Tag: CBT > Canada: Page 27

Legislation and Regulation

DEA Deschedules Epidiolex, Senators Urge SBA to Extend Economic Assistance to Cannabis Businesses: Week in Review

Effective immediately, the DEA has descheduled GW Pharmaceuticals’ Epidiolex, which was initially listed under Schedule V following its approval in 2018.

April 11, 2020

Finance

Rubicon Organics Announces Sale of Washington Greenhouse, Strengthening of Balance Sheet and Strategic Exit from the U.S.

Proceeds from the sale of the greenhouse will strengthen the company’s balance sheet, providing working capital to ramp-up production and sales across Canada.

April 8, 2020

Canadian Cannabis Market

Ontario Allows Cannabis Retailers to Reopen with Delivery and In-Store Pick-Up Services

The province passed an emergency order allowing dispensaries to reopen after deeming them “non-essential” in an update last week.

April 8, 2020

Legislation and Regulation

Canadian Cannabis Industry Now Eligible for Funds Issued to Businesses as Part of COVID-19 Relief Efforts

While the industry was initially excluded from Ottawa’s plan to aid the economy, the Business Development Bank of Canada has clarified that cannabis businesses can qualify for loans and other assistance.

April 8, 2020

Industry Headlines

Canopy Growth Announces Changes to its Board of Directors

Terry Yanofsky and David Lazzarato have been appointed as John Bell and Peter Stringham retire from the CGC Board.

April 1, 2020

Canadian Cannabis Market

The Green Organic Dutchman Receives Health Canada License Amendment for Its Ancaster Processing Facility

Receipt of the license enables the automation of several processes.

March 30, 2020

Legislation and Regulation

DEA Takes Steps to Approve Cannabis Cultivation Applications, States Issue New Rules for Industry Amid COVID-19 Concerns: Week in Review

The Drug Enforcement Administration has issued a notice of proposed rulemaking to amend its regulations in an effort to approve pending applications for licenses that allow entities to grow cannabis for research purposes.

March 28, 2020

Legislation and Regulation

Canadian Cannabis Firms Brace for COVID-19, Potential Fallout

Canadian cannabis companies implement work-from-home protocols as an already tough capital market tightens up even more.

March 26, 2020

California

Cannabis Companies and Suppliers Offer Help in Creating Medical Supplies for COVID-19 Response

Aloha Green Apothecary, CannaCraft and Keirton (Twister Trimmer) have found themselves uniquely positioned to fill the supply void.

March 26, 2020

Finance

Alberta Cannabis Council Calls on Canadian Government to Provide Access to Relief Funds

As Canadian cannabis industry reels from limited access to investor funds, job losses and now the COVID-19 pandemic, federal disaster relief funds.

March 23, 2020

Finance

Cannabis Industry Grapples with COVID-19 Outbreak, Maine Issues First Adult-Use Licenses: Week in Review

From regulators allowing cannabis delivery and curbside sales to dispensaries being deemed “essential” during shutdowns, the industry is adjusting rapidly.

March 21, 2020

Finance

Cannabis Operators Excluded from SBA’s Disaster Assistance During COVID-19 Pandemic

Low-interest loans up to $2 million offered by the Small Business Administration amidst the coronavirus outbreak will not extend to state-legal cannabis businesses.

March 18, 2020