Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Tue
19
Mar

8 per cent of Six Nations cannabis sales have to go back to the community: new law

Six Nations has set a new cannabis law saying eight per cent of sales have to go to community projects. The territory's elected council passed a law Feb. 25 saying permit holders who produce, process, distribute or sell marijuana have to contribute to the community.

Eight per cent of gross cannabis sales at the end of the month will go to the elected council, says the new law.

Council will use that money to help with roads, parks, post-secondary education, the swimming pool or bowling alley, or other projects that help youth or elders.

Tue
19
Mar

Harvest One to supply medical cannabis to Shoppers Drug Mart

Harvest One Cannabis Inc (CVE:HVT) (OTCMKTS:HRVOF) struck an agreement Monday to be a medical cannabis supplier to Shoppers Drug Mart through its wholly-owned subsidiary and cultivation arm United Greeneries Ltd.

Tue
19
Mar

3 marijuana stocks that beat Canopy Growth Corp (TSX:WEED) to profitability

In Q3, Canopy Growth Corp  (TSX:WEED)(NYSE:CGC) hit a major milestone by achieving $74 million in net income. Although it was not the company’s first profitable quarter, it was the first time it achieved profits that were high as a percentage of revenue. The quarter was seen as a watershed moment for the company, cementing its status as the king of the cannabis castle.

Canopy’s Q3 earnings showcased a business moving closer and closer to consistent profits. Although the company posted an operating loss in the quarter, the loss was down from the prior quarter, indicating that Canopy is inching toward both net and operating profitability.

Mon
18
Mar

Edibles legalization fraught with hurdles, lack of clarity, companies say

From the classic pot brownie to cannabis-infused cotton candy, there is no shortage of options for edibles at an illicit dispensary in downtown Toronto.

Among the people lining up to browse and buy, one 34-year-old IT worker chooses gummy bears for what he says is his first-ever edibles purchase. The Toronto man, who did not want to be named, said he preferred edibles over smoking cannabis because he can avoid the pungent smell and partake indoors.

"These are more convenient," he said, adding that among his friends who are cannabis users, half of them say edibles are their form of choice even though they aren't legal in Canada yet.

Mon
18
Mar

Village Farms CEO talks marijuana production cost and capacity, and more

Village Farms International (NASDAQ:VFF), a Canada-based greenhouse grower of produce that entered the cannabis space in 2017, reported its fourth-quarter and full-year 2018 results on Wednesday. 

Mon
18
Mar

CBD oil products promise miracle cures. But does science support the hype?

In order to survive wearing high heels at the Oscars this year, Melissa McCarthy put a dab of CBD oil between her toes. Both US Magazine and Women’s Health called the move “genius!

Mon
18
Mar

Looking to buy HEXO? Here are 5 things you should know about the marijuana stock first

HEXO Corp. (NYSEMKT:HEXO) took investors on a roller-coaster ride in 2018. The marijuana stock more than doubled by October, but gave up most of its gains to end the year up by only 5%. HEXO is off to a great start in 2019, though, with shares soaring 78% so far.

Despite its nice run in 2019, HEXO's market cap is still only a little over $1 billion -- well below the steep market caps of several of its peers. But if you're looking to buy HEXO, there are five things you should know about the marijuana stock first. 

Mon
18
Mar

Aurora Cannabis finally lands a partner... sort of

Although there are dozens of marijuana stocks for investors to choose from, none is arguably more polarizing than Aurora Cannabis (NYSE:ACB).

Aurora's growth-at-any-cost strategy has come with promise and peril. Although this is a company with a number of organic construction projects, including the completed 800,000-square-foot Aurora Sky build, and the ongoing buildout of Aurora Sun, a 1.2-million-square-foot complex in Medicine Hat, Alberta, Aurora has chosen to primarily grow via acquisition.

Mon
18
Mar

Talking to teens about toking: advice from a psychiatrist about post-legalization cannabis

Cannabis has been legal in Canada for nearly six months, but educators and parents still have plenty of questions about how to talk about toking with teens.

It's a topic that Dr. Muffy Greenaway, a child and adolescent psychiatrist, deals with all the time in her practice. Since legalization of marijuana last October, she's noticed a difference in the kinds of conversations surfacing.

"There is much more open discussion about cannabis both from the kids and the parents," said Greenaway, who's also a clinical instructor for the Department of Psychiatry at the University of British Columbia..

"I've also noticed that kids are using much more."

Mon
18
Mar

Better buy: Aphria vs. Canopy Growth

If you had a time machine, there's no question which stock you'd go back in time to buy with a choice between Aphria (NYSE:APHA) and Canopy Growth (NYSE:CGC). Aphria has delivered a lifetime return that would have multiplied your initial investment more than 13 times. But Canopy Growth's share price has soared even more.

I'm going to assume, though, that you don't have a time machine. Choosing between Aphria and Canopy Growth isn't as easy without the benefit of hindsight. Which of these top marijuana stocks is more likely to be the bigger winner in the future? Here's how Aphria and Canopy stack up against each other.

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