Canada’s Pot Sales Shot Up 120% In 2020. What’s In Store For 2021?

• March 18, 2021 11:44 AM EDT
• Shreya Biswas

Source: Dmytro Tyshchenko, Shutterstock Stocks of HEXO Corp (TSX:HEXO) took off in the premarket hours on Thursday, March 18, up by as much as 10 per cent. Once the markets opened, the pot stock registered a spike of roughly eight per cent at the ti...

• March 18, 2021 07:55 AM EDT
• Team Kalkine

Source: TayHamPhotography, Shutterstock Ever since the legalization of recreational cannabis in Canada, growth in the cannabis industry has been significant and it has given ample investment opportunities to investors. According to a study by marke...

• March 16, 2021 07:54 AM EDT
• Anuj

Source: Botsmanmi, Shutterstock Cannabis stocks have been extending their rally as the Mexican lawmakers moved closer to pass a bill that would decriminalize recreational cannabis use. Once the US and Mexico legalize marijuana, the cross-border tra...

• March 15, 2021 12:12 PM EDT
• Ipsita Sarkar

Source: ukhta Yurii, Shutterstock Summary High Tide on (TSXV HITI) investors’ radar after it goes on an expansion spree across Canada. Since its debut last November, the stock gained over 330 per cent. High Tide’s revenues rose by...

• March 11, 2021 03:39 PM EST
• Ipsita Sarkar

Source: ShutterstockProfessional ,Shutterstock Summary Organigram shares jump 28 per cent after the deal on Thursday morning. British American Tobacco company to collaborate on next generation cannabis product. Organigram shares gained 2...

• March 09, 2021 09:44 AM EST
• Shreya Biswas

Source: Dmytro Tyshchenko, Shutterstock Summary Canopy Growth Corporation (TSX: WEED), along with a few other licensed pot producers, has come under the microscope following certain complaints. Reports say that national healthcare regulator He...

• March 08, 2021 10:39 AM EST
• Ipsita Sarkar

Source: Yarygin, Shutterstock Summary Aphria stock has been trading actively with a 10-day trading volume of seven million. The last one-year return of this pot stock is over 350 per cent. Aphria-Tilray merger to soon materialize.  ...

• March 08, 2021 03:25 AM EST
• Anuj

Source: sangriana, Shutterstock After years of being hidden in the dark alleys of an inaccessible world, psychedelics are now witnessing an unprecedented revival with the support of solid research. Amid the cannabis legalization spree across North ...

• March 03, 2021 08:54 AM EST
• Shreya Biswas

Source: Lumppini, Shutterstock Summary Pharmadrug stock hit its highest point in nearly two years on February 17, at C$ 0.195. It records a year-to-date (YTD) growth of nearly 65 per cent. Canadian company MediPharm Labs recently conducted a ...

• March 02, 2021 10:16 AM EST
• Shreya Biswas

Source: Handatko, Shutterstock Summary The Canadian cannabis industry contributed C$4.66 billion to the GDP. Organigram stock has returned over 136 per cent year-to-date Fire stock is up by 68 per cent in the last one month  Since ...