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[Canada] National Bank avoiding cannabis partly due to concerns over potential tobacco-style lawsuits

“There’s significant risks of class-action lawsuits with respect to the cannabis industry,” said chief executive Louis Vachon during the bank’s annual shareholder meeting on Friday. “The tobacco industry operated for 50 years without class action. I
Financial Post (ca)
added Apr 21, 2018 02:02
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[Canada] Decolonizing cannabis: can legalization set Indigenous communities free?

“This is going to be bigger than tobacco,” says Jamie Kunkel, who owns Smoke Signals, a medical cannabis dispensary on the Tyendinaga Mohawk Territory east of Belleville more
NOW Magazine (ca)
added Apr 20, 2018 14:39
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Alliance One Is Still Risky, But New Business Lines Bring Upside Potential

AOI is a high risk/high reward play on the burgeoning e-cig, hemp, and cannabis markets. The company’s performance is largely determined by external factors such as weather and currency swings, and high debt ratios are a big concern. Management’s “One To
Seeking Alpha blog network
added Apr 13, 2018 17:48
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[Canada] P.E.I. marijuana business expects jobs, production to blossom after purchase

The purchase of Canada’s Island Garden by a large American company will allow P.E.I.’s pot plant to grow exponentially, says the company’s president and CEO. ... How wonderful is it to have U.S. tobacco-leaf merchant Alliance One International Inc. acqui
(Prince Edward Island) Guardian (ca)
added Feb 14, 2018 03:50
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Legal Cannabis Sales Projected to Rise Across North America

22nd Century Group Inc. (NYSE: XXII) is a plant biotechnology company focused on genetic engineering and plant breeding which allows the increase or decrease of the level of nicotine in tobacco plants and the level of cannabinoids in hemp/cannabis plants
PR Newswire
added Dec 27, 2017 16:39
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[Texas] EDITORIAL: Money and Addiction: Will opioid lawsuit turn out like tobacco settlement?

In the end, government and lawyers raked in the cash. The tobacco industry did have to change its marketing strategy a bit, but the same cigarettes are still available just about everywhere—selling well enough to generate record profits for the top tobacc
Texarkana (TX) Gazette
added Oct 15, 2017 11:05
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[New York] KOZLOWSKI/HALL: Why the marijuana and tobacco policy camps are on very different paths

In the end, Kozlowski added, “The proper regulation of recreational drug products that have some adverse effects should be to restrict youth access, promote cessation of use in those who desire to quit, promote less-harmful modes of use by providing accu
University of Buffalo
added Jun 8, 2017 20:17
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Blowing smoke: Profit motive — and scant evidence — propel dire warnings about surgical fumes

Just breathing the air in an operating room where hot surgical tools are being used to slice and cauterize tissue — emitting puffs of caustic smoke in the process — is said to be the equivalent of smoking up to 30 unfiltered cigarettes a day. The smoke co
statnews.com
added May 11, 2017 20:05
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The Other Right-Wing Tidal Wave Sweeping America: Federal and State Preemption of Local Progressive Laws

the National League of Cities released a report tracking an outbreak of state laws stepping on and nullifying local progressive laws and policies across the country. The picture it paints in seven key areas is shocking to anyone who believes in local demo
AlterNet.org
added Mar 3, 2017 13:23
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[California] 'Pot-friendly' gym where people will be encouraged to use the drug while working out will open in San Francisco

Jim McAlpine is set to open Power Plant Gym in San Francisco, California - where not only will smoking pot during a workout be acceptable, it will be encouraged. The 46-year-old, along with former NFL star and marijuana advocate Ricky Williams, is hopin
The Daily Mail and Mail on Sunday (uk)
added Feb 27, 2017 16:46
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