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Exclusive: Canada could make it harder for U.S. to win fighter bid – sources

“Canada is considering whether to penalize companies from countries that have caused it economic damage, the sources said on Wednesday” writes Midwest Communications Inc for 95kqds.com. Ottawa has already said bids will be evaluated in part by examining whether firms competing for the order have caused any past economic damage to Canada. Ottawa froze talks with Boeing about the fighter jet contest but after the company’s trade challenge against Bombardier failed, Canadian officials made clear the firm would not be discriminated against if it chose to bid.Canada – which is…

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Seattle’s Privateer launches $100M IPO for its Canadian marijuana company

“British Columbia-based Tilray, owned by Privateer Holdings of Seattle, has focused on medical cannabis but now aims to capitalize on the impending legalization of recreational marijuana in Canada” writes Derek Hall for seattletimes.com. Tilray, which both grows and sells medical marijuana in Canada, filed papers Wednesday for an initial public offering in the U.S. that could raise $100 million.Privateer, a holding company that also owns U.S. marijuana brands such as Seattle-based The Goodship and Marley Natural, launched Tilray in Canada in 2014.The company, a subsidiary of Seattle-based Privateer Holdings, supplies…

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Canada just became the 2nd country in the world to legalize marijuana

“REUTERS/Patrick Doyle Canada is the second country in the world to legalize marijuana, paving the way for recreational sales throughout the country” writes Jeremy Berke for businessinsider.com. A Canadian flag with a marijuana leaf at a 2012 rally to legalize marijuana in the country.The Canadian Marijuana Index, an aggregate measurement of all publicly listed marijuana stocks in Canada, was up 3.3% as of 10:45 a.m.Canada’s Upper House of Parliament on Tuesday evening approved the revised bill 52-29, making Canada the first G7 country to legalize marijuana.Several Canadian marijuana firms, including…

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Canada marijuana stocks jump after recreational bill clears hurdle

“Canadian cannabis producers have been an investor favorite ahead of the country’s plan to legalize recreational marijuana use, as well as some international approvals of medical cannabis” writes Midwest Communications Inc for 95kqds.com. Their biggest concerns include safety, impairment and increased use of marijuana by employees, the report found. Source: 95kqds.com Share This:

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Legal marijuana is set to outsell liquor in Canada by 2020

“Canada’s legal marijuana market is set to be bigger than liquor by 2020” writes Jeremy Berke for businessinsider.com. And the country’s legal marijuana market is seeing green in more ways than one.REUTERS/Chris Wattie Canada became the second country in the world (after Uruguay) to legalize marijuana nationwide on Tuesday evening, paving the way for recreational sales of marijuana throughout the country.CIBC predicts Canadians will buy over 800,000 kilograms (over 1.7 million pounds) of marijuana by 2020. Canada is set to legalize marijuana nationwide this summer, with retail sales likely to…

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Canada Passes Bill To Legalise Recreational Cannabis Nationwide

“The law makes Canada the second country to have a nationwide, legal marijuana market, after Uruguay and each province will come up with rules for its sale” writes Steven Hopkins for huffingtonpost.com. California, home to one in eight Americans, launched the United States’ biggest legal marijuana marketplace on January 1.Canada’s Senate has given final passage to the federal government’s bill to legalise recreational cannabis – though Canadians will have to wait at least a few months to legally buy it. Source: huffingtonpost.com Share This:

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Canada legalizes recreational use of marijuana

“Canada’s upper house of parliament on Tuesday approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the first Group of Seven nation to legalize cannabis” writes Aol Staff for aol.com. Canadian marijuana companies like Canopy Growth Corp , Aphria Inc, Horizons Marijuana Life Sciences ETF and Aurora Cannabis Inc have been at the center of investor frenzy surrounding attempts to legalize marijuana for recreational use nationwide.Our plan to legalize & regulate marijuana just passed the Senate,” Trudeau said in a tweet.As the first…

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Canada legalises recreational cannabis use nationwide

“The law makes Canada the second country to have a nationwide, legal marijuana market, after Uruguay” writes Steven Hopkins for huffingtonpost.co.uk. The most controversial aspect of Canada’s move to legalise marijuana nationwide has been setting the minimum age for use at 18 or 19, depending on the province.California, home to one in eight Americans, launched the United States’ biggest legal marijuana marketplace on January 1.Canada’s Senate has given final passage to the federal government’s bill to legalise recreational cannabis, though Canadians will have to wait at least a few months…

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Canada mulls auto firms aid in response to U.S. tariffs threat

“The message I would convey to the auto sector workers is – we have your backs.”” writes Midwest Communications Inc for 95kqds.com. Trudeau’s Liberals will need support from auto sector workers to win re-election in October 2019.”We’d need to have an aid package; that’s for damn sure,” said Jerry Dias, head of the influential Unifor private sector union, when asked about auto tariffs. Source: 95kqds.com Share This:

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USD/CAD Forecast June 18-22 – Canadian Dollar Trump-ed, double-feature Friday watched

“Things are only getting worse for the Canadian dollar” writes Yohay’s Google Profile for forexcrunch.com. Our latest podcast is titled Truce in trade and dollar domination Follow us on Sticher or iTunes. Dollar/CAD closed a turbulent week on the upside as trade concerns and the Fed pushed the greenback higher.The US dollar continued forward and trade concerns gave a boost to the pair later in the week when the US imposed tariffs on China. Source: forexcrunch.com Share This:

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