Full Suite Of Farm Credit Canada’s Financial Lifelines Open To Cannabis businesses

Mar 19, 2020 | Canada

Farm Credit Canada (FCC), a government-owned agricultural lender, says the full suite of its lending products is available to legal cannabis producers across the country – ensuring operators have access to the capital they need to overcome any short-term cash-flow...

3 Marijuana Stocks Poised to Lead a Sector Rebound

Feb 22, 2020 | Canada, Great Lakes Region

As the Canadian cannabis market continues to fail to meet sales projections, the licensed producers (LPs) with the best balance sheets are poised to lead a market rebound. With both Aurora Cannabis and Tilray implementing restructurings, the industry could see a void...

Canadian Cultivators Opt For Outdoor Projects

Feb 19, 2020 | Canada

As a growing number of Canadian cannabis cultivators retreat from costly greenhouse expansions, more applicants than ever are readying lower-cost outdoor projects. The number of authorizations to cultivate marijuana outdoors doubled to 33 so far this year from last...

Ontario Government Considers Cannabis Lounges, Cafes as Part of Future Open Market

Feb 12, 2020 | Canada

Premier Doug Ford’s government said it is considering allowing cannabis lounges and cafes as it moves toward an open market for pot in the province, and is asking the public to weigh in on the proposal. The government said Monday it will consult on the possibility of...

Some Struggling US Cannabis Companies May Look To Canada For Possible Bankruptcy Protection

Feb 5, 2020 | Canada

With capital constraints a growing factor in the marijuana industry, U.S. cannabis companies facing financial pressure are increasingly eyeing Canadian bankruptcy protection as a possible solution to their problems. “It’s a growing trend,” said Zachary...

Ontario Cannabis Stores Are Reducing Their Prices To Compete With Illegal Pot Shops

Jan 9, 2020 | Canada

It may no longer be expensive to go the legal route. Ontario Cannabis Store (OSC) has finally decided to reduce the price of 50 different marijuana products. The retail company said during a press conference on Friday, January 3, 2020, that it now has a gram...