Canada Marijuana News

Canadian provinces may seek delay in recreational cannabis rollout

Chris Walsh  | July 20, 2017

Canada’s premiers said they will request more time to launch their recreational marijuana industries if the federal government doesn’t address several outstanding issues this year – including concerns over supply and the black market.

The move threatens to derail the timing of Canada’s plans to launch a recreational cannabis industry next summer, which could create challenges …

Manitoba premier urges recreational cannabis delay

Omar Sacirbey  | July 19, 2017

Manitoba Premier Brian Pallister has been lobbying fellow provincial and territorial leaders to support a delayed launch of Canada’s recreational marijuana program by a year, from July 1, 2018, to July 1, 2019.

Pallister said he wants to put the program on hold for a year to give the nation more time …

A Canadian marijuana growth strategy: Q&A with Canopy CEO Bruce Linton

Omar Sacirbey  | July 18, 2017

By Omar Sacirbey

Canada’s biggest medical marijuana producer, Canopy Growth in Smith Falls, Ontario, serves more than one third of the nation's MMJ patients and generated 203 million Canadian dollars ($160 million) in revenue last year.

But the company also lost CA$16.7 million.

How? An aggressive expansion plan.

Marijuana Business Daily expands into Canada

Chris Walsh  | July 17, 2017

Marijuana Business Daily has expanded into Canada by hiring a full-time reporter to write in-depth stories and analysis about the country’s fast-growing cannabis industry.

Matt Lamers, who has worked as a reporter and editor at newspapers and magazines in several countries, will focus on writing for Canadian marijuana business executives, investors and entrepreneurs looking to …

Canadian cannabis M&As ready to ‘go crazy’: Q&A with Aurora CFO Glen Ibbott

Omar Sacirbey  | July 12, 2017

By Omar Sacirbey

Glen Ibbott had a successful career as a top executive with U.S. life sciences companies worth hundreds of millions of dollars that listed on the Nasdaq Stock Market.

But it wasn’t hard for Canada’s Aurora Cannabis to lure Ibbott north of the border to become the medical marijuana producer’s chief financial officer.

Week in Review: Nevada rec ready to roll, credit union’s symbolic victory & Canopy’s aggressive growth

Omar Sacirbey  | June 30, 2017

By Omar Sacirbey and Bart Schaneman

Nevada is poised to launch recreational marijuana sales, a cannabis-friendly credit union makes progress in a court case, and Canada’s Canopy Growth is registering losses while expanding its production capacity.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Wall Street vet bullish on cannabis: Q&A with iAnthus Capital’s Hadley Ford

Omar Sacirbey  | June 14, 2017

By Omar Sacirbey

In 14 years on Wall Street, Hadley Ford was involved in more than 150 deals worth billions of dollars. He later co-founded and scaled a cancer treatment facility to more than 300 employees and $100 million in annual revenue.

In 2014 he moved to the cannabis sector by founding iAnthus Capital.

Canadian stock exchanges looking at US cannabis investment policies

Omar Sacirbey  | June 13, 2017

Canadian marijuana executives and officials of two stock exchanges have been meeting about setting rules for investing in the U.S. cannabis sector.

According to the Canadian Press, attorneys representing publicly traded cannabis producers said “there is an unwritten rule” that companies listed on the Toronto Stock Exchange – the nation’s largest – and …

Major Canadian veggie grower teams with licensed MMJ cultivator

Bart Schaneman  | June 8, 2017

A major vegetable grower in Canada has teamed with one of the nation’s federally licensed medical marijuana cultivators to produce greenhouse-grown cannabis, marking the latest mainstream company to enter the MJ business.

Village Farms – a publicly traded grower of tomatoes, bell peppers and cucumbers with greenhouses in Canada and Texas – …