Navaya Inc., an innovative cannabis producer based near Laval in Boisbriand, has received its sales licence from Health Canada to sell dried cannabis products across Canada. The licence brings to fruition the goal set out by Navaya to deliver high yield, consistent quality cannabis, to all Canadians of legal age. The newly licensed producer will be launching its products at…
BC Craft Supply Co, a British Columbia-based wellness company advancing cannabinoid and psychedelic innovation, filed for temporary protection from creditors under Canada’s Bankruptcy and Insolvency Act while the cannabis company restructures. (Click here for Benzinga article) BC Craft’s stock, traded on the OTC markets, traded down Wednesday more than 35% on the news. The company warned investors back in August of “significant doubts”…
Forget everything you learned about investing in the past year. Last January, when meme stocks such as GameStop Corp. and BlackBerry Ltd. were soaring, retail traders who swapped investing ideas on Reddit message boards were talked about as the future of finance. Unprofitable growth stocks were some of the hottest investments to own, especially in the tech sector. And the more…
The Hash Corporation (CSE: REZN) (“HashCo” or the “Company”), a business focusing on the production of hashish and other premium cannabis products using the adaption of old-world traditions, is pleased to announce that its new co-branded product with Fritz’s Cannabis Company (“Fritz’s”), a family owned and operated legacy market edibles producer, has received a listing from the Ontario Cannabis Store (“OCS”). Developed…
Star Buds Cannabis Co. Granted Regulatory Approvals to Operate in Fourth Canadian Province with the Company’s 13th Store in Canada CordovaCann Corp. (CSE:CDVA) (OTCQB:LVRLF) (“Cordova” or the “Company”), a cannabis-focused consumer products company, is pleased to announce that it has received its cannabis retail license to open the first Star Buds Cannabis Co. store in the province of British Columbia. The…
Will Omicron lead to a rise in sales at cannabis shops in Kanesatake? It might be too early too early to tell, said Green Devil dispensary owner Clifton Nicholas. “I don’t know whether we’ve seen a big difference in numbers yet but I’ve definitely received more phone calls from people asking what our protocols are,” said the store owner. As…
The proponents call it the first in Canada. A unique food facility has opened in Mount Pleasant. West Blvd Cannabis has opened a micro-processing/cannabis manufacturing facility that specializes in food, specifically researching and developing new culinary cannabis products. “The location will host on-site palatability testing for new product development and educational events,” states a press release about the opening. The…
There’s plenty of opportunity for these stocks. Susan Dziubinski: Hi, I’m Susan Dziubinski with Morningstar. Cannabis stocks took it on the chin in 2021. Does that mean there may be opportunities here? Joining me with his perspective is Kris Inton. Kris is a strategist in Morningstar’s equity research team. Hi, Kris. Thank you for being here today. Kristoffer Inton: Thanks for…
Week in Weed: Canadian serial entrepreneur Bruce Linton is unapologetically blunt, China’s ancient taste for cannabis, and is this the first U.S. senate race ad featuring pot? The Special Access Program by Health Canada was launched last week, giving Canadians access to restricted drugs and psychedelics treatments. But before anyone celebrates, there’s a catch. The access is for emergency treatments and…
BioHarvest Sciences Inc. (CSE: BHSC) has announced its plan to build a production facility in Canada, as part of the next phase in the global expansion of its Cannabis vertical. To that end, the Company is exploring opportunities to acquire an existing licensed facility or a Licensed Producer (LP), which would enable the Company to use its BioFarming technology to…
Surplus inventory involves facilities in California, Kentucky and Massachusetts, as well as Ontario, Canada. Liquidation represents buying opportunity for companies in cannabis, pharmaceutical, cosmetics and other industries. Tiger Group is selling over 55 million pieces of brand-new hemp CBD wellness products, packaging and related accessories in a major liquidation event. Worth a total of approximately $15 million at cost, the inventory is available…
Opportunities continue to crop up for a Manitoba-based hemp company that tapped into an innovative program to bolster its international reach. Better Hemp Company has grown a solid reputation by selling foods made from homegrown hemp seeds. The bustling business made its first sales to South Korean companies in 2017. After that, the customer base grew to include Canada, the…