An online media news aggregator and blog for the cannabis and hemp industry world-wide.

These Marijuana Stocks May Have a Better Chance Than Most

Marijuana stocks have been extremely volatile over the course of the past month or two. This volatility extends back even further, but the real fluctuations from the coronavirus, have only taken effect in the past month or so. While some investors tend to learn toward pot stocks with higher rates of fluctuations, others may be less inclined to inve

Village Farms International, Inc. (VFF) Announces Completion of Pure Sunfarms

Village Farms International Announces Completion of Pure Sunfarms’ Expanded Credit Facility with Existing Lender for up to $59 Million and Makes Additional Capital Contribution to Pure Sunfarms to Increase Ownership to 58.7%Village Farms International, Inc. (“Village Farms” or the “Company”) (TSX: VFF; NASDAQ: VFF) today announced its majority-owne

Will Pot Stocks Be Saved By Cannabis Cultivators?

While the coronavirus has wreaked havoc on world markets, it has done one good thing for the cannabis industry. The large spread stay-at-home orders around the world have meant that people are consuming more cannabis than ever. This has raised the demand for marijuana quite substantially. While pot stocks as a whole have been beaten down by the cor

Will These Marijuana Stocks Continue To Go Up In The Market?

As of midday on April 2nd, marijuana stocks have so far had quite a rally. Top companies in the industry such as Tilray have shot up by as much as 12% during the day, before climbing back to a respectable 2% gain. Many of the deductions being made about the cannabis industry have been on a short term basis. This is because it is extremely difficult

Choom Holdings Inc. (CHOOF) Expansion Continues with Announcement of Niagara Acquisition

Choom Expansion Continues with Announcement of Niagara AcquisitionChoom Holdings Inc. (the “Company” or “Choom“) (CSE: CHOO; OTCQB: CHOOF), an emerging adult use cannabis company that has secured one of the largest national retail networks in Canada , is pleased to announce Choom has completed the acquisition of the retail cannabis store (the “Niag
Marijuana stocks have been incredibly up and down in the past two weeks. Last week’s trading saw many leading pot stocks, up by substantial amounts. This growth was not so much the market’s fault, but rather a symptom of the trading hysteria that we have seen amongst all world markets in the past month. There are two reasons that we can directly at
According to the Illinois Department of Financial and Professional Regulation, adult-use cannabis sales hit $35,902,543.22 in March.The department said the numbers do not includes taxes collected.In February, total sales were $34,805,072, and in January sales reached $39,247,840.83.As for March, the IDFPR said most sales came from Illinois resident
COVID-19 is having a multi-million dollar impact on the state budget. One lawmaker said the solution might be to legalize recreational marijuana.Representative Scott Fetgatter (R) Tulsa said job losses from COVID-19 coupled with low oil prices leaves the state more than $220 million in the red this and another $250 million in the red next year.“Wit
Often times when one thinks pot stocks, they think of the two or three pure-play companies that occupy the top of the market. While these marijuana stocks may be a solid choice, the alternative and ancillary companies are also very worth watching. These companies have a different exposure to the industry, and because of this, they can often hold le
CLS Holdings Provides Shareholder UpdateCLS Holdings USA, Inc. (CLSH) is a diversified cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada and plans to expand to other states. CLS stands for “Cannabis Life Sciences,” in recognition of the Company’s patented proprietary method
The short term in the cannabis industry is arguably a very difficult time frame for investors. In the past three weeks, we have seen prices shoot down by more than 40% for some of the largest marijuana stocks in the industry. This, however, should not dissuade investors as it appears to be the short term result of the coronavirus. One of the key th
Stitch Duran Named Brand Ambassador for Cannabis Sativa Brand CBD Science Cannabis Sativa, Inc. (CBDS) is proud to announce signing legendary cut-man and combat sports veteran Jacob “Stitch” Duran as Brand Ambassador for the CBD Science brand. Stitch will be instrumental in launching “Stitch Premium Cut Cream”, designed to help accelerate the heali
Tetra Bio-Pharma Maps Out Cannabinoid Metabolites in Humans Following Inhalation of QIXLEEF Tetra Bio-Pharma Inc. (“Tetra” or the “Company”) (TBP.V) (TBPMF), a leader in cannabinoid-derived drug discovery and development, is pleased to announce the launch of a study to determine the levels of cannabinoid metabolites (e.g., 7-COOH-CBD), cannabinoid
Supreme Cannabis Completes First Shipment to Israel and Provides Corporate Update The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (FIRE.TO) (SPRWF) (53S1.F) today announced the completion of its first international cannabis shipment from Canada into Israel . Supreme Cannabis partnered with Breath of Life International Ltd.
Neptune Obtains Health Canada Authorization and is Fast Tracking FDA Registration to Commercialize Plant-Based Hand SanitizersNeptune Wellness Solutions Inc. (“Neptune” or the “Company”) (NASDAQ: NEPT) (TSX: NEPT), is pleased to announce today it has received Health Canada authorization to commercialize natural, plant-based hand sanitizer products.
Canada has been leading the charge alongside the U.S. when it comes to marijuana stocks. Although there are a handful of pot stocks on U.S. exchanges, it seems as though the majority of them hail from our northern neighbor. In the current state of the market, it is very difficult to tell if any stocks are buys, let alone pot stocks. This is due str
Much like the grocery stores trying to fill orders for rice and potatoes, cannabis retailers cannot fill marijuana delivery orders fast enough.Since Nevada's cannabis industry temporarily switched to delivery-only purchases, retailers have cut short purchasing windows, grown their delivery vehicle fleets and set priority times for medical patients.
On Monday, March 30th, several large pot stocks released their latest earnings reports. Although it is a difficult time to rank any marijuana stocks, it is worth taking a look at these reports to see where some of the leading pot stocks are at. Both Cronos Group (NASDAQ:CRON) and HEXO (NYSE:HEXO) released their earnings on Monday, and both were met
Namaste Provides COVID-19 Operational Update and Announces Agreement with Adastra Labs Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF), a leading online platform for cannabis products, accessories, and responsible education, today provides an update with respect to the impact from the COVID-19 vir
There is no doubt that it is a difficult time to be a marijuana stock investor. But, with good times, there will always be the inevitable downturns. After a few weeks of massive declines across the marijuana market, the last week of March proved to be quite positive for the cannabis industry. This is in no way an indication of what could occur in t
InMed Announces Completion of Initial Phase 1 Clinical Trial of INM-755 CBN Cream in Healthy Subjects InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (TSX:IN; OTCQX:IMLFF), a clinical stage pharmaceutical company developing medications targeting diseases with high unmet medical need and leading the way in the clinical development of cannabino
The Green Organic Dutchman Announces Additional $35 Million Credit Facilities The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TGOD.TO) (TGODF), a leading producer of premium certified organic cannabis, is pleased to announce that the Company has entered into a $30 million secured revolving credit facility (the “Facility”) with a
HempMeds®, Subsidiary of Medical Marijuana, Inc., Expands Popular CBD Oil Tincture Line with Two New Flavors Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today
Marijuana stocks have been working to make a swift comeback after a few weeks of rampant bearish trading. In the wake of the coronavirus, businesses deemed essential to the public have been allowed to stay open. Unsurprisingly or surprisingly depending on where you stand, many cannabis dispensaries have been labeled as essential. This means that co
Investment safety is something that is hard to come by in the current state of the cannabis industry. With the coronavirus taking its toll on all world stock markets, it seems as though now is a difficult time to be an investor. But, this does not mean that the potential of pot stocks is less than before. Rather, we have seen some of the most intri
American Green Board of Directors Orders Massive Reduction in Authorized SharesToday, American Green’s (ERBB:OTC) Board of Directors voted unanimously this past week to reduce the company’s authorized shares and it was ratified with a shareholder consent having a majority of the shareholder votes.  Prior to ERBB’s restructuring that took place duri
CLS Holdings Shares Corporate Response to COVID-19 and February Financial Results of its Nevada OperationsCLS Holdings USA, Inc. (CLSH)(CLSH)(“CLS” or “the Company”), a diversified, integrated cannabis producer and retailer, announced that the February 2020 gross profit of its Nevada operations increased by approximately 24% from last year, jumping
Tilray, Inc. Releases 11 Million Shares From Lock-Up AgreementTilray, Inc. (NASDAQ: TLRY) (“Tilray”), a global pioneer in cannabis production, research, cultivation and distribution, today announced that the Board of Directors of Tilray unanimously approved the pro rata release of 11 million shares of Class 2 common stock held by the former equity
Leafbuyer Technologies, Inc. Experiences Surge During COVID-19 OutbreakLeafbuyer Technologies, Inc. (“Leafbuyer” or “the Company”) (LBUY), a leading cannabis technology company, has experienced significant increases across its technology and marketing platforms since President Trump’s national emergency declaration on March 13, 2020.Since the decla
High Tide Reports First Quarter 2020 Financial Results Featuring 173% Revenue Increase over the Same Period of the Previous YearHigh Tide Inc. (“High Tide” or the “Company”) (HITI.CN) (HITIF) (2LY.F), an Alberta -based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis l
Village Farms International Announces Expansion of Pure Sunfarms’ Credit Facility with Existing Lender by up to $59 Million Village Farms International, Inc. (“Village Farms” or the “Company”) (TSX: VFF; NASDAQ: VFF) today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has expa
Village Farms International, Inc. to Host Earnings CallVillage Farms International, Inc. (VFF) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 31, 2020 at 8:30 AM Eastern Time.To listen to the event live or access a replay of the call – visithttps://www.investornetwork.com/event/presentation/
GW Pharmaceuticals and Greenwich Biosciences Announce FDA Acceptance of sNDA Filing with Priority Review for EPIDIOLEX® (cannabidiol) in the Treatment of Seizures Associated with Tuberous Sclerosis ComplexGW Pharmaceuticals plc (GWPH), the world leader in the science, development, and commercialization of cannabinoid prescription medicines, along w
Green Thumb Industries (GTI) to Open Rise Cranberry, Its 42nd Retail Location, on March 31Green Thumb Industries Inc. (GTI) (CSE:GTII) (GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise and Essence retail stores, today announced it will open Rise Cranberry, its 42nd retail location, on March 31.“We’re thrilled to
Koios Provides FQ2 2020 Summary Including Improved Financials and Updates Regarding New Developments Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the “Company” or “Koios”) hereby provides an overview of its financial status as at the end of its second quarter for the interim period ended November 30, 2019 (“FQ2 2020”), in addition to a summary of
Marijuana businesses and advocates are urging Governor Charlie Baker and state legislators to declare recreational marijuana shops "essential," allowing them to remain open during the coronavirus pandemic.Last week Governor Charlie Baker ordered all non-essential businesses to close or operate remotely.Liquor stores and medical marijuana dispensari
Charlotte’s Web Names David Panter as Chief Operating Officer (TSX: CWEB, OTCQX: CWBHF) Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”), the world’s most trusted hemp extract and market leader in hemp-derived cannabidiol (“CBD”) wellness products, is pleased to announce that David Panter has joined the Company as Chief Operating
Pot stocks have been dominated by the largest growers in the industry. Well then companies can be solid investments, there are other areas of the cannabis industry worth watching closely. The edibles industry is one that has been slowly taking off right under many investor’s noses. This is especially true in the Canadian market where edibles and co
1933 Industries Marks the Beginning of Continuous Cultivation in Nevada with Second Harvest of Cannabis Plants Underway1933 Industries Inc. (the “Company” or “1933 Industries”) (TGIF.CN) (TGIFF), a vertically-integrated cannabis consumer packaged goods company, is pleased to announce that it has begun its second harvest of cannabis plants from its
4Front Ventures Announces Management Changes, Updated Capital Plan and Strong Business Performance4Front Ventures Corp. (FFNT.CN) (FFNTF) (“4Front” or the “Company“) announced today that as part of its focus on continually increasing operational excellence, reducing capital and operating expenses, and achieving positive cash flow in the second half
The coronavirus has caused quite a big stir in the world financial markets as well as the cannabis industry in particular. With marijuana stocks shooting down and then back up very quickly, it is clear that now is an extremely volatile time for any investment. With that in mind, we as investors have a few options. For starters, owe can use this lap
Cronos Group Inc. to Report 2019 Fourth Quarter and Full-Year Financial Results on March 30, 2020 Cronos Group Inc. (CRON.TO) (CRON.TO) (“Cronos Group” or the “Company”) will report its 2019 Fourth Quarter and Full-Year Financial Results on Monday, March 30, 2020 after the close of trading on NASDAQ.The Company will host a conference call to discus
The Green Organic Dutchman Receives Health Canada Licence Amendment for its Ancaster Processing FacilityThe Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF), a leading producer of premium certified organic cannabis, is pleased to announce that it has received Health Canada’s approval for the licensing of the fina
HEXO Corp reports second quarter fiscal 2020 financial resultsKey Operating HighlightsNet Revenue increased 17% to $17.0M from $14.5M in Q1Adult-use grams and gram equivalents sold increased 57% to 6,579 kg compared to prior quarterProduction levels increased to 22,305 kg from 16,107 kg in the previous quarter.Expanded Original Stash market distrib
The coronavirus has been the cause for a large part of the pot stock volatility we have seen in the past few weeks. With this volatility, we have seen cannabis stocks shoot down in value by as much as 40% at the high end. While this has been the case, the past three days ending on March 26th, have resulted in extremely bullish sentiment in the cann
Take-out for weed? In the wake of coronavirus outbreak, OLCC is temporarily allowing marijuana retailers to do curbside delivery.Restaurants, coffee shops, bars, gyms and movie theaters have all been forced to close under Oregon Governor Kate Brown’s executive order, while many other types of business chose to shutter for the foreseeable future to
The state allowing pot shops to stay open despite a “stay-at-home order” that closed other businesses is “a sign of how far we’ve come on this issue,” one advocate said.Throngs of high-minded shoppers started flooding pot dispensaries when sales of recreational weed kicked off in Illinois at the start of the year.Less than three months later, that
Sundial Growers to Reschedule Fourth Quarter and Fiscal Full-Year 2019 Financial Results to March 30, 2020Sundial Growers Inc. (SNDL) (“Sundial” or the “Company”) announced today that it will reschedule the release of its fourth quarter and fiscal full-year 2019 financial results and investor conference call to allow for ongoing discussions with ou
The past few weeks have been extremely tough for those who invest in marijuana stocks. With that being said, now is a great time to begin working out a new trading strategy to better suit the future of the cannabis industry. But, as volatility takes its cold grasp on the marijuana market, it may be the time to consider what the future of the cannab
The cannabis industry has been extremely up and down over the course of the past three weeks. Although the coronavirus still seems to be very much in effect, it appears as though investors are becoming more and more comfortable with the idea of investing marijuana stocks. The past three weeks have been mostly filled with losses in the whole of the
AgraFlora Organics’ GTA Facility Receives Amendments Necessary to Launch CBD BusinessAgraFlora Organics International Inc.  (“AgraFlora” or the “Company”) (CSE: AGRA) (PU31.F) (OTCPK: AGFAF) is pleased to announce its wholly owned subsidiary Sustainable Growth Strategic Capital Corp. (“SGSC”), a federally licensed cannabis company based in the Grea
As the economic damage from the coronavirus pandemic piles up, U.S. cities and states are set to face significant lost revenue given the loss of business activity.But, as DataTrek Research’s Jessica Rabe writes in a note, “there’s a simple and effective solution for states and cities to help cover their huge budget shortfalls after the COVID-19 pan
A bill that would allow doctors at the U.S. Department of Veterans Affairs (VA) to recommend medical marijuana to military veterans would have zero fiscal impact, the Congressional Budget Office (CBO) said on Wednesday.Two weeks after the House Veterans’ Affairs Committee approved the Veterans Equal Access Act, sponsored by Rep. Earl Blumenauer (D-
The past three weeks have been quite bad for the cannabis market. With the effects of the coronavirus taking their toll, it has been almost a month of losses for the entirety of the stock market. The largest companies in the cannabis industry have shed more than 40% of their values in only a short period of time. With that being said, new updates t
Medical Marijuana, Inc. CEO Featured in Reuters Coverage Highlighting the Impact of COVID-19 on Cannabis Industry Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chain, announced t