The former chief executive of one of North America’s top beer makers says it’s only a matter of time before all alcohol companies are involved in the cannabis industry.
Matt Lamers
Matt Lamers's Latest Posts
Aurora’s CA$200M loan another sign Canadian banks are opening to cannabis firms
After years of sitting on the sidelines, Canada’s top-tier financial institutions are increasingly teaming up with the country’s biggest cannabis companies to help fund their aggressive growth plans. Alberta-based Aurora Cannabis on Tuesday tapped the Bank of Montreal...
Ontario should reconsider marijuana retail monopoly, experts say
Ontario is being urged to rethink its predecessor’s plan to open a small number of provincially owned cannabis stores – or face the prospect of a thriving black market for years to come.
Portugal passes medical cannabis law, opens domestic market
Portugal’s lawmakers approved sweeping changes medical cannabis regulation, opening new opportunities for international and domestic companies.
Provincial Preview: Prince Edward Island cannabis industry offers ‘phenomenal’ tourism opportunities
Prince Edward Island may be Canada’s smallest province, but it has already attracted some important investments in the cannabis industry.
Canada recreational cannabis sales to begin in October after historic vote
Canada ended 95 years of cannabis prohibition Tuesday, passing landmark legislation – Bill C-45 – that lays the groundwork for a multibillion-dollar marijuana industry.
Major UK review could lead to medical marijuana legalization
The United Kingdom is embarking on a full review of the medical benefits of cannabis that experts say could put the country on a path towards legalizing MMJ.
Canadian cannabis companies ink CA$880 million in funding deals in 14 days
As Canada’s politicians duke it out over the final version of the cannabis legalization bill, licensed producers have announced a windfall of financing to build out domestic capacity and tap overseas opportunities.
Canada’s ruling party rejects controversial amendments to cannabis bill
Canada’s federal government is rejecting all of the amendments to the pending cannabis law that industry sources said would make it harder for legal recreational marijuana to overtake the black market. The Senate’s version of the Cannabis Act was approved with almost four dozen amendments.
Aurora buys Canada’s leading cannabis lab for CA$115 million
Aurora Cannabis is continuing its aggressive buying spree, snapping up what one analyst called the “grandaddy of cannabis science in Canada,” Anandia Laboratories. Aurora agreed to buy the testing lab in an all-stock deal worth 115 million Canadian dollars ($88 million).
New licenses open doors for Canadian marijuana entrepreneurs
Canada’s proposed licensing structure for recreational marijuana will create significant opportunities for additional players, and “hundreds” of businesses are positioning themselves to capitalize on the market – even before the final regulations have been released.
Canada’s Senate passes cannabis bill; industry ‘deeply concerned’ with amendments
Canada’s marijuana industry hailed the passage of the recreational cannabis legalization bill by the Senate, but industry executives are concerned about some of the amendments. The bill was approved by a vote of 56-30 with more than 40 amendments after months of tumultuous debate.
