During the last quarter, Future Farm Technologies (FFT.CN) (FFRMF) has significantly advanced its story and the market has responded favorably.
From industrial hemp to cannabis oils, Future Farm is focused on capitalizing on several high-growth verticals within the cannabis industry. We are favorable on these recent developments as they have positioned the company for significant growth in 2018.
Cannabis Wheaton Income Corp. (TSX.V:CBW) is pleased to announce that it has entered into a letter of intent with FV Pharma Inc., a licensed producer pursuant to the ACMPR having received its cultivation license on October 13, 2017.
INDIVA Limited (TSX-V:NDVA) is pleased to announce it has closed its previously announced acquisition of 100% of the issued and outstanding securities of Indiva Corporation ("Indiva") by way of a "three-cornered" statutory amalgamation of Indiva and a wholly-owned subsidiary of the Company (the "Acquisition").
Canadian cannabis stocks have been one of the most attractive places to invest as the country prepares to legalize recreational marijuana before July 2018.This has made the Canadian cannabis market one of the hottest markets and we are favorable on this opportunity.
Earlier this week, Canadian cannabis stocks traded higher after Aphria Inc. (APH.TO) (APHQF) announced that it has secured an agreement to become a medical cannabis supplier to Shoppers Drug Mart.
The cannabis sector has been under pressure and many investors are closely watching how the market moves from here.
The recent weakness has been significant and it has caused momentum to revert back from overbought levels. We will keep an eye on this metric and expect to see the market come off its recent lows.
Future Farm Technologies Inc. (
After much anticipation, the federal government has finally announced the legalization of cannabinoid-infused foods and beverages in Canada. This announcement included in the approval and release of edits to Bill C-45.
Canadian marijuana stocks have been on fire and yesterday, the sector continued to move higher. The recent rally has been driven by several developments, however, none have been as significant as Constellation Brands’ (STZ) $245 million investment into Canopy Growth Corp (WEED.TO) (TWMJF).