Medical Marijuana Program Connection

Cannabis Analyst Talks Canadian Price Deflation, Names Aphria Top Stock Pick

MMP News AuthorOctober 15, 2020

The growth thesis for Canadian cannabis stocks certainly hasn’t played out the way investors had hoped in 2020. One of the biggest headwinds legal producers have faced this year is extreme price deflation in the Canadian market. Flower Prices Falling: Canadian flower prices are down 33% since mid-2019, according to ... Read More

When Will Canadian Marijuana Stocks Be Profitable?

MMP News AuthorOctober 15, 2020

Marijuana should be one of fastest-growing industries in North America this decade. There are currently tens of billions of dollars in cannabis sales conducted annually in the black market. If these sales can gradually be moved to legal channels via legalization, large-scale players should see plenty of profit potential. However, ... Read More

MMJ Group shares outshine benchmark as Canadian legal cannabis market grows past C$2.8 billion

MMP News AuthorOctober 14, 2020

With legal cannabis now cheaper in many Canadian localities than black market production, MMJ expects continued high rates of conversion out of the black market. ’s () shares outshined the benchmark Alternative Harvest ETF in the month of September by rising 1% from 9.3 cents to 9.4 cents. The Alternative ... Read More

Canadian experts push for cultivation of non-intoxicating cannabis in Nigeria

MMP News AuthorOctober 11, 2020

Experts from Canada have started pushing for the cultivation and development of non-intoxicating Cannabis, Cannaidiol (CBD oil) and industrial hemp markets in the country. According to the group, Grow CANN Africa, Nigeria is well positioned to tap into the increasing global demand for Cannabis, CBD oil and industrial ... Read More

Slang Worldwide, a Canadian Company, Expands Marijuana Footprint

MMP News AuthorOctober 8, 2020

Another publicly traded Canadian marijuana company is expanding in Colorado. Toronto-based investment firm Slang Worldwide recently announced it has agreed to purchase Pleasant Valley Ranch, an outdoor and greenhouse marijuana production facility in Carbondale. According to Slang, the cultivation has a 1,600 square-foot greenhouse and five acres of outdoor grow, with ... Read More

BDSA Launches Retail Sales Tracking Service for the $2.5B Canadian Cannabis Market in Partnership with Buddi

MMP News AuthorOctober 7, 2020

/EIN News/ — Canada Represents World’s Largest Nationally Legal Market and 20% CAGR Through 2025 BOULDER, Colo., Oct. 07, 2020 (GLOBE NEWSWIRE) — BDSA announces the expansion of its cannabis retail sales tracking coverage to include Canada, the world’s largest nationally legal cannabis market. BDSA forecasts Canada’s cannabis industry revenues ... Read More