Company Files International Patent for Mentabinol – LPC CanaQuest Medical Corp. announced expansion plans into the global medical cannabis market. Chairman and co-founder Paul Ramsay said it now has Health Canada sales, export, and import licences lined up. Its medical sales licence is through its subsidiary company, ADC BioMedical Corp. “We can expand globally very…

Will Christmas Cannabis Edibles Be Under the Tree This Year? – LPC Cannabis edibles, vapes, beverages, and topicals are scheduled to hit the market in mid-December. Theoretically, at least. Several companies have applied to Health Canada during the 60-day review period. That means this could be the first year of Christmas cannabis edibles as stocking…

Math, Not Gloom and Doom, the Cause in Most Cases – LPC The consumer market saw legal cannabis sales decline in September, with recreational cannabis sales down 2.4 per cent from August. The legal market sold approximately $123 million, down from $126 million in August. However, not all analysts saw it as a “gloom and…

Positive Indications on Both Sides of the Border Send Stocks Upwards – LPC It seems that Ontario may finally do away with the lottery licence system. Many licensed producers (LPs), analysts, and policy groups have blamed cannabis retail roadblocks for disappointing cannabis sales. Ontario in particular has been blamed – a province with just 24…

Government Agency Introduces Hybrid Model It Will Still Be Part of – LPC The OCS wholesale cannabis monopoly is coming to an end. The Ontario Cannabis Store (OCS) announced that it is creating a hybrid distribution model. Under the new model, the private sector will be able to buy directly from licensed producers (LPs) as…

Canopy, Aurora, Organigram Cite Lack of Retail Outlets – LPC Two companies reporting this week, Canopy Growth and Aurora Cannabis, both blame lack of retail outlets in Ontario for disappointing cannabis sales. Canopy CEO Mark Zekulin blamed the Ontario government directly for not opening up the legal retail market. “The fact of the matter is…

Freedom Cannabis Builds Canada’s Largest Rooftop Solar Panel Array – LPC Can “green cannabis” cultivation become a reality? Edmonton’s Freedom Cannabis is taking a step in the right direction. It recently unveiled a mega solar project to help reduce greenhouse gas (GHG) emissions – and reduce its energy costs. The panels were built and installed by…

One Analyst “Calls Bottom” of Canadian Cannabis Stock Declines – LPC Despite recent bad news from various quarterly reports, at least one analyst is displaying cannabis investor optimism. Cantor Fitzgerald Analyst Pablo Zuanic said that now is a good time to start looking at long-term cannabis investments. “We are calling the bottom on Canadian cannabis…

Canada’s Top 10 Cannabis Shares Down an Average 57 Per Cent – LPC With Canada’s top 10 cannabis shares down an average 57 per cent, you wouldn’t think there’d be much optimism. But in fact, some are seeing opportunities in Canada and abroad. Many analysts believe what the market is seeing is the end of…

Analyst Finds Line in Financial Statements That Shows 869 Per Cent Rise in Dumping Cannabis – LPC Stephen McBride recently wrote in Forbes that Aurora Cannabis seems to be dumping cannabis supply. He noted in what he calls a “line buried deep in it Q4 financials” that Aurora got rid of $20 million worth of…