Canada

Shares of Cronos Group Inc (NASDAQ: CRON) soared 25 percent Friday morning after the Canada-based cannabis company confirmed it received a C$2.4 billion ($1.8 billion) investment from cigarette company Altria Group Inc (NYSE: MO). Rumors of a potential acquisition between the two companies were...

Oil was moving 4 percent higher Monday after three weekend developments: Russia and Saudi Arabia agreed to extend oil output cuts. Alberta Premier Rachel Notley shocked the oil market with a mandatory province-wide 8.7-percent production cut. Oil-rich Qatar said it will leave the OPEC...

Shares of Canada-based Cronos Group Inc (NASDAQ: CRON) soared higher by 25 percent Monday after Reuters reported the cannabis company could be an acquisition target. What Happened Cigarette maker Altria Group Inc (NYSE: MO) is in early talks to buy Cronos as part of a strategy to diversify itself...

It’s been a month-and-a-half since Canada legalized marijuana. The move was highly anticipated, but issues have emerged immediately following the Oct. 17 effective date. For one, the industry is facing supply shortages that are expected to last well into 2019. Furthermore, only...

Canadian cannabis producer Canopy Growth Corp (NYSE: CGC) has announced the signing of a strategic supply agreement for MediPharm Labs Corp. to supply Canopy Growth with cannabis extract. What Happened The agreement rolled out Thursday covers a time frame of 18 months. MediPharm will provide Canopy...

McDonald's Corp (NYSE: MCD) hosted several Street analysts in Toronto to showcase the performance of the Canadian unit and its potential impacts on the U.S. business. The Analysts BMO Capital Markets' Andrew Strelzik maintains an Outperform rating on McDonald's with an...

The full legalization of cannabis in Canada was one of the most anticipated events of 2018 not just in Canada, but also in many other countries. The country continues to encounter challenges in the rollout of adult-use cannabis: after multiple reports that the legalization was met with shortages of...

Canada is buzzing after the legalization of recreational cannabis, with long lines at the few retailers already open, a supply shortage, impaired driving fears, people taking to the streets in joy ...  But what does legalization mean for the Canadian economy? How much is the market...

Electrameccanica Vehicles Corp (NASDAQ: SOLO) stock more than doubled Monday after the company announced it has received more than 64,000 preorders for its vehicles. U.S. investors may not be as familiar with ElectraMecannica as better-established electric vehicle companies like Tesla, Inc. (...

Only a few days ago, Canada became the first major economy and member of the G7 to legalize cannabis on a national scale. This is great news for all users and advocates of cannabis around the world. We are all looking at Canada, and wondering if this could happen in our countries one day in the...