Canopy Growth Corp. seems to have lost its market lead in adult-use cannabis in Canada, GMP Securities said Friday. Analyst Ryan Macdonell slashed his stock price target to C$45 from C$65, after the company reported earnings for its fiscal first quarter that were mostly below expectations. But the company’s setting aside of a C$6.4 million provision against oil and gelcaps…
CALGARY , July 31, 2019 /CNW/ – High 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 lifestyle products, today announced that the Canna Cabana retail store located at Unit A, 10310 100th Avenue in the city of Fort Saskatchewan (the “Fort Saskatchewan…
The recent wave of adult-use marijuana legalization across the U.S. has the potential of generating $22 billion in annual sales, but not everyone is thrilled about this development. New research that will soon be published in the Marketing Science journal shows that the alcohol industry is likely to take a hit once marijuana is legalized. The research was done by…
VANCOUVER, British Columbia, May 30, 2019 (GLOBE NEWSWIRE) — Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) has received its first purchase order from Société Québécoise du Cannabis (SQDC) to supply its cannabis products to the Quebec recreational cannabis market. Emerald is scheduled to fulfill its first shipment the week of June 3rd. “We are pleased to have the…
Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), a leading licensed producer of cannabis, today announced that its recreational cannabis plants and growing processes have been certified organic with Pro-Cert Organic Systems Ltd. According to the update, Pro-Cert is one of North America’s foremost certification bodies and is IOAS accredited to provide third party certification to Canadian Organic Standards. Organigram’s organic strategy…
MONCTON, NB , May 31, 2019 /CNW/ – Organigram Holdings Inc. (OGI) (OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce its recreational cannabis plants and growing processes have been certified organic with Pro-Cert Organic Systems Ltd. (“Pro-Cert”). Pro-Cert is one of North America’s foremost certification bodies and…
Medical marijuana and recreational marijuana are two high growth sectors in the cannabis industry. Learn about how the two differ, and how you can get into the market. READ MORE: https://finance.yahoo.com/m/e7606677-0869-3771-83ed-d46420bd7283/understanding-medical.html?.tsrc=rss
City View Green Holdings (CSE: CVGR) is on a mission to become a leading purveyor of medicinal and recreational cannabis that provides an exceptional customer experience. In line with this goal, CVGR has secured a master grower and expert extraction team. An article discussing the company reads, “CVGR is working within this quickly growing industry to help curate the cannabis…
The report goes on to say State Michael Dembrow, a Democrat from Portland, said oversupply has left the state with enough marijuana to last nearly seven years. He said managing the amount of marijuana produced could prevent the product from slipping into the black market. Senate Minority Leader Herman Baertschiger Jr., a Republican, said the state should instead let the…
Opinion Editorial – by Andrew Shaw The third reading of C-45 is passed and the ‘Yays’ have it – Now it’s a time of deep thought for policy makers. Listening to the third reading of C-45 in the senate – it’s clear to me our sober-second-thinkers have been sincerely trying to wrap their heads around the whole business of marijuana…
MONCTON, NEW BRUNSWICK – (May 15, 2018) – Organigram Holdings Inc. (TSX VENTURE:OGI) (OTCQB:OGRMF) (the “Company” or “Organigram”), a leading licensed producer of medical marijuana based in Moncton, New Brunswick today unveiled their Phase 1 branding strategy for the adult recreational market in Canada. Organigram’s unprecedented recreational portfolio will be officially launched once adult use recreational cannabis is legal in…
Canopy Growth drives revenue with 94% increase in recreational dried cannabis sales in first quarter of fiscal 2020 READ MORE: https://finance.yahoo.com/news/canopy-growth-drives-revenue-94-210100355.html?.tsrc=rss