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U.S. CBD company Charlotte’s Web signs deal with Canadian cannabis company Tilray
LEAMINGTON, Ont. – Charlotte's Web Holdings Inc. has signed a deal with Tilray Brands Inc. for the manufacturing, marketing and distribution of Charlotte's Web CBD hemp extract products in Canada. Financial terms of the agreement were not immediately available. The…
Kelowna cannabis company gets creditor protection
Kelowna-based cannabis company Flowr has been granted creditor protection after reporting heavy losses for the last 18 months. The cannabis company owes dozens of companies more than $7.3 million and was granted creditor protection at the Ontario Supreme Court Oct.…
B.C. child taken to hospital after getting cannabis candy: Police
Richmond RCMP is urging parents to double-check the candy their kids collected on Halloween after a child inadvertently consumed a cannabis candy. According to Richmond RCMP media release, a child was taken to hospital after becoming sick from accidentally eating…
Canopy warns Nasdaq objects to plans for U.S. holding company, could delist pot firm
SMITHS FALLS, Ont. – Canopy Growth Corp. is warning a U.S. holding company it wants to set up could be delisted from the Nasdaq stock exchange, which is objecting to some of its plans. The Smiths Falls, Ont. cannabis company…
Canopy Growth looks to grow U.S. business with new holding company structure
Canopy Growth Corp.'s share price surged more than 27 per cent as it announced it will fast track its plans for the U.S. market with the creation of a new U.S.-domiciled company meant to hold its cannabis investments made south…
Cronos Group, former exec agree to pay fines as part of SEC, OSC settlements
TORONTO – Cronos Group Inc. and one of its former executives signed settlements Monday with U.S. and Canadian regulators that accused them of filing inaccurate financial statements. The Toronto cannabis company said the settlements ended a pair of investigations being…
The Green Organic Dutchman signs deal to merge with BZAM Cannabis
TORONTO – The Green Organic Dutchman Holdings Ltd. (TGOD) has signed a deal to merge with BZAM Holdings, a privately owned cannabis company. The companies say the deal combines TGOD's market strength in Quebec and Ontario with BZAM's strength in…
Province cracks down on Indigenous pot shop in South Okanagan
The authorities took action against an unlicensed pot shop in the South Okanagan this morning. The Pot Doctor, which sells cannabis from a shop on Highway 97 north of Oliver, had a visit from members of the Ministry of Public…
Former CannTrust leaders plead not guilty to securities offences
TORONTO – Three former CannTrust Holdings Inc. leaders have pleaded not guilty to quasi-criminal charges related to thousands of kilograms of cannabis found growing in unlicensed rooms operated by the company. Peter Aceto, Eric Paul and Mark Litwin, the pot…
Uber Eats to process cannabis deliveries in Toronto through new Leafly partnership
Toronto cannabis shoppers will be able to request cannabis deliveries through Uber Eats starting Monday. The food delivery platform owned by U.S. tech giant Uber Technologies Inc. announced a partnership with online marijuana marketplace Leafly on Sunday that will see…
Tough ruling against former cannabis execs could send message: experts
TORONTO – Industry observers say cannabis companies' future regulatory compliance is at stake as a case against three former leaders of CannTrust Holdings Inc. begins. Charges were first laid by the Ontario Securities Commission in June 2021, about three years…
Thompson-Okanagan pot growers optimistic about this year’s outdoor harvest
B.C.’s outdoor cannabis growing season is reaping the rewards of our amazing, sunny autumn. Temperatures in Kamloops and the Okanagan are forecasted to reach into the 20s for another week, with overnight temperatures remaining above the frost level – so the…
Biden offers pardons for pot possession, signals deeper reform for U.S. cannabis laws
WASHINGTON – President Joe Biden is pardoning people convicted under federal law of possessing marijuana — and signalling that he's willing to revisit whether cannabis should remain a controlled substance in the United States. In a pre-recorded video released unexpectedly…
Farm-to-gate cannabis sales approved in B.C.
B.C. cannabis farmers will soon be able to cut out the middleman without breaking the law. The province is bringing a “producer retail store licence” into effect on Nov. 30 to allow growers to sell non-medical marijuana from a store…
Medical marijuana committee reports support in Kentucky
FRANKFORT, Ky. (AP) — An advisory committee set up this year by Gov. Andy Beshear reported that many Kentucky adults favour legalizing medical marijuana, Beshear's office said Friday. The Democratic governor formed the Medical Cannabis Advisory Committee after a bill…