Marijuana Business News

Synonyms: 
stocks
business
Tue
23
Jul

Why Canopy Growth (TSX:WEED) might not be the top pot stock for much longer

Canopy Growth (TSX:WEED)(NYSE:CGC) has long been known as the top cannabis stock in the world, synonymous with the industry’s growth. However, the hierarchy in the industry could soon be changing. At a market cap of more than $15 billion, Canopy Growth is certainly safe, in terms of market cap, as the top cannabis stock for the foreseeable future.

Tue
23
Jul

Cannabis Canada: CannTrust gives update on independent committee investigation

CannTrust updates on independent investigation as Health Canada continues probe 

Tue
23
Jul

Will Aurora, Canopy, Cronos, and Tilray be profitable by 2021?

Over the next decade, you'd struggle to find an industry that offers the growth potential of legal cannabis. Unlike new technologies, cannabis has been around for a long time and is a proven industry – at least in the black market, where tens of billions of dollars in sales are conducted each year. It wouldn't be all that difficult for the marijuana industry to continue shuffling consumers from the black market to legal channels over time.

Tue
23
Jul

Aurora Cannabis (TSX:ACB) just won a huge supply contract that could change everything

Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) is a cannabis export powerhouse. Shipping weed everywhere from Germany to the U.K., it has become a truly international company.

Currently, Aurora’s international operations reach 24 countries, and with 40 nations in total having legalized medical pot, that reach could get even wider.

Recently, Aurora’s international operations got a big boost when it was announced that the company had won a tender to supply 400 kilograms of cannabis to Italy over the course of two years.

Tue
23
Jul

4 Canadian cannabis stocks that could acquire CannTrust

On July 15, we examined the CannTrust Holdings regulatory scandal and whether or not we believed investor trust could be restored. Today, we’ve analyzed an article written by BNN Bloomberg, which discusses two undisclosed white knights that might be interested in purchasing CannTrust. The article talks about how various inside sources have told BNN Bloomberg that at least two Canadian LPs have been approached by investment bankers to gauge interest in acquiring CannTrust.

Today we have identified four Canadian cannabis stocks that we believe have the potential to acquire CannTrust Holdings.

Tue
23
Jul

1 weed stock is rapidly taking over the marijuana industry

When a cannabis company reports a strong cash position, investors in the sector are ecstatic. Green Organic Dutchman Holdings (TSX:TGOD) is seeing green, and this weed stock is rapidly taking over the marijuana industry. We’re finally hearing positive catalysts more than distressing ones.

Tue
23
Jul

1 incredibly cheap pot stock worth buying now

Pot stocks have been outstanding growth vehicles for the better part of the past two years. The legalization of adult-use marijuana in Canada, the slow but steady march toward widespread legalization in the United States, and the 2018 Farm Bill -- that essentially legalized hemp -- all helped to drive valuations higher across the industry during this period.

Mon
22
Jul

Growing marijuana could create whole new crop of gardeners

Could cannabis be good for gardening? We have all heard about the benefits of the Canadian cannabis industry for Bay Street, the agricultural sector and even the Canadian economy, but I think cannabis could create a whole new crop of future gardeners.

Cannabis makes being a gardener or grower cool: well, at least in the eyes of those who desire growing their own. Never in modern history has there been a time you could legally grow cannabis at home. In the past, you had to resort to growing it secretly in a remote forested area or indoors in a tented basement.

Mon
22
Jul

The most important thing to know about investing in marijuana stocks

Few industries are expected to generate the green over the long run quite like the cannabis industry. With Canada legalizing recreational marijuana in October, and two-thirds of the U.S. allowing physicians to prescribe medical cannabis (11 states have also legalized adult-use weed), it's easy to see how North America has become the breeding ground for growth in the legal pot industry.

Mon
22
Jul

Pot offers new hope for rural towns hurt by decline of the fishery

With legal cannabis a growing industry in the country, and edibles about to become available in the fall, lots of prospective businesspeople are trying to get a piece of the action.

In rural Newfoundland, there's a trend happening in the industry.

Former fish plants that have been shuttered for lack of product turn out to be perfect for growing pot.

There aren't that many large buildings available for food production in rural Newfoundland, and cannabis counts as food under federal regulations because it's consumed. Many of them have three-phase power, which is needed in industrial buildings, a reliable source of water and lots of growing space.

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