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Canada awaits hemp boom, with companies pivoting to capitalize on CBD

Canada awaits hemp boom, with companies pivoting to capitalize on CBD

Excitement about hemp’s market potential is white-hot in Canada, where hemp production already overwhelms the United States and changing regulations could unleash a huge new market for CBD products.

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Lumby could become a significant producer of legal medical marijuana

Lumby could become a significant producer of legal medical marijuana

True Leaf Medicine International has put a $100,000 down payment on a 40-acre Lumby property and has the option to purchase it for $3.3 million until the end of the year. True Leaf still needs to raise the funds to finance the deal but is optimistic that will go smoothly...

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B.C. medical pot company acquires option to buy Lumby land for cannabis production

B.C. medical pot company acquires option to buy Lumby land for cannabis production

Vernon-based True Leaf Medicine (CSE:MJ) announced September 28 it has acquired an option to buy 40 acres of land in Lumby. The company paid $100,000 to acquire the option, which is exercisable until the end of the year for a total cost of $3.3 million.

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True Leaf Medicine International Ltd.

True Leaf Medicine International Ltd.

Darcy Bomford has three decades of executive management experience and a 30-year history of manufacturing pet products in three federally inspected plants throughout the USA and Canada.

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