CannTrust Q3 Profit Falls Despite Record Revenues; Filing for NYSE Listing

VAUGHAN, Ont. — CannTrust Holdings Inc. posted record revenues in the third quarter but the licensed producer of medical and recreational cannabis saw its net income decrease 36 per cent in the quarter before...

U.S. Cannabis Financing Outpaces Canadian Cannabis Companies on CSE

TORONTO — U.S. cannabis companies raised $1.5 billion on the Canadian Securities Exchange during the first 10 months of this year, surpassing their Canadian counterparts for the first time. Data from the smaller, alternative exchange...
stocks

Energy and Pot Stocks Help Toronto Market Higher, U.S. Stocks Surge

Energy and Pot Stocks Help Toronto Market Higher, U.S. Stocks Surge TORONTO — Canada's main stock index posted a triple-digit gain in late-morning trading, boosted by the energy sector and gains in the health-care sector,...
green growth brands.

Green Growth Brands Adds Another Strategic Investor: Brings Total Raise to Over C$140 Million

Green Growth Brands: Latest Investor's Update COLUMBUS, Nov. 5, 2018 /CNW/ - Green Growth Brands ("GGB") is pleased to announce, in advance of its previously announced business combination transaction (the "Transaction") with Xanthic Biopharma Inc., that it has closed an...
Global Cannabis Market Valuevideo

Global Cannabis Market Value to Hit $146 Billion by 2025

Global cannabis market value is expected to reach a staggering $146.4 billion by the time 2025 rolls around. With a current market value of $10 billion USD in 2018, predictions say it’ll grow over 14 times...
nYSE

Stocks Under Pressure in Early Trading, Aurora Sinks on NYSE Debut

Stocks Under Pressure in Early Trading, Aurora Sinks on NYSE Debut TORONTO — Canada's main stock index sank in early trading, while shares of some of the big names in the marijuana sector also continued...
Tilray

Pot Investors had few Reasons to Celebrate First Day of Legalization

Pot Investors had few Reasons to Celebrate First Day of Legalization TORONTO — Canadian investors had few reasons for revelry on the first day of cannabis legalization Wednesday as some of the industry's biggest names...

Brian Mulroney Joins Board of Directors of New York-based Pot Company

Brian Mulroney Joins Board of Directors of New York-based Pot Company NEW YORK — Former prime minister Brian Mulroney is joining the board of directors of an American cannabis company. Acreage Holdings, one of the largest vertically...
Legalized Marijuana Sales Cannabis Weed Legalizationvideo

Legalized Marijuana Sales Could Reach $1 Billion in Fourth Quarter

Legalized marijuana sales could reach $1 billion according to Stats Canada. Fourth quarter estimates range between $816 million and $1.02 billion. However, purchases of illicit cannabis during the same period could be between $254 million and $317 million.
Stock market

Pot Stocks Down on First Day of Legalization as Broader Market Also Moves Lower

Pot Stocks Down on First Day of Legalization as Broader Market Also Moves Lower TORONTO — Shares in some of the big names in Canada's marijuana industry were in the red on the first day...