Canna Farms is a Health Canada Licensed Producer of hand picked cannabis products under the ACMPR formerly MMPR.Canna Farms was the first LP in British Columbia to receive a ACMPR/MMPR license, and since then our dedicated and talented team has been working hard to provide our pa...
Canada Senate Gives Approval to Marijuana Legalization
A bill to legalize marijuana, proposed by Canadian Prime Minister Justin Trudeau, has been passed by the Senate through its third and final reading.
The legislation C-45 has already been passed by the House of Commons, but will go back for one final vote on Senate amendments before being sent to the Governor General for Royal Assent final approval. It was passed by the Senate 56 to 30.
Once the law takes effect, the possession and cultivation of personal amounts of marijuana will be legal for those 18 and older. The law authorizes licensed marijuana businesses to sell marijuana and marijuana products, and also allows online sales which will be handled similarly to how the country currently allows online medical marij....
Entrepreneurs are tempering their once sky-high expectations to capitalize on Newfoundlands regulated cannabis sector.
The province is the only place east of Manitoba where privately owned businesses will be allowed to sell recreational cannabis. But prospective retailers face a major hurdle: Theyre restricted to an 8 percent markup.
Smaller businesses will have a hard time given the strict regulations and high compliance costs, according to Vaughn Hammond, director of the Canadian Federation of Independent Business CFIB.
What weve done in this province is shut out small....
Canada Senate Committee Approves Marijuana Legalization Bill
Legislation to legalize marijuana, which has already been passed by Canadas House of Commons, has been given approval by a key Senate committee.
The Senate committee passed 40 amendments Monday to Bill C-45, including one that would allow provinces and territories to ban homegrown marijuana. Most of the other amendments were technical in nature and didnt fundamentally change the measure 29 of the 40 were actually introduced by the bills primary sponsor.
Bill C-45 was passed by the House of Commons in November by a vote of 200 to 82. In March the Senate voted 44 to 29 to pass it through its 2nd reading. The measure must now be passed through a third reading in the Senate before it can be sent to the Governor General....
Californias legal marijuana businesses blow whistle on unlicensed operators
A number of permit-holding marijuana retailers in California view unlicensed competitors as serious threats.
While fully compliant cannabis retailers across the Golden State are being forced to pass high tax rates on to their customers, some brazen unlicensed dispensaries advertise that they dont pay state or local taxes, meaning their marijuana is far cheaper than prices at law-abiding shops.
The disparity has led licensed retailers to file complaints with the California Bureau of Cannabis Control about many of those unlicensed competitors, plenty of whom were identified....
Canada Marijuana Sales to Outpace Liquor Sales by 2020, Predicts Imperial Bank of Commerce
We believe that by 2020, the legal market for adult-use cannabis will approach $6.5 billion in retail sales, claims the CBIC. For context, this is greater than the amount of spirits sold in this country, and approaches wine in scale.
These numbers are based on the CBICs calculation that Canadians will purchase 800,000 kilograms of legal recreational marijuana annually by 2020, at an estimated price of $10 per gram. Prime Minister Justin Trudeau and his Liberal Party are working to have the legal marijuana industry underway by July.
The bulk of the value generated from th....
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