Forum Weighs on Cannabis Valuations

A panel of cannabis experts shared viewpoints and predictions for the cannabis industry on a global level at day two of the Extraordinary Future Conference in Vancouver on Thursday (September 20). Hosted by Peter Guo, BC Leader of the enterprise risk services with MNP, the panel included: Rosy Mondin, CEO of Quadron Cantech (CSE:QCC); Chris […]

Key Cannabis Players Launch Venture Capital Companies

Investors will gain two new options in the public cannabis space this week, and they’re backed by two of the biggest Canadian cannabis companies out there. Canopy Rivers, a division of Canadian licensed producer behemoth Canopy Growth (NYSE:CGC,TSX:WEED), is expected to launch on Thursday (September 20), while Australis (CSE:AUSA), a spinoff of Aurora Cannabis (TSX:ACB), listed on Wednesday (September […]

Cannabis Panelist: It’s Time for Companies to Deliver Results

As day two of the MoneyShow conference in Toronto reached its midpoint, expert panelists gave investors their input on the future of the Canadian marijuana market. The panel consisted of Cam Battley, chief corporate officer at Aurora Cannabis (TSX:ACB); Danny Brody, vice president of investor relations at Green Organic Dutchman Holdings (TSX:TGOD); Mark Noble, senior […]

BlissCo Enters Agreement with Cannabis Delivery Company

BlissCo Cannabis (CSE:BLIS) announced an agreement with Pineapple Express Delivery to enable same-day delivery of medical cannabis. As quoted in the press release: “This agreement will allow BlissCo to deliver our medical cannabis to patients quickly and securely. A high level of service is a priority for our team and we believe that a great delivery […]

Women Cannabis Consumers in Focus for Companies

As investors look for new entries into the cannabis space, more companies are offering exposure into portfolios of products for women cannabis consumers. Consumers will begin making decisions based on brand preference and product reliability. As such, companies will be fighting for the attention of these consumers by any method possible – including standing out […]

Cannabis ETFs — Should You Invest?

Just last year in early 2017, cannabis ETFs didn’t exist. Sure, there was speculation — but that’s it. Fast forward to today and cannabis ETFs have become a budding industry. But what cannabis ETFs are on the market and what are their holdings? Currently there are two major cannabis ETFs on the market in Canada, […]

Blockchain for Crime Prevention in the Legal Cannabis Space

Blockchain technology has been expanding its reach across multiple industries since its inception.  As the cannabis market transitions into its legal framework, using blockchain for crime prevention in this space is a concept that is becoming more and more viable. In Canada, we are witnessing something that has only happened a few other times throughout […]

Invictus Acreage Pharms Makes First Provincial Bulk Shipment of Recreational Cannabis on Schedule

Invictus (TSXV:GENE, OTC:IVITF) (“Invictus” or the “Company”) is pleased to have completed its first shipment of recreational cannabis under Provincial supply agreement on schedule, ensuring quality product for opening day on October 17, 2018. Staff have been working 24 hours per day, seven days a week to package product in order to meet this ambitious deadline. “The […]

GTEC Holdings Receives Health Canada Approval to Expand Scope of Dealer’s License to Include Extraction of Cannabis Oil

GreenTec Holdings (TSXV:GTEC) (“GTEC” or the “Company”) is pleased to announce that its wholly owned subsidiary, Zenalytic Laboratories (“Zen Labs”) received an approval from Health Canada expanding the scope of its Dealers License effective September 6, 2018. The Dealers License was issued pursuant to the provisions of the Controlled Drugs and Substances Act and its Regulations […]

The Value of Vertical Integration in an Evolving Cannabis Industry

As cannabis and hemp companies across Canada work out their plans and strategies to survive and flourish in what promise to be extremely competitive markets, vertical integration in the cannabis industry is growing as a concept. Vertical integration is more than just a buzzword. In the cannabis industry, it is a strategy that can help […]

Europe’s Medical Cannabis Markets: The Next Frontier

As the North American cannabis markets mature and become saturated with competing licensed producers, Europe’s early-stage cannabis market may represent the next frontier for pioneering companies looking to break into the industry.  Home to more than 740 million people, Europe has twice the population size of Canada and the US combined. Arcview Market Research and […]

iAnthus Outlines Entry into 3 US Cannabis Markets

Shares of iAnthus Capital Holdings (CSE:IAN) soared on Wednesday (August 29) after reporting US$ 4.9 million in revenue for the second quarter of 2018. The US-focused cannabis operator highlighted its acquisition path during the quarter in emerging cannabis markets in the US like Florida and New York. During a conference call on Wednesday to discuss […]

Namaste to Enter Canadian Recreational Cannabis Market

Shares of Namaste Technologies (TSXV:N) dipped on Tuesday after the company confirmed a strategy to enter the Canadian adult-use cannabis market. On Tuesday (August 28) Namaste informed its shareholders the company would enter the recreational cannabis market after previously holding off on its decision to do so. The company cited “uncertainty” around the federal and provincial […]

Alcohol Producer’s Potential Entry into Cannabis Space Sends Stocks Up

Shares of cannabis stocks shot up on Monday (August 27) following reports of a potential entry from a massive alcohol producer into the space. Diageo Plc (NYSE:DEO), the alcohol maker behind Guinness beer and Crown Royal Canadian whisky, is eyeing an entry into the booming cannabis market, following the footsteps of a number of other […]

Challenges and Opportunity in Canada’s Recreational Cannabis Industry

It’s an exciting time for Canada’s legal cannabis industry, but it’s also a challenging one for emerging licensed producers (LPs). Canada’s impending legalization of recreational cannabis for adult use is finally imminent, but that doesn’t mean the country’s laws and regulations regarding the plant are set in stone. LPs across the country are racing to […]

Emblem is Ready to Meet the Demand of the Canadian Medical Cannabis Market

Emblem (TSXV:EMC, OTC:EMMBF) CEO Nick Dean was featured in a video interview with Midas Letter Live. In the interview, Dean was asked to outline the company’s recent partnership with GreenSpace Brands, a consumer packaged goods company focused on organic health and wellness products. Emblem will be launching a line of CBD-based health and wellness products […]

Beleave Receives Purchase Order from Ontario Cannabis Store

Beleave Inc. (CSE:BE) (OTCQX: BLEVF) (“Beleave” or the “Company”) is proud to announce that it has received its first purchase order from the Ontario Cannabis Store (“OCS”). This makes it one of the very first suppliers to support the sale of recreational cannabis in the province of Ontario. “This marks the end of a great […]

Ontario Locks Down Cannabis Supply Deals

Following its decision to privatize the network of retail cannabis shops in the province, Ontario awarded supply agreements for adult-use cannabis with 26 licensed producers on Monday (August 20). “These agreements will allow us to safely and securely provide a broad variety of cannabis products to adult customers when online sales begin,” Patrick Ford, president […]

Can Blockchain Technology Disrupt the Cannabis Black Market?

Come mid-October 2018, both medical and recreational cannabis will be legal across Canada. When first introduced, the Trudeau Government made it clear the intent of legalization is to stamp out the country’s entrenched black market—one-third of which is supplied by organized crime. In a recent study, Statistics Canada found that despite the establishment of government-sanctioned […]

Two Ontario Municipalities to Opt-out of Retail Cannabis

Two Ontario municipalities will reject the provincial plan to deploy private adult-use cannabis shops across the province, according to a new report. As Canada is set to legalize the recreational use of cannabis on October 17, provinces across the country have had to formalize their approach to the distribution and sale of the drug. On […]

Venture Fund Director Doesn’t Believe Cannabis Hype

According to Micah Tapman, managing director at Canopy Ventures, some investors are at risk of letting the cannabis hype train get ahead of itself. He recommends shorting everything for now. Speaking at MJBizCon INT’L in Toronto, Tapman gave a presentation on valuations where he discussed how to properly weigh risk in the cannabis market as […]

Canada’s Modern Cannabis Mega Facilities

The Canadian demand for cannabis is massive, and not coincidentally, so are the facilities being constructed to meet that demand. Recent estimates have the Canadian cannabis market hitting $ 9.2 billion by 2025. In the shorter term, analysts are predicting a shortage in the legal market following legalization day on October 17, 2018. As Canada’s […]

UPDATE — WeedMD and Phivida Sign Definitive Agreement on Cannabis Beverages Inc.

WeedMD Inc. (TSXV:WMD) (OTC:WDDMF) (FSE:4WE) (“WeedMD”) and Phivida Holdings Inc. (CSE:VIDA) (OTC.PHVAF) (“Phivida”) are pleased to announce the signing of a final definitive joint venture agreement (“Agreement”) to develop and operate Cannabis Beverages Inc. (“CanBev”) at WeedMD’s state-of-the-art greenhouse facility in Strathroy, Ontario. As an early mover in the cannabis-infused beverage market, CanBev is positioning itself to capture […]

Second Cup to Seek License for Cannabis Shops in Ontario

National Access Cannabis’ (TSXV:META) stock is on the rise following hints from Canadian coffee retailer opening cannabis shops in Ontario. The Second Cup (TSX:SCU), which signed a partnership with the cannabis company in April, announced on Thursday (August 16) its intentions to potentially transform existing retail locations into cannabis shops under the brand name Meta […]

Show Notes: MJBizCon INT’L Cannabis Investing Crash Course

Investors looking to get an insider perspective on the cannabis landscape got a crash course on valuations, potential emerging markets and industry trends during the pre-conference day of the MJBizCon INT’L show in Toronto. On Tuesday (August 15), the Investing News Network (INN) had the opportunity to attend the kick-off day for MJBizCon INT’L. It […]

Constellation Investment Gives “Shot in the Arm” to Cannabis Market

On Wednesday (August 15) the cannabis industry received a much needed ‘shot in the arm’ thanks to alcohol producer Constellation Brands (NYSE:STZ) re-upping its stake in Canadian licensed producer (LP) Canopy Growth (TSX:WEED,NYSE:CGC). The alcohol company will invest C$ 5 billion in Canopy and obtain 104.5 million shares of Canopy, effectively gaining a 38 percent […]

Panel Explores Risks of Adapting Cannabis Business to New Market

As cannabis markets continue to open across the globe, companies are eager to translate products and brands into emerging new areas of the sector. As such, a panel at this year’s MJBizCon INT’L in Toronto will cover the challenges companies face when interacting in foreign markets. Jennifer Sanders CEO of equity firm of CNS Equity […]

Maple Leaf Green World CEO: Near-term Cultivation and Sale of Cannabis for the Medicinal Market

Maple Leaf Green World (OTCQB:MGWFF,NEO:MGW) CEO Raymond Lai believes there are vast opportunities for cannabis companies tied to the growth of the North American markets. In the interview below, Lai discusses the company’s facilities in BC, Nevada and California, the first of which will be completed within this year. Using its experience in eco-agriculture and […]

Cannabis Industry Reacts to Ontario’s Retail Strategy

Following the Ontario provincial government’s announcement on how recreational cannabis will be sold once it becomes legal on October 17, the cannabis industry offered a variety of reactions. On Monday (August 13), Ontario’s Progressive Conservative government unveiled its approach to the sale of legal adult-use cannabis, saying it will offer consumers online-only service until the establishment […]

Pure Global Cannabis Announces Additional Bulk Purchase Order from Supreme Cannabis

Pure Global Cannabis Inc. (TSX.V: PURE) (OTC: PRCNF)  (the “Company” or “Pure Global” or “PURE”), a vertically-integrated, growth-oriented life sciences cannabis company, is pleased to announce that its wholly-owned subsidiary, PureSinse Inc. (“PureSinse”), has agreed to purchase from The Supreme Cannabis Company Inc (TSXV:FIRE) an additional 210kg of medical cannabis for resale. PURE’s President & CEO Malay […]