British Columbia

Synonyms: 
BC
B.C.
Wed
06
Dec

Government faces balancing act on marketing, packaging of legal marijuana

David Brown's marijuana marketing students are often shocked to learn how difficult it is to -- well -- market marijuana.

Advertising medical cannabis is essentially banned in Canada, with some exceptions. Restrictions on recreational weed are set to be a bit looser, but Brown still advises students to think of the constraints as opportunities.

"These limitations can really aid in creativity. Marketing weed isn't difficult, but marketing a highly regulated cannabis product is a lot more of a challenge," said Brown, an instructor in Kwantlen Polytechnic University's cannabis professional series.

Wed
06
Dec

Who knew legalizing marijuana could be so complicated?

There's a reason provincial governments in this country are freaking out about having to meet next summer's deadline for legalizing pot: They're finding it a complete and utter nightmare.

There's so much to consider. Who can grow it? How will it be retailed and marketed? What level of taxation will be applied?

How will new laws associated with a million and one different aspects of legalization be enforced? Who covers those costs? What happens when someone's dog dies after eating a neighbour's marijuana plant?

And that barely scratches the surface.

"The scope of it is unbelievable," B.C. Solicitor-General Mike Farnworth said in a recent interview.

Tue
28
Nov

The rivalry between Canopy Growth Corp. and Aurora Cannabis is heating up

There is a battle brewing between two of the world’s largest licensed marijuana producers and this is a development that investors need to watch.

Canada has been leading the legal medical marijuana movement taking place all over the world and this trend is just getting started. Over the last year, the country has expanded its reach and is now selling medical marijuana to countries like Germany, Australia, the Cayman Islands, Brazil, and more!

Canopy Growth Corp (WEED.TO) (TWMJF) and Aurora Cannabis (ACB.TO) (ACBFF) are Canadian licensed medical marijuana producers and the combined market capitalization of these two firms is north of $6.5 billion!

Mon
27
Nov

10 Milestones for Aurora Cannabis in 2017

Aurora Cannabis (ACB.TO) (ACBFF) has been one of the hottest cannabis investments over the last month and the shares are up more than 150% during this time.

While this rally seems significant, we remain bullish on Aurora and favorable on the long-term outlook. The Canadian medical marijuana producer has been nothing short of an execution story and the company continues to execute and work to create value for its shareholders.

Today, we have highlighted what we believe are Aurora’s 10 most significant investments and acquisitions.

Mon
27
Nov

Aurora's BC Northern Lights and Namaste Technologies sign supply agreement

Aurora Cannabis Inc.  and Namaste Technologies Inc. ("Namaste") are pleased to announce that Aurora's wholly owned subsidiary BC Northern Lights ("BCNL") and Namaste Technologies have signed a Hardware Supply Agreement (the "Agreement") whereby Namaste will be the first third-party distributor to sell BCNL's premium home cultivation systems and accessories through its online technology platform.

Fri
24
Nov

Aurora Cannabis acquires leading global greenhouse design firm Larssen Ltd.

Aurora Cannabis Inc. announced today that the Company has signed a definitive agreement for the acquisition of 100% of the issued and outstanding shares (the "Acquisition") of Larssen Ltd ("Larssen"). The terms of the transaction are undisclosed, but include performance-based milestone payments, such as those related to profitability metrics, as well as certain Aurora standards.

Larssen, a Canadian company that has set the industry standard in high-tech, automated, environmentally controlled greenhouses for over 30 years, has consulted on the design, engineering, and construction oversight of many of the world's most advanced greenhouse cultivation facilities.

Fri
24
Nov

Washington state tells British Columbia not to worry about legal weed as Canada releases draft rules

The Canadian federal government has released its proposed cannabis regulations ahead of the planned July 2018 deadline to legalize recreational cannabis across the country, reports CBC News. These regulations will control the licensing, tracking and security, and packaging and labelling of recreational cannabis, while also imposing new rules for medical and cosmetic cannabis products.

But as the date for legalization draws near, many Canadians have voiced fears over whether legalization will increase crime or increase children's access to the drug. In a recent meeting with British Columbia Premier John Horgan, Washington Governor Jay Inslee advised Canadians to ignore these fear-mongering rumors.

Wed
22
Nov

7 Cannabis companies with exposure to emerging international markets

From Canada to Germany, the legal cannabis market continues to be one of the most attractive investment opportunities.

Over the last year, we have seen Canadian medical marijuana producers laser focus on international opportunities, most notably Germany following the medical cannabis law.

With over 80 million adults in Germany and with health insurance coverage for cannabis, the medical market could prove to be larger than that in Canada and we expect exports to become a more significant contributor to company sales in the coming quarters.

6 Cannabis Producers Focused on International Markets

Tue
21
Nov

Local company makes 'biggest marijuana sale in BC history'

A local company says it has made the biggest marijuana sale in BC history.

Delta-based Zenabis has signed a Memorandum of Understanding with the province of New Brunswick to supply all its recreational pot, once it’s legalized, calling it the largest deal of its kind in Canada and a first for BC.

“This is a huge deal. We were approached by the province of New Brunswick to supply them with cannabis in order to be prepared for the recreational market,” says Zenabis Business and Communications Manager May Nazair.

“What this means is approximately $40 to 50 million in revenue and we are looking at four million grams of cannabis annually,” she tells NEWS 1130.

Wed
15
Nov

Aurora Cannabis to acquire CanniMed Therapeutics

At the request of IIROC, Aurora Cannabis Inc. (TSX: ACB) ("Aurora") announced today that it has submitted a proposal (the "Proposal") to acquire all of the issued and outstanding common shares of CanniMed Therapeutics Inc. (TSX: CMED) ("CanniMed").

The proposal was delivered to the Board of Directors of CanniMed on November 13, 2017 and Aurora is seeking to pursue a mutually agreed upon combination with CanniMed. CanniMed has not yet engaged in active discussions with Aurora, however, Aurora welcomes the opportunity to do so, such that CanniMed's shareholders can benefit from the significant inherent value in the Proposal.

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