Cannabis News

TORONTO — Five things to watch for in the Canadian business world in the coming week: Canadian markets closed Stock markets are closed for trading in Canada on Monday for the Victoria Day holiday, however U.S. markets will be open for business.

LONDON, Ont. — Ontario's Liberals and New Democrats are pledging to revisit a model for licensing cannabis stores they say isn't working — a problem Progressive Conservative Leader Doug Ford said the market will resolve.

BC-US-TORNADO-MICHIGAN At least 1 killed, 23 hurt in rare northern Michigan tornado GAYLORD, Mich. (AP) — A rare northern Michigan tornado that hammered a small town has injured at least 23 people and killed at least one other.

SPARTANBURG, S.C. (AP) — A South Carolina judge granted bond on Friday to the former “American Idol” contestant accused of barreling into a man with his pickup truck and killing him.

SANTA FE, N.M. (AP) — Two New Mexico tribes have signed an agreement with state officials recognizing the tribe’s authority to collect taxes on sales of cannabis products.

OLATHE, Kan. (AP) — A Kansas prosecutor says he wants to try four 14-year-olds as adults in the shooting death of a Missouri man.

TAX CUT Legislature again OKs tax cuts; Whitmer floats $500 rebate LANSING, Mich. (AP) — Both Gov. Gretchen Whitmer and the Republican-led Legislature are proposing new plans to cut taxes but remain at odds over the scope and immediacy of any relief.

SALINAS, Calif. (AP) — A man who started a 2020 wildfire that killed 12 endangered California condors and seriously injured a firefighter was sentenced to 24 years in state prison, prosecutors said.

DOVER, Del. (AP) — Legislation to establish a state-run marijuana industry in Delaware has again failed to clear the state House.

TORONTO — Volatility continued to grip North American stock markets as a rebound of the technology and base metals sectors supported a recovery in Canada but Wednesday's weakness in the U.S. continued.