Mat Beren and his friends used to drive by the vast greenhouses of southern British Columbia and joke about how much weed they could grow there. Years later, it’s no joke. The tomato and pepper plants that once filled some …
Don’t expect Intact Financial Corp., Canada’s largest property and casualty insurer, to insure the recreational-cannabis industry anytime soon. “It’s not seen as the pot of gold that we should chase after,” Chief Financial Officer Louis Marcotte said Tuesday at the …
Canada’s largest province is delaying the launch of private marijuana sales in bricks-and-mortar stores until April 2019, nearly six months after the drug is legalized for recreational use. Ontario’s Progressive Conservative government said Monday it will start cannabis sales with …
A key segment of Canada’s marijuana industry will remain banned for up to a year after the drug becomes legal for recreational use — making it harder for Justin Trudeau to kill off the black market. Edibles, beverages, and pot …
Sun Life Financial, Canada’s No. 2 insurer, recently started covering medical marijuana in its Canadian health insurance plan – more than 17 years after the country first legalized it. The coverage, which requires employers to pay a premium, extends only …
Evergreen Pacific Insurance Corp. (EPIC), the Toronto-based financial-services holding company, announced it has signed a binding agreement to acquire a majority interest in Synergy Health Services, subject to completion of customary due diligence. Financial details of the transaction were not …
Marijuana sales will become legal in Canada beginning October 17, Prime Minister Justin Trudeau said on Wednesday, making it the first major economy to legalize its recreational use. Stocks of marijuana producers, which have rallied in anticipation of legalization, extended …
Canada is set to become the first Group of Seven nation to legalize recreational marijuana after a bill from Justin Trudeau’s government won the backing of the upper chamber. The Senate’s approval in a vote Tuesday night in Ottawa clears …
Canada’s marijuana legalization took a big step forward as the Senate passed an amended bill, meaning Justin Trudeau’s government can probably finalize the law and open the market in the next few months. Bill C-45 passed by a vote of …
