#CanopyRivers

[licensedproducers]

Cannabis Aid Coming After All?

Some of the World’s Biggest Cannabis Companies Asking for Help to Save the Industry – LPC

The Canadian government has set up a stimulus fund of $10 billion through Export Development Canada and the Business Development Bank of Canada. This is to help companies survive the economic disaster the COVID-19 outbreak brought on. However, cannabis companies have been left out. Now, 71 cannabis companies across Canada are asking the government for some cannabis aid for its workers. Aurora’s Rick Savone, senior vice-president of global government relations, said the licensed producer system is in jeopardy. “If we don’t take measures now to protect the industry... we put at risk all of the progress that we made from a policy perspective,” Savone said. “We serve a victory to the black market.” Aurora along with other companies including Canopy Rivers Inc. (a subsidiary of Canopy Growth that holds several companies in its portfolio including PharmHouse), WeedMD, Organigram and Fire and Flower Inc., wrote Ministers Bill Morneau (Finance) and Navdeep Bains (Industry) asking for access to cannabis aid in the form of wage subsidies. Cannabis aid couldn’t come at a better time. The cannabis industry is already facing hardships. Cannabis sales declines last year coupled with Ontario’s slow retail growth impacted many companies including the big ones. In February Aurora, shed 500 jobs and wrote down up to $775 million. Things were looking up when Ontario finally opened for business. Then, COVID-19 hit.

Cannabis Aid Could Preserve the System – LPC

Companies throughout the supply chain could use cannabis aid, including retailers. Calgary-based YSS Corp., also a subsidiary of Canopy Rivers, operates 17 cannabis stores in Alberta and Saskatchewan. YSS chief executive Theo Zunich said they had to close one store and dramatically cut hours in its others. Many workers are opting to stay at home – a choice the company offered to employees. “We’re just constantly balancing this decision of whether we should put everybody on employment insurance,” Zunich said. Although he supports cannabis aid in theory, YSS wouldn’t qualify, he said. And, it probably wouldn’t help. “We have about 162 employees and you have to have under 100,” he said. “Even then the wage subsidy is 10 per cent of a maximum of $25,000 over three months.” It’s clear that COVID-19 is going to wreak havoc for the next several weeks or months. It’s already decimating many different industries. However, most of those same industries will have government assistance of some kind. Should cannabis aid be treated any differently? As Aurora’s Savone said: it took a lot to build the Canadian cannabis industry. We should do everything we can including cannabis aid to ensure it survives this too. This editorial content from the LPC News Team provides analysis, insight, and perspective on current news articles. To read the source article this commentary is based upon, please click on the link below. Click here to view full story at www.thestar.com Read the full article

[therealstevegrand]

I want to give a big thanks to the folks at @canopyriver for having us out! My mom, sister, and I had such a fun day of zip lining, tubing on the river expedition, Mule-back Riding, and driving over the Jorullo Bridge in the RZR! The staff was fun, and all of them had really great positive attitudes! 
Here are some photos from our fun filled day. Check out @canopyriver! I recommend them if you are looking for this kind of adventure when planning your trip to #PuertoVallarta #canopyriver (at Puerto Vallarta, Jalisco) https://www.instagram.com/p/BsUA-bhHDuU/?utm_source=ig_tumblr_share&igshid=yab07k358u1

[cafebreria]

I have come to the mountain 🏔 #puertovallarta #canopyriver (at Restaurant Los Coapinoles Canopy River) https://www.instagram.com/p/B344SFShay-/?igshid=b8rut8fh66iw

[nathanrwise]

A few photos from today’s #adventure we went to @canopyriver and had an amazing time! It is absolutely beautiful and the tour guides are amazing! Thank you Jessie and Charlie for the amazing ATV tour and Jorge for zip lining and Alfredo for the great service at the restaurant. Esmeralda we loved our #tequila Tasting and for all the laughs. . . . . #adventureswithnathan #canopyriver #mexico #puertovallarta #instagay #travel #wanderlust #gay #ohbilly! (at Puerto Vallarta, Jalisco) https://www.instagram.com/p/ByT2BM0BRcX/?igshid=zjy001xh9usc

[capital10x]

TerrAscend Corp. Receives $10m Investment from Canopy Rivers

TerrAscend Corp. (CSE: TER) has received a US$10 million cash injection from Canopy Rivers as part of a US$25 million private placement. #marijuanastocks #potstocks $TER Read the full article

[abiroach]

‪I’ll be speaking @CannabisSoTO Investor Dinner on September 5th!‬ ‪Ben Futoriansky, @CanopyRiver‬ ‪James McMillan, @Hexocorp ‬ ‪Colin Brown, @tilray ‬ ‪@AbiRoach, @hotboxcafe ‬ ‪Michael Miller, White Sheep Corp.‬ ‪Everett Knight, CFA, @ValensGroWorks ‬ ‪Tickets :https://buff.ly/2Zzqrn8‬ https://www.instagram.com/p/B1zE6DPh2a8/?igshid=1cz5a5ftd06qe

[ericjiajulee]

On #jorullobridge the longest vehicular #suspensionbridge in the world! #offroading in the #mountains above #puertovallarta #puertovallartamexico #canopyriver @canopyriver #mexico #offroad #adventure #adventuresports #4x4 #polaris #razr #polarisrazr #ecotourism #adventuretravel #extremeadventure #motorsport #extremesports #offroad4x4 #overland

[v-bella]

ATV riding through the #canopyriver Sierra Madre terrain, viewing the “el salto” waterfall then ending the tour crossing the Jorullo Bridge 170 meters high in the sky above the Cuale River! #bellababe #bellatravel #bellaisonthemove #bellaseestheworld #mommybreak #Vanessica2017 #puertovallarta #atvtour #worldadventures #ridingdirty

[grizzlemedia-blog]

Alberta Cannabis Store Count Surges Past 250 Mark

The number of cannabis stores in Alberta surged past the 250 mark this week following the provincial government’s decision to lift a moratorium. #alberta #marijuana #cannabis Read the full article

[divinidoles]

View this post on Instagram

A post shared by Eliad Cohen (@eliad_cohen)

(via Eliad Cohen sur Instagram : 🤸🏻‍♂️ . @canopyriver)

[nathanrwise]

Such an amazing day with #clambakereveal and @canopyriver . . . . #adventureswithnathan #puertovallarta #mexico #lovemylife #worldtraveler #travel #instagay #gay https://www.instagram.com/p/Byjim3mB6d2/?igshid=t6cccifvhhvl

[capital10x]

Alberta Cannabis Store Count Surges Past 250 Mark

The number of cannabis stores in Alberta surged past the 250 mark this week following the provincial government’s decision to lift a moratorium. #alberta #marijuana #cannabis Read the full article

[berkpick]

I was determined not to get wet I had to #plank while the guide hooked my shoe to drag me ashore⠀ ⠀ #Mexico #ziplining #adventure #canopyriver (at Puerto Vallarta, Jalisco)

[berkpick]

#WonderWoman is unphased as they explain the perils of #ziplining I look a bit more concerned. ⠀ ⠀ ⠀ ⠀ ⠀ ⠀ #Mexico #canopyriver #outdooradventures (at Puerto Vallarta - Welcome to Paradise)