The Schizophrenia Society of Canada is pleased to announce the launch of Cannabis and Mental Health, a comprehensive online suite of digital resources exploring a range of issues surrounding the mental health impacts of cannabis, at the individual, community and societal level. This platform includes a free 90 minute course for youth, and created by youth, as well as a mentor guide with activities for educators, peer support workers, parents and youth allies.

This youth-led project was created in collaboration with Cannabis and Psychosis: Exploring the Link, the Youth Research and Evaluation Exchange (YouthREX), and the Mental Health Commission of Canada, with funding from Health Canada’s Substance Use and Addictions Program.

Canada House Wellness Group (CSE: CHV) ("Canada House" or the "Company"), a fully integrated medical cannabis company, is pleased to provide an update with respect to its previously announced transaction (the "Transaction") with Montréal Cannabis Médical Inc. ("MTL Cannabis"). As previously announced on November 26, 2021, the Company and MTL are working diligently on the integration of their businesses in advance of the closing of the Transaction, now expected to occur in calendar Q2 2022, subject to the satisfaction of all remaining closing conditions, namely the receipt of requisite MTL Cannabis audited financial statements, the receipt of applicable regulatory approvals, and the shareholder approval described in the Company's press release dated November 26, 2021.

Many Canadians drive after consuming alcohol, cannabis, and illicit drugs, medications (prescribed or not) or other substances for recreational purposes or to get high even though they believe they are impaired, according to MADD Canada’s second National Survey On Driving After Alcohol, Cannabis, Or Drug Use. These behaviours are elevated among young males aged 18-34.  

What should investors make of the recent Tilray (TSX:TLRY)(NASDAQ:TLRY) deal to acquire Hexo (TSX:HEXO)(NASDAQ:HEXO)?

Cannabis has started gaining broader acceptance, and an increasing number of jurisdictions have legalized it for medicinal, recreational, and other uses. The marijuana market comprises of organizations that engage in or support the distribution, sale, research, and development of recreational and medical marijuana.

This space is at a nascent stage even now, making it attractive to investors seeking exponential growth. Let’s take a closer look at this space, particularly focusing on two big shots — Tilray (TSX:TLRY)(NASDAQ:TLRY) and Hexo (TSX:HEXO)(NASDAQ:HEXO).

The proposed regulatory amendments would allow consumers to possess 17.1 litres of beverages, up from 2.1 litres.

Last week, Health Canada opened a consultation regarding amendments to the federal cannabis regulations, including facilitating non-therapeutic research on cannabis involving human participants and boosting the public possession limits for infused drinks.

The consultation is open for input until Apr. 25.

Currently, Canadians are limited to purchasing the equivalent of 2.1 litres of beverages at a time, despite the 10 milligram THC cap per product. Under the proposed amendments, Canadians would be able to purchase up to 17.1 litres of beverages at once.

Canadian cannabis operator High Tide filed financial for the first quarter of 2022 after the close of the equity markets on Thursday, reporting revenue of 72.2 million Canadian dollars ($57.1 million) for the three-month period ending January 31, an increase of 88% over the same quarter last year and 34% more than revenue reported for the fourth quarter of 2021.

The Valens Company Inc. provided an update on its recent recreational market share in Canada.

Tyler Robson, CEO, co-founder and chair of The Valens company, stated "We have shown strong quarter-over-quarter growth, as we continue to execute on our business strategy across all our brands in the Canadian recreational market. Furthermore, with the recent launch of Versus ready-to-drink seltzers, our Contraband ultra-premium flower offering, CNDYLND, and other recently launched product initiatives we look to continue our momentum into the coming quarters and deliver on our market share and profitability objectives in 2022." (Benzinga)

Trees Corporation (NEO: TREE) (the "Company" or "Trees"), a premier Canadian cannabis retailer, is pleased to announce that it has completed its previously announced acquisition of Miraculo Inc. ("Miraculo") pursuant to the terms of an amalgamation agreement dated February 7, 2022 (the "Amalgamation Agreement") whereby Miraculo amalgamated with 1000101203 Ontario Inc., a wholly-owned subsidiary of the Company ("Trees Subco"), to form an amalgamated entity ("Amalco") in order to carry out a three-cornered amalgamation (the "Amalgamation") whereby Trees acquired all of the issued and outstanding shares of Miraculo ("Miraculo Shares").

After finally issuing its first cultivation license last December, the Kahnawake Cannabis Control Board (KCCB) continues to move along in its day-to-day operations with the ultimate goal of opening the industry to the general public.

But it’s been a struggle, to say the least, especially on the political side of things. Discussions between Kahnawake and Quebec are ongoing, but an agreement has not been reached.

Mohawk Council of Kahnawake (MCK) chief and Cannabis Portfolio lead Tonya Perron said that she still needs to update Council on some of the issues that remain and were brought up during a meeting with the province two weeks ago.

“The discussions are specific to cannabis because the main concern is always public health and public safety,” said Perron.

CannTrust settles all class action lawsuits

After settling all class action litigation against it and restoring its growing licences, cannabis grower CannTrust has new investment partners.

The company, with operations on Balfour Road in Pelham and in Vaughan, said the partner is Marshall Fields International B.V., a subsidiary of Kenzoll B.V., a Netherlands-based private equity investment company.

“CannTrust is a high-quality investment opportunity,” said Kenzoll B.V. owner Corné Melissen in a release.

“We’ve been consistently impressed with the current business, its operations and management team, and we’re excited to be working together.”