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)

VANCOUVER, Nov. 26, 2019 /CNW/ - Harvest One Cannabis Inc. ("Harvest One" or the "Company") (TSX-V: HVT; OTCQX: HRVOF) today announced the release of its financial and operating results for the three months ended September 30, 2019, and an enhanced strategic plan focusing on the Company's core strengths of brand development and distribution, including the development and manufacturing of infused products for...
When Canada legalized recreational use marijuana last year there was a lot of fanfare regarding the potential of the industry. Although the legalization of marijuana saw the development of markets where there was none the rate of licensing of cannabis dispensaries has been sluggish. Most of the pot stocks...
Canopy Growth Now Has All "Cannabis 2.0" Related Licences Required for Vapes, Beverages, and Chocolates Now in Hand SMITHS FALLS, ON, Nov. 25, 2019 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED), (NYSE: CGC) is pleased to announce today that on November 22, 2019, it received its operating and secure storage...
Cannabis 1.0 is chugging along In October 2018, an excited nation began using cannabis for recreational purposes without fear or incarceration and public ridicule. So far, all is well. According to Matt Bottomley, an analyst at Canaccord Genuity, the cannabis industry should add $3.6 billion to Canada’s annual revenue by...
Current scenario in the industry One year on since legalization of recreational cannabis in Canada, the assessment is that a lot needs to happen. On the one hand, the market seems to have failed to pick up, at least not according to what enthusiasts expected. Across the board, there seems...
CHICAGO and KING OF PRUSSIA, Pa., Nov. 22, 2019 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (GTI) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ and Essence retail stores, today announced it will open Rise King of Prussia, its eighth retail...
The cannabis industry has faced torrid times in recent despite showing much promise a year ago. The industry is in its infancy and the volatility witnessed is expected but now the industry seems like its maturing. In Canada, the industry has grown rapidly in the past year following the...
VANCOUVER, BC, -- (GLOBE NEWSWIRE – November 13, 2019) – Isracann Biosciences Inc.  (CSE: IPOT) (XFRA: A2PT0E) (OTC: ATLED) (the “Company”) an Israel-based company focused on becoming a premier low cost, high quality cannabis producer for both domestic and European export sales, has engaged the services of LinC by...
VANCOUVER, BC, November 13, 2019. Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) (“BevCanna” or the “Company”) announced today that it has signed a non-binding Letter of Intent (the “LOI”) to acquire West Coast cold-pressed juice company, Little West Holdings LLC (“LW”). California-based Little West currently...
The Canadian cannabis industry has been growing fast following the legalization of Marijuana. Last year Canada legalized recreational use and most recently they legalized cannabis derivatives that will hit shelves in mid-December. This is an industry laden with opportunities for the cannabis industry in Canada and every player wants...