EDMONTON — Municipalities in Alberta are to get a new source of revenue next year when commercial cannabis producers start paying property taxes. Municipal Affairs Minister Kaycee Madu says cannabis growers will no longer be classified as agricultural businesses and so won’t qualify for a tax exemption. The change is to come into effect in the 2020 tax […]
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Mystery has embraced concern amidst the vape epidemic which has left over 2, 000 patients hospitalized and taken the lives of over 30. A finger has been consistently pointing at one toxin that has made itself apparent. Vitamin E acetate, or a-tocopherol, has been poised as an incredible hazard when smoked or vaporized. It has […]
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TORONTO — Neil Young says his cannabis use has cast a cloud over his application to become a dual citizen in the United States. The legendary singer-songwriter and proud Canadian says in a statement on his website that he recently applied for American citizenship so he could vote in the 2020 presidential election. Young says […]
TORONTO — Cannabis company Cronos Group Inc. reported a profit in its third quarter, boosted by a large gain in derivative liabilities, as revenue grew to $12.7 million. The company says its net profit amounted to $788 million or 53 cents per diluted share for the quarter ended Sept. 30. That compared with a loss of […]
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MONCTON, N.B. — Shares in Organigram Holdings Inc. fell in early trading after the cannabis company said its fourth-quarter net revenue is expected to be lower than what the company saw in its third quarter. The cannabis producer’s shares were down 56 cents or nearly 13 per cent at $3.90 on the Toronto Stock Exchange […]
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TORONTO — Canadian securities administrators have issued a reminder to the cannabis industry about the need to properly disclose potential conflicts of interest. The guidance released by seven provincial securities regulators comes after they say staff observed inadequate transparency related to cross-ownership of financial interests by cannabis companies and directors during mergers, acquisitions and other significant transactions. Regulators say the cannabis […]
TORONTO and DENVER, Nov. 12, 2019 (GLOBE NEWSWIRE) — MJardin Group, Inc. (“MJardin” or “the Company”) (CSE: MJAR) (OTCQX: MJARF), a leader in premium cannabis production, is pleased to announce that it has entered into a partnership with Robes Inc. (“Robes”), a luxury cannabis brand house focused on bringing exotic and rare strains to Canadian consumers. Under the […]
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Tilray (NASDAQ: TLRY) is helping insiders cash out 20% of their shares while talking up a new two year lockup agreement with those same insiders.
The quality of your buds may not be conclusively and simply determined from clean white ash. And yet, cannabis consumers “know” good weed never burns black. Dark ash seems to be a more apt description than the simple white burn. In fact, the black ash headache effect is in itself infamous among consumers. Degraded headaches […]
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There are quite a few parallels between the sex industry and the cannabis industry. The puritan approach of the past failed simply because both industries are made up of everyday people, not criminals. As a result, the government has tried to create realistic regulations that will protect those most vulnerable. Instead, they failed and made […]
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