Economy

Why Cannabis Stocks Could Go Parabolic in 2021

Reposted fromhttps://www.fool.ca/2021/01/08/why-cannabis-stocks-could-go-parabolic-in-2021/ I think 2021 could turn out to be eerily similar to 2018 in the world of cannabis stocks. That’s right — the same 2018 that saw valuations skyrocket amid hysteria in the hyper-growth sector in Canada. Valuations are still high, but there is lots of room for optimism right now around marijuana stocks. …

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Cannabis advertising platform Weedmaps to go public

Reposted from Marijuana Business Daily Published December 10, 2020 | By John Schroyer Weedmaps, the oft-controversial but ever-successful cannabis advertising giant, is going public through a deal that values the company produced through the transaction at a whopping $1.5 billion. According to a news release, the website’s owners, WM Holding Co., will merge with blank-check …

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Canadian cannabis growers on coping with COVID-19 — and what they can’t wait to harvest this season

Re-posted from The Growth Op The pandemic is challenging these growers to tweak their processes. But production isn’t slowing down. By Elianna Lev July 9, 2020 Just because there’s a global pandemic, doesn’t mean cannabis is going to stop growing — in fact, it could be we need weed more than ever before. Despite the …

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Cannabis Employees are in High Demand During Economic Crash

Re-posted from Politico The industry is looking for thousands of workers across the country. By PAUL DEMKO, MONA ZHANG and AREK SARKISSIAN 05/09/2020 07:00 AM EDT Coronavirus hasn’t kept some cannabis companies down: They’re staffing up even as unemployment in many other sectors soars. Weed businesses around the country that were in strong financial shape …

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The Cannabis Sector is Still Hiring and the Number of Applicants Looking for Work has Exploded

Reposted from The Financial Post. Bloomberg NewsKristine OwramPublishing date:May 04, 2020  •  Last Updated 2 months ago  •  3 minute read The cannabis sector employed 243,700 people at the beginning of 2020, up 15 per cent from the prior year and nearly double the number of jobs in 2017. Unlike many industries, the cannabis sector …

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Sophie Mas and Ellen Warner: B.C.’s Craft Cannabis Farmers can Help B.C. Economic Recovery

This article is reposted from the Vancouver Sun. Sophie Mas and Ellen WarnerPublishing date:Jul 10, 2020   As reported in the Vancouver Sun on June 13 (Prosecutable Product), the original public interest goals of Canada’s ground breaking Cannabis Act are not being achieved. The Cannabis Act was supposed to reduce and gradually eliminate the illicit market. …

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