Latest Newsletter

Tag Archives medical marijuana

(Fudio/iStock/Getty Images)
Crops

People growing too much pot at home, Health Canada warns

Pressure on to prevent abuse of home-grow program

By
Reuters — Health Canada on Thursday raised concerns about the large quantity of medical marijuana people were growing at home, after its data showed a significant jump in daily average production permitted by health care practitioners. While the practitioners can allow registered patients to grow a limited amount at home for personal use, the regulator’s […] Read more
(Fudio/iStock/Getty Images)
Crops

As customers hoard pot brownies, weed firms see lockdown boost

By
Reuters — Cannabis sales are touching new highs as customers across the U.S. and Canada stockpile weed to prepare for long spells of isolation because of the coronavirus pandemic. Between March 16 and 22, sales of recreational cannabis across California, Colorado, Oregon and Alaska — some of the key U.S. markets — were up 50 […] Read more
File photo of medical cannabis in production. (FatCamera/iStock/Getty Images)
Crops

Pot producer CannTrust to destroy $77M in plants, inventory

By
Reuters — Canadian cannabis producer CannTrust Holdings said Monday it would destroy about $12 million worth of plants and about $65 million worth of inventory as part of a plan to regain full regulatory compliance. Health Canada canceled CannTrust’s license to produce and sell cannabis in September, months after it found the company was illegally […] Read more
(Nuuvera.com)
Crops

Ontario medical marijuana producers plan major merger

By
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 Inc., based at Leamington, Ont., announced Monday it has locked in a cash-and-stock deal to buy Toronto-based Nuuvera Inc. for $826 million. The deal, expcted […] Read more
An unauthorized outdoor cannabis “grow” operation found by RCMP northwest of Winnipeg in August 2013. (Photo courtesy Manitoba RCMP)
Crops

Canadians spent $5.7 billion on cannabis in 2017

By
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 drug nationwide later this year. About 4.9 million Canadians between the ages of 15 to 64 purchased both medical and non-medical cannabis last year, the […] Read more
(CanniMedTherapeutics.com)
Crops

Aurora, CanniMed to form Canadian weed giant

By
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 Cannabis announced an agreement Wednesday in which it will ante up on its previous hostile bid for CanniMed Therapeutics and buy all the shares of […] Read more
(MLGreenworld.com)
Crops

Toronto exchange may delist marijuana firms with U.S. operations

By
Toronto | Reuters — Canada’s TMX Group, operator of the Toronto Stock Exchange, said on Monday that it might delist stocks of marijuana companies with interests in the U.S., where their operations are illegal under federal law. TMX disclosed its plans as Canadian securities regulators said companies must disclose any connection to the U.S. marijuana […] Read more
(VillageFarms.com)
Crops

Hothouse produce grower to devote site to marijuana

By
Canada’s only publicly traded greenhouse produce-growing company plans to put up one of its British Columbia greenhouses for a new venture in cannabis production. Vancouver-based Village Farms announced Tuesday it has partnered with Victoria-based medical cannabis producer/processor Emerald Health Therapeutics in a 50/50 joint venture to grow cannabis for medical use and, pending changes to […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast