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
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
The Marijuana Business Conference & Expo in Las Vegas bills itself as the largest cannabis conference in the world. It hosts the largest pot companies, including Aurora Cannabis Inc. (TSX: ACB.TO), Canopy Growth Corps. (TSX: WEED.TO) (NYSE: CGC.N) and Tilray (NASDAQ: TLRY.O). More
Canada is the home and native land for most budding pot stocks, listing on the Canadian Stock Exchange (CSE) or Toronto Stock Exchange and its smaller Venture arm (TSX and TSXV). While ‘uplisting’ can be great for pot stocks on the move, not all companies can or will uplist. We take a look at a couple that are ripe for the move. More
Like everyone else with an interest in pot companies and their stocks, we’ve been watching earnings releases closely. While it’s too early to know exactly how Canadian pot legalization will affect revenues, this quarter’s reports and management commentary give some insight. More
Since Canada officially legalized recreational cannabis consumption on Oct. 17, stores both public and private, online and bricks-and-mortar, repot that many products sold-out. More
Aurora Cannabis Inc. (TSX: ACB.TO) (NYSE: ACB.N) released its quarterly earnings this morning, the first of the major marijuana companies to do so this quarter. More
