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]
Canopy Growth, the largest cannabis company in the world based on market cap, reported full year earnings for F2020, with a 73% increase in revenue year-over-year, however, its bottom line reached over C$1 billion in losses due to restructuring initiatives, costing upwards of C$700 million. [more]
Country after country are criticizing the e-cigarette regarding health concerns and increasing prevalence of vaping activities in minors. [more]
Colorado reported US$1.5 billion in retail cannabis sales in 2018, compared with Canada which had only C$85.6 million of sales in May, annualized would equate to C$1.0 billion, for a population of 37.1 million – 6 times the size of Colorado! [more]
Canopy (NYSE: CGC; TSX: WEED) announced that it has received an extraction license from Health Canada for its KeyLeaf Life Sciences facility in Saskatchewan, which is expected to have an extraction capacity of 5,000 kilograms (kg) per day. [more]
On August 14, 2019, Canopy reported FQ1/2020 earnings, the first earnings report after the Company’s board terminated Bruce Linton, the previous CEO of the Company. [more]
The U.S. Federal government realized that new federal legislation was needed since the number of states with cannabis regulations in the past 5 years has grown from 8 legalized states in 2000 to more 30 states in 2019. [more]
Aphria reported FQ4/2019 earnings which beat analyst expectations, surprising the whole cannabis industry as the rest of the cannabis market has seen stock price decline for several months. [more]
The first cannabis ETF in the world has fallen more than 25% in share price since March 2019, but in contrast, the cannabis market has continued to be a highlight for numerous catalysts. [more]
Curaleaf Holdings announced a US$875 million acquisition that combines the largest public and the largest private multi-state operators in the U.S., which together will now operate 131 dispensary licenses, 68 operational locations, and 20 cultivation sites. [more]
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