Canada

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

So nice, I did it twice: I bought another pot stock

On the surface, the marijuana industry looks like a once-in-a-generation growth opportunity. It generated $12.2 billion in global sales in 2018, and Wall Street investment firm Cowen Group is calling for $75 billion in global annual sales by 2030. If Cowen's estimate is accurate, we'd be looking at an industry capable of a compound annual growth rate of almost 17% over the next 12 years.

Growing pains kept me away from this budding industry for years

But this is also an industry facing some very apparent teething pains, especially in Canada, which became the first industrialized country in the world to legalize recreational pot, in October 2018.

Wed
15
May

Cronos inks cannabis concentrate supply agreement with MediPharm Labs

Cronos Group Inc (TSE:CRON) (NASDAQ:CRON) shares popped Tuesday after the company announced an agreement with cannabis supplier MediPharm Labs Corp (TSE:LABS) (OTCMKTS:MEDIF).

MediPharm will supply Peace Naturals, a wholly owned Cronos subsidiary, with $30 million worth of cannabis concentrate over 18 months with options to increase to as much as $60 million over 24 months.

Wed
15
May

3 overlooked Canadian cannabis stocks?

Today we have dug up three Canadian cannabis stocks that have the lowest price-to-sales ratio [trailing twelve month (TTM)].

Low price-to-sales ratio is indicative of undervaluation. The selected cannabis stocks have a market capitalization in the range of $40 million to $130 million.

Wed
15
May

Emerald Health Therapeutics expands adult-use cannabis distribution to additional provinces

Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) has been authorized by PEI Cannabis and Manitoba Liquor & Lotteries Corporation to supply Emerald-branded cannabis products into those provinces.

Emerald has also fulfilled its first shipments of premium cannabis products to PEI Cannabis and to licensed private retailers in Saskatchewan. 

“We are pleased to have the opportunity to serve additional provinces,” said Dr. Avtar Dhillon, President and Executive Chairman of Emerald. “We believe that our growing nationwide presence reflects the recognition of Emerald as a reliable and consistent cannabis supplier. We look forward to continuing to expand our supply of quality Emerald cannabis products to the Canadian adult-use market.”

Wed
15
May

3 things that fueled Tilray's tremendous revenue jump in Q1

Tilray (NASDAQ:TLRY) beat Wall Street's revenue expectations but didn't meet analysts' bottom-line estimates when the company reported its fiscal 2018 fourth-quarter results in March.

But the news was better when Tilray announced its fiscal 2019 first-quarter results after the market closed on Tuesday.

Wed
15
May

Three CBD oil brands get highest ratings and two get downgrades as CBD market grows

CBD brand ratings by a popular CBD products directory show three brands with top ratings and two brands receiving ratings downgrades. Additionally, three new product ratings have been released this month. Among the top brands is a pure organic brand offered as both a Softgel capsule and as a concentrated liquid, see here https://cbdrevu.com/cbdpure-hemp-oil-cbd/.

Wed
15
May

3 ways marijuana stocks are tricking investors

Early supply-chain issues in Canada and California aside, the marijuana industry really has the feel of a once-in-a-generation growth opportunity.

It racked up $12.2 billion in global legal sales in 2018, and Wall Street investment bank Cowen Group is calling for up to $75 billion in worldwide sales by 2030. For you math-phobes, that's a compound annual growth rate of almost 17% over the next 12 years.

Tue
14
May

Cannabis Canada Daily: Major U.S. retailers meeting with pot firms for CBD product lines

Walmart, Target among major retailers eyeing CBD product lines: report

Tue
14
May

Are these marijuana stocks going to make it to the top?

The marijuana industry has seen a large amount of incremental shifts over the course of the past few months. In that time, we have not only seen legislation change, but we have also seen the world become more accepting of the miracle substance.

This has led to one of the most inviting investor spaces that we have seen, which has helped to bring market capitalizations even higher. The hopes are high that the industry can continue to flourish as companies move forward with the production of new groundbreaking products.

Tue
14
May

4 Canadian marijuana stocks with the highest volatility

Today we have identified four Canadian marijuana stocks that have the highest volatility as measured by beta. Beta is a measure of a stock’s volatility in relation to the market. The selected cannabis stocks have a market capitalization in the range of $75 million to $7 billion.

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