No doubt the industry is going into high-gear as the Canadian government finally releases it’s regulations for edible cannabis, cannabis extracts & cannabis topicals. Here’s the types of cannabis products and proposed regulations associated with each including Edible cannabis (eating or drinking), Cannabis extract (ingesting), Cannabis extract (inhaling) & Cannabis Topical (applying to skin, hair, nails). CBD and THC infused…
Toronto, Canada, March 5, 2019 – Namaste Technologies Inc. (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) confirmed today that PricewaterhouseCoopers, LLP will no longer be acting as the Company’s auditor. The Company’s audit committee and board have accepted PwC’s resignation and are in advanced discussions with potential successor auditors, one of whom is in the final stages of its client acceptance process.…
Appoints Meni Morim as Interim CEO TORONTO, Feb. 4, 2019 /CNW/ – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) announced today that, following a recent expression of interest in the Company, the Board of Directors of the Company (the “Board”) has launched a strategic review process to consider all value-maximizing alternatives. Namaste also announced that following an investigation…
By Tom Angell, Forbes Global health experts at the United Nations are recommending that marijuana and its key components be formally rescheduled under international drug treaties. The World Health Organization (WHO) is calling for whole-plant marijuana, as well as cannabis resin, to be removed from Schedule IV—the most restrictive category of a 1961 drug convention signed by countries from around the world. The…
by Eric Vengroff, Financial Analyst December 20, 2018 – Health Canada released its proposed regulations for cannabis products that currently are not available for sale in legal channels in Canada, namely edibles, extracts (inhaled or ingested), beverages, and topical creams or patches. The focus clearly appears to be on the THC content, and places conservative THC content limits on these…
The U.S. House passed passed an $867 billion farm bill to on Wednesday, to help those in the agricultural industry, sending the legislation to President Trump for a signature. The bill easily passed by a 369-47 vote after similarly passing by a margin of 87-13 in the Senate the day before. Complete details are covered below. https://thehill.com/homenews/house/420990-house-passes-867-billion-farm-bill-sending-it-to-trump Of key interest those in…
by Eric Vengroff, Financial Analyst Yesterday, the municipalities of Mississauga and Markham voted to prohibit the opening private cannabis retail stores. Mississauga city council voted 10-2 against and Markham city council voted 12-1 against. These votes, strong majorities, representing the apparent broad support from the constituent voters, may be a reaction to the sudden changes to the regulations regarding retail…
by Eric Vengroff, Financial Analyst As someone who attended York Mills Collegiate Institute in the 1970’s, it should suffice to say that I’ve had a deep appreciation for the entertainment and recreational value of cannabis for many years. The unmistakable perfume of Mexican whatever wafted through the halls and stairwells regularly. So admittedly, I have historically been a skeptic when…
By Brandon A. Dorfman, PotNetwork NOV 30, 2018 -The North American Marijuana Index dipped back downwards on Thursday as volatility in the cannabis stock market prevailed despite Congressional leaders coming together to hammer out the final details of a federal farm bill that includes hemp legalization. Senate Agriculture Chairman Pat Roberts told Politico that he hopes to bring the bill…
Tightly-regulated private cannabis retail store system will protect children and combat the illegal market PRESS RELEASE: November 14, 2018 5:30 P.M. Ministry of the Attorney General Today, Ontario’s Government for the People implemented the latest phase of its planned response to the federal government’s legalization of cannabis by passing strict new regulations to protect children and youth, keep communities and…
Sponsored O’Cannabiz Vancouver Introduces the First Annual O’Cannabiz BC Bud AwardsParq Vancouver Casino Resort, Vancouver – December 9 – 11, 2018 – TORONTO, November 7, 2018 – Canada is fast becoming the world’s leading cannabis market. Find out how we’ll retain the first-mover advantage at O’Cannabiz Conference and Expo Vancouver, the country’s leading-edge cannabis business conference taking place December 9 – 11, 2018 at the Parq Vancouver…
By Jeff Smith, Marijuana Business Daily U.S Attorney General Jeff Sessions, who less than a year ago stunned the marijuana industry by ripping up Obama-era protections for state-legal MJ businesses, has been forced out by President Trump. The development could ease industry concerns that the Department of Justice will unleash a crackdown on state-legal marijuana businesses – though much will…