How the cannabis retail market will look remains one of the marijuana's sector's biggest unknowns. Here is an overview of four big cannabis companies and their very different approaches for gaining market share in the retail space.
Canopy Growth Corp announced that it will be working with Alimentation Couche-Tard Inc (TSX:ATD.B) on a cannabis store in London, Ontario. The two companies entered into a multi-year agreement and will help support the operator of the London store, who was one of the lottery winners that was able to obtain a license to setup a pot shop in the province.
Canopy Growth Corp. released its third-quarter results last week which showed the big pot producer selling more than 10,000 kilograms during the period. Here's a closer look at their financials to see just how well the big pot producer did during the quarter.
Aurora Cannabis Inc. released its quarterly results on Monday, and there was certainly a lot of red on them. Here's a quick breakdown.
Namaste Technologies Inc. declined sharply after news hit that it was letting go of its CEO Sean Dollinger. Initially, allegations of wrongdoing were raised by a short seller, which led to an internal investigation being done by The Company.
Here's a look at four companies that could be big players on the cannabis retail stage over the next few years, in both Canada and the U.S.
In 2018, when Potash Corporation of Saskatchewan merged with Agrium Inc. to form Nutrien Ltd., the ticker symbol 'POT' became available to use. Naturally, with the cannabis industry taking off and generating a lot of excitement, many companies were vying to use the symbol. And due to the significant interest in the symbol, the Canadian exchanges did the only thing they deemed reasonable: hold a lottery.
Canada's cannabis retail sector lacks imagination -- but a handful of forward-thinking Canadian marijuana producers are about to change that.
National Access Cannabis Corp. plans to be a big player in the retail landscape and their early quarterly results are a good indication that things are on the right track.
Just months after marijuana's legalization in Canada, innovative cannabis retailers are emerging to disrupt Canada's marijuana retail landscape.
The Ontario Cannabis Store received a lot of complaints about its slow delivery when it started selling pot back in October. However, the government-run organization is now looking to offer consumers much quicker turnaround times, in the form of same-day delivery.
Last month, Green Growth Brands Inc (CNSX:GGB) expressed interest in acquiring Canadian cannabis giant Aphria Inc (TSX:APHA)(NYSE:APHA). While many people questioned the seriousness of it, Green Growth seems determined to prove otherwise as it is making a second bid for the stock.
In late 2016 and early 2017, Organigram Holdings Inc (TSXV:OGI) began voluntary recalls of its medical marijuana products after pesticides which were not permitted to be used on cannabis, as per the Pest Control Products Act, were detected. The recalls fell into hazard categories II and III, which suggested that at worst, there might be temporary side effects for affected customers...now here comes the lawsuits.
Companies have been looking at partnerships and key deals to help further their prospects for growth in the industry. We've seen beverage makers and tobacco companies link up with cannabis companies already, and that's only the start...it's branding time. And Tilray just announced a major brand partner.
National Access Cannabis' stock trades on the TSX Venture and with a market cap of around $100 million. It still has a long way to go in catching up to some of the bigger players in the industry. Could their latest acquisition help?
Earlier this week, we learned that Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) had come to terms to acquire yet another company: Whistler Medical Marijuana. The deal, valued at $175 million, will of course be yet another all-stock transaction between the two companies. With only $148 million in cash on its books last quarter and the company burning through a lot of it during the course of its operations, is there enough for Aurora to spare?
Last week, Aphria Inc (TSX:APHA)(NYSE:APHA) released its quarterly results. It was the first quarter that included sales post-legalization so investors were expecting to see a big boost. And while Aphria did see sales more than double from a year ago, they were still well short of expectations...
It didn't take long for one of the big players to get moving on a big development in the industry. On Monday, we learned that Canopy Growth Corp (TSX:WEED)(NYSE:CGC) had obtained a license from the State of New York to produce and process hemp. It was just last month that the Farm Bill had passed in the U.S.
This year could be a big one for marijuana edibles. With hemp-derived cannabidiol (CBD) recently being legalized in the U.S. and Canada expecting to legalize edibles sometime this year, there could be significant growth opportunities for cannabis stocks this year. Here are four stocks set to take advantage of this boom.
If you're looking for a pot stock to invest in for 2019, we've got two that could be great buys for two very different reasons.
Doors to the recreational cannabis market opened on October 17th in Canada, but it'll take a little more time before we see how companies did in their first quarters post-legalization. Here's how sales are so far.
Canada’s first-mover advantage in marijuana legalization means more than just leading the proverbial “pack” in cannabis production. In fact, Canada’s true first-mover advantage in the cannabis space is much more nuanced. It lies in branding.
Long lines, supply shortages, and delayed mail shipments have left many consumers (and entrepreneurs) looking to U.S. cannabis delivery services like Eaze with envy. Unfortunately for Canadian consumers, strict provincial regulations are creating what looks like an uphill battle for private cannabis delivery services.























