Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Wed
16
Dec

Aphria, Tilray confirm deal to create new pot industry giant

Aphria Inc. and Tilray Inc. confirmed early Wednesday they have agreed to join forces in a blockbuster deal uniting two of the biggest names in the legal cannabis industry. The announcement follows BNN Bloomberg’s reporting Tuesday afternoon that the two sides were in advanced negotiations.

Under the terms of the agreement, each Aphria share will be exchanged for 0.8381 of a Tilray share, while Tilray shareholders will retain their existing shares. As a result of the exchange ratio, Aphria shareholders will own 62 per cent of the combined company’s common shares.

Tue
15
Dec

Changes could be on the way for Canada’s cannabis regulations, Health Canada’s Special Access Program

On Friday, Health Canada announced a 30-day consultation period is now underway that could lead to changes for cannabis research, product labelling, beverage limits, and more.

According to the notice, Health Canada is considering streamlining and rationalizing the licensing framework to facilitate cannabis-based testing and will take steps to encourage further non-therapeutic cannabis research. That could include studying the impact of cannabis use on driving performance, for example, and investigating the onset and duration of various cannabis products. 

Mon
14
Dec

Canadian pot producers may scale back in Europe: industry report

Canadian cannabis producers are likely to scale back their investments in Europe as they come under pressure to cut costs and deliver profit, two industry consultants said in a report released on Tuesday.

Depending on the pace of legalization, the market for European cannabis could grow at a compound annual rate of 52% for the next five years, hitting US$3.1 billion in sales by 2025, research firm Brightfield Group and consultancy Hanway Associates said.

They, however, projected the current market at just a tenth of that value and said some Canadian companies may choose to follow two of the sector's big players - Aurora Cannabis Inc and Canopy Growth Corp - in trimming spending outside North America.

Mon
14
Dec

Can You Make Money With These Canadian Marijuana Stocks?

U.S. Cannabis Stocks Keep Looking Bullish

Fri
11
Dec

Canopy Growth beverage head to depart amid sluggish drink sales

The executive in charge of Canopy Growth Corp.'s global beverage unit is leaving less than a year after he joined the company, a high-level departure that comes as the pot giant looks to ramp up sales of cannabis-infused drinks to the Canadian recreational market. 

Andrew Rapsey joined Canopy in January and took on the role of global head of beverages in August. He announced in a LinkedIn post on Wednesday he is leaving the company and plans to return to Alphabet Inc.'s Google in 2021. 

"As I gear up for 2021, I have decided to head back to Google Canada for some unfinished business with a marketing team I adore," Rapsey said in the post. 

Fri
11
Dec

Canadian Study Says: Cannabis Worse Than Alcohol

In a big debate, there will always be information out there to support both sides. This doesn’t mean the quality of information will be the same, but it does mean there will be a represented argument. When it comes to the age at which people should be allowed to use cannabis without risking health concerns later in life, a recent Canadian study was done assessing the different starting ages for using cannabis. In so doing, it raises the question, is cannabis worse than alcohol?

What to do this holiday season?
Take advantage of the best CBD FLower Deals this year!

Thu
10
Dec

Six Canadian gifts for the cannabis lovers in your life

Canadians don’t just grow great pot, they also know how to consume it with style and thoughtfulness. Whether you’re looking for a gift for someone who loves rolling joints or hooting on vaporizers, going on hikes or journalling,The GrowthOphas you covered for all your holiday weed needs. 

Here are six gifts from Canadian companies that are sure to please any cannabis consumer in your life. 

Wed
09
Dec

3 Top Cannabis Stocks to Buy in December

man looking thoughfully at digital charts

These marijuana stocks made investors rich in November. Here's why they'll do it again.

A "Green Wave" is sweeping across North America. In November, voters in four states cast their ballots to legalize recreational marijuana, which will open up new cannabis markets in Arizona, Montana, New Jersey, and South Dakota. The North American legal marijuana market will likely reach $19.1 billion by next year and then grow at double-digit percentages annually.

There are certain pot stocks that are best-positioned to capitalize on the current cannabis craze. Here's why Aphria (NASDAQ:APHA)(TSX:APHA), Trulieve Cannabis (OTC:TCNNF), and Acreage Holdings (OTC:ACRGF) are the best pot stocks to buy this December and hold for a long time.

Wed
09
Dec

Untangling the role of medical cannabis in surgical care

medical team performing surgery

Medical cannabis was legalized in Colorado in 2000, but 20 years later, Camille Stewart, MD, isn't able to prescribe it to her patients. Nor is she able to dictate the dosage or frequency with which patients take the drug.

That's because of the weird limbo in which medical cannabis exists. Although it is legal in many states, cannabis still is classified by the federal government as a Schedule I drug with no current acceptable medical use and a high potential for abuse. That puts it in the same category as heroin, LSD and MDMA (ecstasy).

Tue
08
Dec

How Canada’s (Very White) Cannabis Industry Could Learn From Social Equity Programs In The U.S.

Cannabis may be consumed by adults of all races, ages, and genders, but in Canada, those employed in the upper echelons of the nascent industry don’t reflect that diversity. According to a report published by the Centre on Drug Policy Evaluation (CDPE) and the University of Toronto, the leadership of the country’s licensed cannabis producers is made up of predominantly white men.

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