The Saskatchewan Liquor and Gaming Association selected the operators for the province’s 51 cannabis retail store permits.  More than two-thirds of these successful applicants are from Saskatchewan or have operations in the province.

Receiving the Weyburn permits will be Torrance Aitken of Weyburn and Compass Cannabis Clinic, which operates in B.C. and Alberta.

Cirque du Soleil co-founder Guy Laliberté is getting into the cannabis business.

Laliberte’s Groupe Lune Rouge has announced the purchase of 12.85 per cent of Ontario firm 48North Cannabis.

Lune Rouge says in a statement it has assessed the market and believes there is growth potential in the medical cannabis sector.

48North was known as Kramer Capital until this week.

The 12.85 per cent stake represents 10 million shares, and Lune Rouge also has warrants to acquire an additional 9,550,909 shares that would boost its interest to 22.4 per cent.

Laliberté founded Lune Rouge in 2015 with the aim of promoting innovation, creativity and entrepreneurship.

Operation and security will adhere to the Access to Cannabis for Medical Purposes Regulations.

Municipal Affairs and Environment Minister Andrew Parsons will have just over a month to make a decision on a Clarenville medical marijuana facility proposed by Ralph Duffitt.

According to a bulletin issued by the Department of Municipal Affairs and Environment today, June 7, the project has been registered for an environmental assessment.

As previously reported by The Packet, the Clarenville businessman has filed an application with Health Canada for a license to grow and produce medical marijuana at 72 Marine Dr.

With marijuana set to be legalized in Canada, the market for retail office space has lit up big time in Red Deer.

Jeremy Makila with RE/MAX Commercial in Red Deer says businesspeople are coming from far and wide to snatch up what’s currently available with the hopes of opening up a retail cannabis store.

“You’re seeing some spaces leased up that likely would’ve sat a bit longer if it weren’t for this almost artificial rush. There are no new industries that come out that would cause this. To have an influx like this is very artificial in the market,” he says.

One example of this is a company from Toronto that has been creating cannabis-infused drinks.

It’s now working with wineries and breweries keen to try new technology.

Hill Street Beverage Co. is a producer of alcohol-free and cannabis-infused wines and beers. They are now looking to take it a step further. The company is partnering with Vin First Innovative Packaging, Cannabis Compliance Inc. and Lexaria Bioscience Corp. to refine its cannabis-infused drinks.

Health Canada has authorized Hill Street as a licensed dealer, so the company will be using Lexaria Biosciences Corp. technology to produce cannabis-infused beverages at Vin First’s facilities.

Of the 104 existing Access to Cannabis for Medical Purposes Regulations (ACMPR) licences in Canada, over 75 per cent are in either Ontario or British Columbia.
This means more than 50 per cent of Canadians don’t have access to locally produced cannabis products. With recreational cannabis legalization looming later this year, that could be viewed as a problem.

But for Biome Grow, an arm of Toronto-based Jacob Capital Management, it represents an opportunity in Atlantic Canada.

“We realized pretty early on … that being local will afford you certain privileges which supplying product out of Ontario will not,” says Khurram Malik, a Jacob Capital partner and its head of research. “What we like to do is build local ecosystems in the provinces we are in.

Here's everything you need to know about this game-changing cannabis vote.

After a very, very long wait, the big day is finally here. After 14 months of debate, speeches, and voting on various amendments, today, Thursday, June 7, Canada's Senate will be voting on whether or not to pass bill C-45, or as the bill is more commonly known, the Cannabis Act.

It is no secret that Canadians are looking forward to legalizing recreational marijuana, and Canadian entrepreneurs are simply blown away by the amount of money and opportunities this market is giving.

Canada is just a few weeks away from legalizing recreational cannabis, after having medical cannabis legal for over 15 years now. It is a good time to be an entrepreneur, especially if you are looking to start running a weed business in Canada.

Deloitte has recently published a survey which was focused on the legalization which is soon to happen, and how Canadians are going to behave once legal weed hits the streets.

BLOCKSTRAIN TECHNOLOGY CORP. (the "Company" or "BLOCKStrain") (TSXV: DNAX) is pleased to announce that cannabis pioneer Derek Pedro has agreed to join the Company's Advisory Board.

Mr. Pedro was a co-founder and Master Grower at Maricann Group Inc., an early Licensed Producer under the Access to Cannabis for Medical Purposes Regulations (ACMPR), and is currently the Design, Cultivation and Production Partner at WeedMD Inc., where he designed and supervised construction of that company's production facility in Ontario.

Aphria Inc. says it's raising $225 million to pay for new and expanded cannabis facilities in Canada, as well as potential global expansion and acquisitions.

The Leamington, Ont.-based cannabis producer says some of the funds will go towards a new $55 million extraction facility that will use a variety of methods to produce concentrated cannabis products like oils.

The company says the modern facility, which will be able to process more than 200 tonnes of cannabis annually, will help it prepare for what's expected to be a significant product category.