Diane Scott: Canadian Firms Can Help Developing Medical Cannabis Markets

The public markets have offered the cannabis industry an avenue for direct growth and business impact. However, as the industry matures private companies are creating alternative options. The Investing News Network (INN) talked with Diane Scott, CEO of Jamaican Medical Cannabis Corporation (JMCC), about the role of the private sector within the cannabis space at […]

WeedMD And BLOCKStrain Launch The Industry’s First Cannabis Validation Testing Program

WeedMD Inc. (TSXV:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD”), a federally-licensed producer and distributor of medical-grade cannabis, and BLOCKSTRAIN TECHNOLOGY CORP. (the “Company” or “BLOCKStrain”) (TSXV:DNAX) (OTC:DNAXF) are pleased to announce that they have completed the ‘first-of-its-kind’ cannabis strain validation registration program – a testing and verification process that will confirm cannabis strains as purchased. Derek Pedro and Curtis Wallace of WeedMD log […]

Lift Panelists Call for Cannabis M&A, Comment on Short Sellers

The Lift (TSXV:LIFT) & Co. Cannabis Business Conference and Expo ran from January 10 to 13 in Vancouver, with day three bringing a panel led by Tabitha Fritz, CEO of Fritz’s Consulting. Neal Gilmer, analyst with Haywood Securities, Leslie Ducommun, manager of cannabis practise with Jones Brown, and Niel Marotta, president and CEO of INDIVA (CSE:NDVA), acted […]

Not for Tobacco Use Only: The Cannabis Accessories Market

Recreational cannabis market demand is driving sales not just for the green stuff itself, but for marijuana lifestyle products and smoking accessories as well. The growth of the cannabis market into a multibillion-dollar legal industry has had massive implications for a range of ancillary cannabis-related businesses. First among these is the market for cannabis accessories. […]

Cannabis Profits Could Boost Junior Miners on CSE

The Canadian economy has felt an anticipated boom from the October legalization of cannabis, but another sector that could stand to reap the benefits is the junior mining space. An annual survey from PricewaterhouseCoopers (PwC) shows that initial public offerings (IPOs) were on the rise in 2018, especially in the year’s last quarter, which saw […]

Piper Jaffray Starts Cannabis Watch, Boosts Canopy Growth

US investment bank Piper Jaffray (NYSE:PJC) has joined the slowly growing list of American brokerages covering cannabis producers, giving major industry players like Canopy Growth (TSX:WEED) a significant boost. With the support of Piper Jaffray, Canopy jumped 13 percent on Wednesday (January 10), closing the day at C$ 44.50. Piper Jaffray analyst Michael Lavery gave […]

Notes from the Floor: Lift Cannabis Business Conference

Canada’s position in the global market and the maturation of investors were topics in focus at the 2019 edition of the Lift & Co. (TSXV:LIFT) Cannabis Business Conference (LCBC) in Vancouver. Thursday (January 9) marked the kickoff of this year’s expo, and as at previous shows the first day was reserved for the LCBC, with […]

UPDATE: Shoppers Drug Mart Begins Selling Medical Cannabis Online

Canadian pharmacy Shoppers Drug Mart has entered the fray of medical cannabis sales with launch of its online commerce hub. Shoppers, a subsidiary of Loblaw Companies (TSX:L), announced on Tuesday (January 8) the official launch of its medical cannabis e-commerce portal. In total the store opened with 24 medical cannabis offerings from the various licensed […]

Aurora Cannabis Drops Amid New Revenue Expectations

Shares of Canadian licensed producer Aurora Cannabis (NYSE:ACB,TSX:ACB) dropped on Tuesday (January 8) following the company’s projections for its fiscal Q2. The Canadian firm offered investors a closer look into its unaudited results and confirmed it anticipates revenues between C$ 50 million and C$ 55 million for the quarter. In its previous fiscal quarter which […]

Cannabis Companies Combine for US Hemp Play

As the cannabidiol (CBD) from hemp market continues to entice cannabis companies, a new partnership for this market was created between two public players in the space. Invictus MD Strategies (TSXV:GENE), an owner of a Canadian licensed producer, confirmed on Monday (January 7) it will form a joint venture with relatively newcomer CannAmerica Brands (CSE:CANA), […]

Lotus Milestone on Cannabis Cultivation Licensing with Inspection by David Hyde of Total Cannabis Security Solutions Inc.

Lotus Ventures Inc. (CSE:J) (“Lotus”) is completing the final elements for cannabis cultivation licensing. On Saturday, the company finished a detailed security video plus a physical inspection by David Hyde, security consultant to the company. This work, together with the written components of our Evidence Package, will be compiled, edited and submitted to Health Canada […]

Osoyoos Cannabis Announces Corporate Update

Osoyoos Cannabis Inc. (“Osoyoos” or the “Company”) is pleased to provide an update on recent events. The Company’s submission to list its common shares on the Canadian Securities Exchange (the “CSE”) is in the review stage with the CSE – the Company looks forward to the listing of its common shares for trading upon satisfaction […]

Cannabis Big News Roundup: Nutritional High Enters Into Asset Purchase Agreement in Washington; Yield Growth Announces 9 New Products; MediPharm Labs Increases Annual Production Capacity by 50 Percent

In case you missed it, here is this week’s big news roundup for cannabis: Nutritional High Enters Into Asset Purchase Agreement in Washington FinCanna Portfolio Company, Refined Resin Technologies Acquires Key Distribution License Biome Announces OTCQB Listing Green Growth Brands Announces Intention to Launch Takeover Bid for Aphria Inc. Yield Growth Announces 9 New Products, […]

Next Green Wave Obtains All Licenses For Its Current Cannabis Operations in California

Next Green Wave (CSE:NGW, OTCQB:NXGWF)(“Next Green Wave” or the “Company”), is pleased to announce that is has obtained all necessary state and local licenses for its site A production facility in Coalinga, California. The newly issued licenses will allow Next Green Wave to carry out all its seed to sale operations in the state of […]

Canadian Cannabis IPOs Raise Over C$490 Million in 2018

A new report from PwC Canada shows cannabis initial public offerings (IPOs) raised over C$ 491 million across “various exchanges” throughout 2018. On Thursday (January 3), the research agency shared the results of its quarterly IPO survey indicating the total state of the public markets in Canada. “The fourth quarter was pretty respectable when you […]

Cannvas Continues Trajectory To Become Household Name in Cannabis Education

Cannvas MedTech Inc. (“Cannvas” or the “Company”) (CSE:MTEC) (Frankfurt :3CM)  (OTCPK :CANVF), a leading digital cannabis educator and business technology company, is pleased to report the steady growth of its products and services line entering 2019 as it persists in assembling a wide-ranging partner network to promote cannabis education, drive audiences to its Cannvas.Me platform and […]

The Supporting Cast: Cannabis Industry Ancillary Businesses

The North American cannabis market is a competitive industry, but cannabis industry ancillary businesses fill less crowded spaces and provide essential services around the industry. Like any business, the cannabis industry doesn’t exist in a vacuum. Every cannabis business large and small relies on a supporting cast of services that might only be tangentially related […]

Cannabis Short Sellers Earned US$432 Million in December

December was profitable for short sellers in the cannabis sector, says a new market report. According to a document from S3 Partners, a financial technology and analytics firm, cannabis shorts made US$ 431.9 million during December, with a direct increase in short interest and shares shorted for one particular stock. Aphria (NYSE:APHA,TSX:APHA) was the only […]

Next-gen Growing: Advancing Commercial Cannabis Cultivation Technology

We’ve entered into a period of unprecedented innovation in cannabis solutions and commercial cannabis cultivation technology. When we consider that most advancements in cannabis cultivation technology over the past century were carried out by people working in a black market and under the limitations of very limited resources, they’re actually pretty remarkable. It’s a new […]

US Cannabis Market Draws US$10 Billion in 2018

The US marijuana space attracted over US$ 10 billion in investment this year, says an industry economist and researcher. According to a new report from NBC News, Beau Whitney, vice president and senior economist with cannabis research and data venture New Frontier Data, has confirmed that investors added US$ 10 billion throughout 2018 to the […]

California’s Cannabis Edibles Market

California’s cannabis edibles market is growing within a legal industry that could grow to $ 3.7 billion in 2018 and reach $ 5.1 billion to rival the beer market by 2019. While the cultivation and concentrates markets are getting most of the buzz, it’s the edibles market that represents one of the strongest sectors for […]

Say Shalom to Israel’s Cannabis Industry

Israel’s cannabis industry has a long history of innovation and revolutionary research, and that history will be the country’s biggest advantage in the emerging international cannabis market. Medical cannabis users in legal jurisdictions everywhere owe a lot more to the nation of Israel than many realize. The country has very quietly been a world leading […]

Emblem CEO: Product Innovation, Brand Building and Distribution in Cannabis

Emblem (TSXV:EMC,OTCQX:EMMBF) CEO Nick Dean believes that product innovation, a comprehensive brand portfolio and strategic distribution channels are key to succeeding in the cannabis industry as it continues to develop. In the interview below, Dean discussed how Emblem has pivoted in this direction, securing supply agreements in place of cultivation infrastructure. He also addressed the […]

Filling Professional Knowledge Gaps on Medical Cannabis

Medical cannabis has gained a lot of ground in recent years creating a noticeable need for cannabis education for healthcare professionals.  Backed by strong evidence, and despite a persistent historical gap in medical understanding of the plant’s effects on the body, cannabis is increasingly being seen by medical professionals and the public as a safe, […]

Alliance and Pharmagreen Estimate the Demand for Cannabis Clones to Exceed 200 Million Annually by 2020

Alliance Growers Corp. (CSE:ACG) (FSE:1LA) (WKN:A2DFYX) (OTCQB:ALGWF) (“Alliance Growers” or “the Company”) estimates that the demand for cannabis starts, or clones required by Medical Cannabis Licensed Growers, based on existing operations and considering their expansion plans, could exceed 200 million annually by 2020. Alliance Growers is pleased to announce amended payment terms with WFS Pharmagreen Inc. […]

Yield Growth Corp.: Integrating Cannabis into the Wellness and Cosmetics Industries

Yield Growth Corp. (CSE:BOSS) has launched its campaign on the Investing News Network’s Cannabis channel. Yield Growth is a cannabis asset growth corporation with assets in media, technology and products. The company primarily acquires, develops, markets and sells wellness and cosmetic products through their wholly-owned subsidiary Urban Juve Provisions Inc. under the brand Urban Juve. […]

Royal Bank of Canada to Initiate Cannabis Coverage

As the cannabis industry continues its search for legitimacy at the global marketplace, a Canadian bank has decided to begin working in this market. According to a new report, Royal Bank of Canada (RBC) (TSX:RY) confirmed on Tuesday (December 18), it will begin covering the sector with a dedicated analyst and set up a division […]

Pennsylvania Issues 23 New Retail Cannabis Licenses

Pennsylvania has granted 23 new retail licenses for the second stage of its medical marijuana program; among the winners were a few public companies in the space. On Tuesday (December 18), the Pennsylvania Department of Health confirmed the new cannabis licenses had been granted, allowing the winners to go operational within the next six months. […]

3 Public Companies Get Entry to New Jersey Cannabis Market

New Jersey has elected six new companies to potentially operate in its medical cannabis market, including 3 publicly traded ventures. On Monday (December 17), the New Jersey Department of Health (DOH) confirmed six new selections for companies to apply for permits in order to open medical marijuana shops. Among the winners were public US multi-state […]

Green Growth Brands Doesn’t Want a National Cannabis Brand

Brands and retail are two concepts investors in the cannabis space have started to take more seriously as the market keeps growing. With this growth, the US cannabis play has also gained the attention of investors. Peter Horvath, CEO Green Growth Brands (CSE:GGB), is one executive trying to offer a modernized approach to brand creation […]