Most marijuana stocks are down to start 2018 — ironically, the year expected to make recreational pot legal across Canada. Contrary to the “euphoria” that had taken over cannabis investors towards the end of 2017, it seems that there have been a couple of hiccups along the way and still a few wrinkles that need to be ironed out. Legalization date has been pushed back Throughout the current journey towards the legalization of marijuana for recreational purposes in Canada, Prime Minister Justin Trudeau has been guiding the public towards an effective date of July 1, which also happens to…

Most marijuana stocks are down to start 2018 — ironically, the year expected to make recreational pot legal across Canada.

INDIVA Acquires Approximately 5% of Bhang Corporation.

INDIVA Limited (the "Company" or "INDIVA") (TSX-V:NDVA) is pleased to announce a 50/50 joint venture with, and a USD $1 million investment into, Bhang Corporation ("Bhang"), an award-winning licensor of cannabis and CBD edibles and concentrates. The joint venture (the "JV"), which is managed by INDIVA, has exclusive rights to manufacture and sell Bhang products in Canada and the right to export those products internationally.

"The reasons we set the minimum age of 18 are because we recognize that Canadian youth between the ages of 15 and 24 are among the highest users of cannabis in all developed countries. So we recognized that if we went with a higher age for a minimum age, we would not divert them from getting out of the black market. We wanted to make sure we did all we could because we want to prevent that from happening." — Health Minister Ginette Petitpas Taylor, March 28, Senate social affairs committee

The Liberals campaigned on a promise to legalize — as well as regulate and restrict — marijuana for recreational use, arguing the existing regime was doing little to keep it out of the hands of young people.

Delta 9 Cannabis Inc. (TSXV:NINE) ("Delta 9" or the "Company") is pleased to announce that it has entered into a limited partnership agreement with Westleaf Cannabis Inc. ("Westleaf") and Delta West Inc. for the joint development of a large-scale cannabis production facility located in Southern Alberta (the "Project"). The entering into of a non-binding letter of intent in connection with the Project was previously announced by the Company on January 24, 2018. Delta West Inc. acts as general partner of the limited partnership formed by Delta 9 and Westleaf.

Cost estimates were based on data from the Federation of Canadian Municipalities.

Ontario consumers may be paying $10 a gram for marijuana when it becomes legal later this year, but Waterloo Regional Police say new legislation will cost them much more. 

Based on Federation of Canadian Municipality estimates, the service expects to pay anywhere between $2.63 million and $3.79 million when marijuana becomes legal.

"We were looking at resource hours to train all the new officers in the legislation, resource hours to train in the new roadside device when it's approved, the impact on investigations related to  illegal dispensaries," Larkin told CBC News.

An Ottawa-based cannabis company has decided to take over a major California producer.

CannaRoyalty announced that it's buying FloraCal Farms in a cash and share swap.

FloraCal has a 15,000-square-foot facility in Sonoma County that produces plants in small batches. It claims that it generates an average selling price of more than US$17 per gram.

According to a joint news release, FloraCal is a sustainable producer relying 100 percent on renewable energy to produce seven cannabis flowers, rosin, and packaged pre-rolls.

The company has declared that it can achieve 28 percent to 32 percent THC content in its plants.

It generated US$6.4 million in revenue in the last fiscal year.

'Certainly there is a bit of a taboo and a stigma attached to it'.

As Canada gets ready to legalize marijuana, the head of a B.C. immigrant social services organization says she's keeping a close eye on new legislation from all levels of government.

Queenie Choo, CEO of United Chinese Community Enrichment Services Society (SUCCESS), says her organization is reviewing its employee policies around recreational marijuana use in the workplace ahead of the legalization. 

Aphria revenues double, year-over-year, thanks to Broken Coast acquisition and new patients.

Aphria Inc.’s third-quarter income nearly tripled year-over-year, in a busy three months that saw the cannabis company begin to sell its U.S. assets and acquire smaller licensed producer Broken Coast Cannabis Inc.

On Monday, the Leamington, Ont.-based medical marijuana grower announced third quarter net income of $12.95 million or 8 cents a share, compared with $4.95 million or 4 cents a share the year before. The increase was due, in large part, to a $26.3 million gain realized on the sale of Liberty Health Science Inc. shares.

Canopy Growth Corporation’s President, Mark Zekulin along with President of Niagara College Canada, Dan Patterson, announced Tuesday their new partnership to provide experiential learning opportunities to students and graduates interested in pursuing careers in Canada’s flourishing legal cannabis industry.

The announcement took place at Canopy Growth’s Tweed Farms facility, located in the heart of South Western Ontario’s Wine Country, Niagara-on-the-Lake (NOTL), a less than ten minute drive from the college campus.

While alcohol is one of America’s favorite inebriating substances, it also puts users at a greater risk for dementia, according to a new study from the Centre for Addiction and Mental Health.

In the report, researchers said that alcohol was one of the most preventable risk factors in the development of nearly every type of dementia, including early onset. The consensus is that tens of thousands of people every year could be saved from this deadly disease if they could just find a way to curb their booze consumption.