Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Thu
06
Jun

2 Canadian pot stocks uplisted to the Nasdaq: Which is a better buy?

When comparing these two companies, the first thing to point out is that Organigram has much lower costs and higher production rates than Flowr. Organigram utilizes a three-tiered indoor grow system that enables the company to post industry-leading adjusted gross margins and the lowest cultivation costs in the country.

Organigram not only leads all Canadian cannabis producers with the lowest production costs, but it also recently received organic certification from Health Canada. This makes the company one of the largest producers of organic cannabis in Canada with an expected 113,000 kg of annual capacity by the end of 2019.

Wed
05
Jun

48North Cannabis Corp set to open one of world’s largest outdoor growing op

Under-the-radar 48North Cannabis Corp(OTCMKTS:NCNNF, CVE:NRTH) is a story about opportunity. NCNNF stock has made strong gains over the last 52 weeks, climbing 133%. 48North Cannabis stock is also up 52% year-to-date, around $0.66.

However, those gains are just the beginning. The Toronto, Canada-based company recently announced that it was approved to open one of the world’s largest legal outdoor cannabis operation, poised to produce over 88,200 pounds.

Virtually overnight, 48North expanded its annual expected capacity from 11,025 pounds to over 99,200 pounds. And better still, the outdoor-grown weed is expected to be the lowest cost per gram in Canada.

Wed
05
Jun

Cannabis Canada Daily: What lessons can Colorado teach Canada about legalization?

Former Colorado revenue head discusses lessons from being one of the first markets to legalize cannabis 

Wed
05
Jun

Weed CEO backtracks after repeating claim about fentanyl-laced weed on Fox

Canopy Growth founder Bruce Linton is walking back comments he made on Fox Business Network in which he stated black market cannabis may be laced with the deadly opioid fentanyl—a claim that has been repeatedly debunked.

Linton, whose company is one of the largest legal weed producers in the world, made the statement while being interviewed about the push towards cannabis regulation in the U.S. by Fox Business host Stuart Varney last week.

Wed
05
Jun

Cannabis stocks surge toward first gain in 6 days

Cannabis stocks traded broadly higher Tuesday, as an upbeat industry research note helped provide a welcome reprieve from the string of losses resulting from concerns over regulatory scrutiny and general stock market weakness.

The ETFMG Alternative Harvest exchange-traded fund MJ, +4.98%  ran up 3.3% in afternoon trade, with 31 of 36 components trading higher. That puts the ETF on track to snap a five-session losing streak in which it tumbled 10% to close Monday at a five-month low.

Wed
05
Jun

Down 80%, can the “Amazon of Cannabis” stock ever recover from here?

Investors in troubled e-commerce retailer of medical cannabis and accessories Namaste Technologies (TSXV:N) finally managed to have a glance at the company’s fiscal 2018 results aftermarket on Friday, May 31, a solid two months later than initially required. Then the stock tanked 18% on Monday to trade 80% lower than the 52-week highs seen in September last year.

Wed
05
Jun

Next round of pot store openings coming soon, says Fedeli

You will soon know whether a pot store is coming to a town near you. 

Nipissing MPP Vic Fedeli told North Bay's CKAT that the government will be announcing details in the near future on where the next round of cannabis stores will be located.

He says the government took a "measured approach" at first by going online only, but now has 20 stores open.

"We're doing very well. We got our first reports on how they're progressing but the shortage of product is still the largest stumbling block."

He says low supplies of cannabis have been a big concern, and he places some of the blame on Ottawa.

Wed
05
Jun

Canadian cannabis demand shows promise for marijuana stocks

The Canadian marijuana market has changed quite drastically over the course of the past few years. In that time, we have seen legislation shift as well as a shift in the overall public opinion regarding the substance. Because demand for cannabis has been so high, it seems as though companies are fighting to produce large quantities of the substance.

Additionally, many businesses have joined into the ancillary market on marijuana, which has shown a large amount of promise as well. All in all, the future for cannabis continues to be bright due to a few select companies working hard to push forward the industry.

Wed
05
Jun

Cannabis tourism in Canada: The Nomad Cook

The third in the canada.com Cannabis Tourism in Canada series has me heading into the kitchen with chef Travis Petersen, head of Canadian cannabis brand The Nomad Cook, where nothing is half-baked.

Wed
05
Jun

4 Canadian pot stocks making the legal leap into the U.S. hemp market

The legal marijuana industry is budding before our eyes, and, rightly, Canada is getting a lot of attention. That's because Canada did something that no other industrialized country in the world has ever done before: It legalized recreational marijuana in mid-October 2018. As the first developed country to green-light adult-use sales, Wall Street expects sales to easily top $5 billion a year by 2022.

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