Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Mon
15
Apr

1 key area where Aurora Cannabis is beating Canopy Growth, Cronos Group, and Tilray

What's the best-performing big Canadian marijuana stock so far in 2019, with "big" defined as having a market cap of $3 billion or more? It's not Canopy Growth (NYSE:CGC). Nor is it Cronos Group(NASDAQ:CRON). Scratch Tilray (NASDAQ:TLRY) off the list, too. The biggest year-to-date winner in terms of stock performance is Aurora Cannabis (NYSE:ACB).

Mon
15
Apr

Pot sales expected to double on special day: Cannabis weekly

Cannabis retailers should prepare themselves for a minimum doubling of sales on April 20, the stoner’s Fourth of July, according to new data.

The origins of 4/20 are obscure, but the most common story is about a group of 1970s high-school students who’d meet outside their school at 4:20 p.m. to search for a legendary abandoned marijuana crop (which, needless to say, they never found). Whatever its source, 4/20 has become the busiest cannabis sales day of the year, according to data provider Headset Inc.

Mon
15
Apr

Looking to buy Organigram Holdings? 5 things you should know first

You won't find many marijuana stocks hotter than Organigram Holdings (NASDAQOTH:OGRMF) is right now. Actually, among Canadian marijuana stocks, you'll only find one. Organigram ranks as the No. 2 best-performing Canadian marijuana stock of the year so far. 

With the stock close to doubling year to date, it's no wonder more investors are starting to pay attention to Organigram. If you're in that group, here are five things you should know about Organigram before buying the stock.

Mon
15
Apr

Beleave will hire up to 240 workers for London pot production facility, exec says

Beleave bought the former Heritage Garden Gallery greenhouse in September, paying $6.7 million for the 34-hectare property at 6867 Wellington Rd. South.

City hall issued a building permit to the company earlier this month to begin renovations on the 23,000-square-metre greenhouse, Beleave said.

The company will spend $30 million on the operation, where up to 240 employees will eventually work, chief executive Bill Panagiotakopoulos said.

“The whole project should last throughout the year,” he said of the construction’s anticipated completion.

Mon
15
Apr

3 popular stocks I would buy again and again

A lot of writers out there like to hate on popular stocks. And for part of it, I can see why. If you’ve missed the boat on a popular stock, you absolutely want to be the one to find the next one that is about to soar. But some of those popular stocks are popular for a reason: they’re profitable. No matter how much you want to find a new stock to buy, there are a few that will just continue to pour cash into your pockets.

Fri
12
Apr

Albertans appear willing to pay more for cannabis, now that it's legal

Albertans appear willing to pay more for marijuana, now that it's legal.

Data from Statistics Canada suggests this province saw one of the steepest increases in the average price of pot, post-legalization, when you include both legal purchases and those on the black market.

Prior to legalization, Albertans were paying about $7.30 per gram for marijuana. That was about 6.6 per cent more than the national average.

After legalization, the average price for pot in this province — both legal and illegal — jumped to $9.07 per gram. That's 12.8 per cent above the national average price.

In British Columbia, by contrast, average prices barely changed with legalization, growing just slightly to $7.15, up from $6.89.

Fri
12
Apr

Here’s why the B.C. Lions are the most weed-friendly sports team in Vancouver

Cannabis is forbidden to players in most professional and collegiate sports leagues despite an increasing number of jurisdictions across North America legalizing the plant for recreational use.

While most leagues have yet to change policies to enable players to use cannabis, the Canadian Football League (CFL) is the exception, and it is the most accepting of cannabis of the sports leagues that have Vancouver teams.

In a statement to Business in Vancouver, the CFL noted its drug-testing policy for players “has never included testing for marijuana or other recreational drugs.” Instead, the league said, “it focuses on performance–enhancing drugs. That will continue to be the case.”

Fri
12
Apr

Cannabis suppositories: Are they what you think?

Period cramps got you down?

Are the usual over-the-counter medications doing nothing to help ease discomfort and pain? Is popping pain relievers like candy part of a regular, unwelcome routine meant to—please, please, please—deliver you from a foetal to upright position: Maybe cannabis suppositories offer a glimmer of hope.

If so, the option may prove attractive to both women and their doctors, some who are already prescribing a combination of CBD—known to have anti-inflammatory properties—and THC to ease menstrual pain.

Fri
12
Apr

Cost of cannabis up in Canada, NWT since legalization: Stat Can

The price of cannabis in the Northwest Territories and across Canada has risen since legalization says Statistics Canada.

A Stat Can report states the average price of legal and illegal cannabis has risen from $6.85/gram to to $8.05/gram after legalization.

In the Northwest Territories, a gram of cannabis cost an average $12.71 before legalization. Consumers are now paying $14.45/gram. This is a close to $2 – over 13 per cent – increase.

The NWT has the highest price of cannabis after legalization across the country, however, there is no post-legalization price for Nunavut as no answers were submitted. Nunavut had the highest pre-legalization average price of $15.24/gram.

Fri
12
Apr

Provinces scale back cannabis-related revenue estimates amid sluggish start

It appears that the boon legalizing cannabis would generate for Canadian government coffers isn't as high as once thought. 

Thanks to a myriad of factors including limited supply and a shortage of physical retailers, several provinces are dialing back revenue projections on how much revenue legal cannabis was supposed to bring in. 

On Thursday, Ontario slashed the revenue it would receive in its share of excise taxes from the federal government in the current fiscal year in half, to $17 million from last year's forecast. In fiscal 2019-2020, Ontario now expects to generate $80 million in cannabis-related revenue, down from $115 million it projected with its budget last year. 

Pages

Subscribe to RSS - Canada