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Matt Lamers, International Editor

Matt is based in the Greater Toronto Area and covers international cannabis markets for Marijuana Business Daily. Previously, he worked as a business editor, photographer and reporter for newspapers and magazines in three countries, covering everything from the oil and gas industry in northern British Columbia to North Korean defectors in Seoul.

Quebec bill would create state-run cannabis stores

November 16, 2017

Quebec – Canada’s second most-populous province – introduced recreational marijuana legislation that would funnel retail sales through 15 government-run stores and ban consumers from growing marijuana at home. The bill, which must be approved by Quebec’s legislature, would allow consumption – which includes smoking – for anyone at least 18 years old, according to the […]

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Canadian companies aim to create medical cannabis powerhouse in Latin America

November 16, 2017 · Updated May 13, 2019

Canadian companies hope to cultivate a medical marijuana juggernaut in Colombia by combining Toronto’s capital and technological expertise with the Latin American nation’s favorable climate and location. Industry executives said they plan to use Colombia as a springboard to serve Latin America’s 400-plus million people who live in nations where some form of marijuana is […]

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Aurora offers nearly CA$550M for rival as CanniMed seeks Newstrike

November 15, 2017 · Updated November 16, 2017

Merger mania is sweeping through Canada’s medical marijuana industry. Aurora Cannabis offered to acquire rival producer CanniMed Therapeutics for 544 million Canadian dollars ($425 million) in stock, a deal that would be the largest acquisition to date in the North American marijuana industry. If completed, the merger would create a global marijuana leader and could spark […]

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Marijuana producer MedReleaf inks stock deal to raise CA$60M

November 14, 2017 · Updated December 18, 2017

MedReleaf reached a stock-purchase agreement to raise 60 million Canadian dollars ($47 million) to finance the acquisition or construction of marijuana production and manufacturing facilities in Canada and overseas. MedReleaf – based in Markham, Ontario and traded on the Toronto Stock Exchange under the symbol LEAF – said in a news release the underwriters have […]

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Adding tax to Canada’s MMJ draws ire of industry, patients

November 13, 2017 · Updated August 14, 2019

Licensed medical marijuana producers and patients groups are urging the Canadian government to reconsider its plan to impose an extra tax on MMJ. Ottawa wants to levy an excise tax on both recreational and medical marijuana. Groups such as Canadians for Fair Access to Medical Marijuana and Arthritis Society had been calling on the government to […]

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Canada’s recreational marijuana tax plan gets mixed reviews

November 13, 2017 · Updated December 18, 2017

Licensed producers of marijuana in Canada say the proposed federal tax regime leaves enough room for the recreational sector to compete with the black market and generate “meaningful profits” come legalization next summer. The tax would not apply to medical marijuana exports, which could be a boon for Canadian producers hoping to capitalize on international markets coming […]

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Study: MJ monopolies cut government revenue

November 10, 2017 · Updated December 18, 2017

A private system of retailing cannabis would open up “unprecedented business opportunities” and generate more revenue for Alberta’s government than a publicly owned monopoly, according to a local business group. A private model based on the province’s liquor system – which is overseen by the Alberta Gaming and Liquor Commission (AGLC) – avoids the expense of […]

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Alberta to hand marijuana sales to private sector

November 10, 2017 · Updated December 18, 2017

Alberta’s adult-use marijuana will be sold in private brick-and-mortar stores, according to the Calgary Herald, putting the province in a position to offer one of Canada’s hottest business opportunities for MJ entrepreneurs once cannabis sales begin next summer. The Edmonton Chamber of Commerce said the move would open unprecedented business opportunities, noting that “Alberta’s entrepreneurs are ready, willing […]

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Cronos Group raises CA$17 million to fund R&D, boost marijuana production

November 9, 2017 · Updated July 24, 2018

Cronos Group has closed a stock deal that raised 17.2 million Canadian dollars ($13.5 million) to fund research and development, expand Canadian cannabis production capacity and develop distribution infrastructure. The deal brings to CA$90 the amount of capital the company has raised so far this year, including CA$40 million in debt, President and CEO Mike Gorenstein […]

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IBM suggests blockchain for tracking Canadian marijuana

November 8, 2017 · Updated December 18, 2017

Tech titan IBM is pitching blockchain technology as a supply-management tool for British Columbia’s recreational and medical cannabis industry, a possible sign that Big Blue is eyeing Canada as a way to enter the marijuana sector. IBM submitted a paper to British Columbia after the government requested suggestions for its forthcoming marijuana legislation. The Armonk, […]

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Leading US marijuana retailer LivWell takes ‘significant’ ownership stake in Canadian producer

November 8, 2017 · Updated July 16, 2018

One of the largest marijuana retailers in the United States has acquired a “significant” equity stake in an Alberta cannabis producer, a move that could pave the way for other U.S. companies to enter the Canadian market. Denver-based LivWell Enlightened Health purchased the undisclosed stake in Lethbridge, Alberta-based 51st Parallel, Marijuana Business Daily has learned.

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Canadian group offers marijuana advertising-marketing guidelines

November 8, 2017 · Updated December 20, 2017

A group representing 17 of Canada’s licensed marijuana cultivators proposed guidelines to govern the advertising and marketing of legalized cannabis products, accessories and services. If endorsed by the federal government, the proposed guidelines would come into effect after the legalization of recreational marijuana, which is scheduled to occur in July. The group, the Coalition for Responsible […]

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