Cannabis

Global spending on legal cannabis is expected to grow 230% to $31.3% billion in 2022 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. The research projects a majority of that, nearly $23.4 billion will come from the United States. In context of more states voting in favor of marijuana use legalization and business interest sparking across the board, that definitely would make sense.

In the year through January 11, 2019, the United States Marijuana Index, fell 20.7%, as compared to about 6.5% loss seen by the S&P 500. Given that is not exactly an apples to apples comparison, but it does make a case to at least investigate investments in marijuana stocks. (May 6, 2019, Mrinalini Krishna, Investopedia)

The international cannabis trade is five to seven years from taking off.  Standing in the way of full take off is a string of bureaucracy as well as stringent regulations around the world.  The presence of three international treaties that prohibit the movement of cannabis for recreational purposes is...
The cannabis industry is going mainstream thanks to an influx of investments. Recreational use legalization in Canada and some states in the U.S is a key development that continues to trigger cannabis marketplace expansion. With legalization rolling across North America and in other places around the world, cannabis is...
Recreational use legalization in Canada opened up the cannabis sector, giving rise to vast opportunities that companies and individuals are leveraging. The sector is poised to receive yet another boost, barely a year after the 2018 breakthrough. Aurora Cannabis Inc. (NYSE:ACB), Canopy Growth Corp (NYSE:CGC), and Hexo Corp (NYSE:HEXO)...
Canada is still the reigning champion of cannabis in the industrialized world. In late 2018, the country legalized adult-use of marijuana in a bid to create revenue streams but, more importantly, to do away with the flourishing black market. Therefore, it comes as a surprise when Statistics Canada data...
Choom’s Undervalued Stock Choom Holdings Inc (CSE:CHOO) (OTCMKTS:CHOOF) struggles to move past the $0.56 resistance mark amidst intensified strategic investments made by the company aimed at driving up sales. The company’s stock is currently priced at $0.38, merely 10 cents above its 52-week low. Choom’s stock took a massive hit...
The global cannabis industry has enjoyed massive growth over the past three or four years, which was mainly driven by the legalization agenda in many regions, especially the major markets such as Canada and the United States. Growth drivers Countries like Canada have already legalized cannabis for both medical and recreational...
A recent study conducted by Statistics Canada revealed that more than 500,000 Canadians consume cannabis right before and after work hours and some of them even do so while at work. The statistics are not surprising especially since cannabis is now legal for medicinal and recreational use in Canada. However,...
A positive and friendly regulatory framework is some of the catalysts fuelling the burgeoning North America cannabis sector. In the U.S, a number of States have legalized cannabis for either medicinal or recreational use or both. Canada, on the other hand, became the first nation, among the...
Next Green Wave Immediately Enters Major Global Brand and Product Distribution Channels Vancouver, British Columbia--(Newsfile Corp. - March 12, 2019) - Next Green Wave Holdings Inc. (CSE: NGW) (OTCQB: NXGWF)("Next Green Wave" or the "Company"), is pleased to announce that it, together with its US subsidiary Crossgate Capital US Holdings Corp. have...
Aurora Cannabis secures right to increase ownership to 40% of Choom Holdings, Inc. (CSE: CHOO | OTCQB:CHOOF) at $2.75 per common share. Highlights Canadian cannabis retailers are inheriting the $5.7 CAD billion of demand left behind by the black market this is expected to grow to $9.2 CAD billion by 2025 The winners...