Search: Canada

Alcanna Spin-Out Sets Out to Dominate Retail in Canada’s Cannabis Value Segment

Exclusive Interview with Nova Cannabis CEO Darren Karasiuk Cannabis has been a secondary focus for liquor retailer Alcanna (TSX: CLIQ) (OTC: LQSIF). But now, the company is spinning out its retail cannabis business and combining it with YSS Corp. (TSXV: YSS) (OTC: YSSCF) to form Nova Cannabis. The new cannabis retail business will focus on […] READ MORE: https://www.newcannabisventures.com/alcanna-spin-out-sets-out-to-dominate-retail-in-canadas-cannabis-value-segment/

Four cannabis executives listed in annual report of Canada’s top-paid CEOs

The latest report from the Canadian Centre for Policy Alternatives (CCPA), titled The Golden Cushion, lists Canada’s top-paid CEOs in 2019. On average, the top-100 CEOs made 202 times what the average Canadian worker earned. According to the report, the top-earning cannabis CEO in 2019 was Aphria’s Irwin D. Simon, who received more than $18 million in total compensation. Simon was…

Rubicon Organics Receives Sales Amendment from Health Canada

Rubicon Organics now able to sell LAB THEORY brand of concentrate products directly to provinces and distributors VANCOUVER, British Columbia, Jan. 14, 2021 (GLOBE NEWSWIRE) —  Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified and premium cannabis, today announced that it has received its Health Canada…

Health Canada Grants Selected Physicians Access to Psilocybin Mushrooms as Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Dives into Functional Mushroom Market

Health Canada recently granted psilocybin testing access to selected physicians Psilocybin mushrooms shown to help patients suffering from addiction, mental health issues Pure Extracts’ ’Pure Mushrooms’ and ‘Pure Pulls’ branded products expected to be available by end of Q1 2021 In a recent virtual townhall, Canadian Health Minister Patty Hajdu disclosed that the Canadian government has recently granted access to…

Heritage Cannabis Places First Order with IntelGenx for CBD Filmstrips in Canada and Australia

TORONTO–(BUSINESS WIRE)–Heritage Cannabis Places First Order with IntelGenx for CBD Filmstrips in Canada and Australia READ MORE: http://www.businesswire.com/news/home/20210107005259/en/Heritage-Cannabis-Places-First-Order-with-IntelGenx-for-CBD-Filmstrips-in-Canada-and-Australia/?feedref=JjAwJuNHiystnCoBq_hl-W8j9Oi60kFTomUxRDB8jhB7TDOU5CqE9t5WwBA1inzlrCOi9QzgjCezTS3Nw_X6kJUrpSBm-Hav1w-UkdSlG3kCXJZE-1b1nXn968wYfofVIbE9ZC1pD3bt6lQgRU5j6g==

Health Canada releases new data on cannabis use in Canada

The 2020 Canadian Cannabis Survey provides a snapshot of Canadians’ knowledge, attitudes and behaviours related to cannabis OTTAWA, ON, Dec. 21, 2020 /CNW/ – The Government of Canada has taken a public health approach to cannabis legalization and regulation, which includes collecting data on an ongoing basis to better understand how Canadians view and use cannabis. On October 17, 2018, the Cannabis Act came into force, providing a strict…

Cannabis in Canada: 2020 reflections and 2021 predictions

Canada celebrated the second anniversary of cannabis legalization this past October, and with it, the growing sophistication of the industry’s producers and its consumers. With any emerging industry comes the need for flexibility and adaptability — and this was needed even more so with the unexpected arrival of the COVID-19 pandemic in March. Industry players were required to stay lean,…

BevCanna Advances to Final Stage of Health Canada Standard Processing Licence

Receipt of the licence will allow the Company to begin production and distribution of cannabis-infused beverages in Canada December 22, 2020 03:15 AM Eastern Standard Time VANCOUVER, British Columbia–(BUSINESS WIRE)–Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) (“BevCanna” or the “Company”) is pleased to announce today that its application for a Standard Processing Licence has advanced…

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) Notes Appreciation for Health Canada Milestone Special Access Programme

Pure Extracts Technologies (CSE: PULL), a plant-based extraction company focused on cannabis, hemp and the rapidly emerging functional mushroom sector, has voiced its support and appreciation for Health Canada’s recently announced Special Access Programme (“SAP”) for psilocybin-assisted psychotherapy inclusion. The government entity recently announced its intent to revise the SAP and other related regulations to allow limited uses of psilocybin-assisted…

Creso’s Canadian subsidiary Mernova secures new purchase orders and expands into Canada’s largest recreational market

Three purchase orders received for a total value of C$275,023 (A$288,159) • POs received include a bulk purchase order from the Truro Cannabis Co., the maiden purchase order from the Yukon, and an additional purchase order from the NSLC.    Mernova will become one of a select group of licenced producers to have products available in the Yukon territory –…

CannabisNewsBreaks – Way2Grow (‘W2G’) Biopharma Company Secures Health Canada Approval for Standard Cultivation, Processing, Medical Sales

Way2Grow Nurseries (“Way2Grow” or “W2G”), a privately owned biopharma company, today announced its receipt of Health Canada’s approval for the standard cultivation, standard processing and sale for medical purposes under the Cannabis Regulations. According to the update, the licenses are effective as of Nov. 20, 2020. Valid for a three-year period, the terms of the licenses include approval of a…