Canada's largest cannabis company plans to open London's second brick-and-mortar cannabis retail store at a commercial plaza on Wellington Street South north of Bradley Avenue. 

Smith Falls, Ont.-based Canopy Growth plans to open the store at 1025 Wellington Street South under its Tweed brand, pending approval of its application by the Alcohol Gaming Commission of Ontario. 

The application has been filed through a numbered Ontario company, which is registered to a duplex in Toronto's Steeles Avenue and Leslie Street area. 

Aphria Inc (TSX:APHA)(NYSE:APHA) has been through a lot in the past six months. This top marijuana producer has faced a powerful attack from a short-seller, and it successfully battled a hostile takeover bid with Green Growth Brands Inc.

The biggest threat came from an allegation by Quintessential Capital Management and Hindenburg Research in December. The short sellers blamed  Aphria for overpaying for “largely worthless” assets in Jamaica, Colombia and Argentina when it acquired LATAM Holdings Inc. in September for $298 million.

Constellation Brands (NYSE:STZ) is best known for its top beer, wine, and spirits brands, including Corona Light, Robert Mondavi, and Svedka Vodka. But it's also a marijuana stock. The company acquired a 38% stake in Canada's market share-leading cannabis company, Canopy Growth (NYSE:CGC), in 2018, and this week it offered some insight into marijuana's potential to justify its $4 billion investment. Here's what Constellation is saying about this emerging industry.

Aurora Cannabis Inc. (ACB.TO 1.64%) moved to strengthen its board of directors as it announced chairman Michael Singer will become executive chairman.

The company says Ronald Funk will become the lead independent director, while Shan Atkins will also join the board as a new independent director and head of the audit committee.

Diane Jang, CEO of Hempco Food and Fiber and an Aurora director since November 2017, has resigned from the board.

Atkins is currently on the boards of Darden, SpartanNash, SunOpta and LSC Communications.

Previously, she served on the boards of Shoppers Drug Mart, Tim Hortons and the Pep Boys.

Marijuana penny stocks are trading red and green today on the market. The majority of the major cannabis companies are trading high in both the US and Canadian markets. It remains unknown at this time why most of the smaller cannabis companies are dipping.

There is one penny stock that is standing out from the rest on the TSXV though. Emerald Health Therapeutics Inc. (TSXV:EMH) (OTCQX:EMHTF) is dominating the marijuana penny stocks today. The cannabis company made a major announcement this morning that is pushing it past its competitors. Let’s dig deeper!

While many in the marijuana stock market are focused on investing in the companies that grow the physical plant, there is a large amount of opportunity in newfound companies that invest in the cannabis industry as a whole. These companies strategically look for high cash flow businesses with a large amount of potential for the future of the industry.

The industry on investing in cannabis is very much a new one, which means that the boundaries for putting money in are not yet fully established. Despite this, many of these companies have combined years of experience, and therefore have a better idea of which companies could potentially see success in the coming years.

A new marijuana production facility attracted investors to a Canadian cannabis stock Wednesday.

Here’s some small stocks making big moves on Wednesday, February 20, 2019 (as of 11:30 am EST):

Emerald Health Therapeutics, Inc. (TSXV:EMH), a Canadian cannabis stock, jumped 10% to $3.71 on Wednesday after announcing the launch of Verdélite Sciences Inc., a wholly-owned, Québec-based production subsidiary licensed by Health Canada, which currently produces high-grade dried cannabis for medical and adult-use purposes.

Cannabis producer Tilray Inc. has signed a deal to acquire Hemp Hearts-maker Manitoba Harvest for up to $419 million in cash and stock as the two companies look to launch CBD-infused products where permissible in the U.S.

The acquisition accelerates the Nanaimo, B.C.-based pot grower's entry into the U.S. market as the hemp food manufacturer's products are already on the shelves of retailers such as Wal-Mart, Costco and Whole Foods on both sides of the border, said Tilray chief executive Brendan Kennedy.

Tilray will look to leverage the food maker's manufacturing facilities in Manitoba and its supply chain to roughly 16,000 stores where their products are already sold in North America, he added.

The Canadian marijuana stocks we have weeded out today have accumulated large short positions following the early 2019 rally, fueled by the signing of the U.S. Farm Bill into law in late December.

Additional developments that have helped sustain the sector-wide rally include Israel and Columbia, which both announced that the countries would allow cannabis exports, and Florida announcing it would repeal the ban on smokable flower in its medical cannabis program. This rally, however, has been accompanied by a spike in short interest.

As recreational cannabis use becomes more and more accepted following legalization, a large number of distributors are slowly making their way into more markets. The latest cannabis distributor to make their way into the Alberta market is one of the largest in the nation. This newest supplier Zenabis is one of the largest in Canada and will be offering new premium strains to Alberta. As always, we have the inside scoop for you and all your recreational needs.