Ontario

Fri
23
Feb

StrainprintTM Technologies Ltd. Continues Rapid Expansion, Welcoming Four New Senior Staff Members to the Growing Team

TORONTO, Feb 22, 2018 – Strainprint Technologies Ltd. (Strainprint™) – the leader in cannabis strain data and analytics – is excited to announce the addition of four key senior team members: Jordan Lampert, VP Business Development & Strategic Initiatives, Victoria MacDonald, Director of Business Development, West, Jessica Moran, Director, Marketing & Communications, and Stuart Dicker, Senior Database Architect & Analytics Specialist.

Jordan Lampert

Thu
22
Feb

Ontario opens door to suppliers of all sizes in what will be Canada’s biggest marijuana market

Unlike other provinces, Ontario has yet to lock into supply deals and is opening up its sourcing to all 90 licensed producers across the country.

Ontario’s provincially-run cannabis retailer is open to sourcing product from growers of all sizes across the country, according to a spokesperson for the Liquor Control Board of Ontario.

The approach appears to be in contrast to the one taking hold in provinces such as Quebec, where the government-run Société des alcools du Québec recently opted to sign sizeable recreational cannabis supply agreements with a select few large licensed producers.

It was probably the most LPs that had ever been in the same room together, talking about what's likely to be the world's biggest cannabis retailer

Tue
20
Feb

Canadian cannabis business flies 100,000 plants to Vancouver amid real estate shortage

As big players search for ample enough space to run their businesses, analysts predict that the beginning of legal weed sales in Canada “will be even bigger than the end of prohibition of alcohol."

As the start date for legal recreational weed in Canada looms near, cannabis startups are scrambling to acquire ample real estate to grow enough weed to satisfy the impending demand.

Thu
15
Feb

Who is cashing in on Canada's marijuana 'Green Rush'?

The cannabis growing operation in Smith Falls, a small town southwest of the Canadian capital, Ottawa, is unlike most others in the world.

Occupying 15,600sq metres in a facility that was previously Canada's first Hershey's chocolate factory, thousands of cannabis plants sit across the street from a police station.

But as Canopy Growth Corporation, a publicly traded medical marijuana company, plans to expand to the recreational market in July, the company does not seem bothered by the police presence.

"We have hundreds and hundreds of security cameras here," says Jordan Sinclair, the director of communications for the company.

"We have motion detectors and tremor detectors in the floor," he tells Al Jazeera.

Mon
12
Feb

CannTrust™ Holdings Inc. receives sales license from Health Canada for Niagara Greenhouse

CannTrust Holdings Inc., one of Canada's leading licensed producers of cannabis, is pleased to announce that it has received its Health Canada Sales License for the 250,000 square foot Phase 1 of its 46 acre Niagara Region state of the art cannabis greenhouse production facility. 

10 harvests have now been completed at the Niagara Facility, the 180,000 square foot Phase 2 expansion is currently underway and is anticipated to be completed and in cultivation towards the middle of 2018. In addition, due to its size, the Facility provides the Company with the ability for future expansion.

Mon
05
Feb

Ontario proposal to allow cannabis consumption in hotel rooms could jump-start pot tourism

Ontario’s proposal to allow people to consume marijuana in hotel rooms opens the door to a boom in cannabis tourism, says lawyer Matt Maurer.

Maurer heads the cannabis law group at Minden Gross in Toronto, and says he knows businesspeople who are interested in opening cannabis-friendly hotels and resorts.

Maurer says he was surprised by the province’s proposal to loosen up the ban on consuming cannabis anywhere other than private homes. The government has also asked for public comments on whether to allow cannabis lounges.

Fri
02
Feb

Canada: Lawyers contemplate class action to push government into Cannabis amnesty

At Anthony Morgan’s law office, the calls keep coming: parents of young black men hoping their son’s marijuana possession charge will be wiped clean when the country legalizes the drug this year.

The Liberal government has talked about granting amnesty for past marijuana crimes, but isn’t likely to move until after the new cannabis regime comes into effect this summer.

For black communities across the country, that’s not soon enough — and frustrated lawyers in Toronto are now considering lighting a fire under the feds with a class-action lawsuit.

“There are lawyers who are coming together to consider that as an option if the government is slow,” said Morgan, a lawyer with Falconers LLP in Toronto.

Fri
02
Feb

Marijuana investors get a healthy dose of volatility as shares plunge

Canadian cannabis stocks plunged Thursday to their lowest levels since December, and analysts covering the sector say investors should be ready for more volatility in the weeks to come.

The pain was widespread, with the Canadian Marijuana Index, which tracks 24 leading cannabis stocks, down more than 11 per cent at Thursday’s close.

Shares in Canopy Growth Corp. dropped below $30 for the first time since Dec 29, falling 11.19 per cent to $27.55, while other big-name producers Aurora Cannabis Inc. and Aphria Inc. fell 12.65 and 12.39 per cent respectively.

The steepest dive came from shares in Namaste Technologies Inc., a retailer of cannabis related products, which dropped 21.71 per cent.

Tue
30
Jan

CEO: BMO open to more marijuana deals if firms can pass all the bank's tests

Bank of Montreal is open to more deals with cannabis companies, as long as those firms can get past “traps” in the lender’s due-diligence process, Chief Executive Officer Darryl White said.

The Toronto-based lender became the first major Canadian bank to arrange a stock sale for a firm tied to pot this month when its capital-markets unit helped lead a $200.7-million (US$163-million) equity financing for Canopy Growth Corp. White, in his first public comments about the deal, called the marijuana producer “a bona-fide business operating within the boundaries of the law.”

Mon
29
Jan

Canada: Niagara Falls weighs pros and cons of cannabis tourism

Niagara Falls tourism officials think there's a chance American tourists will cross the border to smoke legal pot.

And they are asking whether the area should try to capitalize on American and other home-grown pot tourists by creating licenced pot lounges.

With the legalization of cannabis deadline approaching, the province is looking at considering allowing licensed cannabis consumption lounges and is asking the public to weigh in on its decision a questionnaire.

As Niagara Falls Tourism Chairman, Niagara Falls Coun. Wayne Thomson was sent the questionnaire to get feedback.

Thomson says he's suggested to the municipality that they become aware of the questionnaire and also to get the feedback from stakeholders in tourism to see what they have to say.

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