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So far Danya Dixon has created 103 blog entries.

Canada’s marijuana sector isn’t overvalued, says Emblem Corp’s John Stewart

After a certain amount of time, counter-cultures lose their subversiveness the same way the flower power era of the late 1960’s eventually did. Hippies become Yuppies and “Good Vibrations” is used to sell cans of Sunkist. Similarly, the meaning and cultural significance of today’s marijuana icons and stoner-culture symbols are eroding in Canada and other countries around the world. With the shedding of taboos, marijuana is clearly ready for prime time. But just how big will Canada’s marijuana industry become? This question and more was addressed by executives from 15 of Canada’s biggest marijuana companies recently at the Canaccord Genuity Cannabis Conference in Vancouver, which took place last Thursday. It presented an opportunity to talk [...]

By | January 30th, 2017|Blog, News|Comments Off on Canada’s marijuana sector isn’t overvalued, says Emblem Corp’s John Stewart

Investors dive into marijuana stocks, raising concerns about green bubble

Brad Austin has invested a considerable amount of his own money on the stock market in marijuana-related companies. LARRY WONG/ POSTMEDIA NETWORK SHAREADJUSTCOMMENTPRINT Before Brad Austin arrived at work one recent morning, his stock market investments were up by $4,000. The bump was something the sales manager at an Edmonton car dealership has become accustomed to, despite having no prior trading experience and no financial advisers to guide him. Austin says he knows what he’s doing, but he also has luck on his side. He won $20,000 playing slot machines at a casino in August and decided to drop all of the spoils, plus another $5,000 of his own cash, into another big bet: cannabis stocks. He has not been disappointed. Austin made [...]

By | January 27th, 2017|Blog, News|Comments Off on Investors dive into marijuana stocks, raising concerns about green bubble

Pot dispensaries demand to be licensed, city says it’s not possible

A group representing pot dispensaries in Toronto is calling on the city to regulate their businesses, but city staff say that under current drug laws, "there is no authority for the city to implement a licensing regime" for the sale of pot products. The Cannabis Friendly Business Association and the Toronto Dispensary Coalition said Thursday they are facing "unhelpful stigmatization" in the wake of a series of police raids targeted at the storefront operations in recent months. The group contends that the raids have left their shops vulnerable to violent thefts because would-be thieves believe the stores' owners don't have the support of police. "Violence begetting more violence. The better [...]

By | January 26th, 2017|Blog, News|Comments Off on Pot dispensaries demand to be licensed, city says it’s not possible

Aurora Cannabis Announces Upsizing of Previously Announced Bought Deal Private Placement of Units to $60,007,500

Not for dissemination in the United States or through U.S. newswire services TSXV:ACB VANCOUVER, Jan. 25, 2017 /CNW/ - Aurora Cannabis Inc. (the "Company" or "Aurora" or the "Issuer") (TSXV: ACB) (OTCQB: ACBFF) (Frankfurt:  21P; WKN: A1C4WM) announced today that it has entered into an amending agreement with a syndicate of underwriters led by Canaccord Genuity Corp. (collectively, the "Underwriters") to increase the size of its previously announced private placement offering. Pursuant to the revised terms of the offering, the Underwriters have agreed to purchase, on a bought deal private placement basis, 26,670,000 units of the Company (the "Units"), at a price of $2.25 per Unit (the "Offering Price") for aggregate gross proceeds to Aurora [...]

By | January 26th, 2017|Blog, News|Comments Off on Aurora Cannabis Announces Upsizing of Previously Announced Bought Deal Private Placement of Units to $60,007,500

[NEWS] MNP LLP ANNOUNCED AS TITLE SPONSOR

* MC:SUBJECT * April 21 to April 23, 2017 at the Sheraton Centre Toronto Hotel View this email in your browser O'Cannabiz Conference & Expo 2017 Announces MNP LLP as Title Sponsor O'Cannabiz Conference & Expo takes place April 21-23, 2017 at the Sheraton Centre Toronto Hotel with MNP LLP, one of the largest full-service accounting and business advisory firms in Canada, serving as the title sponsor of the conference and expo. MNP acts as a strategic advisor with experienced teams dedicated to working with applicants, licensed producers, business leaders launching initial public offerings and investors.  As active participants in the regulated cannabis sector, MNP has also established close [...]

By | January 25th, 2017|Blog, News|Comments Off on [NEWS] MNP LLP ANNOUNCED AS TITLE SPONSOR

OrganiGram tightens medical marijuana production after 2016 recall

OrganiGram Inc. has tightened up the way it produces medical marijuana after a recent recall, says the CEO of the Moncton company. Denis Arsenault says he was in shock when he found out that unapproved pesticide had been detected in the product. "We sold wholesale product to a competitor and they tested for it and that's how they became aware of it and this was in December, as you know." Arsenault said. The company issued a voluntary recall for 69 lots of medical marijuana supplied between August 2016 and December 2016. OrganiGram CEO Denis Arsenault says the company still isn't sure how the pesticide came in contact with his company's medical marijuana. (CBC) On Jan. [...]

By | January 25th, 2017|Blog, News|Comments Off on OrganiGram tightens medical marijuana production after 2016 recall

New Yorkers Want To Know More About Canada’s Marijuana Industry

Americans continue to watch Canada's approach to legalizing marijuana with great interest. Even in New York where only medical marijuana is legal in a very restrictive program, many people turned out to hear Michael Gorenstein, Chief Executive Officer of Canada's Cronos Group speak. High NY is a cannabis community group that invited the company to speak to an audience that peppered the CEO with questions. Cronos Group, formerly known as PharmaCann Capital Corp. just received its second Health Canada license to sell medical marijuana for its wholly owned subsidiary In The Zone Produce. The company's flagship licensed producer is Peace Naturals Project and together the two cover 125 acres of agricultural land and are licensed to [...]

By | January 25th, 2017|Blog, News|Comments Off on New Yorkers Want To Know More About Canada’s Marijuana Industry

Tweed triples space at former chocolate factory in Smiths Falls

SMITHS FALLS - Tweed Inc. has tripled its production capability at 1 Hershey Drive, while filling a vacant piece of real estate here that plagued the town for years. The company has announced its parent company, Canopy Growth, has purchased the 42-acre site of the former Hershey chocolate factory, making the complex the largest indoor cannabis production facility in Canada, and perhaps in the world. The building was purchased from a group of investors that included Bruce Linton, chairman and CEO of Canopy Growth, and the Smiths Falls-based Guy Saumure company. The medical marijuana facility was previously a tenant of the space, taking up a third of the building’s entire 42,480-square-metres (472,000 square feet) footprint. The newly-acquired [...]

By | January 24th, 2017|Blog, News|Comments Off on Tweed triples space at former chocolate factory in Smiths Falls

Organigram Reports Postive Cash Flow and Update on Recent Events

January 24, 2017 06:00 ET MONCTON, NEW BRUNSWICK--(Marketwired - Jan. 24, 2017) - Organigram Holdings Inc. (TSX VENTURE:OGI) (OTCQB:OGRMF) (the "Company") is pleased to report the financial results for the quarter ending November 30, 2016. The Company continues to generate positive cash flow and significant year over year growth in sales of both dried flower and cannabis oils. The company is also providing an update regarding its recent voluntary recall of cannabis products, the current quantified impact to the financial statements, and some of the immediate and voluntary corrective actions and operating policies that Organigram has implemented. Selected highlights from the quarter include the following: Q1 - 2017 Operating Metric Q1-2016 260,291 Grams Sold (Dried [...]

By | January 24th, 2017|Blog, News|Comments Off on Organigram Reports Postive Cash Flow and Update on Recent Events

Vancouver company building world’s biggest grow-op

Aurora Cannabis plant provides welcome tonic for Alberta’s slumping industrial market. Vancouver-based Aurora Cannabis Inc. (TSX-V:ACB) is building a marijuana grow-op the size of nine football fields at Edmonton International Airport (EIA). What is being hailed as the world’s biggest medical marijuana production facility is also throwing a lifeline to an Alberta industrial real estate market cratered by the crash in oil prices. “This is a pivotal initiative for Leduc County, for Alberta, the Canadian cannabis sector and the global cannabis industry,” said Terry Booth, CEO of Aurora, which is headquartered in downtown Vancouver. “We are very proud of Aurora Sky. This is not just because it’s the world’s most advanced cannabis facility, but it [...]

By | January 24th, 2017|Blog, News|Comments Off on Vancouver company building world’s biggest grow-op