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.
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.
Origin House chief executive officer Marc Lustig didn't hold back criticism on Canadian pot companies saying "the valuations for some companies right now are insane."
The Canadian hemp industry is calling on the federal government to remove restrictions that treat CBD like a drug in order to free up the market and grow hemp sales to $1 billion by 2023.
CBD-based drinks have experienced a surge in popularity over the last year, and are expected to exceed $1.4 billion in the U.S. in 2023, according to Zenith Global.
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.
Short supply, low quality, high prices, and long line ups at stores have plagued the legal market pushing almost 80 per cent of cannabis purchases to stay in the black market, according to data collected by Statistics Canada for the last quarter of 2018.
Statistics Canada released updated numbers for its National Cannabis Survey, which looked at usage during the first quarter of 2019. Here are the key takeaways from the report.
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.
Sproutly Canada, Inc. (CSE:SPR)(OTCQB:SRUTF) has reached an agreement with Moosehead Breweries Limited to form a joint venture to work on developing and producing cannabis beverages.
Green Relief Inc. could be an intriguing investment opportunity when it inevitably IPO's.
Zenabis Global Inc (TSX-V:ZENA) announced it is partnering with a pharmaceutical company based out of Germany, Farmako. The two companies are going to be working together on a couple of initiatives, including selling CBD isolate oil in Canada along with selling cannabis to the German medical market.
Pot stocks are still in their early growth stages. And while sales are high, so too are expenses, which is not a good recipe for financial statements. Many companies are bleeding cash and are nowhere near profitability. However, that hasn't stopped the hype from carrying stocks to sky-high valuations and investors from getting into a frenzy about the growth prospects for the industry.
OrganiGram Holdings Inc (TSX-V:OGI) announced that it has completed an application to have its shares traded on the NASDAQ.
We take a look at some of the cannabis companies redefining North America's cannabis retail experience.
The Green Organic Dutchman Holdings Ltd (TSX:TGOD) announced last week that its facility in Hamilton, Ontario received a license from Health Canada to sell cannabis oil.








































