Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Wed
20
Jan

What pot products are Canadians buying when it comes to wellness?

Stuart Ryan is the Director of Training and Recruitment at Dutch Love Cannabis, a Canadian collection of 19 privately-owned retail cannabis stores with locations in B.C., Ontario, and Alberta. Stu is passionate about philanthropy, social responsibility and promoting sustainable practices to reduce the carbon footprint of the industry and producers.

In today’s section, he suggests how to go about making a purchase that’s right for you.

Tue
19
Jan

Give Canadian cannabis producers more packaging and labelling flexibility

While efforts to legalize recreational cannabis nationally have stalled in the United StatesNew  ZealandMexico and Israel, Canada’s legal market continues to evolve.

Mon
18
Jan

OPP's enforcement team tackles illegal cannabis market

In the last two years, members of the Ontario Provincial Police (OPP) Provincial Joint Forces Cannabis Enforcement Team (PJFCET) have tackled illegal cannabis production, sale and distribution enterprises across Ontario.

The PJFCET is responsible for enforcing the cannabis laws and investigating criminal enterprises that exploit or abuse the legal cannabis market and consists of members from OPP, Kingston Police Service, Hamilton Police Service, Barrie Police Service, Waterloo Regional Police Service, Sarnia Police Service, Windsor Police Service, London Police Service and Niagara Regional Police Service.

Mon
18
Jan

Which Is The Top Canadian Marijuana Stock To Buy? Aphria Vs Canopy

January Shows Momentum For Canadian Cannabis Stocks

The month of January has given substantial gains to marijuana stocks mid-way through the month. As it stands the most gains have been seen in Canadian cannabis stocks to watch like Aurora Cannabis Inc. (NASDAQ: ACB). In fact, ACB stock is up over 44% since the start of 2021. This is due to investor belief that federal reform is highly likely to occur sometime this year.

Fri
15
Jan

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.

Fri
15
Jan

2 Top Canadian Marijuana Stocks To Watch Right Now

A January Rally For Top Marijuana Stocks

Thu
14
Jan

Molson aims to create mass CBD drink brand with Veryvell

Move over, Miller -- it’s CBD time.

Molson Coors Beverage Co., the beer maker better known for popular brands like Coors and Miller High Life, has a new candidate for a big-time brand. But the drink, known as Veryvell, contains CBD instead of alcohol.

Pete Marino, president of the emerging growth division for Molson Coors, said in a phone interview that the company seeks to create a new mega-brand within three years. Veryvell is one of the non-alcoholic candidates from the division, which has already produced La Colombe coffee drinks and ZOA Energy drinks.

Thu
14
Jan

Aphria's Canadian pot sales rise in Q2 despite escalating costs

Aphria Inc. reported better-than-expected second-quarter results Thursday as the pot giant’s sales continued to grow in the competitive Canadian cannabis market. 

The Leamington, Ont.-based company said it made $160.5 million in revenue, a 33-per-cent increase from the same period a year earlier. The company also posted $12.6 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), marking a sizeable increase from the $1.9 million reported last year. 

Aphria reported a net loss of $120.6 million in the second quarter, which it attributed to rising general costs, an increase in share-based compensation, as well as expenses related to its acquisition of U.S. craft brewer Sweetwater Brewing Co. in November. 

Mon
11
Jan

How has the coronavirus pandemic impacted cannabis use in Canada?

Rubicon Organics Inc., which runs a 125,000-square-foot greenhouse cannabis greenhouse facility on 104th Street in East Ladner, this week announced it has received its first purchase order from the Société québécoise du cannabis to sell a cannabis brand exclusively for Quebec.

The brand will include both flower and hash.

Rubicon earlier said it was already ramping up production capacity to 11,000 kilograms per year of organic certified and environmentally sustainable cannabis.

The company last summer announced it received approval from Health Canada for certain site amendments.

 

The amendments address the expansion of the licensed area to include an 11-acre outdoor grow site on Rubicon’s 20-acre property in Delta.

Mon
11
Jan

Canopy Growth CEO Says It Will Directly Enter U.S. Market Within a Year

Canadian marijuana company Canopy Growth (NASDAQ:CGC) will be directly active in the U.S. market inside of a year. That's according to CEO David Klein, who is banking on the environment for cannabis businesses in the U.S. to improve markedly in the proximate future.

"What we really need is some combination of SAFE Banking, a revised Cole memorandum, and a reclassification by the executive branch, all of which ... probably happens in the next six to eight months anyway," he said in an interview Friday with Canadian business news organization BNN Bloomberg.

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