Home / 2018 / October (page 30)

Monthly Archives: October 2018

Alberta retailer says cannabis sales leave booze in the dust

Alberta retailer says cannabis sales leave booze in the dust

The first customer at Nova Cannabis in Calgary pays for his product on Wednesday, Oct. 17, 2018. Leah Hennel/Postmedia Its cannabis sales numbers are smokin’ their booze side, says marijuana-liquor retailer Alcanna. And the more potent the pot, the faster it sells, said company CEO James Burns. “At least initially, a …

Read More »

Pivot Pharmaceuticals, Cartagena Inc. focus on commercializing new space in cannabis-infused beverage market

Joint venture to look at providing infused-cannabis, non-alcohol drink in, among other places, Canada.

The goal is to sell beverages “in Canada, California, EU and Latin America markets, where and when regulations permit.” Vancouver-based Pivot Pharmaceuticals Inc. and Cartagena Inc. have set their collective sights on the global market for cannabis-infused, non-alcoholic beverages. Pivot Pharmaceuticals has signed a Letter of Intent to create a …

Read More »

Investing in pot stocks: Is the ‘gold rush’ over legal cannabis worth the risk?

Investing in pot stocks: Is the 'gold rush' over legal cannabis worth the risk?

Long before they sold a single gram of recreational weed, the key companies in Canada’s new legal cannabis market were already publicly traded. It’s an unusual and defining feature of Canada’s cannabis industry. Traditionally, companies listed on Canadian stock exchanges are older and more established. In the cannabis market, the oldest companies have been growing marijuana for only four years. …

Read More »

GrowHealthy Now Delivering Medical Cannabis to South Florida Patients in Less Than 24 Hours

GrowHealthy Holdings, LLC (CNW Group/GrowHealthy Holdings, LLC)

WEST PALM BEACH, FL, Oct. 23, 2018 /PRNewswire/ – GrowHealthy Holdings, LLC (“GrowHealthy”), a Florida-based vertically-integrated cannabis operator, is pleased to announce the opening of its new distribution hub in Deerfield Beach, Florida. Patients living throughout South Florida can now place and receive orders within 24 hours, seven days a week. …

Read More »

Mapping cannabis in Calgary: A location near you?

Mapping cannabis in Calgary: A location near you?

Beltline Cannabis Calgary owner Karen Barry is hoping to open her 12th Avenue S.W. store soon. She was photographed outside the store on Thursday, Oct. 18, 2018. Gavin Young/Postmedia Dozens of new cannabis stores are expected to open in the coming weeks across Alberta, with Calgary leading the way. Although …

Read More »

Aurora Cannabis shares plunge in NYSE debut

Aurora Cannabis shares plunge in NYSE debut

Many of Aurora’s marijuana peers were tumbling sharply, too. Investors have been dumping cannabis stocks since Canada legalized recreational marijuana last week. It’s a classic case of buying the rumor and selling the news, as many of them surged in the past few months. Shares of Canopy Growth (CGC), Cronos …

Read More »