Alberta is weighing whether to allow cannabis cultivators based in the province to apply for Canadian Agricultural Partnership (CAP) cost-sharing grants, though a decision will not be announced until after the April 16 provincial election. CAP is a 3 billion Canadian...
Matt Lamers
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British Columbia opens agricultural grants to cannabis companies
Cannabis companies in British Columbia may access a suite of cost-sharing programs through the Canadian Agricultural Partnership (CAP), a 3 billion Canadian dollar ($2.2 billion) initiative by the federal government and provinces to support agricultural businesses...
Swedish state-owned pension fund invests in Aurora Cannabis, Canopy
A Swedish state-owned pension fund has invested in cannabis companies for the first time. More government-run pension funds are dipping into large-cap cannabis stocks, a sign that such investments are going more mainstream. Canada's Public...
New report gives ‘realistic’ snapshot of European cannabis markets
For entrepreneurs and investors interested in European medical cannabis markets, a new report from Marijuana Business Daily provides a realistic snapshot of current opportunities and how future demand could evolve. The report - “Medical Cannabis in Europe: The Markets...
Governor of US territory Guam signs recreational marijuana bill into law
Guam Gov. Lou Leon Guerrero signed the Cannabis Industry Act into law Thursday, clearing the final legislative hurdle for the creation of a new industry for entrepreneurs on the Western Pacific U.S. island.
Former Monsanto, Hewlett Packard execs join marijuana firm LGC Capital
Diversified Canadian cannabis company LGC Capital is shuffling its leadership ranks and filling management positions by dipping into other heavily regulated industries, such as agrochemical biotechnology. The moves are in line with a trend among fast-growing cannabis...
Report: 380 Israeli cannabis cultivators pass early licensing test
Nearly 400 medical marijuana cultivators made it through the first round of testing in Israel's licensing process, demonstrating the high level of interest in the country's burgeoning medical cannabis industry just three months after exports won cabinet’s approval....
Lack of boardroom diversity will cost Canadian cannabis companies
Cannabis companies in Canada with “monoculture and mono-gender” boardroom compositions could face a competitive disadvantage - and will ultimately take a hit to their bottom lines, industry experts say. Marijuana Business Daily reported last week that two dozen of the...
Capital-hungry Aurora Cannabis looks to raise CA$1 billion
Aurora Cannabis laid the foundation to raise up to $750 million (1 billion Canadian dollars) to fuel potential future acquisitions, other capital expenditures and debt repayments. The Edmonton, Alberta-based company filed a base shelf prospectus with Canadian...
Canadian bank throws cold water on marijuana revenue forecasts
The Bank of Montreal (BMO) is warning investors that revenues from adult-use cannabis in Canada could come in lower than expected over the coming quarters due to the slow build-out of retail stores, flat nationwide retail sales and inventory depletion. “The pace of...
Ontario’s first 25 recreational cannabis stores could contribute CA$500 million to industry
Ontario’s first regulated adult-use marijuana retail stores opened their doors Monday - the last province in Canada to achieve the important milestone - but...
Quality-control certification can help cannabis firms achieve global ambitions
Take a look at multinational medical marijuana growers, and most, if not all, have been awarded the gold standard for global quality compliance – Good Manufacturing Practice certification.












