot mall," said Coun. Blake Adams, chair of the town council's development committee.

"We were planning on having the cannabis store as one of the tenants in that mall, which was a three-unit mall."

Significant economic impact

Directors refer draft policy back to staff for further discussions.

The Regional District of Nanaimo is establishing a policy for non-medical cannabis retail store licence applications.

When the federal government legalizes the recreational use of marijuana this summer, the regional district and other jurisdictions will be facing challenges in dealing with applications for legal sale of recreational marijuana.

When it becomes legal, the federal government will take sole responsibility on regulating the production of non-medical marijuana. In British Columbia, the wholesale distribution of recreational marijuana will be be processed only through the Liquor Distribution Board.

Some tips to help you get the most out of your weed and bring your cannabis costs down.

Whether you’re a medical or recreational cannabis user, things are getting pricey out there. A recent survey by Statistics Canada found Canadians on average pay less than $7 a gram for cannabis, but you’d be hard-pressed to find those kind of prices in storefront dispensaries in Toronto. It is far more likely to find strains that cost double that. 

The results of the Stats Can survey suggests most Canadians are still purchasing cannabis from the black market to save money.

Shortly after Prohibition ended, one of Ben Kovler’s ancestors invested $5,000 in a family of distillers led by James Beauregard Beam.

Kovler, 39, sees similarities between the liquor industry of the 1930s, when his great-grandfather Harry Blum helped build Jim Beam into one of the most recognizable bourbon brands, and today’s market for cannabis. With the end of what he calls “Prohibition 2.0,” Kovler is preparing to take Green Thumb Industries public in Canada.

GTI, a cultivator, processor and dispensary owner that operates in six U.S. states, plans to go public next month through a reverse merger with an already-listed Canadian company, Kovler, the firm’s founder and chairman, said in an interview. He’s also the biggest shareholder.