BUSINESS
Title: Looming Canadian Regulatory Change Keeps Hemp Investment Interest High
Author:
Date: 8 December 2017
Extract: Interest in hemp-derived products is driving increasing investment and M&A activity in the sector, according to financial news sources.
Title: Canopy Growth Inks Big Supply Deal
Author: Green Market Report
Date: 8 December 2017
URL: https://www.greenmarketreport.com/canopy-growth-inks-big-supply-deal/
Extract:
Canopy Growth Corporation (TWMJF) and the Province of Newfoundland and announced on Friday that they have entered into a supply and production agreement. Canopy Growth will supply 8,000 kg of high-quality cannabis products annually for the first two years of the deal – making it one of the largest deals to date.
According to the statement, Canopy Growth will establish a new production facility in Newfoundland and Labrador capable of producing 12,000 kg per year, bringing 145 jobs in an emerging sector and major capital investment to the region. It is the largest provincial cannabis supply agreement announced to date and will assure a regulated supply of cannabis for Newfoundlanders and Labradorians as the country prepares to legalize adult use heading into the legal adult access market.
Another Canadian medical marijuana producer inks pharmacy deal
Manitoba’s Delta 9 strikes deal to raise CA$20M for cannabis cultivation and retail
CBD manufacturer buys stake in Canadian maker of hemp, MJ pharma products
NOVA SCOTIA
Nova Scotia, Canada Releases Provincial Cannabis Industry Regulations
Title: Nova Scotia announces marijuana will be sold through NSLC and online
Author: CBC.CA
Date: 7 December 2017
URL: http://www.cbc.ca/news/canada/nova-scotia/nova-scotia-pot-plans-released-1.4436079
Extract:
The provincial government announced Thursday that pot will be sold through certain Nova Scotia Liquor Corp. outlets and online when recreational marijuana is expected to become legal in Canada next year.
The legal age to use, possess or purchase marijuana will be 19, the legal drinking age in Nova Scotia, Justice Minister Mark Furey said at a news conference.
People will be allowed to have up to 30 grams for personal consumption. They will also be allowed to grow up to four plants per household.
PRINCE EDWARD ISLAND
Prince Edward Island, Canada Release Cannabis Rules & Public Opinion Survey Results
