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January 14, 2019 9:16 PM Marijuana producer Canopy Growth granted hemp licence in New York

Cannabis products with higher levels of tetrahydrocannabinol, or THC, remain listed as restricted drugs by the U.S. federal government. Canopy says it will source hemp exclusively from U.S. farmers for its U.S. operations once up and running. Canopy Growth says it’s in the process of evaluating a number of sites that will become one of its first extraction 534

January 8, 2019 11:02 PM U.S. firm building a ‘cannabis superhighway’ plans to list in Canada

“Our timeline to get through to that point is probably another 30 to 45 days or so,” he said. Karban declined to say how much MJIC expects to raise but said the listing would be followed by a “much broader, bigger offering.” MJIC said its superhighway will create the infrastructure to legally transport, distribute and sell marijuana amid a thicket of regulations 145

January 5, 2019 9:59 PM Vancouver’s first two licensed marijuana retailers open for business

Both companies had to jump through extensive regulatory hoops, even as illegal retailers continue to operate across in the city. British Columbia has lagged behind other provinces in issuing non-medical cannabis retail licences, which must first be approved by the province, then referred to local governments or Indigenous communities for approval 143

December 13, 2018 11:59 AM Pot unites Democrats, Republicans as ex-party chiefs join Tilray

Other members of the company’s International Advisory Board include the former foreign ministers of Germany, Joschka Fischer, and Australia, Alexander Downer, Tilray said in a statement. Tilray isn’t the first pot company to enlist prominent ex-pols. John Boehner, Speaker of the House from 2011 to 2015, and former Canadian Prime Minister Brian Mulroney 157

December 4, 2018 4:03 PM As Altria eyes pot, Philip Morris CEO ignores peer pressure

Philip Morris International Inc. is keeping clear of the burgeoning pot market for now, in contrast with U.S. tobacco giant Altria Group Inc., which has begun talks with a Canadian marijuana producer. “I don’t think it’s our priority right now to consider cannabis,” chief executive officer Andre Calantzopoulos said in an interview at Bloomberg’s New York offices 149

November 19, 2018 4:41 PM Toronto stock market lower, while U.S. stocks also down, Loonie down

Canada’s main stock index was in the red in late-morning trading, weighed down by losses in energy and financial stocks, while the health-care sector, which includes the big marijuana companies, also lost ground. In New York, the Dow Jones industrial average was down 295.11 points at 25,118.11. The S&P 500 index was down 31.78 points at 2,704.49, while 111

November 15, 2018 6:00 PM Marijuana startup backed by John Boehner goes public in Canada

“We humbly believe we’re leading that hunt,” Murphy said in an interview. “We intend to maintain that pole position.” Murphy made his initial weed investment in 2011, putting money into a medical cannabis company in Maine. Acreage has since acquired licenses in Massachusetts, California, New Jersey, Florida, New York and other states. It’s jockeying 107

November 13, 2018 9:48 PM B.C.-based pot producer Tilray reports revenue surge, net loss

NANAIMO, B.C.— B.C.-based cannabis producer Tilray reported an 85 per cent jump in quarterly revenue year-over-year to US$10 million, but a wider net loss during its third quarter. The Nanaimo-based company posted a quarterly net loss of US$18.7 million during the three months ended Sept. 30, compared to US$1.8 million in the third quarter of 2017. Analysts 109

November 12, 2018 1:42 PM Aurora Cannabis reports first-quarter profit and sales up from year ago

The average net selling price $9.19 per gram in the quarter, up 12 per cent compared with a year ago, boosted by an increase in cannabis extracts sold. Aurora noted the revenue for the quarter included about $600,000 from its initial shipments received by provinces in the final days of September ahead of the legalization of recreational marijuana in Canada 106

November 10, 2018 12:05 AM Will you still need me, will you still feed me, when I change my age to 64?

Then again, it’s never wise to superimpose a North American sensibility on the Dutch. These impossibly gorgeous people cycle around like kamikazes without helmets and pump fries with mayo into their svelte bodies. They live in an enchanted land where tulips and windmills coexist in perfect harmony. The Dutch were about four decades ahead of the curve 185