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In some ways, it makes more sense that Stewart is aligning herself with CBD as a wellness product than the cannabis community at large.
Major Canadian players like Canopy will likely remain an industry leader, but its shares are trading at a premium compared to its competition.
One investment banker says Canada “blew it” with regard to legalization, thanks to severe provincial and marketing regulations placed on the industry
Marijuana executives at Canopy Growth and Aurora Cannabis want investors to consider them alongside other healthcare stocks, not weed stocks.
Rogen’s Houseplant isn’t new news, but the fact that the brand is working towards the betterment of cannabis consumption is something we can all be excited about.
Earlier this week, Canadian marijuana producer Canopy Growth signed a $3.4 billion deal to take over medical marijuana firm Acreage Holdings as soon as the federal government ends prohibition.
With shares of Canopy Growth trading down over 4% in intraday trading following the news of their collaboration with Seth Rogen, many Canopy investors are left with a few questions unanswered.
Seth Rogen, along with his long-term creative partner Evan Goldberg, are teaming up to create Houseplant, which will be a recreational Canadian marijuana company.
The double-blind study will research the effect medicinal cannabis can have on players who suffered past concussions, including long-term fallout, like PTSD, early dementia, and depression.