Marijuana Business News

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stocks
business
Wed
19
Sep

Cannabis auto-grow tech startup Seedo raises $2 million

Seedo, listed as Eroll Grow Tech Ltd, the developer of what it calls the world’s first fully-automated grow device for medical cannabis, announced that it raised $2 million from Cannabics Pharmaceuticals, a US-Israeli company that develops personalized cannabinoid medicine focused on cancer and its side effects.

Seedo says its at-home growing device, which looks similar to a mini-fridge, is managed and controlled by an AI-powered algorithm and monitored via a smartphone application. Seedo holds a medical cannabis R&D license from the Israeli Health Ministry.

Wed
19
Sep

Canopy Growth Corp vs. HEXO Corp: Which marijuana stock will be the cannabis beverage king?

As the launch of the recreational marijuana market in Canada approaches, investors are trying to figure out which cannabis stocks will eventually dominate the sector.

Tue
18
Sep

3 of the cheapest pure-play marijuana stocks

These pot stocks offer a nice blend of growth and value in an otherwise pricey industry.

Tue
18
Sep

Most Canadians don't know where to buy marijuana on October 17

Businesses and customers across the country are gearing up for the legalization of recreational marijuana on October 17. There’s just one problem: most potential customers don’t know where to buy it.

Tue
18
Sep

Shopify stock set for new heights on back of marijuana legalization

Several Canadian provinces have picked Shopify to run their e-commerce websites and the company has also signed deals with marijuana companies.

As recreational cannabis becomes legal in Canada starting next month, Shopify Inc. is emerging as the place to get it. For investors, that means there’s potential for the e-commerce company to smoke expectations.

Several Canadian provinces have picked Shopify to run their e-commerce websites and the company has also signed deals with marijuana companies including Canopy Growth Corp., KeyBanc says. Cannabis is an “opportunity no one is talking about,” analyst Monika Garg writes.

Tue
18
Sep

Home delivery for medical marijuana? Michigan regulators consider it

It may not have a 30-minute guarantee, but medical marijuana patients may be able to get home delivery of their weed later this year.

The Michigan Department of Licensing and Regulatory Affairs held a public hearing Monday on proposed rules governing medical marijuana. The biggest change in the rules is allowing for home delivery of cannabis for people with medical marijuana cards.

It’s an issue that has been contemplated by state regulators for months. “Now that the (Bureau of Medical Marijuana Regulation ) has had enough time to research the issue, we’ve decided that it is a benefit for the state’s patients and it can be done in a safe manner,” said David Harns, spokesman for LARA.

Tue
18
Sep

Pot stocks jump after report says Coca-Cola and Aurora in talks to brew marijuana-infused drinks

Marijuana stocks soared Monday after a report yet another beverage giant is looking to get into the industry — and this time it was the biggest beverage company of them all.

Tue
18
Sep

5 Canadian cannabis targets for the big beverage industry

The legal cannabis market represents a significant opportunity and the increased increase from beverage companies (alcoholic and non-alcoholic) has been a catalyst for the entire sector.

The increased interest from beverage companies has led to an influx of questions from our readers and today, we want to highlight 5 companies that represent potential acquisition targets.

1. Aurora Cannabis: An Acquisition Target

Yesterday, Aurora Cannabis (ACB.TO) (ACBFF) surged higher after BNN Bloomberg reported that the global cannabis producer was having serious discussions with The Coca-Cola Co (KO). This announcement served as a catalyst for the cannabis sector and we are monitoring this development.

Tue
18
Sep

Could marijuana give wine a run for its money?

In competition for 'inebriation dollars' as pot use gets wider legal nod in US, some big drinks firms are investing big bucks in cannabis trade. Could marijuana knock wine off its throne?

As pot use - medicinal but especially recreational - is legalised in more US jurisdictions, an unusual relationship is becoming increasingly apparent between the wine and cannabis industries. There is symbiosis but also competition, often with a whiff of humour.

Tue
18
Sep

Massachusetts' first recreational marijuana sales could be days away

More than two months after recreational marijuana sales became legal in Massachusetts, the first wave of retailers is still working to open to the public. But the first sales could happen soon.

Eleven potential marijuana shops are awaiting site inspections, the last step before they can seek final approval of their business license applications from the Cannabis Control Commission, Massachusetts’ marijuana authority.

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