Jan 19
For the second year in a row, there will be a Cannabis House in Davos, Switzerland this week alongside the schmoozing and speeches of the World Economic Forum.
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MARIJUANA STOCK WATCHLIST
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Jan 17
4:20Cannabis Canada: Canopy to delay launch of pot drinks amid production concerns
Canopy was set to release 13 new cannabis-infused drinks this month under its Tweed, Houseplant and Quatreau brands, but had only seven weeks to begin production after Health Canada amended the company’s licence at its beverage facility in Smiths Falls, Ont.
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Jan 16
6:08Cannabis Canada: Launch of Cannabis 2.0 products on OCS website met by high demand
An OCS spokesperson told BNN Bloomberg that more than 2,000 people placed orders within the first hour that cannabis-infused edibles and vape products became available for sale.
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Jan 16
The website experienced several crashes for some products, while all “soft-chew” items, or gummies, were sold out within the first 30 minutes.
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Jan 16
5:30Cannabis edibles to go on sale today through Ontario's online store
The province's pot distributor says 70 new items tested by Health Canada can be purchased online as of 9 a.m. local time.
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Jan 15
11:04Cannabis Canada: Organigram shares climb higher as short-sellers look to cover positions
Organigram stock climbed more than 40 per cent after its fiscal first-quarter revenue beat the highest analyst estimate and it returned to positive adjusted EBITDA after a loss in the prior quarter.
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Jan 15
The Canadian dollar traded for 76.64 cents US compared with an average of 76.56 cents US on Tuesday.
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Jan 15
11:04Organigram shares surge but CEO says pot uncertainty will linger
“I still think we’re not going to hit any sense of normalcy or predictability until the fourth quarter of this year,” CEO Greg Engel said in a phone interview.
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Jan 14
8:42Cannabis Canada: Aphria maintains healthy cash pile despite slashing full-year outlook
Aphria said it made $120.6 million in Q2 revenue, an increase of 457 per cent from the same period last year, but shy of the $130.4 million analysts expected.
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Jan 14
9:03Pot stock dividends no longer a paradox as Aphria floats idea
Aphria Inc. would like to return money to shareholders, Chief Financial Officer Carl Merton told analysts on the company’s earnings call Tuesday.
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