Spotlight Stock,Trends & Articles Facebook Made a Bold Move With Marijuana a Week Before Canada Legalizes Adult Recreational Sales by Sophia Vida October 12, 2018 With just days to go before Canada legalizes adult recreational marijuana sales, social media giant Facebook Inc. has ended its block on cannabis and related search results for pages on its platform. The company told Marketwatc...
Spotlight Stock Marijuana Cultivator MedMen to Buy PharmaCann for $682 Million by Sophia Vida October 12, 2018 The biggest weed company in the United States is on its way. Marijuana retailer and cultivator MedMen has agreed to purchase medicinal cannabis provider PharmaCann for $682 million in an all-stock transaction. Once the two c...
Spotlight Stock Walmart Considers Selling CBD Products in Canadian Walmart Stores by Sophia Vida October 10, 2018 Canada is set to begin legal recreational marijuana sales on October 17th and many have been gearing up for this day. One retail giant that is considering the Canadian marijuana market is Walmart. The company is looking into se...
Spotlight Stock Canopy Growth Shares Moved Higher After Announcing A Pilot Test to Treat Pain in Seniors by Sophia Vida October 03, 2018 Shares of marijuana company Canopy Growth were up over 6% on Wednesday after the company said its Spectrum Cannabis unit is teaming up with the Ontario Long Term Care Association (OLTCA) for a pilot that will assess the use of med...
Spotlight Stock PepsiCo Will Not Be Getting Into Cannabis Right Now by Sophia Vida October 02, 2018 Wall Street learned on Tuesday that PepsiCo is now the latest beverage company to be looking at the marijuana market but has no plans to jump in just yet. The company's Chief Financial Officer Hugh Johnston told CNCB that Pep...
Spotlight Stock Tilray Shares Plunge as PepsiCO CFO Says No Plans for Marijuana by Sophia Vida October 02, 2018 Shares of marijuana producer Tilray were down as much as 20% on Tuesday after PepsiCo's CFO Hugh Johnston told Cowen analyst Vivien Azer that the beverage company is staying clear of marijuana for the time being. "I think the d...
Spotlight Stock Tilray Shares Explode on Sales License Announcement by Sophia Vida October 01, 2018 Shares of marijuana company Tilray Inc. was soaring on Monday after it was announcing that its subsidiary High Park Farms had received its sales license from Health Canada to sell marijuana. Shares of Tilray moved nearly 15% on...
Spotlight Stock The Drug Enforcement Administration Gives Green Light to Marijuana Drug Epidiolex by Sophia Vida September 27, 2018 The Drug Enforcement Administration (DEA), the top drug regulator in the nation, has done something it hasn't done in almost fifty years. The agency has changed its position on cannabis for the first time in 46 years and announ...
Spotlight Stock Marijuana Giant Tilray Just Signed an LOI with this Company by Sophia Vida September 21, 2018 Tilray Inc. has been on quite the rally this month, more than doubling in price, but had seen a retrace on Thursday. The company has had several developments this month and the most recent is with IntelGenx Corp., which announc...
Spotlight Stock Canadian Marijuana Producer Tilray is Exploding Again by Sophia Vida September 18, 2018 Canadian marijuana producer Tilray saw its shares soar again this week after announcing that it has received approval to import marijuana to the United States for medical study. The company will be teaming up with the Universit...