Business

On April 18, investors will have the opportunity to invest in a new marijuana ETF, the first that focuses on U.S. pot stocks.

The last time Canopy Growth Corp (TSX:WEED)(NYSE:CGC) was trading this low was back in January. Although it was beginning to look like 2019 was going to be a strong year for The Company, we've seen the market start to have some doubts about it as over the past weeks Canopy Growth's stock price has started to falter.

OrganiGram Holdings Inc (TSX-V:OGI) released its Q2 results on Monday. Net revenues of $26.9 million were about eight times the sales that The Company generated a year ago, which totalled just $3.4 million. However, despite the incredible sales growth, OrganiGram's bottom line finished in the red with a loss of $6.4 million compared to a profit of $1.2 million in the prior year.

The State of Colorado recently updated its sales numbers for cannabis, and they're continuing to slide. With $119 million in sales for February, it was the lowest month that the State had since February of last year when it earned $113 million. It was also the second consecutive month that total cannabis sales were down.

Mike Tyson launched his marijuana products with Nevada-based Plant 13 Holdings Inc (CSE:PLTH), where they would be the exclusive launch partner for his products in the State.

Aphria Inc (TSX:APHA)(NYSE:APHA) released its third-quarter results on Monday, showing significant growth for the quarter. For the period ending February 28, which included a full three months of the recreational market, net revenues reached just under $74 million. That's an increase of 617% from the prior year when sales were just $10 million.

Unilever (NYSE:UN) is a massive consumer goods company. It hasn't acquired a cannabis company and it's not about to start growing its own pot, but one of its subsidiary companies is looking to sell CBD-infused deodorant products

Canopy Growth Corp (TSX:WEED)(NYSE:CGC) joins the S&P/TSX 60. It's another big first for the cannabis industry as it continues to gain credibility among investors.

Trulieve Cannabis Corp (CSE:TRUL) released its fourth-quarter earnings on Wednesday, with sales for the quarter totalling more than $35.9 million, increasing by 172% year over year. For all of 2018, its sales were $103 million - five times what Trulieve recorded in 2017.

Oregon has a marijuana supply problem. According to a report from the Oregon Liquor Control Commission, updated on March 2, there is nearly 1.2 million pounds of marijuana inventory sitting in the State in what it calls "usable marijuana."

It's been an odd few weeks for pot stocks where we've seen some big names struggle, while smaller companies have been on the rise.

Five companies in the world of cannabis retail and the progress they've been making thus far.

Marijuana has been rapidly growing in popularity. And like a weed, has been making its way into just about every aspect of day-to-day life. From cookies to beverages to clothing and even television shows, marijuana culture has been taking off. Last month, there was even a cannabis wedding expo in Calgary, Alberta.

Profits have been very elusive for the cannabis industry, but Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) is looking to change that. The big marijuana company is looking to tighten up its ship as it looks to find itself on the right side of breakeven. In an interview with BNN Bloomberg, Aurora Chairman Michael Singer reportedly said that his company is "primed to become profitable this quarter."

Stocks listed on the Canadian Securities Exchange (CSE) are typically seen as higher risk than their TSX-listed counterparts. However, when it comes to pot stocks, those that are on the CSE also present a lot more opportunity.

Aphria Inc (TSX:APHA)(NYSE:APHA) and Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) have been very active when it comes to international expansion. And now, the two companies will be able to compete head-on in the German cannabis market.

Orchid Ventures, Inc. (CSE:ORCD) is one of the newest pot stocks to hit the Canadian Securities Exchange (CSE). The California-based company began trading on the CSE on March 18 of this year. And in less than a month of being listed, the stock price has already risen by more than 70%. Is more to come?

Aurora Cannabs Inc (TSX:ACB)(NYSE:ACB) keeps adding high-profile individuals into the fold, with a focus on growth and partnerships.

Horizons Marijuana Life Sciences ETF (TSX:HMMJ) has a collection of the biggest Canadian pot stocks and gives investors an easy way to diversify. With so many different options to invest in and many new pot stocks continuing to pop up, it can be very difficult for a new cannabis investor to decide which stock to invest in.

Last week, Charlotte's Web Holdings, Inc. (CSE:CWEB)(OTCQX:CWBHF) released its year-end results, which continued to show a lot of growth. The Company's sales reached $21.5 million for the three months ending December 31. This is an increase in Charlotte's Web's top line by more than 70% from the previous year.

As marijuana legalization has progressed in many parts of the world, cannabis companies have been working feverishly to expand and gain first-mover advantages in many emerging markets, could expanding into Europe this early be a mistake?

To get a better understanding of how Canada's online marijuana market is developing, we take a closer look at some of Canada’s most promising medical and recreational cannabis e-commerce platforms.

High Tide Inc. (CSE:HITI) released its first-quarter results on Monday which showed significant growth from where The Company was a year ago.

Ontario opens retail marijuana stores! Cannabis customers in the province have been waiting for this day for a long time and finally get to experience buying marijuana from a store.

Westleaf Inc (TSX-V:WL)(OTCQB:WSLFF) has launched an online e-commerce platform to help facilitate sales in Saskatchewan for its Prairie Records stores. The website, www.prairierecords.ca, gives customers the ability to buy cannabis, accessories and merchandise

We've seen a lot of wheeling and dealing in Canada when it comes to cannabis companies, but U.S. companies are getting in on the action as well. Cresco Labs (CSE:CL)(OTCQX:CRLBF) announced in a release today that it would be purchasing Origin House (CSE:OH)(OTCQX:ORHOF) in an all-stock deal valued at CAD $1.1 billion.

Cannabis retail has rapidly emerged as one of the most important components of the marijuana value chain. In this article, we explore some of Canada's leading cannabis retail brands.

CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) released its fourth-quarter earnings results on Thursday, which fell short of investor expectations as the stock proceeded to fall off a cliff following the news. With the stock down around 20% since it released its results, lets take a look at why the quarter was so bad.

Sproutly Canada, Inc. (CSE:SPR) (OTC: SRUTF) has skyrocketed this week and was forced after it announced it has been negotiating with an unnamed beverage company to develop cannabis-infused drinks.

One way Canopy Growth Corp (TSX:WEED)(NYSE:CGC) has been able to help differentiate itself and grow its brand has been by adding some big names into the mix. This week, we learned of another big name that it's going to be working with: Seth Rogen.

With all the excitement surrounding the industry's growth, many companies have been popping up in the hopes of gaining market share. And that's left novice investors with too many options to choose from. If you're interested in investing in cannabis, a new US marijuana ETF is coming.

The Green Organic Dutchman Holdings Ltd (TSX:TGOD) released its full-year results this past week as it is the latest Canadian cannabis company to reveal how it has performed since legalization.

As the cannabis industry continues to grow, so too does the demand for jobs. According to a report done by Leafly, which collects data on the cannabis industry, nearly 65,000 full-time jobs were created in the industry in 2018. And that number is only going to grow...

Canopy Growth Corp (TSX:WEED)(NYSE:CGC) is continuing to grow in the retail market in whatever way that it can. This week, we learned that yet another one of the Ontario lottery winners will open a store under one of its brands. This time, Tokyo Smoke will be the brand that's used for a store on Yonge Street in Toronto.

With cannabis edibles, extracts, and topicals expected to be legal in Canada later this year, we take a look at some of the biggest names in cannabis extraction.

For all the hype that's been surrounding legalization in Canada, sales have slowed. Dried cannabis sales of 6,416 kg in October were impressive for a two-week period but that pace hasn't kept up. Here's a look.

Tilray, Inc (NASDAQ:TLRY) released its Q4 and full-year results on Monday. Here's a look at how it performed.

Hexo Corp (TSX:HEXO) released its Q2 earnings this week in what the first full quarter of recreational sales. It was the first big test of the recreational market and it was definitely a big success. Sales of over $16 million dwarfed the $1 million in revenue that Hexo had earned a year ago. Even after excise, net revenues were still north of $13 million.

Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) got a big boost in share price when it announced that a big investor was going to join the company. Billionaire Nelson Peltz has been brought on as a strategic advisor to help "explore potential partnerships" while also advising on The Company's international expansion.

HEXO Corp (TSX:HEXO) is going to be acquiring Newstrike Brands Ltd. (TSX-V:HIP) in an all-stock deal valued at $263 million. It shouldn't come as a big surprise to investors as Newstrike was in talks last year with Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) but failed to come to terms on a deal.