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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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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Investors in Canadian Imperial Bank of Commerce benefit from a 5.3% yield

Investors in Canadian Imperial Bank of Commerce benefit from a 5.3% yield

Improved results for its retail banking business helped lift overall earnings in the most-recent quarter for this member of Canada’s Big Five.

A recent acquisition continues to build the bank’s U.S. operations and its share of the growing wealth management business.


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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. 

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Second Cup Ltd. looks to cannabis for growth

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Cannabis-Connected

This owner of  specialty coffee shops hopes to rebound by branching out into cannabis retailing. It’s also conducting a strategic review of its operations, which could lead to the sale of company.

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