Marijuana-infused beverages could become a $600 million market in the US in the next four years, according to a note from Canaccord Genuity, and big beverage makers are looking to take advantage of that opportunity.
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HEXO Generates $1.4 Million Sales in Q4
HEXO Corp. (TSX:HEXO) reported its financial results for the three and twelve months ended July 31, 2018, the fourth quarter of the 2018 fiscal year. Revenue increased 14% to $1,410,656 quarter over quarter and the volume of cannabis dried grams and gram equivalents sold increased 13% to 152,288 from the third quarter of fiscal 2018
Latest Gallup Survey Finds 66% Of Americans Support Legal Marijuana, More Than Ever Before
What you’re seeing is the late stages of marijuana prohibition in America. Two major political forces are finally coming together at the same time which have the probability of pushing Congress to legalize marijuana on the national and leave it up to the states.
Aurora Cannabis To Begin Exports To Poland
Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P; WKN: A1C4WM) announced today that Polish Ministry of Health granted the Company approval for its first shipment of medical cannabis to Poland.
Race For Retail Heats Up: Marijuana Retailer National Access Cannabis To Raise $75 Million
Marijuana is now fully legal in Canada. The regulations are set. And now the race to win the next (and biggest!) race in legal marijuana can begin.
Liberty Health Sciences Opens Three New Medical Cannabis Education Centers
Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF), a provider of high quality cannabis, announced today the planned opening this week of three of its newest Cannabis Education Center (CEC) dispensaries in Winter Haven, FL; Palm Harbor, FL, and Merritt Island, FL featuring free 24-hour delivery service throughout Florida.
VIVO Announces Initial $5 Million Strategic Investment in National Access Cannabis
VIVO Cannabis Inc. (TSXV: VIVO, OTCQX: VVCIF) is pleased to announce that it has agreed to make a $5 million strategic investment in National Access Cannabis Corp. (TSXV: META), and commited to invest an additional $5 million contingent on attainment of a growth-related milestone and the satisfaction of certain other conditions precedent.
Alcanna Sells $1.3 million in Weed Since Legalization
In the first five days of legal cannabis sales, from legalization day Wednesday October 17th until close of business Sunday October 21st, Alcanna’s five NOVA Cannabis brand stores realized combined revenues of approximately $1.3 million.
Multi-Millionaire Who Predicted Trump’s Victory, Predicts Complete US Marijuana Legalization In A Few Weeks
Scott Adams has emerged as one of the most thoughtful commentators in the world today. The creator of Dilbert cartoon and author of NYT best-selling “Win Bigly” has extensive experience and training in the art of persuasion.
Analyst: “End of The Cannabis Rainbow,” Forecast Targets 44% Drop For Canopy Growth
A Canadian research firm seems to be calling for a major drop in some Canadian marijuana stocks. A look at the numbers reveals a much more complicated story though that reveals a lot about where investors should be putting their money.
5 Takeaways From John Boehner’s American Cannabis Summit
The American Cannabis Summit featuring John Boehner was released today. But if you want to save some time and avoid the sales pitch, here’s the Seed Investor’s Top 5 Takeaways from the event.
MedMen Expands Footprint in Northern California with Acquisition of San Jose Dispensary
MedMen Enterprises Inc. (CSE: MMEN) (OTCQB: MMNFF) (FSE: A2JM6N) today announced that it has signed a definitive agreement to acquire Viktorya’s Medical Supplies LLC d/b/a Buddy’s Cannabis; a microbusiness license entitling the Company to retail, distribute, cultivate and manufacture cannabis onsite in San Jose, California. This will be MedMen’s second retail store in Northern California.
The Economic Benefits of Legalizing Weed
Although the Presidential election drew most of the attention in November of 2016, there were several other important decisions made at the polls as well: notably, several states held votes to determine the future of the legal cannabis industry in one form or another.
When Will Aurora Cannabis Start Trading On The New York Stock Exchange?
Aurora Cannabis (ACBFF) announced earlier in October its plans to list on the NYSE. This week we got confirmation the first day of trading will be this Wednesday, October 24th.