Canada

Shares of Canopy Growth Corp (NYSE: CGC) skyrocketed higher by more than 50 percent early Wednesday morning in reaction to an expansion of its partnership with the beverage alcohol company Constellation Brands, Inc. (NYSE: STZ). What Happened Canopy and Constellation initially struck a partnership...

Cannabis is slowly taking root in increasingly tolerant communities. The incremental decriminalization or legalization of cannabis across the world has fed an expanding international market trading the plant, its extracts and its end products. "2018 has seen a lot of trends in cannabis, but...

Canadian mining company Barrick Gold Corp (NYSE: ABX) has succeeded in restructuring, decentralizing and strengthening its balance sheet, but now faces five new challenges, according to RBC Capital Markets.  The Analyst RBC's Stephen Walker downgraded Barrick Gold from...

The retail sector may continue to experience volatility, but three names stand out for following the right strategy, according to CNBC's Jim Cramer. What Happened Canada Goose Holdings Inc (NYSE: GOOS), Lululemon Athletica inc. (NASDAQ: LULU) and Urban Outfitters, Inc. (NASDAQ:...

This was a huge week for the marijuana industry: Canada became the second country in the world to legalize cannabis for recreational uses. “October 17 was set as the first day for recreational sales. Some people in the industry wanted an earlier date, but at least companies can now make plans...

Molson Coors Brewing Co (NYSE: TAP) has entered discussions with several Canadian cannabis companies about investing and collaborating on cannabis-infused beverages, according to a BNN Bloomberg report. Molson Coors is seeking “a high quality product that isn’t going to embarrass them...

In a widely anticipated move, the Canada Senate passed a law legalizing adult use of marijuana on a federal scale. The legislation establishes the basic criteria to allow and regulate the growth, distribution, sale and consumption of cannabis. Details will be left to provinces and territories. Many...

Kinder Morgan Inc (NYSE: KMI)'s sale of its Trans Mountain pipeline and related infrastructure to the Canadian government for the U.S. dollar equivalent of $3.4 billion eliminates two overhangs that prevented a bullish stance on the stock, according to Wells Fargo. The Analyst Wells Fargo...

In a big step for cannabis and hemp, the Senate Agriculture Committee passed a 2018 Farm Bill that includes hemp legalization language. “It is no secret that industrial hemp boasts the most significant potential for global economic impact from the cannabis industry. Hemp is a commodity. It...

A bill to legalize recreational marijuana failed to pass in Michigan’s State Senate and House of Representatives. Consequently, the decision has passed to the hands of voters, who will decide on the issue in this November’s ballot. If passed, the ballot measure in question would allow...