A brief on the sector
It is a year since Health Canada gave the thumbs up for licensed stores to begin selling marijuana for recreational use. The news of Canada legalizing weed for adult use kicked off a sandstorm of euphoria, with companies setting up operations and promising astronomic returns...
The legal cannabis industry has undergone an epic shakeout this year. Most cannabis stocks have burnt significant investor wealth and according to CEO of Acreage Holdings (OTCMKTS: ACRGF) Kevin Murphy, this is 2008 for the marijuana sector. Investors put a lot of money in Canada's cannabis market and a...
The Canadian cannabis industry has been on the rocks this year and the fanfare that surrounded the legalizations of recreational uses hasn't lived to expectations. Companies have had to contend with the slow licensing process of physical locations at the federal and provincial levels. As a result, cannabis companies...
Over one year since legalization of recreational marijuana in Canada, the industry is growing fast. During the one-year anniversary, Cannabis 2.0 went live, expanding the product range available to users. While Canada is making the huge strides, the US is still dragging its feet. Is it possible for cannabis...
There was a lot of fanfare around the cannabis industry in Canada last year following the legalization of recreational pot. Equally in October this year, the country legalized cannabis derivatives but still, the industry is yet to live up to expectation. There have been challenges that pot companies have...
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...
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...
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...
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...
The cannabis act
This month last year, the cannabis industry in Canada was sitting on the cusp of a major revolution. The cannabis act had just passed and companies were scrambling for an opportunity to exploit the legal cannabis market. Just over one year on, a lot has happened...