Last week police arrested Marc Emery for the 30th time. It is believed this is the first time he's been arrested since police in Montreal picked him up in December, but it's tough to keep track. Police also raided Cannabis Culture dispensaries owned by him and his partner Jodie in Toronto, Vancouver and Hamilton. Emery faces 15 charges relating to distributing marijuana, and Jodie Emery has been charged with five such offences.

Canopy Growth Corporation is being added to the influential S&P/TSX Composite Index in another milestone for Canada’s fledgling marijuana industry.

The cannabis producer will be added to the index’s health-care sector prior to the start of trading on March 20, S&P Dow Jones Indices said late on Friday. It said it will be the first marijuana company to join the index.

Big institutional investors and index funds use the index to guide buying decisions, so being included can lead to more demand for a stock. Canopy shares were up 2.2 per cent at $11.07 late on Monday.

The business empire built by Canada’s “Prince and Princess of Pot” is on the verge of collapse.

Marc and Jodie Emery have been ordered to cease operating their Cannabis Culture dispensary business after they were arrested Wednesday at Pearson Airport while on their way catch a flight to Barcelona, Jodie said Saturday in a phone call from Toronto.

Emery said they were taken into custody by plainclothes officers as they exited an Uber vehicle and were later strip-searched and detained. She described their treatment by police as “disturbing and shocking” and said they were only permitted to speak with lawyers hours after the arrest.

The City of Edmonton is gearing up for the eventual legalization and regulation of marijuana.

City staff prepared draft amendments to several bylaws in anticipation of the federal Liberals introducing legislation later this year.

In a report headed to Executive Committee, city staff say bylaws will need to be altered to address nuisance factors such as odour, safety and security as it relates to minors and land use issues such as increased traffic.

Emblem Corp. (TSX VENTURE:EMC) ("Emblem" or the "Company") is pleased to announce that it has retained the consulting services of Nate Nienhuis for its Canadian cannabis operations.

"This is a major development for our Company," said Gordon Fox, CEO of Emblem. "Mr. Nienhuis is recognized throughout North America as one of the pre-eminent experts in cannabis horticulture and cannabis extraction. He is also an engineer and has consulted extensively on environmental systems, lighting systems and building envelope design for closed-box cannabis production facilities. He has the exact skills that Emblem needs to design and operate the facilities that will fulfill our mandate of producing the highest quality cannabis products for the Canadian market."

On the last day of February, as valuations were looking frothy, we sounded the alarm on Canadian cannabis stocks and decreased our leverage to the sector.

Although this decision did not initially sit well with Technical420 Premium Members, those who listened were quite pleased. As we did not completely exit the Canadian cannabis sector, we were able to realize gains on our largest holdings (Aphria, Canopy, OrganiGram and Aurora). 

When this decision was announced, we highlighted our intention to re-invest in these companies and explained that these moves were part of our overall investing strategy (i.e. accepting gains over 100% or greater).

Aurora Cannabis Inc. (TSXV:ACB) is in the news again this week after announcing that it is acquiring Peloton Pharmaceuticals Inc., a distressed privately held cannabis firm which is currently under bankruptcy protection, for $7,000,000 in cash and stock. With the news, Aurora Cannabis stock is down 7% on close of trade on Tuesday, March 7.

Police struck at the heart of a large Canadian chain of illegal marijuana shops Thursday, raiding Cannabis Culture locations in Ottawa and three other cities.

And it wasn’t just store clerks who were caught up in the sweep. Marc and Jodie Emery, known as Canada’s Prince and Princess of Pot, were arrested at the Toronto airport Wednesday night on the eve of the raids.

The Emerys created Cannabis Culture and have been opening franchises across the country. Now they are in a Toronto jail, facing charges of conspiracy, trafficking and possessing the proceeds of crime. They were to appear for a bail hearing Friday.

Ottawa Police conducted a raid Thursday morning at the Cannabis Culture marijuana dispensary on Bank Street.

About a half dozen police officers were seen in the store when the raid began at about 11 a.m.

The Ottawa store is owned by the so called 'Prince of Pot' Marc Emery. The Ottawa raid comes just hours after Marc and his wife Jodie were arrested in Toronto.

TORONTO -- Prominent marijuana activists Marc and Jodie Emery were charged with multiple drug-related offences in Toronto on Thursday after police in several cities raided pot dispensaries associated with the couple.

The largest association of medical-marijuana companies in Canada has agreed to implement new standards on product safety and transparency, after a series of recalls due to banned pesticides that have shaken consumer confidence in the industry.

Directors of the Cannabis Canada Association, which represents 15 federally licensed medical-marijuana companies – including several of the country’s biggest – voted unanimously in favour of the new health and safety standards at a board meeting Thursday.

The stricter measures include independent lab testing for banned pesticides, bacteria, mould, heavy metals and other contaminants, and – most importantly – disclosing those results to consumers.