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Tag Archives edibles

Crops, Reuters

Pot producer Canopy Growth to stop expanding in Canada

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Reuters — Canopy Growth Corp. on Thursday reported a wider-than-expected quarterly loss on soaring expenses and said it would not make any large investments to expand in Canada amid surplus supply and tepid demand for weed and weed products. The decision to hold expansion plans follows a wave of enthusiastic spending by marijuana companies to […] Read more
Crops, Markets, Reuters

As ‘Cannabis 2.0’ kicks off, industry strangled by limited retail outlets

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Reuters — A year after Canada legalized use of recreational marijuana, cannabis stocks have lost half their market value, and investors betting that the launch of higher-margin pot-infused drinks and other products will quickly lift shares may be in for a bumpy ride. So-called cannabis 2.0 — legalization of marijuana derivatives including edibles, beverages, extracts […] Read more
Crops, Reuters

Cannabis firm Tilray sees growth slowing

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Reuters — Pot producer Tilray Inc. reported a wider-than-expected quarterly loss on Tuesday, as it ramped up investments to boost production and warned of muted growth in the Canadian recreational marijuana market for the second half of the year. Shares of the Nanaimo, B.C.-based company fell eight per cent after hours. Canada in October became […] Read more
Crops

Cannabis edibles clear for legal launch before year-end

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Food products containing cannabis are expected to be on the retail market by mid-December at the earliest under new federal regulations announced Friday. Health Canada on Friday announced amendments to the Cannabis Regulations will be published June 26 to come into force Oct. 17, laying out rules for legal production and sale of edible cannabis, […] Read more
General, Machinery & Shop, Markets, Weather

Farm groups see something for everyone in federal budget

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Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag sector. Finance Minister Bill Morneau’s budget pledges compensation for supply-managed sectors facing financial hits from international trade pacts, funding for a new federal food policy […] Read more
Crops

Feds introduce cannabis legalization bill

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The federal government is set to decriminalize cannabis possession and use and to allow limited home-grown pot plants starting in mid-2018, while sticking close to the existing licensing system for wholesale-level production. The government on Thursday introduced the Cannabis Act, which will allow adults — that is, ages 18 and up — to legally possess […] Read more

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