Category Archives: CANADA

Supply glut could limit upside for Canadian cannabis stocks

Supply glut could limit the upside for Canadian cannabis stocks Valuations of Canadian cannabis stocks are sky high on expectations Canada will become the Silicon Valley of recreational pot. If approved by the House, recreational cannabis sales would start this summer. Barron’s cover story this weekend asserts there are holes in the bull case: Stocks trade…

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MANITOBA INTRODUCES CANNABIS HARM PREVENTION ACT

Legislation Would Provide Tools to Government, Enforcement and Public Health During Transition of Federal Legalization of Marijuana: Stefanson Buz Investors CANNABIS HARM PREVENTION ACT The Manitoba government is introducing new legislation that would be focused on harm reduction and public safety as part of its ongoing preparation for federal legalization of marijuana, Justice Minister Heather Stefanson…

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The Trudeau Deception – His stance on legal marijuana

“Federal Liberal Party Leader Justin Trudeau is a neo-conservative with better public relations than his counterpart Stephen Harper…. In fact, aside from his stance on legal marijuana, there is essentially no difference between him and Harper…The only thing that separates Trudeau from the other candidates is his stance on legalization. But what Trudeau is advocating is not the end of prohibition, it’s just a different version of it.” – Dan Dicks https://youtu.be/RmZtjiHCY0s

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The Public Opinion in the Legal Cannabis Industry

NEW YORK, January 24, 2017 /PRNewswire/ — www.Financialbuzz.com – The cannabis market is one of the fastest growing industries in the United States as eight more states had legalized cannabis for medicinal use in 2016. In addition, Proposition 64, the California Cannabis Legalization Initiative, was passed by a vote of 57.13% for and 42.87% against on…

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Canadian marijuana stocks spike after a federal task force on legalized recreational marijuana

Tweet Canadian marijuana stocks spike after a federal task force on legalized recreational marijuana recommended storefront and mail-order sales to Canadians 18 years and older, with personal growing limits of four plants per person. The framework report, headed by former federal Liberal cabinet minister Anne McLellan, says recreational marijuana should not be sold in the same…

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Pot smokers feel ‘cheated’ by Prime Minister Justin Trudeau

Recreational marijuana users who worked hard to elect Prime Minister Justin Trudeau now feel “cheated” by his support of a police crackdown on storefront dispensaries, a cannabis industry spokesperson says. Abi Roach, a director with the Cannabis Friendly Business Association, said marijuana consumers helped the federal Liberals gain a majority government based on an expectation that he would allow small businesses to sell weed legally to recreational users. Trudeau has promised to introduce legislation designed to legalize pot in the spring. The crackdown that has…

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Seven states say Yes to marijuana, so now what’s in it for Canada?

While Donald Trump was winning one of the biggest upsets in American political history, other ballot measures were quietly tallying wins alongside the Donald. Americans in 7 states have now voted to enact legislation that will, to varying degrees, legitimize marijuana for medical and/or recreational purposes. With a combined market value estimated at US$7.4 billion annually,…

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Shoppers Drug Mart formally applies to distribute marijuana, but there will have to be rule change first

TORONTO – Shoppers Drug Mart has applied for a licence to dispense marijuana to patients with a prescription, a potentially significant source of revenue for the drugstore giant. O Cannabis Read Postmedia’s national series looking at the future of marijuana in Canada and what it means for the nation In a statement, spokeswoman Tammy Smitham said…

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