• Business Directory
    • Business Categories
    • Pricing
    • Submit Listing
  • Analysis
  • Cannabis Industry
  • Health & Care
  • News
  • Opinion
  • Quotes
Excessively

Cannabis Legalization, Made Excessively Simpler

Excessively
  • Business Directory
    • Business Categories
    • Pricing
    • Submit Listing
  • Analysis
  • Cannabis Industry
  • Health & Care
  • News
  • Opinion
  • Quotes
  • Canada
  • News

6 New LPs Approved by Health Canada

  • Posted on January 1, 2019
  • Ashley Priest
Total
0
Shares
0
0
0

2018 has been an incredible year for cannabis. The industry has taken leaps and bounds with billions of dollars being exchanged in mergers and new ventures. Many new countries and states have legalized medical or recreational cannabis this year, and on the final day of 2018, there is news coming out of Canada. This morning Health Canada provided an update to its directory of licensed processors, sellers, and cultivators.

The update consisted of the addition of 6 new licensed processors also known as LPs. With this new addition, there are now 140 licensed processors in Canada that are certified to process cannabis for either the medical or retail market.  This is exceptional news considering the number of product shortages and recalls that have occurred as of late.

The List of Six

The six new processors approved by Health Canada include the following;

  • ARA – Avanti RX Analytics Inc. – Ontario
  • Hollyweed Manufacturing & Extracts Inc. – British Columbia
  • SynFine Research Limited – Ontario
  • Toronto Research Chemicals Inc. – Ontario
  • Zenalytic Laboratories – British Columbia
  • DoseCann LD Inc. – Prince Edward Island

This addition brings the total number of new licensed processors approved by Health Canada in 2018 to 56. Last year, in 2017, there were 47 new LPs approved by the department. While legalization of retail cannabis occurred in October of 2018, this is the first addition to the list since March!

This is great news for Canada. It is without a doubt that Canadians cannabis. Having an abundance of licensed processors and cultivators throughout the nation is critical for the supply of cannabis to meet demands.

The Market Thus Far

In the first two weeks of recreational cannabis sales, Canadian adults bought over $43 million in cannabis products. This number is only expected to grow as the market welcomes more products such as cannabis oils and cannabis edibles next year.

Remember sharing is caring so share this hempsational news with everyone you know!

Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Ashley Priest

Ashley Priest is a mother, a wife, a writer and a medical cannabis patient. She has a passion for sharing education surrounding cannabis with the world to help remove the negative stigmas that still surround cannabis in many places today.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

52 Likes
9K Followers
454 Followers
6 Subscribers
0
Cornerstone Content
  • Book History of Weed
  • Quotes Best Weed Quotes
  • Bank Cannabis Banking Resources
  • Top smokers Top Smokers Changed World
Featured Posts
  • 1
    Glossary of Marijuana Terms and Terminology
    • Posted on April 24, 2019
  • 2
    50 of the Best Weed Quotes and Sayings
    • Posted on December 17, 2018October 3, 2020
  • 3
    Massachusetts Opens Doors to Dispensaries on the East Coast
    • Posted on November 30, 2018December 30, 2018
  • 4
    Real Stories of Utilizing Medical Cannabis While Pregnant and Breastfeeding
    • Posted on November 18, 2018December 20, 2018
  • 5
    The Wild West: Canada’s Legalization of Marijuana
    • Posted on November 9, 2018December 20, 2018
about
We’re here to help spread the word about cannabis industry and provide you with up-to-date cannabis news from across the country and around the world.
Read More
Important Links
  • About Us
  • Meet The Team
  • Contact
Important Links
  • Become A Guest Contributor
  • Advertising and Sponsorship
  • Disclaimer

Business Categories

Getting Started

  • Cannabis Investors
  • Cannabis Business Lawyers
  • Consulting Firms
  • Banking & Payment Processing
  • Working Capital Loans
  • Real Estate
  • Accounting Services

Production

  • Grow Lights
  • Soil & Nutrients
  • Cultivation Equipment
  • Extraction Equipment
  • Distillation Equipment
  • Greenhouse & Light-Dep
  • Seed Banks

Marketing

  • Website Development
  • SEO & Social Media
  • Advertising Agencies
  • Publications
  • Public Relations
  • Photo + Video

Operations

  • Security & Transportation
  • Staffing & Recruiting
  • Testing & Compliance
  • Business Software
  • Packaging Solutions
  • Cannabis Business Insurance

Networking

  • Events & Conferences
  • Trade Associations
  • Political Organizations
  • Training & Education
  • Tourism & Travel
  • Social Networks & Job Boards

Patient Focus

  • Vaporizer Brands
  • Hemp & CBD Products
  • Online Headshops
  • Gear & Storage
  • Apparel & Lifestyle Brands
  • Medical Services & Resources

Input your search keywords and press Enter.