Marijuana-producing Canopy Growth Corp. announced on Friday that it has raised $12.5-million in an equity bought deal, led by Dundee Securities Corp.

The stock sale was done at $2.05 a share, a discount of 15.5 per cent compared with where Canopy shares closed on Thursday.

The announcement of a dilutive equity deal was an about-face for the company. In an interview with The Globe and Mail on Tuesday, Canopy chief executive officer Bruce Linton played down any talk of a capital raise being imminent.

“At this time, no,” he said, explaining that Canopy was sufficiently well-capitalized for now, having raised $22-million earlier in the year.

Medical marijuana facilities will be the subject of discussion at a public meeting Tuesday night at city hall in Niagara Falls.

The 7 p.m. meeting will be to consider a city initiated amendment to introduce regulations governing the growing, processing, packaging and distribution of medical marijuana.

An earlier public meeting on the issue was held Sept. 15. It was well attended and council members had the opportunity to hear from residents who are either for or against such facilities.

Glenn and Elaine Wilson, who are not able to attend Tuesday's meeting, have submitted a letter to council voicing their objection against the new zoning provisions.

TORONTO - 

There may be more adult treats than tricks on Halloween afternoon now that the Liberals are in power.

Chris — who doesn’t publicly reveal his surname — of Juju Joints, is organizing the third annual Haunted Halloween Marijuana Treasure Hunt on Oct. 31 in High Park in order to spread awareness of easier access to medical marijuana.

While participants won’t find any joints in the park, the hunt will yield $50,000 in certificates for marijuana cigarettes that can be redeemed at Chris’ downtown dispensary for anyone 19 and older.

Chris said since Justin Trudeau was elected the next prime minister, he’ll give away marijuana to any adult, even those without a medical marijuana licence.

Three strategies the startup used that you can replicate

Recently, Toronto-based healthcare startup Figure 1 reached an important milestone: more than 500,000 medical professionals are now using its app, up from 150,000 users a year ago. 

Joshua Landy, Richard Penner and Gregory Levey launched Figure 1 in May 2013. Landy, a physician, came up with the idea while studying the smartphone habits of doctors at Stanford University in 2012. Shortly after, he invited Penner and Levey to join him and run the technical and business sides of the company.

When Chlormet Technologies (CSE:PUF) acquired AAA Heidelberg, a company in the process of applying for an Marihuana for Medical Purposes Regulations (MMPR) license with Heath Canada it already had a partially completed 8800 square foot marijuana cultivation facility in London, Ontario. Soon after, Chlormet added a facility for production and processing of marijuana in Washington State.

The Ottawa Police Service drug unit said it collected more than 200 kilograms of marijuana plants during its annual fall 2015 outdoor eradication project.

Police identified 15 locations across in various rural areas of the city and harvested 22 “patches” totalling 1,505 marijuana plants, which they say have a street value of more than $1.5 million. The plants were seized.  No suspect have been identified.

“The seizure of this quantity of marijuana represents a significant loss of illicit profits which finance a variety of criminal enterprises including gun smuggling, human trafficking and cocaine importation,” said acting staff sergeant Ian McDonell, of the Ottawa Police Service’s drug unit.

A University of Waterloo researcher is slamming Stephen Harper's assertion that marijuana is "infinitely worse" than tobacco, saying the remark has no basis in scientific fact.

The Conservative leader made the comment the morning after the final debate of the election campaign Friday night, during which he criticized Justin Trudeau's proposal to legalize the drug.

Asked by a reporter on Saturday why he so strongly objected to the Liberal leader's plan, Harper said there is "overwhelming and growing" evidence of "the bad long-term effects" of marijuana use. Noting that authorities have spent decades trying to discourage Canadians from using tobacco, he said "marijuana is infinitely worse, and is something we do not want to encourage."

If you get a chance to walk in to the medical marijuana dispensary in Ottawa one of the first things you might notice is that it doesn't quite feel like a pharmacy or doctor's office.

The whitewashed clinical atmosphere of most healthcare facilities is replaced by warmer shades of blue and green that feel more welcoming.

That ambiance was intentionally created by the people behind PharmaCannis, which expects to be opening the facility, located just north of Interstate 80, in mid to late November.

"We know the people who will be coming here are people who go to the doctor's office a lot," said Norah Scott, founder of PharmaCannis. "So it was intentional that we didn't want it to feel too clinical but at the same time we didn't want it to feel casual."

In your article, Mr. Kim Hale is quoted as saying that being convicted for cultivating marijuana "turns you right into a criminal, and to me, that is barbaric."  Sorry, but committing a criminal act makes you a criminal.  A conviction merely confirms it. 

Surely even under the influence of marijuana, one must agree that breaking into your house and pilfering your TV, makes that person a criminal or robbing a bank makes that person a criminal whether they are  caught and convicted or not.

NIAGARA-ON-THE-LAKE, ON, Sept. 30, 2015 /CNW/ - Tweed Farms Inc. (Tweed Farms), wholly owned subsidiary of Canopy Growth Corporation (TSX.V: CGC) (Canopy Growth), has received Health Canada approval to commence cannabis cultivation in all 350,000 sq. ft. of the facility's growing space, a ten-fold increase from the previously licensed area.