Marijuana is arguably the hottest and fastest-growing industry in North America. According to cannabis research firm ArcView, legal weed sales in North America jumped by 34% in 2016, and they're expected to grow by 26% per year through 2021. We could be talking about a nearly $22 billion...
A new market as large as $8.7 billion per year could open up in Canada in 2018. That's the high end of the range projected by accounting and consulting firm Deloitte for the Canadian recreational marijuana market. Prime Minister Justin Trudeau is pushing to legalize recreational use of the drug...
The marijuana industry is growing like a weed, and stock investors have really begun to take notice. According to a recent report from Marijuana Business Daily, U.S. legal weed sales are expected to grow by a blazing 30% in 2017 to a range of $5.1 billion to $6.1 billion, tack on another 45%...
When Canadian medical marijuana producer MedReleaf conducted its initial public offering in June, it became the biggest marijuana stock IPO ever in North America. The offering netted a cool $75 million, outraising other Canadian marijuana companies, including Aphria, Aurora Cannabis, and Canopy...
When it comes fast-growing industries, you'd struggle to find one with more consistent annual growth potential than legal marijuana -- and marijuana stock investors know it! Depending on your source, the marijuana industry is set to grow by between 23% and 27% annually over the next 5 to 10...
Canada's largest marijuana initial public offering is a bust.
MedReleaf, Canada's second-largest licensed grower of medical marijuana, plunged by 28% in its trading debut on the Toronto Stock Exchange on Wednesday morning. It was the biggest drop for a Canadian IPO since 2001, Bloomberg said...
The struggle to win union rights for medical cannabis workers in Canada has entered a new chapter, with the commencement of hearings at Ontario's Agriculture, Food, and Rural Affairs Appeal Tribunal (AFRAA Tribunal) for workers at MedReleaf in Markham, Ontario. The Markham-based MedReleaf...