Updated, April 13 — Canada’s No. 2 specialty coffeehouse chain has a partnership deal in place to convert some of its outlets in Western Canada to recreational cannabis shops and […] Read more
Tag Archives cannabis

Second Cup to set up cannabis lounges in West

Canada prepares for legal pot with new license class, labels
Toronto | Reuters –– Canada’s health regulator on Monday set out thresholds for a new class of cannabis cultivation and processing licenses, and outlined strict requirements for the packaging and […] Read more

Pot firm Aurora’s CanniMed deal gets regulatory nod
Reuters — Canada’s No. 2 marijuana producer Aurora Cannabis on Wednesday received final regulatory approval for the purchase of smaller rival CanniMed Therapeutics, which would make it the world’s most […] Read more

Recreational marijuana sales in Canada face fresh delays
Ottawa | Reuters — The sale of legalized recreational marijuana in Canada, which has already been pushed back once beyond the planned July start date, is set to be delayed […] Read more

Weed firms again urged to disclose U.S. risks
Toronto | Reuters — Canadian regulators on Thursday reiterated their call for listed cannabis producers with U.S. businesses to clearly disclose risks of operating there, and warned of potential punishment […] Read more

Ontario pot firm Aphria selling U.S. stake
Reuters — Ontario marijuana company Aphria said on Friday it agreed to sell its minority stake in U.S.-based Copperstate Farms to Liberty Health Sciences for $20 million. Boards of Aphria […] Read more

Cannabis firm Aphria mulls sale of U.S. unit
Reuters — Canadian cannabis company Aphria said Thursday it was exploring “strategic alternatives,” including a sale, for its U.S. business, amid tightening enforcement of federal cannabis laws in the country. […] Read more

Ontario medical marijuana producers plan major merger
A southwestern Ontario greenhouse firm billed as one of Canada’s lowest-cost medical marijuana producers plans to expand its reach by buying a rival firm sourcing cannabis worldwide for processing. Aphria […] Read more

Canadians spent $5.7 billion on cannabis in 2017
Ottawa | Reuters — Canadians spent an estimated $5.7 billion on cannabis in 2017, Statistics Canada said on Thursday, with the country on track to legalize recreational use of the […] Read more

Aurora, CanniMed to form Canadian weed giant
Two major players in the Canadian medical marijuana market are set to create one of the world’s biggest pot production firms in a friendly $1.1 billion cash-and-stock deal. Edmonton-based Aurora […] Read more