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5 Marijuana Stocks With the Most Cash in 2020

It’s pretty safe to say that last year did not go as planned for a majority of marijuana stock investors. The belief had been that cannabis stocks would push decisively into the green, led by skyrocketing dried cannabis sales in Canada, the subsequent launch of derivatives, and more legalizations in select U.S. states. But supply issues constrained legal product in…

Local cannabis stores in Manitoba waiting for resupply of edibles due to Christmas rush, supply issues

Some local cannabis stores are waiting for a resupply of edibles after brisk sales over Christmas of the new product left their shelves low on stock. The initial rollout of cannabis also faced supply issues. Instead of a lack of product grown, however, this time the culprit is more due to the fact Health Canada did not even start looking…

‘A harsh drop to reality’: Why 2019 was a horrible year for pot stocks

2019 was supposed to be a banner year for the cannabis industry. It turned to be anything but. The legal cannabis industry here in Canada kicked off the year with lofty expectations. It seemed that finally, policymakers had created a regulated environment that could see products compete with — and hopefully eliminate — the illicit market while ushering in an…

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Another Day, Another Dollar, Another Down-Round for HEXO and TGOD

Opinion Editorial, Cannabis Daily Staff Writer – Toronto, Dec. 26, 2019 As the anno horribilis for cannabis companies and investors comes to a close, it’s important to remember that for some, the pain isn’t over. HEXO’s latest announcement of a US $25.0 million direct placement of 14,970,062 common shares at US$1.67/share with institutional investors, which is expected to close Monday,…

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Interview – Carl Saling, CEO & Co-Founder of Hollister Biosciences (CSE:HOLL)

Introducing Hollister Cannabis Co. Famous Easy Rider Town Hollister California Now Boasts a Rebel Cannabis Company By Andrew Shaw, Publisher of Cannabis Daily The riot at the original 1947 motorcycle rally in Hollister California was the basis for the 1953 film The Wild One which forever marked the town as the birthplace of American Motorcycle culture. The town and its namesake are rumbling…

Yukoners buy the most legal pot per capita from retail stores in Canada, study says

Yukoners led Canadians in buying the most legal pot per capita from retail stores in the first year of legalization, according to a study released by Statistics Canada. The report on retail pot sales in Canada — online or in person — shows that between October 2018 and September 2019, Yukoners spent an average of $103 per person, generating $4.2 million in total sales. Prince…

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Hollister Biosciences Inc. and ER71 USA Inc. “Easyriders” Enter into Letter of Intent for Proposed Joint Venture Agreement

VANCOUVER, Dec. 12, 2019 /CNW/ – Hollister Biosciences Inc. (CSE: HOLL, FRANKFURT: HOB) (the “Company“, or “Hollister“), a California based cannabis and hemp branding company with a vision to be the sought-after premium brand portfolio of innovative, high quality Californian-grown cannabis & hemp products and ER71 USA Inc. (“Easyriders“) an iconic brand with millions of followers globally, are pleased to announce that they have entered into a letter of intent (the “LOI“) to…

Government hopes B.C. cannabis revenues will rebound

The B.C. government hopes weak cannabis sales will rebound as the province reaches a “critical mass” of public and private stores in the coming months, says the minister responsible. Solicitor General Mike Farnworth said he’s not worried that the most recent second-quarter financial update shows cannabis revenue $18 million below the projected $38 million from the provincial share of the…