It's both good and bad news for the company's investors.

The U.S. pot market is the golden goose for the marijuana industry. According to analysts from cannabis research firm BDSA, it will be worth $34.5 billion by 2025. That's nearly six times the Canadian market, which will only be at a value of $6.1 billion by then. And internationally, cannabis sales may not be much higher at $6.5 billion.

With the U.S. pot market off-limits to Canadian marijuana company Tilray (NASDAQ:TLRY), the business has been forced to look to other markets to grow its operations. And one surprising consequence of that is the business now has more market share in a European country than it does in its home base.

During the last year, leading Canadian broker-dealers have been downgrading Canadian Licensed Producers’ (LPs) rating on average. The banks have also been lowering price targets for Canadian LPs and we consider this to be a bearish indicator. (Click here for full article)

Although we continue to hope to see a change in trend with rating and price target that are assigned to leading Canadian and United States (US) cannabis operators, the trend has continued so far this year. 

Zero-tolerance policies don't usually hold up, even in safety-sensitive workplaces, says lawyer

BC Craft day-to-day operations will continue as it restructures its debt

BC Craft Supply Co. shares fell sharply on Wednesday after the Vancouver-based cannabis producer filed for protection from its creditors under Canada’s Bankruptcy and Insolvency Act. BC Craft Supply CRFTF CA:CRFT OTC shares fell 36% to trade at 20 cents on Wednesday. It’s the first Canadian cannabis company to file a notice of intention (NOI) to make a restructuring proposal in 2022, according to MJBiz Daily. The Vancouver-based company named Crow MacKay & Co. as trustee and said it would continue day-to-day operations.

Includes Ontario launch of specialty concentrate product “Pedro’s Sweet Sativa Live Sugar”; debut of high-THC, rare cultivar “Space Cake”; and “Black Sugar Rose 10-pack Pre-rolls”

Entourage Health Corp. (formerly WeedMD Inc.) (TSX-V:ENTG) (OTCQX:ETRGF) (FSE:4WE) (“Entourage” or the “Company”), a Canadian producer and distributor of award-winning cannabis products and brands is pleased to announce the expansion of its Color Cannabis adult-use lineup with the launch of three new premium products now available in Ontario, with expected expansion across Canada throughout the first quarter of 2022.

Navaya Inc., an innovative cannabis producer based near Laval in Boisbriand, has received its sales licence from Health Canada to sell dried cannabis products across Canada. The licence brings to fruition the goal set out by Navaya to deliver high yield, consistent quality cannabis, to all Canadians of legal age. The newly licensed producer will be launching its products at Société québécoise du cannabis (SQDC) locations across the province of Quebec.

“After two years of hard work and labour, we’ve achieved our goal of acquiring our sales licence to sell dried cannabis products” says Sophie Denis, director of operations at Navaya.

BC Craft Supply Co, a British Columbia-based wellness company advancing cannabinoid and psychedelic innovation, filed for temporary protection from creditors under Canada’s Bankruptcy and Insolvency Act while the cannabis company restructures. (Click here for Benzinga article)

BC Craft’s stock, traded on the OTC markets, traded down Wednesday more than 35% on the news. The company warned investors back in August of “significant doubts” that the company would be able to meet business obligations.

Forget everything you learned about investing in the past year.

Last January, when meme stocks such as GameStop Corp. and BlackBerry Ltd. were soaring, retail traders who swapped investing ideas on Reddit message boards were talked about as the future of finance. Unprofitable growth stocks were some of the hottest investments to own, especially in the tech sector. And the more money a company lost, the more likely its stock would soar.

Resource companies, meanwhile, were dead in the water because investors had embraced ESG principles.

The Hash Corporation (CSE: REZN) (“HashCo” or the “Company”), a business focusing on the production of hashish and other premium cannabis products using the adaption of old-world traditions, is pleased to announce that its new co-branded product with Fritz's Cannabis Company (“Fritz’s”), a family owned and operated legacy market edibles producer, has received a listing from the Ontario Cannabis Store (“OCS”).