Medical Cannabis News

Synonyms: 
mmj
Tue
23
Jul

Everything you need to know about marijuana legalization 2.0

Last year, Wall Street and investors witnessed history being made many times over. In the U.S., we observed additional states legalize medical marijuana, pushing the total number of states to have given the green light to cannabis in some capacity to 33, and saw the Food and Drug Administration approve the very first cannabis-derived drug. Meanwhile, Canada became the first industrialized country in the world to approve the sale of recreational weed in October.

But there's plenty of history yet to be made, with the next game-changing cannabis launch due later this year in Canada. Ladies and gentlemen, say hello to marijuana legalization 2.0.

Tue
23
Jul

New medical cannabis facility taking root in Espanola

A medical cannabis company is building a 32,000 square foot cultivation facility in Espanola, Ont.

Jeff Scharf, President and CEO of GaiaCann Inc., began building a greenhouse to grow lettuce, but pivoted to cannabis after being approached by individuals in the sector.  

"Our goal is to create pharmaceutical grade cannabis products," he said. 

The facility is at the south end of Espanola, next to a small solar panel farm which Scharf also owns. 

He expects the facility will be ready for operation in January 2020 and will cost upward of $20 million to complete. Work crews have just finished the walls, roof and upper level flooring. He says the electric and ventilation systems are next. 

The building's large, white roof slants southward.

Mon
22
Jul

Could hemp and cannabidiol (CBD) be the answer to the anxiety epidemic?

If you’ve been stressed lately, you’re not alone.

More Americans are stressed out than ever before. From tighter incomes to increased work pressures to a more divided political landscape to, of course, anguish over social media popularity, the pressure has become more than many of us can bear calmly.

Anxiety, it seems, has become a national epidemic.

In June of 2017, the New York Times featured a front-page article headlined “An Anxious Nation,” declaring that we have entered a troubling new “Age of Anxiety.”

A year later, in August of 2018, the Washington Post repeated the claim, noting that a whopping 79% of Americans are frequently stressed.

And it’s only getting worse.

Mon
22
Jul

THC slushies, pirate radio and the cannabis-driven boom in a Mohawk community

Driving down Highway 401 in southern Ontario, with the FM dial tuned to 87.9, the 1990s-era rap music fades into an ad, offering a free joint with every purchase over $20 between midnight and 4:20 a.m. at the Pot Shoppe.

A second ad then promotes a "car show for Jeeps" in the parking lot of the Pot Shoppe every Tuesday night.

"Don't forget, we have free coffee for the driver and our famous Pot Shoppe slushies at half-price for the passenger," the ad says. "THC-infused slushies — just a little more brain freeze."

Fri
19
Jul

Medicinal cannabis & three related stocks: MDC, BDA & CPH

In 2016, Australia legalised cannabis for medicinal and scientific purposes under the Narcotic Drugs Amendment Act 2016. The amendment provided relief to the cannabis sector and enabled the prospective producers to apply for the necessary licenses to grow the crop legally. In January 2018, the government made another breakthrough by uplifting the barriers to export cannabis in the overseas markets.

Fri
19
Jul

Canada’s medical cannabis leader now bigger & better

The TSX Venture Exchange’s 2019 top performing Company of the year has just been given the green light for enough additional growing space to move it to sit among the giants of the industry, in terms of growing space.

Fri
19
Jul

CBD is flexing on the marijuana industry

Consumers can buy hemp-derived CBD products in Walmart (WMT) , CVS (CVS) and if anyone still goes to the mall, you can buy it at Abercrombie & Fitch (ANF) or American Eagle Outfitters (AEO) . It feels like the product has jumped the shark already, but according to a new report by Headset, the CBD tsunami is just beginning.

Fri
19
Jul

Aurora Cannabis wins contract to supply medical cannabis to Italy, one of the most strictly regulated markets in the world

Canadian pot producer Aurora Cannabis Inc said on Thursday it had secured a two-year contract to supply medical cannabis to the Italian government.

The company will supply a minimum of 400 kg of medical cannabis to the country, one of the most strictly regulated medical cannabis markets in the world.

Aurora said it will supply cannabis from its Canadian EU GMP certified facilities and imported into Italy through Aurora Deutschland, its wholly-owned European unit.

The supply contract is expected to be signed in September, it added.

Edmonton, Alberta-based Aurora, which had won the first tender in Italy in January 2018, said it will continue to supply medical cannabis to the country according to the contract.

Thu
18
Jul

Canadian study explains why cannabis makes some people paranoid

There are usually two reasons people give when asked why they don’t enjoy cannabis: either it makes them feel too sleepy or too paranoid.

While it is known that the same strain can affect consumers in completely different ways, researchers are still trying to pinpoint why reactions vary from person to person.

Tue
16
Jul

Health Canada revokes licences of B.C. cannabis producer Agrima

B.C. cannabis producer Agrima Botanicals Corp. has had its licences revoked by Health Canada, months after the company disclosed the regulator's finding that "unauthorized activities" with pot took place at the firm.

Agrima is now listed on Health Canada's website of licensed producers with the status "revoked," after having its licences suspended last fall.

Agrima's parent company Ascent Industries Corp. said in November that the regulator had asserted that "unauthorized activities" involving cannabis occurred at the company during a period of time when it was privately held, but it was appealing its suspension.

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