Canada becomes first industrialised nation to legalise cannabis

By Chris Wattie and Nichola Saminather ST JOHN’S, Newfoundland/TORONTO (Reuters) – Canada became the first industrialised nation to legalise recreational cannabis on Wednesday, but a lawful buzz will be hard to come by in its biggest cities like Toronto and Vancouver, which will have no stores open. Weed enthusiasts in […]

CBP Statement on Canada’s Legalization of Marijuana and Crossing the Border

Release Date: September 21, 2018 UPDATED: 10/09/2018 U.S. Customs and Border Protection enforces the laws of the United States and U.S. laws will not change following Canada’s legalization of marijuana. Requirements for international travelers wishing to enter the United States are governed by and conducted in accordance with U.S. Federal […]

Rumors of a Crop Failure at Canopy’s Aldergrove, BC Facility

A 2-second video clip of a greenhouse containing what appears to be brown and dead cannabis plants has the internet trading rumors about a crop failure at a facility belonging to Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC).   Brandon A. Dorfman of Potnetwork reported today that Canopy suffered a “total crop failure” […]

Aphria Signs Supply Agreements with all Provinces and Yukon

LEAMINGTON, ON , Sept. 20, 2018 /CNW/ – Aphria Inc. (“Aphria” or the “Company”) (TSX: APH and US OTC: APHQF) today announced they have signed supply agreements with official distributors in all ten provinces and one territory to provide high-quality, branded cannabis products for the adult-use market across the country […]

Organigram invests in Hyasynth Biologicals Inc.

MONCTON, NB , Sept. 13, 2018 /CNW/ – Organigram Holdings Inc. (TSX VENTURE: OGI) (OGRMF), the parent company of Organigram Inc. (the “Company” or “Organigram“), a leading licensed producer of medical marijuana, is pleased to announce the closing of its strategic investment in convertible secured debentures (the “Debentures“), to be purchased […]

The OCS Announces its Suppliers

The Ontario Cannabis Store, announced that it has entered into supply agreements with 26 licensed producers to make sure they are ready to ship by October 17, 2018. The OCS online channel will include a verification system that will ensure safe at-home delivery for cannabis products. “These agreements are a […]

Weed’s Big Day

Cannabis stocks on the TSX were generally up an from about 5% to as much as 17% on Monday and many are continuing their run this morning.   Some of the movement may have been attributed to anticipated announcements of supply contracts with the Ontario Cannabis Store (OCS) today. Canopy Growth […]

Has Canadian Marijuana Officially Bypassed Mainstream and Gone Corporate?

By Eric Vengroff, Financial Analyst, Cannabis Daily Aug 2, 2018 –  The recent announcements a day apart by Manulife (TSX/NYSE/PSE: MFC SEHK: 945), Molson Coors Brewing Company (NYSE: TAP; TSX: TPX), and The Hydropothecary Corporation (“HEXO”) (TSX: HEXO), add continued fuel to the Canadian cannabis arms race and show conclusively […]

Aurora Cannabis and MedReleaf Close the World’s Largest Cannabis Industry Transaction

Creating a Global Industry Leader Positioned for Long-Term, Accelerated Growth EDMONTON , July 25, 2018 /CNW/ – Aurora Cannabis Inc. (“Aurora”) (ACB.TO) (ACBFF) ( Frankfurt : 21P; WKN: A1C4WM) and MedReleaf Corp. (“MedReleaf”) (LEAF.TO) today announced the closing of the previously announced arrangement agreement (the “Arrangement Agreement”). Under the terms […]

British Columbia’s Liquor Board Announces the Province’s 31 Bud Suppliers

By Eric Vengroff, Financial Analyst, Cannabis Daily Last Wednesday, British Columbia’s Liquor Distribution Branch (LDB) announced that it had signed memorandums of understanding with 31 licensed producers of non-medical cannabis “to form an extensive and competitive wholesale product assortment”. This will include over 150 strains, ranging in quality, from value […]

Canopy Growth Moves to Acquire Hiku Brands Company

By Adam Jones, Jul 11, 2018,  Market Realist Another acquisition On July 10, Canopy Growth (WEED) (CGC) announced that it had entered an agreement to acquire Hiku Brands Company (HIKU). According to the press release, Canopy Growth paid a ~33% premium above Hiku Brands’ 20-day VWAP (volume weighted average price) […]

Canada to legalise smoking pot: Can these stocks smoke the ASX?

By Rhys Brock – With Canada finally set to enact legislation to legalise the sale and consumption of recreational cannabis in a matter of months, investor attention might soon return to the marijuana industry. How are the established local players positioning themselves to take advantage of what could be a new period […]