Marijuana Business News

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Wed
09
Jan

Shoppers Drug Mart is Canada’s newest weed dealer

Shoppers Drug Mart is now the latest in a growing list of legal weed dealers, having officially launched cannabis sales today, January 8.

Just don’t expect to see OG Kush next to the baby aspirin anytime soon, as Shoppers will only be selling cannabis online. Those looking to partake should head to Shoppers’ new online cannabis portal, cannabis.shoppersdrugmart.ca.

Wed
09
Jan

Appeals court digs into marijuana smoking ban in Florida

Newly minted Gov. Ron DeSantis has indicated he may drop the state’s appeal of a court decision that said a Florida law banning patients from smoking medical marijuana is unconstitutional.

But on the same day the Republican successor to former Gov. Rick Scott was sworn into office, lawyers for the state tried to persuade a three-judge panel to uphold the smoking prohibition.

Tuesday’s arguments at the 1st District Court of Appeal were the latest twist in a challenge to a 2017 law aimed at implementing a constitutional amendment that broadly legalized medical marijuana. More than 71 percent of voters approved the constitutional amendment in 2016.

Wed
09
Jan

Pediatric nurse appointed to Arkansas marijuana board

A pediatric nurse who says he's seen the positive effects of medical marijuana on his patients has been appointed to the Arkansas Medical Marijuana Commission.

Justin Smith, 38, was appointed to the board Monday, The Arkansas Democrat-Gazette reported . Smith is a nurse at Arkansas Children's Hospital and has worked in pediatric care for 11 years. He replaces James Miller, who resigned last month to focus on his family and business.

Smith said he's seen cannabis products help treat children with epilepsy.

"I've seen it work with my own eyes," Smith said. "When you see that, it kind of changes your mind and perspective on things. Especially in my case, when you see it work on children, you can't really deny it has some benefit with proper application."

Wed
09
Jan

Former Ontario Regional Chief Isadore Day urges leaders to support cannabis entrepreneurs on First Nations

A former Ontario Regional Chief is putting out a new magazine that he hopes clarifies jurisdictional issues around cannabis legalization and First Nations.

Isadore Day is CEO of a company called Bimaadzwin that focuses on Indigenous nationhood.

The new online publication, called Growth and Prosperity, seems to reflect his optimism about the potential role of retail cannabis sales in Indigenous communities.

Day says the publication will work as a reference that covers areas left blank by governments that failed to include First Nations in designing a retail system to sell legal cannabis.

Wed
09
Jan

London cannabis company says it will franchise if it doesn't win retail pot license lottery

A London, Ont.-based cannabis company says it's ready to franchise if it isn't lucky enough to get its hands on one of 25 private pot retail licences that will be awarded by lottery by the Alcohol and Gaming Commission of Ontario. 

The AGCO began to accept expressions of interest on its website at 12:01 a.m. Monday and will be taking submissions until noon on Wednesday. 

The draw for 25 licences will take place on Friday, with the results expected to be published by the AGCO within 24 hours. 

The lottery will be conducted using software that has been independently verified by accounting and auditing firm KPMG and a gambling research lab in the United States. 

Wed
09
Jan

A push for racial equity in Connecticut’s cannabis industry

With the Connecticut legislature likely to consider the legal sale of recreational marijuana, advocates are pressing for racial equity in the emerging industry.

“We want the same opportunities that are offered other communities," Kebra Smith-Bolden, of Canna Health and Women Grow CT, "But when you look at states like Massachusetts or Colorado with not even a handful of minority-owned business in the first hundreds of licenses, we have a serious problem that needs to be addressed. So we got together to make sure it gets addressed here and now.”

Smith-Bolden and other advocates have formed a new group focused on achieving racial equity in ownership, employment and consumer access.

Wed
09
Jan

Here's the latest marijuana stock to aim for the U.S. market

Demand in the new year for marijuana stocks has been strong, as investors seek to rebound from their losses in 2018. That has many cannabis companies looking to make their shares more readily available to investors in the U.S. market.

Wed
09
Jan

Canada: Illegal Vancouver cannabis dispensary operators risk jail time if they don't shut down

Illegal cannabis dispensaries in Vancouver have been warned once more to shut down or risk some hefty fines and possibly even jail time.

The warning follows last month’s order from the Province of British Columbia for the dozens of illegal shops in Vancouver to cease operations. The City had previously filed 53 injunction applications against the illicit shops.

When the order was given in December, there was no timeline given for when shops had to be closed and owners were unsure of how the province would be enforcing the order, but the City’s warning on Monday suggested that time is running out for those who have yet to shut down.

Wed
09
Jan

New anti-marijuana campaign claims cannabis is leading to more murders

Many arguments are made about the negatives of marijuana, such as how it affects brain development and other things of the sort. But one new argument says cannabis is leading to more murders, writes Joseph Misulonas. 

Wed
09
Jan

Missouri coffee company launching CBD-infused canned cold brew

The United States’ thriving obsession with CBD-infused coffee products has resulted in another product launch, this time in the American heartland. The Roasterie, a Kansas City company, announced on Monday that it is retailing a canned cold brew with 10 milligrams of CBD.

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