Marijuana Business News

Synonyms: 
stocks
business
Wed
24
Jul

WeedMD launches cannabis extraction affiliate CX Industries

WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce it has launched CX Industries Inc. (“CX Industries” or “CX”), a wholly-owned subsidiary that will specialize in extraction, toll processing and third-party product formulation from WeedMD’s fully-licensed Aylmer, Ontario facility.

Wed
24
Jul

Is HEXO (TSX:HEXO) or CannTrust (TSX:TRST) stock a buy today?

Pot stocks are under pressure, and investors are wondering if some of the marijuana producers might be attractive picks right now.

Let’s take a look at HEXO (TSX:HEXO) and CannTrust (TSX:TRST)(NYSE:CTST) to see if one deserves to be in your cannabis portfolio.

Wed
24
Jul

3 small-cap stocks with big-cap potential

Landing winning stocks doesn't have to mean investing in small, high-risk operations. Even big companies offer the potential of rich returns over time. But some small businesses will turn into tomorrow's biggest enterprises and create massive wealth for early investors along the way.

Tue
23
Jul

Why Canopy Growth (TSX:WEED) might not be the top pot stock for much longer

Canopy Growth (TSX:WEED)(NYSE:CGC) has long been known as the top cannabis stock in the world, synonymous with the industry’s growth. However, the hierarchy in the industry could soon be changing. At a market cap of more than $15 billion, Canopy Growth is certainly safe, in terms of market cap, as the top cannabis stock for the foreseeable future.

Tue
23
Jul

Cannabis Canada: CannTrust gives update on independent committee investigation

CannTrust updates on independent investigation as Health Canada continues probe 

Tue
23
Jul

Will Aurora, Canopy, Cronos, and Tilray be profitable by 2021?

Over the next decade, you'd struggle to find an industry that offers the growth potential of legal cannabis. Unlike new technologies, cannabis has been around for a long time and is a proven industry – at least in the black market, where tens of billions of dollars in sales are conducted each year. It wouldn't be all that difficult for the marijuana industry to continue shuffling consumers from the black market to legal channels over time.

Tue
23
Jul

Aurora Cannabis (TSX:ACB) just won a huge supply contract that could change everything

Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) is a cannabis export powerhouse. Shipping weed everywhere from Germany to the U.K., it has become a truly international company.

Currently, Aurora’s international operations reach 24 countries, and with 40 nations in total having legalized medical pot, that reach could get even wider.

Recently, Aurora’s international operations got a big boost when it was announced that the company had won a tender to supply 400 kilograms of cannabis to Italy over the course of two years.

Tue
23
Jul

4 Canadian cannabis stocks that could acquire CannTrust

On July 15, we examined the CannTrust Holdings regulatory scandal and whether or not we believed investor trust could be restored. Today, we’ve analyzed an article written by BNN Bloomberg, which discusses two undisclosed white knights that might be interested in purchasing CannTrust. The article talks about how various inside sources have told BNN Bloomberg that at least two Canadian LPs have been approached by investment bankers to gauge interest in acquiring CannTrust.

Today we have identified four Canadian cannabis stocks that we believe have the potential to acquire CannTrust Holdings.

Tue
23
Jul

1 weed stock is rapidly taking over the marijuana industry

When a cannabis company reports a strong cash position, investors in the sector are ecstatic. Green Organic Dutchman Holdings (TSX:TGOD) is seeing green, and this weed stock is rapidly taking over the marijuana industry. We’re finally hearing positive catalysts more than distressing ones.

Tue
23
Jul

1 incredibly cheap pot stock worth buying now

Pot stocks have been outstanding growth vehicles for the better part of the past two years. The legalization of adult-use marijuana in Canada, the slow but steady march toward widespread legalization in the United States, and the 2018 Farm Bill -- that essentially legalized hemp -- all helped to drive valuations higher across the industry during this period.

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