Organigram Holdings Inc. (OGI.V) reported a third-quarter loss as revenue slipped amid lower recreational pot reorders from Ontario and British Columbia, but the cannabis company anticipated growth ahead as edibles and new retail stores come online.

The Moncton, N.B.-based licensed producer reported a $10.2-million loss for the three-month period ended May 31, compared with a profit of $2.8 million a year earlier.

Organigram's net revenue during its financial third quarter totalled $24.8 million, down from $26.9 million in its second quarter, but up from $3.4 million a year earlier -- before legal recreational cannabis sales began.

There was probably no bigger personality in the marijuana business (as far as executives go, that is) than Bruce Linton. The former Canopy Growth Corp (NYSE:CGC) CEO and founder is famous for taking a defunct chocolate factory in a small town in Canada and transforming it into the largest marijuana empire in the world, at least according to valuation.

But that reading has suddenly taken a turn with his firing by his own board. What does his departure mean for Canopy Growth stock? And for the marijuana industry more broadly?

In order to properly dissect this, we need to understand how one of the biggest names in pot was so quickly dethroned.

With billionaire rap mogul Jay-Z signed on as its new chief brand strategist, California cannabis company Caliva has lofty goals.

“We obviously have aspirations to go beyond California into other states over the next couple of years, and we really believe that Mr. Carter’s creative genius and his ability to really have the pulse of what a cultural movement is will be able to help Caliva do that,” Dennis O’Malley told CNBC’s Squawk Alley last week. He noted the company is making “no small plans.”

CannTrust Holdings Inc. (TSX:TRST) (NYSE:CTST), one of the Canadian cannabis stocks, has seen its share price plunge more than 48% during the past five trading sessions to C$3.34 currently, following a Company announcement on July 8, 2019, that Health Canada notified CannTrust that its greenhouse facility in Pelham, Ontario is non-compliant with certain regulations. Specifically, the non-compliance is based on observations by the regulator regarding the growing of cannabis in five unlicensed rooms and inaccurate information provided to the regulator by CannTrust employees.

When you think of cannabis companies, the first names that come to mind are likely the most publicized ones, such as Canopy Growth Corporation, Aurora Cannabis Inc, and Aphria.

Since there are more than 100 marijuana stocks in the market, there are some that fly under the radar. Today we have discovered four lesser-known cannabis stocks that have made big moves so far in 2019.

*Share prices as at close Thursday, July 11, 2019, data obtained from S&P Capital IQ

It's an Ontario-first, and it's happening in Kitchener. 

The Ontario Cannabis Festival will take over Bingemans on September 7. 

Co-founder Tony Millar says the grassroots festival is made by cannabis lovers, for cannabis lovers - and will have something for everyone. 

"We'll have ongoing classes throughout the day. These classes range from how to roll a joint, to how to grow your own flower. So a lot of workshops and a lot of education. People can also learn how to infuse cannabis butter and extract cannabis into oil."

Participants can also attempt something historic!

The healthcare section of the TSX was dragged down by a single stock last week in a shocking development that threatened to undermine the fledgling cannabis industry.

But what if things got worse for marijuana investors?

Let’s take a look at two plausible scenarios that could further impact the “green gold rush” and wipe value from some of weed aficionados’ favourite tickers.

The cannabis industry is expanding at a torrid clip. Investment bank Cowen expects global cannabis sales to grow to $75 billion by 2030, while Bank of America analysts believe the marijuana market could one day generate $166 billion in annual sales.

One marijuana company, Aurora Cannabis (NYSE:ACB), is particularly well positioned to capture a substantial portion of the industry's profits in the coming decade. Read on to learn more about it.

There are rising fears that the hype surrounding cannabis stocks has abruptly ended and the bubble is about to burst. While a reckoning is looming for an industry in which many companies sport nosebleed valuations, it is undeniable that legal marijuana is here to stay.

The latest cannabis stock sell-off has created several bargain basement investments with the potential to soar and deliver outsized returns. Here are two marijuana stocks trading at less than $5 at writing that should be on every cannabis investors radar.

The marijuana industry presents an interesting dilemma for investors.

On one hand, cannabis is expected to be among the fastest growing industries in the world over the next decade, which is a big reason behind the huge rally in marijuana stocks over the past three-plus years. Depending on your preferred source, legal weed sales could tally anywhere from $50 billion to $200 billion in about a decade's time.