Cannabis Receives Royal Assent

After a Senate vote of 52 to 29 in favour of Bill C-45, and an announcement by Prime Minister Prime Minister Justin Trudeau that recreational marijuana would officially be legal by mid-October of this year, the Cannabis Act is now officially law after receiving royal assent this morning. Canadians will be able to legally light up beginning on October 17 of this year.
The new law signals the end of a 95-year prohibition on non-medical cannabis.

Stochastics Aphria Ready For Run To 15.00+

APH could be ready to break out by shanksmatt on TradingView.com

Buy/Sells Today Starts With The Biggest Seller

House Positions for C:APH from 20180621 to 20180621

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
79 CIBC	2,389,682	30,865,131	12.916	2,843,113	36,813,386	12.948	-453,431	5,948,255
9 BMO Nesbitt	438,492	5,667,129	12.924	749,878	9,651,332	12.871	-311,386	3,984,203
124 Questrade	497,459	6,418,954	12.903	653,544	8,434,633	12.906	-156,085	2,015,679
13 Instinet	313,130	4,042,316	12.909	396,066	5,084,874	12.838	-82,936	1,042,558
1 Anonymous	2,922,632	37,752,189	12.917	2,982,790	38,448,022	12.89	-60,158	695,833
7 TD Sec	2,023,129	26,117,633	12.91	2,071,291	26,733,554	12.907	-48,162	615,921
43 Caldwell	1,600	20,733	12.958	49,100	628,371	12.798	-47,500	607,638
59 PI	3,910	50,625	12.948	31,730	411,824	12.979	-27,820	361,199
85 Scotia	870,025	11,200,618	12.874	896,288	11,546,681	12.883	-26,263	346,063
18 Echelon	0			20,600	262,170	12.727	-20,600	262,170
55 Velocity	0			15,000	192,530	12.835	-15,000	192,530
36 Latimer	1,747	22,586	12.928	10,546	135,881	12.885	-8,799	113,295
80 National Bank	121,290	1,560,913	12.869	129,964	1,668,906	12.841	-8,674	107,993
72 Credit Suisse	350	4,421	12.631	7,440	94,718	12.731	-7,090	90,297
99 Jitney	225,300	2,907,830	12.906	231,200	2,985,807	12.914	-5,900	77,977
83 Mackie	1,531	19,860	12.972	5,000	62,200	12.44	-3,469	42,340
19 Desjardins	73,932	954,668	12.913	76,733	988,869	12.887	-2,801	34,201
28 BBS	34,847	453,024	13.00	36,732	473,571	12.893	-1,885	20,547
58 Qtrade	47,289	611,757	12.937	48,116	616,566	12.814	-827	4,809
68 Leede	300	3,864	12.88	800	10,347	12.934	-500	6,483
70 Manulife	1,707	22,138	12.969	1,941	25,125	12.944	-234	2,987
76 Industrial Alliance	1,000	12,839	12.839	1,000	12,970	12.97	0	131
57 Interactive	13,878	181,044	13.045	13,323	173,303	13.008	555	-7,741
56 Edward Jones	1,470	18,939	12.884	340	4,379	12.879	1,130	-14,560
74 GMP	4,655	60,570	13.012	3,500	45,650	13.043	1,155	-14,920
62 Haywood	1,625	20,899	12.861	0			1,625	-20,899
15 UBS	5,762	73,533	12.762	3,439	44,075	12.816	2,323	-29,458
48 Laurentian	3,250	41,584	12.795	0			3,250	-41,584
94 Hampton	3,656	47,077	12.877	0			3,656	-47,077
2 RBC	703,104	9,070,185	12.90	695,893	8,978,574	12.902	7,211	-91,611
14 ITG	9,670	121,271	12.541	1,120	14,562	13.002	8,550	-106,709
88 Credential	15,211	197,185	12.963	5,977	76,683	12.83	9,234	-120,502
53 Morgan Stanley	33,003	423,619	12.836	22,215	285,342	12.845	10,788	-138,277
143 Pershing	41,827	539,521	12.899	26,790	344,136	12.846	15,037	-195,385
22 Fidelity	92,309	1,189,692	12.888	58,344	749,786	12.851	33,965	-439,906
73 Cormark	174,400	2,259,621	12.957	105,900	1,370,155	12.938	68,500	-889,466
90 Barclays	69,620	909,877	13.069	0			69,620	-909,877
33 Canaccord	835,493	10,764,190	12.884	744,059	9,580,679	12.876	91,434	-1,183,511
89 Raymond James	270,056	3,473,051	12.86	105,344	1,357,339	12.885	164,712	-2,115,712
65 Goldman	460,500	5,877,997	12.764	95,700	1,237,650	12.933	364,800	-4,640,347
39 Merrill Lynch	829,017	10,679,014	12.882	397,042	5,113,447	12.879	431,975	-5,565,567
TOTAL	13,537,858	174,658,097	12.901	13,537,858	174,658,097	12.901	0	0

FP says Aphria, others contenders for top spot

FP says Aphria, others contenders for top spot

Aphria Inc (C:APH)
Shares Issued 210,125,411
Last Close 6/20/2018 $12.44

Thursday June 21 2018 - In the News

The Financial Post reports in its Thursday, June 21, edition that cannabis stocks have crashed and boomed over the past year. The Post's David Dias writes that while legalization may mean they are not as speculative as they were even a few days ago, analysts warn that investors looking to get into the game should be screening for key traits. PI Financial analyst Jason Zandberg says investors need to be exceedingly careful in this kind of market. He believes the number of producers jockeying for position will unavoidably lead to a glut within three years, so we are bound to see a period of consolidation. He says: "I don't think it's too late, but I do recommend that investors be very selective. If you look at any developing industry, there tends to be a shakeout that happens and the winners emerge." Graeme Kreindler at Eight Capital concurs and says investors should be focused on producers with leading levels of inventory, supply agreements with provinces or other viable channels. Canopy Growth, Aphria and Aurora Cannabis are all obvious contenders to become industry leaders, but Mr. Zandberg has OrganiGram Holdings and Cronos Group are his top picks.

© 2018 Canjex Publishing Ltd.