People who knowingly possess illegal pot are subject to a maximum fine of $5000 or a maximum of six months in prison as well as possible penalties under the law. You can receive a ticket for trafficking (with the ability to obtain a maximum 14 years in prison) if it occurs involving a small amount of marijuana.

HYTN Innovations Inc.’s subsidiary HYTN Cannabis Inc., has awarded a license amendment by Health Canada allowing for the sale of cannabis extract, edible cannabis, and cannabis topical products to provincially and territorially authorized retailers.

National sales of HYTN's cannabis-infused sparkling beverages had already begun through a partnership agreement with Emerald Health Therapeutics Inc. (Click here for Benzinga article)

Subsequently, Emerald announced a change in business strategy that would result in the winding down of all cannabis related activities, including its partnership with HYTN.

Social media advertising bans and a lack of government support mean cannabis tourism is struggling to get off the ground, say researchers and operators.

Picture the lush green vineyards, gourmet food and the meandering wine tasting tours of California’s Napa Valley. Now replace wine with weed and California with Canada — and ask yourself the question, suggest researchers in a recent study, could the Great White North become a Mecca for cannabis tourism? 

On Oct. 17, 2018, Canada’s federal government passed bill C-45, legalizing the cultivation, processing, selling, and possession of up to 30 grams of cannabis for recreational use. 

AGLC's cannabis sales website will go up in smoke on March 8

Alberta is changing how cannabis can be sold online as of March 8 — and some stores are scrambling to prepare.

A legal change, passed by the legislature last year, will see Alberta Gaming, Liquor and Cannabis (AGLC) shut down the online orders section of its website. This will open the online market to private sellers.

High Tide, which runs 58 Canna Cabana stores in Alberta and already sells cannabis online in Ontario, Manitoba and Saskatchewan, is anxious to expand its online reach in the province.

While the world has been struggling to adapt to a COVID existence, the cannabis industry has been making gigantic leaps, even while every other industry entered into a recession.

Since Amazon made headlines lobbying for the federal legalization of cannabis, several other “high profile” organizations have made similar headlines by shifting their cannabis policy. One of these companies last June updated their Terms and essentially gave permission for cannabis companies that operate within a legal state access to their platform. The company in question? Apple!

The Western Fair Association has partnered with CannabisWiki to organize a first-of-its-kind agricultural cannabis event in Southwestern Ontario.

Until the pandemic began, the annual Western Fair in London, Ont. had run uninterrupted since the Second World War.

Tilray stock financials are encouraging, especially if the loosening of cannabis restrictions materializes

Since the beginning of the year, the stock of Tilray Brands (NASDAQ:TLRY), a leading global cannabis producer, has lost some ground, down 3% to $6.80 per share. TLRY stock has performed better than the broader market on the period, due to renewed investor interest from the prospects of this leading cannabis actor and its poor stock performance last year.  

Growth of canopy trees. Pot is being marketed as Canada’s first unicorns by Canopy (CGC). Because Weed is sponsored by rapper Snoop Dogg, its product is arguably the most recognized.

Job growth in the cannabis sector has averaged over 27% since 2017.

Cannabis retailer Fire & Flower Holdings Corp.‘s (TSX: FAF) (OTCQX: FFLWF) digital platform Hifyre Inc. is partnering with a cannabis-focused recruitment company to help it fill a number of technical roles. (Image source: Hifyre)

On Tuesday, The White Ash Group Inc., a Toronto-based recruitment firm with operations in New York, said the agreement will extend through April 2022 as part of Hifyre’s rapid-growth strategy.

White Ash Group previously worked with Fire & Flower in 2021 to fill director-level positions, and will now help hire mobile developers, product managers, development operations engineers and data analysts.