Sunny Freeman

Entries by Sunny Freeman

Greenleaf Medicinals Recall Puts Spotlight On Commerical Marijuana's Growing Pains

(48) Comments | Posted April 22, 2014 | 2:13 PM

Health Canada has dropped one of the country’s first licensed pot companies from its roster of approved medical marijuana producers, pending an inspection. The move comes just 22 days into the federal government’s new commercial marijuana program, putting a spotlight on the system’s growing pains.

The federal agency...

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Marijuana: Canada Falls Behind As Burgeoning Industry Hits New Highs

(63) Comments | Posted April 20, 2014 | 12:57 PM

B.C. bud was once the green standard of marijuana.

It was so well-regarded in the early 2000s that dealers in the U.S. tried to pass off other varieties as Canadian to fetch premium prices. Weed from the west coast carried cachet for being particularly potent, with small time growers...

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RCMP: Medical Marijuana Producers' Shipments Were Not Legal

(43) Comments | Posted April 14, 2014 | 5:40 PM

The Mounties say they confiscated two shipments of medical marijuana bound for licensed producers in Ontario at a British Columbia airport because they contained prohibited items.

The Kelowna, B.C. detachment of the RCMP said Monday that the marijuana contained in the shipments “didn’t match what was authorized to be transferred.”...

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Heartbleed Security Flaw Won't Faze Bitcoin's Boosters

(4) Comments | Posted April 14, 2014 | 4:23 PM

“In cryptography we trust” was the slogan plastered on signs and t-shirts at the first Bitcoin Expo held in downtown Toronto this past weekend as hundreds of the most dedicated Bitcoin enthusiasts gathered to discuss the virtual cash.

But in this era of cyber insecurity, it’s getting increasingly difficult to...

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Jim Flaherty Obituary: 11 Ways He Changed Canada

(61) Comments | Posted April 10, 2014 | 4:24 PM

Jim Flaherty, who passed away suddenly Thursday at 64, will go down in Canadian history books as one of the longest-standing and most well-respected finance ministers to serve this country.

His career as a Conservative politician spans nearly 20 years, having first been elected as an Ontario MPP...

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Tweed Inc., Medical Marijuana Company, Gives Up On Pot Seized By RCMP

(43) Comments | Posted April 10, 2014 | 12:21 PM

Medical marijuana producer Tweed Inc. is abandoning a shipment of pot that was seized by the Mounties last week but maintains the company, which is licensed by Health Canada, did nothing wrong.

The RCMP confiscated two shipments at the Kelowna airport last week, one bound for Tweed and one for...

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Income Tax Time Approaches: What You Need To Know About Avoiding Audits

(6) Comments | Posted April 7, 2014 | 8:19 AM

Don’t panic. The time to file 2013 income taxes is upon us, with less than a month to go until the April 30th deadline.

Some Canadians are scrambling to collect all their receipts and income slips, while others are dragging their feet, dreading the annual number crunch.

And a...

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Medical Marijuana Stocks Active On TSX Venture As Tweed Inc. Debuts

(22) Comments | Posted April 4, 2014 | 5:01 PM

Friday was an unusually active day for fans of marijuana — at least on the stock market.

Tweed Marijuana Inc. became Canada’s first licensed provider of medical marijuana to go public and investors seem eager to jump on the hype surrounding the green rush.

The stock raced...

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Medical Marijuana Grower Tweed Inc. To Start Trading Shares Friday

(78) Comments | Posted April 3, 2014 | 11:55 AM

Investors will be able to buy shares in Canada’s first publicly-traded medical marijuana company starting Friday.

Tweed Marijuana Inc., one of 12 producers licensed so far by Health Canada, expects its shares to begin trading on the Toronto Venture Exchange when the opening bell rings Friday. It...

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Struggling Junior Miners Watch Penny Stocks Grow Thanks To Medical Marijuana

(14) Comments | Posted March 31, 2014 | 10:44 AM

A flurry of Canadian resource exploration companies are abandoning the dream of striking it rich in the gold rush in favour of what they see as the next big thing: the green rush.

The Street is starting to take notice of a trend in penny stocks jumping into the...

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Federal Court Ruling Throws Future Of Medical Marijuana Industry Into Doubt

(187) Comments | Posted March 27, 2014 | 11:40 AM

The promise of a billion dollar Canadian medical marijuana industry may have gone up in smoke before the market even gets off the ground.

Once projected to be worth some $1.3 billion with a customer base of nearly half a million Canadians, the emerging industry was dealt an early...

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Ring Of Fire Agreement Places Northern Ontario Project Step Closer To Reality

(19) Comments | Posted March 26, 2014 | 4:39 PM

Ontario and Matawa First Nations have reached a momentous agreement that paves the way for progress in developing the lucrative but lumbering Ring of Fire mining project.

The province’s Ministry of Northern Development and Mines said Wednesday that the agreement had been signed by the province and the chiefs of...

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Court Ruling Won't Sway Health Canada On 'Narcotic' Marijuana

(123) Comments | Posted March 21, 2014 | 7:46 PM

Health Canada isn't backing down after a federal court ruled against the government's efforts to ban medical marijuana users from growing their own pot.

In the wake of Friday's court decision, the federal department which runs the medical pot program said it will "review the ruling and consider its...

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Most Fiscally Irresponsible Provinces, According To C.D. Howe

(19) Comments | Posted March 21, 2014 | 12:07 PM

Provincial governments in the Prairies are the worst chronic overspenders in Canada when it comes to delivering what they promise in their budgets, an advance glance of C.D. Howe’s latest “Pinocchio index” reveals.

Saskatchewan has been the worst offender in overspending on their budget plans over the past decade,...

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Canada's Digital Divide Persists, CIRA Report Shows

(86) Comments | Posted March 20, 2014 | 7:47 AM

Canada is one of the most wired countries in the world, but a growing number of connected households is not helping to close a persistent digital divide, a new report suggests.

The Canadian Internet Registration Authority’s 2014 Factbook found that 87 per cent of Canadian...

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Medical Marijuana Patients Oppose Health Canada Changes

(154) Comments | Posted March 3, 2014 | 4:40 AM

Robert Davidson’s multiple sclerosis left him unable to walk for 15 years. He had prescriptions for 13 different drugs – including high doses of morphine that left him feeling like a zombie.

Since 2000, however, when he started using cannabis as a medicine, his health has markedly improved. He is...

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The Willy Wonka Of Weed: How A Chocolate Factory Became A Pot Grow-Op

(48) Comments | Posted February 24, 2014 | 4:09 AM

ONE HERSHEY DRIVE, SMITHS FALLS, Ont. — Chuck Rifici is acting like a kid in, well, a chocolate factory.

Last September, the CEO of Tweed Inc. was handed the keys to the shuttered Hershey’s plant in this town just south of Ottawa. In January, his company received approval from the...

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Bank of Montreal Shuts Down Bitcoin Business Accounts: Report

(0) Comments | Posted February 19, 2014 | 1:26 PM

A Vancouver-based bitcoin exchange says its account has been shut down by the Bank of Montreal and claims the bank is closing all accounts owned by businesses who trade in bitcoins.

In a statement on its website, Cointrader said BMO was the “last remaining bitcoin-friendly charter bank” in Canada...

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Roll Up The Rim 2014 From Tim Hortons To Feature TWO Chances To Win

(57) Comments | Posted February 16, 2014 | 5:00 PM

Roll Up The Rim is back starting Monday, and Tim Hortons is using the contest to mark their 50th anniversary in a big way. For the first time ever, Tim Hortons is offering customers two chances to roll up the rim on each cup. Yes, that’s...

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Ring Of Fire Project Progressing Despite Setbacks Says Mining Minister

(5) Comments | Posted February 14, 2014 | 4:52 PM

Ontario’s mining minister says Ring of Fire negotiations are “productive and encouraging,” despite a series of setbacks including the exit of the biggest player, the federal government’s lack of commitment and turmoil in the global mining industry.

At a press conference on Friday, Michael Gravelle had a...

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