Stock News

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.

It only took a day for Aphria Inc (TSX:APHA)(NYSE:APHA) to respond to an unsolicited offer from Green Growth Brands Ltd (CNSX:GGB). In a release on Friday morning, Aphria tried to outline to its investors why the deal wasn't a good one.

Green Growth Brands Ltd (CNSX:GGB) announced that it was intending to purchase Canadian pot producer Aphria Inc (TSX:APHA)(NYSE:APHA) in a takeover attempt.

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.

Tilray Inc (NASDAQ:TLRY) shares jumped Tuesday as the Company announced it would be working with pharmaceutical company Sandoz AG to make medical marijuana products available around the globe. Tilray already has a presence in a dozen countries and this will help accelerate the company's incredible growth.

Currently, marijuana is legal in 10 U.S. States along with Washington D.C., but more could be on the way. This week, we learned of another State that is looking to legalize marijuana: New York.

Aphria Inc (TSX:APHA) (NYSE:APHA) continues its foray into South America as it announced this week that it was looking to secure yet another deal, this time in Paraguay.

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.

It was only recently that we heard rumours that Altria Group Inc (NYSE:MO) was interested in buying Cronos Group Inc (TSX:CRON)(NYSE:CRON), but on Friday we learned just how serious the talks really were. Altria just announced an investment of CAD $2.4 billion into Cronos in return for a 45% interest in the company with the ability to increase that to 55% within four years.

This week, we saw another new pot stock get listed on the Canadian Securities Exchange: Cresco Labs Inc. (CNSX:CL). The company began trading under the ticker symbol CL on Monday. It's a U.S. cannabis stock that's based out of Chicago and that has a presence in several different states.

A few months ago, cigarette company Altria was rumoured to be in talks with Aphria Inc. Nothing happened, but now Altria has shifted its focus to Cronos Group Inc . Will the Marlboro maker finally enter the cannabis space?

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.

There are a lot of different stereotypes about what a typical cannabis user looks like; young, unemployed and having minimal education are just some of the characteristics you might expect to hear in those stereotypes. But the latest findings may surprise you.

The Government of Ontario unveiled more rules surrounding how retail would operate and it poses a big problem for big producers like Canopy Growth Corp. Here's why stocks fell after the announcement and how one of the biggest markets in the country could be affected.

Cronos Group Inc (TSX:CRON) (NYSE:CRON) reported its Q3 earnings on Tuesday, in a week that will see many big cannabis companies report on their quarterly results. It achieved significant growth this past quarter with sales of $3.8 million - nearly tripling last year’s tally of C$1.3 million, yet shares of Cronos traded down on the news. Here's why.

Aurora Cannabis Inc (TSX:ACB) (NYSE:ACB) started the fiscal year with a bang as it released its Q1 earnings which showed significant year-over-year growth. But its real strength was management's ability to deploy capital.

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.

October 17th marked the beginning of recreational cannabis sales in Canada, and there are many producers out there vying for market share. Here are the challenges for companies and why retail is THE next big critical space.

VIVO Cannabis Inc. (TSX-V: VIVO, OTCQB: VVCIF) is pleased to announce that its wholly-owned subsidiary, Canna Farms Limited, has completed an agreement with the Ontario Cannabis Store to supply the Province of Ontario with high-quality cannabis products.

Centric Health Corporation (TSX: CHH) today announced that it has entered into multi-year supply and service agreements with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) for the provision of medical cannabis.

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) and Hiku Brands Company Ltd. (CSE: HIKU) are pleased to announce the closing of the previously announced acquisition of Hiku by Canopy Growth.

The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (US:TGODF) agrees to extend Aurora’s exercise deadline of its first milestone option under the TGOD Aurora Investor Rights Agreement.

VIVO Cannabis Inc. (TSX-V: VIVO, OTCQB: VVCIF) is pleased to announce the release of its Q2 2018 financial statements and to provide an update on recent business activities.

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announces that it has received amended licences from Health Canada that increase the size and sophistication of its national footprint.

The Green Organic Dutchman Holdings Ltd. signs definitive agreement to acquire 100% of HemPoland in an immediately accretive cash and share transaction.

VIVO Cannabis Inc. (TSX-V: VIVO, OTCQB: ABCCF) is pleased to announce that it has completed an agreement with the Ontario Cannabis Store to supply the province with high-quality cannabis products.

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), through its wholly-owned subsidiary Tweed Inc., has been selected as an approved supplier by the Ontario Cannabis Store ("OCS") to supply a wide variety of cannabis products through its online store starting October 17th, 2018.

The Green Organic Dutchman Holdings Ltd.(TSX: TGOD) (US: TGODF) reported its financial and operational results for the second quarter of fiscal 2018, ended June 30th, 2018.

The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTCQX:TGODF) announces the deemed exercise of 3,910,000 special warrants issued by the Company on June 26, 2018.

Constellation Brands (NYSE: STZ) (NYSE: STZ.B), a leading beverage alcohol company, and Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), a leading diversified cannabis company, today announced a significant expansion of their strategic partnership.

VIVO Cannabis Inc. (TSX-V: VIVO, OTCQB: ABCCF) announces the appointment of Joel Mallard as the Company's Chief Customer Officer. Mr. Mallard will assume the position effective August 20, 2018.

The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (US:TGODF) announced today that it has selected Shopify Inc. to build an ecommerce platform for the delivery organic cannabis world-wide.