Ontario

Fri
15
Jan

Pot entrepreneur joins rush to open shops in hot Toronto market

Don Briere already runs the biggest chain of illegal marijuana dispensaries in the country, with 19 locations throughout B.C. Now, he’s expanding eastward, inking deals to open six pot-shop franchises in Toronto.

Sent to prison for once heading British Columbia’s biggest network of marijuana grow operations, Mr. Briere is just one of dozens of entrepreneurs rushing to take advantage of Toronto’s rapid rise as a centre for the illegal storefront sale of cannabis.

Fri
15
Jan

Marijuana tax revenue paying for sidewalks, schools in Colorado. Why not here?

The gym rats who join the still-under-construction recreation centre in central Denver, Colo., will owe their workouts to weed smokers.

In Pueblo County, south of Denver, students will soon be able to walk to school on a sidewalk paid for by marijuana tax revenue, or apply to the world's first cannabis-funded scholarship program.

"We're taking dollars that were previously going to drug cartels in Mexico and using them to provide opportunity and education to the next generation," says Pueblo County Commissioner Sal Pace. Elected officials there recently approved the use of $2.5 million U.S. in pot taxes to fund a mix of community projects.

Thu
14
Jan

Canada: MP office receives package containing marijuana

Northumberland-Peterborough South MP Kim Rudd wasn’t in her Cobourg office when a post-New Year’s present arrived last week: a plastic bag containing marijuana.

Rudd is just the latest in a series of MPs across the country whom author Dana Larsen has written, including in his package a copy of his book, Cannabis in Canada: the Illustrated History, plus some of the actual topic of his book, in dried form.

Rudd’s communications director Jamie Simmons told Northumberland Today in an interview they had heard “someone was sending marijuana to MPs.”

Then the local MP’s office received a call from a person who asked itf it had arrived yet.

“Within a couple of days it showed up,” he said.

Tue
12
Jan

Shifting cannabis production from BC to Ontario

British Columbia stands to lose a $2 billion market if legal marijuana production space shifts from BC to Ontario

By Aaron Bockner

Mon
11
Jan

Ontario marijuana grower 'ready to expand' under Liberals

As Ottawa prepares to legalize recreational marijuana, the 27 companies licensed to grow and sell medical pot in Canada are getting ready to cash in.

Ontario grower Tweed is among those planning to expand. The company grows about one-quarter of all medical marijuana sold in Canada, on the site of a former chocolate factory in Smiths Falls, Ont.

“This facility is ready to expand to meet a growing market,” President Mark Zekulin told CTV’s Richard Madan, while offering a tour of the facility Friday.

Zekulin said he expects Canada to take “a slower, more prudent approach” than the U.S. state of Colorado, which legalized the drug in 2012 and immediately allowed it to be sold in many retail locations.

Mon
04
Jan

Plan to break into Innisfil marijuana factory goes up in smoke

It didn’t take long for police to arrest five burglary suspects trying to break-in to a medical marijuana production facility Monday thanks to a surveillance system at the Cookstown company.

Employees at AlternaMedz Canada Inc., which is staffed around the clock, were able to describe the suspects’ vehicle to officers as the attempted break-in was happening.

The presence of employees on site scared off the burglars, police say.

The employees called police for help at about 12:17 a.m.

South Simcoe Police tracked down five suspects, who were wearing disguises at the time of the break-in, about one-kilometre from the scene of the crime.

The men were arrested and the vehicle was seized.

Thu
31
Dec

Beleave Announces Listing on the Canadian Securities Exchange

TORONTO, ONTARIO--(Marketwired - Dec. 30, 2015) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR THROUGH U.S. NEWSWIRE SERVICES

Tue
22
Dec

MedReleaf Corp. Becomes the First and Only ISO 9001:2008 Certified Licensed Producer of ...

MedReleaf Corp. Becomes the First and Only ISO 9001:2008 Certified Licensed Producer of Medical Cannabis in Canada MedReleaf
Posted on: 22 Dec 15

MedReleaf is now the first and only medical cannabis producer in Canada to be officially certified an ISO 9001:2008 company, solidifying their position as a leader in quality assurance within the industry. This latest accomplishment is not only a Canadian first, but also a rare achievement in the cannabis production space anywhere in the world.

Tue
22
Dec

39% of young adults in Ontario would smoke pot if feds legalized drug: Poll

More young adults in Ontario say they would smoke marijuana if the federal government legalizes the drug, according to a new public opinion poll.

The provincewide survey, released exclusively to the Star by Forum Research, found that 29 per cent of respondents aged 18 to 34 reported using weed in the past year. But 39 per cent of people in the same demographic said they would likely take the drug if it were legal.

Forum president Lorne Bozinoff said the increase was not unexpected, given that young people generally have a more permissive attitude toward pot.

Mon
21
Dec

Jacob Securities to shut down

Jacob Securities Inc. is shutting down, making it the second small Canadian broker dealer to announce plans to get out of the business this week alone.

In an interview, founder Sasha Jacob cited the “regulatory burden” and “extraordinary cost structure” of being an Investment Industry Regulatory Organization of Canada (IIROC) member as a major reason for the firm’s struggles.

“Quite frankly the costs of maintaining retail and a trading desk ... have been a bit of a distraction and a drain on the firm” he said.

On Friday, IIROC announced it had suspended Jacob Securities’ IIROC membership which effectively puts the dealer out of business.  

Pages

Subscribe to RSS - Ontario