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Quebec cannabis corporation names interim CEO as Bergeron heads to Loto-Québec
MONTREAL – The Quebec cannabis corporation has appointed Paul Furfaro interim president and CEO, replacing Jean-François Bergeron, who has departed to head Loto-Québec. Furfaro joined the corporation, known as the SQDC, about three years ago and became director of branch…
Since the nose doesn’t know pot is now legal, K-9s retire
RICHMOND, Va. (AP) — Asking dogs to follow their noses won’t work anymore in states that have legalized marijuana. As Virginia prepares to legalize adult possession of up to an ounce of marijuana on July 1, drug-sniffing police dogs from…
Hexo to buy Redecan for $925 million as hunt for more cannabis market share continues
Hexo Corp. has announced a deal to buy cannabis producer Redecan for $925 million as the pot company continues its hunt for market share. Ottawa-based Hexo said Friday that it has agreed to pay $400 million in cash and $525…
Michigan bills look to tighten the definition of marijuana
LANSING, Mich. (AP) — Legislation to close a gap in Michigan marijuana law that has allowed some untested products similar to marijuana to be sold passed Thursday in the state House. The legislation would include all THC products in the…
Pennsylvania governor pardons eye doctor who grew marijuana for sick wife
HARRISBURG, Pa. (AP) — Gov. Tom Wolf on Wednesday pardoned an eye doctor who said he began growing marijuana to help his dying wife reduce her use of opioids. Dr. Paul Ezell, 65, of Delaware County outside Philadelphia, served six…
New Mexico proposes new rules for recreational pot growers
SANTA FE, N.M. (AP) — New Mexico on Tuesday took its first major regulatory steps toward legal production of recreational marijuana, publishing lengthy proposed ground rules for cannabis businesses that outline future licensing fees, quality controls, audit requirements and criminal…
Aurora Cannabis moves to Nasdaq from NYSE in cost cutting effort
EDMONTON – Aurora Cannabis Inc. says it has moved its stock exchange listing to the Nasdaq Global Select Market from the New York Stock Exchange today. The Edmonton-based cannabis company says transferring the listing to the Nasdaq is part of…
South Okanagan cannabis company hopes to start growing magic mushrooms this fall
A South Okanagan cannabis growing facility is hoping to add magic mushroom production this fall. Way2Grow Biopharma Corp., located in the Osoyoos industrial park at a former RCMP storage site, currently has three cannabis licenses for been growing, cultivating and selling…
Hexo eyeing private label strategy as it charts U.S. expansion
Hexo Corp. is mulling a private label strategy as part of its U.S. expansion. The chief executive of the Ottawa-based cannabis company said Thursday that he’s considering approaching multi-state operators in the U.S. to partner on Hexo-powered private label brands.…
Alabama governor signs medical marijuana legislation
MONTGOMERY, Ala. (AP) — Alabama Gov. Kay Ivey signed medical marijuana legislation Monday as conservative opposition to the issue gradually faded after decades of debate. The program will allow people with one of 16 qualifying medical conditions, including cancer, a…
Illegal cannabis grow op in Shuswap raided by RCMP
Mounties found cannabis plants, suspected cocaine, magic mushrooms, cash and a loaded handgun after executing a Cannabis Act search warrant near Salmon Arm late last week. In a press release, Salmon Arm RCMP said they executed a search warrant at…
Samuel Adams-maker to launch cannabis beverages subsidiary in Canada
BOSTON – The maker of Samuel Adams beer and Truly Hard seltzer is moving into Canada’s cannabis beverages market. The Boston Beer Co. says it will create a subsidiary to serve as a Canadian research and innovation hub for non-alcoholic?cannabis…
Hexo to buy 48North in deal valued at $50 million
Hexo Corp. will try to boost its market share with a $50-million deal to buy 48North Cannabis Corp. Ottawa-based Hexo said Monday that purchasing Toronto-based 48North will bring the company closer to its goal of achieving a top two position…
Mississippi justices toss voter-backed marijuana initiative
JACKSON, Miss. (AP) — Mississippi will remain in the minority of states without a medical marijuana program after the state Supreme Court on Friday overturned an initiative that voters approved last fall — a decision that also limits other citizen-led…
Aurora Cannabis reports $164.7 million loss in Q3, launches cost efficiencies plan
Aurora Cannabis Inc. is on the hunt for savings again after reporting a $164.7-million net loss in its latest quarter. The Edmonton-based company unveiled Thursday a plan to accelerate between $60 million and $80 million in annualized cost efficiencies over…