After its public listing last October, shares in Canbud appear poised to move higher as it executes on its three-pronged business model: 1) Hemp for cannabinoids (CBD) production, (2) Mushrooms for both psychedelic pharmaceuticals and non-psychedelic nutraceuticals, and (3) Plant-based products. [more]
The cannabis industry continues to experience high growth and activity as legal NA markets reach record sales, amid the COVID-19 pandemic. As the U.S. moves closer to regulating cannabis federally, Canadian cannabis companies are seeking various strategies to take advantage of the new market. [more]
On September 17, 2019, Shopify announced expansion of its cannabis e-commerce platform to allow U.S. retailers to operate online sales of hemp and hemp-derived cannabinoid (“CBD”) products. [more]
Canopy announced the termination of Bruce Linton as co-CEO. Linton will also be stepping down as chairman and director of Canopy Rivers. [more]
The Government of Canada announced amendments to the Cannabis Act. This amendment focuses on peripheral cannabis products such as edibles, extracts, and topicals. [more]
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