Business

Houseplant, the cannabis supplier founded by Vancouver-born actor Seth Rogen and fellow screenwriter Even Goldberg, will be bringing its unique brand of marijuana products to Ontario this summer.

The Smith Falls, Ontario-based cannabis producer is doubling down on its investment in U.S. hemp cultivation and now aims to operate processing facilities in seven states within the next 12 months.

The Ohio-based cannabis company inked a deal to open up 70 new CBD stores at shopping centers operated by Brookfield Properties across the U.S.

Harborside Inc., one of the oldest licensed cannabis retailers in the U.S., started trading on the Canadian Securities Exchange on Monday under the ticker symbol HBOR.

The American multi-state cannabis operator will be the third U.S. marijuana firm in the past month to go public on Canada's newest stock market exchange.

The Alkaline Water Company Inc. (TSXV:WTER) (NASDAQ:WTER) announced last week it posted record monthly sales to a tune of $3.8 million in May—and that's without sales of its new hemp-infused water line.

The next big cannabis winners look to own the supply chain, and this first-of-its-kind cannabis logistics company has created a fully integrated omnichannel platform for both businesses and consumers.

Aphria Inc., Aurora Cannabis Inc., OrganiGram Holdings Inc., and Supreme Cannabis Co. will supply Pax with cannabis extracts, distillates, and resin for a new line of vaporizers once they become legal in Canada in October.

The Las Vegas-based cannabis retailer is set to expand in Santa Ana in Orange County once it purchases a sales license and lease from marijuana retailer Newtonian Principles, Inc.

Tweed whittled its Manitoba staff down to 64 from 73 this past week; cannabis industry still sees bright future in province's retail sector

After the Canadian cannabis company announced on Tuesday it plans to be “aggressive” with a U.S. CBD launch, Bank of America Merrill Lynch gave the stock a rare double upgrade to a 'buy' rating from 'underperform.'

The Colorado-based CBD company said its customers have been requesting the popular gummy products and as of Monday three different options--focused on sleep, calm and recovery--are available for online ordering.

The Alberta Gaming Liquor Cannabis (AGLC) announced last Thursday it will be lifting the ban on new cannabis retail licenses as more supply comes online in Canada.

Planet 13 operates the world's largest cannabis retail shop on the Las Vegas Strip, and the "SuperStore" banked $5 million in sales each month over the quarter.

Over the past 12 months, MedMen's share price has declined more than 30%.

The Massachusetts-based company posted revenues of $35.3 million, a 10 per cent improvement over last quarter and nearly four times the $9.1 million sales it generated a year ago.

The Florida-based cannabis firm has dozens of medical dispensaries in the company's home state, which continues to drive its revenues.

While earnings growth cooled off, the company's retail footprint expanded and helped generate more than half of its US$21.7 million net sales.

Eight Capital initiated coverage at a $1.10 target price on Calgary-based Westleaf with the prospects its continued store expansions will generate “meaningful” revenues through 2020.

It is first cannabis company from Israel to apply to launch an initial public offering with the Toronto Stock Exchange.

The U.S. cannabis company said most of its insiders, including all of its five senior executives, will extend their lockup agreements and not sell their shares following the completion of the deal with Canopy Growth.

AYR is the first recreational cannabis-focused company with an enterprise value over a billion dollars to list on NEO.

A report published by New Frontier Data claims the demand for cannabis in Africa reaches $37.3 billion, which has already caught the attention of licensed producers in Canada.

The B.C.-based company recently announced it will team up with Arkansas Valley Hemp, LLC and initial production is expected to be on 120 acres in 2019, with a possibility of that reaching 500 acres by next year.

But the Edmonton-based licensed cannabis retailer saw a net loss of $38 million on the year due to expansion of stores in Ontario and Saskatchewan.

With a relatively smaller market cap of US$250 million, and the large-scale plans to compete with the bigger Canadian LPs, Zenabis Global could be a stock to watch when it graduates up to the Toronto Stock Exchange May 27.

Only one year ago the 10 largest publicly-traded cannabis companies in the world were all Canadian. Today, that number has dropped to four, with six American firms climbing into the top-10.

The Ontario-based cannabis company will acquire skin-care brand This Works in an all cash deal to expand its global presence and sell CBD wellness products in Europe.

Vancouver-based pot company Invictus is banking on music icon's star power to boost coming CBD-infused beverage line.

Privatization allows companies to take on the risk leaving the government on the sidelines to collect taxes and add oversight.

Adding The Healing Corner, Inc. expands the Florida-based company's medical marijuana footprint.

The state known for its Rocky Mountains continues to set new heights with a record US$142 million in legal pot sales in March.

With a population of fewer than 600,000 people, adding Luxembourg only amounts to adding another tally to the list of countries Aurora has a presence in.

The Moncton-based pot company will construct a technology, labeling and shipping system to produce up to four million kilograms of "exceptional chocolate cannabis edibles" annually.