Quebec

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Thu
19
Aug

The Valens Company achieves significant step toward Quebec market entry

The company received authorization to contract in the province of Quebec from the Autorité des marchés publics.

The Valens Company Inc (TSX:VLNS, OTCQX:VLNCF), a leading manufacturer of cannabis products, announced that it has received authorization to contract or subcontract with a public body from the Autorité des marchés publics (AMP), in Quebec.

The Kelowna, British Columbia-based company said that with this authorization, it can now apply to become a registered vendor to supply goods and services in Quebec. This marks a significant step toward entering the third-largest cannabis market in Canada, representing around 17% of Canadian cannabis retail sales in the country and approximately 22% of the Canadian population,” according to Statistics Canada.

Mon
09
Aug

Puffed out! Canada's legalized weed business flops

Canada's legal weed market has been struggling since legalization in 2018 

Tue
03
Aug

Aurora (TSX:ACB) Stock Is Down $15 From Its Peak in February: Buy Now?

question mark

Optimism among Canadian cannabis producers was high when Democrat Joe Biden won the U.S. presidency in November 2020. Three senators from the party promised legislation in early February 2021 that would end the federal prohibition on marijuana. Weed stocks rallied, including Aurora Cannabis (TSX:ACB)(NYSE:ACB).

From $10.60 on December 31, 2020, the share price soared 126.04% to $23.96 on February 10, 2021. However, the rally didn’t sustain because there’s no significant progress yet to remove marijuana from the federal schedule of controlled substances.

Fri
30
Jul

KDA Group Announces Elixir 420 Update

marijuana leaf

Thetford Mines, Quebec - TheNewswire – July 29, 2021 – KDA Group Inc. (TSXV:KDA) (“KDA” or the “Corporation”) and its wholly owned subsidiary, Groupe Technologique KDA Inc. (“Tech KDA”) are pleased to announce an update on the Elixir 420 software platform (the “Elixir 420 Software Platform”).

Tech KDA is working to complete the development of Elixir 420 Software Platform, its medical cannabis platform to be able to do a commercial launch this fall.

Elixir 420 Software Platform is an innovative health network platform of e-Prescribing for medical cannabis, the world’s first patient-centric health ecosystem addressing THC/CBD.

Tue
20
Jul

LGB youth with depression use more cannabis, study reveals

sad person hugging their legs

It's no secret that studies show that sexually diverse youth - in particular, lesbian, gay and bisexual (LGB) youth - use more cannabis and experience more mental health challenges than their heterosexual peers.

But what about the changes that occur in the rates of cannabis use: do they precede those related to mental health or is it the other way around? A new study from Université de Montréal offers some answers.

In the Journal of Abnormal Psychology, Kira London-Nadeau, a doctoral student and CIHR Vanier Scholar in the Department of Psychology at UdeM and the CHU Sainte-Justine Research Centre, provides an update.

Wed
30
Jun

The Cannara Effect: Canadian investors have a major opportunity with this Quebec-based cannabis company

  • Canada’s cannabis market is continuing its upward trajectory with a current market size of $2.7 billion
    Thu
    06
    May

    A third of cannabis users in Quebec upped consumption during COVID-19

    Just shy of a third of Quebecers recently surveyed by the Quebec Institute of Public Health (INSPQ) reported their cannabis consumption had increased over the last week compared to before COVID-19, while the remainder said it had stayed the same or dropped.

    Polled between Apr. 16 and 28, more than half of respondents — 55 per cent — noted that weed intake had remained about the same and 15 per cent said that it had decreased, according to a report from the Canadian Press.

    Mon
    19
    Apr

    Lawsuit seeks to overturn Quebec’s broad prohibition of all things cannabis on products

    It’s now up to a Quebec judge to decide if the provincial ban on selling products ranging from T-shirts to books simply because they include a cannabis image is too broad and restrictive, as one Montreal headshop co-owner argues it is.

    Michael Chevalier, a lawyer for the shop owner, argued the all-encompassing ban on all images of weed leaves and drug-related slogans inhibits legitimate freedom of expression, according to a report by The Canadian Press.

    Mon
    05
    Apr

    More than 2 years after legalization, Quebec's cannabis industry lags behind

    Though the Société québécoise du cannabis (SQDC) doubled its profits last year and claims to have taken over half of the province's black market, some Quebec cannabis producers say they are still struggling to make money compared to those in other parts of the country. 

    According to the latest available data, published in 2019, Ontario's cannabis industry is valued at three times more than that of Quebec. Where Ontario's is estimated to be worth $3 billion, Quebec's is less than $800 million.

     

    Fri
    29
    Jan

    Think cannabis can help kick a cocaine habit? Montreal researchers say no

    Cannabidiol, known as CBD, appears to do little to effectively treat cocaine dependence and performed no better than a placebo, suggests a new study out of the Centre hospitalier de l’Université de Montréal’s (CHUM) Research Centre.

    The clinical trial at CHUM involved 78 participants who had cocaine use disorder, which was severe for the majority of the participants. Randomly split into two groups, one group received 800 mg of CBD daily and the other got a placebo.

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