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After ‘green rush,’ Canada’s legal pot suppliers are stumbling

The mayor of the largely rural community of South Huron, Ontario, was looking forward to an employment boom when a marijuana producer used its soaring stock value to buy an enormous greenhouse on the edge of the municipality.....»»

Category: topSource: chicagotribuneApr 20th, 2021

GW Pharmaceuticals soars 46% after Jazz Pharma agrees to $7.2 billion acquisition of the medical-marijuana company

GW Pharma develops therapies derived from the marijuana plant, and was the first company to receive FDA approval for a cannabinoid-based therapy. Canada-based marijuana producer Aurora Cannabis pulled off a high sales volum.....»»

Category: worldSource: nytFeb 3rd, 2021

Can GameStop Short Squeeze Bring Down The Market? What The Experts Are Saying

Short squeeze in GameStop Corp (NYSE: GME) and others like the clothing retailer Express, Inc (NYSE: EXPR) has seen a frenzy of late due to internet message boards, but is it possible that such volatility may end very badly read more.....»»

Category: blogSource: benzingaJan 26th, 2021

How Government’s Slow Walk on Marijuana Hurts Aphria Stock

Here's a look at what has caused Canada's marijuana sales to increase so slowly, what impact that had on Aphria in particular, and how the pandemic will affect that company's future......»»

Category: blogSource: 247wallstMay 4th, 2020

Cannabis producer Canopy Growth lays off 200 amid restructuring

Marijuana producer Canopy Growth Corp. said Wednesday that it had laid off 200 people across Canada, the United Kingdom and the U.S. as part of its ongoing.....»»

Category: topSource: marketwatchApr 29th, 2020

Cannabis producer Organigram to raise $35 million through market equity sales

Canada-based marijuana producer Organigram Holdings Inc. s.....»»

Category: topSource: marketwatchApr 22nd, 2020

Pot Grower Aphria Gets C$100 Million Strategic Investment

Canada-based marijuana grower Aphria announced Friday morning a strategic investment of C$100 million. The stock is getting beaten up based on a discount of around 6% to Thursday's closing price for........»»

Category: blogSource: 247wallstJan 24th, 2020

Can Tilray Stock Make a Comeback?

Marijuana stocks like Tilray were beaten up badly in 2019. Will 2020 get the industry back in the black?.....»»

Category: blogSource: 247wallstJan 16th, 2020

Whitney Tilson: I nailed the exact top in Marijuana Stocks

Whitney Tilson’s email to investors discussing Canada’s legal high, a business letdown; Tom Carroll .....»»

Category: blogSource: valuewalkDec 20th, 2019

Cannabis Watch: Drake’s attempt to trademark Canada’s weed warning label hits a stop sign

Drake’s attempt to trademark Canada’s warning label for marijuana appears to have failed, but not entirely because Canada owns the rights......»»

Category: topSource: marketwatchNov 23rd, 2019

Cannabis 2.0: The Companies Entering Canada"s New Edible, Concentrate, Topical Market

One year after the legalization of recreational marijuana in Ca.....»»

Category: blogSource: benzingaNov 8th, 2019

Drake signs up for Toronto marijuana venture

The biggest of Canada's new brand of marijuana producers will join forces with Toronto-born rap star Drake to launch a fully-licenced joint venture in the city to produce and distribute cannabis, the two sides said on Thursday......»»

Category: topSource: reutersNov 7th, 2019

Tilray Backs First Human Study On Medical Marijuana Used For Breast Cancer Drug Side Effects

Tilray, Inc. (NASDAQ: TLRY) announced Thursday it has imported medical cannabis into the U.S. from Canada to back a new clinical trial. read more.....»»

Category: blogSource: benzingaOct 24th, 2019

Canopy Rivers Portfolio Company Obtains Health Canada"s Approval For Oil Sales

Cannabis-focused venture capital firm Canopy Rivers Inc. (TSX:RIV) OTC: CNPOF) said Thursday its portfolio company Radicle Medical Marijuana Inc. read more.....»»

Category: blogSource: benzingaOct 24th, 2019

Cannabis Watch: Tilray stock drops 7% after losses widen, though revenue tops expectations

Tilray Inc. shares fell more than 7% in the extended session Tuesday after the Canada-based marijuana producer reported wider-than-expected second-quarter losses but beat revenue forecasts......»»

Category: topSource: marketwatchAug 13th, 2019

The Wall Street Journal: Arizona Iced Tea maker getting into marijuana market

The company behind Arizona Iced Tea is getting into the market for marijuana-laced gummies and drinks in the U.S. and Canada, seeking new avenues for growth after losing ground in its core tea business......»»

Category: topSource: marketwatchAug 7th, 2019

Consumer Watch: Snapchat and Twitter cannabis ads risk government crackdown

Snap Inc. and Twitter Inc. are gambling that they can profit off the growing marijuana industry by running ads for cannabis products from licensed Canadian producers, which tests restrictive laws in Canada on marketing cannabis......»»

Category: topSource: marketwatchJul 30th, 2019

CannTrust says it will temporarily stop selling marijuana, stock slides nearly 10%

CannTrust Holdings Inc. said late Thursday that it has ceased sale and shipment of all cannabis products, days after the company said Health Canada inspections revealed the existence of several illegal grow rooms at an Ontario.....»»

Category: topSource: marketwatchJul 11th, 2019

Cannabis Watch: Canopy Growth earnings show decline in recreational pot sales since launch of legal weed in Canada

The world’s largest pot company said Thursday that recreational pot sales in Canada declined from the launch quarter, but continued to promise increased production of marijuana to meet demand......»»

Category: topSource: marketwatchJun 20th, 2019

Cannabis Watch: Canopy Growth earnings show decline in recreational pot sales from launch of legal weed in Canada

The world’s largest pot company said Thursday that recreational pot sales in Canada declined from the launch quarter, but continued to promise increased production of marijuana to meet demand......»»

Category: topSource: marketwatchJun 20th, 2019