Category: Breaking News

A) Week in Review: 5 business takeaways from the launch of Canada’s recreational marijuana market
B) What does legal cannabis mean for Canada’s marijuana political parties?
C) Cannabis Shortages Already Happening In Canada
D) First Stoned Driving Citation Issued One Hour After Legalization

MJ Biz Reports… Former Canadian Prime Minister Brian Mulroney plans to join the board of New York-based Acreage Holdings, becoming the latest political heavyweight affiliated with the multistate marijuana company. Mulroney – prime minister from 1984 to 1993 – will join a board stacked with political and corporate veterans, including…..

Aurora Cannabis Inc. (TSX: ACB) announced this morning that the company will be debuting its common shares on the New York Stock Exchange (“NYSE”), which will begin trading on October 23, 2018. In conjunction with this move Aurora will delist its shares from the OTCQX stock exchange in the United States.

“It’s absurd that you can buy tequila or gin from a supermarket but marijuana is illegal,” Podemos leader Pablo Iglesias said.

The expected slew of stories and information has arrived like a tsunami. Here are a few mildly interesting pieces.

The new figures related to Operation Silverdrift are contained in the latest WA Police annual report, which was tabled last week.

All hell or maybe heaven is going to break out soon..

The Mounties have strict rules and regs, the Senate doesn’t have a formal policy and it appears MP’s don’t know what they can or can’t do.

Independent David Leyonhjelm has failed to cultivate support for his private bill to legalise recreational cannabis reports the Australian Associated Press.

Two more MPs have declined to say whether they’d be likely to vote in favour of legalising recreational use of marijuana. On Thursday, AM Show host Duncan Garner put the question to Police Minister Stuart Nash, who said he was still on the fence.

Employers are required to do what they can to accommodate medical marijuana users as well as those addicted to pot but that doesn’t give employees carte blanche to show up at work stoned, Ontario’s Human Rights Commission said on Thursday.

A little more draconian than other provinces… “The big day is quickly approaching. On Wednesday, Oct. 17, recreational cannabis will be available for purchase across Canada.  Ottawa left it to provinces to create their own regimes controlling how marijuana would be produced and distributed on their territory. And Quebec has opted for some of the most restrictive laws in the country. “

“A week from now, Canada Post will be delivering plain packages containing pot to residents across Ontario. The Crown corporation has the contract to deliver weed for the government’s online store that opens for business Oct. 17, the day recreational cannabis is legalized across the country.” Reports the Ottowa Citizen

Here’s the latest update on border control…Ganjapreneur report, “The U.S. Customs and Border Protection Agency (CBP) has announced that Canadians who work in the legal cannabis industry will generally be allowed to enter the United States. However, cannabis industry workers will not be allowed if they are coming to the U.S. on an industry-related visit.”

MJ Biz report.. Under the deal, Denver-based MJ Freeway and MTech (Nasdaq: MTEC) will become subsidiaries of a newly created company temporally dubbed Pubco. That name that will change before the firm is listed, company officials said. The merger, which is subject to approval by equity holders of each company, is slated to close in early 2019, the firms announced in a news release Thursday.

They write…..And when you consider that the investments made so far by these beverage companies, touches primarily the beverages sub category, then you start to get a sense of the magnitude of the overall edibles market.

The company says they will be growing medical cannabis in Uganda, the minister responsible says this is not the case.

In a show of solidarity opposing the ban, top-ranking members from three major Washington cannabis advocacy organizations released a joint statement vigorously opposing the ban. The statement, issued by Washington CannaBusiness Association Executive Director Vicki Christophersen, The Cannabis Alliance Executive Director Lara Kaminsky, and the Cannabis Organization of Retail Establishments Executive Director Brooke Davies, is the first of its kind for the state. Reports Ganjaprenuer.

The Trump Administration plans to address federal cannabis reforms after the midterm elections, Sen. Dana Rohrabacher (R-California) told FOX Business this week. Sen. Rohrabacher said the White House gave “a solid commitment” to address the issue. He didn’t specify how far the reforms might go — whether it could be as far as rescheduling or even descheduling the cannabis plant, for example — but, Sen. Rohrabacher noted, President Trump said on the campaign trail that he was in favor of federally legalizing medical cannabis and leaving adult-use legalization up to individual states to decide.