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Marijuana producer Canopy Growth Corp. (CGC) began trading on the New York Stock Exchange Thursday, making it one of two Canadian pure-play marijuana stocks to list on a major U.S. exchange. Canopy Growth fell 3.8% to 29.07 in Thursday’s stock market trading. Cronos Group (CRON), became the first Canadian marijuana company to list on the Nasdaq in February, eased 1.4%. Canopy’s […]
The temporary rules governing the Golden State’s marijuana industry have been extended until the end of the year, with only minor tweaks. The relatively sudden growth of the country’s cannabis industry has left local government officials scrambling to create the regulations necessary to govern businesses without federal oversight, and for many canna-legal states, a finalized […]
Aurora Cannabis (NASDAQOTH:ACBFF) did it again. In February, the Canadian marijuana grower posted fantastic fiscal second-quarter results. On Tuesday, Aurora announced its Q3 results. And the company once again hit the ball out of the park, with CEO Terry Booth pointing to Aurora’s “exceptional performance across all functions.” While the company’s Q3 update was chock-full of numbers, there were […]
Dustin and Corey Koffler, brothers and co-founders of Green Tank Technologies Corp., have been growing their business at breakneck speed over the past year – and the pace is unlikely to slow down as cannabis legalization approaches. One year ago, Green Tank, a Toronto-based startup that designs vaporizers for cannabis-oil producers, had its first product […]
The next time you go to the dentist, make this mental note: people working in the legal cannabis industry outnumber American dental hygienists. Let that sink in a bit. It’s a staggering number, but the cannabis industry is experiencing explosive growth thanks to the $9 billion consumers spent on cannabis in 2017.  In fact, ZipRecruiter […]
Tiger Global led a $17 million investment in cannabis compliance software company Green Bits. The New York-based firm is leading the round with participation from Snoop Dogg’s Casa Verde Capital. This investment brings total funding in Green Bits to $19.3 million, and marks another major win for the cannabis industry. Tiger Global, the investment firm […]
JERUSALEM – Israel’s Together has agreed to sell 5 tonnes of cannabis oil to an unnamed Canadian company that will potentially bring revenue of hundreds of millions of shekels. The Canadian company will buy from Together subsidiary Globus Pharma 50 tonnes of dried inflorescences of cannabis each year, which is equivalent to five tonnes of […]
Anytime you discuss the marijuana industry, it’s bound to generate controversy. But with Weed Inc (OTCMKTS:BUDZ), the controversy isn’t the product, but the tremendous loss of shareholder value. From its January peak, Weed stock has tanked an alarming 74%. I’m surprised that investors’ pitchforks haven’t come out yet. Still, this is the usual trajectory for […]
The marijuana market has been one of the most lucrative industries over the past several years due to the newness of the market and the continuous expansion throughout the country. With many new stocks popping up in recent times, it seems like faith in the market for investors is continuing to see new highs. One […]