organigram

Canadian marijuana producers form co-op to sell rec products

A dozen of Canada’s largest marijuana producers have come together to form the Canadian Cannabis Co-op and are offering to bankroll a “turn-key” retail network in Alberta to sell adult-use products alongside private retailers and government-run outlets. The group, which unveiled its plans in a news release, hopes to extend the initiative to other provinces. […]

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In ‘historic’ deal, New Brunswick to buy CA$100 million of cannabis

New Brunswick entered into separate agreements with two of Canada’s largest licensed producers to buy 9,000 kilograms of cannabis per year worth 100 million Canadian dollars ($82 million) to meet demand for its recreational market when adult-use marijuana is legalized next summer. The groundbreaking deals could be a harbinger of things to come for Canadian […]

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Uncertainty over TMX stock listing rules weighs on some Canadian marijuana companies

By Matt Lamers A lack of clarity over regulations governing Canadian marijuana stock listings with exposure in the United States has had an impact on how some of the nation’s MJ companies do business. Industry executives said the uncertainty has affected everything from innovation and employment to capital deployment and business relationships.

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Third lawsuit launched in Canada over tainted medical marijuana

A third proposed class-action lawsuit over pesticide-laden medical marijuana in Canada raises additional questions about Health Canada’s claim that people who consumed the tainted cannabis weren’t becoming ill. According to The Globe and Mail, the Nova Scotia man listed in the new proposed class action allegedly became violently ill after consuming medical marijuana he purchased from […]

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Second Canadian medical cannabis firm target of class-action suit

A second Canadian medical cannabis producer embroiled in a controversy over tainted marijuana is the target of a proposed class-action lawsuit by patients who unwittingly consumed prohibited pesticides. According to the Globe and Mail, Mettrum, in addition to OrganiGram, was found selling MMJ containing pesticide myclobutanil, which emits hydrogen cyanide that, when lit, and can cause serious health problems. A […]

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Canada MMJ grower can’t trace pesticide source, offers refund

OrganiGram, a federally licensed medical marijuana cultivator in Canada that recalled contaminated product last year, said it conducted an “extensive investigation” but was unable to find the source for the tainted cannabis. The company also said it had reversed an earlier decision and now will refund money to patients who bought the contaminated cannabis. The total […]

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Investors Welcome 2 New Canadian MMJ Stocks

Two Canadian cannabis cultivation companies saw their share prices soar on the first day of trading as investors look to capitalize on a booming industry. Bedrocan Cannabis Corp, which trades on the Toronto Stock Exchange under the symbol BED, rose as high as 1.45 Canadian dollars ($1.32) on Monday before closing at CA$1.17, about 38% […]

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