Marijuana Business News

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stocks
business
Wed
16
Jan

Province Brands of Canada signs landmark hemp supply agreement with the Canadian Hemp Farmers Alliance

 Province Brands of Canada — the Canadian company developing the world's first beers brewed from the cannabis plant — today announced it signed a Letter of Intent with the Canadian Hemp Farmers Alliance (CHFA), establishing CHFA as a supplier of hemp stalks to Province Brands. The agreement secures favourable pricing for Province Brands to acquire hemp stalks, stems and roots.

Wed
16
Jan

Beleave receives Health Canada authorization to sell cannabis oils

Beleave Inc. (CSE: BE) (OTCQX: BLEVF) ("Beleave" or the "Company") is excited to announce its wholly-owned subsidiary Beleave Kannabis Corp. has been authorized by Health Canada to sell cannabis oil products effective January 11, 2019. After reviewing the application and supporting documentation, Health Canada granted an amended licence with modified conditions allowing for the sale of cannabis oil under the Cannabis Regulations.

Wed
16
Jan

Is it too late to buy Canopy Growth Corp (TSX:WEED) stock?

Marijuana stock prices are on fire again, and Canopy Growth (TSX:WEED)(NYSE:CGC) is leading the way.

Let’s take a look at Canada’s leading cannabis stock to see if it deserves to be on your buy listright now.

Major surge

Canopy Growth is up 40% to start 2019, as bargain hunters seek to capitalize on the meltdown that hit the marijuana sector through the end of last year. Investors who had the courage to step in at the December low are all smiles, and those who missed the rally are trying to decide if more upside is on the way.

Wed
16
Jan

Here’s every cannabis college course you can take in the US and Canada

It turns out if you’re interested in starting a career in the cannabis industry after graduation, you can jump on a path at many schools that’ll help you land a suitable position in the industry while giving you valuable experience. If you live in Canada or the U.S., there are various major cities that offer cannabis courses and programs.

Keep reading to find out where you can study cannabis and get legitimate college credit for it.

Wed
16
Jan

KushCo Holdings: 2 things to love and 2 to hate from its Q1 results

The marijuana industry absolutely transformed before our eyes in 2018. After decades of being a taboo topic, legal weed became a legitimate business model with the passage of the Cannabis Act in Canada. Although it'll take some time for the industry to get up to speed, the legal Canadian pot market could be generating in excess of $5 billion in sales within a few years.

The same could be said for the U.S. market, even though marijuana remains illegal at the federal level. With 32 states having legalized weed in some capacity, 10 of which allow adult-use pot, the dollars are starting to roll in.

Wed
16
Jan

Cannabis investors: 3 powerful trends you have to know about in 2019

There’s little doubt the rise of Canada’s newest sector was the story of the year in 2018.

We finally found out what a world with legalized marijuana would be like last year, and for the most part, it’s exactly the same as before — at least from a day-to-day life perspective. Things are far different from an investment point of view, however, with Canada’s marijuana sector evolving from a bit sector nobody really took seriously to a place that has attracted massive amounts of capital.

Whether you’re an experienced pot investor or just a rookie entering the space for the first time, here are three massive trends that appear poised to impact the sector in 2019.

Tue
15
Jan

Cannabis boom brings recruitment challenges for employers

As the cannabis industry rapidly grows, employers in the sector are feeling overwhelmed with the sheer volume of employees they need to recruit.

A network for human resources professionals in the cannabis industry, called Cannabis at Work, was launched on Friday to meet the need. It aims to provide a forum for employers in the regulated cannabis industry to learn and build relationships.

Tue
15
Jan

Pot and Pitas: WeedMD, Pita Pit create adviser for pot retailers

A Southwestern Ontario marijuana grower and a fast-food chain have teamed up to open dispensary franchises across Canada, a deal marking the second partnership between a Canadian cannabis company and a restaurant operator.

WeedMD, a licensed pot producer with operations in Strathroy and Aylmer, and Pita Pit Canada, a franchise with more than 600 locations across the globe, have launched Pioneer Cannabis Corp.

“This is a very capital-efficient partnership whereby we leverage our individual expertise into the cannabis space,” WeedMD chief executive Keith Merker said Monday.

Tue
15
Jan

Premium pricing of Whistler's organic cannabis part of allure in $175-million Aurora deal

Aurora Cannabis Inc. — the third largest Canadian cannabis company by market value — has signed a $175 million all-stock deal to buy up mid-sized licensed producer Whistler Medical Marijuana Corp., a privately held cannabis grower in B.C.

Aurora is pegging the purchase as a product and brand play — the company is particularly interested in the full suite of Whistler’s organic cannabis products and the brand recognition it has built up as one of the country’s first licensed producers to sell to the medical market.

Tue
15
Jan

Cannabis stocks are on a roll, posting the longest run of weekly gains since August

Pot stocks marked their third consecutive week of gains last week, the longest such winning streak since August, riding high on the broader market’s upbeat mood. This week, we’ll get a better idea of just how big the global cannabis market could get, along with a host of other potential catalysts.

Not even an earnings miss and further drama from Aphria Inc. could derail the optimism last week.

The company announced Friday that Chief Executive Officer Vic Neufeld will step down in the coming months but will remain on the board following a short-seller report that alleged Aphria bought assets at inflated prices from insiders. Aphria has now recouped much of its loss from the Dec. 3 report, including a 5.4 per cent gain on Friday.

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