The Mohawk reserve that straddles three borders (Ontario, Quebec and New York State) is home to Seven Leaf, which promotes itself as Canada’s first Indigenous owned and operated medical cannabis producer licensed by Health Canada. The company received licensing approval last month.

Unless you’ve been sleeping under a rock, you know that Canada legalized recreational cannabis this past Wednesday. The move generated considerable buzz both inside and outside the country. Cannabis stocks have surged in anticipation, but the performance was muted on the same trading day legalization became official.

Last week I’d also covered two of the top three cannabis producers that investors will need to keep on their radar into next year. Today we are going to look at Aurora Cannabis (TSX:ACB), which could be poised for an upswing this week.

On Wednesday, recreational cannabis officially became legal for Canadians.

The response on October 17 – the day of – was largely a mixed bag *ahem*.

Some hailed it as a landmark day for the country’s cultural history and a celebration for all those who had been active in supporting the agenda to push for a more liberalized stance toward the drug. Others meanwhile scoffed and said that it was “just another day.” One thing that we do know is that what happened on Wednesday has never before happened in a large industrialized nation. Frankly speaking, we are now in unchartered territory. Well, almost.

Canadian marijuana stocks are bracing for an exciting year. It’s the first time producers can start selling recreational marijuana directly to consumers. In anticipation, the largest producers have all issued equity, raised capital, and invested in production facilities to boost capacity.

Maybe Wall Street should be called "Weed Street." Big Canadian marijuana grower Canopy Growth listed its stock on the New York Stock Exchange (NYSE) earlier this year. Now it's about to have company. 

Aurora Cannabis (NASDAQOTH:ACBFF) begins trading on the NYSE on Tuesday, Oct. 23. Aphria (NASDAQOTH:APHQF) filed last week to list its stock on the NYSE.

Green Organic Dutchman, Hexo, CannTrust and Aleafia all carry buy ratings and stock-price targets well above today’s trading levels.

Canada’s move to fully legalize cannabis for adult recreational use on Wednesday has set the stage for the development of a new industry that is expected to generate billions of dollars in revenue.

Wednesday marked the "big day" that every cannabisand marijuana stocks enthusiast has been waiting for. The country firmly moved ahead with its program that legalizes the sale of recreationalmarijuana across Canada. As government cannabis retailers opened from Newfoundland to British Columbia, Canadian citizens battled long lines and waited for hours to buy the first state-approved cannabis.

CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST), one of Canada’s leading licensed producers and most trusted brands for medical cannabis, and Kindred, a wholly-owned Canadian subsidiary of Breakthru Beverage Group, have finalized their exclusive partnership.

Kindred will represent CannTrust’s cannabis products to the Canadian adult consumer market for recreational use and utilize the insights from its sister-company, Breakthru Beverage Canada, to deploy a state-of-the-art route-to-market platform for CannTrust.

If your province or territory nabbing the best deal?!

It's officially day two of cannabis officially being legal in Canada. While we are all probably coming off the high of such a big milestone for the country (pun absolutely intended), Canadians are shocked to see how different the legal purchasing experience is from province to province. 

Not only do some provinces get to buy in store rather than online, but areas of the country are also seeing some extreme price differences for legal cannabis. Meaning you might want to consider a road trip to snag the best bang for your buck. Here are the current prices per gram of legal marijuana in every part of Canada, so you can see how your province stacks up. All prices listed are in CAD.

Today we have identified some Canadian marijuana stocks that are well positioned to meet Canadian recreational cannabis demand for the foreseeable future.

Statistics Canada estimates that Canadians spent $5.7B on cannabis in 2017 and the demand for cannabis is expected to be extremely high now that it can be purchased legally. To meet such demands many Licensed Producers in Canada have made significant investments to increase their production capacity by renovating or building production facilities.