THC BioMed International, Ltd. (OTCQX: THCBF) (CSE: THC) Jumps 31% After Announcing Submission of THC Kiss Beverage to Health Canada For Approval

THC BioMed International, Ltd. (OTCQX: THCBF) (CSE: THC) is a Canadian licensed producer of medical and recreational cannabis and related products. The company is licensed with Health Canada to cultivate and sell dried cannabis, extracts, edibles, and topical products. THC BioMed is also the largest supplier of cannabis genetics within Canada. THC BioMed’s U.S.-listed shares jumped 31.11%, during trading on…

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Israel is a Major Player in Cannabis Technology. Why?

There are many reasons why Israel finds itself at the forefront of the cannabis industry – specifically cannabidiol or CBD – the chemical compound found in plants that can relieve anxiety, some seizures, and pain. The middle eastern country – which is about the size of the State of New Jersey – is home to the world’s largest facility for…

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Canopy Growth (TSX:WEED) Stock’s Drake Partnership Pushed Stock 13% Higher

Canopy Growth (TSX:WEED)(NYSE:CGC) stock may have bottomed. It rallied 12.7% soon after the company announced that it was partnering with Canadian rapper, Aubrey Drake Graham, to launch the More Life Growth Company, a fully licensed Toronto-based cannabis producer. Under the agreement, Drake will own 60% of More Life Growth Company, while Canopy Growth will own 40%. Drake has a wide…

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Aurora Cannabis (TSX:ACB) Faces a Tough Hurdle on the Road to Profitability

Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock is now down over 65% from its all-time high reached before marijuana was legalized across the nation. For value-conscious investors waiting for a decent entry point, now may be the time, as weak-handed investors continue to flee the stock over profitability concerns. Aurora versus the black market While Aurora does look to be on the road…

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Can Aurora Cannabis (TSX:ACB) Stock Rebound in 2020? 

Similar to nearly every other weed stock, Aurora Cannabis (TSX:ACB)(NYSE:ACB) has plummeted this year. The company has shed nearly two-thirds of its market value and is now trading at a two-year low.  The reason for this is clear: the first full year of legal marijuana sales in Canada haven’t worked out as anyone expected.  The new producers haven’t displaced the…

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Top Weed Stocks for 2020

It’s been a horrible year for legal marijuana stocks across the board. Collectively, the top three players have shed billions in market value and currently trading at less than half their price at the start of the year. Some smaller players are indeed on the verge of bankruptcy.  The outlook is dire and the industry is struggling to find its…

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Will Canopy Growth (TSX:WEED) Run Out of Cash Before it Becomes Profitable?

Early investors in Canada’s legalized marijuana market have been having a horrible year. Investor sentiment in the sector seems to have moved from exuberance to utter dismay within just a few months. Cannabis companies have shed billions in value while heads have rolled at the top.  Perhaps the biggest loser this year in absolute dollar terms has been the nation’s…

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3 Cannabis Companies Have Now Had Their Licenses Suspended by Health Canada This Year

It’s getting close to the one-year mark for the cannabis industry, and we’ve already seen multiple companies run into issues with Health Canada. Earlier this year, we even saw a cannabis company be the first to get its licence revoked. And yesterday, we learned that CannTrust Holdings (TSX:TRST)(NYSE:CTST) would also have its licence to produce and sell both medical and recreational…

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1 Big Problem for the Cannabis Industry

In order for the cannabis industry to be successful in Canada, Ontario is one place it’s going to have to do well. And so far, that hasn’t been the case. It’s been a roller-coaster ride for the industry, to say the least. Supply issues have limited the number of stores that have been up and running throughout the country, and…

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When Will the Big Canadian Cannabis Producers Become Profitable?

The cannabis industry hasn’t exactly been the most fun to watch as of late. With a market downturn already in the works, investors are a lot more wary to put their money into these companies that still have a lot to prove. The number one thing each has to prove? That it can produce profit. There have been a few…

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