New CEO David Klein Places Another Constellation Executive on Canopy Board – LPC Canopy Growth announced on December 9, 2019 that it had appointed David Klein as its new CEO. Klein is currently the chief financial officer (CFO) of Constellation Brands Inc., which means he will be another voice on the board for the US…

Canopy Growth’s New Line of CBD Products Derived from Hemp – LPC Canopy Growth quietly launched its First & Free hemp-derived CBD products in 31 US states where CBD is legal. It marks the cannabis company’s first steps into the US market. First & Free sells CBD oil drops and softgels, and says creams are…

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…

US Company May Be Headed Away From Cannabis Investment Altogether – LPC Canopy Growth’s US partner, Constellation Brands, announced last week that it was stopping all cannabis investment in the company. This came after Canopy once again announced losses for the quarter, along with several other industry giants. CEO Mark Zekulin blamed the Ontario government…

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…

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…

Hint: It’s Not All About Cannabis – LPC Bruce Linton sat down with the Stamford Advocate recently to talk about the future of cannabis, and his role in it. (Please see the link to the full article at the bottom.) It perhaps inadvertently gave a behind-the-scenes look at ex-Canopy Growth co-CEO’s philosophy – and why…

Small but Lucrative Operations Can Help Locals and Companies Alike – LPC We’ve heard about Lesotho cannabis opportunities in passing before. Supreme Cannabis has its Medigrow Lesotho brand. Canopy Growth invested approximately $29 million to buy Daddy Cann Lesotho in May 2018. That same month, Aphria partnered with South Africa-based Verve Dynamics, which has a…

Bruce Linton Praises Approach to Celebrity Branding – LPC Rapper Drake teamed up with Canopy Growth to launch the much-hyped More Life Growth Co. in Toronto. For consumers, it may be just another celebrity-endorsed cannabis brand. Given Drake’s fame and his close connection to the city (and the Raptors), it will likely be a successful…