Alberta

Thu
20
Sep

Canada: Alberta won't permit cannabis lounges until edible products are regulated

Albertans hoping to spark up in a cannabis cafe or lounge will have to wait until edible cannabis products are regulated, says the province. In a statement, the province said while they await more information on an easy-to-eat pot product, they will be ready to regulate brick-and-mortar consumption sites at a later date.

Health Canada has set a prospective date of July 2019 for the sale of edible marijuana products. Ward 3 Coun. Jyoti Gondek said a lack of government communication has caused issues that could have been prevented.

Thu
13
Sep

University of Alberta lays out new cannabis rules, including designated consumption areas

The University of Alberta is embracing Canada’s legalization of cannabis.

For many colleges and universities, the idea of cannabis on campus is a nonstarter. Where cannabis laws don’t expressly forbid consumption or possession of marijuana at schools, school administrators have set clear policies prohibiting them.

In the United States, these bans are so strict that they often prevent students with illness from bringing and taking their medicine at school, and have thus prompted legal challenges. In Canada, however, universities are taking a more progressive approach.

Tue
05
Jun

Alberta poised to lead Canada's retail cannabis sector amid impending federal legalization

New entrepreneur Shaun Baid is feeling excited about his prospects these days. Mr. Baid, a Calgary accountant who was laid off last year amid the energy sector downturn, is now working with three partners to open a cannabis retail store.

“It’s super exciting times, all across the country, but especially here in Alberta,” said Mr. Baid, chief financial officer of Kush Collective. “It feels like Alberta is where this whole gold rush is going to happen.”

That’s because Alberta’s NDP government has adopted a private model for cannabis retailers, following in the footsteps of the province’s private liquor retail model. (Online cannabis sales will be government-run in Alberta.)

Mon
09
Apr

Canada: Tech companies aim to reduce red tape woes for cannabis retailers

With an already established medical market, and the prohibition on its recreational market lifting soon, Canada's cannabis industry is growing fast, but retail shops could still face some hurdles when it comes to point of sale regulation.

According to Andrew Kim, chief technology officer for Greenline POS (point-of-sale), there will be strict regulations around something known as batch tracking.

“That’s where a product will come in, shipped in from the government to your store, and each of those will be bar-coded,” he said. “You’ll need to know where everything is, where and when everything is sold, and all of those need to be compiled into a report that the provincial and federal governments will require.”

Thu
01
Mar

Cannabis Wheaton Income Corp. and Sundial sign agreement for $7 million in debt financing

Cannabis Wheaton Income Corp. (TSX-V:CBW) ("Cannabis Wheaton" or the "Company") is pleased to announce that it has entered into a definitive agreement whereby the Company has provided Sundial Growers Inc. ("Sundial"), an Alberta-based Licensed Producer, with $7,000,000 in non-dilutive debt financing by way of an instrument evidencing a debt obligation repayable by either the payment of a buy back amount or the delivery of cannabis product (the "Note").

The proceeds of the Note will be used by Sundial to add to its current funding for the construction of a new 545,000 square foot state of the art cultivation facility to be located in the Town of Olds, Alberta.

Tue
27
Feb

Canada: Radient Technologies Inc. announces master services agreement with medical cannabis supplier Bonify

Radient Technologies Inc. ("Radient" or the “Company”) (TSX-V:RTI) announces the signing of a Master Services Agreement (the “Agreement”) to produce a variety of cannabis extracts for Bonify (“Bonify”), a private, Manitoba-based Canadian-Licensed producer of medical cannabis.

Under the terms of this Agreement, Radient will use its proprietary microwave-based extraction platform and decades of extraction expertise to deliver “Extraction as a Service” to Bonify, an innovative, quality-driven Authorized Licensed Producer of Cannabis for Medical Purposes.

Thu
22
Feb

Canada: Calgary council panel wants to ease rules for locating cannabis stores

Some councillors are recommending the city relax proposed rules governing where cannabis stores can operate in Calgary.

A proposal by staff to restrict the proximity of cannabis stores to schools, child-care centres, liquor stores, payday loan businesses and pawn shops was debated at a council committee Wednesday that attracted a sizable audience of industry representatives to council chambers. 

Committee members elected to drop post-secondary institutions from a rule preventing cannabis stores from setting up shop within 150 metres of schools.

Thu
08
Feb

Canada: Prohibition is best answer to cannabis in condos, legal expert says

Alberta condominium boards that  fail to make their buildings cannabis-free before marijuana is legalized risk sparking serious discord within their properties, says a lawyer who specializes in condominium law.

The legalization of recreational cannabis is rife with potential problems for property managers, said Robert Noce.

Condo boards, and landlords responsible for multi-unit buildings would be wise to nip the problem in the bud, before the summer deadline, he said. 

"In order to minimize conflicts, you've got to go with total prohibition," Noce said in an interview with CBC Radio's Edmonton AM.

Mon
05
Feb

Canada: Aurora Cannabis buys stake in Liquor Stores N.A. Ltd., plans cannabis stores

Aurora Cannabis Inc. has signed a deal to buy a minority stake in Liquor Stores N.A. Ltd., which plans to launch a brand of cannabis retail stores.

Under the deal, Aurora will acquire a 19.9 per cent stake in the company for $103.5 million through a non-brokered private placement.

It will also have an ability to increase its interest in Liquor Stores up to 40 per cent with an additional investment.

Liquor Stores plans to use the money to establish and launch a brand of cannabis retail outlets.

The retailer says it will convert some of its existing stores into cannabis outlets and establish new locations.

Wed
31
Jan

Canada: World's biggest licensed cannabis facility gets green light to grow

The world’s largest licensed cannabis facility just got the green light to start growing right outside of Edmonton.

Aurora Sky, the 800,000-square-foot greenhouse located on the Edmonton International Airport land, received its Health Canada cultivation licence Monday.

“We are excited as can be,” said Cam Battley, Chief Corporate Officer of Aurora Cannabis.

The greenhouse is still under construction but has several grow rooms prepared to get rolling as early as this week.

“We are ready to start growing right away,” Battley said.

“We’re anticipating our first harvest in the second calendar quarter of this year, and completing the entire 800,000 square feet by this summer.”

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