Marijuana Business News

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stocks
business
Thu
05
Sep

Marijuana stocks are gearing up for winter

The marijuana stock market has seen some massive ups and downs over the past few months. This is of course due to the infancy of the market as a whole which we have seen since its inception. The volatility of the marijuana stock market, however, gives two advantages. For one, it allows investors the ability to find cannabis stocks that are below the value that analysts say they should be at. 

Thu
05
Sep

Windsor's first legal pot shop slated to open Nov. 1

Things should get rolling at Windsor’s first legal pot shop by the start of November.

Kyriakos (Kirk) Anastasiadis said Wednesday his new joint at 545 Ouellette Ave. should be past regulatory hurdles, renovated, stocked and open by Nov. 1.

“I’m just excited to get working on this and bringing some good business and positivity to the downtown Windsor core,” said Anastasiadis, 30, who owns several bars and restaurants in London.

Anastasiadis was one of 42 applicants selected in the most recent Ontario lottery last month to receive a retail pot store licence, assuming all the regulatory requirements are met.

A dozen of those applicants have since been disqualified for failing to submit required documents in time. Another one withdrew the application.

Thu
05
Sep

From CannTrust to Canopy: Is there a connection to current cannabis scandals?

As Europe swooned under record-breaking heat this summer, the cannabis industry also found itself in a rather existential hot seat.

The complete meltdown at CannTrust has yet to reach a conclusion. Yes, a few  jobs have been lost. However, a greater question is in the room as criminal investigatory and financial regulatory agencies on both sides of the US-Canada border (plus in Europe) are getting involved.

Thu
05
Sep

Acres Agricultural Canada and their cannabis license approval

Acres Agricultural Canada receives 300-acre cannabis license approval from the government of St. Vincent & the Grenadines.

Thu
05
Sep

4 canadian cannabis producers with the highest international sales

Investors have rightfully focused a lot of their attention on the opportunity for Canadian cannabis producers in their home country. After all, the Canadian adult-use recreational marijuana market is driving most of the growth for these companies. In addition, the next phase of this market -- cannabis derivatives, including beverages, edibles, and vapes -- is scheduled to launch later this year.

But an even bigger long-term opportunity for Canadian cannabis producers lies in international markets. Which of these companies already claim the greatest head starts outside of Canada?

Thu
05
Sep

Canada’s cannabis black market down 21% since legalization: StatsCan

Statistics Canada

Wed
04
Sep

3 pot stocks with outrageous sales

The legalization of recreational marijuana in Canada last October has created quite a bit of excitement in the industry. The legal marijuana industry has already been growing at a rapid pace in the United States.

Wed
04
Sep

HEXO: What’s the word on the street?

HEXO (HEXO) stock has suffered since it reported lower-than-expected third-quarter results in June. The stock has fallen 31.8% since it reported its earnings on June 12. The turmoil in the cannabis sector also impacted most of the cannabis players in the last few months. We’ll discuss how HEXO looks before its fourth-quarter earnings.

Analysts’ recommendations for HEXO​

After the company’s dismal third-quarter earnings, analysts downgraded the stock. Analysts’ estimate shows how they think the company is doing in terms of profitability.

Wed
04
Sep

Only these 10 pot stocks ended August higher

On one hand, legal marijuana could prove to be one of the fastest-growing industries on the planet over the next decade. If investment bank Stifel's forecast of $200 billion in annual worldwide sales in 10 years proves accurate, we could be looking at a compound annual growth rate for cannabis of around 34%.

Wed
04
Sep

New BDS Analytics Report Forecasts CBD Sales To Reach $20 Billion By 2024

A new report from BDS Analytics titled “The Global Cannabinoids Market: Will CBD Overtake THC?” is forecasting that

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