Category Archives: strains

Cannabis companies could go bust in 2020, industry insiders predict

What a difference a year makes. Around this time in 2019, the cannabis sector was booming. Investors wanted in and stock prices were skyrocketing. Today, share prices have tumbled and analysts are forecasting “many” bankruptcies by the end of the year. Just last month, two Canadian companies, AgMedica and Wayland, were granted creditor protection. Some […]

Canopy Growth reports $374.6M loss, restructures softgel and oil portfolio

Canopy Growth Corp.’s share price hit a 2019 low Thursday after the Canadian cannabis producer posted a $374.6-million quarterly loss, missed analyst revenue estimates and warned that a key revenue target may not be achieved. Canopy stock hit an intra-day low of $20.15 at the Toronto Stock Exchange during the morning, and continued to trade […]

South Korea Legalizes Medical Cannabis

South-KOrea-legalizes-Cannabis

The importance of Korea being the first country in East Asia to legalize MMJ should not be understated, say experts. In that Asia has some of the strictest laws and harshest penalties for cannabis use, South Korea’s announcement is a major milestone for the global cannabis movement. South Korea’s National Assembly voted to approve the Management of […]

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