How Metro Inc. plans to use cannabis to reward investors

How Metro Inc. plans to use cannabis to reward investors

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Cannabis-Connected

Licences for medical and recreational marijuana are potential revenue streams for this Canadian grocery chain that also owns pharmacies. And meanwhile, it’s already selling hemp-based foods and nutritional supplements

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Cannabis in the news October 2, 2019

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News on cannabis stocks and on developments in the industry haven’t let up in today’s volatile markets. Here are this week’s stories that we believe will mean the most to you as a Canadian investor.

1. Canada’s cannabis sector contributed $8.26 billion to… Read More

Rite Aid Corp’s CBD products are a plus

Rite Aid Corp’s CBD products are a plus

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Cannabis-Connected

This major U.S. drugstore chain has begun selling CBD (cannabidiol) skin creams, lotions and lip balms in Oregon and Washington State. The firm hopes to expand these sales as more U.S. states legalize cannabis. Meanwhile, it’s losing money and has huge debt.

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Shopify Inc. helps cannabis firms sell their products

Shopify Inc. helps cannabis firms sell their products

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Cannabis-Connected

Merchants of all sizes gain from this Canadian firm’s software for designing, setting up and managing online selling. Among them are a number of prominent cannabis producers and provincial government retailers. 

YOUR MARIJUANA I.Q.
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Earnings soar 27.1% for Leon’s Furniture Ltd.

Earnings soar 27.1% for Leon’s Furniture Ltd.

Rising sales of more-profitable merchandise led to this retailer’s earnings jump in the most-recent quarter.

Its new concept store, with advanced technology, should help further boost the chain’s sales from urban buyers. It should also help bolster dividend payments for investors. Today’s annual dividend rate yields… Read More