Why This Cannabis Stock May Rise Even More – LPC OrganiGram Holdings Inc. cannabis stock has risen 62% since the beginning of January 2019, taking its market cap to $1.3 billion. However, for industry insiders, the jump isn’t puzzling as much as the fact it took so long to happen. “OrganiGram hasn’t generated as much buzz…
CVS Stores in Eight States Offering Cannabis-Derived Topical CBD Products – LPC The United States pharmacy giant CVS will soon be offering topical CBD products at 800 stores in eight states. Products will include CBD creams, lotions, salves, roll-ons, and sprays. “We are carrying hemp-derived CBD products in select states to help meet consumer demand…
Locals Hope Cannabis Tourism Can Replace Chocolate Factory Visitors – LPC Smith Falls, Ont. is hoping that cannabis tourism will be able to replace the loss of tourists to the town when the Hersey’s chocolate factory closed in 2008. Local entrepreneur Gordon Weiske said that the factory attracted 250,000 visitors per year. That’s a big…
Cannabis Pardons “Guessed” at 4 Per Cent of 250,000 People – LPC According to a Globe and Mail report (please see link below), approximately 10,000 cannabis pardons could be in the works. However, Public Safety Ministry spokesperson Scott Bardsley stressed that the number shouldn’t be treated as a hard number. “These estimates should be treated…
Legal Cannabis Retail Workers Tell All About What’s Working and What Isn’t – LPC The Financial Post (please see link below) reports that it’s been “a bumpy few months” for legal cannabis retail owners in Canada. Although as one person they spoke to pointed out, the challenges are likely to be expected for a…
Calgary Doctor Thinks Cannabis Can Be Part of the Solution to the Opioid Crisis – LPC Dr. Jonathan N. Stea, a child psychologist in Calgary, is not convinced cannabis is the solution to the opioid crisis. (Link to full story below.) He points out how misunderstood cannabis is today. Some see it as the silver…
Aurora Cannabis Names Billionaire Nelson Peltz as Strategic Adviser in Bid to Become Global Cannabis Company – LPC Aurora Cannabis Inc. announced that Nelson Peltz would join as strategic adviser to help guide Aurora to global cannabis company status. The billionaire and “celebrity” investor is chairman of Wendy’s and sits on the board of several…
Injured Workers Can Apply to Province for Medical Cannabis Coverage – LPC Despite the known benefits of cannabis for injury, medical cannabis coverage under injured workers’ claims has been slow coming. Last spring, WorkSafeNB became the first workers’ compensation organization in Canada to develop a policy for medical cannabis coverage. It spells out specific situations when…
Fines of $25,000 If Cannabis Retail Licence Store Not Open by April 30 – LPC The Alcohol and Gaming Commission of Ontario (AGCO) announced the first three cannabis retail licences issued in Ontario on Thursday. The Hunny Pot Cannabis Co. in Toronto, The Niagara Herbalist in St. Catharines, and Central Cannabis in London are all…
Cannabis Wellness Products are Becoming the Rage – But What Does the FDA Have to Say About CBD? – LPC Cannabis wellness products are sprouting up all over the place in the United States. That reportedly includes Melissa McCarthy’s feet. According to the Forbes article (link below), McCarthy rubbed her feet with a CBD oil…