Cannabis culture goes mainstream

Rade Kovacevic of Canopy Growth talks about the marketplace a year after legalization and where his company will go next

Cannabis culture goes mainstreamRade Kovacevic is president of Canopy Growth Corp. What is Canopy Growth and what does it do? Kovacevic: Our story began in an abandoned chocolate factory in a rural Canadian town. From that humble start, where we began serving Canada’s medical cannabis market, Canopy Growth has become a world-leading, diversified, cannabis company traded on the…

Cannabis use by Canadian seniors on the rise

About 578,000 Canadians reported trying cannabis for the first time in the past three months: StatsCan

Cannabis use by Canadian seniors on the riseBy Troy Media A report released on Wednesday by Statistics Canada says cannabis use is less common among seniors than it is in other age groups but consumption has been accelerating at a much faster pace than it has among other age groups. The report said seniors use is seven per cent compared with 10…

Choklat and Namaste bring cannabis edibles to new level

Meni Morim and Brad Churchill talk about the two companies’ new partnership and what the future holds

Choklat and Namaste bring cannabis edibles to new levelMeni Morim is CEO of Namaste Technologies and Brad Churchill is CEO of Choklat. The two have partnered. Tell me what Choklat is and what it does? When it started and where it's located? Churchill: Choklat is a luxury “bean to bar” chocolate maker and chocolatier. Where other chocolatiers buy chocolate and make their confections,…

Westleaf’s first Prairie Records cannabis store licensed in Alberta

Westleaf’s first Prairie Records cannabis store licensed in AlbertaCalgary-based cannabis company Westleaf has received a licence from Alberta, Gaming, Liquor and Cannabis for its first Prairie Records branded retail store in Alberta. The store is at 4420 17th Ave. S.E. in Calgary. “This is a small but significant step in our development as a full spectrum cannabis company, with seed-to-sale operations,” said Adam…

Biopharma company to create 50 new jobs in Leduc

Construction of a new facility to be built in Leduc is expected to be completed in nine to 12 months

Biopharma company to create 50 new jobs in LeducBy Emilie Charette Reporter Troy Media One of Calgary’s neighbours to the north, Leduc, will soon be home to a 25,000 SQF research and manufacturing facility for Polar Bear Genome (PBG) BioPharma Canada Corporation, a biopharmaceutical company. “We are very excited to have made the first step towards building a fully licenced GMP manufacturing and…

The high social cost of allowing human indulgences

You don’t discourage bad behaviour by making it easier and more pleasant to engage in. Except Canadians have when it comes to gambling and drug use

The high social cost of allowing human indulgencesNot long ago, governments prohibited behaviour that was bad for its citizenry, like gambling and smoking pot. But now, government seems to encourage it, to the detriment of society. In gambling, those insufficiently aware of statistical probabilities are induced to lose money to those with a deeper knowledge of the odds – a sort of…

Couche-Tard invests millions in cannabis company Fire & Flower

The Edmonton-based cannabis company said the initial $26-million investment accelerates its pace of growth

Couche-Tard invests millions in cannabis company Fire & Flower  Convenience store operator Couche-Tard plans to make a significant investment in Edmonton-based cannabis company Fire & Flower. Couche-Tard’s initial investment is for 9.9 per cent equity in Fire & Flower for close to $26 million, with potential to increase that stake in the near future to 50.1 per cent for more than $380 million. “Fire…

Westleaf to supply $4M of cannabis derivative products to Delta 9

Westleaf to supply $4M of cannabis derivative products to Delta 9Westleaf Inc. announced on Wednesday that its subsidiary, Westleaf Labs LP, has entered into a white-labelling agreement with Delta 9 to supply approximately $4 million of cannabis derivative products from its large-scale extraction and manufacturing facility in Calgary. Calgary-based Westleaf said the contract will begin on Oct. 1, subject to receipt of final licence approval…

Cannabis company Sundial Growers acquires U.K. company

Intends to use parts of these facilities to cultivate hemp and cannabis

Cannabis company Sundial Growers acquires U.K. companyCalgary-based cannabis company Sundial Growers Inc. acquired U.K.-based Bridge Farm Group with plans to produce and sell high-quality CBD products globally. In a news release, Sundial said Bridge Farm is a market-leading producer of ornamental plants, flowers and herbs in the United Kingdom. It operates three growing facilities with 1.5 million square feet and plans…
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