Tilray (NASDAQ: TLRY) stock has fallen over 47% in the year so far. In the mid-2018, the shares have started the downward trend as the question arose about the safety of cannabinoid that is found in marijuana for human consumption. This question still remained unanswered as the Federal Drug Administration recently cast its doubts about the risks of cannabis food products in its first public hearing.

TGOD stock is on the rise at present; shares are up 7.87% and selling for $2.75 USD on the OTCQX.

As a sector-wide bearish trend hit the cannabis market, The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF), along with many of its peers, declined significantly in the latter half of May.

In that period, TGOD stock lost approximately 20%.

In May, the Mile-High City proved it’s still leading the charge against prohibition, even in less-well-trodden, perhaps even taboo, spaces.

Though Denver’s vote to decriminalize the use of magic mushrooms for anyone 21 and over only passed by a hair, residents in one of the first canna-friendly cities south of the border no longer have to worry about serving jail time for owning or using psilocybin mushrooms. 

Canada’s legalization of pot edibles later this year is facing an even more shambolic start than the dried flower market, which is still struggling to meet demand, according to industry players.

“At least that time we knew what the permissible product types were going to be and were already making them in the medical context,” said cannabis lawyer Trina Fraser, a partner at Brazeau Seller Law in Ottawa.

Canada will add edibles, extracts and topicals to the list of legal cannabis products no later than Oct. 17. Many analysts agree these products will generate better demand and margins than dried flower. But the federal government has not yet issued regulations for the new formats, making it difficult for producers to prepare lest they unknowingly violate some rule.

Aurora Cannabis Inc. (TSX:ACB) (NYSE:ACB) is one of the Canadian cannabis stocks and is the second-largest Canadian cultivator by market cap. The Company has invested a significant amount of money into innovation and efficiency, which makes them attractive as an investment. In an article published on May 24, 2019, we discussed how Aurora Cannabis has a medical cannabis market edge.

Today, many marketers and retailers, seem to think that their brand(s) can become supercharged just by adding two words to their brand(s) name. More awareness. More sales. Significantly increased revenues! All they have to do is to add the following: "CBD infused (insert the brand name here)". Beer, alcohol, candy, foods, lotions… pet food! Recent market reports, however, back up this phenomenon. Recent predictions for the CBD infused products market have created much enthusiasm and the optimists not only see the glass as half full… but they see it as overflowing!

The past month has not been a great time for weed stocks. Following four months of solid gains, the sector as a whole shed about 11% of its value, following disappointing quarterly reports from several major growers.

For years, marijuana stocks have been growing earnings at a frightening pace, while also running massive net and operating losses. Now, however, some of the top companies in the industry have been trimming their expenses, resulting in an increasingly positive profit picture. The following are three such stocks that, if everything goes right, could be very profitable by the end of 2020.

Statistics Canada is in talks with provincial regulators to obtain up-to-date information from cannabis retailers that would provide highly accurate sales data for the legal marijuana sector.

James Tebrake, assistant chief statistician for economic statistics at Statistics Canada, told BNN Bloomberg on Wednesday that the statistics agency plans to obtain the level of granular data for the cannabis sector that it already receives for some food items when it compiles its monthly inflation figures.

Marijuana stocks have inspired a new generation of investors to look more closely at the stock market, and the budding industry has seen a lot of activity recently. In just the past year, the legalization of recreational marijuana across Canada has been a trigger point for explosive growth among some of the largest cannabis companies in the world. Ongoing efforts to make pot legal across the U.S. have also drawn attention to the industry, leading investors to try to identify those companies most likely to take full advantage of the coming opportunity in cannabis.

 WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company) a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce the launch of ColorTM Cannabis (“Color”). ColorCannabis products include a variety of strains, in multiple formats, developed with the same high-quality cannabis that consumers have come to expect from WeedMD.