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Cannabis Canada Daily: Supreme CEO says pot investing has hit inflection point

Pot investing ‘not just about hype anymore’: Supreme CEO The chief executive officer of Supreme Cannabis says that CannTrust Holdings’ ongoing regulatory scandal is shifting how investors view pot companies. “It’s going to separate good operators from the rest of the pack, because now you’re getting a lot of attention,” Supreme CEO Navdeep Dhaliwal told BNN Bloomberg Tuesday. “People are really…

Organigram Investing $15M in Chocolate Cannabis Production Facility

Organigram Holdings (TSX VENTURE: OGI) (OTCQX: OGRMF) is betting big on adult-use cannabis edibles with investing in a fully-automated production line having the ability to produce chocolate cannabis edibles. The parent company of licensed producer of cannabis Organigram unveiled plans to invest $15 million in the production line that could produce an estimated 4 million kilograms of chocolate cannabis edibles […]The post Organigram Investing $15M…

Investing $1,000 in Aurora, Canopy, and Cronos in 2016 would be worth this much today

Few industries have been kicking tail and taking names more so than marijuana. Having long been considered an illicit substance that was cast aside by legislators around the globe, cannabis is now a legitimate business model. Globally, over 40 countries have given medical marijuana the green light, with two (Canada and Uruguay) also allowing the recreational sale of the drug.…

Don’t overlook energy when investing in cannabis

Ancillary industries and sectors are primed to benefit from cannabis’ rise to prominence. Some examples include banking, packaging solutions, and real estate. One industry that is often overlooked but could play a huge role in the cannabis industry is energy. The U.S. cannabis industry is currently eating up more than 1% of all electricity each year. Keep in mind that…

Evolve Launches the World’s First ETF Investing in the U.S. Cannabis Industry: Evolve U.S. Marijuana ETF

TORONTO, April 16, 2019 /CNW/ – Evolve Funds Group Inc. (“Evolve“) is pleased to announce that it has filed its final prospectus to launch the Evolve U.S. Marijuana ETF (“USMJ“).  USMJ will be the world’s first ETF focused on the U.S. marijuana industry. Units of ticker symbol USMJ have been approved for listing on the NEO Exchange (“NEO”) and will begin trading on April…

Biome Grow is Investing in Atlantic Canadian Cannabis Sector

Toronto, Ontario (October 16, 2018) – Biome Grow Inc. is focusing on the Atlantic Canada region and investing in building strong Atlantic Canadian roots ahead of industry legalization on October 17, 2018. With approximately 390,000 square feet of production capacity in operation or under development primarily across Atlantic Canada, Biome is preparing to meet the high demand that is expected…