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News about Medical marijuana in Canada

Pot becoming a major agricultural product in Canada, latest farm cash receipts show

Pot becoming a major agricultural product in Canada, latest farm cash receipts show  Cannabis is now a major cash crop in Canada. Statistics Canada said that cannabis accounted for about $2.3 billion in farm cash receipts in 2019, up from $564 million the prior year. Cannabis farm receipts are now about one-quarter of what farmers receive for canola, the country's largest crop. An iPolitics report said that cannabis sales helped to increase farmers' realized net income for the first time in three years, and there are now concerns from agricultural advocates that legal pot be stricken from industry calculations as agriculture usually consists of food and fibre products.   Virus-free.

Aleafia graduates to TSX big board following run on venture exchange

Aleafia graduates to TSX big board following run on venture exchangeAnother day, another cannabis company relisting to a new exchange. This time, it's Aleafia Health's turn to graduate from the TSX Venture to the Toronto Stock Exchange big board. Aleafia is jumping to the new exchange effective today, the company said in a statement. Along with its common shares, Aleafia will also list its unsecured convertible debentures and purchase warrants on the exchange. Aleafia's move comes after Aphria announced Tuesday it would soon de-list from the NYSE and move to the Nasdaq.   Virus-free.

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