Original cannabis journalism for Canadians

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GMP Capital to sell capital markets business

The Canadian Press

TORONTO - Shares of GMP Capital Inc. soared after the Toronto-based financial services firm agreed to sell the bulk of its capital markets business to Stifel Financial Corp. in a deal worth roughly $70 million.

GMP's shares on the Toronto Stock Exchange surged after the announcement on Monday, closing at $2.29, up more than 13 per cent.

Five things to watch for in Canadian business

The Canadian Press

TORONTO - Five things to watch for in the Canadian business world in the coming week:

Word from BoC

Virginia AG calls for state to legalize marijuana

The Associated Press

RICHMOND, Va. - Virginia Attorney General Mark Herring is calling for the legalization of marijuana.

Herring said Saturday that Virginia should start decriminalizing possession of small amounts of marijuana and eventually legalize the drug.

Paraguayan NGO distributes free marijuana seeds

The Associated Press

ASUNCION, Paraguay - A nongovernmental organization in Paraguay is distributing free marijuana seeds so that mothers of chronically ill patients can produce CBD oil at home.

The distribution effort by Mama Cultiva at a public square in Asuncion on Saturday was also intended to pressure the government of President Mario Abdo Benítez to authorize home cultivation of the plant.


Cowboys TE Rico Gathers gets 1-game substance-abuse ban

The Associated Press

Canada to allow the sale of cannabis edibles late this year

The Associated Press

OTTAWA - The Canadian government says a limited selection of cannabis-laced food products won't hit retail shelves in the country before mid-December.

Feds: Indicted drug agent duped DEA into hiring him

Jim Mustian, The Associated Press

NEW YORK - A narcotics agent accused of betraying his badge applied for a job with the U.S. Drug Enforcement Administration, so he and a leader of a murderous drug-trafficking ring would become "unstoppable," prosecutors said in new court filings.

Pot edibles to hit shelves by late 2019

Armina Ligaya, The Canadian Press

Growers hope standards bring order to hemp industry 'mess'

Gillian Flaccus, The Associated Press

Low levels of THC don't increase crashes: study

Camille Bains, The Canadian Press

In the news today, June 14

The Canadian Press

Hexo details U.S. plans as Q3 loss deepens

Armina Ligaya, The Canadian Press