Tweed Looks to Control Nearly Half of Canadian Cannabis Market

The Canadian medical cannabis industry is expected to reach $1.3 billion in size by 2024, according to Health Canada, with over 400,000 patients joining over the next nine years. With about 16 licensed producers under the new MMPR program, the market has been heating up following the Canadian Supreme Court’s ruling that cleared... more →
Posted in: Investing

Update On Medical Marijuana: Bedrocan Merges With MMPR As Majority

The move will also bring down base costs, help the company greatly expand its patient base, and lock down supply; an important benefit, as Bedrocan currently supplies much of Europe with its medicinal cannabis and could only spare so much for Canadians previously. Approval of their facility has been the sole missing piece of the... more →
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Highmark Alters Share Exchange Agreement With BCBud And Blue Moon

The total consideration for the acquisition remains the same: Highmark will issue a total of 2,500,000 common shares to Blue Moon. The remaining 2,250,000 common shares to be issued upon the closing of the share exchange agreement will be subject to an escrow agreement. 250,000 common shares will be released from escrow on receipt... more →
Posted in: Investing

Benton Capital Provides Acquisition Update Of Folium Life Science Inc.

Due to the fact that the Ready-to-Build letter was not received by November 15, 2014, the Company was required to return funds held in escrow related to a non-brokered private placement of subscription receipts plus pro-rata net interest earned on the funds to the underlying subscribers. Under Benton and Folium’s current share... more →
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On Road To Mmpr Licensed Producer Status, Enertopia Makes Progress

Enertopia Corp. ( ENRT ), an aspiring licensed producer under Canada’s Marihuana for Medical Purposes Regulations (“MMPR”), has been making steady progress towards securing a license since our initial coverage and follow-up coverage detailing its three projects. While the timeline depends largely on Health Canada,... more →
Posted in: Investing

Enertopia Makes Progress On Road To Status Of MMP Licensed Producer

Enertopia Corp. (ENRT), an aspiring licensed producer under Canada’s Marihuana for Medical Purposes Regulations (“MMPR”), has been making steady progress towards securing a license since our initial coverage and follow-up coverage detailing its three projects. While the timeline depends largely on Health Canada,... more →
Posted in: Investing