VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified and premium cannabis, is pleased to announce that it has been granted a Research License by Health Canada. The Research License allows the Company to distribute and administer its cannabis for research purposes and to test and review its products based on taste, sight, smell and touch.

Increasing Use of Medical Marijuana to Alleviate Symptoms, Treat Diseases and Conditions and in Pain Management are Key Factor Driving Industry Growth, says Emergen Research

VANCOUVER, BC, July 26, 2021 /PRNewswire/ — The global medical cannabis market size is expected to reach USD 47.15 billion in 2027 at a CAGR of 16.9%, according to the latest report by Emergen Research. Market revenue growth can be attributed to the increasing use of medical cannabis to treat diseases and conditions, rising research and development activities, and legalization of cannabis in various countries across the globe. Increasing government initiatives to encourage safe usage and consumption of the product is also a key factor expected to contribute to market growth over the forecast period.  

The cannabis grow operations are located within the Agricultural Land Reserve

A large-scale greenhouse, that’s made the switch to cannabis, is finally entering the market with its first harvest.

AgraFlora Organics International Inc. has a partnership with the huge Houweling Nurseries complex on 64th Street, an operation called Propagation Services Canada.

Greenhouse owner Ruben Houweling and CEO Elise Coppens this week on Twitter proudly pictured themselves in the drying room at the Delta facility, saying the operation’s first harvest is complete.

The venture will see the eventual conversion of the entire 2.2-million-square-foot greenhouse facility, which is located in the Agricultural Land Reserve.

Vancouver, BC – OW Weed is one of Canada’s leading online marijuana dispensaries, known for offering a wide variety of thoroughly tested and graded products from ethical growers. This online store has become one of the top-rated consumer suppliers in the industry thanks to its discreet and fast delivery times, in addition to its very friendly and knowledgeable customer service staff.

B.C.'s heat wave saw cannabis crops thrive.

At least according to Tyler Bigattini, the master grower at Potanicals Green Growers Inc. in Peachland. He says plants cultivated in the company's greenhouse or those outdoors have taken off since last week’s blistering temperatures swept through the region. 

“We hit like 45, 46 C last week,” he says. “You can use it to your advantage and use a little more CO2.”

“They flourished since the heat wave.”

Cannabis sales in B.C. have steadily increased since the drug became legal, with no signs of slowing down

Since its legalization in Canada in October of 2018, sales of cannabis by THC weight have steadily increased in B.C. year over year. A recent report conducted by the Canadian Institute for Substance Use Research (CISUR) at UVic looked at sales data between 2018-2020, from wholesalers, private retailers and B.C. Cannabis stores (in-person and online).

It appears recreational cannabis sales in Vancouver are heading in a better direction, reportedly representing one of the top Canadian cities in April and contributing to record sales for the entire country.

Cannabis sales in Vancouver were reported to be $16.7 million, up about 30 per cent from March, according to Marijuana Business Daily.

Cannabis products in BC are getting cheaper and more potent, and its year-over-year sales have doubled between 2019 and 2020, according to a new report from the Canadian Institute for Substance Use Research (CISUR). In 2020, sales added up to nearly 8,000 kg of THC—equivalent to approximately 400 million joints (at 20mg of THC each) and accounted for about $290 million in gross revenue.

Budway — an unlicensed cannabis retail store in East Vancouver — has been ordered to pay fast-food giant Subway $40,000 for trademark infringement and damages.

According to a Federal Court of Canada ruling, the store’s name and signage were too close to that of Subway and the use of a mascot in the shape of a subway sandwich filled with cannabis leaves and with bloodshot eyes damaged the U.S. company’s reputation.