Canada Hemp News

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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US hemp production doubled in ’17, report says

The U.S. hemp crop doubled this year, according to new survey data from a prominent hemp-advocacy group. Vote Hemp counted a total of 23,346 acres growing hemp in 18 states. That’s more than twice as much as hemp land as 2016, when the group counted 9,649 acres growing in 15 states. State licenses to cultivate […]

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Canada awaits hemp boom, with companies pivoting to capitalize on CBD

Excitement about hemp’s market potential is white-hot in Canada, where hemp production already overwhelms the United States and changing regulations could unleash a huge new market for CBD products. Company after company in Canada is gambling that the government will soon dramatically expand how the nation’s 120,000 acres of hemp can be used.

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Canadian MJ grower buys Maine hemp farm for CBD production

A Canadian company that specializes in indoor marijuana production is going outside – buying a Maine hemp farm to ramp up its CBD oil production. Future Farm Technologies of Vancouver said in a news release it has acquired a 120-acre industrial hemp farm in Amity, Maine. Terms weren’t disclosed. Derek Ross, the farm operator and Future […]

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Canadian MMJ Producer Partnering With Brazilian Company

One of Canada’s largest medical cannabis producers has found yet another international partner – this time in Brazil. Canopy Growth Corp., which owns Bedrocan, has teamed up with Brazilian company Entourage Phytolab SA and also founded a new subsidiary, Bedrocan Brazil. The latter will import MMJ products via either Canada or the Netherlands, according to the […]

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$42M Merger Creates Hemp Juggernaut in Canada

A single company is about to dominate Canada’s thriving hemp-based foods industry. Manitoba Harvest this week acquired Hemp Oil Canada for $42 million, which will give the combined company an edge in two industries: hemp foods and hemp ingredients, according to the Winnipeg Free Press. Manitoba Harvest will generate an estimated $75 million in annual […]

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Jimi Hendrix Marijuana Product Line in Works

Yet another celebrity’s name could soon be tacked onto a line of marijuana products. Toronto-based Nutritional High intends to manufacture marijuana and hemp-based edibles – including hard candies and health and energy drinks – bearing the name of legendary rock guitarist Jimi Hendrix, according to a report by CNNMoney. But the business plan could hit a […]

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