“We endeavour to farm as waste-free as possible. We don’t use sprays, no herbicides, no pesticides, no nothing. And it’s as organic as you can possibly get.” About eight years ago, with his first child on the way, Tanner Stewart got into agricultural farming. A serial entrepreneur, Stewart started his career in construction, but with the future heavy on…
Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced that its medical cannabis brand, Aphria, has launched CBN Night Oil, the brand’s first CBN oil medical product formulated for patients’ nighttime use. Blair MacNeil, President, Tilray Canada,…
After legalizing marijuana recreational use three and a half years ago, Canada became the first G7 and G20 country to take that step. Therefore, much of the understanding of the impact of currency devaluation on the economy of a country that chooses this path comes from the results shown by the Canadian experience. Deloitte Canada’s latest report states that from…
“[Regulators] missed the mark on consumption and that’s really showing up as an issue for tourism because tourism overlaps so intimately with spaces of social public consumption” Susan Dupej was at a crossroads as she neared the completion of her Ph.D. in Geography from York University in 2016. She knew she wanted to work in academia but she was unsure about…
A new report calls Canada’s excise tax regime “the greatest systemic threat” to cannabis producers, and builds on three years of market data to illustrate that under the current structure, craft cultivators that have put it all on the line to go legal may not be able to survive. In Canada, excise duties or “sin taxes” on cannabis are paid by producers,…
Good Day Iced Tea contains 5 milligrams of THC The Boston Beer Co. Inc. is launching a line of cannabis-infused iced teas under the brand TeaPot. TeaPot is the company’s first infused beverage offering and will launch in July in select Canadian provinces. The drink blends tea with specific cannabis strains to enhance specific times of the day. Its first release, Good…
The employee was originally terminated after consuming cannabis while attending a company training course. An employee with Nav Canada, which runs the air navigation system over Canada and part of the North Atlantic Ocean, has been placed on unpaid suspension for a year for violating the company’s drug policy, an Alberta arbitrator has ruled. The employee, who works in a…
There’s no respite for Aurora Cannabis investors! It has been a terrible year for growth investors. But for cannabis investors, it has been all the more awful, and there seems to be no respite! Once hot pot stock Aurora Cannabis (TSX:ACB)(NASDAQ:ACB) fell almost 45% last week. The stock has lost more than 80% since last year and 69% in 2022. The entire cannabis…
The bank always wins, and last week was no exception. Among the many quarterly earnings released by Canada’s major financial institutions, Scotiabank’s stood out for a 12 per cent profit increase compared with those in the same quarter a year earlier. Analysts found a bright spot in Scotiabank’s commercial lending programs, where loan balances grew 19 per cent in the…
Emerald Health Sciences sought an injunction against a shareholder who raised concerns about company ties to a major U.S. fraud investigation. A B.C. cannabis company has lost a court case against a disaffected shareholder, who claims he was “oppressed” to remain quiet about the firm’s connections to a major securities fraud scheme alleged in the United States. Emerald Health Sciences…
Cannabis Benchmarks analysis suggests Alberta has more than ‘optimal’ number From behind the counter of a northwest Calgary cannabis shop, Alex Macyszyn serves a handful of midday customers. He has plenty of company in his line of work: there are at least three other cannabis stores within a five-minute drive, and another one that recently closed down. “There’s way too…
Canada’s cannabis industry has a tax problem. While the industry may have been happy to accept an onerous excise tax regime in exchange for Canada’s legalizing recreational cannabis sales back in 2018, fast forward to today and those fees have become an anchor that has dragged down the country’s producers, both large and small, which have struggled to become profitable.…