With the upcoming legalization of edibles containing cannabis this October, Canadian claims adjusters may see more indirect injury loss and damage claims, suggests a lawyer with Field Law in Calgary.

Compared to regular smoked marijuana, edibles have a more delayed and prolonged reaction, meaning the ability to predict impairment will create an additional challenge for adjusters.

Issues Central, Inc.today announced a web seminar for Thursday, February 21, 2019 for the Cannabis Sector entitled “Can Your Company Withstand a Challenge to Its Disclosures and Certifications?” These seminars are targeted at Directors, CEOs, CFOs and Senior Officers of Cannabis-related entities that are listed, or are planning to go public, on Canadian and U.S. stock exchanges.

The marijuana industry, and once again marijuana stocks, are blazing hot. Following the end to nine decades of recreational marijuana prohibition in Canada this past October, the red carpet has been rolled out for what's now a legitimate business model. Sales in Canada could easily top $5 billion annually by the early part of the next decade, with global sales expected to more than double from $12.8 billion in 2018 to $31.3 billion by 2022, according to a report from Arcview Market Research and BDS Analytics.

For only a year or so now, we have seen the entrance of large U.S. stock exchanges into the marijuana industry. This has been one of the largest updates to the market in recent times as it has allowed for a large amount of capital infusion into the market. In addition to this, it has also helped to bring a lot of much-needed attention to the industry as it is still very much in its infant stages.

Marijuana-based stocks are all the rage in the market now. They have even managed to hog the limelight from heavyweight gaming stocks fresh out of the holiday season.

But with so many new ones cropping up, what would you pick to invest smartly? The choice is up to you, but we hope this helps you make an informed choice.

Tilray (TLRY)

When we say pot stocks, Canadian cannabis giant Tilray (TLRY) comes to mind first. With it scheduled to post fourth-quarter earnings within the next week, the Street expects it to report a $0.17 loss per share on revenue of $17.32 million. Everyone will be looking at robust growth in the top-line for the quarter. In the previously reporter Q3, revenue has soared 86% year-over-year.

Many countries have legalized cannabis on some level, however, regulations regarding actually growing the plant are still largely enforced. These regulations are in turn causing shortages within many countries, which has prompted them to search for third-party cultivators and distributors elsewhere. Now, as a result, cultivators are beginning to lock in licenses and agreements to export cannabis internationally. The demand is mainly stemming from medical cannabis, however, regions like Canada are signing agreements for recreational cannabis imports as well. According to Verified Market Intelligence, the global cannabis market was valued at USD 42.2 Billion in 2017.

Cannabis stocks were mostly lower on Thursday, with investors digesting the latest legislative moves to help develop the sector and awaiting afternoon earnings from Canopy Growth Corp., the company with a $4 billion investment from the maker of Corona beer.

A congressional hearing on banking for cannabis companies on Wednesday heard arguments from bank executives and legislators in favor of access to banks for the legal industry to reduce crime risk and other challenges that are stymieing its progress.

Aurora Cannabis Inc. reports it has completed its first commercial export of cannabis oil to the United Kingdom and the product has been successfully dispensed from a pharmacy. “Authorities there recently granted the company approval for its first shipment of medical cannabis into the U.K. from Canada under its new legal framework that came into effect on Nov. 1, 2018,” notes a press release from Edmonton-headquartered Aurora, which has a funded capacity in excess of 500,000 kg a year and sales and operations in 22 countries across five continents.

After being beaten down in the final quarter of 2018, pot stocks staged a nice comeback at the start of this year on the renewed appeal for riskier assets.

Notably, these stocks recorded their third consecutive week of gains, the longest winning streak since August.  ETFMG Alternative Harvest ETF MJ - the first and only pure ETF targeting the cannabis/marijuana industry - has climbed almost 38% so far this year (read:  Best & Worst Performing ETFs to Start 2019 ).

Nova Scotia is considering expanding the number of retail cannabis stores, as online sales have been slower than expected.

Finance Minister Karen Casey said Thursday that online pot sales were expected to account for about 10 per cent or more of total sales, but are only in the range of six per cent.

Casey said that's why the province has asked the Nova Scotia Liquor Corp. to look at adding to its 12 retail locations currently selling cannabis. She said an expansion would also address geographical gaps in the province.