Canopy Growth Corp. (TSE:CGC), Organigram Holdings Inc. (CVE:OGI), and Supreme Pharmaceuticals Inc. (CNXS:SL) have all topped up their war chests this week with bought deal financings that put each of them in the rarified space among emerging public companies where they are able to attract seemingly endless amounts of capital at stout valuations with minimal dilution. Between the three companies the total amount of capital committed is $155 million.

The wild ride of marijuana stock continues, now with some analysts claiming marijuana stocks are overvalued and headed for a bubble.

With the drug slated to be legalized in Canada in 2017, investors are rolling in, their engines sparked, hoping to take advantage of what some predict to be a multi-billion-dollar industry with 3.8 million recreational marijuana users in Canada by 2021. Factor in that the U.S. cannabis market is projected to rise from $6.0 billion in legal states in 2015 to $50.0 billion in 2026 according to data from Cowen & Co, and you have a lot of zeroes luring investors into marijuana stocks.

But for others, they’re worried that it could all just be smoke.

Selling pot at the liquor store isn't sparking up overwhelming public support, according to stats released in a new poll.

The Forum Research survey provided exclusively to the Toronto Sun found that more than a third of Ontarians (36%) think pharmacies are the best place to sell recreational pot, not the Liqour Control Board of Ontario (LCBO) as Premier Kathleen Wynne has suggested. The survey says that specialized marijuana dispensaries rank second with 26% support while selling pot at the LCBO ranked lower with 16% support.

Proportion of respondents who got behind the wheel after using cannabis also up, says CAMH report.

With Ottawa poised to legalize recreational marijuana next year, researchers are keeping a close eye on use of the so-called demon weed, which has been steadily trending upward over the last couple of decades.

In Ontario, for instance, a survey released Wednesday by the Centre for Addiction and Mental Health (CAMH) found that year cannabis use virtually doubled between 1996 and 2015, rising from about eight per cent to almost 15 per cent of respondents.

Significant increases were found among all age groups, but especially among 18- to 29-year-olds, with the proportion of pot smokers jumping from about 18 per cent in 1996 to 38 per cent in 2015.

B.C. mom Scarlett Ballantyne wonders if Ottawa's plans to legalize marijuana will make her 14- and 16-year-old daughters more inclined to try it. But she's not waiting to find out.

Ballantyne says her family has been discussing the dangers of drug use since the girls were 13 -- a pre-emptive strike as pot shops and marijuana headlines have been popping up everywhere they turn.

She's proud to say they are athletic, self-confident kids, but she also gets the impression that their generation sees marijuana as "not that big of a deal."

"As parents, it's just (about) stressing to them that it is a big deal," she says from her home in White Rock, south of Vancouver.

The country with the biggest weed habit? That might surprise you.

A new report claims the UK government should legalise marijuana because it's “the only solution to crime and addiction problems”.

The strongly-worded study - titled The Tide Effect: How the World is Changing its Mind on Cannabis - was produced by the nonpartisan Adam Smith Institute and has the backing of several cross-party MPs including former deputy prime minister, Nick Clegg.

Recreational marijuana users who worked hard to elect Prime Minister Justin Trudeau now feel “cheated” by his support of a police crackdown on storefront dispensaries, a cannabis industry spokesperson says.

Abi Roach, a director with the Cannabis Friendly Business Association, said marijuana consumers helped the federal Liberals gain a majority government based on an expectation that he would allow small businesses to sell weed legally to recreational users.

Trudeau has promised to introduce legislation designed to legalize pot in the spring.

The crackdown that has occurred under Trudeau has been stricter than under any previous government, including that of former Conservative prime minister Stephen Harper, she said.

Phil Fontaine, the former national chief of the Assembly of First Nations, has teamed up with one of the first licensed cannabis growers to bring medical marijuana to First Nations.

Indigenous Roots is a joint venture between Mr. Fontaine and Cronos Group, which operates the Peace Naturals Project in Ontario and The Zone Produce Ltd. in British Columbia.

It would work co-operatively with First Nations to supply people living on and off reserves with the drug.

In a news release issued Tuesday morning, the partners say the idea is to allow First Nations to invest, operate, and participate in the economic opportunities related to the emerging cannabis industry.

Some Canadian flower growers are turning to weed, with the country's plan to legalize marijuana for recreational use expected to spur a spike in legal sales of the drug.

While medical marijuana is already legal in Canada, the Liberal government said in April it will introduce a law in 2017 to support expanded legalization, a policy already backed by several U.S. states.

Canadian legal marijuana sales may climb to C$4.6 billion ($3.44 billion) by 2019 from just C$125 million, according to PI Financial.

The potential demand spurred Jeannette VanderMarel and Scott Skinner, experienced in growing lavender, to plant their first marijuana crop in September.

Justin Trudeau isn’t legalizing marijuana to please the people who smoke it.

“People are right now breaking the law,” the prime minister told the Toronto Star’s editorial board on Friday. He called the recent flood of new storefront dispensaries in cities like Toronto, “frustrating.”

Prime Minister Justin Trudeau speaks at a conference for elementary school teachers in Toronto on Friday.