Manitoba’s First Licensed Producer to go public is DELTA 9 CANNABIS INC and will trade under the symbol “NINE” on the TSX Venture exchange at market open on Monday, November 6, 2017.
Health Canada today lifted a huge regulatory weight off the backs of medical marijuana producers. Changes announced on May 26 in Ottawa will streamline the process to get a License to Produce cannabis under the Access to Cannabis for Medical Purposes Regulations (ACMPR). They will also make it far easier for existing license holders to operate their business, particularly if they want to expand production. Here’s how it will impact applicants, producers, and investors.
Weed stocks took a pounding over the last few weeks, with many stocks in the US and Canada saw single day declines of up to 15 per cent! Canadians share prices started to recover just days later, then dropped sharply once more, followed by a quick recovery. So, what the heck is going on with the cannabis industry?
The announcements by US Attorney General Jeff Sessions and White House Press Secretary Sean Spicer on a federal crackdown of recreational marijuana could have serious ramifications on stocks. Here’s a look at what could happen should Sessions get his way.
The medical marijuana industry has been the hottest area of investment in Canada. Unfortunately, many investors are not looking at the most important metrics of the companies they are investing in: Cost of Goods Sold, or COGS.