On Monday the company released a statement confirming its new cannabis retail venture.

“Nine locations of Hobo Recreational Cannabis Store are set to open in rapid succession across B.C. and Ontario beginning April 2019,” the statement read.

Eight of the nine stores were confirmed for B.C., including locations on Robson Street, Granville Street, Main Street, and Commercial Drive. A provincial government spokesman said the Donnelly Group had not yet been issued any operating licences from the B.C. Liquor and Cannabis Regulation Branch.

Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the growing number of cannabis companies expanding their CBD capabilities, following the major market trends for 2019.

Every company and investor in the cannabis industry is well aware of the hype surrounding the potential for CBD and hemp. You can find a plethora of articles flooding the news about this sector, and the hype seems well justified according to research from New Frontier Data.  

Cannabis stocks are having a good day Tuesday, as Wall Street rounded back into form. 

The Marijuana Index, which tracks leading cannabis securities in North America, rose 2.1% to 296.3.

Buds

HEXO Corp (NYSE:HXO) announced Tuesday that it became the first cannabis company to join the Food & Consumer Products of Canada, an association that represents companies that manufacture and distribute in Canada.

The Gatineau, Quebec-based company hopes that the membership will allow them more meetings with industry leaders and shape the business environment, the company said in a statement.

There is no doubting the fact that the top of the charts in the marijuana stock market is filled with those who grow the plant. While this does make sense, we have seen a large amount of volatility sweep through this sector of the industry in recent months. The past week or so has seen its fair share of fluctuations as prices dropped along with the rest of the broader stock market. Now, we are seeing a complete turnover with companies moving back toward positive gains for intra-day trading.

The Bank of Montreal (NYSE:BMO) is hitting 2019 hard, at least when it comes to the cannabis industry. BOM invested in three marijuana companies in the past three weeks, injecting over CA$100 million ($74.61 million) into an industry that is still dancing with legality in most parts of North America.

In another move to expand internationally, Alberta-based Aurora Cannabis Inc. (NYSE: ACB; TSX: ACB; Frankfurt: 21P) today began selling Pedanios 5/1 branded cannabis oils to pharmacies in Germany.

The move follows completion of several regulatory hurdles from both the German and Canadian sides. Following that announcement, Aurora’s stock was up just over 3% this morning.

Aurora’s Chief Global Business Development Officer Neil Belot commented on the company’s strategy behind moving into the German market with oil extracts:

The cannabis sector rode the rising Wall Street tide on Monday.

The Marijuana Index, which tracks top cannabis stocks in North America, increased 1.9% to 285.4.

Buds

Valens GroWorks Corporation (CSE:VGW) (OTCMKTS:VGWCF) and The Green Organic Dutchman Holdings Ltd(TSX:TGOD) (OTCMKTS:TGODF) reached a multi-year agreement in which Valens will provide TGOD with cannabis and hemp extraction services, the companies announced Monday.

Last year, the marijuana industry broke so many barriers that it was easy to lose count. Aside from just ending nine decades of recreational marijuana prohibition in Canada, we also saw the U.S. Food and Drug Administration approve its very first cannabis-derived drug, witnessed the first cannabis initial public offering on the Nasdaq in July, and had Vermont legalize recreational weed entirely through the legislative process. All told, there were well over a dozen marijuana milestones in 2018.

As consumer awareness around CBD continues to grow, cannabis companies are beginning to allocate an inordinate amount of investment capital into the development of CBD-infused beverages.

In this report, we explore some of the largest and most active companies preparing to make their mark on the dawning CBD-infused beverage market.

The Alkaline Water Company

The Alkaline Water Company (NASDAQ: WTER) (TSX-V: WTER), a leading producer of premium bottled alkaline drinking water sold under the brand name Alkaline88®, continues to gain momentum as it achieves record Q3 sales, boasting a 102% increase in revenue in comparison to last year.

Marijuana penny stocks are rebounding this morning, as most saw share losses towards the end of last week.

Today, we’ll be checking in on The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF) and Lotus Ventures (CSE:J) (OTC:LTTSF).