Business

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.

The deal between Canopy Growth Corp (NYSE:CGC) (TSX:WEED) and Acreage Holdings, Inc. (CSE:ACRG.U) is contingent on the U.S. making cannabis legally federally. However, the deal could be dead in the water long before that happens.

Former Medmen CFO James Parker has made further allegations that not only is he owed a lot of money from MedMen but that the Company was also very aggressive in trying to drive up the price of its shares for the benefit of CEO Adam Bierman and other high-ranking executives.

Las Vegas passes law to allow cannabis use inside lounges dedicated to smoking cannabis.

Fire & Flower Holdings Corp (TSX-V:FAF) four cannabis retailers in the province of in Saskatchewan.

Canopy Growth Corp (NYSE:CGC)(TSX:WEED) expands reach into Europe with a $342.9 million acquisition of medical cannabis company C3, based in Germany C3.

Acreage Holdings Inc (CSE:ACRG.U) knows that its deal with Canopy Growth Corp (NYSE:CGC)(TSX:WEED) is complicated. That's why a FAQ section has been made available on its investor relations website to help investors understand more about the transaction.