Is Colombia Poised to Become the Saudi Arabia of Cannabis?

The strife-torn South American nation of Colombia has embarked on an ambitious undertaking to reinvigorate its weak economy and reduce its dependence on oil by becoming a leading global producer of medical marijuana products. For a wide variety of reasons, this may not be as daunting as it seems. Colombia, by virtue of its equatorial climate and natural diversity, possesses…

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48North Cannabis Corp. (TSXV: NRTH) Gaining 16% After Accelerating Warrant Expiry Date, Discloses Total Gross Proceeds of C$13.57 Million

48North Cannabis Corp.

48North Cannabis Corp. (TSXV: NRTH) is engaged as a Canadian vertically-integrated cannabis producer, which focuses on the health and wellness side of the market. The cannabis company has two indoor cannabis cultivation licenses from Health Canada, which encompass 86,000 sq. ft. of production capacity. 48North Cannabis is also awaiting Health Canada approval to begin cultivating a 100-acre organic grow operation.…

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Is This the Shopify (TSX:SHOP) of Legal Marijuana?

Since legalization last year, marijuana stocks have been on an unprecedented growth spurt. The combined valuation of all the stocks in the industry has ballooned multiple times since the bill was first introduced in parliament. However, as investors have poured billions into the top producers and sellers, savvy entrepreneurs have been working on building the infrastructure the ecosystem desperately needs.…

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Up 378% This Year, How a Cannabis Producer Is Planning to Tap Into the $22 Billion Global CBD Market

Up until very recently, Village Farms International (TSX:VFF)(NASDAQ:VFF) was simply one of the largest and longest-operating vertically integrated greenhouse growers in North America, not to mention the only publicly traded greenhouse produce company in Canada. Yet thanks to the company’s recently announced joint venture (JV) project with Emerald Health Therapeutics, this small-ish company, which, in 2017, only generated US$158 million…

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Why Did CannTrust Holdings (TSX:TRST) Stock Fall 19% on Thursday?

Marijuana stock CannTrust Holdings (TSX:TRST)(NYSE:CTST) traded sharply lower on March 28 after the once highly profitable cannabis firm released fourth quarter and full-year 2018 results before market open in the morning that shocked the loyal investing public. Shares closed 19% lower, and the big question is whether the latest set of financial results was disappointing enough to justify such a large…

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Why Is This Cannabis Stock Up 62%?

Despite having a share price of just $0.23 in 2015, OrganiGram Holdings Inc (TSXV:OGI) stock has quickly risen to a market cap of more than $1.3 billion. Since the start of 2019, shares are up another 62%. Now with a valuation that rivals other notable pot stocks like Green Organic Dutchman Holdings Ltd (TSX:TGOD) and Hexo Corp  (TSX:HEXO), why do shares seem…

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Aurora Cannabis (TSX:ACB) Hires Billionaire Advisor: This Is Why You Should Care

Will the fortunes of Aurora Cannabis (TSX:ACB)(NYSE:ACB) rise with activist investor Nelson Peltz joining the cannabis producer? It’s still early to tell whether the hiring will bring positive vibes, although Aurora is up 3.03% from last week’s closing. Investors were shell shocked by the unified drop of cannabis stock prices in December. Many didn’t expect the share price of Aurora…

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