Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
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

Everything you need to know about marijuana legalization 2.0

Last year, Wall Street and investors witnessed history being made many times over. In the U.S., we observed additional states legalize medical marijuana, pushing the total number of states to have given the green light to cannabis in some capacity to 33, and saw the Food and Drug Administration approve the very first cannabis-derived drug. Meanwhile, Canada became the first industrialized country in the world to approve the sale of recreational weed in October.

But there's plenty of history yet to be made, with the next game-changing cannabis launch due later this year in Canada. Ladies and gentlemen, say hello to marijuana legalization 2.0.

Tue
23
Jul

Ontario’s first marijuana dispensary expected to open this week

Ontario marijuana dispensary Weedology passed its state inspection and received its license last Friday.

Store Manager Eric Lantz said they began placing orders for products Friday in hopes of getting the shop open this week. They’re not sure what day, but they’d become the first pot shop to open right across the state line from the Treasure Valley, Ontario Community Development Director Dan Cummings told the Statesman on Monday.

“We’re hopefully going to be open by Wednesday ... but Friday is our anticipated opening,” Lantz said.

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

Quebec and B.C. top country's weed sales in May

Recreational weed sales in Canada enjoyed a significant boost in May — up 14 per cent — according to data from Statistics Canada.

“Sales improved to $85 million in May, up from $74 million in April and $60 million in March,” Marijuana Business Daily reports. British Columbia recorded the biggest sales growth in May with a 37 per cent increase thanks to improved access via the opening of a number of new dispensaries.

Tue
23
Jul

New medical cannabis facility taking root in Espanola

A medical cannabis company is building a 32,000 square foot cultivation facility in Espanola, Ont.

Jeff Scharf, President and CEO of GaiaCann Inc., began building a greenhouse to grow lettuce, but pivoted to cannabis after being approached by individuals in the sector.  

"Our goal is to create pharmaceutical grade cannabis products," he said. 

The facility is at the south end of Espanola, next to a small solar panel farm which Scharf also owns. 

He expects the facility will be ready for operation in January 2020 and will cost upward of $20 million to complete. Work crews have just finished the walls, roof and upper level flooring. He says the electric and ventilation systems are next. 

The building's large, white roof slants southward.

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