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)

Recreational use legalization marked an important milestone in Canada’s cannabis landscape in 2018. Fast forward, the cannabis market is yet again on the cusp of receiving a significant boost, on the legalization of CBD infused beverages later this month. BevCanna Enterprises Inc. (CSE:BEV) is one of the companies well-positioned to...
“This partnership is a great opportunity to work closely with another emerging leader in the Canadian cannabis space,” said Emma Andrews, Chief Commercialization Officer at BevCanna. “We’ll leverage our existing manufacturing expertise and facilities to help Higharchy realize their vision of producing world-class brands and products, and we will...
Canada recorded a fifth consecutive month of cannabis sales growth in July. Sales clocking the CA$104.5 million mark marked an important milestone, even as the country continues to grapple with lots of challenges that continue to curtail sales. Cannabis Supply Challenges Since the country legalized recreational use at the federal level,...
Cannabis retail sales in Canada continue to edge higher benefiting from a friendly regulatory framework. Data by Statistics Canada indicate that sales rose past the $100 million mark for the first time in July, reaching an all-time high of $104 million. Cannabis Sales Growth Sales were up 14.3% in the month,...
Recreational use legalization in Canada marked an important milestone. While most players have benefited a great deal. As a result, things are about to get even rosy. The legalization of cannabis edibles and derivatives is set to mark yet another important milestone in the evolution of the burgeoning sector. Burgeoning...
Last year Chemistree Technology Inc. (OTCMKTS: CHMJF) entered an agreement to acquire Sugarleaf Farms to acquire rights to its brand beyond Washington State. Chemistree has operations in Washington where it grows its premium flower brand SugarLeaf. The company runs close to 300 lights and flower to come up with...
Happy Tea CBD is the latest CBD infused beverage taking the CBD industry by storm. Launched by Fit Tea, the beverage is proving to be a firm favorite for celebrities. Kylie Jenner, Cardi B, and Sarah Palin are the latest high profile personalities to take an interest in the...
The cannabis industry has in recent years, presented unique investment opportunities. Right from growing the actual crop to processing it and coming up with exceptional products, a number of people and big companies have generated significant returns in the process. Conversely, investors have accrued a substantial amount of returns...
Canada is starting to reap the rewards of recreational use legalization. Data by Statistics Canada signals booming business in the legal cannabis industry, output having more than doubled since October of last year. Reports that cannabis production in the legal market has surpassed the black market should be good...
Tech billionaires Bill Gates and Jeff Bezos say Blockchain is the future of the global economy… The value of cryptocurrencies is expected to top $1 TRILLION by 2022… The largest American Private Equity funds are betting dozens of billions on cannabis becoming the hottest industry for the next 10 years (at...