Marijuana Business News

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Tue
17
May

Cannaleafz CBD Gummies Canada reviews: Is it worth a try? Read Canada customer review

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CBD can help individuals regenerate their bodies and minds from the inside out. Numerous individuals are taking advantage of the Farm Bill for additional knowledge about marijuana (CBD). Cannaleafz CBD Gummies provide the same calming benefits as other hemp-based products but in a convenient gummy form. 

Cannaleafz CBD Gummies are a natural method to consume cannabis on a regular basis. In a matter of days, these tasty gummy bears may give the necessary support for an effective endocannabinoid system (the network found throughout the bodies). 

Mon
16
May

Are Canadian marijuana stocks a buy right now? 3 for your list in May

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Marijuana Stocks To Watch While The Sector Is Down

Are marijuana stocks on your radar after mixed earnings from Canadian cannabis stocks? To close last week’s trading the cannabis sector began to experience some upward momentum, especially with Canadian pot stocks. In 2022 most cannabis stocks have dropped to new lows this month along with most of the overall market. For new investors looking to gain exposure to the cannabis industry, this could be time to start watching for an entry. Although many analysts predict the market could continue lower it could be time to make a watchlist before a recovery.

Fri
13
May

Cannabis company Sherbinskis partners with Final Bell to expand into Canada

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Partnership marks the first time Sherbinskis products will be available outside of California and Michigan

Cannabis supply chain specialist Final Bell has partnered with California-based cannabis company Sherbinskis to expand into Canada.

Final Bell will be responsible for the end-to-end manufacturing, compliance, and go-to-market of Sherbinskis cannabis products in the Canadian market.

The partnership marks the first time Sherbinskis products will be available outside of California and Michigan.

Thu
12
May

This cannabis stock is analyst's top pick among Canadian LP group, here's why

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Village Farms International, Inc. Tuesday that its consolidated sales increased 34% year-over-year to $70.2 million in the first quarter of fiscal 2022.

Canadian cannabis net sales increased 25% year-over-growth with a gross margin of 34% and adjusted EBITDA of $2.1 million. U.S. cannabis net sales were $7 million, with a gross margin of 67% and adjusted EBITDA of $0.6 million. (Benzinga)

The quarterly results demonstrate the "strength and earnings power of both our Canadian and U.S. Cannabis businesses," said Michael DeGiglio, the company's CEO.

Thu
12
May

B.C. cannabis retailers say they're being pushed out by deeply discounted government stores

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Cannabis retail association predicts 15 per cent of private retail shops will close within next 6 months

Paul Taylor waited two years and spent tens of thousands of dollars for a licence to legally sell recreational cannabis at his small, boutique dispensary in Vancouver. Despite the upfront costs and overhead, Taylor thought it was worth it.

At 58 years old, he saw it as his ticket to eventual retirement.

"I thought 'this is going to be great. In time, I'll be able to retire and enjoy this business and as it turns out, I've had to double the hours I'm working just to stay afloat," he said.

Wed
11
May

Focus V nabs Turning Point Canada as exclusive distributor

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Focus V line of product offerings is now available in Canada, now exclusively distributed in Canada by Turning Point Brands Canada. The deal means that all Focus V offerings, like the just released CARTA 2, can only be purchased by smoke shops & other retail entities in Canada through Turning Point.

Focus V retains its right to sell direct-to-consumers based in Canada. The deal solidifies Focus V as the leading ancillary cannabis products company with a focus on superior technology.

With the demand for portable smoking & dabbing devices at a record high, the partnership formed organically. With consumers outside of the U.S. turning to hash extracts, both Focus V & Turning Point expects those consumers to rely on heated elements to activate the hash.

Wed
11
May

Flora Growth launches Vessel in Canada; signs deal with Ontario cannabis store and launches Vesselbrand.ca

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Flora Growth Corp. (NASDAQ: FLGC) (‚ÄúFlora‚ÄĚ or the ‚ÄúCompany‚ÄĚ), a leading all-outdoor cultivator, manufacturer, and distributor of global cannabis products and brands, announced today its¬†Vessel¬†brand, a leader in premium cannabis accessories, secured meaningful penetration in Canada via an approved listing on the¬†Ontario Cannabis Store. Additionally, Vessel announced it has launched its Canadian direct-to-consumer online store,¬†vesselbrand.ca¬†to service customers directly across the country.

Wed
11
May

Spotlight: Donna Johnson on producing the Lift Expo in the era of COVID-19

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"The Expo's mission is to help educate and help everyone navigate their business growth career path"

Donna Johnson, the vice president of strategic events, meetings and incentives at MCI Events, helped produce the Lift&Co Expo that kicks off in Toronto this weekend.

Beginning in 2016, the annual cannabis conference has introduced new sections this year, including budtender master classes, as well as a ‚Äėdiscovery zone‚Äô with exhibitors displaying the latest in products, services and innovations.

Tue
10
May

Kiva Confections announces first international expansions into Canadian market

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Kiva Increases its North American Footprint with Canada Expansion, Furthering its Mission to Provide Premium, Trustworthy Cannabis Edibles to the World

Kiva Confections, the global leader in cannabis edibles, formally announced today its first international product and brand expansion plan into the growing Canadian cannabis market. Over the next year, Kiva Confections will work with Canada-based producer Greentone to bring the brand's full portfolio of award-winning edibles to dispensaries across the Canadian market.

"We're absolutely thrilled at the opportunity to bring the Kiva Confections brand to our neighbors up north, which has been a dream of ours for many years," says Kiva Confections Co-founder Kristi Palmer.

Tue
10
May

5 Canada pot stocks to hold for 10 years

cannabis

Investing in cannabis stocks may sound like risky business with it not legalized at the federal level in the US and let’s face it over the past sort of six to nine months it has been one of the most volatile sectors.

However, with both big US political parties on the green band wagon and a record 68 per cent of Americans approving of pot for recreational use (91 per cent of Americans approve of it for medicinal use), its legalization is arguably not a question of if but of when.

Certainly, it is hard to see weed still being illegal in the US five years from now. On that note, let us look at five Canadian marijuana stocks.

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