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(CanniMedTherapeutics.com)
Crops

Aurora, CanniMed to form Canadian weed giant

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Two major players in the Canadian medical marijuana market are set to create one of the world’s biggest pot production firms in a friendly $1.1 billion cash-and-stock deal. Edmonton-based Aurora Cannabis announced an agreement Wednesday in which it will ante up on its previous hostile bid for CanniMed Therapeutics and buy all the shares of
(Newstrike.ca)
Crops

Cannabis firm Aurora in talks to buy both CanniMed, Newstrike

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Toronto | Reuters — Canadian marijuana producer Aurora Cannabis is in talks with rivals CanniMed Therapeutics and Newstrike Resources to buy both businesses in a friendly deal that would create the nation’s top weed company, people familiar with the matter told Reuters on Friday. The deal signals an easing of tensions following an offer in
(Newstrike.ca)
Crops

CanniMed asks regulators to step in on hostile bid

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Reuters — Medical marijuana company CanniMed Therapeutics has asked federal regulators to intervene as it seeks to prevent a hostile takeover by bigger rival Aurora Cannabis Inc. Saskatoon-based CanniMed said Monday it asked the Financial and Consumer Affairs Authority of Saskatchewan and the Ontario Securities Commission to declare that Aurora’s move to take its buyout
Local governments direct questions, including questions about legal marijuana, to provincial ministers during the Association of Manitoba Municipalities convention in Brandon.
Local news

Municipalities have questions on cannabis rollout

Municipalities have less than a month to say ‘yea or nay’

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Municipalities are scrambling after news that the province expects them to make a decision on cannabis by Dec. 22. Blaine Pedersen, minister of growth, enterprise, and trade, announced Nov. 28 that municipalities must decide if they will allow marijuana sales by the December deadline. “It’s tight timelines and we sort of apologize for that, but
Editorial, Opinion

Editorial: Green tape

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Hipsters and hippies across the country are set to celebrate cannabis legalization this coming Canada Day. The Trudeau government is on track for legalizing this recreational drug by that date, one of the highest-profile promises made during the last election campaign. That’s likely a good thing. While any recreational drug, alcohol included, is a problem
A illegal marijuana grow operation in the RM of Rockwood, east of Balmoral, Man., in June 2017. (Photo courtesy Stonewall RCMP)
Crops

StatsCan to add marijuana economic impact to GDP data

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Ottawa | Reuters — As Canada gears up to legalize recreational marijuana, the country’s statistics agency said on Tuesday it will begin measuring the economic impact of the current illegal use and production of the drug and add it to growth data. Statistics Canada said it will begin tallying the production and sale of cannabis
(CanopyGrowth.com)
Crops, Markets

Constellation hedges bets on pot boom with Canopy stake

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Reuters — Constellation Brands has bought a nearly 10 per cent stake in Canadian cannabis producer Canopy Growth Corp. for about $245 million, making it the first major wine, beer and spirits producer to invest in legal cannabis. The move by the maker of Corona beer and Svedka vodka comes as Canada and a growing
(MLGreenworld.com)
Crops

Toronto exchange may delist marijuana firms with U.S. operations

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Toronto | Reuters — Canada’s TMX Group, operator of the Toronto Stock Exchange, said on Monday that it might delist stocks of marijuana companies with interests in the U.S., where their operations are illegal under federal law. TMX disclosed its plans as Canadian securities regulators said companies must disclose any connection to the U.S. marijuana
Close up of a pile of marijuana bud
Comment

Weeding out what is missing

Ontario’s approach to marijuana distribution is full of unknowns and ambiguity

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Ontario has become the first province to define how it intends to sell non-medicinal marijuana to the public. Around 150 stores across the province will open and will be operated by a division of the province’s liquor board, the LCBO. Marijuana won’t be sold alongside wine or liquor, but in separate, independent stores, as was

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