Insights and Stories on Cannabis

Oct. 6, 2022 at 6:11 pm CDT

Washington | Reuters — U.S. President Joe Biden took steps to overhaul U.S. policy on marijuana on Thursday by pardoning thousands of people with federal offenses for simple marijuana possession — and initiating a review of how the drug is classified. Biden said thousands of people with prior federal convictions […]

By Doina Chiacu, Jeff Mason

Oct. 3, 2022 at 5:57 pm CDT

In full cost-cutting mode, Canadian cannabis producer Canopy Growth Corp. is set to shed a significant chunk of its vertical integration model by selling off the retail pot shops it owns across the country. Smiths Falls, Ont.-based Canopy announced Sept. 27 it has an agreement in place with OEG Retail […]

By Dave Bedard

Sep. 22, 2022 at 5:34 pm CDT

Ottawa | Reuters — Canada on Thursday launched a review of the country’s legalization of recreational cannabis use four years ago to evaluate its impact on youth, Indigenous minorities and others, and analyze its effect on the economy and the illegal marijuana market. Canada became the first developed nation to […]

By Ismail Shakil

Sep. 11, 2022 at 6:18 am CDT

A major player in B.C.’s greenhouse vegetable sector is about to expand its operations into an Alberta cannabis grow facility — backed by a major investment from the plant’s owner. Aurora Cannabis on Aug. 25 announced a subsidiary is buying a 50.1 per cent stake in Bevo Agtech, the parent […]

By Dave Bedard

May. 17, 2022 at 5:21 pm CDT

MarketsFarm — Accounting for 60 per cent of Canada’s 1,100 cultivation licenses as of 2020, according to Health Canada, Western Canada is the country’s most important region when it comes to hemp production. But while there are more products on store shelves, more cultivars than ever before and high prices […]

By Adam Peleshaty