EMAIL: mattl@mjbizdaily.com
PHONE: 720.699.0794

Matt Lamers

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.

MedReleaf joins ranks of Canadian medical marijuana exporters

MedReleaf has joined a growing list of Canadian licensed producers exporting medicinal flower and oil products overseas. The Markham, Ontario-based company on Tuesday said it completed the first-ever shipment of medical cannabis oil to Brazil. It was also the first cannabis-based drug export for MedReleaf, which lists as LEAF on the Toronto Stock Exchange. While the transaction […]

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Report: Canadian exchange ‘open’ to medical MJ firms with US ties

One of Canada’s stock exchanges has sought to ease concerns it could become harder for investors to trade the shares of Canadian marijuana companies with U.S. assets, saying such businesses can list their stocks provided they meet disclosure rules and other listing standards. The Canadian Securities Exchange is “open for business” for MMJ companies with cannabis […]

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Canadian cannabis stocks take hit after report

Shares of the five licensed cannabis companies that trade on the the Toronto Stock Exchange were down Friday after reports surfaced that it could become harder for investors to deal in the shares of Canadian marijuana firms with U.S. assets. According to the Globe and Mail, Canadian Depository for Securities (CDS) – a clearinghouse owned by the […]

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Manitoba MMJ firms urge province to give locals a role in rec market

Manitoba’s medical marijuana businesses want to ensure that local MJ businesses get a crack at participating in the province’s emerging recreational cannabis market. MMJ retailers and licensed producers (LP) in Winnipeg are urging the provincial government to adopt a “made in Manitoba” business model to prevent large, established MJ companies from monopolizing the market after […]

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Canada’s rapidly changing marijuana landscape: Q&A with MedReleaf CEO Neil Closner

By Matt Lamers Canadian marijuana producers confront major changes that promise to reshape the nation’s MJ industry, ranging from the planned rollout of recreational cannabis next summer to a potential deluge of new growers entering the market. Among the companies navigating that shifting landscape is Markham, Ontario-based MedReleaf, one of Canada’s most profitable cannabis producers.

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Alberta’s medical marijuana patients double in first quarter

The number of registered medical marijuana patients in Alberta doubled, and the number of doctors prescribing MMJ rose 50% in the first quarter of this year, indicating the drug is becoming more accessible to the province’s 4.1 million people. The increases bode well for Canada’s MMJ companies and offer a sneak preview of business prospects for […]

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Cannabis Wheaton’s CA$15M purchase of ABcann shares OK’d

Cannabis Wheaton received approval from the TSX Venture Exchange to purchase 15 million Canadian dollars ($12 million) of ABcann shares. The transaction is part of a larger CA$30 million investment Cannabis Wheaton is making to fund the construction of a 50,000-square-foot (4,600-square meter) expansion at ABcann’s proposed Kimmett cannabis cultivation facility in Napanee, Ontario. After the […]

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Canada’s Aurora Cannabis moves into hemp via investment deal

Aurora Cannabis Inc. agreed to proceed with its 3.2 million Canadian dollar ($2.5 million) strategic investment in Hempco Food and Fiber Inc., securing a 19.9 percent stake in the Burnaby, British Columbia-based company and access to a rapidly growing health supplement market. Aurora will have an option to raise its total interest in Hempco to 50.1 percent, […]

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Manitoba reaches out to cannabis industry to help shape regulations

Manitoba’s government is reaching out to potential cannabis producers and retailers as it considers how marijuana would be produced, distributed and sold in the province when it’s legalized in Canada next summer. The move comes less than a week after Premier Brian Pallister’s partially successful drive to convince fellow provincial and territorial leaders to support […]

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Australian medical cannabis firm expands to Canada with acquisition

An Australian medical marijuana company is acquiring Nova Scotia-based Mernova Medicinal for 10.1 million Canadian dollars ($8.1 million) in the latest example of foreign interest in Canada’s booming MMJ market and next summer’s anticipated recreational cannabis rollout. After the cash-and-equity deal is completed, Creso Pharma will be the only Australian-based cannabis firm with direct exposure […]

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Exec advises Canada to increase marijuana production now

Licensed producers in Canada should ramp up production capacity in the next 12 months in order to meet consumer demand when the country’s recreational marijuana industry is expected to be legalized next summer, according to one cannabis executive. “We need to expand our capacity right away simply to meet the demands of the rapidly growing […]

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