Canada

Synonyms: 
canadian
canuck
ontario
newfoundland
PEI
nova scotia
new brunswick
quebec
manitoba
sasketchewan
alberta
BC
Thu
31
Jan

Canopy Growth (CGC)-backed marijuana company lists on Canadian stock exchange, valued at $480 million

Slang Worldwide Inc. listed on the Canadian Securities Exchange Tuesday and investors valued the Canopy Growth Corp. CGC, +3.57% WEED, +2.69% -backed cannabis branding and distribution business at C$645 million ($480 million). Slang listed at C$1.50 and closed up 33% at C$1.99 Tuesday, according to CSE data.

Thu
31
Jan

Why you should buy Tilray (NASDAQ:TLRY) stock and forget about it

Investing in marijuana stocks continues to remain a highly volatile trade. After the investment boom that preceded the Canadian legalization of the commodity for recreational use, many pot stocks are trading much lower than their peak last year.

The British Columbia-based medical marijuana company, Tilray  Inc. (NASDAQ:TLRY), is certainly one of them. After reaching $300 a share in the middle of that hype and speculation, Tilray stock is now trading around $80 a share.

Thu
31
Jan

Cannabis growth continues to drive technology innovation for EnviroTechnologies International, Canopy Rivers, Aphria and WeedMD

 Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot focusing on how the cannabis industry continues to force technology innovation as it faces new challenges with the sector’s continuing rapid growth.

The cannabis industry has begun to fully affect the beverage, food, medical and pharmaceutical industries but one area cannabis has helped drive forward from inception has been the tech industry. Due to the complexity of the cannabis plant as well as the strict regulations surrounding it, technological innovations have been a “must have” for any cannabis company that hopes to expand and grow.

Thu
31
Jan

Will the Canadian medical cannabis market survive?

Quarterly earnings results covering the post-recreational-marijuana-legalization period in Canada will flood the media in February, allowing the market to assess the performance of the industry players and to somehow refine expectations for the local cannabis market and the seemingly weakening medical cannabis segment.

High revenue-growth rates are backed into anything marijuana related today, as the nascent adult-use market is expected to catapult revenues and earnings for the pot industry going forward, but lower wholesale prices and excise taxes are hurting margins, yet the medical cannabis segment affords licensed producers (LPs) the opportunity to capture the full retail margins through direct sales to clients.

Thu
31
Jan

Is Canopy Growth Corp (TSX:WEED) about to be dethroned?

It’s an exciting time for the cannabis industry. After sustaining heavy losses in the second half of last year, marijuana stocks are back and kicking, with Canopy Growth Corp (TSX:WEED)(NYSE:CGC) having gained 63% in the first 25 days of January.

Thu
31
Jan

Are pot suppliers playing favourites? This doomed Clarenville retailer says they are

An independent cannabis retailer in Clarenville is closing shop after accusing suppliers of giving first dibs to larger corporate stores, along with a slew of other supply issues.

The manager of Puff Puff Pass Head Shop, one of six independent marijuana retailers in Newfoundland and Labrador, said it's impossible to compete in a market for an under-supplied product — especially when that product is being offered to corporate suppliers first.

"From our personal experience here, I know that at least two of the licensed producers have made special deals with the larger corporate sites," said manager Tina Greening.

"Right now, I have virtually nothing in stock … The Esso store here in my town got an entire shipment of product when I had nothing."

Thu
31
Jan

This silly fight is pitting marijuana stocks against each other

Marijuana investing is back in the spotlight in 2019, with many major marijuana-production stocks seeing nice bounces after a tough showing last year. As interest in cannabis has grown, more and more companies have sought to profit from the craze, and that has led to companies making efforts to get their shares listed on public markets both on exchanges in Canada, as well as on major stock markets in the U.S. like the NYSE and Nasdaq.

Thu
31
Jan

Is going global the wrong move for cannabis stocks?

Many Canadian pot stocks have been fighting for positioning across the globe in the hopes of securing first-mover advantages in key countries. However, I’m not sure that is the correct strategy with so many opportunities in North America alone.

While pot sales totaled $54 million in November, in what was the first full month of recreational pot being legalized in Canada, supply issues have continued to plague the country. Sales weren’t all that impressive given how strong the numbers were in October with just two weeks of sales totaling $43 million. It’s therefore no surprise that a province like Prince Edward Island was able to claim the highest per capita sales in November, especially since Ontario and B.C. are nowhere near running at full capacity.

Thu
31
Jan

Cannabis Canada Daily: Pot czar says sales of edibles may not be ready for October

Canada’s pot czar says cannabis supply sufficient despite retail issues

Thu
31
Jan

High Hampton Holdings Corp reports the first quarter 2019 financial results

High Hampton Holdings Corp. (CSE: HC) (FSE: OCHN) ("the "Company") today announced that it has filed its Consolidated Unaudited Financial Statements for the quarter ended November 30, 2018. The Consolidated Financial Statements and Management Discussion and Analysis are available on SEDAR at www.sedar.com.

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