2 Top Marijuana Stocks To Watch For 2020 Marijuana stocks have had an interesting year so far. In 2020, we have seen quite a lot of volatility in the cannabis industry. This includes popular pot stocks like Canopy Growth Corp. (NYSE:CGC) and Aphria Inc. (NYSE:APHA) as well as less popular pot stocks like Planet 13 Holdings Inc. (OTC:PLNHF). Although the year did…
The almost four-week-old Dominion strike is turning into a major buzzkill for cannabis enthusiasts in central Newfoundland, who have been left with no retail outlets for miles. Dominion was granted the only two initial retail licenses for cannabis sales in the central part of the province, and the store’s contract dispute with Unifor Local 597 has led to the closure…
A brand new facility responsible for receiving and distributing Ontario’s cannabis has opened its doors in Guelph. While the facility has not been formally announced, Ontario Cannabis Store has already started recieving product, according to Daffyd Roderick, a spokesperson for the store. Roderick said the Ontario Cannabis Store sold 14 million grams of cannabis to Ontario’s licensed retailers last quarter, flowing through their…
Will These States Legalize Cannabis in 2020? When the presidential election occurred in 2016, it was big news for the cannabis industry. While President Trump was not himself a proponent of cannabis, many states chose to legalize marijuana. In total, eight states passed legalization measures for marijuana. As we approach another election season, analysts are hoping that more states will legalize…
All outdoor marijuana crops have the potential to be destroyed by one or two of the various problems lurking in the wilderness, unlike indoor growing where plants are protected. In checking on the crop, make sure to keep an eye on the little details that will spell trouble later. There are a few different things to look for: Aphids An aphid…
Guelph will soon be home to the provincial distribution centre for legal cannabis. The Ontario Cannabis Store (OCS) distribution centre is relocating to Guelph from its Oakville location as the cannabis industry rapidly grows. “We have begun the process and we are looking to have the Guelph facility operational in early October,” said Daffyd Roderick, senior director of communications and social…
Canopy Growth Corp. and Martha Stewart are starting their joint bid to break into the CBD market, betting that curated flavors and her celebrity name will bring the ingredient to a new demographic. Use of CBD, which companies promote as a natural way to mitigate anxiety or manage pain without the high produced by cannabis, has exploded in recent years…
Which of These Pot Stocks to Watch is Showing the Most Momentum? As of midday on September 9th, marijuana stocks are rallying. This rally is not limited to marijuana stocks, however, as the majority of the stock market has shown bullish momentum. But, with so much focus on Canadian and U.S. marijuana stocks, how can we decide which to invest in? On…
One of the biggest challenges that cultivators, processors and distributors face in doing business is the requirement to track the product at every step in the production process, from seed to sale. When you add the wide range of label sizes and requirements across the supply chain, labeling can feel overwhelming. While business systems such as METRC, BioTrack, MJFreeway and…
Led by surging cannabis sales, farm cash receipts in the first half of the year bucked the general decline caused by the coronavirus. Receipts of $16.7 billion increased 5.2 per cent over 2019, says the Statistics Canada report. Without a 62 per cent increase — $685 million — in cannabis sales, farm cash receipts would have increased a mere .8…
Oversupply, pricing headwinds, inventory writedowns, and retail store closures due to COVID-19 containment measures — these things and more have meant a tough year for the legal marijuana market worldwide. Since the beginning of January, the Horizons Marijuana Life Sciences ETF (TSX:HMMJ) is down 27%. That is an abysmal performance compared with the S&P 500, which is up more than 6% during the same…
Despite the fact that we’re living in the heyday of digital media, paper consumption is actually on the upswing — in the last 20 years alone, it’s risen 126 percent. About 208 million tons of paper are used worldwide each year and many of these paper products are used once and then thrown away. In the United States, for example,…