TSX plunges before trading halt while U.S. on path to worst week since 2008

TORONTO — Canada’s main stock index plunged for a fifth straight day before trading was prematurely halted while U.S. markets were in correction territory on the path to their worst weekly performance since the financial crisis. The S&P/TSX composite index was down 324.48 points or 1.9 per cent at 16,717.44 before trading ended at 1:54 […]

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Hobo Cements Expansion into Prairies

Lethbridge store opening signals Hobo’s Alberta market entry with construction underway on two additional provincial locations Vancouver, Feb. 28, 2020 (GLOBE NEWSWIRE) — One of Canada’s top-performing cannabis retailers, Hobo Cannabis Company (“Hobo”), today announces the opening and launch of its first retail store in Downtown Lethbridge, Alberta (305 6th Street South), with an additional two locations […]

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CannTrust receives Continued Listing Notice from the NYSE

VAUGHAN, ON, Feb. 28, 2020 /CNW/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST, NYSE: CTST) announced today that on February 27, 2020 the Company received written notification from the New York Stock Exchange (the “NYSE”) that CannTrust is no longer in compliance with the NYSE’s continued listing standard rules because the per share trading […]

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A Check-In for Couples who love Cannabis

Life is about relationships and the way they enrich our lives. The difference between one that is harmful or healthy can walk a thin line, but with a bit of effort, practice, and honesty, harmony is attainable between partners. Your relationship with cannabis is just as unique as your endocannabinoid system, and positive or negative, […]

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Why is cannabis so expensive in some provinces?

To evaluate cannabis legalization‘s progress and success, Canadians need good information about legal product sales. Unfortunately, most provincial cannabis agencies keep results overly secret. And some publicly available estimates lack precision. One example of cannabis agency secrecy made the news last week. An investigation found cannabis oil prices vary “wildly” between provinces. Inter-provincial price differences […]

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Acreage Holdings Reports Fourth Quarter and Full Year 2019 Results

NEW YORK, Feb. 26, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ), one of the largest vertically integrated cannabis operators in the U.S., today reported financial results for the fourth quarter and year ended December 31, 2019. FOURTH QUARTER AND FULL YEAR FINANCIAL HIGHLIGHTS (UNAUDITED) Reported fourth quarter revenue of […]

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Hobo Cannabis Company Announces Ontario Expansion Plan

Hobo is focused on driving rapid market expansion throughout the province with bold entrance into the Toronto market VANCOUVER, British Columbia, Feb. 25, 2020 — Hobo Cannabis Company (“Hobo”) today announces its most ambitious expansion to date, with twelve new retail locations planned for Ontario. Combined with the company’s announcement in January 2020 of three new retail […]

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Authorities seeking seizure of property associated with 99 North

Provincial authorities are seeking permission from the courts to seize property and money they claim is associated with 99 North, Squamish’s first cannabis store – $4,296 in cash, land, and a house on Second Avenue, in Squamish – owned by Bryan Trevor Raiser. 99 North, which opened in 2015, was later shut down by the […]

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Cannabis retail brand mīhī awarded operating license

TORONTO, Feb. 24, 2020 /CNW/ – mīhī, a cannabis retail brand, has been awarded a cannabis retail operating licence by The Alcohol and Gaming Commission of Ontario (AGCO). The Ontario-based retailer expects to open its first location this spring. “This marks a significant milestone for mīhī,” said Tom Dyck, CEO, mīhī. “Since 2018 the company has invested heavily in the Ontario market, speaking with […]

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Cronos Group delaying release of its latest financial results

TORONTO — Cronos Group Inc. is delaying the release of its fourth-quarter and full-year financial results. The cannabis company says it has had a delay in the completion of its financial statements. It did not further explain the cause of the postponement, leaving investors and analysts worried. Cronos had been scheduled to release its results […]

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