Health & Wellness – Canadian Investor

Tilray, U.S. brand group partner on cannabis-infused consumer products

January 15, 2019 CanadianInvestor

Licensed producer Tilray Inc. has teamed up with the U.S. company behind brands such as Juicy Couture, Aeropostale and Nine West to develop and sell co-branded consumer cannabis products globally, with items expected to hit U.S. and Canadian shelves within the next year. The Nanaimo, B.C.-based company announced Tuesday the long-term revenue sharing agreement with Authentic Brands Group, to whom Tilray will initially pay... Read More

Pot producers face pushback over odour, smell in Ontario farming town

January 13, 2019 CanadianInvestor

PELHAM, Ont. — David Ireland is frustrated by the “skunk smell” of pot that wafts down from two cannabis cultivation facilities roughly five kilometres away and lingers outside his home, even in the winter. “On hot humid days, it’s worse because they have to vent more often … You wouldn’t be able to open your windows,” he said. The town of Pelham, Ont., where... Read More

Aphria chief executive and co-founder stepping aside from executive roles

January 11, 2019 CanadianInvestor

Aphria Inc.’s chief executive will step down from the top job after the “toll on health, family and personal priorities,” but Vic Neufeld says the decision is unrelated to recent short-seller allegations that have hit the cannabis producer’s stock. The Leamington, Ont.-company also announced Friday that co-founder Cole Cacciavillani will also leave his current role in the coming months, but both he and Neufeld... Read More

Shoppers-branded Botox clinics launch amid concerns of ‘cookie-cutter’ cosmetics

January 10, 2019 CanadianInvestor

TORONTO — Shoppers Drug Mart takes its most aggressive step into the beauty business this weekend with its first stand-alone clinic to offer Botox injections, fillers, laser treatments and medical-grade peels. But while the Beauty Clinic by Shoppers Drug Mart is being touted as “a natural extension” of the drugstore chain’s moves into the cosmetics space, some wary observers fear... Read More

Shoppers Drug Mart lights up medical cannabis e-commerce sales portal

January 8, 2019 CanadianInvestor

BRAMPTON, Ont. — Shoppers Drug Mart’s e-commerce platform for medical cannabis launched Tuesday, a month after Health Canada licenced the company to sell the product online. Product information is available nationally, but Shoppers Drug Mart can initially only sell medical cannabis to patients in Ontario. Patients will be required to take a medical document similar to a prescription to an Ontario pharmacy to begin the process. Specialized... Read More

Home items are getting smarter and creepier, like it or not

January 7, 2019 CanadianInvestor

NEW YORK — One day, finding an oven that just cooks food may be as tough as buying a TV that merely lets you change channels. Internet-connected “smarts” are creeping into cars, refrigerators, thermostats, toys and just about everything else in your home. CES 2019, the gadget show opening Tuesday in Las Vegas, will showcase many of these products, including... Read More

Survey: US firms added a strong 271,000 jobs in December

January 3, 2019 CanadianInvestor

WASHINGTON — U.S. businesses added a robust 271,000 jobs in December. Payroll processor ADP said Thursday that last month’s job gains marked a sharp upturn from November’s gain of 157,000. The gains, if backed up by government numbers due Friday, could be strong enough to reduce the unemployment rate. The burst of hiring last month comes as financial markets are... Read More

The changing nature of Canada’s forest supply as fires, bugs, and climate bite

December 28, 2018 CanadianInvestor

Mills in the heart of Canada’s timber industry have fallen quieter this winter as wildfires and infestations made worse by climate change have made vast tracts of once valuable forest into barren stands of dead trees. After seeing record high softwood lumber prices earlier this year, Canada’s forestry industry is facing an uncertain future due to falling demand from a cooling U.S. housing market, increasingly frequent and intense forest fires and... Read More

How long can it go? Resilient economy enters 2019 with signs of weakness

December 27, 2018 CanadianInvestor

OTTAWA — The Canadian economy entered 2018 on an unexpectedly impressive run. The country begins 2019 on a healthy note but signs of weakness have raised a key question: how long until the good times come to an end? Through much of 2018, Canada’s unemployment rate hovered near a 40-year low and job-creation remained strong as the evidence pointed to an economy going at close to full tilt. The handoff... Read More

The life cycle of a cannabis plant, from seed to store

December 26, 2018 CanadianInvestor

TORONTO — Licensed cannabis producers are ramping up production to address shortages that have plagued the pot market since legalization in October, but the time required to grow the average marijuana plant means consumers likely have a few more weeks to wait. Cannabis lives up to its nickname and grows like a weed, but the plant needs as many as 18 weeks to progress... Read More