Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Thu
23
May

Consumers begin to crave innovative CBD and cannabis products

The alarming growth of health-related conditions has concerned the younger generation. Poor habitual lifestyle choices can lead to a variety of conditions such as obesity, heart disease, and diabetes. Now, consumers endeavor to transition towards healthier alternatives. According to a report by Nielsen, 83% of North Americans have changed their diet to a healthier option, while 74% more engaged in physical activity to lose weight. Consumers are participating in various diet plans or ingesting supplements for health and wellness benefits. Specifically, after the passage of the U.S.

Thu
23
May

These 4 pot stocks have supply deals with every Canadian province

Big things are happening in the marijuana industry, and Canada is currently the epicenter of the action. Last year, our neighbor to the north became the first industrialized country in the world to green-light recreational cannabis, and it's expected to generate $5 billion to $6 billion in annual sales within the next couple of years.

Wed
22
May

3 catalysts to send this pot stock soaring

Major Upside Ahead?

When there’s a penny stock well-positioned to capitalize on a booming industry, one catalyst is usually enough to send it soaring. But this marijuana stock, which was trading at $1.41 apiece at the time of this writing, has not one, but three catalysts that could give a solid boost to its investor appeal.

I’m talking about Supreme Cannabis Company Inc(OTCMKTS:SPRWF, TSE:FIRE), a marijuana producer headquartered in Toronto, Ontario, Canada.

Unless you follow the pot industry closely, SPRWF stock probably won’t sound like a familiar name. With a market cap of around $410.0 million, the company doesn’t make headlines in mainstream financial media as often as the industry heavyweights.

Wed
22
May

Aurora Cannabis, Cronos Group, and Tilray earnings results are in: Here's what they could mean for Canopy Growth

If you've been keeping score, three of the top four biggest Canadian marijuana producers by market cap have reported their latest earnings results. Cronos Group (NASDAQ:CRON) kicked things off on May 9, with Tilray (NASDAQ:TLRY) and Aurora Cannabis (NYSE:ACB) following with their quarterly updates last week.

Wed
22
May

Highlife owner says he's happy and relieved to be opening his doors

By this time next week, Greater Sudbury will have two cannabis stores, and the owner of the HighLife store on Marcus Drive couldn't be happier.

“I'm super happy,” Anton Lucic said Friday. "And I'm relieved, I guess. But more than anything, I'm really excited to get going."

Lucic was one of two lottery winners picked to open the stores allocated for Northern Ontario, which has two of the 25 stores the province is allowing to open. Both Lucic and the other winner, Saturnus Partners, chose to open in Sudbury.

The stores were allowed to open April 1, as long as their paperwork was completed and approved by the province. But most stores were delayed, and Saturnus opened their Canna Cabana outlet on Long Lake Road April 20. 

Wed
22
May

Canadian cannabis stock surges on operations update

EBITDA positivity and a licensing announcement lifted a Canadian cannabis stock Tuesday. Here’s some small stocks making big moves on Tuesday, May 21, 2019 (as of 11:30 am EST):

48North Cannabis Corp. (TSXV:NRTH), a Canadian cannabis stock, powered 18% higher to $1.19 on Tuesday after announcing that it remained EBITDA positive for its third consecutive quarter with its Q3 EBITDA totaling $78,000. The Company added that it has received its outdoor cultivation license from Health Canada for its 100-acre (3.7-million-sq.-ft.) organic farm (Good Farm). 48North is expecting to harvest 40,000 kg of dried cannabis in 2019 from Good Farm.

Wed
22
May

Canopy Growth (TSX:WEED) sinks: Time to buy the dip?

The month of May has been a bad one for Canopy Growth (TSX:WEED)(NYSE:CGC). After an epic four-month rally, shares in the world’s biggest weed company started falling, reaching as low as $60 after flirting with $70 weeks earlier.

This isn’t the first time Canopy shares have tanked. Shortly after marijuana was legalized last year, weed stocks fell in a bear market that brought Canopy as low as $36.

Wed
22
May

Scientists racing to create lab-grown synthetic cannabinoids, but cannabis plant not obsolete just yet

Kevin Chen spent much of the last two years attending every cannabis-related conference he could find, trying to convince investors about the potential of a scientific development he had come up with in his student lab at Concordia University: Using yeast to create cannabinoids such as CBD, a compound now widely used in cannabis-based ingestibles and pharmaceuticals.

A month before legalization, Chen finally struck gold — Organigram Holdings, a New-Brunswick-based licensed producer agreed to invest $10 million in Hyasynth Bio, Chen’s Montreal-based startup.

Wed
22
May

It's official: OrganiGram is approved for Nasdaq listing

Having long been an industry that existed behind the scenes, the cannabis industry is maturing at an extraordinary rate.

Between mid-2017 and mid-2018, pot companies spent most of their efforts on securing funding for capacity expansion, and actually constructing (or acquiring) cultivation farms and processing facilities. Now, marijuana companies have turned their attention to the next most important facet of their development: getting noticed!

Wed
22
May

Aurora Cannabis to research CBD with mixed martial arts outfit UFC, Canopy names new CFO

Aurora Cannabis Inc. shares rose Tuesday, after the Canadian company said it has entered a multiyear, multimillion-dollar agreement with mixed martial arts organization UFC to research the effect of hemp-derived CBD products on athlete recovery and wellness.

The companies have agreed to conduct the research at UFC’s Las Vegas institute, setting up clinical studies to evaluate CBD, a nonintoxicating ingredient in cannabis and hemp, as a treatment for pain management, inflammation, injury/exercise recovery and mental well being. Aurora sharesACB, +2.00% ACB, -0.77%  rose 3%.

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