North America

Wed
06
Feb

Is Aphria Inc. (TSX:APHA) the most volatile cannabis company?

Aphria (TSX:APHA)(NYSE:APHA) has seen its share of ups and downs on the market over the past few months. Of course, the market has been pretty volatile lately, and Canadian cannabis companies are relative newcomers on the scene. Some level of volatility is thus hardly surprising. Still, with a beta of 3.79, APHA has been more volatile than all of its main competitors.

By way of comparison, Cronos Group currently has a beta of 3.43, while Canopy Growth and Aurora Cannabis currently have betas of 3.0 and 1.16, respectively. Let’s review why APHA has been so volatile lately and what we can learn from it for the future of the Ontario-based cannabis company.

Wed
06
Feb

3 top marijuana stocks with serious hemp growth exposure

Canadian marijuana firms are going all out to increase their clout on the global cannabis market, and their recent forays into hemp production could further accelerate future revenue and profitability growth rates for the leading players.

The recently opened U.S. hemp market is expected to hit the US$22 billion mark by 2022, while Canadian hemp operations are expected to feed lower cost hemp cannabidiol (CBD) as an ingredient in wellness and medical cannabis products, thereby fuelling faster profitability growth.

Here are three top marijuana stocks with significant exposure to the hemp growth play.

Wed
06
Feb

5 key innovations driving the future of cannabis

It’s said that necessity is the mother of invention.

As cannabis breaks into the mainstream, the complex web of regulations surrounding the plant may well be what compels the industry to think outside the box.

Today’s infographic from Valens GroWorks highlights some of the most anticipated areas of technology-based disruption in “cannabiz” – the business behind cannabis.

 

Potential Industry Game-changers

As the cannabis industry grows, the business behind it must grow as well – and to get an edge, industry players are investing in new technologies and innovative practices that could be industry game-changers.

Wed
06
Feb

A gardening supply stock price grew by 21 percent last month thanks to marijuana

While marijuana legalization will certainly help increase the number of jobs in the cannabis industry, it can also benefit companies in adjacent industries. And you can look no further than Scotts Miracle-Gro to see the positive effects, writes Joseph Misulonas.

Wed
06
Feb

Pot for pets: Cannabis products for our furry friends increasing in popularity

Although accidental cannabis consumption by pets has spiked in many areas according to the American Society for the Prevention of Cruelty to Animals (ASPCA), companion animals are getting an intentional weed fix with increasing frequency.

More and more products for dogs, cats, horses and other domestic animals are showing up on store shelves, and some pet lovers are turning to pot to treat their beloved pets.

Wed
06
Feb

4 best marijuana ETFs for conservative portfolios

Investors are clamoring for ways to get in on a popular, but risky, marijuana-investing craze. Despite the reality that pot is illegal under federal law, many states have legalized the substance and plenty of marijuana ETFs have cropped up as a result.

For recreational use, Oregon, Massachusetts, California and a few more states allow marijuana use. Yet, the majority of U.S. states have medical marijuana legislation in the pipeline. Presently, with the legal disconnect between federal and state law regarding marijuana use, investing directly in U.S. marijuana ETFs and stocks is risky and replete with scams and fraud.

Wed
06
Feb

Liht Cannabis to officially launch skin care product line in mid-February

Liht Cannabis Corporation reports the company will launch on Feb. 13 its new and re-formulated whole body hemp health line, PureCloud 9, which will be available through the company’s new website and online store.

The site “will offer Canadians the opportunity to order product,” notes a statement from Liht, which invests in the medical and recreational cannabis space and whose operations currently include cultivation, production and dispensary locations in the U.S.

Wed
06
Feb

Pot without plants is the goal of new cannabis fermentation venture

A US$255 million deal to convert sugar into cannabis-chemicals is opening the door to an era of pot without plants.

Amyris Inc. already works with genetically modified yeast that excrete designer molecules to make sweeteners and skin-care products. Now it plans to use that fermentation technology to convert sugarcane syrup into the active ingredients found in marijuana, the California-based company said in a statement Tuesday. Those ingredients can be used in consumer products ranging from beverages to skin creams and deodorant.

Tue
05
Feb

Why Canopy Growth stock skyrocketed 82% in January

What happened

Shares of Canadian marijuana grower Canopy Growth (NYSE:CGC) gained a whopping 82.3% in January, according to data from S&P Global Market Intelligence

For some context, the S&P 500 (including dividends) returned 8% last month. Most of Canopy's peers also had great starts to 2019, with shares of Aurora Canabis, Cronos, and Aphria up 42.9%, 89.4%, and 53.6%, respectively. 

Canopy Growth stock gained 13.6% last year as well. Thanks to its powerful start to 2019, shares are up 118% for the one-year period through Friday, Feb. 1, versus the S&P 500's 2.2% loss.

Tue
05
Feb

The marijuana producer Aurora Cannabis is surging after its partner received a license that helps it get better quality CBD (ACB)

Aurora Cannabis surged more than 9% to $8.10 a share Monday after announcing that its extraction-technology partner Radient Technologies has received its Standard Processing License from Health Canada. Shares are trading at their highest level since November 7.

Aurora says Radient's proprietary-extraction technology can achieve much higher throughputs than is possible with existing benchmark technologies. It also has the efficiency and ability to preserve the full spectrum of cannabinoids and terpenes found in the source material, the company said.

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