Cannabis Mention Adds Millions to These Companies’ Valuations
New Age Beverages Corp. shares have tripled this month. Alkaline Water Co.’s stock more than doubled. And IntelGenx Technologies Corp. did that in a single day last week. On the surface, the companies may not have much in common — one makes trendy Kombucha drinks, another pH-balanced water, while the last makes oral films for medications. But their plans in the emerging legal cannabis market has caught investors’ attention. Read more
Cannabis Stock Price Analysis – Auxly Cannabis Group Inc
Upon a cursory glance of its price alone, Auxly Cannabis (CBWTF), formerly Cannabis Wheaton, may not look like an attractive prospect. It screams penny stock, which in most cases, is something to avoid. But if we take a look at the potential factors that may drive growth, the low valuations may appear somewhat attractive. Read more
Eyes of the global marijuana industry are on Canada as it legalizes recreational use
In less than a month, Canada will become only the second country in the world and the first G-7 nation to bring marijuana prohibition to an end. Canada will legalize cannabis for recreational use. The move comes at a time when major corporations such as Constellation Brands are deepening investments in the space, cannabis stocks are seeing major volatility, and talk of a bubble is brewing. Read more
Integrated Cannabis Signs Co-Development and Marketing Agreement With a Canadian Licensed Producer, GTEC Holdings Ltd.
Integrated Cannabis Company, Inc. is pleased to announce the completion of a Letter Agreement to collaborate on X-SPRAYS™ products for the Canadian market with GTEC Holdings Ltd, a Canadian License Producer under Health Canada’s Access to Cannabis for Medical Purposes Regulations. Read more
Cannabis Stock Price Analysis – HEXO Corp and Emerald Health Therapeutics
HEXO Corp (HYYDF) has a few things going for it, and unlike TIlray (whose stocks parabolic gain last week shot up as fast as it crashed back down before the weekend), HEXOs stock price hasnt quite reached such overvalued levels. HEXO is one of two cannabis growers who will be partnering with the Molson Coors Brewing Company to develop pot-infused beverages. With its current capacity to produce 108,000 kilos of cannabis per year, HEXO is zeroing in on securing a 35% market share of recreational cannabis in Quebec, in addition to capitalizing on its supply agreements in Ontario and British Columbia. Let’s take a look at its current price action. Read more
The Budding Cannabis Market Continues to Breed Innovation
The cannabis industry has continued to be fueled by new innovation and the changing public perception of the substance over the course of the past several months. Although there has been some topsy-turvy news that has hit the space, it seems as though as the market is able to stabilize over the course of the coming weeks to months, many of these issues will begin to settle down. In the meantime, many companies have been able to show a large amount of intrinsic value through new products and a large amount of exposure to various markets around the world. Read more
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