Marijuana Business News

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Fri
21
Jun

3 cannabis stocks with the highest dividend yields

Cannabis and dividends go together like... Actually, cannabis and dividends usually don't go together at all. There's this tiny little problem that most cannabis companies aren't profitable yet that keeps any discussion of dividends totally off the table.

However, there are a handful of cannabis stocks that do pay nice dividends. The three with the highest dividend yield s are Altria Group (NYSE: MO), Molson Coors Brewing (NYSE: TAP), and Scotts Miracle-Gro (NYSE: SMG). You might not view these three as cannabis stocks, but thanks to key deals each of these companies has made, that's what they are.

Fri
21
Jun

This overlooked opportunity could send Shopify (TSX:SHOP) to new heights

Shopify (TSX:SHOP)(NYSE:SHOP) continues to defy gravity. Despite several analysts warning that its share price is significantly overvalued, and various large corporations making plans to enter the e-commerce sector in some capacity, it seems as though the Ottawa-based tech firm is unstoppable.

However, in discussions about how much Shopify has left in its tank, one opportunity is often overlooked: marijuana.

Fri
21
Jun

Seth Rogen’s cannabis company Houseplant expands weed products into Ontario, Canada

Even if cannabis users in Ontario might not be able to smoke pot with Seth Rogen, they’ll now be in a position to smoke his weed.

Seth Rogen, a Vancouver-born actor, and his fellow scriptwriter Even Goldberg are the founders of Houseplant. Houseplant recently announced that it would be bringing its unique marijuana products brand to Ontario this summer. At the moment, the brands’ products are only available in the two comedy film mogul’s B.C home province.

Houseplant’s cannabis is supplied by Canopy Growth Corp, which happens to be a Canadian industry giant. Houseplant sativa brand will be available for sale online and in Ontario regulated retail stores this summer.

Fri
21
Jun

4 Canadian cannabis stocks with significant short positions

The cannabis industry is characterized by growth and bullish speculation, with regulations being loosened worldwide.

However, many investors do not believe all the hype and have an intuition that the industry is overvalued. Today we have dug up four Canadian cannabis stocks with the largest short position, as of June 6, 2019.

Thu
20
Jun

This Canadian pot stock jumps on plan to enter U.S. market; marijuana stocks rally

Canadian cannabis producer CannTrust (CTST) on Wednesday said it planned to enter the U.S. hemp-derived CBD market via a joint venture that will focus on production in California, an announcement that sent CannTrust stock racing higher. Other marijuana stocks also rose.

Thu
20
Jun

A top selling product and a CEO buying shares sets this cannabis company apart

CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry announces publication of an article discussing THC BioMed (CSE: THC) (OTCQX: THCBF).

Thu
20
Jun

Cannabis Canada: Why Canadian producers may be writing down their glut of unsold supply

Should investors anticipate write-downs from unused inventory held by Canadian pot producers? 

Thu
20
Jun

The 3 best CBD penny stocks to watch June 2019

2019 is the year of cannabidiol (CBD). And that's why we've compiled a list of the three best CBD penny stocks to watch in June 2019.

According to the Hemp Business Journal, the CBD industry was valued at $170 billion in 2017. Right now, it's currently worth $591 million. By 2022, Brightfield Group says it'll soar to $22 billion. That's an insane 13,000%increase in just six years. Which is exactly why Money Morning has been so bullish on CBD penny stocks over the last several years.

Thu
20
Jun

Is Hexo Corp (TSX:HEXO) a buy after earnings?

Much of the investing world holds its breath whenever one of the top marijuana companies reports its quarterly earnings. Given that we’re still in the early stages of the development of the industry, it’s critical to pay attention to how the market develops and which companies are making a major impact.

The latest major pot company to report its quarterly earnings was Hexo Corp (TSX:HEXO). Let’s see how the Quebec-based company did.

Thu
20
Jun

Better marijuana stock: MariMed vs. Village Farms

There has been a big role reversal for MariMed (NASDAQOTH: MRMD) and Village Farms International (NASDAQ: VFF). In 2018, MariMed ranked as one of the top-performing U.S. marijuana stocks, jumping 371% while Village Farms plunged 47%. So far this year, however, Village Farms is one of the biggest winners, with the stock up more than 270% while MariMed's share price has dropped more than 30%.

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