OREGONS CANNABIS SUPPLY PROBLEM

Oregon’s flooded recreational pot market a cautionary tale: economists

VANCOUVER — As marijuana farmers in Oregon say a flood of supply is killing their businesses less than three years after recreational cannabis was legalized, economists say it's a warning to Canada. Stephen Easton, professor of economics...
Gary Vaynerchuk has acquired 50% of Green Street. (Image via The Drum)

High-profile investor Gary Vaynerchuk acquires 50% stake in weed marketing firm

  Gary Vaynerchuk, a high-profile investor, has acquired a 50 percent stake in Green Street, an L.A.-based marketing, and branding agency focusing on the cannabis space. Green Street has helped celebrity clients including 2 Chainz, the...

Comptroller: New York could create $3.1B market if it legalizes marijuana

New York City Comptroller Scott Stringer told CNBC on Wednesday that Big Apple could create a $3.1 billion market if it legalizes marijuana. Stringer also said that New York as a state would gain...
Acreage and Compassionate Care have signed a letter of intent to enter into a long-term management contract to assist with future expansion and operations. (File image via Reuters)

Acreage teams up with NJ firm to build 100,000-square-foot marijuana facility

Acreage Holdings, who has the former U.S. Speaker of the House John Boehner as one of its advisory board members, has teamed up with a New Jersey medical marijuana dispensary to build 100,000-square-foot cannabis...
After the singing of the agreement, both Cohen and Creso expect construction of their state-of-the-art growing facility to commence soon. (Image via Reuters)

Australian cannabis firm Creso signs joint-venture deal with Israeli company

Yet in another step to expand globally with its cannabis business, Biotech company Creso Pharma (ASX: CPH) has recently signed a joint-venture agreement with the Israeli Cohen Propagation Nurseries. The deal with Cohen, an...
Canadian now has 90 publicly listed marijuana companies worth $31 billion.

Canada’s publicly listed pot firms worth $31B look for more opportunities abroad

After a whirlwind trend of consolidation at home, more Canadian marijuana companies are looking for opportunities abroad. The National Post reported that countries like Spain, Italy, and Colombia are likely the “next growth opportunities”...
Mathur also expects "offshoots" of the domestic cannabis industry, such as supply and accessories shops, to drive demand for commercial real estate going forward.

Legal pot spurs demand for commercial real estate, particularly in Alberta

TORONTO — Industry players say Canada's impending legalization of marijuana is spurring demand for commercial real estate, particularly for retail shops in Alberta, where the government is selecting private operators to conduct over-the-counter sales. Real estate consultancy JLL says its phone has...
Canopy’s Chief Executive Officer Bruce Linton urged “the investment community” to “drop the pot jokes and talk about the investment grade opportunity.” (File image)

Canada’s Canopy applies to be first marijuana company listed on NYSE

Canopy Growth Corporation (TSX:WEED) said on Monday it has applied to become the first marijuana producer to be listed on the New York Stock Exchange (NYSE). Canopy, which already trades on the Toronto Stock Exchange,...
Current shareholders of Aurora would own 61 percent of the combined company and MedReleaf shareholders would own about 39 percent. 

Aurora Cannabis to buy rival MedReleaf in $3.2 billion all-stock friendly deal

TORONTO — Aurora Cannabis Inc. has inked a friendly deal to acquire MedReleaf Corp. in an all-stock transaction valued at $3.2 billion, marking the biggest acquisition to date in Canada's cannabis industry. The transaction will create a...

Top reasons why marijuana is cheaper in Canada than the US

The competition between the U.S and Canada has come to the point where Canada’s marijuana is cheaper than the United States.  A study by Wikileaf shows how an average price of an eighth of an ounce...