Quebec

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Fri
17
May

Quebec cannabis stores to open 7 days per week

Cannabis stores will now be open seven days a week in Quebec as a result of an improvement in supply levels.

From Monday, May 20, all 13 branches of the Société québécoise du cannabis will be open throughout the week. They will open at 10am every day and close at 6pm Monday to Wednesday, 9pm on Thursday and Friday and 5pm at weekends.

“Our advisors will be available to answer your questions and guide you through the selection of 40 to 60 products that are now available,” the SQDC announced in a Facebook post.

Fri
17
May

Keep cannabis away from kids, Montreal hospital urges after increase in intoxication cases

The Montreal Children's Hospital is reminding parents to keep their edibles locked up and away from kids following an increase in the number of cannabis intoxication cases.

Between 1990 and 2016, it was relatively rare for doctors at the hospital to treat children under the age of seven who had ingested cannabis — one case, on average, every three years.

But since 2016, when talk of the legalization of marijuana ramped up, nine children under the age of seven have been treated after consuming the drug.

Fri
03
May

The boomer weed rush is real: Older Canadians leading country-wide increase in use

Of roughly 646,000 Canadians to try cannabis in 2019, 332,000 were 45 or older, data from the self-reported survey run by Statistics Canada shows. That brings that demographic’s overall rate of use up from 9 per cent last year to 14 per cent now.

The data released Thursday by Statscan is the first iteration of the National Cannabis Survey conducted exclusively after legalization in October last year. The study has been running since February 2018.

Overall, cannabis use among Canadians increased by three per cent, from 14 percent last year at this time, to 18 per cent, or 5.3 million Canadians aged 15 or older.

Wed
17
Apr

Quebec's cannabis producers unite to break the stigma and find investors

Launched officially on Tuesday, the Association quĂ©bĂ©coise de l’industrie du cannabis (AQIC) also wants to have a voice in the debate around the legal framework of the substance, the recreational consumption of which has been legal since last October.

Cannabis Business president Michel Timperio, who also directs the cannabis division of Neptune Wellness Solutions, believes there is still a lot of stigma surrounding the industry.

“People have to realize that the cannabis industry is not only what is sold at the SociĂ©tĂ© quĂ©bĂ©coise du cannabis (SQDC),” he explained in an interview with Presse Canadienne. “There is a long way to go.”

Thu
14
Mar

Quebec cannabis giant HEXO acquires Newstrike Brands in $260-million deal

Quebec cannabis giant HEXO Corp. is acquiring Newstrike Brands Ltd. — the Oakville-based mid-sized cannabis company backed by The Tragically Hip — in an all-stock deal worth $260 million, both companies announced early Wednesday morning.

The deal is the biggest yet to take place between two sizeable Canadian cannabis companies post-legalization in a crowded industry where the top two players — Aurora Cannabis Inc. and Canopy Growth Corp. — control just under 50 per cent of domestic recreational cannabis sales.

Newstrike shareholders will receive 0.06332 of a HEXO common share in exchange for each Newstrike common share held, according to a press release put out by both companies.

Tue
12
Mar

BMO invests big in cannabis, shows growth in American banking sector

The Bank of Montreal (NYSE:BMO) is hitting 2019 hard, at least when it comes to the cannabis industry. BOM invested in three marijuana companies in the past three weeks, injecting over CA$100 million ($74.61 million) into an industry that is still dancing with legality in most parts of North America.

Fri
01
Mar

Quebec adds 2 LPs for recreational supply

On Tuesday (February 26), the Société québécoise du cannabis (SQDC) signed supply agreements with licensed producers (LPs) Organigram Holdings (TSXV:OGI,OTCQX:OGRMF) and Zenabis Global (TSXV:ZENA,OTC Pink:ZBISF) to add product to its lineup of recreational marijuana.

Both producers will have to wait for the public process of the SQDC to determine the exact start date and final agreement in terms of quantity sold to the province.

Zenabis informed shareholders it expects to supply product starting the second quarter of 2019.

Fri
01
Mar

Organigram is a ‘Perfect 10’ for Canadian cannabis distribution

Organigram Holdings Inc.(TSXV:OGI), one of the Canadian cannabis stocks, Tuesday announced that it has signed a letter of intent with the Société Québécoise du Cannabis (SQDC) to supply recreational cannabis.

With this agreement in place, Organigram’s products will now be available in all 10 Canadian provinces.

Tue
26
Feb

Public assistance sought to urge Quebec government to exempt medical cannabis users

If passed, Quebec’s Bill 2, An Act to tighten the regulation of cannabis, would ban cannabis use in all public places province-wide, reports CFAMM, a federal non-profit, non-partisan, patient-run organization dedicated to protecting and improving the rights of medical cannabis patients.

Fri
22
Feb

Quebec firm on legal age for cannabis, but leaves wiggle room elsewhere

The government has no intention of backing down on its decision to increase the legal age to consume cannabis from 18 to 21, says Premier François Legault.

But following a pitch to show more flexibility Tuesday by Montreal Mayor ValĂ©rie Plante, Legault has indicated there may be some wiggle room on the government’s plan to drastically cut the number of public places where pot can be consumed.

He has speculated allowing edibles might be an option, because they do not produce smoke. Under the federal law, dried and fresh cannabis, oil, plants and seeds are legal.

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