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Mugglehead Investment Magazine
Alternative investment news based in Vancouver, B.C.

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Negative headlines and an industry-wide struggle to record profits have been hurting investor confidence in cannabis stocks in 2019 including Canopy. Negative headlines and an industry-wide struggle to record profits have been hurting investor confidence in cannabis stocks in 2019 including Canopy.

Canada

Canopy Growth Has Fallen Nearly 30% Since February

Negative headlines and an industry-wide struggle to record profits have been hurting investor confidence in cannabis stocks in 2019.

July 12, 2019
Canopy Growth Corp. surprised the market Wednesday with news that co-chief executive Bruce Linton is stepping down from the company he helped create. Canopy Growth Corp. surprised the market Wednesday with news that co-chief executive Bruce Linton is stepping down from the company he helped create.

Canada

Canopy’s Bruce Linton Firing Stuns Cannabis Industry

Linton's sudden departure sent waves through the cannabis industry with analysts and insiders offering a wide range of speculation on how it will reshape...

July 3, 2019
Ireland's Health Minister signed legislation last week which will allow citizens to gain limited access to medical cannabis under a pilot program that will last five years. Ireland's Health Minister signed legislation last week which will allow citizens to gain limited access to medical cannabis under a pilot program that will last five years.

Global

Ireland Launches Five-Year Medical Marijuana Pilot Program

Ireland's Health Minister signed legislation last week which will allow citizens to gain limited access to medical cannabis to treat multiple sclerosis, chemotherapy-related illness...

July 3, 2019
Canopy Growth Corp. has been the cannabis industry's top dog by market capitalization so far, but U.S. companies are growing fast and could take over top spot. Canopy Growth Corp. has been the cannabis industry's top dog by market capitalization so far, but U.S. companies are growing fast and could take over top spot.

Canada

Why Canopy May Not Last as Cannabis Industry Leader

Canopy Growth Corp. has been the cannabis industry's top dog by market capitalization so far, but U.S. companies are growing fast and could take...

July 2, 2019
High Tide saw its sales jump to $6.6 million during its last quarter when it also opened three cannabis stores in Ontario and its 15th location in Alberta under its Canna Cabana brand. High Tide saw its sales jump to $6.6 million during its last quarter when it also opened three cannabis stores in Ontario and its 15th location in Alberta under its Canna Cabana brand.

Canada

High Tide Expands into Ontario, Sales Reach $6.6 Million Over its Last Quarter

The Calgary-based cannabis retailer saw its sales jump to $6.6 million during its last quarter when it also opened three stores in Ontario and...

July 2, 2019
Mintel ingestible cannabis Mintel ingestible cannabis

Beverages

Molson Coors, Hexo Say Beverages Will Make Up 30% of Canada’s Cannabis Market

“Our ambition is to be the beverage specialist. We want to lead this category and we will lead this category," Brett Vye, CEO of...

June 27, 2019
CBC News reports some black market suppliers are ripping off government-approved packaging and selling imitation products as the real thing in Saskatchewan. CBC News reports some black market suppliers are ripping off government-approved packaging and selling imitation products as the real thing in Saskatchewan.

Canada

Fake Legal Cannabis Packaging Shows up in Saskatchewan

CBC News reports some black market suppliers are ripping off government-approved packaging and selling imitation products as the real thing in Saskatchewan.

June 26, 2019
The South American nation legalized medical marijuana three years ago, and last week Colombia’s Constitutional Court lifted the ban on public cannabis consumption signalling the country, noted for ideal growing conditions and huge export potential, is closer to complete legalization of the drug. The South American nation legalized medical marijuana three years ago, and last week Colombia’s Constitutional Court lifted the ban on public cannabis consumption signalling the country, noted for ideal growing conditions and huge export potential, is closer to complete legalization of the drug.

Global

Colombia Overturns Ban on Public Cannabis Use—Is Legalization Next?

Colombia’s Constitutional Court lifted the ban on public cannabis consumption signalling the country, noted for ideal growing conditions and huge export potential, is closer...

June 24, 2019
Cannabis producer Hexo Corp.'s pot-infused beverages it has been developing with alcohol giant Molson Coors will be ready in Canada by mid-December. Cannabis producer Hexo Corp.'s pot-infused beverages it has been developing with alcohol giant Molson Coors will be ready in Canada by mid-December.

Beverages

Hexo, Molson to Have Pot Drinks on Canadian Store Shelves by December

Hexo Corp. is the first cannabis company to come out and say its beverages will be available on Day 1 of the legal edibles...

June 18, 2019
Reactions from analysts and industry players varied on Health Canada's regulations for new cannabis edible and derivative products. Reactions from analysts and industry players varied on Health Canada's regulations for new cannabis edible and derivative products.

Beverages

A Gummy Situation: Industry Reactions to Canada’s New Regulations for Cannabis 2.0 Products

From optimism to disappointment—reactions varied from analysts and industry players on Health Canada's final regulations for new pot-infused edible and derivative products.

June 17, 2019
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