TORONTO , Aug. 24, 2015 /CNW/ - At a special meeting held today, shareholders of Bedrocan Cannabis Corp. (BED.V) ("the Company" or "Bedrocan") overwhelmingly approved the proposed plan of arrangement (the "Arrangement") involving the acquisition by Tweed Marijuana Inc. (TWD.V) ("TMI" or "Tweed") of all of the issued and outstanding common shares of Bedrocan. The Arrangement remains subject to the final approval of the Superior Court of Justice of Ontario at a hearing scheduled to be held on August 26, 2015 and subject to satisfaction or waiver of all other conditions specified in Bedrocan's management information circular dated July 20, 2015 .

Economic turmoil in China, the world’s second-largest economy andtop consumer of industrial metals, has hit commodity prices hard. For the smaller players in the mining industry, that’s made business difficult, and the future uncertain. The solution for some? Enter a booming field that’s relatively unaffected by China and has plenty of upside: marijuana. A recent Reuters report lists a number of companies that have made the switch:

TORONTO – When Sarah Stuive first got into the natural pest control business – which uses predatory insects, or “good bugs,” to weed out pests – she never expected to be working with cannabis plants.

But thanks to Health Canada regulations that limit the use of chemical pesticides on medical marijuana in order to make sure the plants are safe for consumption, the biological control specialist says she’s seeing an uptick in business.

“I have seen a lot of growth in demand since the start of the cannabis industry,” said Stuive, who works for Global Horticultural and also provides her services to vegetable farmers and plant growers. “It’s a new alternative to chemicals.”

Colorado, a US state known for its liberal regulation of cannabis, is now going to host the Crypto Cannabis Conference on October 24th & 25th, 2015. The organizers expect the attendance from the best minds in the cannabis industry who will discuss the pros and cons of Bitcoin for the cannabis industry.

Also read: Bitcoin XT Blocks are Being Mined on the Network Right now

Steve and Andrew DeAngelo are two of the best-known names and most-recognizable faces in the cannabis industry.

The bros started Harborside University hospital in Oakland, California, nearly a years back and opened a 2nd area in San Jose not long after that, producing among the biggest dispensary operations in the nation.

Now, the DeAngelos are seeking to reinforce their presence in the cannabis market by opening extra locations– all under the Harborside banner.

“We have growth strategies, both in other states and in California,” said Steve DeAngelo, who is seen by many as the godfather of the marijuana market. “All the western markets that we can legally operate in interest us.”

As you know, the National Hockey League is very protective of its trademarks, lest anyone think lesser about their Toronto Maple Leafs dog toy tosser. 

So the last thing the NHL would want is to be associated with something as destructive and nefarious – according to the cinematic classic “Reefer Madness” – as marijuana. (Although 'drinking tubes" that looked like bongs were OK for a while.)

LOS ANGELES -- Graffiti-tagged buildings, barricaded doors and iron-barred windows mark nearly every block of Avalon Boulevard as it cuts through the predominantly Hispanic neighborhood of Wilmington, 20 miles south of downtown Los Angeles.

The streets are lined with small mom-and-pop shops - clothing stores, a piñata shop, garages and small, family-owned restaurants - and a clutch of illegal medical marijuana dispensaries, some located within feet of each other.

Other nearby dispensaries are shuttered with signs announcing 'closed,' 'for lease' and 'for rent' - the result of the city's most recent attempts to close the door on L.A.'s robust illegal medical marijuana industry. But when one dispensary closes, it usually opens somewhere else, police say.

Fifteen years after medical marijuana was legalized in Nevada, Clark County’s first retail dispensary plans to open to the public Monday.

Euphoria Wellness, 7780 S. Jones Blvd., will begin selling to patients at 10 a.m. Monday. To help contend with expected high demand, only 250 people who have pre-registered will be allowed to buy marijuana and cannabis-infused products on each of the first two days.

On Wednesday, the dispensary will be open to any licensed cardholder, of which there are about 9,500 statewide. Medical marijuana cardholders from other states also will be able to shop at Nevada dispensaries.

Is the marijuana economy the secret weapon in the battle of the sexes? As Gogo Lidz puts it in Newsweek's latest cover story, "It seems fitting that a plant called Mary Jane could smash the patriarchy. After all, only female marijuana flowers produce cannabinoids like THC...And women are moving into the pot business so quickly that they could make it the first billion-dollar industry that isn't dominated by men."

Licensed growers and would-be growers dial back expectations as illegal dispensaries and home growers continue to flourish