US

MedMen Enterprises Inc (CSE:MMEN) released its year-end results at the end of February and while sales were good, it was still nowhere near profitable. During the second quarter, The Company recorded sales of nearly $30 million, which is almost 10 times the amount that it posted a year ago. For the past six months, revenues reached $51 million compared to $5 million in 2017.

Marijuana legalization has been progressing through many U.S. States and as many as 10 have legalized it for recreational use thus far. However, federal laws remain unchanged and that's the industry's biggest impediment today. Without being able to transport cannabis across State lines it's inefficient for companies to operate unless they are confined to just one location.

It's not hard to find anecdotes of how CBD has helped provide patients with pain relief, normally after exhausting all other options. The problem, however, is that there isn't a lot of data behind those claims and finding hard facts and numbers on the effectiveness of CBD is very difficult.

An investment bank out of New York thinks that in a decade the cannabis industry could grow to be $130 billion. Jeffries Group, the company behind the estimate, is relying on assumptions that we'll see legalization progress around the world.

Medical marijuana has been generating a lot of interest around the world for its ability to treat many different diseases and ailments. A recent study out of Penn State College also suggests that it could it could be used to treat cancer cells as well.

Canada’s marijuana landscape is evolving rapidly. In order to get a better understanding of how the cannabis industry is progressing, we have identified 5 emerging cannabis leaders in categories such as retail, cultivation, extraction, overall size, and international footprint.

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.

Tilray Inc. announced that it would be purchasing FHF Holdings Ltd, known as Manitoba Harvest. According to the release, Manitoba Harvest is the "world's largest hemp food manufacturer" and sells products in more than 16,000 stores in both Canada and the U.S.

More and more places around the world are legalizing marijuana, and the rate at which it's happening continues to accelerate. While 10 U.S. States have already legalized recreational marijuana use, more are likely to follow suit - including New York and New Jersey.

The Colorado Department of Revenue recently updated its numbers for the past year, and 2018 finished with sales of $1.545 billion, which is only 2.5% up from 2017. However, marijuana sales since legalization have now totaled more than $6 billion.

With the global CBD movement supercharged by the 2018 U.S. Farm Bill, cannabis and beverage companies alike are officially beginning to launch CBD-infused products in the U.S. market.

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.

There's no shortage of investors when it comes to the cannabis industry. And even celebrities have gotten into the mix. Earlier this year, we learned that former heavyweight champion Mike Tyson was breaking ground on his marijuana ranch. The latest athlete to turn cannabis investor is NFL legend Joe Montana, former quarterback of the San Francisco 49ers.

Attitudes on pot have been changing in the U.S. and having an attorney general that isn't taking such a hard stance on the drug could be what the industry needs to make some headway towards legalization. However, Barr has not yet been confirmed as attorney general and we could still see a different person assume that role. Ultimately, as long as Sessions isn't in charge anymore, it'll still likely be good news for the cannabis industry.

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.

With the success of the 2018 Farm Bill in the rearview, investors are already setting their sights on what’s next: CBD-infused beverages.

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.

CannTrust Holdings Inc (TSX:TRST) is the latest pot stock to apply to be listed on the NYSE. The company announced earlier this week that it had submitted its application to the major U.S. exchange.

It was five years ago, back in 2014, that Colorado became the first U.S. State to start selling recreational marijuana. Let's take a quick look to see how the new industry has done in Colorado

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.

Marijuana sales in Nevada have been doing very well. Data from July until October shows the State collecting nearly $32 million in taxes from marijuana sales, which were well ahead of expectations. In just four months, nearly half of The State's expected tax revenue from marijuana for the year had already been collected.

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.

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.

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.

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.

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.

BDS Analytics tracks retail sales for the marijuana industry and recently it came out with an update for how the cannabis market has been doing in the U.S. during the first nine months of the year.

There’s been yet another story of a Canadian traveler being banned from the U.S. as a result of cannabis-related activities. This time it wasn't an employee but an actual investor that was handed a lifetime ban.

In November, we saw Michigan become the latest state to legalize recreational pot while Missouri and ultra-conservative Utah both legalized marijuana for medical use. Now the doors are open for recreational cannabis sales in Massachusetts. Why US legalization is closer than ever.