Can These 3 Pot Stocks to Watch Continue to Outperform the Market?

California’s largest wildfire is threatening a marijuana-growing enclave, and authorities said many of the locals have refused to evacuate and abandon their maturing crops even as weather forecasters predict more hot, dry and windy conditions that could fan flames.

The wildfire called the August Complex is nearing the small communities of Post Mountain and Trinity Pines, about 200 miles (322 kilometres) northwest of Sacramento, the Los Angeles Times reported.

Law enforcement officers went door to door warning of the encroaching fire danger but could not force residents to evacuate, Trinity County Sheriff’s Department Deputy Nate Trujillo said.

“It’s mainly growers,” Trujillo said. “And a lot of them, they don’t want to leave because that is their livelihood.”

The cannabis industry will come out of the coronavirus pandemic stronger than when the pandemic started. That will include new opportunities for cannabis entrepreneurs in states that have already legalized and those that might soon follow suit.

Those are some of the findings in a recent report called State of the Cannabis Industry conducted by LeafLink, Flowhub, and Vangst. Each company approaches the cannabis industry from a different vantage point - wholesale (LeafLink), dispensaries (Flowhub) and employment (Vangst). 

Some Ontario growers aren’t getting the chance to reap what they sow thanks to an uptick in robberies that have — not coincidentally — arrived alongside harvest season.

Canada’s black market has been good for the price of legal green in Yellowknife.

The Consumer Price Index for recreational marijuana dropped a whopping 10 per cent from August 2019 to August 2020, according to My Yellowknife Now. The CPI is a statistical estimate that measures the difference in the cost of a product against a set average price.

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: 

Toronto Stock Exchange (15,817.11, down 325.78 points.)

Canadian Natural Resources (TSX:CNQ). Down 66 cents, or 2.92 per cent, to $21.94 on 11.4 million shares.

Just Energy Group Inc. (TSX:JE). Energy. Down 14 cents, or 28.87 per cent, to 34.5 cents on 10.9 million shares.

Bombardier Inc. (TSX:BBD.B). Industrials. Down 1.5 cents, or four per cent, to 36 cents on 8.2 million shares.

Kinross Gold Corp. (TSX:K). Materials. Down $1.24, or 10.13 per cent, to $11.00 on 7.8 million shares.

Aurora Cannabis Inc. (TSX:ACB). Health care. Down $2.83, or 29.09 per cent, to $6.90 on 7.5 million shares.

The total number of retail cannabis applications in Guelph has increased to 16, including the three stores that have already been authorized to open in the city.

There are currently three legal cannabis retailers open in Guelph: Spiritleaf on Edinburgh Road South, Q-Bud on Wyndham Street and Bud’s Cannabis Store on Stone Road West.

Bud's opened on Sept. 18 in the same plaza as McDonald's and East Side Mario's.

On Tuesday another retailer, J. Supply Co. Guelph, entered the public notice phase of the application process, which ends Oct. 6. The store is proposed for Unit 106 at 1515 Gordon St. at Lowes Road.

On Sept. 28 the public notice phase will end for Sativa Bliss Cannabis Store, which is proposed for 45 Wyndham St. N. Unit 103.