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The Scotts Miracle-Gro Company (SMG) is up more than 4% today. This move comes after Jim Cramer said that Bank of America’s upgrade on the company, from Sell to Buy, due to its focus on the burgeoning cannabis industry.Cramer went on to say how this was a brilliant upgrade and…

Although Canabo Medical Inc. (CMM: TSX Venture) (CAMDF: OTC) has been trading on the TSX venture exchange for only a month, the company has been able to capture the attention of the market as well as other businesses.Over the last week, Canabo has continued to demonstrate its ability to execute…

The cannabis sector continues to see mixed movements and Canadian stocks levered to the cannabis industry have been under pressure during this time.Canada’s federal government has announced that in early 2017 it will introduce legislation to legalize the recreational use of marijuana in the country. By 2018, the legal recreational…

This morning, Nasdaq-traded biotech firm GW Pharmaceuticals (GWPH) reported its fourth quarter earnings and the shares are trending higher in pre-market trading.The company also announced additional positive Epidiolex Phase 3 data in poster presentations at the 70th Annual Meeting of the American Epilepsy Society. The studies represented in the posters…

Although the cannabis sector has been highlighted by lower trading volume, weakening momentum and lower stock prices since the November election, some positive trends have emerged.We have been expecting to see industry consolidation, especially within the Canadian licensed producer sub-sector for the last year.Expect M&A Activity to Increase Over the…

Licensed Canadian medical cannabis producers are set to move significantly higher following Canopy Growth’s (CGC.TO) (TWMJF) acquisition of Mettrum Health (MT.V) (MQTRF). We continue to be more bullish on the Canadian cannabis industry when compared to the United States cannabis industry because in Canada, medical cannabis is legal at the federal…

The Canadian medical cannabis leader just got larger…Earlier this morning, Canopy Growth Corporation (CGC.TO) (TWMJF) and Mettrum Health (MT.V) (MQTRF) announced a definitive arrangement agreement pursuant to which Canopy Growth will acquire all of the issued and outstanding shares of Mettrum. The combination of the two businesses will create a globally…