WednesdayMar 07, 2018 9:00 am

Pliability of Canadian Cannabis Industry Triggers New Business Development

HempWire Editorial Coverage: The Canadian cannabis industry is pliable, changing shape amid mounting public support, favorable legislative action, an influx in capital, and the integration of alcohol and tobacco. For years, this massive industry was entirely illegal; its potential unavailable to legitimate investors. As Canada heads toward legalizing recreational cannabis later this year, however, the continuous sculpting of the industry provides investors a wealth of consumer-driven investment opportunities. Choom Holdings, Inc. (CSE: CHOO) (OTCQB: CHOOF) (CHOOF Profile) is targeting the recreational user via its own brand of high-grade handcrafted cannabis. Cannabis lifestyle brand Hiku Brands Co. Ltd. (CSE: HIKU) (OTC:…

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FridayFeb 23, 2018 9:00 am

Key Companies That Will Remap Canada’s Cannabis Retail Industry

HempWire Editorial Coverage: Out of 120 applicants, Manitoba recently awarded four master retail licenses, a monumental action as Canada prepares to legalize cannabis for recreational use this summer. The entities that now hold prized licenses to retail pot and its associated paraphernalia in the province are: Tokyo Smoke, a subsidiary of HIKU Brands (CSE:HIKU; OTCBB: DJACF) (DJACF Profile); a consortium of Delta 9 Cannabis Inc. and Canopy Growth Corp. (TSX: WEED) (OTC: TWMJF); National Access Cannabis (CSE: NAC) (OTC: NACNF); and 10552763 Canada Corporation. One key industry player that missed out on this licensing opportunity is MedReleaf (TSE: LEAF) (OTC:…

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ThursdayFeb 22, 2018 9:00 am

The Modern Cannabis Industry — A Tight Mesh of Integrated Verticals and Technologies

HempWire Editorial Coverage: The number of adults in America who want marijuana legalized has nearly doubled since 2000, according to the latest Pew Research Center survey, which indicates 61 percent are now in favor (http://cnw.fm/1CdYE). During that same interval, the industry has evolved from a taboo underground into a clean and professional marketplace. Now the cannabis industry is on track to outpace the manufacturing sector in terms of job creation by 2020 (http://cnw.fm/ae5YX). The multiple, increasingly interwoven verticals now present in this booming industry run the gamut. However, payment solutions, such as those offered by Global Payout, Inc. (OTC: GOHE)…

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ThursdayFeb 08, 2018 9:00 am

Opportunity Amid Cannabis Banking Hurdles

HempWire Editorial Coverage: Investors seeking opportunities in the cannabis market may want to turn their attention toward companies offering solutions for a situation that could otherwise slow the industry’s growth. A number of emerging firms are providing or pursuing payment options that can help cannabis companies sidestep the roadblock created by the lack of access to traditional banking services. Among the companies honing financing, payment processing and other business development services for the cannabis industry are Global Payout, Inc (OTC: GOHE) (GOHE Profile), MassRoots Retail (OTC: MSRT), iAnthus Capital Holdings, Inc. (CSE: IAN) (OTC: ITHUF), and Glance Technologies, Inc. (OTC:…

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