North America

Mon
04
Feb

This football legend just made a big marijuana investment

The marijuana industry is flowering before our eyes. Having recently been considered taboo, the legal cannabis industry is no longer. The legalization of recreational weed in Canada this past October, coupled with the passage of the Farm Bill in the U.S., and roughly two-thirds of all states having passed some form of marijuana legislation since 1996, has legitimized the pot industry.

 

Cannabis investments are coming from some unlikely sources

With the cannabis industry now a valid business model, we're seeing an outpouring of investments and support from what would have previously been unlikely sources.

Mon
04
Feb

3 marijuana stocks to watch in February

February is going to be a big month for the marijuana industry. With Canopy Growth Corp  (TSX:WEED)(NYSE:CGC) expected to release earnings on February 14 and Aurora Cannabis Inc set to do the same on February 11, there’s a lot of news to keep up with. But there’s more than just earnings to look out for. Between Aphria Inc’s (TSX:APHA)(NYSE:APHA) hostile takeover drama and a new round of acquisition mania, there’s enough going on in this industry to keep investors’ hands full for 28 days. The following are just three marijuana stocks worth watching in the busy weeks ahead.

Fri
01
Feb

Origin House signs exclusive distribution agreement and provides strategic financing to Utopia Cannabis

The Company now has exclusivity on the complete suite of Utopia-branded products on its distribution platform.

CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF), a leading North American cannabis products and brands company, recently announced that the Company has agreed to provide additional strategic financing of US$750,000 to Utopia Cannabis, an award-winning California-based cannabis brand. The funds have been advanced towards the purchase of Utopia-branded manufactured products including cannabis flower, concentrate, edibles and PAX pods.

Fri
01
Feb

How the CBD craze might affect your wardrobe

No longer just for hippies, hemp fashion is experiencing a major comeback—thanks in part to the booming CBD market.

Fri
01
Feb

Insight Productions and lifestyle brand Civilized team up to develop cannabis-inspired programming

Insight Productions and Civilized have joined forces to develop diverse, new content for broadcast and digital platforms that champions and explores modern cannabis culture.

Effective immediately, the partnership will see Insight and Civilized develop multiple culture/lifestyle projects, including docu-series, cooking, science and business series, notes a statement issued by Civilized Worldwide, a digital media company and pioneering cannabis lifestyle brand with operations in both Canada and the U.S.

Fri
01
Feb

A cannabis producer just topped Apple as the favorite stock among millennials (ACB, AAPL)

 

More people own shares of the Canadian cannabis producer Aurora Cannabis than Apple on Robinhood, a free trading app popular among millennial traders, highlighting the “green rush” into marijuana by younger investors.

Fri
01
Feb

Bain veteran backs cannabis ‘Mini-Amazon’ with CBD beauty fund

A former partner at Bain & Co. is the latest investor trying to take advantage of the hype surrounding CBD, a non-intoxicating component of cannabis.

Jay Lucas, who worked at the Boston-based consulting firm for about a decade in the 1980s, has launched a $50 million fund focused on cosmetics and beauty products derived from hemp, a type of cannabis. The fund’s first investment was in Standard Dose, a brand and e-commerce site that strives to be a “mini-Amazon” for CBD, Lucas said.

Fri
01
Feb

Flowr to sell clone pot plants in home-growing push

Amid the rush to produce enough cannabis to meet demand in the early days of legal pot in Canada, one licensed producer realized its plant clippings could become a potential new revenue stream. 

Flowr Corp. (FLWR.V) announced Thursday it will soon make millions of its high-quality pot clone plants available for sale in Canada, a byproduct of cannabis plants from its Kelowna, B.C.-based grow facility. 

"This whole thing is a happy accident," Vinay Tolia, chief executive officer of Flowr, told BNN Bloomberg in a phone interview. "We realized early on that there was a vast need for this product." 

Fri
01
Feb

8 things everyone gets wrong about CBD

The past year has seen a surge of interest in marijuana’s CBD, a non-intoxicating cannabis compound with significant therapeutic properties. Numerous commercial start-ups and internet retailers have jumped on the CBD bandwagon, touting CBD derived from industrial hemp as the next big thing, a miracle oil that can shrink tumors, quell seizures, and ease chronic pain — without making people feel “stoned.” But along with a growing awareness of cannabidiol as a potential health aid, there has been a proliferation of misconceptions about CBD.

Fri
01
Feb

Cannabis retail tech companies to watch in 2019

Licenses for cannabis operators are multiplying as fast as the plants can be grown. According to Cannabiz Media, in the fourth quarter, the state of Connecticut doubled their dispensaries from nine to 18 and Oklahoma went on a license issuing frenzy. By the end of 2018, the Sooner state issued 805 dispensary licenses, 1,302 growers and 341 processors.

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