OTTAWA — The growth of Canada’s soon-to-be-legal recreational pot industry is starting to create a small buzz among job hunters. The job website Indeed has released new numbers that show cannabis-related searches, while still small, were more than four times higher last month compared to the year before.
EDMONTON - Fire & Flower, a corporate retail cannabis store, announces that it has been selected in the Saskatchewan Liquor and Gaming Commission's lottery draw to operate a cannabis retail store in Yorkton, Saskatchewan.
Recent quarterly results from Molson Coors Brewing Co. (TSX:TPX.A)(TSX:TPX.B)(NYSE:TAP) and Anheuser Busch Inbev NV (ADR) (NYSE:BUD) have indicated a continuation in the recent trend of a softer North American beer market.
Legal pot is just around the corner, so it’s high time Canadian insurers shore up their stance and strategy towards the drug. The insurance industry has had a number of years to get used to the idea of legal marijuana for recreational use. During Justin Trudeau’s 2015 election campaign, the Liberal Party vowed to introduce the measure and are since making good on their intentions.
From bongs to bath bombs, hundreds of Cannabis-related items were available at the first ever National Cannabis Conference at the Victoria Conference Centre. The busy event hosted speakers, vendors from across the country, and attendees ranging from veteran Cannabis users to the Cannabis-curious.
Smiling millennials, sleek packaging, talk of personal journeys: Canadian pot companies are revving up the marketing. Aphria Inc., the country’s third-largest pot producer with a market value of $2.5 billion, unveiled its first recreational brand Tuesday ahead of legalization of marijuana later this year. Called Solei Sungrown Cannabis, the brand “demystifies cannabis and allows current and novice users alike to enrich their cannabis journey,” Megan McCrea, Aphria’s vice president of marketing, said in a presentation at a Toronto restaurant.
There will be “heartache and tears” as the cannabis sector consolidates, according to a Canopy Growth Corporation executive. Tim Saunders, EVP & CFO, said his firm, which has raised more than $1 billion from the public and private markets, is well positioned to capitalise and told skeptical advisors to do their homework on the firms involved and ignore the headlines.
For Adam Dodek, it was high time the University of Ottawa offered classes on cannabis law. Starting next year, the school's law faculty will offer up two courses in the emerging field — making the U of O the first Canadian university to do so. Dodek, the school's dean, said the forthcoming legalization of marijuana will have far-reaching consequences, and future lawyers need to be prepared.
Toronto-area medical marijuana giant MedReleaf Corp. is snapping up an Exeter-area greenhouse in a multimillion-dollar deal and all goes as planned, the Markham-based marijuana grower will harvest its first crop in Exeter by early next year.