Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Tue
15
Jan

3 reasons why Shopify (TSX:SHOP) should be in your portfolio

A promise you might see a lot on the Motley Fool and other financial advice websites is, “This is the next Amazon.”

Well, for Shopify (TSX:SHOP)(NYSE:SHOP), that might just be true.

Honestly, the stock is a powerhouse, even in this volatile market. In fact, let’s just take a quick look at how much you could have made over the past few years if you had purchased this stock already:

Tue
15
Jan

Race on to partner with Ontario's cannabis retail licence winners

Businesses and investors are rushing to partner with the 25 winners of the Ontario cannabis retail licence lottery, with offers apparently worth millions of dollars, to be involved in the province's first recreational weed stores set to open this spring.

Olivia Brown, the founder of Hamilton, Ont.-based Professional Cannabis Consulting, says one of her clients was among the 25 entities selected by the province via lottery, and has fielded three "big offers" on Monday alone.

"There's a couple of large investors, one from the United States, one of them from Amsterdam... a very established Hamilton family looking to invest," said Brown, who said her client did not want to be named.

Tue
15
Jan

Aphria (TSX:APHA) in turmoil: Is now a good time to buy?

Aphria (TSX:APHA)(NYSE:APHA) had a tumultuous end of the week. In an unexpected move, the company decided to part ways with CEO Vic Neufeld and co-founder Cole Cacciavillani. The news was first announced on Thursday, January 10, on the evening before Aphria was supposed to release its second-quarter earnings results.

Mon
14
Jan

Pot producers face pushback over odour, smell in Canadian farming town

David Ireland is frustrated by the “skunk smell” of pot that wafts down from two cannabis cultivation facilities roughly five kilometres away and lingers outside his home, even in the winter.

“On hot humid days, it’s worse because they have to vent more often … You wouldn’t be able to open your windows,” he said.

The town of Pelham, Ont., where Ireland lives — an hour away from Toronto, near Niagara Region wine country — has become a hotbed for legal commercial pot growers who have snapped up greenhouses and converted them from flowers and vegetables to the more lucrative crop.

Mon
14
Jan

Aphria CEO and company co-founder to step down

Aphria announced Friday that its CEO Vic Neufeld and company co-founder Cole Cacciavillani will both “transition out of their executive roles in the coming months.”

Neufeld and Cacciavillani will remain on the company’s board of directors, but the company said it will shift to “a globally-minded executive leadership team for the long-term benefit of the company’s patients, shareholders, customers and employees.”

In a news release, Neufeld recalled the roots of the company in a Leamington greenhouse operation where Cacciavillani was growing “millions of potted flowers” five years ago, when the Canadian medical marijuana market opened.

Mon
14
Jan

Aphria's Q2 update: The only 5 things you really need to know

Aphria (NYSE:APHA) has taken investors on a roller-coaster ride over the last several months. The Canadian marijuana stock plunged in December after short-sellers alleged that the company overpaid for international acquisitions and lined the pockets of key insiders in the deal. A hostile takeover attempt by U.S.-based marijuana producer Green Growth Brands (GGB) caused the stock to rebound later in December.

Mon
14
Jan

2018 was a good year for cannabis. What does that mean for 2019

2018 was an exciting time after the whirlwind of events that happened surrounding cannabis spurred the growth of the flourishing sector that people know today. For a quick summary, take a look at some of the most notable accomplishments, breakthroughs, and controversies of the recent year.

It was a successful time for the cannabis sector in spite of a rough start with the Attorney General Jeff Sessions’ attempt to put a halt on the legalization plan in the United States. During that time, Prime Minister Justin Trudeau pledged at his campaign to legalize recreational use of cannabis in Canada.

After that, Thailand and the United Kingdom has followed suit and legalized medical marijuana, much to the world’s surprise.

Mon
14
Jan

Canada's top 10 marijuana growers could collectively produce 3.3 million kilograms annually

The marijuana industry underwent a transformation like never before in 2018. Following nine decades of recreational cannabis prohibition, Canada's Parliament passed the Cannabis Act, thereby legalizing weed for adult consumption. In one act, marijuana went from being a somewhat taboo topic to a legitimate business model.

Mon
14
Jan

Ontario town says hosting pot producers 'like a two-edged sword'

David Ireland is frustrated by the "skunk smell" of pot that wafts down from two cannabis cultivation facilities roughly five kilometres away and lingers outside his home, even in the winter.

"On hot humid days, it's worse because they have to vent more often ... You wouldn't be able to open your windows," he said.

The town of Pelham, Ont., where Ireland lives -- an hour away from Toronto, near Niagara Region wine country -- has become a hotbed for legal commercial pot growers who have snapped up greenhouses and converted them from flowers and vegetables to the more lucrative crop.

Mon
14
Jan

Better buy: OrganiGram Holdings vs. CannTrust Holdings

Most Canadian marijuana stocks fizzled last year. CannTrust Holdings (NASDAQOTH:CNTTF) was in that group, with its stock falling 34%. A handful of Canadian marijuana stocks, though, turned in solid performances in 2018. OrganiGram Holdings (NASDAQOTH:OGRMF) was one of them, jumping more than 10%.

But 2018 is now history. Which of these stocks is the better choice for investors looking to the future? Here's how OrganiGram and CannTrust stack up against each other.

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