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Canadian canna-biz stocks soar as beer giant invests $4 billion

Posted on August 16th, 2018 by Global Ganja Report and tagged , , , , , , , , .

Shadow WatchIn the surest sign yet of synergy between the cannabis and booze industries, one of North America's top brewers just dropped $4 billion into the continent's top legal cannabis cultivator. The move sent the cultirvator's stocks soaring—although not the brewer's.

Alcohol industry trade body comes out for legal cannabis

Posted on July 24th, 2018 by Global Ganja Report and tagged , , , , , .

wineThe main alcohol industry trade association has just signaled its support for cannabis legalization—despite a seeming history of intriguing against it. With a shift in public consciousness and potential for synergy in cannabis-infused wine, beer and cocktails, the booze biz may be adopting an attitude of "If you can't beat 'em, join 'em."

Provincial policy patchwork for Canadian cannabis

Posted on June 4th, 2018 by Global Ganja Report and tagged , , , , , , , , , , .

CanadaWith Canada on a final one-month countdown to legal cannabis, the country's provinces are adopting widely varying regulation regimes, creating a "crazy quilt" policy patchwork. While Ontario and Quebec are opting for provincial government monopolies on retail sales, Alberta and Saskatchewan have embraced a private model, sparking a flood of canna-capital into these western provinces.

Cannabis enterprises enter stock exchange through reverse mergers

Posted on May 30th, 2018 by Global Ganja Report and tagged , , , , , , , , , .

Shadow WatchWith US stock exchanges still almost entirely closed to cannabis businesses, the stateside industry is increasingly seeking access to the Canadian exchanges in order to secure investment. Taking over publicly traded Canadian firms through reverse mergers has emerged as the critical tactic in this endeavor.

Where will United States' biggest cannabis grow really be?

Posted on April 26th, 2018 by Global Ganja Report and tagged , , , , , , , , , , , , , .

Shadow WatchNew Mexico is the latest state to announce that it will play host to the biggest legal cannabis grow operation in the United States. But other claims to that title over the past years have still not panned out, and a facility in Arizona now occupies the number one slot. And as various states vie for the honor, Canada is far in the lead of its southern neighbor.

Toronto crackdown in countdown to Canadian legalization

Posted on March 14th, 2018 by Global Ganja Report and tagged , , , .

CanadaAnother dispensary is raided by police in Toronto—the latest in a string of such busts in the city over the past months, with some outlets even shut down. It's an irony that this crackdown comes as Canada is in its final countdown to legalization, and opens questions about whether there will be a place for independent dispensaries and small growers under the imminent new regulation regime.

Capitalist plot seen behind Canadian cannabis raids

Posted on March 13th, 2017 by Bill Weinberg and tagged , , , , , .

CanadaCanada's prince and princess of pot, activist-entrepreneurs Marc and Jodie Emery, have been charged with multiple trafficking-related counts, following the March 9 raids on their Cannabis Culture outlets in Vancouver, Toronto and Hamilton, Ont. CBC News reports that the duo face multiple charges including drug trafficking, possession for the purpose of trafficking and conspiracy. Jodie Emery reacted to the busts by calling out the Trudeau government for hypocrisy. She told Canada's Global News: "If this is legalization, then Justin Trudeau lied to the Canadian people. This is a new form of prohibition." Urging Candians to call Prime Minister Trudeau and "ask why we're seeing more people being harmed under our so-called legalization than we ever saw under [ex-PM] Stephen Harper's anti-marijuana poicies."

Raids on Cannabis Culture outlets across Canada

Posted on March 9th, 2017 by Global Ganja Report and tagged , , , .

CanadaPolice carried out raids on several Cannabis Culture outlets across Canada March 9, one day after the dispensary chain's founders, Marc and Jodie Emery, were arrested. As of press time, five Cannabis Culture locations have been raided in Toronto, and one in Hamilton, Ont., as well as the flagship location in Vancouver, BC. Canada's self-described "Prince of Pot" and his wife were taken into custody at Toronto's Pearson International Airport as they were about to depart for the cannabis expo Spannabis in Barcelona, the Vancouver Sun reports.

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