Marijuana Politics

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Mon
20
Jan

Major Canadian pot companies facing proposed class-action lawsuits in the U.S.

Some of Canada's biggest cannabis producers are facing proposed class-action lawsuits in the United States after investors were hit with steep financial losses in the stock market.

At least nine U.S. law firms are pursuing cases against Canopy Growth, Aurora Cannabis and Hexo Corp. in American courts.

Although the allegations vary, each pot producer is accused of misleading investors or failing to disclose certain problems with their businesses. When those problems became publicly known, the lawsuits claim, share prices plunged and investors were stuck with losses.

"[Investors] are mad; they were taken by surprise," said Reed Kathrein, a lawyer at Hagens Berman Sobol Shapiro LLP, which is pursuing claims against all three producers.

Fri
17
Jan

Did cannabis legalization kill B.C. bud?

There was a time when a pound of “B.C. bud” — high-quality cannabis grown in British Columbia — could go for USD$3000, hustled across the border by backpack-toting smugglers and delivered into the hands of “ganjapreneurs.” To some, these were the good ol’ days — before 9/11 changed border security; before the police caught on, and before legalization and corporate entities got into the game.

Those days are long gone, but the legacy of B.C. bud has endured. So much so that in December, B.C. Premier John Horgan lamented that the culture, created underground, had been negatively impacted by legalization.

Thu
16
Jan

Athletes Will Use CBD This Olympics And Here’s Why

Thanks to changes in WADA policies, Olympic athletes can use CBD legally for the first time.

A new champion will be crowned when the 2020 Summer Olympics debut in Tokyo. We’re not talking gold medals or world records, though. Instead, a new presence will be felt for the first time legally at the Olympics—cannabidiol, or CBD.

The World Anti-Doping Agency, an organization that monitors and fights against the use of drugs in the Olympics, announced in 2018 that CBD had been removed from its list of banned substances. Since the organization’s formation in 1999, all cannabinoids like CBD and THC had been banned for all Olympic athletes. The 2020 Olympics represents the first games in which athletes can legally use CBD without fear of consequence.

Thu
16
Jan

Why some British Columbians won't buy legal weed

At 5:30 p.m. on a rainy Tuesday night, The Dispensary — one of Vancouver’s oldest grey market cannabis stores — is doing booming business. Dozens of people stop in to pick up cannabis flower, edibles, and other cannabis products. Not one of their customers seem concerned that the store isn’t licensed by the provincial government.

After a lengthy wait, B.C. now has 134 licensed cannabis providers in operation. But many consumers are choosing to stay with unlicensed suppliers. Although more than 20 per cent of British Columbians have used a cannabis product in the past three months, according to Statistics Canada, sales per capita are the lowest in the country, averaging at just $10.

Thu
16
Jan

One of the most advanced tests for cannabis impairment is being developed in Toronto

There’s an old problem for law enforcement when it comes to cannabis, and that is trying to prove impairment definitively. A simple blood or breath test just doesn’t work like it does with alcohol. The problem is now being tackled with very new technology, including one of the most advanced driving simulators in the world — in downtown Toronto.

Tracy Milner is a former occupational therapist and co-founder and CEO of BrainFX, an Ontario-based company. It has developed a proprietary, tablet-based cognitive testing system, often used on patients with neurological problems to assess brain function and aid in rehabilitation. Milner realized the technology’s potential beyond health issues.

Wed
15
Jan

New Brunswick receives eight proposals to privatize cannabis sales

The New Brunswick government has received eight responses to a request for proposals for the operation, distribution and sales of recreational cannabis in the province.

The government issued the call for proposals in November, saying that losses incurred by Cannabis NB — the provincial cannabis corporation — persuaded the government it was time to turn to the private sector.

Finance Minister Ernie Steeves says the interest shows entrepreneurs are ready to invest in New Brunswick.

The province received two proposals each from companies or groups in New Brunswick, Ontario, and Alberta and one each from companies in Nova Scotia and British Columbia.

Tue
14
Jan

A guide to Quebec's unique, evolving cannabis laws

The government of Quebec is known for taking a unique approach to law-making, informed by French culture, history, sovereignty and language rights. Those laws can be confusing to outsiders who aren’t familiar with the territory – and cannabis regulation is no exception.

There’s no question that Quebecers love weed, but that appetite doesn’t seem congruent with the province’s legislation surrounding the drug. Just recently, legislators bumped the minimum age to buy cannabis from 18 to to 21 – the highest in the country.

Tue
14
Jan

Pot seizures jumped at U.S. border in the year after Canada legalized cannabis

Marijuana seizures at the U.S. border jumped in the year after Canada legalized recreational cannabis.

Figures provided by the U.S. Customs and Border Protection (CBP) show American officers seized 2,214 kg of marijuana from travellers entering the U.S. between Nov. 1, 2018 and Oct. 31, 2019, up from just 1,259 kg over the same period a year earlier.

That's an increase in volume of about 75 per cent.

The upswing was less significant in terms of the number of individual seizures recorded: 3,917 in the year after legalization, compared to 3,139 incidents the year before.

CPB spokesman Kris Grogan said he sees the increase as more of an "uptick" than a drastic spike.

Fri
10
Jan

Foreign assets could be next on the block for cash-hungry cannabis companies

Two years ago, Canadian cannabis companies were racing to scoop up international assets, from swaths of fertile land in southern Africa to cultivation licences in Jamaica and everything in between.

Now, with fears of a cash crunch looming over the industry, some of the same producers who spent tens of millions to build an international presence have started dialling back, putting projects on hold or divesting of their foreign operations altogether.

And it’s a trend that some pot analysts expect will only intensify over the next 12 months.

Fri
10
Jan

Calgary: Three people, companies face charges in connection with illegal cannabis operation

Three people and a trio of companies face charges in connection with the alleged operation of an illicit cannabis manufacture and online distribution network.

They’re the first charges laid against illegal online cannabis operators in Calgary since recreational legalization took effect in October 2018 and are being welcomed by those in the legal industry.

Calgary police say they were called to an apartment suite in the 1200 block of 17th Avenue S.W. in the early morning hours of Aug. 24, 2019, for reports of a break and enter.

Police say they located an illegal cannabis operation inside the apartment, but the renters or owners were not there, nor were they believed to be living at that location.

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