Jump to content
Mr. Shaman

News, From The Civilized World!!

Recommended Posts

June 27, 2017

"Canadian marijuana companies continue to expand their reach beyond their nation’s borders.

 

LGC Capital, a Canadian investment firm, has partnered with AfriAg to cultivate and distribute medical and recreational marijuana across the southern region of Africa, according to a news release.

 

The long-range goal for LGC – which lists as QBA on the TSX Venture Exchange – is to become the “first Canadian publicly traded company to be licensed to grow and export recreational and medical cannabis on a global basis,” CEO John McMullen said in the release.

 

AfriAg, one of the largest produce growers in southern Africa, owns and oversees several agriculture facilities – including greenhouses – throughout the region."

https://mjbizdaily.com/canadian-firm-strikes-deal-cultivate-cannabis-southern-africa/

Share this post


Link to post
Share on other sites

July 5, 2017

"The Greek government has agreed to make cannabis available for medicinal purposes, joining a growing number of European countries that have legalized medical marijuana.

 

“From now on, the country is turning its page, as Greece is now included in countries where the delivery of medical cannabis to patients in need is legal,” Prime Minister Alexis Tsipras said during a news conference, according to the Greek Government Gazette.

 

Last week, Tsipras said doctors will soon be able to prescribe MMJ for a variety of medical conditions, the Independent reported.

 

As a result of the government’s move, cannabis will be reclassified from a Table A drug – a category that includes heroin and LSD – to a Table B drug, the same category as methadone, cocaine and opium." 323.png

https://mjbizdaily.com/greece-legalizes-cannabis-medical-purposes/

 

Share this post


Link to post
Share on other sites

July 12, 2017

"Glen Ibbott had a successful career as a top executive with U.S. life sciences companies worth hundreds of millions of dollars that listed on the Nasdaq Stock Market.

 

But it wasn’t hard for Canada’s Aurora Cannabis to lure Ibbott north of the border to become the medical marijuana producer’s chief financial officer.

 

Canada is preparing to launch an adult-use industry in 2018. And Ibbott liked the idea of working in a country where companies are pioneering the global cannabis market."

https://mjbizdaily.com/canadian-cannabis-mas-ready-go-crazy-qa-aurora-cfo-glen-ibbott/

Share this post


Link to post
Share on other sites

 

Quote

July 19, 2017

"Marijuana aficionados lined up at pharmacies across Uruguay on Wednesday to be among the first in the South American nation to legally buy cannabis as a law regulating its sale took full effect.

Customers showed off blue-and-white envelopes containing the substance, which is now available as part a 2013 measure that made Uruguay the first nation to legalize a marijuana market covering the entire chain from plants to purchase.

Santiago Pinatares, a 35-year-old construction worker, braved freezing temperatures in the capital, Montevideo, as he waited outside one of the 16 pharmacies authorized to sell marijuana.

“To be able to buy it legally is a huge breakthrough,” he said. Uruguay is at the forefront of the world on this.”

https://mjbizdaily.com/uruguay-kicks-off-recreational-marijuana-sales/

 

Share this post


Link to post
Share on other sites
Quote

July 21, 2017

"Aurora Cannabis Inc. will become the fifth marijuana company on the Toronto Stock Exchange when its shares begin trading there Monday, the latest sign that Canadian MJ businesses are joining the mainstream.

Vancouver-based Aurora joins Aphria, Canopy Growth, CanniMed Therapeutics and MedReleaf on the TSX, Canada’s largest exchange. The five companies have a combined market capitalization of over 4 billion Canadian dollars ($3.2 billion). 

Being on the senior exchange comes with a number of advantages, including increased recognition, more exposure to analysts and greater access to capital. Dozens of cannabis companies are listed on Canada’s junior and alternative exchanges."

https://mjbizdaily.com/canadian-cannabis-grower-graduates-toronto-stock-exchange/

 

Share this post


Link to post
Share on other sites
Quote

July 25, 2017

"Most of Canadas provinces are soliciting input from medical cannabis companies, the public and other stakeholders to help shape the regulatory foundations of the countrys recreational marijuana industry.

The results could have a profound impact on existing and future Canadian marijuana businesses.

Officials with the provinces say they will incorporate the feedback into their rules on everything from where recreational marijuana can be purchased and consumed to how it is taxed, which types of businesses can sell it and how cannabis products should be packaged.

The federal government set the stage for the consultations by allowing the provinces to determine key regulations that will have an impact on both cannabis and non-marijuana businesses.

Cannabis Canada board member Cam Battley said his trade group is promoting the broadest possible participation in provincial consultations – not just by large organizations, but also licensed medical marijuana producers, the general public and smaller cannabis businesses.

He said Cannabis Canada has been in consultations with most of the provinces.

“The provinces have been very open to discussion with licensed producers,” said Battley, who is also executive vice president of Vancouver-based Aurora Cannabis, one of the largest marijuana companies in Canada by market capitalization. “They have been very wise in tapping our knowledge, expertise and experience in being able to successfully reduce and deliver legal cannabis under rigorous regulations.”

He added that a successful retail system “will ensure the opportunity for participation by large, medium and small businesses and entrepreneurs.”

https://mjbizdaily.com/provinces-canada-weighing-feedback-mmj-businesses-public-craft-cannabis-regulations/

 

Share this post


Link to post
Share on other sites
Quote

July 27, 2017

"Select [Uruguay] pharmacies began selling cannabis over the counter last week, as long-awaited regulations took effect on Wednesday.

 

Cannabis sales are limited only to those citizens who participate in the state's marijuana registry. Foreign tourists are not permitted to purchase cannabis at this time.

 

Marijuana flowers are capped at a price of $1.30 a gram."

 

$36.40 oz.  freaked-out-smiley-emoticon.gif

 

http://norml.org/news/2017/07/27/uruguay-pharmacies-begin-selling-cannabis-over-the-counter

 

Share this post


Link to post
Share on other sites
Quote

July 25, 2017

"Licensed producers in Canada should ramp up production capacity in the next 12 months in order to meet consumer demand when the country’s recreational marijuana industry is expected to be legalized next summer, according to one cannabis executive.

 

“We need to expand our capacity right away simply to meet the demands of the rapidly growing medical cannabis system,” Cam Battley, executive vice president of Aurora Cannabis, told the Canadian Press. “When the demand of the adult consumer system is layered on top of that, it’s a rush to build as much capacity as possible.”

https://mjbizdaily.com/increased-cannabis-capacity-way-avert-recreational-shortages-canadian-exec-says/

 

Share this post


Link to post
Share on other sites
6 minutes ago, Phoenix68 said:

 

Watch  as  the health costs in these South American countries go down

Share this post


Link to post
Share on other sites
Quote

July 28, 2017

"Jamaica has received 236 business license applications since opening the permit process last year.

 

Of the 236 applications, two licenses have been granted but not issued because the winners have yet to pay their fees, according to Hyacinth Lightbourne, chair of Jamaica’s Cannabis Licensing Authority (CLA).

 

Another 44 applications have gotten conditional approval, according to the government-run Jamaica Information Service.

 

Application numbers have grown steadily. Jamaican regulators received 89 applications through late October and about 160 through February."

https://mjbizdaily.com/jamaica-receives-slew-medical-marijuana-business-applications/

 

Share this post


Link to post
Share on other sites
Quote

July 27, 2017

"An Australian medical marijuana company is acquiring Nova Scotia-based Mernova Medicinal for $10.1 million Canadian dollars ($8.1 million) in the latest example of foreign interest in Canadas booming MMJ market and next summer’s anticipated recreational cannabis rollout.

 

After the cash-and-equity deal is completed, Creso Pharma will be the only Australian-based cannabis firm with direct exposure to the world’s largest legal MMJ market.

 

The move into Canada isn’t Creso Pharma’s first foray into an international market. Last fall it signed a distribution agreement to sell its hemp-based CBD products in the Czech Republic."

https://mjbizdaily.com/australian-medical-cannabis-firm-expands-canada-acquisition/

 

Share this post


Link to post
Share on other sites
Quote

August 1, 2017

"Canadas marijuana-related companies collectively raised more than $770 million dollars in the first half of 2017a nearly 1,700% increase from a year earlier – as businesses prepare to ramp up production to meet growing demand at home and abroad.

 

The funding windfall comes as Canadian cannabis companies are preparing to boost supply in response to:

  • The planned start of recreational cannabis sales in Canada next summer.
  • The nation’s booming medical marijuana market.
  • Overseas demand for their products.

The massive amount of money flowing into the country’s cannabis sector reflects huge interest among investors in the market, which is poised for rapid growth."

https://mjbizdaily.com/funding-windfall-canadian-marijuana-companies-see-surge-new-investments/

 

Share this post


Link to post
Share on other sites
Quote

August 2, 2017

"The number of registered medical marijuana patients, in Alberta, doubled, and the number of doctors prescribing MMJ rose 50% in the first quarter of this year, indicating the drug is becoming more accessible to the province’s 4.1 million people.

 

The increases bode well for Canada’s MMJ companies and offer a sneak preview of bu$ine$$ pro$pect$ for the country’s impending legalization of recreational marijuana next summer."

 

https://mjbizdaily.com/albertas-medical-marijuana-patients-double-prescribing-doctors-rise/

 

Share this post


Link to post
Share on other sites
Quote

August 9, 2017

"Canadian medical cannabis companies are primed to tap what one industry executive calls insanegrowth overseas.

 

Flush with capital and largely free from American competition, Canadian licensed producers (LPs) are spreading their wings to gain a first-mover advantage in new markets as more countries legalize marijuana for medical use.

 

Fueling the overseas push is the vast amount of funding the companies have accumulated: During the first half of 2017, Canadian cannabis companies raised more than 1 billion Canadian dollars ($790 million), up more than 1,700% from the same period last year.

 

The potential is significant. A recent analysis by Toronto-based Eight Capital, a full-service investment dealer, pegs the potential international medical cannabis market at CA$180 billion ($142 billion) over the next 15 years."

https://mjbizdaily.com/canadian-medical-marijuana-companies-tap-insane-growth-overseas/

 

Share this post


Link to post
Share on other sites

 

Quote

August 5, 2017

"When marijuana becomes legal in Canada next year, it will be mainly because Justin Trudeau had a change of mind in 2012.

 

Same-sex marriage and the right to physician-assisted death — they’re now the law of the land in Canada because politicians, judges and yes, citizens too, changed their minds.

 

But changes of mind get a bad rap in politics — they’re usually linked to promise-breaking, weakness of conviction or disloyalty to the cause or the team.

 

That’s even more true in this world of instant opinions, Twitter spats and polarized debates, when taking the time to reason through an issue seems like a quaint relic of another century, and the middle ground seems, well, boring.

 

What follows here are a few stories of Canadians who did a 180-degree shift in recent years on some big political issues — proof that while polarization may be rampant south of the border, it is neither an inevitable nor a permanent condition in Canada. At least, not yet."

https://www.thestar.com/news/insight/2017/08/05/how-minds-were-changed-on-pot-same-sex-marriage-assisted-death-and-gmos-age-of-unreason.html

 

Share this post


Link to post
Share on other sites
Quote

August 17, 2017

"Canadian medical marijuana producer Tilray will invest 30 million Canadian dollars ($24 million) to convert an Ontario pepper farm into one of the nation’s largest MJ production facilities.

 

The project’s initial phase will give Tilray a fivefold increase in production capacity to over 40,000 kilograms a year by the end of 2018.

 

The boost in output will allow the company to serve Canada’s rapidly expanding medical marijuana program and, ultimately, the nation’s new recreational market.

 

Full rollout of the Ontario facility, in the township of Enniskillen, ultimately would see Tilray’s annual production rise to about 100,000 kg over the next few years.

 

In a news release, Tilray said the project is expected to generate up to 250 full-time jobs. Tilray said the facility will allow the company to also serve the European Union, Australia, New Zealand and Latin America.

 

Tilray, which is headquartered in Nanaimo, British Columbia, is owned by Seattle-based Privateer Holdings.

 

Under the deal, Tilray will lease a 100-acre property from Enniskillen Pepper Co. for three years before executing a purchase agreement.

 

The Enniskillen property includes 13 acres of existing greenhouse space. That space, currently devoted to pepper cultivation, will be retrofitted into 10 acres of cannabis production."

https://mjbizdaily.com/tilray-invest-ca30-million-build-one-canadas-largest-cannabis-facilities/

 

Share this post


Link to post
Share on other sites
Quote

August 22, 2017

"Canada has added two more licensed medical cannabis companies, bringing the total number of approved LPs to 54.

 

The latest to win approval are Experion Biotechnologies of Vancouver, British Columbia, and Zenabis of Atholville, New Brunswick.

 

The pair bring to nine the number of MMJ producers that have been approved since Health Canada streamlined the licensing of cultivators three months ago in an effort to ease the growing backlog of applicants and to increase production.

 

Canadian regulators implemented new rules at the end of May to streamline the licensing process, ease the backlog of applicants (428 as of May 25) and boost cannabis production nationwide.

 

Canadian LPs have been deploying serious capital this year to raise production capacity for the booming medical industry and prepare for next summers launch of the new adult-use market.

 

A July 26 report by Eight Capital, a Toronto-based investment dealer, estimated Canadas licensed annual cannabis production capacity at about 60,000 kilograms (132,277 pounds) but also said the market could demand more than 10 times that by 2021."

https://mjbizdaily.com/canada-approves-two-medical-cannabis-producers/

 

Share this post


Link to post
Share on other sites

Civilization Is Breaking Down—Here’s What We Need to Do About It

069338104-destroyed-building-e1503102557

 

 

“I think civilization is fundamentally breaking down today.” These were the opening words of Salim Ismail’s talk at Singularity University’s Global Summit in San Francisco this week.

Not the most uplifting intro. But the good news is, Ismail had some pretty unique insight to share about the nature of the problems society is facing, and plenty of thoughts on how to fix them too.

Ismail is the best-selling author of Exponential Organizations and a sought-after strategist and tech entrepreneur who built and sold his company to Google. He was founding executive director at Singularity University and has been the company’s global ambassador for the last seven years.

While technology has helped civilization, according to Ismail, it’s also partly to blame for widespread discontent that’s manifesting in the form of armed conflicts, terrorism, extremism, and nationalism.

“Never before have we had a dozen technologies all accelerating in their own right,” he said. “Each one is doubling at a rate of anywhere between 18 to 30 months. But where they intersect, that adds a whole other multiplier to the equation.”

 

Quote

“We invented representative democracies when information was scarce,” Ismail pointed out. “But today, we have an abundance of information, and every major democracy in the world is broken.”

 

Share this post


Link to post
Share on other sites
Quote

September 11, 2017

"Tweed Farms – a subsidiary of Canopy Growth Corp. and the largest licensed cannabis producer in Canada – is poised to get even bigger after purchasing land near its current site at Niagara-on-the-Lake, Ontario, and beginning construction on existing properties.

 

Once completed, the construction will bring Tweed’s total greenhouse space to more than 1 million square feet and triple its overall production space, the company said in a news release."

https://mjbizdaily.com/canadian-marijuana-producer-exceed-1m-feet-greenhouse-space/

 

Share this post


Link to post
Share on other sites
Quote

September 13, 2017

"Canadas federal government has indicated it won’t interfere in how provinces decide to regulate distribution, taxation and retail, when adult-use marijuana is slated to become legal, next summer – regardless of how the provincial programs are implemented.

 

“Each province has the flexibility to design it the way they think most appropriate. Ontario has laid out their proposal. That’s within their jurisdiction to do,” Canada’s public safety minister, Ralph Goodale, told reporters, according to The Canadian Press.

 

Last week, Ontario became the first province in Canada to announce a framework to govern recreational marijuana, but it has been heavily criticized for being too inflexible.

 

The plan involves building 150 government-run, publicly owned stores, forcibly shutting down the approximately 100 private dispensaries already in operation and limiting cannabis consumption to residential homes. Private retailers would be excluded from handling sales.

 

The framework was dubbed “pathetic” and “puritanical” in the influential Globe and Mail newspaper. A marijuana activist called the plan an escalation of the war on drugs in the Ottawa Citizen. And a columnist writing for the government-owned CBC News suggested Ontario might actually lose money selling legal cannabis. "

https://mjbizdaily.com/ottawa-indicates-hands-off-approach-provincial-rec-marijuana-plans/

 

Share this post


Link to post
Share on other sites
Quote

September 12, 2017

"Premier John Horgan said British Columbia will be ready for cannabis legalization, next summer, and signaled private entrepreneurs may play a role in the retail sectorunlike in Ontario, which favors a government-run model.

 

In a radio interview on The Jon McComb Show, Horgan suggested the province could carve out space for private dispensaries to participate in the legalized cannabis market.

 

The premier said he wants to “make sure a distribution system is in place that benefits those who want to participate as entrepreneurs.”

 

British Columbia, the third most-populous province in Canada, is home to a thriving gray and black-market dispensary industry in Vancouver, where 11 dispensaries have business licenses from the city.

 

Another 28 have development permits that effectively allow them to operate until their full business licenses are approved or rejected. Another 65 locations are currently operating without city permission."

https://mjbizdaily.com/british-columbia-premier-eyes-role-private-cannabis-retailers/

 

Share this post


Link to post
Share on other sites
Quote

September 14, 2017

"One year ahead of adult-use marijuana legalization, Canadas licensed producers continue to bolster their inventories of cannabis, according to fresh data from Health Canada.

 

Despite the stockpiling, LPs still have a long way to go to meet anticipated recreational and medical demand. Adult-use legalization is scheduled to take effect in July.

 

Canada’s licensed cultivators had 25,077 kilograms (55,285 pounds) of dried marijuana in their vaults at the end of June, more than double what they had a year earlier.

 

LPs also are storing more cannabis oil than ever, with 6,713 kilograms in their vaults at the end of June, triple what they had a year ago.

 

But, the stockpiles are a far cry from what Canadians are expected to consume next year. Demand could total around 150,000 kilograms of medical and recreational cannabis, according to Toronto-based Eight Capital, a full-service investment dealer."

https://mjbizdaily.com/canadas-producers-stockpiling-marijuana-ahead-legalization/

 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×
  • Create New...