Legalized marijuana has a lot of investors having visions of lots of green. With legalization sweeping across the states, it seems to be a great time to invest in marijuana stocks. Unfortunately, it’s not.
Tag Archives: Canopy Growth
Fourth Company Named as New Brunswick Recreational Cannabis Supplier
With the Picture Province estimating that recreational legalization will create hundreds of new jobs and generate up to $150 million annually in recreational sales, the province has named the fourth New Brunswick recreational cannabis supplier.
Canadian Cannabis Company Scores Supply Deal With Eighth Province
On Jan. 16, 2018, Canadian cannabis company Canopy Growth Corporation (TSX: WEED) announced its arrangement to provide marijuana to the province of Prince Edward Island.
This Is What the Edward Jones Marijuana Report Says About Canada’s Market
Merrill Lynch may have been one of the first mainstream investment firms to release a report on the burgeoning legal marijuana market back in 2015, but more have followed, including the Edward Jones marijuana report that recently entered the fray.
Canopy Growth Forms JV for Greenhouse-Grown Cannabis
Canada’s Canopy Growth Corp said it would form a joint venture with privately owned Canopy Rivers Corp and Quebec-based tomato producer Les Serres Stéphane Bertrand to grow cannabis in a tomato greenhouse.
3 Top Marijuana Stocks to Buy Now — Plus 2 Bonus Ideas
Here’s why the marijuana market is so intriguing, how big the opportunity could be, and why these stocks are top stocks to own.
Provincial Government Enters Into Agreement with Canopy Growth Corporation on Supply and Production of Cannabis
ST. JOHNS, Newfoundland and Labrador, Dec. 08, 2017 /Weed Wire/ — The Provincial Government today announced it has entered into an agreement with Canopy Growth Corporation for the supply and production of cannabis in the province.
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.
This Is the Third Company Signed on to Supply New Brunswick Marijuana
While New Brunswick marijuana was slated to be supplied by two public companies, the province has added one more licensed producer to the mix.
Third New Brunswick Company Signed to Supply Cannabis for Recreational Market
ATHOLVILLE, New Brunswick, Nov. 20, 2017 /Weed Wire/ – A memorandum of understanding has been signed with Zenabis to supply the provincial government with cannabis for the recreational market. The move is related to preparations for the federal government’s legalization of cannabis for recreational use, expected in July 2018.
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.
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.
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
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.
Should Investors Consider Canopy Growth Corp. at These Levels?
The industry and the Canopy Growth Corp. were going to be the next big thing for investors, but things have cooled down gradually over the past few months.
Tweed Marijuana Facility Fire Extinguished Quickly in Ontario
On Monday, May 29, 2017, Tweed Inc., a wholly owned subsidiary of Canopy Growth Corporation (TSX:WEED), was evacuated following a small morning fire at the Hershey Chocolate Factory’s former Visitor Center, which the medical marijuana company is currently renovating.
Canopy Growth to Implement New Pesticide-Testing for Cannabis
Canada’s biggest licensed marijuana producer, Canopy Growth, plans to subject its products to enhanced testing for pesticides and other contaminants, as the industry seeks to restore consumer confidence amid a tainted cannabis scare.
Two Charts Show Why Aphria Is the Top Weed Stock for 2017
Aphria Inc (TSE:APH) is now the front-runner in the race to hit the billion-dollar valuation mark.
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.
Top 5 States for Marijuana Stocks
Over the next five years, the U.S. marijuana market could be worth tens of billions of dollars, and according to GreenWave Advisors, LLC, these five states could move the needle most for marijuana companies. Learn just how big the marijuana market may be in California, Washington, Pennsylvania, Colorado, and Michigan in 2021.
How Big Is the Opportunity for Marijuana Stocks in Florida?
Florida is undeniably behind the curve when it comes to passing pro-pot legislation, but the Sunshine State did make up some ground in November, when voters legalized medical marijuana in the state. How big could the medical marijuana market be in Florida for marijuana stocks?
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.
Marijuana Shares Rise With Release of Recreational Use Recommendations
Pot stocks got a lift Tuesday following the issue of a task force report with recommendations on recreational pot sales.
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.
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.
Canopy Growth Enters Quebec market with Acquisition of Vert Médical
DRUMMONDVILLE, Quebec, Nov. 1, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy Growth” or “the Corporation”) has acquired ownership of Vert Médical, a Quebec-based ACMPR applicant.
Canopy Growth Corporation Renews Agreement with XIB Consulting Inc.
SMITH FALLS, Ontario, Oct. 11, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“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.
Canopy Growth Secures $5.5 Million in Loan Facilities
SMITH FALLS, Ontario, Aug. 5, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy Growth” or “the Corporation”) closed a $5.5 million financing with a commercial lending institution.
Bedrocan Canada launches bedro-oils, Standardized Cannabis Oil Products
TORONTO, June 20, 2016 /Weed Wire/ – Bedrocan Canada Inc. (Bedrocan Canada), wholly owned subsidiary of Canopy Growth Corporation (Canopy Growth) (TSXV: CGC) has received its Health Canada license to sell cannabis oils in addition to dried cannabis products.
Canopy Growth Corporation Heads Down Under
SMITH FALLS, Ontario, May 9, 2016 /Weed Wire/ — Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX.V: CGC), parent company of licensed producers Tweed Inc. (Tweed), Tweed Farms Inc. (Tweed Farms), and Bedrocan Canada Inc., is pleased to announce a partnership with AusCann Group Holdings Ltd. (AusCann), an early leader in the nascent Australian medical cannabis industry.
Tweed Farms Achieves Major Milestone – 375 000 sq. ft. Now Approved for Dried Marijuana Production and Processing
NIAGARA-ON-THE-LAKE, Ontario, March 31, 2016 /Weed Wire/ — Tweed Farms Inc. is now licensed to produce, possess and ship dried marijuana at its facilities in Niagara-on-the-Lake, Ontario.
Canopy Growth Corporation Reports Third Quarter Fiscal Year 2016 Financial Results
SMITH FALLS, ON, Feb. 25, 2016 /Weed Wire/ — Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSXV: CGC) today released its financial results for the third quarter of fiscal year 2016 ended December 31, 2015.
Bedrocan Canada Receives License Renewal; Launches Next Phase of Affordability Initiative
TORONTO & ONTARIO, Feb. 18, 2016 /Weed Wire/ — Bedrocan Canada Inc. (“Bedrocan Canada” or the “Company”) is pleased to announce the renewal of its license for its main production facility in the Toronto area.
Canopy Growth to Announce Third Quarter 2016 Financial Results
SMITH FALLS, ON, Feb. 18, 2016 /Weed Wire/ — Canopy Growth Corporation (“Canopy Growth”) (TSX.V: CGC) will release its financial results for the third quarter ended December 31, 2015 on February 25, 2016.