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Canada Marijuana News

Tilray to close Leamington cannabis greenhouse operation

WINDSOR, ONT. -- A licenced cannabis greenhouse in Leamington, employing about 120 people will be shutting down operations over the next six weeks. Tilray, Inc. the owner of High Park Gardens announced Wednesday it would be closing its Leamington...

May 29, 2020

Statistics Canada says first-quarter GDP worst showing since 2009

OTTAWA (NEWS 1130) -- Statistics Canada says the economy in the first quarter had its worst showing since 2009 as steps taken to slow the spread of COVID-19 forced businesses across the country to close their doors and lay off workers. Statistics...

May 29, 2020

Legal cannabis contributes CA$2.3 billion to crop receipts in Canada

A growing cannabis industry helped push positive growth in Canada's realized net farm income in 2019, according to new data from Statistics Canada. Canada's national data bureau defines realized net farm income as "the difference between a farmer...

May 29, 2020

Ontario still considering cannabis lounge feedback; 'no timeframe' for changes

Ontario's Ministry of the Attorney General is still considering comments and submissions it received on expanding business opportunities for the regulated cannabis industry - including allowing cannabis consumption cafes and special occasion permi...

May 29, 2020

Study: Public health campaigns can do better on cannabis harm reduction

BUFFALO, N.Y. -- Harm reduction strategies have proven effective for use of opioids, alcohol, and tobacco products. University at Buffalo and University of Michigan researchers say harm reduction techniques also have potential for cannabis users -...

May 29, 2020

Quebec unveils strategy aimed at reducing vaping and smoking over next five years

MONTREAL -- Quebec public heath authorities would like the smoking rate in Quebec to drop by nearly half in the next five years, while preventing young people from vaping. Two days before World No-Tobacco Day (May 31), the Quebec government annou...

May 29, 2020

Work halted at Ontario cannabis greenhouse over COVID-19 infection

Work was temporarily suspended at a cannabis greenhouse in Ontario owned by a one of Tilray's subsidiaries earlier this week after a worker tested positive for COVID-19. The individual, employed through a third-party agency, had been working in a...

May 26, 2020

US pot earnings shine as Canada struggles

Green Thumb Industries Inc. became the first US pot company to generate revenue above $100 million and beat Ebitda expectations for the fifth consecutive quarter. Shares climbed 17 percent Friday. Meanwhile, Canada's Aurora Cannabis Inc., which is...

May 23, 2020

Ontario and Atlantic Canada had the largest spike in anxiety, depression since pandemic began: survey

TORONTO -- A new survey looking into how Canadians' mental health has changed since the start of the pandemic has revealed that Ontario and Atlantic Canada have experienced the largest spike in anxiety and depression. Across all provinces, the nu...

May 23, 2020

Canada Licensed Marijuana Sales Jumped 19% in March

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock an...

May 23, 2020

North American stocks fall on jobless claims, tensions between U.S. and China

TORONTO - Potential U.S. retaliation against China over COVID-19 and continuously high jobless claims pushed North American stock markets lower on Thursday. Tensions between the world's two largest economies have been rising with efforts in the U...

May 22, 2020

Ontario Cannabis Store launches direct-to-door delivery in Ottawa

OTTAWA -- The Ontario Cannabis Store is now promising to deliver cannabis to doors in Ottawa within three days. The crown agency owned by the Ontario Government has announced the expansion of its free, direct-to-door delivery service to Ottawa. Th...

May 12, 2020