Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Thu
08
Aug

Latest developments highlight why it’s time to buy PharmaCielo (TSXV:PCLO)

Recent developments at leading Colombian legal cannabis cultivator PharmaCielo (TSXV:PCOLO) indicate that the company is ramping up its operations and preparing for commercial production.

The company, which embarked on the acquisition of Australian stock exchange listed Creso Pharma (ASX:CPH) for $110 million, has achieved several key milestones in recent months that bode well for its outlook.

Thu
08
Aug

Arizona iced tea maker turns to weed

The company behind Arizona Iced Tea is getting into the market for marijuana-infused gummies and drinks in the U.S. and Canada, seeking new avenues for growth after losing ground in its core tea business.

Arizona Beverage Co. has reached a licensing deal with Dixie Brands Inc., a Denver-based cannabis company that makes and sells weed vaporizers, candies, drinks, tinctures and topical creams in five U.S. states. Under the agreement, Dixie will manufacture the products and sell them through licensed dispensaries. The deal, which is subject to approval by Dixie’s board, also gives Arizona the right to buy a stake of up to $10 million in the cannabis company.

Thu
08
Aug

Should you buy Hexo stock? 3 pros, 3 cons

The marijuana market has created an appealing opportunity for risk-tolerant investors who are willing to wait out the near-term turbulence. However, while deciding to invest in the cannabis boom might seem like a no-brainer, choosing a winner in the space takes a bit more analysis. Recently, Canadian marijuana firm Hexo Corp (NYSE: HEXO ) has gained a lot of attention and made many traders' short list.

Here's a look at the case for and against Hexo stock.

Thu
08
Aug

This marijuana ETF offers 4.8% dividends and potential 5 times growth

Scandals and controversy have dented investor confidence in the marijuana sector this year. Top producers have lost billions in value and well-known leaders have resigned as misdeeds and missed expectations were uncovered by the public market. 

Now that the sentiment has swung negative, I believe that savvy, contrarian investors finally have a chance to find value and add some great marijuana stocks to their portfolio. Legal cannabis still presents a massive economic opportunity. 

According to estimates by market specialist Grand View Research, the global legal marijuana industry was worth US$13.8 billion in 2018.

By 2025, the firm forecasts the market to expand to over US$66.3 billion, implying a five-fold return for investors willing to take a long-term bet. 

Thu
08
Aug

A new drug test is aiming to tell the difference between marijuana and CBD

If you haven’t noticed, the marijuana industry is booming. In the US alone, the industry is worth billions of dollars and the industry has seen an increase in jobs by 76% in 2018. The industry is full of a wide variety of different products falling under the categories of plants, oils, waxes, edibles, and topicals.

Thu
08
Aug

3 Canadian cannabis stocks with the best U.S. strategies

It's not by accident that the biggest cannabis stocks belong to companies based in Canada. After all, Canada was the first major economic power to legalize adult-use recreational cannabis after already building a thriving medical cannabis market.

But it's also no secret that the U.S. is by far the biggest cannabis market in the world. For Canadian cannabis companies to achieve the growth that they and investors want, they must enter the U.S. market sooner or later.

Several top Canadian cannabis producers have already revealed their strategies for competing in the U.S. market. Here are the three Canadian cannabis stocks that appear to be in the best position to win in the U.S.

Thu
08
Aug

Revealed: 1 marijuana stock I like more than Aurora Cannabis (TSX:ACB)

In prior pieces, I’ve highlighted several reasons why Aurora Cannabiswas one of my preferred picks in the highly speculative marijuana market. Aurora was growing tonnes of weed in a somewhat efficient manner, which is how a firm can succeed in a commoditized market.

Although you could make a quick buck from betting on cannabis cultivators, I’d much prefer owning shares of a company that’s able to differentiate itself in some form or another. As a grower and distributor of weed, there isn’t much wiggle room to promote brand differentiation with all the regulations that are in place.

Wed
07
Aug

Cannabis Canada: Ontario gets set for second pot licence lottery

Ontario’s second pot licence lottery will go ‘quite smoothly,’ lawyer says

Wed
07
Aug

This pot stock just turned its first profit—and investors are going crazy

The legal marijuana industry is transitioning from its growth phase into its profit phase as more and more markets open for business.

One of the many benefits of this transition is that the biggest fear of investors— that marijuana stocks are overvalued and won’t be making money any time soon—are assuaged. The result is that the top pot stocks will see big gains.

That’s exactly what’s happening with Aphria Inc (NYSE:APHA). Aphria stock jumped by more than 32% in after-market trading following an announcement on August 1 that the company became the first major Canadian pot producer to turn a net profit.

Wed
07
Aug

Cannabis expert talks medical marijuana boom and cannabis 2.0

Some industry experts, however, say that medical cannabis is going to be much more lucrative globally. During a panel presentation last week, investors got the chance to learn from cannabis expert Charles Taerk about the best moves to make in marijuana.

Taerk, who is president and CEO of Faircourt Asset Management, said that medical cannabis is where the most impressive opportunities are going to develop in the next few years as the industry stabilizes.

Faircourt Asset Management is a sub-advisor to Ninepoint Partners, a Toronto-based investment manager. Faircourt has its hand in the metals sector, North American equities and, more recently, the cannabis space through the Ninepoint Alternative Health Fund.

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