Contraction Is the New Trend for Cannabis Stocks

A year ago, many investors in Canada’s cannabis industry were boasting of their incredible returns. Investors were doubling or tripling their money in a short amount of time on any company that planted a cannabis plant with a licence from Health Canada. Since a year ago, most of these same companies have been halved three times over. The broader Horizons…

Read More

Layoffs, Licences, and Losses: Inside CannTrust’s (TSX:TRST) Horrible Year

CannTrust Holdings (TSX:TRST)(NYSE:CTST) has been one of the worst-performing cannabis stocks of 2019. Down 78% year to date, it has dramatically underperformed the Horizons Medical Marijuana Index ETF, which tracks the cannabis sector has a whole. CannTrust’s 2019 slide has been driven by a series of unfortunate events, some of which call into question the company’s ability to keep selling cannabis.…

Read More

Micron Waste Technologies, Inc. (OTC Pink: MICWF) (CSE: MWM) Surges 27% After Obtaining Cannabis Research License from Health Canada

Micron Waste Technologies, Inc. (OTC Pink: MICWF) (CSE: MWM) is engaged in the development of waste treatment systems for cannabis and food waste. The company’s U.S.-listed shares surged 27.71% on Tuesday, August 27, 2019. Over the past month, Micron has seen an average daily volume of 38,990 shares. However, on Tuesday, 299,917 shares traded hands, equating to $59,980 in dollar…

Read More

Could the CannTrust (TSX:TRST) Scandal Give a New Government an Excuse to Ban Cannabis?

The conservatives were not in favour of legalizing cannabis, and the opposition government tried to do what it could to stall the legalization movement. Although it ultimately failed given the struggles we’ve seen in the industry within the first 12 months of legalization, an argument could be made that the conservatives and other opponents were right: the country wasn’t ready…

Read More

48North Cannabis Corp. (OTC Pink: NCNNF) (TSXV: NRTH) Jumps 32% After Announcing Strong Earnings Results, Receives Health Canada Cultivation License

48North Cannabis Corp.

48North Cannabis Corp. (OTC Pink: NCNNF) (TSXV: NRTH) is a Toronto-based, vertically-integrated cannabis company that is focused on the health and wellness side of the market. The company is continuing to develop its manufacturing and formulation capabilities for use in its own branded products. The company operates Good Farm, a 100-acre outdoor cannabis farm, which is capable of producing 40,000…

Read More