Canadian Cannabis Companies Eye Growing European CBD Market
The cannabis and CBD market in the European Union has been growing slower than it has in the United States and Canada, but analysts expect the European CBD market to grow exponentially over the next ... [Read]
CBD Stocks to Watch: The Companies with the Hemp Authority Seal
CBD stocks have been getting a lot of attention lately, as more and more big-box retailers look to add CBD product lines to their shelves. Major US retailers like DSW, Neiman Marcus, and Sephora have all recently begun ... [Read]
WeedMD Plans Massive Outdoor Growth Expansion
Canadian federally-licensed producer and distributor WeedMD Inc. (TSXV:WMD) (OTCQX:WDDMF) is planning to significantly expand its existing cannabis cultivation with a large-scale, low-cost, outdoor cannabis grow operation. WeedMD has applied to Health Canada for approval for outdoor cultivation ... [Read]
US Pot Stocks: New Jersey Lawmakers Call Off Legalization Vote
New Jersey lawmakers disappointed US pot stocks Monday when it called off a vote on the bill that would make recreational cannabis legal. Despite Governor Phil Murphy's efforts to campaign for legalization, the decision came after ... [Read]
CGC Stock: Canopy Growth Receives New License From Health Canada
CGC stock temporarily climbed after Canopy Growth Corporation (TSX:WEED) (NYSE:CGC) received a new cultivation license from Health Canada for its Fredericton, New Brunswick facility, which will produce 5,000 kilograms of cannabis each year. The NB facility ... [Read]
CBD Stocks: 3 CBD Companies to Watch for the Next Big Move
CBD stocks received exciting news this week when CVS Health (NYSE:CVS) announced that it will be selling CBD products in 800 stores across eight states, another major win for companies in the CBD space. This ... [Read]
CGC Stock: Canopy Growth Extends US Hemp Reach with Acquisition
Canadian cannabis producer Canopy Growth Corporation (TSX:WEED) (NYSE:CGC) accelerated its expansion into the US hemp market Thursday with the acquisition of AgriNextUSA for an undisclosed amount of money. According to the press release, AgriNextUSA has been at ... [Read]
US Pot Stocks: Horizons Plans ETF for US Cannabis Companies
Investors interested in the US marijuana market will soon gain exclusive exposure to US pot stocks once Horizons ETF Management Canada creates an exchange-traded fund (ETF) that only contains US cannabis producers. Horizons ETF Management's CEO Steve ... [Read]
TNY Stock: Tinley Beverage Stock Jumps on Expansion Announcement
TNY stock saw a boost Thursday after The Tinley Beverage Company (CSE:TNY) (OTCQX:TNYBF) announced that it has completed the expansion of its bottling facility in Coachella Valley. By 2:00 pm EST, TNY stock reached $0.67 CAD ... [Read]
FIRE Stock Sizzles: BMO Analysts See Potential in Supreme Cannabis
The Supreme Cannabis Company (TSX:FIRE) (OTCQX:SPRWF) increased its presence in the cannabis market today when BMO Capital Markets initiated coverage of the company at Market Perform with a $2.50 CAD per share price target. The target ... [Read]