Marijuana Business News

Synonyms: 
stocks
business
Fri
10
May

Canopy Growth announces offtake agreement with PharmHouse

Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) is pleased to announce today that has signed an offtake agreement with PharmHouse Inc. (“PharmHouse”), a 49 per cent-owned joint venture of Canopy Rivers Inc. (TSXV: RIV) (OTC: CNOPOF).

Fri
10
May

TGOD secures supply agreement with British Columbia

 The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce that it has secured a cannabis supply agreement with the BC Liquor Distribution Branch (“BCLDB”).

The BCLDB, under the brand BC Cannabis Stores, is British Columbia’s public retailer of non-medical cannabis.

Fri
10
May

Warning: 3 things all cannabis investors should be aware of

The idea of high-return investments is intriguing to all investors. The cannabis sector is a perfect example. Fortunes have been made in the industry, but now that legalization has come and gone, are there any opportunities left in the space?

Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) is the ideal way for investors to gain exposure to the cannabis industry without taking on specific business and execution risk. The fund consists of all the top companies in the marijuana space and is just over two years old.

Fri
10
May

Is Aurora Cannabis (TSX:ACB) stock a buy today?

The 2019 rally in marijuana stocks has investors scouring the cannabis sector to see which marijuana companies might be the best picks to pocket some pot stock gains through the end of the year. Let’s take a look at Aurora Cannabis (TSX:ACB)(NYSE:ACB) to see if it deserves to be on your buy list right now.

Fri
10
May

Sales estimates for the most popular pot stock are plunging

Since the beginning of 2019, few industries have generated buzz quite like the marijuana industry. The Horizons Marijuana Life Sciences ETF, the first tradable cannabis exchange-traded fund, is up 49% for the year through Monday, May 6. That almost triples the 17% return of the broad-based S&P 500 since the year began.

Fri
10
May

Go for growth without being stupid: 3 top mid-cap stocks to buy in May

Hi there, Fools. I’m back to call your attention to three attractive mid-cap stocks — or, as I like to call them, my top “sweet-spot” stocks. As a quick refresher, I do this because mid-cap companies — those with a market cap of between $2 billion and $10 billion — have two key features:

Fri
10
May

This major pot stock is headed to the Nasdaq

The marijuana industry is evolving at a breakneck pace. What had once been an industry that was forced into seclusion is now an industry that has a product that's considered mainstream throughout much of North America and Europe.

Not to mention, more and more people favor the idea of legalizing cannabis, at least in the United States.

Thu
09
May

Neptune Wellness Solutions Inc: New growth trajectory could help this weed stock triple in price

Neptune Wellness Solutions Inc (NASDAQ:NEPT) has been one of the top cannabis stocks in 2019, climbing 65% year-to-date. It was also one of the top marijuana stocks in April, advancing more than 26%.

Neptune stock has been bullish for a number of great reasons.

Along with a strong balance sheet, the company recently announced that it had received licensing from Health Canada to process cannabis and that it had begun commercial production and delivery of cannabis extracts.

On top of that, Neptune has expanded its offerings of turnkey solutions in the U.S. to include hemp ingredients.

Thu
09
May

Big player in pot economy seeks to buy 1 of R.I.’s 3 dispensaries

One of the nation’s largest marijuana investment firms is looking to make money in Rhode Island’s medical marijuana program.

Acreage Holdings — which has marijuana interests in nearly a dozen states and counts among its directors former U.S. House Speaker John Boehner and ex-Massachusetts Gov. Bill Weld — is in talks to buy Greenleaf Compassion Center, in Portsmouth, one of only three medical marijuana dispensaries in Rhode Island.

Greenleaf CEO Seth Bock said Wednesday he had signed a letter of intent to sell the business but could not disclose the potential buyer because of a nondisclosure agreement.

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