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.
With industrial hemp officially legalized by the 2018 Farm Bill, hemp-derived CBD is poised to take the marijuana industry by storm.
Many U.S. States have legalized marijuana in one form or another. Even a conservative State like Utah has made medical marijuana legal, and more are jumping on board. The latest State to express interest in legalizing cannabis: South Carolina.
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.
Just last month, the U.S. made a big move in passing the Farm Bill, which legalized cannabidiol (CBD) derived from hemp. While it didn't mean that all CBD would be legalized, it was still a significant step for cannabis companies as it now paves a way for them to sell some types of CBD products. Here are a few companies involved in the space.
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.
Mike Tyson is one of the many big names that's looking to cash in on the emerging cannabis industry. According to reports, the boxing legend recently broke ground on a 40-acre farm in California where he plans to setup a marijuana resort. "Tyson Ranch" as its being referred to, is only going to use half the land to grow marijuana. The other half is going to be for various other facilities, including a store.
Cannabis can be purchased in-store, online, and it can even be picked up in a drive-thru. For consumers in Vermont, the option is now available in Brattleboro. Ceres Natural Remedies sells hemp-derived cannabidiol (CBD) - which was recently legalized - and has opened the company's first drive-thru where consumers can pick up cannabis the same way they might get their fast food. While it's not the first one in the country, it's by no means prevalent just yet.
The coming year is shaping up to be a critical one for Canadian marijuana companies, as Canadian LPs will begin to feel pressure from their American counterparts in the hemp-derived CBD marketplace.
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.
A big segment of the cannabis industry still remains illegal in Canada: edibles. But Health Canada has already made some preliminary recommendations and is looking to get feedback from the public over the new two months on legalizing edibles. Here's a few of their recommendations.
Tilray Inc (NASDAQ:TLRY) announced that it would be working with Anheuser-Busch InBev NV (NYSE:BUD) to research cannabis beverages. Unlike most beverage deals we've seen thus far, the research won't be limited to drinks containing cannabidiol (CBD). Tetrahydrocannabinol (THC), which gives users a high from marijuana, will also be included in the research.
This week, the U.S. Senate passed the Farm Bill by a vote of 87-13 and is headed to the president for a final sign-off. There’s a lot of confusion about what the bill does and doesn’t do, so let’s break it down.
If the Farm Bill in the U.S. gets pushed forward this week, it will be a big step for the cannabis industry and could jumpstart the beverages segment. Here are two stocks with a head start.
The Alkaline Water Company Inc (TSXV:WTER) has secured a deal with Infusion Biosciences, Inc. (IBS) where it would be able to utilize its technology via a licensing agreement to help infuse drinks with hemp.
In October, The Alkaline Water Company Inc. (TSXV:WTER) (OTC:WTER) announced that it had submitted an application to get listed on the NASDAQ exchange, one of the world's premier stock exchanges and the second largest stock exchange in the world.
Baum and Whiteman are popular consultants for the food and restaurant industry, and they recently came out with their top trends for 2019. Among them is the introduction of cannabis into restaurants.
Sproutly Canada, Inc. (CNSX:SPR) is a microcap cannabis stock that hopes to be a big player when cannabis-infused beverages become legalized next year and it took a giant step in that direction earlier this week by signing a letter of intent with Global Canna Labs.
While marijuana stocks continue their current downward volatility, the Alkaline Water Company shows strength after releasing yet another record financial quarter.
The Second Cup Ltd (TSX: SCU) has some ambitious plans for cannabis as it looks to revamp its business model. The popular coffee shop chain has a lot of competition in its industry, and the company has seen its sales drop for two consecutive years. One way that it can improve its performance is by moving into another sector: cannabis.
Steam Whistle Brewing Inc. told BNN Bloomberg earlier this week that it was looking to find a cannabis company that it could either invest in or set up a joint venture with. Here's a quick look at the infused beverage space.





















