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5 Things to Know about Cannabis & Your Health

5 Things to Know about Cannabis & Your Health Written by Jessica Jones The truth about America’s favorite recreational drug. The marijuana market grew to $9 billion in 2017, and the projections for this year are higher! The latest report from ArcView Market Research-  “U.S. Legal Cannabis: Driving $40 Billion Economic Output” demonstrates how big the numbers are getting and clearly sums up the optimism of its findings. The opinions about this stigmatized plant have shifted a great deal in the last century which has helped it grow exponentially despite being illegal under federal law Today, hundreds of companies stand to capitalize the benefits of the green rush with much less of the risk. [...]

By | 2018-04-04T11:04:41+00:00 April 1st, 2018|Blog, News|Comments Off on 5 Things to Know about Cannabis & Your Health

5 things to know about cannabis from Ontario’s latest provincial budget

TORONTO -- As the federal government moves to legalize marijuana for recreational users later this year, Ontario's latest budget sheds light on the province's approach to sales, distribution, enforcement and revenue expectations. 1. The Ontario Cannabis Retail Corporation, an LCBO subsidiary created to manage sales and distribution of recreational pot in the province, is not expecting to generate profits immediately after legalization. It is expecting an $8-million loss in 2017-2018, followed by a $40-million loss in 2018-19, largely due to initial startup costs to establish the retail network. By 2019-20, the province is forecasting OCRC net income of $35 million, followed by $100 million in net income by 2020-21. 2. In a bid to crack down on [...]

By | 2018-03-29T16:42:06+00:00 March 29th, 2018|Blog, News|Comments Off on 5 things to know about cannabis from Ontario’s latest provincial budget

Government plans to legalize pot are on track for ‘end of summer’

Canadians looking forward to lighting up legally should be able to do so before the end of September. In an interview with The West Block, the parliamentary secretary for the minister of public safety said the government remains on track with its timeline to legalize marijuana and expects to have a framework in place to let Canadians buy it legally across the country before summer wraps up. “We’re working closely with the Senate and we feel confident, at this time, in that timeline of end of summer that we’re going to see a regime that will control and legalize cannabis,” Mark Holland said.   Legalizing marijuana formed a key plank of the 2015 Liberal campaign pledge and C-45, the [...]

By | 2018-03-26T16:44:49+00:00 March 26th, 2018|Blog, News|Comments Off on Government plans to legalize pot are on track for ‘end of summer’

Plain packaging proposed for legal marijuana

Health Canada releases draft regulations that would require health warnings, and would limit branding   By GEORDON OMANDThe Canadian Press Mon., March 19, 2018 OTTAWA—Legal pot will be sold in plain packages emblazoned with a yellow health warning and a red stop sign stamped with the silhouette of a marijuana leaf, according to draft regulations released Monday by Health Canada. The proposed rules will allow for packaging to depict a single brand element beyond a company’s name — either a logo or a slogan — but which may not contain any metallic or fluorescent colours and must be smaller than the stop sign symbol. The stringent restrictions around marijuana packaging and labelling are contained in a [...]

By | 2018-03-20T14:35:27+00:00 March 20th, 2018|Blog, News|Comments Off on Plain packaging proposed for legal marijuana

Vancouver Cannabis Company Invictus MD Appoints Gene Simmons As ‘CEO’

It's not the "CEO" you're thinking of. A Canadian cannabis company has teamed up with a rock star widely known for abstaining from drugs and alcohol. Vancouver-based Invictus MD Strategies has appointed KISS frontman Gene Simmons its "chief evangelist officer," responsible for leading the company in areas like public awareness, branding, and marketing. In a press release, Invictus CEO Dan Kriznic described Simmons as a "branding and merchandising genius," who "has spent decades building successful brands internationally in various industries." Aside from building a famous rock band, Simmons has created and managed his own record label, a publishing company and reality TV shows, and has worked with names like IndyCar and luxury carmaker McLaren. Simmons said [...]

By | 2018-03-19T14:48:39+00:00 March 19th, 2018|Blog, News|Comments Off on Vancouver Cannabis Company Invictus MD Appoints Gene Simmons As ‘CEO’

cbc masthead logo Windsor LIVEWindsorMore Streams Radio One Listen Live host picture HomeOpinionWorldCanadaPoliticsBusinessHealthEntertainmentTechnology & Science Video CanadaWindsor Here’s what the other OCSs think of the Ontario Cannabis Store — their new acronym mate

'I'm not too happy about it but I don't think there's a whole lot I could probably do,' says business owner There's been much bickering about how bland and boring the logo is for the recently announced Ontario Cannabis Store, called the OCS for short. But a handful of Ontario businesses, organizations and schools are facing a far more complex problem — they now share an acronym with the new shops that will sell pot provincially once it's legalized. From crane salesmen to Christian schools, here's what fellow OSC-ers think about their new acronym mate.   Ontario Crane Service The Hamilton-based company, owned by Don Paton, sells and services cranes throughout the province. He's been using the OCS acronym for [...]

By | 2018-03-15T13:14:52+00:00 March 15th, 2018|Blog, News|Comments Off on cbc masthead logo Windsor LIVEWindsorMore Streams Radio One Listen Live host picture HomeOpinionWorldCanadaPoliticsBusinessHealthEntertainmentTechnology & Science Video CanadaWindsor Here’s what the other OCSs think of the Ontario Cannabis Store — their new acronym mate

MP worries about fate of small-time pot growers

NDP MP Wayne Stetski says Kootenay marijuana producers will be edged out by big business A member of Parliament from B.C.'s Kootenay region is concerned that new rules to govern legalized marijuana will exclude small-scale growers in his riding. Wayne Stetski, NDP MP for Kootenay-Columbia, says the proposed federal rules will block those without major funding and those who wish to grow cannabis outdoors. "It seems to me to favour large corporations and potentially leave the little person out and I don't think that's right," said Stetski to CBC Daybreak South host Chris Walker. "I just find it really unfortunate that the little person is left out of the equation going forward when they want to, in essence, [...]

By | 2018-03-15T09:59:53+00:00 March 15th, 2018|Blog, News|Comments Off on MP worries about fate of small-time pot growers

Doug Ford wants free market for cannabis in Ontario

'I'm open to a free [cannabis] market and I'm going to consult with our caucus,' Ford says Related Stories Surprise, uncertainty in Ottawa after Doug Ford wins PC leadership Forget the 416 — Doug Ford says his biggest fans are outside of Toronto Newly elected Progressive Conservative Leader Doug Ford says he'll cut taxes and repeal Ontario's sex education curriculum, and is open to a hands-off approach to cannabis once it's legalized. "I don't believe in the government sticking their hands in our lives all the time. I believe in letting the market dictate," he told CBC Radio's Ottawa Morning on Tuesday. The former city councillor won the PC leadership race Saturday following a tumultuous convention sparked by the resignation [...]

By | 2018-03-15T10:03:08+00:00 March 13th, 2018|Blog, News|Comments Off on Doug Ford wants free market for cannabis in Ontario

Companies should assess their marijuana policies before legalization

JOEL KRANC CONTRIBUTED TO THE GLOBE AND MAIL PUBLISHED 3 DAYS AGOUPDATED MARCH 4, 2018 What will you do if your employee returns from lunch smelling of marijuana? That's one of several issues companies may have to deal with once the federal government legalizes the use of cannabis later this year. What is it about legalized marijuana that differs – or not – from other substances, such as alcohol, which are already prohibited from use at work? A survey by the Human Resources Professional Association released in January found that 71 per cent of HR professionals believe their workplaces are not prepared to deal with the coming legalization of recreational marijuana, including issues related to [...]

By | 2018-03-07T11:25:05+00:00 March 7th, 2018|Blog, News|Comments Off on Companies should assess their marijuana policies before legalization

Budget 2018 outlines how cannabis will be taxed, grants money to fight opioid crisis

The federal government released its 2018 budget on Tuesday and with it, more details on how legal marijuana will be taxed. The budget reaffirmed plans to apply an excise duty on marijuana, but confirmed that not all marijuana products will be affected. Low-THC cannabidiol oils and other low-THC therapeutic products will generally not be taxed, according to the budget. Prescription drugs derived from marijuana also won’t be taxed. When marijuana is taxed, the tax will apply to federally-licensed producers, and will be either a flat rate on the quantity of cannabis in a given product or a percentage of the sale price of a marijuana product – whichever is higher. So, this could mean that marijuana will be taxed at $1 [...]

By | 2018-03-01T14:44:05+00:00 March 1st, 2018|Blog, News|Comments Off on Budget 2018 outlines how cannabis will be taxed, grants money to fight opioid crisis