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Aurora Cannabis Sees Huge Sales Increase In Q1 Earnings Release
Monday, November 12, 2018 - 11:16am | 329Aurora Cannabis Inc (NYSE: ACB) shares were down Monday after the Canadian marijuana company reported its fiscal first-quarter results. What Happened Aurora's Q1 print marks the company's first as a NYSE-listed company. The company said revenue rose more than 250 percent from a...
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A Marijuana Store And A Cannabis Dispensary: What's The Difference?
Friday, November 9, 2018 - 8:48am | 783The legalization of medical and adult-use marijuana in multiple U.S. states has brought marijuana dispensaries and cannabis stores to the streets of American cities like Los Angeles and Detroit. While the terms are often used interchangeably, the differences between the two are important to...
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Canada Post Admits Privacy Breach Of 4,500 Ontario Cannabis Store Customers
Thursday, November 8, 2018 - 3:53pm | 436The full legalization of cannabis in Canada was one of the most anticipated events of 2018 not just in Canada, but also in many other countries. The country continues to encounter challenges in the rollout of adult-use cannabis: after multiple reports that the legalization was met with shortages of...
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Aphria Updates: M&A With A German Pharmacy Chain, JV for Cannabis-Infused Products
Thursday, November 8, 2018 - 1:21pm | 368Canadian medical marijuana company Aphria Inc (NYSE: APHA) is expanding its footprint both internationally and with its portfolio. The company announced plans to acquire CC Pharma GmbH, a German distributor of pharmaceutical products. The deal is valued at the U.S. dollar equivalent of $55...
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Canada's Province Brands To Release Cannabis Beer In 2019
Wednesday, November 7, 2018 - 5:43pm | 368As many companies explore the potential of cannabis-infused beverages, Province Brands of Canada is going in a different direction and developing a beer brewed entirely from cannabis. Province announced Wednesday that it will release Cambridge Bay Imperial Pilsner, the world's first hemp-...
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Cramer Talks Pot Stocks After 'Yes' Votes In Michigan, Utah, Missouri
Wednesday, November 7, 2018 - 2:45pm | 425Cannabis stocks were trading mostly higher Wednesday after voters in Michigan OK'ed recreational marijuana, while medical marijuana measures were approved in Utah and Missouri. Investors who take this as a positive signal for every publicly traded cannabis stock may want to reconsider,...
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MediPharm Labs Hits 331-Pound Cannabis Extraction Milestone
Wednesday, November 7, 2018 - 12:43pm | 370Canada-based MediPharm Labs (OTC:MLCPF) announced Wednesday that it completed the purification and production of 150,000 grams — 331 pounds — of cannabis extract. This is a major milestone for the company, as it started daily production at the end of September after a Health...
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Michigan Poised To Become 10th State To Legalize Recreational Marijuana
Wednesday, November 7, 2018 - 2:35am | 866Voters in the Great Lakes State decided Tuesday to make Michigan Great Lakes Baked. Proposal 1, which would legalize recreational marijuana for adults 21 and older in the state, was headed for victory at the time of publication early Wednesday: 57 percent of votes were in favor of the ballot...
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The Latest In Cannabis-Infused Beverages: Marijuana Gin, Champagne And Rosé
Tuesday, November 6, 2018 - 5:15pm | 593The early stage cannabis-infused beverages market is making great progress. In addition to a number of deals signed by big alcohol and cannabis companies in Canada, several companies have been developing their own portfolios of CBD-infused beverages. The Australian business The Cannabis...
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Cannabis M&A: Terra Tech, Golden Leaf Holdings To Merge
Tuesday, November 6, 2018 - 3:56pm | 429Cannabis company Terra Tech Corp (OTC: TRTC) recently signed a letter of intent to merge with Golden Leaf Holdings Ltd. (OTC: GLDFF). Under the terms of the deal, a wholly owned subsidiary of Terra Tech will merge with Golden Leaf, with the new company continuing to be a wholly owned subsidiary of...
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India Globalization Capital Secures US Patent For Cannabis-Based Composition
Tuesday, November 6, 2018 - 2:00pm | 395India Globalization Capital, Inc (OTC: IGCC) was awarded a U.S. patent Tuesday on a cannabis-based composition for treating pain. The treatment includes cannabidiol, tetrahydrocannabiol and cobalamin. The substance can be used with a topical carrier such as shea butter and...
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Aurora Cannabis Boosts Retail Footprint With $20M Investment In Choom
Tuesday, November 6, 2018 - 12:49pm | 522Aurora Cannabis Inc (NYSE: ACB) is investing $20 million in Choom Holdings Inc (OTC: CHOOF). The investment is a non-brokered private placement of debenture with a four-year maturity date. It can be converted into common shares of Choom Holdings the U.S. dollar equivalent of 95 cents per share....
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Mexico Calls Ban On Recreational Cannabis Unconstitutional: Which Companies Stand To Benefit?
Thursday, November 1, 2018 - 11:44am | 630While Mexico began Día de Muertos celebrations, the country's Supreme Court offered a gift of epic proportions. The court ruled an absolute ban on the adult use of cannabis is unconstitutional. This doesn’t mean cannabis users south of the border can start lighting up in the...
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Molson Coors Expects To Launch Cannabis Beverage In 2019
Wednesday, October 31, 2018 - 3:04pm | 417Molson Coors Brewing Co (NYSE: TAP) shares are surging after the beverage maker reported a third-quarter earnings beat Wednesday. What Happened Molson Coors CEO Mark Hunter said he sees the Canadian cannabis drink market as a tremendous opportunity as the company looks to pioneer the category...
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Aphria: The Latest Cannabis Company Set To Begin Trading On The NYSE
Tuesday, October 30, 2018 - 9:33am | 510One more cannabis company has filed for listing on a U.S. exchange, following in the footsteps of Canopy Growth Corp (NYSE: CGC), Cronos Group Inc (NASDAQ: CRON), Tilray Inc (NASDAQ: TLRY) and Aurora Cannabis Inc. (NYSE: ACB). What To Know Aphria Inc (OTC: APHQF), a maker of medical marijuana...