A new report on Canada's legal marijuana industry by the country's fourth-largest bank signals growing interest in the sector among institutional investors, which until recently have been extremely cautious in their approach to cannabis businesses. Analysts on CIBC's...
One of Canada’s biggest supermarket operators plans to enter the business of selling recreational marijuana products pending legalization late this summer.
Loblaw, a leader in the country’s supermarket industry, said some of its locations in Newfoundland are among 23 selected as “qualified applicants” to become licensed cannabis retailers.
As British Columbia begins the process of securing supplies of recreational marijuana for sale later this year, concern is growing among executives that the province is lowballing cultivators.
That could limit the quality of products available in the legal market and bolster the black market, one industry executive warned.
Two Senate committees reviewing Canada’s proposed marijuana legislation are asking for significant changes to the bill before it becomes law – changes that could delay implementation and have a major impact on businesses prepping for the recreational market.
The Committee on Aboriginal Peoples wants the bill amended to address a “lack of meaningful consultation” with First Nations communities and asked for a delay of up to one year.
Canadian marijuana executives share tips on five factors to address when mulling an overseas expansion By Matt Lamers Free from U.S. competition and overflowing with capital, Canadian cannabis companies are expanding their global empire one country at a time – drawn...
Over 1 billion Canadian dollars ($780 million) of cannabis products were shipped from Canada last year through unregulated channels, according to a preliminary estimate from the government’s statistics agency. The figure includes shipments approved by the regulatory...
Cannabis businesses in British Columbia can leverage decades of market experience in cultivation, retail and research and development to maintain their dominant position in Canada’s marijuana industry when recreational use becomes legal later this year.
The province’s multibillion-dollar gray market includes hundreds of dispensaries and at least 4,000 licensed personal growers.
But how much of that will shift to the regulated market when it rolls out?
Zimbabwe legalized the cultivation of cannabis for medicinal and scientific purposes, making it only the second country in Africa to lay the groundwork for a medical marijuana industry.
British Columbia’s minority government will be under the gun to pass key cannabis legislation once it's introduced in the province’s Legislative Assembly on Thursday. That’s because the legislature will have only 12 more days during the spring session before breaking...
The number of active applicants in the pipeline to cultivate medical cannabis in Canada has surpassed 500 for the first time. As of March 31, the number of applicants stood at 509, according to data provided to Marijuana Business Daily by Health Canada, an increase...
Two Canadian medical marijuana groups, which include most of the country's top cultivators, have teamed up to address critical issues affecting businesses and patients across the country with a united voice. Cannabis Canada Association, which counts close to 60 of...
The regulatory body that oversees medical cannabis in Canada says it’s open to the idea of distributing cannabis directly to patients through pharmacies, a move that could give the country’s MMJ market a boost by improving access.
But such a change would require buy-in from other key players beyond Health Canada.
The only legal channel patients have to purchase medical marijuana in Canada is directly from licensed producers/sellers via registered mail.
