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 cannabis industry is one of the fast-growing industries in North America and this year could have been the year that marijuana stocks flourished. Last year the US passed the Farm Bill allowing hemp farming, Canada legalized recreational use marijuana and a dozen states legalized pot. However, things have...
The cannabis industry is one of the fast-growing industries in the world today. There are much excitement and hype around the cannabis industry that has attracted the imagination of several people. There has been a lot of commentary regarding the prospect of this fast-growing segment and some see it...
Cannabis stocks have had a torrid time in the last few months and they are glad there are some goods in the industry. Canada legalized recreational use marijuana last year and the segment has been growing tremendously. Last week the official statistics indicated that the recreational use segment had...
TORONTO, Oct. 24, 2019 /PRNewswire/ - Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) www.libertyhealthsciences.com ("Liberty" or the "Company"), a provider of high quality cannabis, announced today that it will open its 19th and largest Florida dispensary in Pensacola, subject to approval from the Florida Department of Health. Located at 7152 North Davis Highway Pensacola, FL., the new dispensary will be...
TORONTO, Oct. 24, 2019 /PRNewswire/ - Canopy Rivers Inc. ("Canopy Rivers") (TSX: RIV, OTC: CNPOF), a venture capital firm specializing in cannabis, today announced that its portfolio company Radicle Medical Marijuana Inc. ("Radicle") has received approval for oil sales from Health Canada. This additional licence allows for the development...
Chemistree Technology Inc (OTCMKTS:CHMJF) is looking forward to the full legalization of marijuana. The dynamic market requires preparations in advance and that is the reason the company is ramping up its operations in the US. Reports indicate that it has been channeling a lot of resources into the acquisition...
The Canadian Prairies comprises of the Great Plains several and other areas known as the Prairie Provinces. These include Saskatchewan, Alberta, and Manitoba. These provinces are vastly grassland zones and are characterized by lowlands and plains. There has lately been a wild rush by the major Canadian cannabis industry...
Chemistree Technology Inc. (OTCMKTS:CHMJF) stock dropped on Wednesday after the company told investors that it was canceling its planned investment in The Physician’s Choice CBD. Chemistree stock slumps after the termination of the investment deal In April the company had announced that it would invest in The Physician’s Choice CBD...
The hemp industry is among the markets that have witnessed rapid growth in recent times. This is because the hemp has applications in 25,000 products across different sectors. It has uses in personal care, automobile, construction textile, beverage, food, paper, and furniture. Hemp is an annual plant and almost...
Licensed cannabis restaurants are on the cusp of sprouting up as Canada moves to legalize cannabis edibles and CBD infused beverages. While the regulation will, come into effect on October 17, 2019, such restaurants will only start serving customers their favorite CBD products in December. Canada Edibles Marketplace The wait...