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Canopy Growth, Cointreau settle lawsuit over Quatreau beverage line
SMITHS FALLS, Ont. – Canopy Growth Corp. and its U.S. subsidiary have settled a trademark violations lawsuit orange liqueur company Cointreau Corp. was pursuing against the cannabis firms. A recent New York court filing shows all parties voluntarily agreed to…
‘Magic mushroom’ psychedelic may help heavy drinkers quit
The compound in psychedelic mushrooms helped heavy drinkers cut back or quit entirely in the most rigorous test of psilocybin for alcoholism. More research is needed to see if the effect lasts and whether it works in a larger study.…
BCGEU strike a boon for illegal weed dealers: Okanagan Cannabis Collective
Vernon cannabis store owner Sarah Ballantyne says the shelves of her store are almost empty. "I'm out of vape, edibles and CBD oil," Ballantyne said. Ballantyne owns Spiritleaf Vernon and is now in her second week without a delivery. The…
Stigma against psychedelics could fade with decriminalization in B.C.: experts
Decriminalization of some hard drugs in British Columbia could help reduce stigma around psychedelic substances that have medicinal value, but have been caught up in the war on drugs, experts say. "The war on drugs is one of the main…
Pot company SNDL to acquire the Valens Company in all-stock transaction
CALGARY – Pot shop owner SNDL Inc. says it will acquire cannabis manufacturer the Valens Company Inc. and combine the businesses in an all-stock transaction it valued at $138 million. Under the deal, SNDL will acquire all of the issued…
Kamloops lawyer accused of hiding cash of unlicensed cannabis company
A Kamloops lawyer is being accused of using his trust account to disguise funds paid to him from an unlicensed cannabis company. Nickolaus Harold MacDonald Weiser is facing multiple allegations from the B.C. Law Society that he committed professional misconduct.…
Cannabis stores grapple with delivery stoppage as BCGEU workers go on strike
British Columbian cannabis stores are bracing for emptier shelves after a strike stopped the province's pot distribution centre from shipping out product. The British Columbia General Employees' Union (BCGEU), which represents about 33,000 public-service workers across B.C., set up picket…
North Dakota recreational pot measure approved for ballot
BISMARCK, N.D. (AP) — Supporters of legalizing recreational marijuana in North Dakota have succeeded in bringing the matter to a public vote in November. The group, New Approach North Dakota, submitted more than the required 15,582 valid petition signatures to…
Hundreds of pot shops to receive deliveries after cyberattack on partner: OCS
TORONTO – Ontario's cannabis wholesaler says hundreds of pot shops will start receiving product deliveries over the next few days as it restarts systems turned off because of a cyberattack on one of its logistics partners. The Ontario Cannabis Store…
OCS capping pot shop orders and changing delivery window after partner’s cyberattack
TORONTO – Ontario's cannabis wholesaler is temporarily capping the number of products retailers can order and expanding its delivery window as it works through a backlog caused by a cyberattack on its logistics partner. The Ontario Cannabis Store said in…
Pot shop owners worry they’ll lose customers if halt on OCS deliveries stretches on
TORONTO – Pot shop owners say they're worried they will lose customers and run out of product if a halt on Ontario Cannabis Store deliveries stretches on. The stores said Tuesday they have been left with no other choice but…
Alberta pot shops now allowed to take down window coverings after robberies
EDMONTON – Alberta's cannabis regulator will allow pot shops to take down window coverings after a spate of robberies. Alberta Gaming, Liquor and Cannabis Commission (AGLC) says it has removed portions of its retail cannabis store handbook that prohibit pot…
Ottawa on track to spend $200M per year on cannabis for veterans
Ottawa is reimbursing a record number of veterans for medical marijuana, with new figures showing the federal government shelled out more than $150 million in the last fiscal year — more than double the amount just three years ago. And…
Canopy Growth sees $2B net loss as Ontario cannabis company takes large writedown
Canopy Growth Corp. executives argued the company is advancing toward profitability, even as it booked a $1.72 billion non-cash writedown that contributed to a net loss of more than $2 billion during its most recent quarter. "Maybe our aspirations have…
Price matching, loyalty programs adding to race for lowest cannabis prices
TORONTO – It's hard to miss the smattering of cannabis store signs aiming to lure in customers with deep discounts and flashy membership programs along the stretch of Front Street East leading to Toronto's St. Lawrence Market. Outside Civilian House…