Though the bulk of cannabis stock-mania to date has focused on Canopy Growth (NYSE: CGC ), Tilray (NASDAQ: TLRY ), Aurora Cannabis (NYSE: ACB ) and Cronos Group(NASDAQ: CRON ),arguably the most compelling pick in the bunch, Hexo (NYSEAMERICAN: HEXO ),  has been habitually overlooked.

A newcomer to pot stocks could be forgiven for thinking that this isn’t the right climate for risky assets, with cannabis feeling the pinch leading into the first week of June. Overall, May was a bad month for marijuana stocks in general, with the Horizons Marijuana Life Sciences ETF dumping in excess of 13% of its value, while most cannabis stocks saw percentage losses in the double digits.

Western University researchers are trying to set the record straight about how marijuana may affect fertility, rounding up the latest research findings in a podcast episode and article for the Canadian Medical Association Journal.

“The general public’s knowledge about the effects of marijuana on fertility is limited.

This is equally true of health care providers’ knowledge,” said Sara Ilnitsky, a reproductive endocrinology and infertility fellow at Western’s Schulich school of medicine and dentistry.

She also practises at London Health Sciences Centre’s fertility clinic.

What happened

Shares of Tilray (NASDAQ:TLRY) tumbled nearly 26% last month, according to data from S&P Global Market Intelligence, following the cannabis company's first-quarter results.

So what

Tilray's revenue surged 195% to $23 million. Management credited the gains to the legalization of adult-use recreational marijuana in Canada, Tilray's acquisition of hemp-based food producer Manitoba Harvest, and the growth of the international medical cannabis market. 

When he decided to take up farming part-time six years ago, Roy Renneberg (Welder ’90) did a very Alberta thing and planted hay.

Still employed in the construction industry, the native of Cudworth, Sask. grew up on a farm and hay seemed like a comfortable choice. But when Ottawa announced plans to legalize cannabis and update rules around industrial hemp, its non-stoner sister plant, a seed of inspiration was planted.

Hemp was an unknown, but after doing some research Renneberg was intrigued with the prospect of a crop that could produce revenue from every part of the plant – seeds, flowers, leaves and stalks.

“I thought, this could get very interesting and that’s where we went with it,” he says.

Marijuana stocks have pulled back sharply in recent weeks, as concerns over their ability to post profitable earnings and their sky-high valuations grow. It is easy to understand these fears with many such as Cronos Group (TSX:CRON)(NASDAQ:CRON) having made massive gains over the last year.

When edible cannabis products are legalized by the federal government this October, the Ontario Cannabis Store (OCS) will be ready.

The government-run online-only pot shop issued a call for new cannabis products on Monday, including edibles, beverages, topicals and extracts.

The OCS, which also acts as the sole distributor of legal marijuana to licensed retailers, says that while it will take some time for producers to get the necessary approvals from Health Canada it’s looking to “kick-start” the rollout.

“This product call marks an important milestone in securing a broad variety of cannabis products that meet the preferences of Ontario consumers,” said Patrick Ford, President and Chief Executive Officer of the Ontario Cannabis Store.

It is beneficial to look at a Company’s adjusted operating income to help determine the profitability of the Company.

This measure helps show the amount of profit the company can generate from operations. The higher the adjusted operating income, the more likely the company is, or will be, profitable. Today we have identified four Canadian cannabis stocks that have displayed high adjusted operating income.

In another big week for cannabis, a committee of the Delaware House of Representatives passed a bill to legalize recreational marijuana; Democratic presidential candidate Sen. Kirsten Gillibrandunveiled a cannabis legalization plan that includes expungement and social equity measures; and South Africa got its first CBD store. New York Gov. Andrew Cuomo said he doesn’t think there are enough votes in the state Senate to push recreational cannabis legalization forward.

Construction is underway on a $2-million cannabis oil extraction facility in the Elgin Innovation Centre (EIC), located in the former Imperial Tobacco plant on John Street in Aylmer.

Motif will occupy a 2,000-square-metre space that will employ up to 50 workers when it’s operational in the fall, say the company’s founders.

Motif will be the 25th business to set up shop in the 93,000-square-metre complex left vacant after Imperial Tobacco moved out in 2008.

Company co-founders Mario Naric, a former engineer with Imperial Oil, and Ian Haase, the former director of student entrepreneurship at Western University, explored a handful of locations in London before finding the perfect fit in the Elgin Innovation Centre.