Tag Archives: TSX

Marijuana Index Gains on Strength of Canadian Cannabis Stocks

Marijuana Index Gains on Strength of Canadian Cannabis Stocks

Marijuana Index Gains on Strength of Canadian Cannabis Stocks

A healthy day of trading for Canadian cannabis stocks led the North American Marijuana Index to gain several points over Monday’s 169.07 close.

Aphria Stock Soars Following Announcement of Medical Cannabis Deal With Shoppers Drug Mart

Aphria Stock Soars After Announcement of Cannabis Deal With Shoppers Drug Mart

Following market close on Dec. 4, 2017, Aphria Inc. (TSX:APH), an Ontario-based licensed producer of medical cannabis, made headlines when it announced that it had entered into an agreement to be the medical cannabis supplier for Shoppers Drug Mart, a Canadian pharmacy chain.

Most Canadian Cannabis Producers Expect Consolidation of Competition

Most Canadian Cannabis Producers Expect Consolidation of Competition

While Canadian cannabis producers are preparing for the country’s roll out of recreational cannabis, they are also preparing for a potential shift in the market’s landscape.

Cheek Swab Test Can Now Determine If Marijuana Treatment Is Right for You

Cheek Swab Test Can Now Determine If Marijuana Treatment Is Right for You

A large marijuana producer is hopeful that Canadian physicians will use a new test to help patients determine whether medical marijuana treatment would be effective for them.

Can Any Other Cannabis Stock Measure Up to Canopy Growth Right Now?

Can Any Other Cannabis Stock Measure Up to Canopy Growth?

Shares of Canopy Growth Corp. (TSX:WEED) have climbed a stunning 53.8% month over month as of close on November 1. With all of this in mind, has Canopy established itself as the premier cannabis stock for Canadians?

Beer Distributor’s Play for Cannabis Beverages Amps Canadian Company’s Stock

Beer Distributor’s Play for Cannabis Beverages Amps Canadian Company’s Stock

Drinkable cannabis has been on the rise since the advent of states in America with recreational marijuana legalization and now that Canada is on the brink of implementing recreational legalization, a recently announced strategic relationship has the future of Canadian cannabis beverages looking bright.

Tweed JA

Canopy Growth Increases International Footprint by Expanding into Jamaican Medical Market With the Introduction of Tweed JA

SMITHS FALLS, ON and KINGSTON, JAMAICA, Oct. 25, 2017 /Weed Wire/ – Canopy Growth Corporation (TSX: WEED) is pleased to announce that it has launched a strategic partnership in the Jamaican cannabis market as part of its ongoing international expansion.

Are Canada’s Licensed Marijuana Producers at Risk of Becoming Delisted?

Are Canada’s Licensed Marijuana Producers at Risk of Becoming Delisted?

Marijuana stocks were down sharply in Tuesday’s trading as Toronto Stock Exchange operator TMX Group Limited suggested the exchange is going to start cracking down on marijuana producers engaging in illegal activities south of the border.

Shares of Canada's Aphria Slump as Marijuana Faces Regulatory Risk

Shares of Canada’s Aphria Slump as Marijuana Faces Regulatory Risk

Shares of Canadian marijuana company Aphria Inc sank on Tuesday, after the operator of the Toronto Stock Exchange said cannabis companies with U.S. interests would come under heightened scrutiny and could be delisted.

Toronto Stock Exchange May Delist Marijuana Firms With US Operations

Toronto Stock Exchange May Delist Marijuana Firms With US Operations

Canada’s TMX Group Ltd (X.TO), operator of the Toronto Stock Exchange, said on Monday that it might delist stocks of marijuana companies with interests in the United States, where their operations are illegal under federal law.

Investing in Marijuana: Cannabis Industry Raises Hit $1.8 Billion

Investing in Marijuana: Cannabis Industry Raises Hit $1.8 Billion

Despite strong opposition from former White House Press Secretary Sean Spicer and Attorney General Jeff Sessions, and the overall limitations imposed by federal illegality in the U.S., 2017 is shaping up to be a great year for the North American cannabis industry.

This Is Why the North American Marijuana Index Increased 6% in September

This Is Why the North American Marijuana Index Increased 6% in September

The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 6% in September on strong Canadian momentum.

Two Public Companies to Supply New Brunswick Recreational Marijuana

Two Public Companies to Supply New Brunswick Recreational Marijuana

On Sept. 15, 2017, the Canadian province of New Brunswick announced during a news conference that Organigram (TSXV:OGI) and Canopy Growth (TSX: WEED), both already licensed producers in Canada’s medical marijuana program, will distribute recreational marijuana to retail stores established by a newly created provincial crown corporation.

Aurora Cannabis operational update

Operational Update: Aurora Cannabis Surpasses 19,000 Patients; Record Monthly Revenue, Shipments, Grams Sold

VANCOUVER, Aug. 31, 2017 /Weed Wire/ – Aurora Cannabis Inc. (“Aurora” or the “Company”) (TSX: ACB) (OTCQX: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) is pleased to provide the following operational update.

Why Canopy Growth Corp. Will Become Great Again in the Eyes of Investors

Why Canopy Growth Corp. Will Become Great Again in the Eyes of Investors

Canopy Growth Corp. (TSX:WEED) was the first cannabis stock to the market and quickly captured the attention of traders and risk-taking growth investors alike. As a result, shares of Canopy skyrocketed 300% in a span of just a few months last year.

Marijuana Index Fell 9% in April as US and Canadian Stocks Sell Off

Marijuana Index Fell 9% in April as US and Canadian Stocks Sell Off

The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the United States and Canada, decreased 9% in April due primarily to heavy losses in the United States.

Report: Accelerated Adoption of Cannabis Pressuring Alcohol Volumes

Report: Accelerated Adoption of Cannabis Pressuring Alcohol Volumes

On April 20, 2017, Cowen and Company, a leading Wall Street investment bank, issued a report that shows the accelerated adoption of cannabis pressuring alcohol volumes, with beer most at risk.

Could Aphria Inc. or Aurora Cannabis Inc. Dethrone Canopy Growth Corp

Could Aphria Inc. or Aurora Cannabis Inc. Dethrone Canopy Growth Corp.?

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

Horizons CEO: MJ ETF ‘Most Scrutinized Fund That We’ve Ever Launched’

Horizons CEO: MJ ETF ‘Most Scrutinized Fund That We’ve Ever Launched’

The Horizons Medical Marijuana Life Sciences ETF is slated to begin trading Tuesday on the Toronto Stock Exchange. It will include 11 Canadian-listed stocks and four listed in the United States.

Aphria

Aphria Strengthens US Investment Platform, Increases Position in Copperstate Farms Investors to 18.5%

LEAMINGTON, Ontario, March 27, 2017 /Weed Wire/ — Aphria Inc. (“Aphria” or the “Company”) (TSX:APH)(OTCQB:APHQF), through its subsidiary Aphria (Arizona) Inc., is pleased to announce that it made an additional investment of $3 million (USD) in Copperstate Farms Investors, LLC (“Investors”).

Canopy Growth Corp. Has Entered a New Realm

Canopy Growth Corp. Has Entered a New Realm

There are a number of big institutions, including mutual funds, pension funds, and investment banks, that use the TSX Composite and its sub-indices as performance benchmarks for their portfolios. The addition of Canopy to the index will introduce some new dimensions to the index’s performance.

Tweed JA

Canopy Growth Corporation Renews Agreement with XIB Consulting Inc.

SMITH FALLS, Ontario, Feb. 17, 2017 /Weed Wire/ — Canopy Growth Corporation (TSX: WEED) (“Canopy Growth” or the “Corporation”) announced that it has renewed the engagement agreement (“agreement”) with XIB Consulting Inc. (“XIB”) that the Corporation announced on April 7, 2016 and subsequently renewed October 7, 2016.

Should Investors Consider Canopy Growth Corp.?

Should Investors Consider Canopy Growth Corp.?

Investors are incredibly excited about Canopy Growth Corporation. But we’re now looking at a situation where the stock has increased quite aggressively thanks mostly to the belief that the future is bright. And there are still many investors sitting on the sidelines wondering if they should consider this company.

Aphria

Aphria Receives Conditional Approval to Graduate to the TSX

LEAMINGTON, Ontario, Feb. 6, 2017 /Weed Wire/ — Aphria Inc. (“Aphria” or the “Company”) (TSX VENTURE:APH) (OTCQB:APHQF) is pleased to announce it has received conditional approval from the Toronto Stock Exchange (the “TSX”) to graduate from the TSX Venture Exchange and list its common shares on the TSX.

Canopy Growth

Canopy Growth and Mettrum Announce Respective Shareholder Approvals of the Plan of Arrangement

SMITH FALLS, Ontario, Jan. 27, 2017 /Weed Wire/ — Canopy Growth Corporation (“Canopy Growth”) (TSX:CGC) and Mettrum Health Corp. (“Mettrum”) (TSX VENTURE:MT) (together, the “Companies”) are pleased to announce the successful results of the Special Meetings of Shareholders of Canopy Growth and Mettrum, held in Smiths Falls, Ontario and Toronto, Ontario, respectively, to approve Canopy Growth’s acquisition of Mettrum by way of a plan of arrangement (the “Arrangement”), as previously announced by the Companies on December 1, 2016.

Tweed JA

Canopy Growth Triples Tweed’s Production Potential by Acquiring 1 Hershey Drive

SMITH FALLS, Ontario, Jan. 16, 2017 /Weed Wire/ — Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: CGC) has closed the acquisition of the property at 1 Hershey Drive that currently houses Canopy Growth’s headquarters and the Tweed Inc. (Tweed) production facilities.

Tweed JA

Canopy Growth Corporation Completes Previously Announced Bought Deal Financing for $60 million

SMITH FALLS, Ontario, Dec. 22, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy Growth” or the “Company”) announced that it has closed its previously announced short form prospectus offering on a bought deal basis.

Tweed and Bedrocan and Research Facility

Tweed Advances Research Capabilities and Medical Innovation Through the Receipt of Dealers Licence for Smiths Falls Facility

SMITH FALLS, Ontario, Dec. 12, 2016 /Weed Wire/ — Tweed Inc. (Tweed), a wholly owned subsidiary of Canopy Growth Corporation (Canopy Growth or the Company) (TSX: CGC) has received a Dealers Licence.

Tweed JA

Canopy Growth Corporation Announces $60 Million Bought Deal Financing

SMITH FALLS, Ontario, Dec. 5, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX:CGC) (“Canopy Growth” or the “Corporation”) announced today that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. and Dundee Capital Partners.

Tweed JA

Canopy Growth Enters Into Agreement to Acquire Mettrum

SMITH FALLS, Ontario, Dec. 1, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy Growth” or the “Company”) and Mettrum Health Corp. (“Mettrum”) (TSXV: MT) are pleased to announce that they have entered into a definitive arrangement agreement.


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