Cronos Group reported third-quarter results on Tuesday. The marijuana producer’s revenue grew 186% year-over-year. It lost $0.04 a share, down from $0.01 profits per share. Watch Cronos Group trade live here. The Canadian cannabis grower Cronos Group on Tuesday reported third-quarter results that saw its revenue grow but loss widen. Shares were down as much as 5% in early […]
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Seniors are among the fastest-growing population of new cannabis users. However, the stigma behind cannabis could be keeping some seniors from getting much-needed relief from chronic pain, as well as sleepless nights. Greg Saweikis is one senior finding relief through cannabis. Since he was diagnosed with stage 4 pancreatic cancer in 2017, he’s undergone rounds […]
Producers Developing New Products Ahead Of Next October In the weeks after legalization, cannabis companies are already looking ahead to 2019, when edible cannabis products are expected to become legal. (Submitted) Now that recreational cannabis is legal in Canada, producers are looking forward to what they’re calling the “second wave” of legalization — edibles, drinks and […]
Cannabis stocks experienced a volatile week as gains from U.S. legalization and Sessions’ resignation were erased by Friday. Three U.S. States (Michigan, Missouri, and Utah) legalized marijuana and cannabis foe Jeff Sessions resigned as the Attorney General. Mexico’s incoming government proposes a new bill to legalize both medical and recreational cannabis on a national level. Welcome […]
Possessing small amounts marijuana would no longer come with the threat of jail time if a Texas Democratic representative—and the state’s Republican Party—have their way. On Monday, the pre-filing period for the upcoming 2019 legislative session, which begins in January, kicked off, and one of the first bills put forward is a proposal to decriminalize […]
‘This could really change people’s lives in Merritt,’ says Emerald executive vice-president’ Arnold Meyer spent 40 years working at the Tolko Industries Ltd. mill in Merritt, B.C., but was laid off in 2016.The 62-year-old was one of about 200 employees who lost their jobs when the mill closed, crippling the economy of the small town in […]
Aurora Cannabis (ACB) reported better-than-expected fiscal Q1 financial results Monday morning. This earnings report is the company’s first since Canada legalized the recreational use of marijuana last month. The Canadian cannabis company saw C$29.7 million in revenue for Q1, which was up 260% year over year. “The commencement of adult consumer use sales in Canada […]
Although it wasn’t the green sweep that cannabis enthusiasts were hoping for, the recently passed midterm elections turned in a second-best case scenario for the marijuana legalization movement in the United States. Entering Election Night, there were 30 states that had passed broad-based medical cannabis laws, nine of which also allowed adults to use recreational cannabis. Of […]
“Want high, add heat, want health, just eat.” Rob Mahy used those words as he opened a cannabis cooking class for about a dozen students at Kathy Hopson’s Wolf River Farm north of Leith on Saturday afternoon. He used the words to explain to his audience that there are health benefits by consuming cannabis orally, […]
Numerous stores dealing with empty shelves and disgruntled customers, with fears many consumers will turn to the black market. When Trevor Tobin opened one of Canada’s first legal cannabis stores last month, he had high hopes of playing a small part in a historic national experiment – and of making a tidy profit. Brimming with […]