Analyst Coverage

Why CBD Stocks Could Soon Skyrocket

You might have thought that 2019 would be a great year for cannabidiol (CBD) stocks. I certainly did. After all, hemp-derived CBD was legalized in the U.S. in December 2018, when the 2018 Farm Bill passed both houses of Congress and was signed into law by the president. But an ominous consumer warning by the Food and Drug Administration (FDA)…

Is hemp the product of the future?

Last week we discussed the amazing and fast-growing bamboo. This week we are going to discuss another fast-growing plant by the name of hemp. Hemp has been around for over 10,000 years and used during that entire time for various products. Many people associate hemp with marijuana and the psychedelic effects from THC. Although they belong to the same family…

The 10 Largest Canadian Marijuana Stocks

Though a lot of marijuana history has been made in recent years, most of it can be attributed to Canada, which became the first industrialized country in the modern era to green-light adult-use cannabis sales in October 2018. Despite the launch of recreational pot sales not going as planned — marijuana sales totaled only about 1 billion Canadian dollars (approximately…

‘To be expected’: Patience urged over limited supply of cannabis edibles

Cannabis retailers say the appetite for pot-infused edibles is outstripping the supply — and the provincial distributor can’t say when that will change. It’s a replay of what occurred a year ago when logistical and regulatory hurdles created a shortage of cannabis in stores, a bottleneck that led to a six-month halt on new pot shops being approved by regulator-wholesaler…

Canada: Illicit pot market still robust as prices beat legal sources

The difference between cannabis prices on the illicit and legal markets in the fourth quarter of last year widened slightly from the prior three-month period, according to new figures from Statistics Canada published Thursday. The average price of cannabis in the illicit market during the fourth quarter of 2019 was $5.73 per gram, slightly higher than the $5.65 reported in…

Super Anytime brings cannabis delivery, click-and-collect service to Manitoba

Ordering cannabis in Manitoba just got a whole lot easier. Super Anytime, what the company calls Canada’s first “on-demand, multi-retailer, e-commerce platform,” officially came online Wednesday, providing wider access to the province’s cannabis offerings all in one place. “We’ve been called something like Ritual or Uber Eats for weed, but we prefer an integrated marketing sales and performance channel for…

Supply can’t keep up with consumers hungry for edible cannabis

Finding edibles in Calgary isn’t a casual, chill affair. The newly launched way to ingest legal cannabis is flying off shelves across the city. Marijuana edibles became available in some stores across the city  more than a week ago. And for the first time since legalization, stores began to stock shelves with gummies, chocolates, cookies, mints and cannabis teas. And, of course,…

Marijuana Investors: 2 Powerful Trends to Track in 2020

The marijuana boom was supposed to happen last year. Investors expected the likes of Canopy Growth, Aphria, and Aurora Cannabis (TSX:ACB)(NYSE:ACB) to reach stratospheric heights in prosperity. Instead, the legal marijuana sector faced an enormously challenging year. Canadian investors saw both big and small names in the industry struggle. The three major cannabis producers tanked to devastating lows after climbing to…