FREDERICTON, New Brunswick, Jan. 10, 2018 /Weed Wire/ – Opportunities NB held a media briefing today to discuss growth plans for cannabis industries. Cannabis services and products have been identified as a key opportunity for growth in the New Brunswick Economic Growth Plan.
Tag Archives: Growth
Colorado’s marijuana sales continue to rise, from more than $683 million sold the first year it was legal to more than $1.2 billion from January to October this year. But with more and more states legalizing recreational cannabis, will sales in Colorado suffer?
There’s a massive Canadian marijuana news story that we’ve been following for over a year here at Money Morning. The news could lead to the Canadian cannabis industry growing by 400% in just four years, and you can profit by getting in right now…
New Mexico’s booming medical pot program is undergoing changes that are intended to help alleviate growing pains, a state Department of Health official told lawmakers this week.
The stock of MedReleaf Corp. has recently outperformed those of other top marijuana stock players in Canada, and there could be further price gains going forward after the recently listed cannabis firm has found its footing and stopped the earlier quarterly revenue declines.
Marijuana companies should be careful in overselling how much growth will be achieved or what the prospects will look like for the industry. There is a recent example that cannabis investors would be wise to review, and that’s what happened with Freshii Inc..
Most interviews with Cam Battley — Aurora Cannabis Inc.’s zealous executive vice-president — inevitably yield considerable enthusiasm about the company’s outlook.
Over the trailing-12-month period through July 15, the average marijuana stock with a market cap in excess of $200 million — a dozen stocks in total, which excluded MedReleaf because it just went public a month ago — was up by 332%.
In this Cal Can Biz Expo interview, watch Kristen Fox, Editor-in-Chief of MJINews.com and Marijuana Industry News magazine, interview Sturges Karban, CEO of MJIC.
Canadian marijuana players have been rushing to invest and take strategic positions in the new Germany medical cannabis market since late 2016, and this trend is set to continue going forward.
Though there are a number of direct players in the industry, some of the most surprising growth can be seen in emerging industry players. One such name is Scotts Miracle-Gro.
Aurora Cannabis Inc. has been a favourite marijuana stock for some time. Should you be watching closely for an opportunity to buy the dip?
The Scotts Miracle-Gro Company has positioned itself to benefit from the rising support for marijuana without directly cultivating the plant itself, so as to avoid any legal repercussions.
A major Canadian medical marijuana player, Canopy Growth is a producer and retailer of medical cannabis products and oils in our neighbor to the north. It’s also the only other marijuana stock other than GW Pharmaceuticals to bear a $1 billion valuation.
Here’s a pot stock that should prove immune to the adverse political winds emanating from the nation’s capital as marijuana is transitioning in the public eye.
Aphria Inc (TSE:APH) is now the front-runner in the race to hit the billion-dollar valuation mark.
Three Canadian medical cannabis companies, which have been expanding their growth operations like crazy over the past couple of quarters, could be in line for significant sales growth if Trudeau’s legislation passes.
There is an opportunity for excess profits in the Canadian marijuana industry as the market is now in a position to expand at a very high rate, as Canadians have received confirmation that the potential legalization will become a reality.
Aphria Inc. has been soaring since its graduation to the TSX last month. The company now has a $1.1 billion market cap and could pass Canopy Growth Corp. with its $1.74 billion market cap over the next few months. There’s no question Canopy stock has slowed down when compared to its peers like Aphria and Aurora Cannabis Inc
Dano Keys of FlexMOD Solutions provides insight to the company’s sophisticated manufacturing system for cannabis production.
Chris Blake, Senior Portfolio Manager, TD Wealth, explains what investors need to know before buying marijuana stocks.
In the state of Colorado, retail marijuana sales have reached an all time high. According to The Denver Post, the legal marijuana industry brought in more than $122 million in revenue for the month of July, representing a 27 percent increase from the previous year.
Colorado’s fledgling marijuana industry — which, in the grand scheme of things, is just a tiny sliver of the economic pie chart — is backfilling retail sales losses.
A new report estimates that if Nevada legalizes adult use in November, the adult use market will experience explosive growth from 2016 to 2020.
IRVINE, Calif., May 6, 2016 /Weed Wire/ — iBrands (OTC PINK: IBRC) is pleased to announce the launch of “PUREST” product line of whole plant extraction CBD products.
Weekly CannaBit for the week of March 21, 2016: With all of the 2015 year-end data, and a strong opening to 2016, New Frontier has revised the medical and adult use market projections to reflect the market’s continued explosive growth.
On March 22, 2016, ArcView Market Research, in partnership with New Frontier, announced that it had released the 4th edition of the State of Legal Marijuana Markets, an in-depth report on market data for states with legal marijuana.
DENVER, Feb. 10, 2016 /Weed Wire/ — Colorado has released the cannabis industry sales report for 2015, with total sales reaching over $996 million, an increase of more than 42 percent over the previous year.
DENVER, Feb. 05, 2016 /Weed Wire/ — MassRoots Inc. (OTCQB:MSRT), one of the largest and fastest growing technology platforms for the cannabis industry, is pleased to announce it has crossed 775,000 users on its network.
On Feb. 3, 2016, the CNBC series The Pulse @ 1 Market released its interview with Leslie Bocskor, CEO of Electrum Partners, as a part of Althea Chang’s article, “Tech start-ups hope for marijuana sales growth.”
On Jan. 12, 2016, Tradiv, an emerging online cannabis wholesale marketplace, announced that Todd Palmieri would succeed founder Aeron Sullivan as Chief Executive Officer and serve on the company’s board.
Georgia Rep. Allen Peake has announced his plans to reintroduce a bill into the legislature that would allow CBD-only marijuana to be grown in the state for medicinal purposes.
NEW YORK, Dec. 9, 2015 /Weed Wire/ — What about MyDx, Inc. (OTCQB:MYDX) led investors to invest $7 million this year into the company’s plan to manufacture and sell home chemical analyzers?
KELOWNA, British Columbia, Dec. 7, 2015 /Weed Wire/ — Lexaria Corp., further to an earlier announcement, the Company announces the earlier disclosed forward stock split of 1.1 new shares for every existing common share held, is expected to be completed as per the following dates.
On Dec. 4, 2015, Giadha Aguirre DeCarcer, Founder and CEO of New Frontier, spoke to the Women Grow DC meeting. The message in a nutshell was that now is the time and cannabis is the place for entrepreneurship. She described her own story as an example of the unique opportunities afforded to women and men in a new industry
DENVER, Nov. 20, 2015 /Weed Wire/ — MassRoots, Inc. one of the largest and fastest growing social networks for cannabis consumers, is pleased to announce it will be releasing its new web interface on November 30, 2015, opening the public content on the MassRoots network to search engines for the first time.
KELOWNA, British Columbia, Nov. 18, 2015 /Weed Wire/ — Lexaria Corp. announces its Board of Directors has approved a forward stock split of 1.1 new shares for every existing common share held.
Weekly CannaBit for the week of Sept. 14, 2015: The number of patients participating in DC’s medical marijuana program has grown more than ten-fold from 362 in May 2014 to 3,948 in July 2015.
Two years after former Gov. Pat Quinn signed into law the Compassionate Use of Medical Cannabis Pilot Program Act, the state’s Department of Agriculture, responding to a request from the Associated Press, finally released its list of the seven companies that are allowed to grow medicinal cannabis.
MJ Freeway is no longer exclusively drawing comparisons to other cannabis companies. After growing at a rate of 205% over the past three years, the company was listed among companies such as Microsoft, GoPro, and Yelp, on the 2015 Inc. 5000.
DENVER, Aug. 26, 2015 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT), one of the largest and fastest growing social networks for cannabis consumers, is pleased to announce it has crossed a half million users on its platform.
DENVER, Aug. 18, 2015 /Weed Wire/ — Since 2010 MJ Freeway’s founders Amy Poinsett and Jessica Billingsley have created the leading software POS solutions company to run successful and compliant cannabis businesses in the nation.
Weekly CannaBit for the week of July 21, 2015: New Frontier analysts predict that in the next five years that the number of medical marijuana patients in the United States is going to double.
Having thick skin is a necessary asset when investing in the cannabis sector. Pity the over-the-counter small investor cautiously entering the cannabis sector, either the long-time advocate or someone who knows the product well from a personal standpoint.
If you can forgive the rather liberal stretching of the analogy here, there are a lot of correlations between cannabis as an industry and this key stage of human development.
Legal marijuana is already big business in America. Colorado alone sold more than $700 million worth of legal weed in 2014, its first full-year of legal recreational and medical sales.
Cannabis stocks are still working through their own issues. We saw several ridiculous press releases again that amounted to mostly nothing of value.
Bryon Jorgenson, who became the company’s COO in January, plans to extend existing success strategically, with a focus on continued and sustainable growth.
Cannabis stocks began the week with mixed action. Volumes continue to be lackluster and some of the recently pumped stocks have now been left to crater.
Volumes in the cannabis space were nonexistent. Not surprising given the general trend of Fridays and the day before a long weekend.