The New Brunswick government spent $200,000 on their efforts to sell Cannabis NB to a private company since late 2019.
Canopy announced today an agreement to buy Supreme Cannabis for $435 million in stock and cash. The deal gives Canopy control of the successful 7ACRES brand and control of what Canopy says will be 13.6% of the Canadian non-medical cannabis market.
Canada isn’t the only legal cannabis market dealing with an incentive for growers to pass the 20% THC threshold. A recent US study of two cannabis-legal states shows an “unusual spike” in the occurrence of dried cannabis products listed as having just over 20% THC.
As a food item, infused gummies, or any other edible, can spoil when exposed to air, moisture, heat, and other microorganism-friendly environments. There is a fair amount of science that goes into creating gummies that don’t go bad.
The Canada Border Services Agency announced today that it will begin issuing fines to people who “fail to properly declare cannabis and cannabis products when crossing the border”, beginning March 29, 2021.
The Association of Manitoba Municipalities recently released a position paper that, along with two other economic priorities, calls on the province to share 25% of its cannabis tax revenue with its municipalities.