Analyst Coverage

Kanabo to be Europe’s biggest public cannabis business after takeover

  London-listed marijuana business Kanabo (KNB.L) has struck a deal that it says will make it Europe’s biggest publicly traded cannabis company. Kanabo said on Monday it had agreed terms to buy the European operations of Canada’s Materia, a cannabis processor and supplier. Exact terms weren’t disclosed but Kanabo said the deal would be paid for through shares and subject…

Delta cannabis operations to utilize millions of square feet

The cannabis grow operations are located within the Agricultural Land Reserve   A large-scale greenhouse, that’s made the switch to cannabis, is finally entering the market with its first harvest. AgraFlora Organics International Inc. has a partnership with the huge Houweling Nurseries complex on 64th Street, an operation called Propagation Services Canada. Greenhouse owner Ruben Houweling and CEO Elise Coppens…

Former CannTrust leaders to make first court appearance following fraud charges

Three former executives of CannTrust Holdings Inc. are expected to appear in an Ontario court today as they face charges related to an unlicensed growing scandal. The cannabis company’s former chief executive Peter Aceto, former vice-chairman Mark Litwin, and former chairman Eric Paul each face charges of fraud, making false or misleading statements and authorizing, permitting or acquiescing in the…

Althea Canadian Subsidiary Inks Cannabis Deal

Australian medical cannabis company Althea Group Holdings Limited (ASX: AGH) says its Canadian subsidiary has signed a manufacturing agreement with another cannabis company in that country. The agreement is between Peak Processing Solutions and Delshen Therapeutics Corp’s wholly owned subsidiary 48North Cannabis Corp and involves Peak manufacturing four products for 48North’s Latitude brand. The products are: a CBD body lotion,…

Sixth Wave Commissions Pre-Production Affinity(TM) System

Halifax, Nova Scotia–(Newsfile Corp. – July 20, 2021) – Sixth Wave Innovations Inc. (CSE: SIXW) (OTCQB: SIXWF) (FSE: AHUH) (“Sixth Wave”, “SIXW” or the “Company”) is pleased to announce that it has completed the initial Design for Manufacturing (“DFM”) of its Affinity™ System (the “System”) and has given Advanced Extraction Systems Inc. (AESI), located in Charlottetown, Prince Edward Island, approval of the design and bill…

PBG BioPharma Inc. Receives Health Canada Cannabis Processing Licence

LEDUC, AB, July 19, 2021 /CNW/ – PBG BioPharma Inc. (“PBG” or the “Company”), is pleased to announce that Health Canada has issued the company a Standard Processing Licence under the Cannabis Act, allowing the company to begin commercial scale cannabis/hemp manufacturing operations immediately. The Standard Processing Licence allows PBG to process and/or sell cannabis/hemp derived ingredients including extracts, concentrate, and isolates…

Aleafia Health Launches Premium Cannabis Brand Nith & Grand

Nith & Grand tailored to cannabis aficionados with discerning taste, and will feature craft flower and premium concentrates Initial launch features TF Pink Kush Live Resin vape cartridges Strengthened product portfolio contributing to meaningful quarterly sales growth across all sales channels TORONTO, July 19, 2021 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”)…

Why Are Cannabis Stocks Down?

There are several reasons that could explain the drop, including Sen. Schumer’s acknowledgment that the current draft of the Cannabis Administration and Opportunity Act may not garner enough votes to pass in the Senate. Wednesday was a historic day for the marijuana industry with the unveiling of the highly-anticipated Senate bill that would federally legalize cannabis. Details of the draft bill,…

3 Top Cannabis Stocks to Buy for July

With warm weather upon us and people in the U.S. eager to make up for lost time from last year, it’d be a shock if marijuana sales did anything other than surge. Canny cannabis investors are, understandably, keen to cash in before the moment passes. It’s not enough to just buy shares of the fastest-growing cannabis cultivators, though. Quick growth…