In the cannabis industry, there are behemoths and smaller marijuana stocks. While both have their own value points, investors tend to focus on the bigger pot stocks first. Without a doubt, it is a tough time to invest in marijuana stocks. But, for anyone who has been watching the industry in the past few months, they know that it has…
In 2011, Dollar Shave Club burst onto the scene. The company was at the forefront of a group of new brands leveraging a direct-to-consumer (“D2C”) model, whereby brands would bypass retailers and sell directly to their fan base. Manufacturing, marketing, selling, and shipping was all executed in-house. The strategy worked. In 2016, Unilever bought Dollar Shave Club for $1 billion in…
A few years ago, Canada was set to become the industry leader for all things marijuana. But with so many marijuana stocks and a bustling cannabis industry, many believe that the market is not nearly where it should be at this point. There are several contributing reasons as to why the country did not overcome the U.S., which are worth…
Prince Edward Island required its four licensed cannabis retail locations to take protective measures when they reopened May 22, but wearing masks was reportedly not among them. Beyond allowing only “limited access,” namely restricting the number of location occupants, mandatory measures in PEI Cannabis stores included having physical distancing both inside and outside stores, general screening regarding compliance with self-isolation…
Reliva had been trying to raise venture-capital money at a $40 million valuation before taking that amount in Aurora stock for acquisition The courtship between Aurora Cannabis Inc. and Reliva began, as many such romances do, at a gathering of industry bigwigs and bankers. It was not quite love at first sight. Well ahead of the first meeting at…
The Manitoba government is moving forward on its plan for an open and competitive cannabis retail market, Crown Services Minister Jeff Wharton announced Friday. “We are pleased to open the market further by allowing more retailers to apply for retail licences,” said Wharton in a press release. “This move will enable local entrepreneurs to create jobs and support Manitoba’s…
As states move to reopen after the coronavirus shutdowns, dispensaries in parts of the country that failed to declare them essential businesses will also start serving their first in-person customers in weeks. In Massachusetts, where dispensaries took legal action over the closure of their businesses back in April, Governor Charlie Baker unveiled his plan for the state’s gradual reopening. Starting…
As Summer fast approaches, it seems as though gains are continuing to enter into the cannabis industry. Prior to this month, the coronavirus was doing a great job wreaking havoc on marijuana stock prices. But in the past few weeks, we have witnessed some real positive sentiment enter into marijuana stocks. While part of this is due to increased demand…
Indiva Limited (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce that it has secured distribution rights to ship its premium cannabis products to New Brunswick and Manitoba. These two new agreements extend Indiva’s distribution network to eight provinces. Indiva’s first shipments to Manitoba include INDIVA™ pre-rolls and THC capsules, and Bhang® Chocolate. Indiva expects that INDIVA™ and Bhang® products will be available…
Cannabis curbside pick-up and delivery will continue as part of the Province’s decision to extend COVID-19 emergency measures by another 10 days. On Tuesday, the province announced all emergency orders that have been put in place to date under the Emergency Management and Civil Protection Act had been extended until near the end of May. This includes special provisions extended to cannabis retailers…
Cannabis retail stores are coming to Nunavut, the territorial government announced on Tuesday. They will begin accepting retail applications on June 1. The territory that nearly 40,000 people call home passed its Cannabis Act in June 2018, but only two companies — Canopy Growth and AgMedica Bioscience Inc — have been permitted to sell their products since then, with customers…
Before COVID-19 took over the headlines, one of the hottest topics was the cannabis 2.0 opportunity in Canada. Cannabis 2.0 refers to a change in the regulations in Canada that allows for the sale of cannabis derivative products (i.e. edibles, drinkables, vape pens, concentrates, salves, and more). There are a number of reasons to be excited about cannabis 2.0 and…