Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Fri
16
Aug

Forget Aurora Cannabis, a top analyst says buy these 5 pot stocks instead

Not long ago, Aurora Cannabis (NYSE:ACB) ranked as the darling of Wall Street analysts. But analysts can be quite fickle. Bank of America Merrill Lynch's Christopher Carey downgraded Aurora from buy to neutral in July. Now another top analyst has expressed a lack of confidence in Aurora's prospects.

Earlier this week, Piper Jaffray initiated coverage on Aurora with a neutral rating. However, the investment firm hasn't given up on the cannabis sector. Although Piper Jaffray doesn't recommend buying Aurora Cannabis, there are five pot stocks the firm does like right now.

Thu
15
Aug

Biome Grow wins right to sell cannabis in Manitoba

Biome Grow Inc. (‚ÄúBiome‚ÄĚ or the ‚ÄúCompany‚ÄĚ)¬†(CSE:BIO) (6OTA.F) (OTCQB: BIOIF)¬†is pleased to announce that it has been licensed for the retail sale of cannabis in the province of Manitoba. This announcement comes on the back of recent approvals allowing Biome to distribute cannabis products in Saskatchewan and New Brunswick.

With this announcement, Biome is licensed to distribute cannabis in five provinces: Newfoundland and Labrador, Nova Scotia, Saskatchewan, New Brunswick and now Manitoba. Select strains of dried flower and pre-rolls will be supplied to private retailers all across Manitoba from Highland Grow, Biome’s wholly-owned cultivation facility in Antigonish, Nova Scotia.

Thu
15
Aug

Stake your claim in Canadian cannabis with Hexo stock

There's no way to possibly buy every pot stock on the market; there are just too many of them to choose from. Therefore, you'll need to narrow your focus, and Canada is truly the epicenter of activity when it comes to legalized cannabis. While everyone else is focusing on well-known brands like Canopy Growth (NYSE: CGC ) and Aurora Cannabis  (NYSE: ACB ), I believe that Hexo  (NYSE: HEXO ) stock is a terrific way to build a position in Canadian cannabis.

Thu
15
Aug

Pot and your pet: Veterinarians seeing more THC toxicity in dogs

"Your dog is positive for THC, and she's really high right now."

That's something Jennifer Wright never expected to hear from the on-call veterinarian at the Animal Hospital of Cambridge.

Coco, the Wright family's nine-month-old Yorkie-Havanese cross, had been acting out of sorts that evening. 

"She was really lethargic, she picked her head up and it was wobbling," Wright said. "So I picked her up and I tried to set her down on the ground, and that's when I noticed ... her back end was sort of swaying back and forth. She looked like she was going to fall over, and she could not walk, she would not walk."

The family piled into the car and franticly tried to find a clinic that was open in the off-hours. 

Thu
15
Aug

Why Tilray stock is tanking today

What happened

Shares of Tilray (NASDAQ: TLRY) are tanking today, down by 10.3% as of 10:40 a.m. EDT. The big drop reflects investors' disappointment with the Canadian cannabis producer's second-quarter results , which were announced on Tuesday after the market closed.

Thu
15
Aug

Why investors need to bet on this 1 cannabis stock

Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock is on the verge of a breakout. It has burnt significant investor wealth in the last 10 months. Aurora investors have lost over 37% since October 2018. Several cannabis stocks were overvalued at the end of last year, just before Canada regularized marijuana for recreational purposes.

After that euphoria died down, cannabis stocks fell significantly. Shares of peer companies such as Canopy Growth, Tilray, and Aphria have lost 41%, 74%, and 52%, respectively, since the start of October 2018. So, will Aurora shares move higher in the coming months?

Thu
15
Aug

Experts and advocates skeptical pot conviction pardons will benefit northerners

Canadians with simple cannabis possession convictions will be eligible for record suspensions, but advocates and experts say it won't be so easy.

Bill C-93 came into force this month, and allows people to get fast-tracked record suspensions at no cost. A record suspension prevents a criminal record or pardon from appearing in the National Repository of Criminal Records.

The legislation waives the previous $631 application fee and ends the application wait period of up to 10 years. 

"What it doesn't get rid of, is the lead-up costs," said Samantha McAleese, a PhD candidate in sociology at Carleton University who researches recent changes to Canada's pardon system.

Thu
15
Aug

How to invest without getting burned: A tale of 2 cannabis earnings

Cannabis earnings shook up the Toronto Stock Exchange (TSX) on Wednesday with three cannabis stocks announcing earnings for the quarter ended June 2019. Neptune Wellness (TSX:NEPT)(NASDAQ:NEPT)and The Green Organic Dutchman (TSX:TGOD) released Q2 2019 earnings before market open.

Thu
15
Aug

B.C. liquor branch wants to hear from suppliers of pot-based edibles

The BC Liquor Distribution Branch wants to hear from licensed marijuana producers able to make and supply new pot-based creations as the province prepares for the soon-to-be legalized edible cannabis market.

The branch has issued a product call, asking would-be suppliers to identify their interest and ability to provide the branch with edibles, beverages, topicals and extracts.

A statement from the liquor distribution branch says successful applicants will see their products marketed throughout the province in both licensed private retailers and government-run BC Cannabis Stores.

The product call opens Thursday and closes on Sept. 11.

Thu
15
Aug

1 incredibly cheap weed stock you can buy now

An interesting investment option you should consider in the cannabis space is The Green Organic Dutchman (TSX:TGOD) or TGOD.

The company is the only cannabis producer to be certified organic ‚ÄĒ the key factor in propelling the stock. You should take advantage of the weed stock‚Äôs incredibly low price.

Latest developments

TGOD has jumped on the bandwagon of Canadian cannabis companies listing on U.S. exchanges.

Last week, the company applied to list on the NASDAQ ‚ÄĒ a move intended to attract the big institutional funders and broaden TGOD‚Äôs investor base.

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