Medical cannabis products in Canada should be dispensed to patients inside pharmacies – a natural progression for the sector that would lead to improved practitioner oversight, according to the point person for medical marijuana at Shoppers Drug …
Canadian Medical Marijuana & Cannabis Industry News
Health Canada aims to cut emissions with virtual cannabis inspection pilot
Canada’s federal cannabis industry regulator has launched a two-year pilot project exploring virtual inspections of marijuana production sites, with the goal of reducing carbon emissions. That could ultimately lead to a greater number of cannabis…
Week in Review: Two states start medical cannabis sales, MT measure survives, Oregon streamlines licensing & more
Medical marijuana sales began in Missouri after voters approved legalization two years ago. Dispensaries in the St. Louis area reported strong interest as Missouri became the 34th state to launch a full-blown MMJ program. MJBizDaily takeaway: Put anoth…
Majority of recent cannabis busts in Ontario involved medical grows, police say
Ontario’s provincial police service is trumpeting summer and fall seizures of illicit cannabis plants in Canada’s most populated province, highlighting large seizures of marijuana from “52 large-volume illegal operations” betwee…
Supply glut grows for Canadian edibles, dried cannabis
The discrepancy between sales of cannabis edibles and inventory in Canada is growing, according to the most recent data from the federal health regulator. In June, some 7.8 million packaged units of cannabis edibles were held in stock by federal licens…
Before election, focus on fundamentals, not emotions, in cannabis investing
Since we last looked at the performance of U.S. and Canadian operators on July 10, publicly traded cannabis companies have seen some interesting stock price trends as candidates running for the top offices in the U.S. take positions on marijuana reform…
Canadian cannabis sales grow to nearly CA$245 million in August
Canadian sales of legal adult-use cannabis grew by 5.2% from July to August, reaching a monthly total of 244.9 million Canadian dollars ($186.9 million). The monthly record for Canadian marijuana sales implies an annualized market worth more than CA$2….
Flowr to buy Terrace Global amid tepid cannabis M&A market
Toronto-based cannabis producer The Flowr Corp. entered into a definitive agreement to acquire Terrace Global, a Canadian company focused on the development of international marijuana assets. The all-share transaction, expected to close by the end of t…
Canada’s Vivo Cannabis cuts jobs in push for positive cash flow
Toronto-based cannabis producer Vivo Cannabis is cutting 18% of its workforce, selling unspecified assets and tweaking its leadership team as part of an effort to cut costs and achieve positive cash flow. Vivo owns two Canadian cannabis license holders…
Week in Review: California cannabis designations, Supreme Court loss, union victories & more
A new state law lets California’s outdoor marijuana growers claim a wine-like “appellation of origin” for their sun-and-soil-grown crops. California outdoor producers told Marijuana Business Daily they hope the law will help them dist…