TORONTO -- Global alcohol giant Constellation Brands will invest $5 billion in Canopy Growth Corp. -- the largest strategic investment in the cannabis space to date -- which the marijuana producer says will help it scale up and fend off competition from established players in big pharma and booze who are hungrily eyeing the pot industry.
VANCOUVER, June 7, 2018 /CNW/ - BLOCKSTRAIN TECHNOLOGY CORP. (the "Company" or "BLOCKStrain") (TSXV: DNAX) is pleased to announce that cannabis pioneer Derek Pedro has agreed to join the Company's Advisory Board.
SMITHS FALLS, ON and MIRABEL, QC, May 27, 2018 /CNW/ - Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) ("Canopy Growth" or the "Company") together with Les Serres Stéphane Bertrand Inc. ("Bertrand") are pleased to announce that their joint business Les Serres Vert Cannabis Inc. ("Vert Mirabel"), received a cultivation licence from Health Canada on Friday, May 25, 2018.
VICTORIA — Canada is about to enter a new gold rush with many dreaming of striking it rich in the marijuana industry, says former British Columbia premier Mike Harcourt, who has staked his own claim in a medicinal marijuana company.
After a choppy start to 2018 for the Canadian stock market, the S&P/TSX Composite Index managed to put together a rally in late April. Investors on the hunt for growth should not only target quality companies, but those that are involved in growing industries. Today, we will focus on three stocks that fit the bill and could yield explosive gains in the long term.
Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (FRA:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that the Company has received final approval to list the common shares and warrants of the Company on the TSX Venture Exchange (“TSXV”) as a Tier 1 issuer.
Medical cannabis Company Aleafia Health Inc. (TSX: V.ALEF, OTCQB: CAMDF, Forum) announced Tuesday that it has formalized a strategic genetic supply agreement with another medical cannabis Company, CannTrust.
With legalization of cannabis expected in Canada and other nations also relaxing or considering changes to laws, some of the largest investors in Canada are increasing their holdings of producers’ stock.
As US and Canadian government policies toward marijuana grow more divergent amid Canada’s push for legalization, their stock exchanges have seen a flurry of cross-listing activity from companies eager to snap up investment capital and carve out dominant positions in a growing global market.