Insights and Stories on Legalization

Sep. 20, 2018 at 2:02 pm CDT

Reuters — Canada’s Aurora Cannabis said Thursday it plans a U.S. listing of its shares in October, as it looks to cash in on strong investor appetite for marijuana producers. Interest has boomed in Canada’s marijuana companies ahead of legalization of recreational cannabis in the country next month. Several U.S. […]

By Reuters

Feb. 16, 2018 at 2:03 am CST

Ottawa | Reuters — The sale of legalized recreational marijuana in Canada, which has already been pushed back once beyond the planned July start date, is set to be delayed even further, government officials said Thursday. The ruling Liberals are sparring with the upper Senate chamber, where a draft law […]

By Leah Schnurr

Feb. 6, 2018 at 8:15 pm CST

Ottawa | Reuters — Recreational marijuana in Canada will only go on sale a few months after it is legalized later this year because the new retail system needs time to start working properly, Health Minister Ginette Petitpas Taylor said Tuesday. The Liberal government says the new law must be […]

By Reuters

Oct. 30, 2017 at 5:04 pm CDT

Reuters — Constellation Brands has bought a nearly 10 per cent stake in Canadian cannabis producer Canopy Growth Corp. for about $245 million, making it the first major wine, beer and spirits producer to invest in legal cannabis. The move by the maker of Corona beer and Svedka vodka comes […]

By Gayathree Ganesan, siddharth-cavale

Apr. 13, 2017 at 8:28 pm CDT

The federal government is set to decriminalize cannabis possession and use and to allow limited home-grown pot plants starting in mid-2018, while sticking close to the existing licensing system for wholesale-level production. The government on Thursday introduced the Cannabis Act, which will allow adults — that is, ages 18 and […]

By Staff