Marijuana Politics

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Fri
19
Oct

Reality bites? Canopy Growth Corp (TSX:WEED) is among Canadian marijuana stocks to feel pressure after legalization

Canopy Growth (TSX:WEED)(NYSE:CGC) was down 6.85%, Aurora Cannabis (TSX:ACB) was down 7.23%, and Aphria (TSX:APH) was down 6.08% on the day before legalization.

At the time of writing, it is the day of legalization — the day this massive market is officially opened and when the sale of marijuana begins to be taken away from the black market.

As a reflection of the volatility and the risk that is still inherent in marijuana stocks, let’s look at what is happening in the market.

Fri
19
Oct

10 things that are still illegal after pot legalization

As the high from Wednesday’s historic cannabis legalization wears off, there are a few legal footnotes worth taking note of before lighting up again.Despite being allowed to use or even grow marijuana, Canadians can still be charged if they’re caught breaking a number of important laws accompanying legalization.

CTVNews.ca has rounded up 10 actions that will still be considered crimes now that cannabis has been given the green light.

Thu
18
Oct

Popular marijuana stocks as Canada becomes the largest country to legalize cannabis

Popular marijuana stocks fell across the board Wednesday, paring extreme gains so far this year, as investors cashed in a bit of their bet as Canada became the largest country to legalize the recreational use of cannabis.

After months of political haggling and legal debate, Canada joined the U.S. states of California, Massachusetts, Maine, Alaska, Colorado, Washington, Nevada, Vermont and Oregon as the first Group of Seven country to OK adult use of pot. The major cannabis stocks ran up in anticipation of this day and offered investors on Wednesday a reminder of just how volatile some of the young pot companies have become amid a flurry of news and speculation.

Thu
18
Oct
Thu
18
Oct

Trying cannabis for the first time? Here's everything you can expect

There’s a bit of a learning curve when it comes to understanding all of the aspects surrounding cannabis, but we’ve got you covered.

While a lot of focus has been placed on the technical aspects of cannabis legalization in Canada, this guide will focus on answering questions like: What happens to your body when you get high? Should you smoke or vape? And what happens if you get too high? This guide aims to answer some of those burning questions.

What is cannabis?

Cannabis is a substance made up of the dried and shredded parts of the Cannabis sativa plant, which can include the flowers, seeds, stems and leaves.

Wed
17
Oct

Marijuana legalization in Canada has companies chasing a green rush

Millions of dollars worth of marijuana plants sat under lamps brighter than the noonday sun as employees of Canada’s largest cannabis business bustled about the 47 giant growing rooms of its factory, which once made Hershey bars.

Now it’s home to Tweed, whose parent company, Canopy Growth, was the first Canadian marijuana grower to debut on the New York Stock Exchange.

Valued at more than $10 billion, Canopy is worth even more than Bombardier, the Canadian manufacturer that is one of the world’s largest makers of planes and trains, offering a stark example of this nation’s new get-rich-quick hope — the marijuana industry.

Wed
17
Oct

Pot 101: Everything to you need to know about Canada's marijuana legalization

How'd we get here?

Two words: Justin Trudeau. Three years ago, in the federal election, he promised to legalize recreational pot use. After the Liberals won, the new government immediately set about to fufill that pledge.

Wed
17
Oct

Day 1: This weed revolution will be very ... Canadian

Earlier in the day, at a media briefing across from Parliament Hill, bureaucrats from seven federal departments patiently answered questions about the thousands of rules and regulations that will govern the sale of cannabis.

And at a scrappy end of Merivale Road, an engaging young man in red running shoes sat in the waiting room of an illegal marijuana dispensary, chatting about the stigma that still surrounds the evil weed.

Tue
16
Oct

Ontario schools prepare for legalization of recreational cannabis

As the arrival of legal cannabis looms, school boards across Ontario are grappling with how to discuss the drug with underage students barred from consuming it while ensuring rules and policies reflect the province's new legal and social reality.

Like alcohol, recreational cannabis will be off-limits to those under 19 and banned from school property when it becomes legal on Wednesday, and school boards say they are working to update their codes of conduct and disciplinary processes to reflect the details of provincial law.

Many boards say they are also training staff to deal with questions and issues surrounding cannabis both in and out of the classroom as they await further direction from the government.

Tue
16
Oct

Canada goes from weed prohibition to legalization in 95 years

Ninety-five years of marijuana prohibition comes to an end Wednesday.

The change makes Canada the second country in the world (after Uruguay) to legalize recreational pot — and the first G7 nation to do so.

Here's a throwback to Ottawa's hot-and-cold-and-hot again relationship with weed.

1923

There's no fantastic story for how marijuana became prohibited in Canada. The origins of this decision trace back to a single statement by health minister Henri-SĂ©verin BĂ©land, according to the Library of Parliament.

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