New Brunswick

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Wed
23
May

“Smokes, let’s go!”: The Trailer Park Boys are finally creating a cannabis brand

With only months left before Canada officially opens its adult-use cannabis market, Julian, Ricky, and Bubbles are entering the legal ganja game — and you can frick off if you don’t like it!

"Trevor, Cory — smokes, let's go!"

The Trailer Park Boys are getting in the ganja game, and soon Ricky's famously demanding tagline will no longer refer to loose cigarettes, but instead expertly-packed pre-rolls sold legally across Canada.

Tue
22
May

Moncton-based Organigram hopes to take its cannabis business global

After getting licence to export medical cannabis, company plans 1st shipment to Australia.

Organigram, the Moncton-based medical cannabis company, is taking its business international, which could mean more jobs in New Brunswick down the road. 

The company has received a licence from Health Canada to export its products.

Organigram said it plans to send its first shipment to Australia next week.

It also recently signed a contract for an equity stake in a German medical cannabis company.

Ray Gracewood, chief commercial officer for Organigram, told Information Morning Moncton the international market presents a "massive" opportunity to grow the company.

Wed
16
May

Organigram unveils suite of recreational cannabis brands

Moncton-based medicinal cannabis producer Organigram announced three new brands for the adult recreational market on Tuesday.

Organigram’s recreational portfolio will be officially launched once adult use recreational cannabis is legal in Canada and includes the launch of The Edison Cannabis Company, ANKR Organics and Trailer Park Buds.

“Our recreational brand strategy incorporates the best of what we know about our current and potential customers, the industry and opportunities for growth, and the production of our premium products,” said Greg Engel, CEO of Organigram in a release. “The addition of each of these brands is the result of more than 18 months of research, development and teamwork to better understand our products and consumers.”

Thu
10
May

Moncton's Organigram invests $3.8-Million in German cannabis company

MONCTON – Medical marijuana producer Organigram Holdings is making it first foray into the international cannabis market, buying a 25 per cent stake in the German company Alpha-Cannabis Germany (ACG).

The company will spend approximately $2.5-million in cash and $1.3-million in shares for the stake. Once the deal is finalized, Organigram will provide Alpha-Cannabis with dried cannabis flower and sweet leaf to be converted into extracts meant to supply the German medical cannabis market.

Thu
26
Apr

OrganiGram is cheap compared to its pot peers, Canaccord Genuity says

With one of the lowest valuations among its cannabis peers, Moncton, New Brunswick’s OrganiGram Holdings (TSXV:OGI) should be a good pick up, says Matt Bottomley, analyst for Canaccord Genuity, who on Tuesday reiterated his “Speculative Buy” recommendation and $5.50 price target. On Tuesday, OrganiGram released its financial results for the three- and six-month periods ended February 28, 2018, posting gross sales of $3.2 million, an increase of 123 per cent over its fiscal second quarter of 2017.

Thu
26
Apr

Quebec wants to clarify its right to prevent home cultivation of cannabis

The Quebec government is calling on the Senate to amend the federal bill to legalize cannabis for recreational use to make it clear that provinces have the right to forbid home cultivation.

Quebec’s Minister Responsible for Canadian Relations, Jean-Marc Fournier, told a Senate committee Wednesday that his government wants all legal cannabis to be grown by federally licensed producers, at least in the initial stages of legalization.

Fri
20
Apr

Supreme Court's free-the-beer ruling sparks fears of cannabis trade restrictions

'What this ruling really is, is a missed opportunity to liberalize trade,' Calgary economist says

A Supreme Court of Canada ruling on interprovincial beer imports has sparked fears that provinces and territories will be free to impose restrictions on cannabis flowing over their borders at a time the industry is in its early stages of growth.

In its ruling on the so-called free-the-beer case, the top court said provinces and territories can restrict imports of goods, as long as their intent isn't to impede trade.

Despite that proviso, economists said there is enough wiggle room in the decision allowing provinces to impose restrictions on the legal trade of cannabis.

It has at least one local pot company worried.

Wed
28
Jun

New Brunswick Committee on Cannabis Will Hold Public Consultations in July

The legislature’s committee on marijuana legalization and regulation will hold public consultations across the province in July, the government announced Monday.

The committee made up of members of the government and opposition will use the report produced by the working group, which was released last week, as a guide for discussions with the public.

Here’s a list of the dates and locations of the hearings:

Wed
28
Jun

Health Canada Issues Medical Marijuana Cultivation Licence to Delta-Based Zenabis

Annacis Island will soon be home to much more than industrial sites and wastewater treatment plants. 

Zenabis West is the second company in the Lower Mainland to be issued a cultivation licence by Health Canada to produce medical cannabis, and will soon open its facility in the industrial area along the Fraser River.

The company, operated by International Herbs Medical Marijuana Ltd. (IHMML), has spent three years preparing, and is one of few in the country to be issued a licence on its first pre-licence inspection, according to a news release published earlier today.

Thu
22
Jun

NB to set legal marijuana age at 19, sale through crown corporation

An interim report released on Wednesday has outlined what the legalization of marijuana might look like in New Brunswick.

Recommendations include a minimum age of 19 to buy and possess marijuana, regulating and selling cannabis through a crown corporation and a personal possession limit of 30 grams.

“Your government is working to ensure a successful approach to the legalization of recreational cannabis by prioritizing public health and safety concerns while maximizing the economic opportunities presented by this emerging sector,” said Health Minister Victor Boudreau in a press release.

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