Canada Hemp News

Maine’s largest hemp grower eyes blueberry plant for processing site

The largest hemp cultivator in Maine has identified a former blueberry processing plant as its future extraction site. Future Farm Maine – a subsidiary of Vancouver, British Columbia-based Future Farm Technologies – has signed a two-year lease for 12,960 square feet of the 60,000-square-foot building in Belfast, a coastal town about 100 miles north of […]

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Canada hemp farmers blame overproduction for drooping prices

Hemp farmers in Canada say overproduction is depressing prices for seeds. The Canadian Hemp Trade Alliance told the Commodity News Service that Canadian seed prices have fallen from about 75 Canadian cents (58 cents) a pound last year to 55 Canadian cents a pound this year. Canada remains the world’s biggest hempseed producer, devoting about […]

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Canada releases rules for cannabis packaging, ‘micro-cultivation’

When recreational marijuana hits store shelves in Canada later this summer, it will be sold in “plain packaging” that contains only a standardized cannabis symbol and one of 14 health warning messages, according to an updated set of proposals released Monday. The recommendations were part of a Health Canada report summarizing feedback from 3,200 people on […]

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Canadian companies gear up for cannabis-infused market before legalization

Canadian companies are getting a head start on the country’s marijuana-infused beverages industry, even before legislation has been introduced to legalize THC-added products. Companies are turning to cannabidiol, which does not have psychoactive effects and is already legal, to get a leg up on competitors. Recreational cannabis flower and oil are expected to be legalized in Canada by the […]

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Thailand considering steps to become ‘medical marijuana hub’

A proposed revision to Thailand’s notoriously strict narcotics law would ultimately permit the cultivation and use of medical cannabis across the Asian country. The draft text – completed in late 2017 and currently under review by the Office of the Council of State – would have to be sent to the nation’s Cabinet for approval. […]

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Cannabis Wheaton acquires Uruguayan hemp CBD producer for $15 million

Canada’s global cannabis-buying spree is moving to Uruguay. Vancouver, British Columbia-based Cannabis Wheaton announced Tuesday that it plans to spend up to $15 million to acquire 80% of Inverell shares. Based in Uruguaya’s capital, Montevideo, Inverell produces high-CBD hemp and low-THC marijuana. While Canadian marijuana companies have expanded their international reach by purchasing businesses in […]

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Maricann plans to acquire Swiss hemp grower for 8 million Swiss francs

Ontario-based Maricann plans to acquire a hemp farm in Switzerland for 8 million Swiss francs ($8.5 million), making the Canadian medical marijuana producer the latest to seek a toehold in the lucrative European hemp market Maricann announced plans Wednesday to acquire hemp producer Haxxon AG, which grows hemp for CBD products in a 60,000-square-foot facility in […]

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Canadian hemp company inks California distribution deal

A Canadian hemp company clinched a California distribution deal that will see its CBD-infused foods and waters on shelves in 550 dispensaries. Phivida Holdings of Vancouver, British Columbia, said it struck the agreement Wednesday with Green Reef Distribution, a company in Santa Monica, California, that distributes cannabis products. The Green Reef deal gives Phivida its first […]

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Year in Review: Top 10 stories in the marijuana industry from 2017

It was a lung-busting 2017 for the North American cannabis industry, with marijuana executives stateside holding their collective breath wondering whether the new Trump administration would crack down on legal MJ businesses. Amid the uncertainty, Nevada’s new recreational marijuana industry opened in July with skyrocketing sales, while government officials and regulators in California and Canada […]

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Flower power: Canada’s new hemp rules boost CBD production, but limits remain

Canada’s hemp market is about to skyrocket under new regulations that allow the nation’s farmers to use the plant’s flower for cannabidiol extraction. The proposal has farmers and cannabis companies scrambling to capitalize on the change. “This changes everything,” said Jenn Larry, president of CBD Strategy Group, a Montreal-based consulting firm for cannabis companies. “We’ve been growing hemp […]

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Canopy Growth’s latest hemp move could add 2,000 acres

Canopy Growth is moving farther into the Canadian hemp market with the acquisition of hemp land in Saskatchewan that could scale to over 2,000 acres. The medical marijuana producer, which trades on the Toronto Stock Exchange as WEED, on Monday announced the acquisition of Green Hemp Industries. In addition to buying farm operations and associated assets, equipment, […]

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