Cannabis stocks, already bolstered by wins in the midterm elections, got an added boost when anti-pot Attorney General Jeff Sessions announced his resignation Wednesday afternoon.

Exchange-traded funds that track marijuana stocks, including the Horizons Marijuana Life Sciences Index ETF in Toronto and the U.S.-listed ETFMG Alternative Harvest ETF, jumped to fresh highs on the news, gaining as much as 9.1 percent and 7.9 percent, respectively.

Tilray Inc. posted the biggest increase, climbing as much as 34 percent -- the most since Sept. 19, when the stock almost doubled before giving back most of the gains in a wild ride for investors. Other cannabis-related stocks in both the U.S. and Canada also advanced.

The cannabis sector as a whole is currently in the midst of a boom with the recent positive news of full legalization in Canada, but the medicinal sector of the market is also doing exceptionally well as companies develop new products leveraging CBD. The healthcare market has seen an uptick in consumers searching for alternative medicines, and cannabis has positioned itself very well to take advantage of this new demand. Leaders in the industry are expanding their market reach with new products and effective marketing campaigns in various states where medicinal cannabis is legal. Additionally, the loophole of CBD's ambiguity when it comes to legality has allowed companies to tap into markets where Cannabis is otherwise unavailable.

With its youthful vibe and eclectic mix of culture, a small Massachusetts city seems a logical site for the nation's first legal recreational marijuana sales east of Colorado.

An existing medical marijuana dispensary in Northampton -- nestled in Massachusetts' scenic Pioneer Valley -- plans to open its doors within days to anyone 21 or older looking for products ranging from pre-rolled joints to cannabis-infused edibles, creams, lotions and cooking oils. A second store in the small town of Leicester could also open at or around the same time, while dozens of other retail applicants await final licensing approval from state regulators.

By now, we should all know that driving a motor vehicle with cannabis in your body could result in harsh legal penalties. But what about driving with cannabis in your car?

Now that cannabis is legal, adults are able to carry up to 30 grams of cannabis or its equivalent in public places. However, when it comes to your motor vehicle, there are a number of restrictions about how that should be done in order to properly comply with the law.

Canada stood at the center stage of investors' attention for months during the lead-up to the country's legalization of recreational marijuana in October. But now there are two emerging opportunities that could be much more significant over the long run.

Second Cup Ltd. has identified more than 20 Ontario locations that it hopes to convert into pot shops as the coffee chain undergoes a strategic review, according to its chief executive officer.

Through a joint venture with National Access Cannabis Corp., Second Cup is already planning to convert two of its Alberta locations into cannabis stores and hopes to open several more in Ontario, where the government will start accepting applications in December. For now, marijuana sales in Canada’s most-populous province are limited to a government-run website, with the first stores expected to open in April.

Today we have identified three Canada-listed cannabis stocks that recently made acquisitions that were funded by equity issuance and that consequently led to existing shareholder dilution. Although existing shareholders own a smaller percentage of the company after the dilution, in the long run they may actually benefit if the funds are deployed efficiently. If the funds are used to conduct M&A activity, for example, the acquired company may provide an earnings boost and create value for the parent company, in which case the issuance of equity was in the best interest of shareholders. All metrics reflect closing prices as at November 5, 2018.

Canada is running low on legal pot three weeks after the government approved the use of recreational marijuana, a shortage that is sending some frustrated consumers back to the black market, writes Dan Bilefsky.

At least three provinces — Ontario, Quebec and New Brunswick — are facing a dearth of legal marijuana and two of them have seen outlets selling cannabis temporarily shut down for lack of supply.

Canopy Growth (TSX:WEED)(NYSE:CGC) is up more than 20% over the past week, and investors are wondering if this is the start of an extended rally to new highs or simply a bounce ahead of more downside.

Let’s take a look at the current situation to see if Canopy Growth deserves to be on your pot stock buy list today.

Canada Post is admitting to a privacy breach involving thousands of Ontario's online cannabis customers.

The postal service says someone used its delivery tracking tool to gain access to personal information of 4,500 customers.

Canada Post did not say what information was compromised.

However, the Ontario Cannabis Store says the information includes postal codes, dates of delivery of cannabis and who signed for the package.

"Upon learning of this incident, the OCS immediately engaged the Office of the Information and Privacy Commissioner (IPC) of Ontario," the OCS said in a statement.

According to said statement, no other details were accessed, and the OCS website was not impacted.