Canada Cannabis & Hemp News

03/30/2020 - 5:38pm
HEXO
Cannabis Canada: Hexo's $250M impairment highlights Q2 net loss - Article - BNN - BNNBloomberg.ca
(Canada, Cannabis, HEXO) Cannabis Canada: Hexo's $250M impairment highlights Q2 net loss - Article - BNN BNNBloomberg.ca
https://www.bnnbloomberg.ca/cannabis-canada-hexo-s-250m-impairment-highlights-q2…
03/30/2020 - 4:00pm
Cookies Crush
(Branding, California, Canada, Cannabis, Clothing, Education, Florida, Genetics, Grower, Growing, Jamaica, Law, Magazines, Maryland, Media, Michigan, Production, Regulations, Social Media, Strains, United States, Dispensaries) Nothing cannabis-related in the last 10 years found its way into our hearts, blunts and closets quite like Cookies. Even in the earliest days of transition from the medical space to the adult-use marketplace, Cookies was the most well-branded company in the cannabis industry. Today, in a world where PR people are desperate to create the kind of movement Berner’s business savvy and Jigga’s genetics have ignited, nothing else really comes close in the connoisseur space. Every step in the process of Cookies’ rise had its own wild amount of hype. In the late 2000s, the Girl Scout Cookies strain , called Cookies for short, became the most sought-after new strain in the world. Then, as the second decade of the century kicked off, Cookies became the must-have cannabis clothing brand , moving from social media to storefronts. Today, Cookies as a legal marijuana company is using its branding savvy to take the multi-pronged business even further into the future. From its humble beginning as a...
https://cannabisnow.com/cookies-crush/
03/30/2020 - 3:00pm
TGODF
The Green Organic Dutchman Receives Health Canada License Amendment for Its Ancaster Processing Facility
(Beverage, Canada, Cannabis, Edibles, Green Organic Dutchman, Green Organic Dutchman, Investments, Oils, Organic, Packaging, Processing, Production, Products, TGODF, Topicals) TORONTO, March 30, 2020 /CNW/ - PRESS RELEASE - The Green Organic Dutchman Holdings Ltd. (TGOD), a producer of premium certified organic cannabis, has announced that it has received Health Canada's approval for the licensing of the final component of its Ancaster site, the processing facility.The license amendment includes approval of a state-of-the-art production facility designed to support processing activity including dedicated spaces for packaging of flower, oils, pre-rolls and several Cannabis 2.0 products.This final phase of expansion at Ancaster enables TGOD to reduce its reliance on third parties, accelerating its supply chain timelines for product launches. Receiving the license amendment for this large facility also enhances TGOD's quality assurance capabilities and marks a key milestone in eliminating bottlenecks in its production ramp up.The license amendment is valid until Aug. 16, 2022 and is subject to customary terms and conditions."Receiving this license amendment...
http://www.cannabisbusinesstimes.com/Article/the-green-organic-dutchman-receives…
03/30/2020 - 12:37pm
HEXO, ACB, CGC, OGRMF
Health Canada Asks Weed Industry for Help with COVID-19 Testing
(ACB, Alcohol, Aurora Cannabis Inc., Canada, Cannabis, CGC, Facilities, Greenhouses, HEXO, OGRMF, OrganiGram Inc, Production, Products, Testing) Canada's legal cannabis industry is stepping up to help fight the ongoing coronavirus pandemic by donating protective equipment and testing services to the medical community. Last week, Health Canada (HC) sent an email to licensed cannabis testing laboratories asking for assistance with COVID-19 testing. "Health Canada is working to identify lab capacity that might be available across the country in various sectors, including at licensed cannabis production sites, to assist with supporting COVID-19 testing," wrote Acting Director General Joanne Garrah, according to BNN Bloomberg . Canadian health officials are struggling to keep track of the spread of this virus, but gaps in testing are making it difficult to identify the total number of cases. Supply shortages and lack of properly-trained medical professionals are causing delays in the testing process, and many patients have been forced to wait weeks for their test results. These testing delays make it hard to keep an accurate count...
https://merryjane.com/news/health-canada-asks-weed-industry-for-help-with-covid-…
03/30/2020 - 12:10pm
TGODF
Cannabis Stock News: The Green Organic Dutchman (TSX: $TGOD.TO) (US: $TGODF) Receives Health Canada Licence Amendment for its Ancaster Processing Facility - InvestorIdeas.com
(Canada, Cannabis, Green Organic Dutchman, Green Organic Dutchman, Organic, Processing, TGODF) Cannabis Stock News: The Green Organic Dutchman (TSX: $TGOD.TO) (US: $TGODF) Receives Health Canada Licence Amendment for its Ancaster Processing Facility InvestorIdeas.com
https://www.investorideas.com/news/2020/cannabis/03301TSXTGOD.asp
03/30/2020 - 10:02am
CANNABIS AND HEMP NEWS : LAYOFFS IN CANADA
(Canada, Cannabis, Cannabis and Hemp, Hemp) Daily Series Covering Cannabis and Hemp Issues Cast: THA SPECIALIST Tags: CAROL ANGELA DAVIS , CANNABIS NEWS and URBAN MUSIC REPORT
https://vimeo.com/402189110
03/30/2020 - 9:15am
CBWTF, CRLBF
Edible Companies Could Be the Next Big Pot Stock Trend 
(Acquisition, Auxly, Canada, Cannabis, CBWTF, Cresco Labs, CRLBF, Drinks, Edibles, Growers, Investments, Investors, Products, Recreational, Stocks, Cultivation) Pot stocks have been dominated by the largest growers in the industry. Well then companies can be solid investments, there are other areas of the cannabis industry worth watching closely. The edibles industry is one that has been slowly taking off right under many investor’s noses. This is especially true in the Canadian market where edibles and concentrates only became legal a few months ago. Because of this, many popular cannabis companies have been scrambling to get a product to the country. There are only a few marijuana stocks with targets set on the edibles market. [Read More] Are Marijuana Stocks On Their Way Back Up In The Market? Is The Time To Buy Marijuana Stocks Now? Most of the time, these companies operate in several areas of the marijuana market, but they also happen to produce edibles as well. This means that the edibles market remains quite a niche inside the larger cannabis ecosystem. One of the key areas of the edibles market is the cannabis-infused drinks area...
https://marijuanastocks.com/edible-companies-could-be-the-next-big-pot-stock-tre…
03/30/2020 - 8:41am
HEXO
Hexo Reports Staggering Quarterly Loss Of C$289 Million
(Canada, Cannabis, Distribution, Extraction, HEXO, Management, Marketing, Packaging, Production, Products, Testing, Cultivation) HEXO Corp. (NYSE: HEXO) reported a staggering net loss of C$289 million for fiscal 2020 second-quarter ending January 31, 2020. The net revenue for Hexo increased 17% to $17 million from $14.5 million in the first quarter. The earnings are reported in Canadian dollars. The loss from operations for the quarter was $289.4 million, compared with a loss of $60.6M in the prior period. The company said that excluding non-cash write-downs and impairment charges in the quarter, the adjusted net loss was ($23.2M) compared with ($34.0M) in Q1’20. This was basically one of those kitchen sink quarters. The company just tossed everything but the kitchen sink into the loss column and just ripped the bandaid off. “We have continued our focus on improving our operations and expanding distribution across Canada. Our strategy with Original Stash has demonstrated that we can directly compete with the black market,” said Sebastien St-Louis, CEO, and co-founder of HEXO Corp. “The industry continues to see...
https://www.greenmarketreport.com/hexo-reports-staggering-quarterly-loss-of-c289…
03/30/2020 - 8:40am
TGODF
The Green Organic Dutchman Receives Health Canada Licence Amendment for its Ancaster Processing Facility
(Canada, Green Organic Dutchman, Green Organic Dutchman, Organic, Processing, TGODF) submitted by /u/Asleep-Treacle [link] [comments]
https://www.reddit.com/r/weedstocks/comments/frq1x6/the_green_organic_dutchman_r…
03/30/2020 - 8:20am
Cronos Group Inc. (CRON) to Report 2019 Fourth Quarter and Full-Year Financial Results
(Canada, Cannabis, CBD, Development, Distribution, Events, Hemp, Investment, Investments, Management, Product Development, Production, Research, Stocks) Cronos Group Inc. to Report 2019 Fourth Quarter and Full-Year Financial Results on March 30, 2020 Cronos Group Inc. (CRON.TO) (CRON.TO) (“Cronos Group” or the “Company”) will report its 2019 Fourth Quarter and Full-Year Financial Results on Monday, March 30, 2020 after the close of trading on NASDAQ. The Company will host a conference call to discuss these results, its outlook and other matters on Monday, March 30, 2020 at 5:30 p.m. EDT. Cronos Group’s senior management team will discuss its financial results and will be available for questions from the investment community after prepared remarks. A live audio webcast of the earnings call will be available on the Company’s website at https://ir.thecronosgroup.com/events-presentations . Participants may also listen via telephone by dialing (866) 795-2258 toll-free from the U.S. and Canada, or (409) 937-8902 if dialing from outside the U.S. and Canada, with passcode: 6999389. The webcast of the call will be archived for replay on the...
https://marijuanastocks.com/cron-to-report-2019-fourth-quarter-and-full-year-fin…
03/30/2020 - 8:00am
CB2 Insights Inc launches medical cannabis industry"s first interactive dashboard to offer patient insights - Proactive Investors USA & Canada
(Canada, Cannabis, Investors, Medical Marijuana) CB2 Insights Inc launches medical cannabis industry"s first interactive dashboard to offer patient insights Proactive Investors USA & Canada
https://www.proactiveinvestors.com/companies/news/916112/cb2-insights-inc-launch…
03/30/2020 - 7:59am
HEXO
Hexo Corp (HEXO) reports second quarter fiscal 2020 financial results
(Beverage, Canada, Cannabis, Distribution, Edibles, Events, Extraction, Facilities, HEXO, Investment, Investments, Law, Management, Manufacturing, Marketing, Media, Medical Marijuana, Monitoring, Packaging, Production, Products, Research, Stocks, Testing, Topicals, Extracts, Cultivation) HEXO Corp reports second quarter fiscal 2020 financial results Key Operating Highlights Net Revenue increased 17% to $17.0M from $14.5M in Q1 Adult-use grams and gram equivalents sold increased 57% to 6,579 kg compared to prior quarter Production levels increased to 22,305 kg from 16,107 kg in the previous quarter. Expanded Original Stash market distribution to Ontario, British Columbia and Alberta Obtained Phase 1 licence for Belleville facility Obtained sale of cannabis topicals, extracts, edibles and beverages licence for Gatineau facility, and a research licence for the Company Closed a $70M private placement of 8% unsecured convertible debentures, including key management and board participation of over 10% Closed two registered direct offerings totalling USD$45 Million OTTAWA, March 30, 2020 (GLOBE NEWSWIRE) — HEXO Corp. (TSX: HEXO; NYSE: HEXO) (“HEXO” or the “Company”) today reported its financial results for the second quarter fiscal 2020 ended January 31, 2020. All amounts...
https://marijuanastocks.com/hexo-reports-second-quarter-fiscal-2020-financial-re…
03/30/2020 - 7:31am
Can Cannabinoids Treat COVID-19 Symptoms? Canadian Scientists Want to Find Out
(Canada, Cannabis, CBD, Edibles, Medical Marijuana, Science, Topicals, THC) As the coronavirus pandemic continues to spread around the world, scientists and researchers are scrambling for answers about what type of drug regimens could help slow or stop the illness. But while some government leaders have already been cavalier about announcing potential treatments , at least one Canadian doctor wants to run clinical trials on cannabinoids to find out if the cannabis compounds can help COVID-19 patients reduce inflammation and boost their immune systems. “What we know from medical cannabis over the course of the literature and the experience we’ve had in Canada over the years is that there are known anti-inflammatory properties that cannabinoids have — cannabinoids being the active ingredients that come from the cannabis plant,” Dr. Mohan Cooray, president and CEO of the physician-led online medical cannabis retailer Cannalogue told The Toronto Sun . “On top of that, we know from a medical standpoint that these active ingredients have immunomodulatory properties...
https://merryjane.com/news/can-cannabinoids-treat-covid-19-symptoms-canadian-sci…
03/30/2020 - 4:45am
CGC
Cannabis Regulators Respond to Coronavirus Concerns
(Arkansas, California, Canada, Cannabis, Cannabis and Hemp, CGC, Cleaning, Colorado, Compliance, Connecticut, Consultations, Facilities, Food, Growers, Hawaii, Hemp, Illinois, Iowa, Law, Management, Maryland, Massachusetts, Medical Marijuana, Mexico, Michigan, Missouri, Monitoring, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Packaging, Pennsylvania, Processing, Production, Regulations, Testing, Tracking, Training, United States, Utah, Washington, Industrial Hemp, Licensee, Dispensaries, Cultivation) Editor’s note: this story was originally published on March 19 and was most recently updated on March 30. We’ll continue to update as regulators announce new policies. So far, during the COVID-19 pandemic, cannabis sales are through the roof as consumers stock up in anticipation of supply chain disruption. But, despite this upswing, cannabis companies are bracing for impact. As Cannabis Wire reported this week, a dilemma has hit the nascent industry: to close or not to close? Already, Canopy Growth chose to close nearly two dozen shops in Canada, and we’re tracking how other companies are reacting. But what happens in the case of forced closures? Cannabis regulators will have to weigh tough decisions in the coming days as businesses, from gyms to bowling alleys to bars, are asked to close as part of broader efforts to contain the spread of the virus. (While Canadian consumers can legally order cannabis online, should closures occur, changes are taking place north of the border. On...
https://cannabiswire.com/2020/03/30/cannabis-regulators-respond-to-coronavirus-c…
03/30/2020 - 1:21am
WTCG
Cannabis Standards Rely on Transparency, Compliance and Collaboration
(Beverage, Canada, Cannabis, CBD, Compliance, Edibles, Education, Food, Growing, Law, Legalization, Manufacturer, Manufacturing, Marketing, Media, Packaging, Product Testing, Production, Products, Quality Control, Recreational, Research, Seed to Sale, Testing, Topicals, W Technologies, W Technologies, Inc., Websites, WTCG, THC, Pharmaceuticals, Cultivation) Authored By: Arundati Dandapani According to Vividata’s National Cannabis Consumer Study , 70% of consumers are not sure they know the difference between THC and CBD. Moreover, quality remains the top criterion in selecting a cannabis product for purchase. How are companies setting the standards for quality and how are we researching consumers to understand their experiences with cannabis products accurately and ethically? This post explores the manufacturing and research standards to consider when conducting research studies with cannabis. Product Quality in Manufacturing At an HIV Community Cannabis Education event held in Toronto, a cannabis company proudly declared their company had not had a single product recall to date. Product recall happens when a product is defective, damaged or does not meet the customer’s expectations causing the product to be called off the shelf. This “zero recall” standard, the team said, was attributed to the fact that their cannabis product standards...
https://cannabislaw.report/cannabis-standards-rely-on-transparency-compliance-an…
03/30/2020 - 1:05am
Charlotte’s Web Reports $18.8M Q4 Loss, Executives Discuss Challenges and the Future
(Alcohol, California, Canada, Cannabis, Consultants, Containers, Development, Extraction, Facilities, Food, Hawaii, Law, Manufacture, Manufacturing, Packaging, Production, Products, Regulations, Stocks, Topicals, Training, United States, Vertically Integrated, Dispensaries, Security) Charlotte’s Web Reports $18.8M Q4 Loss, Executives Discuss Challenges and the Future In the wake of the COVID-19 global pandemic, U.S. and Canadian cannabis companies have a unique opportunity to aid those in need. Not only are their cannabis products increasingly being deemed essential by governments—but they also have the facilities, personnel and protocols already in place to fill the desperate need for medical supplies. These three companies are using those advantages to help their communities. Aloha Green Apothecary Photo courtesy of Aloha Green Apothecary In Hawaii, Aloha Green Apothecary is producing hand sanitizer for its employees and patients, with plans to ramp up production as much as possible to donate hand sanitizer to other businesses and organizations in the state. “We’re just trying our best to meet our patients’ needs and follow the law with all the changes in law that the government is laying down,” Tai Cheng, a spokesperson for Aloha Green Apothecary, told Cannabis...
https://www.marijuanastocksreport.com/charlottes-web-reports-18-8m-q4-loss-execu…
03/30/2020 - 1:04am
ACB, CGC
DEA Takes Steps to Approve Cannabis Cultivation Applications, States Issue New Rules for Industry Amid COVID-19 Concerns: Week in Review
(ACB, Aurora Cannabis Inc., Canada, Cannabis, CGC, Development, Facilities, Jordan, Monitoring, Production, Stocks, Vertically Integrated, Dispensaries, Cultivation) DEA Takes Steps to Approve Cannabis Cultivation Applications, States Issue New Rules for Industry Amid COVID-19 Concerns: Week in Review The COVID-19 pandemic is forcing governments worldwide to take drastic measures to “flatten the curve” and reduce economic fallout, and Canada is no exception. The Great White North closed its border with the U.S. for all non-essential travel (goods are not included in that shutdown), shuttered schools, colleges and universities across the country, and provinces are taking steps to stop all non-essential businesses. The Canadian cannabis industry, for the most part, can operate as normally as it can. Dispensaries are conducting business with social distancing measures in place, deliveries can be made—although Canada Post will no longer deliver cannabis packages to purchasers’ homes , opting instead for postal office pickup to minimize delivery person exposure—and cultivation sites continue to operate. Both the Quebec and Ontario governments have...
https://www.marijuanastocksreport.com/dea-takes-steps-to-approve-cannabis-cultiv…
03/29/2020 - 10:32pm
GBHPF
How Low Can You Go ? Global Hemp Group (CNSX:GHG) Hits New 52-Week Low at $0.02
(Canada, Cannabis, CBD, CBG, CBN, GBHPF, Global Hemp Group Inc., Hemp, United States, Industrial Hemp, Cultivation) We’re back in penny stock territory. How many other listed cannabis / hemp companies will follow GHG once the initial cannabis bump has subsided. Redmond Register reports.. Shares of Global Hemp Group (CNSX:GHG) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $0.02 and last traded at $0.03, with a volume of 71000 shares trading hands. The stock had previously closed at $238,899.00. The business has a 50 day simple moving average of $0.03 and a 200-day simple moving average of $0.04. About Global Hemp Group ( CNSX:GHG ) Global Hemp Group Inc (GHG), headquartered in Vancouver, British Columbia, Canada, with base operations in Montreal and Los Angeles, was founded in 2014. The Company is focused on a multi-phased strategy to build a strong presence in the industrial hemp industry in both Canada and the United States. The first phase of this strategy is to develop hemp cultivation with the objective of extracting cannabinoids (CBD, CBG, CBN &...
https://cannabislaw.report/how-low-can-you-go-global-hemp-group-cnsxghg-hits-new…
03/29/2020 - 9:17pm
Curaleaf On Upward Trend ?
(Acquisition, Arizona, California, Canada, Cannabis, Connecticut, Consultants, Deals, Development, Events, Facilities, Financing, Florida, Investments, Investors, Jordan, Law, Legalization, Management, Manufacturing, Marketing, Maryland, Massachusetts, Media, Medical Marijuana, Nevada, New York, Ohio, Oregon, Organic, Pennsylvania, Processing, Processing Facilities, Production, Products, Regulations, Research, United States, Utah, Vertically Integrated, Dispensaries, Cultivation, Intellectual Property) According to their latest figures and they say they are hiring too. “In fiscal 2019, the Curaleaf team delivered record results with our organic business growth and recent strategic acquisitions, solidifying our position as the leading cannabis operator in the United States,” CEO Joseph Lusardi said in a statement. Here’s what they are saying American cannabis operator Curaleaf Holdings, Inc. (CSE: CURA) reported record fourth-quarter revenue while also starting a hiring spree due to increased demand amid the COVID-19 crisis. The Massachusetts-based pot giant released its financial results Tuesday for the fourth quarter and full year ended Dec. 31, reporting record total revenue of US$75.5 million, and US$221 million, respectively. Fourth quarter revenue grew 22 per cent from the previous three-month period, which helped the company post a record adjusted EBITDA of US$13.8 million, which rose 32 per cent sequentially, Curaleaf said. In the 2019 fiscal year, the company said it...
https://cannabislaw.report/curaleaf-on-upward-trend/
03/29/2020 - 7:31pm
ACB
Report: "Aurora Cannabis (ACB) Poised for Significant Boost following Canada’s Massive Stimulus Package Rollout; Along with other Cannabis Companies."
(ACB, Aurora Cannabis Inc., Canada, Cannabis) First part that interested me: “Oddly enough, the Coronavirus and the economic misery it is creating has given some companies a fighting chance who were struggling before the virus took hold of our economy. The significant debt and convertibles that ACB has against them, will be less of an issue due to Canada’s new massive stimulus package that will allow them to extend their debt obligations. Also, ACB is a prime candidate for a significant GOVT/Canada stimulas package that is aimed at businesses.” and, “The Canadian sector was flooded with cannabis supply and companies were struggling to generate profitable revenue growth. Aurora Cannabis alone had C$216 million in inventory on their books suggesting enough supply for the next year. Source: http://investingbulletin.com/2020/03/aurora-cannabis-acb-poised-for-significant-boost-following-canadas-massive-stimulus-package-rollout-along-with-other-cannabis-companies/ submitted by /u/Hellcat_v8 [link] [comments]
https://www.reddit.com/r/weedstocks/comments/frfrm8/report_aurora_cannabis_acb_p…
03/29/2020 - 1:26pm
Cannabis sector implores feds to include industry in $82B stimulus package
(Canada, Cannabis) Leaders of Canada's cannabis industry are pleading with the federal government for help to curb the damage the coronavirus pandemic is having on ...
https://torontosun.com/news/national/cannabis-sector-implores-feds-to-include-in…
03/29/2020 - 12:19pm
CGC
Coronavirus Market Meltdown: Buy Canopy Growth Stock for Defensive Pot Status - The Motley Fool Canada
(Canada, CGC) Coronavirus Market Meltdown: Buy Canopy Growth Stock for Defensive Pot Status The Motley Fool Canada
https://www.fool.ca/2020/03/29/coronavirus-market-meltdown-buy-canopy-growth-sto…
03/29/2020 - 8:00am
AUSAF
Global Hemp Seed Oil Market Insights 2019-2025 | ENDOCA, Hemp Oil Canada, Suyash Herbs, Gaia Botanicals, Isodiol - Galus Australis
(AUSAF, Australis, Canada, Hemp, Seed Oil) Global Hemp Seed Oil Market Insights 2019-2025 | ENDOCA, Hemp Oil Canada, Suyash Herbs, Gaia Botanicals, Isodiol Galus Australis
http://galusaustralis.com/2020/03/566772/global-hemp-seed-oil-market-insights-20…
03/29/2020 - 7:55am
AUSAF
Global Hemp-based Foods Market Insights 2019-2025 | Manitoba Harvest, Hemp Oil Canada, Braham Murray, Jinzhou Qiaopai Biotech, Canah International - Galus Australis
(AUSAF, Australis, Canada, Compass Diversified Holdings, Foods, Hemp) Global Hemp-based Foods Market Insights 2019-2025 | Manitoba Harvest, Hemp Oil Canada, Braham Murray, Jinzhou Qiaopai Biotech, Canah International Galus Australis
https://galusaustralis.com/2020/03/566764/global-hemp-based-foods-market-insight…
03/29/2020 - 7:20am
Hemp Max Lab Canada - Reviews, Benefits & Price In Canada - Patch.com
(Canada, Hemp) Hemp Max Lab Canada - Reviews, Benefits & Price In Canada Patch.com
https://patch.com/connecticut/canton-ct/calendar/event/20200329/808015/hemp-max-…
03/28/2020 - 1:02am
SNDL
Sundial Growers to Reschedule Fourth Quarter and Fiscal Full-Year 2019 Financial Results to March 30, 2020
(Canada, Cannabis, Facilities, Genetics, Growers, Growing, Hemp, Media, SNDL, Stocks, Sundial Growers, Sundial Growers, Sundial Growers Inc, Sundial Growers Inc., United Kingdom, Cultivation) Sundial Growers to Reschedule Fourth Quarter and Fiscal Full-Year 2019 Financial Results to March 30, 2020 Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) announced today that it will reschedule the release of its fourth quarter and fiscal full-year 2019 financial results and investor conference call to allow for ongoing discussions with our lenders regarding modifications to our credit agreements. The rescheduled call and webcast will take place on March 31, 2020 at 10:30 a.m. EDT (8:30 a.m. MDT) and the Company will release earnings after market close on March 30, 2020. The rescheduling of the release of Sundial’s 2019 year-end financial reporting is not related to the completion of our financial results. CONFERENCE CALL ACCESS Callers may access the conference call via the following phone numbers: Canada/USA Toll Free: 1-800-319-4610 International Toll: +1-604-638-5340 UK Toll Free: 0808-101-2791 Callers should dial in 5-10 minutes prior to the scheduled start time...
https://www.marijuanastocksreport.com/sundial-growers-to-reschedule-fourth-quart…
03/28/2020 - 1:02am
ACB, CGC
Emerald Harvest Opens Doors, Makes Sanitizer to Fight Pandemic
(ACB, Aurora Cannabis Inc., Canada, Cannabis, CGC, Development, Facilities, Jordan, Monitoring, Production, Stocks, Vertically Integrated, Dispensaries, Cultivation) Emerald Harvest Opens Doors, Makes Sanitizer to Fight Pandemic The COVID-19 pandemic is forcing governments worldwide to take drastic measures to “flatten the curve” and reduce economic fallout, and Canada is no exception. The Great White North closed its border with the U.S. for all non-essential travel (goods are not included in that shutdown), shuttered schools, colleges and universities across the country, and provinces are taking steps to stop all non-essential businesses. The Canadian cannabis industry, for the most part, can operate as normally as it can. Dispensaries are conducting business with social distancing measures in place, deliveries can be made—although Canada Post will no longer deliver cannabis packages to purchasers’ homes , opting instead for postal office pickup to minimize delivery person exposure—and cultivation sites continue to operate. Both the Quebec and Ontario governments have deemed cannabis cultivation and retail businesses “essential” to the...
https://www.marijuanastocksreport.com/emerald-harvest-opens-doors-makes-sanitize…
03/28/2020 - 12:40am
Health Canada Asks Cannabis Industry for Help With COVID-19 Testing
(Canada, Cannabis, Testing) Canadian officials are turning to the cannabis industry to see if laboratories typically used to check for cannabinoids can be also used to test for COVID-19. In an email sent to licensed cannabis industry executives on Thursday obtained by BNN Bloomberg, Health Canada acting director general Joanne Garrah asked respondents if there was any spare lab capacity to assist the country with COVID-19 testing. "Health Canada is working to identify lab capacity that might be…
https://www.cannabisculture.com/content/2020/03/27/health-canada-asks-cannabis-i…
03/27/2020 - 3:42pm
Health Canada asks cannabis industry for help with COVID-19 testing - Article - BNN - BNNBloomberg.ca
(Canada, Cannabis, Testing) Health Canada asks cannabis industry for help with COVID-19 testing - Article - BNN BNNBloomberg.ca
http://www.bnnbloomberg.ca/health-canada-asks-cannabis-industry-for-help-with-co…
03/27/2020 - 3:39pm
The Cannabis Connection to Coronavirus - The Motley Fool Canada
(Canada, Cannabis) The Cannabis Connection to Coronavirus The Motley Fool Canada
https://www.fool.ca/2020/03/27/the-cannabis-connection-to-coronavirus/
03/27/2020 - 3:30pm
VIVO Cannabis to Host Conference Call for Fourth Quarter 2019 Results
(Canada, Cannabis, Management) This Post Was Syndicated Under License Via QuoteMedia VIVO Cannabis to Host Conference Call for Fourth Quarter 2019 Results Canada NewsWire NAPANEE, ON, March 27, 2020 NAPANEE, ON, March 27, 2020 /CNW/ – VIVO Cannabis Inc. (TSX: VIVO, OTCQX: VVCIF) (“VIVO” or the “Company“) today announced that senior management will host a conference call on Tuesday, March 31, 2020 at 10 a.m. ET to discuss the Company’s fourth quarter 2019 results. Conference call details: DATE: Tuesday, March 31, ... Read The Full Article On PotStockNews.com Get the latest marijuana stock news, cannabis on stock news on PotStockNews All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer .
https://potstocknews.com/vivo-cannabis-to-host-conference-call-for-fourth-quarte…
03/27/2020 - 2:19pm
Panic Buying May Not Save the Weed Industry, After All
(California, Canada, Cannabis, China, Colorado, Drinks, Edibles, Facilities, Growing, Loans, Nevada, Production, Products, Recreational, United States, Washington) Image via The regulated marijuana industry recently experienced record-breaking sales while everyone stocked up weed, but the heady hoarding triggered by COVID-19 lockdowns may not be enough to save pot businesses from a potential economic recession. Already, sales figures have slumped back down to their typical year-over-year numbers in some weed-legal states. According to data from the weed analytics firm Headset, sales spiked from March 15-16, just as the US began to (rightfully) freak out over the coronavirus pandemic. Sales then rapidly declined from March 17-19, with a slight uptick in sales on March 20, a Friday. “The response might mark a natural decline after consumers stocked up before sheltering in place,” wrote Maggie Cowee at MJBizDaily regarding last week’s figures, “or it could be the result of economic pressures from the pandemic, which has resulted in the closure of restaurants, gyms, ski resorts, and scores of other businesses, as well as the loss of thousands of...
https://merryjane.com/news/panic-buying-may-not-save-the-weed-industry-after-all
03/27/2020 - 2:05pm
HRVSF, KSHB, TGODF
Cannabis Weekly Round-Up: Cannabis Essential, but Stocks Still Hurting
(Acquisition, Alcohol, Canada, Cannabis, Consulting, Green Organic Dutchman, Green Organic Dutchman, Growing, Harvest Health & Recreation, HRVSF, Investing, Investment, Investments, Investors, KSHB, KushCo, Medical Marijuana, Organic, Packaging, Production, Recreational, Regulations, Stocks, TGODF, Dispensaries) COVID-19 continued to impact the marijuana industry this week, with more companies reacting to the ongoing global spread of the virus. Many cannabis-focused firms have announced layoffs and other operational changes as a result of the coronavirus; on a larger scale, an increasing number of areas in the US and Canada are designating cannabis as essential, allowing stores to keep operating amid widespread shutdowns. Read on for a closer look at some of the biggest cannabis news over the last five days. Find out what experts say about profiting from the cannabis market in 2020! Read our FREE 2020 cannabis outlook report! Give me my free report! Essential status for cannabis spreads More states in the US designated cannabis businesses as essential this week, allowing stores to remain open in places that have put lockdown measures in place to fight the spread of COVID-19. A map from Marijuana Business Daily indicates that as of Thursday (March 26) morning, seven states under stay-at-home...
https://investingnews.com/daily/cannabis-investing/cannabis-weekly-essential-but…
03/27/2020 - 12:48pm
ACB
Forget Aurora Cannabis (TSX:ACB) and Invest in This Marijuana Stock Instead! - The Motley Fool Canada
(ACB, Aurora Cannabis Inc., Canada, Cannabis) Forget Aurora Cannabis (TSX:ACB) and Invest in This Marijuana Stock Instead! The Motley Fool Canada
https://www.fool.ca/2020/03/27/forget-aurora-cannabis-tsxacb-and-invest-in-this-…
03/27/2020 - 12:00pm
Why The Black Market Continues To Thrive — And What Is Being Done About It
(California, Canada, Cannabis, United States) While the black market is thriving in nearly every market where cannabis is sold — it was 60% of second quarter sales in Canada in 2019 — it appears to be particularly troublesome in California. Continue reading Why The Black Market Continues To Thrive — And What Is Being Done About It at The Fresh Toast.
https://thefreshtoast.com/cannabis/why-the-black-market-continues-to-thrive-and-…
03/27/2020 - 11:25am
Do you think Cannabis 2.0 will provide a big boost to the Canadian marijuana industry in 1q20?
(Beverage, Canada, Cannabis, Products, Retail Stores) From what I've seen: • Alberta won’t have products on store shelves until mid-January. The province, which has the most retail outlets in Canada, currently has contracts with 42 cannabis producers and about half of them anticipate offering the new products. • Quebec will begin selling the new products on New Year’s Day if it has the product. Even then, it will likely be a limited offering of some teas and perhaps one beverage. • In Ontario, the new products will begin to appear in retail stores in early January. • Nova Scotia expects to have a small offering of new products in stores on Dec. 23, while online ordering won’t be available until Jan. 6 • New Brunswick will start receiving limited shipments of new products over the next few days, with more details coming later in the week submitted by /u/leclair523 [link] [comments]
https://www.reddit.com/r/weedstocks/comments/fpysxb/do_you_think_cannabis_20_wil…
03/27/2020 - 10:37am
Canada's Legal Cannabis Industry Advocates for Equitable Financial Treatment - Yahoo Finance
(Canada, Cannabis) Canada's Legal Cannabis Industry Advocates for Equitable Financial Treatment Yahoo Finance
https://finance.yahoo.com/news/canadas-legal-cannabis-industry-advocates-1437000…
03/27/2020 - 9:01am
Health Canada still processing new cannabis licenses during COVID-19 crisis
(Canada, Cannabis, Processing, Security) Health Canada says it will continue reviewing applications for new cannabis licenses and security-clearance applications during the COVID-19 pandemic, but applicants might face some delays. That news could come as some consolation to would-be Canadian cannabis businesses who are awaiting their licenses and security clearances during a time of acute economic uncertainty. Earlier this week, […] Health Canada still processing new cannabis licenses during COVID-19 crisis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
https://mjbizdaily.com/health-canada-still-processing-new-cannabis-licenses-duri…
03/27/2020 - 8:56am
SNDL
Sundial Growers Inc. (SNDL) to Reschedule Fourth Quarter and Fiscal Full-Year 2019 Financial Results to March 30, 2020
(Canada, Cannabis, Facilities, Genetics, Growers, Growing, Hemp, Investments, SNDL, Stocks, Sundial Growers, Sundial Growers, Sundial Growers Inc, Sundial Growers Inc., United Kingdom, Cultivation) Sundial Growers to Reschedule Fourth Quarter and Fiscal Full-Year 2019 Financial Results to March 30, 2020 Sundial Growers Inc. (SNDL) (“Sundial” or the “Company”) announced today that it will reschedule the release of its fourth quarter and fiscal full-year 2019 financial results and investor conference call to allow for ongoing discussions with our lenders regarding modifications to our credit agreements. The rescheduled call and webcast will take place on March 31, 2020 at 10:30 a.m. EDT (8:30 a.m. MDT) and the Company will release earnings after market close on March 30 , 2020. The rescheduling of the release of Sundial’s 2019 year-end financial reporting is not related to the completion of our financial results. CONFERENCE CALL ACCESS Callers may access the conference call via the following phone numbers: Canada / USA Toll Free: 1-800-319-4610 International Toll: +1-604-638-5340 UK Toll Free: 0808-101-2791 Callers should dial in 5-10 minutes prior to the scheduled start time...
https://marijuanastocks.com/sndl-to-reschedule-fourth-quarter-and-fiscal-full-ye…
03/27/2020 - 8:52am
WDDMF
WeedMD Responds to UFCW Canada
(Canada, Cannabis, WDDMF, WeedMD) WeedMD Inc. issued the following public statement in response... Read the full article " WeedMD Responds to UFCW Canada " on The Daily Marijuana Observer .
https://mjobserver.com/investments/weedmd-responds-to-ufcw-canada/
03/27/2020 - 8:33am
CGC, HEXO
Are Marijuana Stocks On Their Way Back Up In The Market?
(Canada, Cannabis, CGC, HEXO, Investing, Investments, Investors, Recreational, Stocks) The cannabis industry has been extremely up and down over the course of the past three weeks. Although the coronavirus still seems to be very much in effect, it appears as though investors are becoming more and more comfortable with the idea of investing marijuana stocks . The past three weeks have been mostly filled with losses in the whole of the stock market, but many of the leading pot stocks have actually shown gains in the past three days. March 26th, helped to cement three days of very solid gains. [Read More] Pot Stocks Have a Day of Bullish Gains Marijuana Stocks On The Rise During the trading day on March 26th, we saw Tilray ( TLRY Stock Report ) shoot up by as much as 60%, ending the day at around $8.50. This is a massive gain, even for the cannabis market. This gain could show that there may be room for the bulls to begin stepping back into the industry. But, it seems as though it also could be too early to tell what direction the industry is moving in. The coronavirus has...
https://marijuanastocks.com/are-marijuana-stocks-on-their-way-back-up-in-the-mar…
03/27/2020 - 8:30am
APHA
Aphria Inc. Recognized for Executive Gender Diversity by Globe and Mail’s Women Lead Here Benchmark and Provides an Update on COVID-19
(APHA, Aphria Inc., Canada, Cannabis) This Post Was Syndicated Under License Via QuoteMedia Aphria Inc. Recognized for Executive Gender Diversity by Globe and Mail’s Women Lead Here Benchmark and Provides an Update on COVID-19 Canada NewsWire LEAMINGTON, ON, March 27, 2020 Aphria Inc.’s female C-Suite composition cited as main driver for recognition LEAMINGTON, ON, March 27, 2020 /CNW/ – Aphria Inc. (“Aphria” or the “Company“) (TSX: APHA and NYSE: APHA), a leading global cannabis company, today is pleased to announce it has earned a spot on the Globe and Mail’s inaugural Report on Business Women ... Read The Full Article On PotStockNews.com Get the latest marijuana stock news, cannabis on stock news on PotStockNews All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer .
https://potstocknews.com/aphria-inc-recognized-for-executive-gender-diversity-by…
03/27/2020 - 7:55am
AgraFlora Organics International Inc. (AGRA) (AGFAF) GTA Facility Receives Amendments Necessary to Launch CBD Business
(Canada, Cannabis, CBD, Edibles, Events, Extraction, Hemp, Investments, Law, Management, Manufacturing, Processing, Production, Stocks, Cultivation) AgraFlora Organics’ GTA Facility Receives Amendments Necessary to Launch CBD Business AgraFlora Organics International Inc. (“AgraFlora” or the “Company”) (CSE: AGRA) (PU31.F) (OTCPK: AGFAF) is pleased to announce its wholly owned subsidiary Sustainable Growth Strategic Capital Corp. (“SGSC”), a federally licensed cannabis company based in the Greater Toronto Area (GTA), has received Health Canada approval to commence extraction at its licensed facility pursuant to an amendment to its Standard Processing License. SGSC also holds Standard Cultivation and Medical Sales Licenses issued pursuant to the Cannabis Act. SGSC has been actively engaged in the Canadian CBD business, working with partner farmers to optimize the harvest to hemp-crops to maximize the efficiency of subsequent CBD extraction. In March, SGSC commenced a trial extraction (the “Trial”) of hemp-biomass which will be extracted using third-party extraction services and sold as a combination of CBD Crude Oil, CBD Distillate...
https://marijuanastocks.com/agra-agfaf-gta-facility-receives-amendments-necessar…
03/27/2020 - 7:52am
CRTPF
Cardiol Therapeutics Announces Filing of 2019 Year-End Financial Statements and MD&A
(Canada, Cardiol Therapeutics, CBD, CRTPF, Development, Management, Production, THC, Pharmaceuticals) Cardiol Therapeutics Inc. (TSX: CRDL , OTCQX: CRTPF) (“Cardiol” or the “Company”), a leader in the production of pharmaceutical cannabidiol (CBD) and the development of innovative cannabidiol medicines for heart disease, today filed its audited Year-end Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2019. Both are available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.cardiolrx.com . “2019 was a pivotal year for Cardiol Therapeutics,” stated David Elsley, President and CEO. “We attracted industry-leading talent to our management team, world class stewardship and experience to our Board of Directors, and global thought leaders in cardiology to the Steering Committee for our Phase 2 international trial in acute myocarditis. We also established the commercial infrastructure and pharmaceutical supply chain necessary to support the commercial launch of the purest cannabidiol in the world – a product...
https://investingnews.com/daily/cannabis-investing/cardiol-therapeutics-announce…
03/27/2020 - 7:30am
GGBXF, HRVSF, OGRMF
Green Market Report’s Marijuana Money March 27, 2020
(Canada, Cannabis, CBD, Connecticut, Food, GGBXF, Green Growth, HRVSF, Massachusetts, Medical Marijuana, OGRMF, OrganiGram Inc, Recreational, United States, Dispensaries) The COVID19 pandemic continues to rage on. Unfortunately for Massachusetts recreational dispensaries, what had been the silver lining in the clouds, meaning increased sales, has been taken away. The state decided to stop all adult use cannabis sales and now only medical marijuana sales can take place. Despite the virus crisis, companies are still making key decisions. The Harvest Health and Verano deal is over. The deal which was once valued at $850 million when Harvest stock was trading at roughly $8 has been terminated. Harvest stock is now trading just over a dollar. Charlotte’s Web announced an agreement to acquire Abacus and the combined entity is anticipated to represent nearly 35% of U.S. CBD sales withing the Food/Drug/Mass Retail channel. The deal is valued at $99 million. Curaleaf Holdings, Inc. said it will acquire three Arrow Alternative Care (AAC) dispensaries in the state of Connecticut. AAC operates three out of 18 total stores currently operational in the state...
https://www.greenmarketreport.com/green-market-reports-marijuana-money-march-27-…
03/27/2020 - 6:55am
Coronavirus Delays: Where Do Cannabis Bills Stand Across the US?
(Advertising, Alabama, Canada, Cannabis, CBD, Connecticut, Edibles, Kentucky, Law, Legalization, Medical Marijuana, New Hampshire, New York, Pennsylvania, Research, Rhode Island, South Carolina, Tennessee, United States, Vermont, Cultivation) As 2020 kicked off, advocates were pushing for cannabis law reform along the two main tracks: ballot and bill. But just as the signature gathering geared up in anticipation of the November election, and lawmakers were deep in debates, the coronavirus outbreak hit the United States. Now, state governors, lawmakers, and other officials have shifted their energy toward flattening the curve. Whether this spells delay or demise for certain cannabis reform efforts in 2020 remains unknown. Cannabis Wire has reached out to the sponsors of major medical and adult use legislation to see where things stand. Here’s what they had to say. (Editor’s note: There are hundreds of pieces of more incremental cannabis legislation, addressing everything from taxes to advertising, but Cannabis Wire is focusing on bills that would bring, for example, medical or adult use sales to a state for the first time.) ALABAMA Senate Bill 165 would legalize medical cannabis sales; currently, state law allows only for...
https://cannabiswire.com/2020/03/27/coronavirus-delays-where-do-cannabis-bills-s…
03/27/2020 - 1:00am
CGC, FAF, NXTTF
3 Canadian Cannabis Companies Built To Withstand The Covid-19 Demand Shock
(Acquisition, Canada, Cannabis, Canopy Growth Corporation, CGC, Consultations, Development, FAF, Fire & Flower, Fire & Flower Holdings Corp., Investors, Management, Media, Medical Marijuana, NXTTF, Partnerships, Products, Recreational, Retail Stores, Stocks, Dispensaries, Recreational Cannabis) 3 Canadian Cannabis Companies Built To Withstand The Covid-19 Demand Shock Although the coronavirus has significantly impacted the retail landscape in Canada, demand for cannabis remains strong as dispensaries work to implement procedures to keep employees and customers safe. Earlier reports have suggested that Canadian cannabis retailers are reporting an unprecedented surge in demand for cannabis as consumers stock up on product just in case the country is shutdown. This comes as retailers have modified their business models to allow for online ordering and delivery services. Earlier this month, Canopy Growth Corporation (WEED.TO) (CGC) announced plans to shut down its retail store in an effort to combat the spread of the coronavirus and we are favorable on the measures that the Canadian cannabis producer put in-place. With provinces across the country reporting similar spikes in demand for cannabis, we believe that our readers need to be aware of the companies that are positioned to...
https://www.marijuanastocksreport.com/3-canadian-cannabis-companies-built-to-wit…
03/26/2020 - 11:56pm
ACB, TGODF, APHA, CGC, OGRMF
Canadian cannabis stocks hide compensation consultant fees
(ACB, APHA, Aphria Inc., Bitcoin, Canada, Cannabis, CGC, Consultants, Consulting, Events, Green Organic Dutchman, Green Organic Dutchman, Grower, Investment, Investors, Law, Loans, Management, Media, New York, OGRMF, Organic, OrganiGram Inc, Regulations, Social Media, Stocks, TGODF, United States, Digital Currencies, Pharmaceuticals, Hedge Fund, Security) Authored by: Teri Buhl Canadian cannabis company CEOs have been making big pay packages over the last few years coinciding with net losses. But, they have not been disclosing details required by Canadian law about who they employ to come up with the pay formulas and how much these consultants are paid. A review of Canadian public filings by Cannabis Law Report has found at least three publicly traded companies who have failed to be transparent in telling shareholders how much they were actually paying their executives. It appears that some packages could be described as “over-compensation” and were / are making some individuals very wealthy. Compensation consultants are often required by boards of publicly traded companies to enable an independent outside party to come up with a realistic approach to how the CEO and also key management are compensated thus stopping companies using internal resources to pull any old figure or package out of thin air. Cannabis operations that have grown...
https://cannabislaw.report/canadian-cannabis-stocks-hide-compensation-consultant…
03/26/2020 - 8:21pm
MediPharm Labs Launches First Branded Products
(Canada, Cannabis, CBD, Extraction, Products, Research, THC, Pharmaceuticals) MediPharm Labs Releases New Line Of Low-THC High CBD Products Across Canada. MediPharm Labs Corp. (TSX: LABS) a global leader in specialized, research-driven pharmaceutical-quality cannabis extraction, distillation and derivative products, is pleased to announce the launch of its new family of "MediPharm Labs" branded products to deliver high quality, innovative offerings to consumers in the medical and […] The post MediPharm Labs Launches First Branded Products appeared first on The Green Fund .
https://thegreenfund.com/medipharm-labs-launches-first-branded-products
03/26/2020 - 8:14pm
Leafly Canada’s Guide to 420
(Canada, Cannabis, Deals, Strains) Whatever your questions about 420, Leafly has the answers. Find out what cannabis strains to smoke, where to get the best deals on marijuana and accessories, and how to celebrate cannabis this year. The post Leafly Canada’s Guide to 420 appeared first on Leafly .
https://www.leafly.com/news/canada/leafly-guide-to-420-canada