Last week, reports from Ontario government indicated that the province will allow private retailers to sell cannabis upon the opening of the recreational market on October 17, 2018. According to a recent CBC article, licensed producers in Ontario see this as a positive announcement that will benefits both cultivators and end-users alike.

The private sale of cannabis is expected to allow individual retailers “to decide which products to carry and respond to local trends and demands that a province-wide distributor might otherwise not interested in.” This would provide for a more dynamic marketplace that works to address the needs of consumers.

James E. Wagner Cultivation (TSXV:JWCA) CEO Nathan Woodworth was quoted in the article and provided his insight into why a government-led sales process might not be as effective. “When provinces step in and add in layers of control, it can almost become prohibitive for end users and that’s exactly what we want to avoid,” he said.

Along with a couple of other companies referenced in the article, James E. Wagner would consider expanding its business to sell cannabis products if the provincial government moves ahead with this plan.

The provincial government is expected to make an announcement regarding the proposed plan for allowing private retailers to own and operate cannabis shops within the next week.

To read the full article, click here.

Click here to connect with James E. Wagner Cultivation (TSXV:JWCA) for an Investor Presentation.

 Matica Enterprises Inc. (CSE: MMJ) (OTCQB: MMJFF) (FSE: 39N) (“Matica” or the “Company”) reports the Company has granted 6,500,000 stock options exercisable at $0.05 for five years from date of grant. These include 4,000,000 options to two officers (who are also directors) and, 2,500,000 to two consultants.

For more information on Matica Enterprises please visit the website at:

Keep reading... Show less

The Company welcomes adult-use customers at its eight dispensaries across the state and will create 120 new jobs in surrounding communities

– Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf” or the “Company”), a leading U.S. provider of consumer products in cannabis, today announced it will begin serving adult-use consumers across its eight dispensaries in Arizona .

Keep reading... Show less

Harvest Health & Recreation Inc. (“Harvest”) (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today announced the launch of recreational cannabis sales in Arizona .

Keep reading... Show less

Jason Mitchell Co-Founder, Director and Chief Executive Officer, HempFusion Wellness Inc. (“HempFusion” or the “Company”) (TSX: CBD.U), and his team joined David Chelich Sector Head, Global Energy and Diversified Industries, TMX Group, to celebrate the Company’s new listing on Toronto Stock Exchange and open the market.

Keep reading... Show less

Revive Therapeutics Ltd. (“Revive” or the “Company”) (CSE: RVV, USA: RVVTF), a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, is pleased to announce that it is one of the seventeen companies in the U.S. and Canada that will be included in the First Psychedelics Exchange Traded Fund, which is managed by Horizons ETF Management.

The Horizons Psychedelic Stock Index ETF index is expected to start trading on Tuesday, January 26, under the ticker PSYK on the NEO exchange.

Keep reading... Show less