Is Aleafia Showing Potential? US Listing on the Horizon Would Suggest Yes.
Aleafia Health Inc (TSXV:ALEF) is currently in the red. At $2.09 on the TXV Venture Exchange, the stock has hit a new two-week low. At this price, could you consider Aleafia among undervalued stocks? Let’s ... [Read]
San Bernardino Might Get a CROP Dispensary: Why’s the Market Mad?
Company news can either send a stock higher or lower. Even the most positive of announcements can make a stock head into the red, particularly penny stocks. Something like this is happening today. On Wednesday, ... [Read]
Cannabis News this Week; Hydropothecary Corp, Province Brands and CannTrust Holdings
Weed-friendly Canada is gearing up to legalize adult-use cannabis in October of this year. As a result, cannabis news surfaces daily, informing us of new deals, acquisitions, mergers, and legislation. We are even hearing of innovations ... [Read]
The Hydropothecary Corporation Stock Skyrockets After Coors Partnership
The Hydropothecary Corporation partners with Molson Coors, sending the cannabis company’s stock skyrocketing on both the Canadian and American markets today. According to an official press release, Molson Coors Canada, a Canadian sub-unit of Molson ... [Read]
OrganiGram Holdings Inc. Eyeing Cash-Flow Positive
OrganiGram Holdings Inc (TSXV:OGI) announced that they expect to be cash-flow positive once Canadian adult recreational marijuana is officially legalized. Organigram Holdings is a leading Canadian producer of medical marijuana that is based in New Brunswick. The ... [Read]
High Hampton Engages Leading Global Greenhouse Design Firm Aurora Larssen Projects Inc. for Design and Support of CoachellaGro Cannabis Cultivation Facility
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./ TORONTO and EDMONTON, July 16, 2018 ... [Read]
Cannvas MedTech Hits 52-Week High After CNSX Listing Application
To the casual observer, the Canadian cannabis industry is on a roll. The Canadian government just legalized recreational cannabis use, and numerous companies have unveiled new products and finalized acquisitions. But not everything is as it ... [Read]
Cannabis Stock Solis Tek Lost 70% Value This Year, Here’s What to Expect
Solis Tek Inc. (OTCQB:SLTK) is one of the biggest laggard in cannabis industry this year. Its shares lost almost 70% of value since the start of the year, primarily due to lower-than-expected financial performance in ... [Read]
CannaRoyalty Strengthens Its Footprints in California with FloraCal Acquisition
CannaRoyalty (OTCQX:CNNRF) has completed several acquisitions in the last couple of quarters to expand its market share in the California cannabis market, with its latest project being the FloraCal acquisition. The California cannabis market is expected ... [Read]
North American Marijuana Index Rebounds after Brief Sell-off Early This Week
The North American Marijuana index rebounds! The index rose slightly in the last two sessions after hitting the lowest level in the previous 50 days earlier this week. North American Marijuana Index Rebounds after Brief ... [Read]