Policy

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Thanks to the legalization and the growth of the cannabis industry, small towns that once predominantly relied upon the extraction of natural resources can continue to diversify their local industries by growing cannabis. There is plenty of room in the still growing market, especially for licensed producers and cultivators intent on creating quality cannabis goods for a market whose supply has yet to meet demand.

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In many provinces and territories across the country, cannabis is being treated much like alcohol. In fact, some provinces have the same government agency regulating sales of both. It’s important for those new to cannabis to understand the differences between cannabis and alcohol and to keep those differences in mind when partaking.

Policy

Everyone who has watched the changes to the country’s medical marijuana program over the years knew that the Cannabis Act would face some changes sooner rather than later. It appears that the first change may be upon us. As it stands, recreational dried flower and cannabis oils are taxed at a rate of $1 per … Read more

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April 30th is fast approaching, which means that if you haven’t already, you should probably start on your taxes. As you’re filling out the paperwork and determining which deductions and benefits you are eligible for, here’s some great news from the Canada Revenue Agency. Individuals with a valid physician’s order who purchase legal cannabis from … Read more

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Wondering how legalization has fared so far? Whether the overly rosy or downright bleak predictions have come to fruition? Here’s the latest following the first full quarter of legal cannabis sales in Canada. Cannabis Financial Forecasts: Unknown Sales Figures The first thing many people want to know about Canadian cannabis sales is whether they’ve been … Read more

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Recreational cannabis was only legal for 75 days in 2018, and yet the industry made a big splash. The onset of legalization brought long lines and highlighted supply issues as excited customers quickly emptied retailers’ shelves. While sales numbers for recreational cannabis are still difficult to come by, the latest estimates for legal cannabis sales … Read more

Blog Investing Policy

Legal marijuana has set Canada ablaze. Cannabis stocks are on the rise and Canadian cannabis investors are keeping a lookout for the next great Canadian cannabis company. For many in the cannabis industry, watching the roll-out of national legalization in Canada has been eye-opening. This is especially so for cannabis entrepreneurs and investors in the … Read more

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Canada legalized medical marijuana nationwide 17 years ago. With the country awaiting the rollout of recreational marijuana sales later this month, it’s important to recognize the impact that medical marijuana has had on legalizing recreational marijuana. To start, we’ll look at the history of cannabis prohibition in Canada and then identify the various effects that … Read more

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Medical marijuana has been legal in Canada for 17 years, and yet, most insurers still don’t cover it. Thankfully, the industry is starting to re-evaluate their stance. Here’s the latest on the state of medical cannabis and health insurance in Canada. Current Laws Regarding Medical Cannabis Medical marijuana was legalized in 2001 under the Marihuana … Read more

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The cannabis industry is booming, and it shows no signs of slowing down. The legalization of recreational marijuana, which is set to take effect on October 17th, has many in the industry looking for new employees. Jobs are located across the country and for a variety of different tasks. Previously, Canadian cannabis industry jobs centered … Read more

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Within a few short months, recreational marijuana will be legal in Canada after the Senate passed the historic Bill C-45 (known as the Cannabis Act) on June 19, 2018. Canada is the second nation in the world to establish a nationwide marijuana marketplace. The industry will officially open on October 17, 2018. In 2013, Uruguay … Read more

Blog Investing Policy Production

Cannabis enthusiasts and Canadian cannabis companies alike are heralding the legalization of recreational cannabis in Canada this month. At the same time, it leaves some people wondering what will happen to the medical cannabis market. The Cannabis Act: Passed June 18, 2018 This month, Canada became the second nation in the world to legalize recreational … Read more