PepsiCo just became the latest beverage company to say it’s looking at the fast-growing cannabis market

PepsiCo is taking a hard look at the cannabis industry as other beverage makers explore the market. “I think we’ll look at it critically, but I’m not prepared to share any plans that we may have in the space right now,” Chief Financial Officer Hugh Johnston told Jim Cramer and …

Rookie Pot Stocks Overshadow More Established Peers in September

Move over marijuana heavyweights, the rookies are taking over. The recent pot mania has seen a slew of companies looking to get in on the sector and stock returns this month have overshadowed larger and more established marijuana companies, including Canopy Growth, Aurora Cannabis and even high-volatility Tilray. September’s MVPs …

Aurora Cannabis is becoming the Berkshire Hathaway of pot

Canada-based Aurora Cannabis Inc. tripled its revenue thanks to bigger weed sales in the final quarter of its fiscal year, but the pot producer’s profit gains were mostly the result of a different business: investing in other marijuana companies. Canadian cannabis stocks have been soaring of late, as the country …

A Warning On Canadian Pot Stocks

Stocks of Canadian cannabis producers and sellers are on a wild run in 2018. A selection of talked about names have doubled or tripled in value the past few months, with others not far behind. Price action like that is bound to pique the interest of investors and traders who …

Corona beer maker Constellation ups bet on cannabis with $4 billion investment in Canopy Growth

Constellation Brands is upping its bet on the cannabis industry, announcing an additional $4 billion stake in Canopy Growth on Wednesday. The maker of Corona and Modelo beers in October took a 9.9 percent stake in the Canadian cannabis company. The deal included the option for future investments, giving Constellation …

Ontario scraps government monopoly, adopts private retail plan for adult-use cannabis market

Ontario’s new retail framework for recreational cannabis will start with online-only sales when legalization takes effect Oct. 17, with a network of privately owned stores expected to be in place by April 1. The new retail plan, first reported by Marijuana Business Daily, is a complete overhaul of the previous …

Marijuana laws take effect Sunday in Massachusetts, Vermont

Laws permitting the sale and personal use of recreational marijuana come into force Sunday in Massachusetts and Vermont, respectively. In Massachusetts, adults 21 and over can legally purchase recreational marijuana from state-licensed dispensaries starting Sunday, July 1, when parts of a pot law approved by voters in November 2016 take …

Millennial investors are flocking to the first marijuana company to hit the New York Stock Exchange (CGC)

The first marijuana stock to ever trade on the world’s most famous stock exchange might be struggling to gain momentum, but that’s not deterring millennial investors. Shares of Canopy Growth — which moved its stock listing from Toronto to the New York Stock Exchange last month — have have been …