420 2019

Counting Down to 12:01 AM April 20 2019

This Colombian Girl-Boss Leads Medical Cannabis

Last year, Canopy Growth (TSX:WEED)(NYSE:CGC) announced the acquisition of the leading Colombian medical marijuana company, Spectrum Cannabis. According to an SEC filing dated February 14, 2019, Spectrum Cannabis owns 126 hectares of land on which Canopy Growth may cultivate legal marijuana. Spectrum Cannabis began as a family-owned medical cannabis company in Colombia following medical marijuana’s legalization in 2016. Post-acquisition, Bibiana…

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Health Canada Just Revoked the Licence of a Cannabis Operator: Is CannTrust (TSX:TRST) Next?

This week, we learned that Agrima Botanicals had its cannabis licence revoked, becoming the first company to lose its licence. Agrima first had its licence suspended last fall after regulators found that “unauthorized activities” had taken place. It’s a little unnerving for CannTrust Holdings (TSX:TRST)(NYSE:CTST) investors that might be wondering if their company might be facing a similar fate after…

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This Pot Stock Climbed 8% Last Week While Others Were Crashing

Concerns surrounding the safety of investing in the cannabis industry have recently come to the attention of investors. While pot stocks had a good month of January to start the year, they’ve struggled since then. With reports surrounding the possibility of write-downs coming for many companies and the recent CannTrust scandal, there are plenty of reasons why investors are spooked…

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3 Things to Watch on the TSX Index on Tuesday

Both the TSX and the S&P 500 finished higher Monday, despite the news China’s economy slowed to 6.2% growth in June — the lowest level in 26 years.    Heading into Tuesday’s trading, healthcare and tech stocks look popular with investors, while energy stocks are expected to continue to cool down on lower oil prices.  Here are three news stories to…

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How the New NAFTA Affects Cannabis Stocks

At the end of 2018, Canada, the United States, and Mexico agreed on new terms to replace the North American Free Trade Agreement (NAFTA). The new treaty, the Canada-United States-Mexico Agreement (CUSMA), establishes updated legal language surrounding trade tariffs, environmental and labour regulations, and intellectual property protections. Now that cannabis is considered a legitimate export for medicinal use, international trade…

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Should You Invest in Breath of Life International’s Weed Stock IPO?

Over the years, Israel has played a leading role in the development of medical marijuana. THC–the psychoactive compound in marijuana–was first isolated by Israeli chemists in 1964 and later developed by Israeli companies for use in their own country. After achieving popularity as a cancer treatment in the 1990s, THC was officially approved for export by Israeli authorities. Now, Israel…

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A $10,000 Investment in Weed Stocks at the Beginning of 2019 Is Worth This Much Today

Marijuana stocks have historically been a volatile bunch. This year, that tendency shows no signs of going away, as shares continue fluctuating wildly day in and day out. To a certain extent, the volatility in the weed sector is to be expected. After all, marijuana companies were emerging growth startups just a few years ago, and they’re still young enough…

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Better Buy: Aurora Cannabis (TSX:ACB) or Hive Blockchain Technologies (TSXV:HIVE)?

Cannabis and cryptocurrency are two of the biggest emerging industries this year. After last year’s $5 billion Canopy Growth Corp deal and this year’s Bitcoin comeback, both sectors are attracting speculative interest and making headlines around the world. Right now, crypto appears to be the hotter of the two, as marijuana stocks have been tanking after a series of disappointing quarterly reports.…

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3 Ways the CannTrust (TSX:TRST) Scandal Could Play Out

It’s not often you see a stock lose nearly half of its value in just one week. However, for CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) investors, that scenario became a reality last week as the stock took a beating on news that it was producing cannabis in rooms where it wasn’t yet licensed to do so. This was followed by the news…

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Here’s Why Cannabis Derivative Products Could Turn Out to Be the Next Big Thing

While still not legal yet within Canada for recreational consumption, the official legalization of cannabis derivative products appears to be right around the corner. In this post, I’ll explain why nearly 12 months after recreational cannabis legalization, the market for derivative applications like edibles, oils, beverages, and creams could prove to be absolutely mind-blowing. Last month, Health Canada released its…

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