One of the lessons that legalization has taught us again and again is to prepare for an influx of people buying legal cannabis. At least at first, anyway. In the U.S., we’ve seen many instances where dispensaries struggle to keep up with the demand of products for medical and recreational cannabis consumers. But, it appears our neighbors to the north have a problem we’ve seen far less often. Canada was preparing for a huge number of people to be buying legal cannabis – and producers got way ahead of themselves, growing more than the country needs for the year. 

2020 is shaping to be a comeback year for marijuana stocks. We think a new cannabis bull run is coming and we are taking a look at 5 marijuana stocks to own in 2020 and why.

Efforts to legalize marijuana at the federal level are progressing steadily in the US. The US House Judiciary Committee last week passed a landmark bill that seeks to fully legalize marijuana at the federal level. Previously, the House passed a bill to allow federally regulated banks to work with marijuana businesses in states where pot has been legalized. Presently, some 33 states have legalized marijuana in one way or the other.

As we inch closer toward winter, some marijuana stocks have begun to make a bigger name for themselves than others. These companies are working to build out the most innovation that they can for the future of the industry. With so much potential ahead of them, it can be difficult at times to decide which pot stocks are worth watching. This, however, becomes much easier with a heightened amount of research.

fter reaching an all-time high the month before, the legal cannabis retail market contracted across the country in September, according to new data from Statistics Canada.

Sales across the retail sector overall slowed by 0.1 per cent compared to the previous quarter — revenues from cannabis stores in particular fell to $123 million from $126 million, a 2.4 per cent decrease.

Other notable sectors of retail to take a hit were new car dealers and gasoline stations, according to data released Friday, down 1.9 per cent and 2.3 per cent respectively.

The Ontario Cannabis Store (OCS) is offerings same-day and next-day shipping in some areas of Toronto.

According to the OCS website, if a customer lives within the postal code areas chosen for the pilot, the new delivery options will appear at checkout.

To have an order delivered on the same day, the order must be placed before 1 p.m. For those wanting next-day shipping, the order must be placed before midnight the day before.

In both cases, the delivery will be made between 6:30 p.m. and 10 p.m.

Customers will need to show identification at the door to prove they are 19 years old or older.

This year began much in the same way that each of the past couple of years have begun: with cannabis stocks going through the roof.

As Canadian’s wrap-up warm for winter they’ll be sharing one thing in common with their newest domestic industry – a hope the icy chill will be over soon.

With average Canadian cannabis company share prices down by over 50%, this year, analysts are contemplating a significant sector shake-down. And, this month’s results from Canada’s Licensed Producers, have once more underwhelmed – with under-fire executives highlighting a string of on-going issues.

Somewhere, or another, stressed company bosses will have flagged-up at least one of the following;

Drake’s attempt to trademark the warning label that appears on Canadian cannabis products seems to have been a failure.

Ontario’s finance minister is dismissing criticism from cannabis industry executives who attribute their weak sales to the province’s limited number of retail stores.

“The [criticisms are] not fair; but it doesn’t surprise me. Sometimes businesspeople look for all kinds of reasons why things don’t work out,” Rod Phillips told BNN Bloomberg’s Paige Ellis Thursday.

"We’re focused on what is going to be a system that is sustainable, that makes sense for our communities and tackles the black market. We’re confident that we’ll put that forward.”

Phillips said he’s comfortable with the progress the province had made on its rollout of cannabis, given the sensitive nature of it.

Cannabis investors received some exciting news this week.

The U.S. House Judiciary Committee -- which is charged with overseeing the administration of justice within federal courts and law enforcement agencies -- approved a bill on Wednesday that decriminalizes marijuana at the federal level. If approved by the House of Representatives and Senate, the bill could pave the way for full-scale legalization of marijuana in the United States.