Four pieces of legislation detail province’s personal-use rules, which will allow homegrown marijuana.

The Government of Newfoundland and Labrador has introduced more of its plans for the legalization of cannabis, including allowing the growing of plants at home.

Four pieces of legislation were revealed Monday and are being debated this week — the last week scheduled for the spring session of the House of Assembly.

“I expect it’s going to be a very long week in the House,” Progressive Conservative MHA Paul Davis said after highlighting some of his lingering questions to reporters, while raising more later in the day on the House floor.

One of Canada’s biggest cannabis production companies has passed another milestone with the establishment of its 10th licensed production facility.

Canopy Growth Corp. of Smiths Falls announced it has partnered with Montreal-area tomato greenhouse operator Les Serres Stéphane Bertrand to grow cannabis for the Quebec market.

The new joint venture, called Les Serres Vert Cannabis, received a cultivation licence from Health Canada on May 25. Les Serres Stéphane Bertrand, which grows organic tomatoes, will convert its 700,000-square-foot greenhouse in Mirabel, Que., into a cannabis production facility that’s initially licensed to grow pot on 40,000 square feet of space.

Investors may have anticipated a rally in Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) stock on May 24, as the eldest-listed Canadian cannabis company’s equity units debuted trading on the New York Stock Exchange, but there wasn’t to be as much joy for its investors as there was for Cronos Group Inc. (TSX:CRON)(NASDAQ:CRON) investors when it listed on the NASDAQ market in February. Cronos Group stock rallied as much as 36% in its first week of trading the NASDAQ, as American investors welcomed a marijuana listing on a major U.S. exchange for the first time ever, and it was to be expected that…

Resolution asks for even playing field for small micro growers.

The B.C. Chamber of Commerce has debated and passed a motion brought forward by the Kimberley Chamber of Commerce and the Columbia Valley Chamber of Commerce relating to the cannabis industry .

It reads; “The BC Chamber recommends that the provincial government:

1. Take measures to protect the interests of existing cannabis businesses by providing market access to micro license applicants.

Whitecourt Town council discussed land-use regulations regarding cannabis legalization during its policies and priorities meeting on May 22.

Council voted 5-1 to proceed with the recommendations to add the word “cannabis” for Retail – General and Retail – Hilltop Commercial in the land-use bylaw. The Town will also be hosting a public hearing for these specific changes.

The meeting dealt with cannabis regulations for retail, production facilities and medical offices. Council will address public consumption at a later date.

Retail

Investors continue to be transfixed by Canada’s marijuana sector, even as names like Canopy Growth (TSX:WEED, NYSE:CGC) and Aurora Cannabis (TSX:ACB) remain well off their record highs set back in January.

And while rec pot’s legalization may be just around the corner, there are still too many unknowns, says David Cockfield, Managing Director at Northland Wealth Management, who claims that the smart investor should resist temptation and stay clear of the still-evolving space.

Thousands of cannabis industry professionals, investors and consumers descended on Toronto this past weekend for the third annual Lift & Co. Cannabis Expo.

The Lift & Co. Toronto Expo is Canada’s biggest and best-attended cannabis industry tradeshow, catering to patients, consumers, industry professionals, investors and media. The energy at this year’s event was particularly high as we are mere weeks from the Canadian government’s promised country-wide legalization. Matei Olaru, CEO of Lift & Co. said they expected over 15,000 people to walk through the doors of the convention center to attend the expo.

All eyes are on Canada as the country is hopefully set to legalize recreational marijuana in all territories on this summer, which has some investors hoping for another run on pot stock prices.

Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED, NYSE: CGC) is pleased to announce that Dr. Mark Ware, a leading researcher in the cannabis field for decades, will join the senior leadership team at Canopy Growth as the Company's Chief Medical Officer commencing July 1st, 2018.

Investing in the marijuana industry can have intoxicating effects. Unless you’re an experienced trader or speculator who’s only investing money they’re willing to part with, you’ll likely go through an emotional rollercoaster ride the moment you purchase a considerable amount of shares for your portfolio. The staggering amounts of volatility that pot stocks exhibit will probably either cause you to either be in a state of euphoria or a state of panic depending on the short-term movements of day-to-day stock price movements. The magnitude of the up or down movements are ridiculously high; as such, it shouldn’t come as a…

Investing in the marijuana industry can have intoxicating effects.