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Tag: Marijuana

Thailand becomes 1st country in Southeast Asia to legalize medical marijuana

BANGKOK — Thailand’s legislature on Tuesday agreed to amend the country’s drug law to allow the licensed medical use of marijuana, as well as kratom, a locally grown plant traditionally used as a stimulant and painkiller. Thailand is the first country in Southeast Asia to take such action, which is also under consideration in neighbouring Malaysia....
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Expect ‘sold out’ signs at pot shops across Canada, Aphria warns

TORONTO — Licensed cannabis producer Aphria Inc. warned on Friday of product shortages in both brick-and-mortar stores and online sales portals across the country when recreational pot is legalized in a few days. There are “supply chain issues abounding everywhere with every LP,” said Aphria’s chief executive Vic Neufeld told analysts. “There will not be...
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CannaRoyalty buys vape store chain 180 Smoke in $40M deal

Ottawa-based CannaRoyalty is buying 180 Smoke – a vape shop chain with 15 outlets in Ontario – in a $40 million deal, the marijuana company said Thursday. CannaRoyalty said in a statement it is purchasing 180 Smoke for $25 million, and an additional $15 million upon completion of certain targets by Dec. 31, 2020. “The...
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Canadian military imposes restrictions on use of recreational marijuana

OTTAWA — The Canadian military has unveiled new restrictions on when service members can use recreational marijuana — and warned those in uniform could face disciplinary action or charges if they fail to comply. The restrictions and warning are contained in a new policy released Friday, in which defence chief Gen. Jonathan Vance says military...
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In or out? How some Ontario municipalities are reacting to Ford’s pot shop plan

While most Ontario municipal politicians are in wait-and-see mode over the province’s one-time chance to opt out of permitting cannabis stores within their boundaries, some mayors have already made up their minds. Canada’s largest province abruptly changed its marijuana sales model Monday, paving the way for privately-run, bricks-and-mortar stores but delaying their debut until April...
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Pot-based medical pet products closer to fruition as research grows

TORONTO – Canadian pets are a few steps closer to getting their paws on pot-based medical treatments in Canada as more cannabis companies research marijuana’s efficacy for companion animals. Canopy Growth Corp. is the latest medical marijuana company to enter the potentially lucrative pet market with its announcement this week that it will embark on...
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Canadian cannabis giants eye South America as next big market

Canadian cannabis companies are focusing on South America as their major next expansion market amid the early stages of a broad global push to secure new areas of growth beyond their home base. Canadian marijuana producers Aphria Inc. and Canopy Growth Corp. are increasingly turning their attention to a market that counts 600 million potential...
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