weed

A slowdown in the build-out of a California facility and and a lower Canadian market share are the reasons behind Canaccord Genuity's lower expectations for cannabis company Sunniva Inc (OTC: SNNVF). The Analyst Matt Bottomley maintained a Speculative Buy rating on Sunniva with a price...

MediPharm Labs Corp. (OTC: MLCPF) discounted cash flow-derived per-share value is increasing, according to Canaccord Genuity.  The Analyst Kimberly Hedlin reiterated a Speculative Buy rating on MediPharm and raised the price target from CA$4.75 to CA$5.50. The Thesis Confidence surrounding...

The House Financial Services Committee voted Thursday in favor of the SAFE Banking Act, which would allow cannabis businesses to work with banks and credit unions. The vote advances the bill to the House floor. The Cannabis Capital Conference is coming back to Toronto! Click here to learn how you...

CannTrust Holdings Inc (NYSE: CTST) shares were plunging Thursday following the release of the Canadian cannabis company's results for the fourth quarter of 2018. Although CannTrust reported record revenue and lower cost of production, it also recorded a substantial loss on the back of...

The Cannabis Capital Conference is coming back to Toronto! Click here to learn how you can join Tim Seymour, Jon Najarian, Danny Moses, Alan Brochstein and many others. Flowhub, a provider of cannabis point-of-sale solutions in the U.S., and cannabis data provider BDS Analytics announced a...

Cronos Group Inc. (NASDAQ: CRON)'s stock opened lower Tuesday in the wake of the company's fourth-quarter print. Although Cronos reported 250-percent revenue growth for the quarter, it also recorded a major net loss. What Happened The Canadian cannabis producer said its fourth-quarter...

Cresco Labs (OTC: CRLBF) said Monday it was pre-qualified for a cultivation and processing license by Michigan's Department of Licensing and Regulatory Affairs Medical Marijuana Licensing Board. The Cannabis Capital Conference returns to Toronto April 17-18! What Happened Cresco Labs, one...

Wholesale cannabis ordering platform and B2B marketplace LeafLink is helping cannabis retailers prepare for the upcoming 4/20 cannabis holiday by launching its own deal month starting Wednesday.  The monthlong deal kicks off with a special event Wednesday, LeafLink Live, where retailers...

Acreage Holdings Inc (OTC: ACRGF), the largest vertically integrated, multistate owner of cannabis licenses and assets in the U.S., said Wednesday it would enter the California dispensary market through the acquisition of Kanna. The announcement follows the company reporting its fiscal fourth-...

Vertically integrated cannabis company Harvest Health & Recreation Inc (OTC: HRVSF) said Monday it will acquire Chicago-based peer Verano Holdings in an all-stock deal worth $850 million. This is the second acquisition announced by Harvest Health & Recreation in the last month. Verano,...

Cannabis investors woke up to a negative sell-side take on Tilray Inc. (NASDAQ: TLRY) Friday, with Jefferies calling the Canadian company's valuation unjustified. The Analyst Jefferies analyst Owen Bennett initiated coverage of Tilray with an Underperform and $61 price target.  The...

Namaste Technologies Inc (OTC: NXTTF) is gaining exposure to the future Canadian cannabis-infused edible market through the acquisition of a 49-percent stake in Calgary-based Choklat. What Happened The value of the transaction is C$1.5 million ($1.12 million), Toronto-based Namaste said in a...

Target Group Inc (OTC: CBDY), a vertically integrated Canadian cannabis company, said Tuesday that it completed the acquisition of CannaKorp, a Massachusetts-based technology company focused on vaporizing products. What Happened Target Group said 99.8 percent of CannaKorp shareholders approved...

Leafly, a platform that provides information about cannabis products, announced Monday that it's appointed longtime Amazon.com, Inc. (NASDAQ: AMZN) executive Tim Leslie as its CEO.  What Happened Tim Leslie worked at Amazon for 20 years and played a crucial role in the...

Flowr Corp (OTC: FLWPF), a Canadian cannabis company focused on premium products, said it hired celebrated chef Ryan Reed to launch a line of signature edible cannabis products under its Flowr brand. What Happened  Reed will work closely with Flowr's R&D team to research and...