Based on its most recent update, Supreme Cannabis (FIRE.V) appears to be on track to reach its goal of 25 flowering rooms by March 2019 for its 7Acres Facility. This should produce revenue growth of over 400%. The company announced it has completed 19 flowering rooms as of December 2018. Further anticipating the opening of […] More
Edmonton-based Aurora Cannabis Inc. announced this morning that Health Canada awarded full licensing to its Aurora Sky and MedReleaf Bradford facilities. More
Canadian cannabis LPs are looking to be in a good position on the global stage. Marijuana’s momentum is rising worldwide, as many countries legalise and develop medical cannabis programs. Many expect the trend to continue in 2019, and Canadian producers are ready. More
Canopy Growth Corp. secured a New York state license to produce and process hemp there, according to an announcement early this week. The company said they intend to invest between US$100m-US$150m in a hemp extraction and manufacturing facility, and shareholders took well to the news. More
Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB) shares enjoyed a nearly 6% pop in price in today’s trading after the company announced the completion of a letter of intent with Whistler Medical Marijuana Corporation. The Edmonton-based cannabis company will acquire all the issued and outstanding shares of Whistler in an all stock deal. More
As a stock investor, it has been impossible to miss the wild volatility of the Cannabis sector in 2018. So is it time to buy these companies? I have two words for you – Inevitability and Optionality. First, some perspective is in order, looking just at overall performance for 2018 misses the drama of […] More
As a stock investor it has been impossible to miss the wild volatility of the Cannabis sector in 2018. So is it time to buy these companies? I have two words for you – Inevitability and Optionality. First though some perspective is in order. Looking just at overall performance for 2018 misses the drama of […] More
As goes January so goes the market is an often quoted saying by traders. While it is to early to know what the rest of January will bring, the first day of trading has gotten off to a solid start for the cannabis sector. The ETFMG Alternative Harvest ETF was up a solid 5.93% on […] More
Marijuana regulations may soon be changing across the pond since the United Kingdom government recently approved medical cannabis. More
Aleafia Inc. (TSX: ALEF.V), based in Concord, Ontario, announced this week it’s joined Serruya Private Equity in a Joint Venture (JV). Aleafia and the private equity firm plan to make the company a major recreational marijuana supplier with joint ownership over new retail stores. The JV also intends to produce a new weed brand. More
Chicago marijuana company Green Thumb Industries (CSE: GTII.CN) acquired 2 Nevada-based businesses recently. After scooping up Integral Associates, a Nevada grower and retailer, the company came out with another agreement announced this week. The first deal came in at $290-million contract for two cultivation and production facilities in the state. GTI’s initial footprint there totaled […] More
Most Exchange regulations make it nearly impossible for Canadian pot producers to invest in the US market, but one big producer is finding a way around that red tape. More
