Consumers Won’t See Cannabis Edibles, Extracts, and Topicals Until Mid-December – LPC Cannabis edibles, extracts, and topicals became legal in Canada on October 17, 2019. But you won’t be seeing them on the shelves anytime soon. The federal government requires companies to file notice with Health Canada 60 days prior to selling. No reasons were…

“Growthy” Cannabis Stocks to Be Taken Over in the US by Tobacco and Drinks Companies – US Wealth Adviser To say that Carol Pepper of Pepper International is hot on cannabis stocks is an understatement. She is calling cannabis stocks the “next huge growth area” – presumably because US cannabis legalization is expected soon. “If…

Revenues Up but Profits Missed Expectations – Could Be Sign of Things to Come Canopy Growth reported that third-quarter sales rose 282 per cent over the past year, though a dig deeper into the numbers could reveal something about the current cannabis industry. Unsurprisingly, the recreational cannabis market was the key driver, accounting for more…

  First Six Weeks of Cannabis Legalization Sees Brisk $2.1 Million in Business Statistics Canada released figures for legalized cannabis sales in November – and the results might be surprising. Stats revealed that PEI had the highest per capita legalized cannabis sales in the first six weeks of cannabis legalization. Provincial retailer PEI Cannabis’ sales…

Acreage Holdings CEO Believes Bill to Legalize Cannabis Will Pass This Year At least one insider in the United States market believes that the country will legalize cannabis on the federal level this year. Kevin Murphy, CEO of Acreage Holdings, said that cannabis legalization in Canada had an “extraordinary impact” on the industry. “I believe…

Farmers Now Earn $50,000 Per Acre Instead of $1,000 The Trump government in the United States has now legalized hemp, which not only is a big economic move on its own but also signals that cannabis in general may not be far behind. A recent Forbes article (click on the link below) connects the recent…