Newstrike Brands Ltd. (TSX-V:HIP) ("Newstrike" or the "Company"), is pleased to announce that its wholly-owned subsidiary, Up Cannabis Inc. ("Up Cannabis"), has entered into an agreement naming it to the list of official suppliers to the Ontario Cannabis Store (OCS), positioning Up Cannabis to service Canada's largest adult-use cannabis market.

The cannabis sector is booming.

Major Canadian marijuana cultivators, known as licensed producers, have pursued a flurry of deals as excitement around Canada's legal marijuana market ramps up.

August 20, 2018 (ACCESSWIRE via COMTEX) -- CORAL GABLES, FL / ACCESSWIRE / August 20, 2018 / Typically the industry for marijuana stocks is quiet during the summer months. This year, however, has seen a surge in pot stocks during late August. As the legalization of recreational marijuana in Canada looms, some blue-chip companies have taken notice. Both companies in the alcohol space, Constellation Brands (STZ) and Molson Coors Brewing Company (TAP) have made big money bets on companies within the industry. Most recently, Constellation put $4 Billion into one budding cannabis company.

Hiku Brands Company Ltd. (CSE: HIKU) ("Hiku" or the "Company") is excited to announce that we have entered into a supply agreement with the Ontario Cannabis Store to supply branded cannabis online starting October 17, 2018.

The Supply Agreement will see 25 SKUs of cannabis available for sale in Ontario, which is in addition to previously announced supply agreements that Hiku Brands has entered into in Manitoba and British Columbia. As Canada's first vertically integrated cannabis company, Hiku is an active participant in both the wholesale and future retail markets of cannabis.

Hiku Brands cannabis will be available in various sizes and formats including raw flower, oils, pre-rolls, and our Hosting Gift Pack.

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (the "Company" or "Canopy Growth"), through its wholly-owned subsidiary Tweed Inc., has been selected as an approved supplier by the Ontario Cannabis Store ("OCS") to supply a wide variety of cannabis products through its online store starting October 17th, 2018.

Specific quantities will be disclosed once those details have been released by the province. In total, Tweed has successfully listed over 100 cannabis SKUs across multiple formats including pre-rolled joints, dried flower, oils, and softgel capsules.

Business-owner Don Briere says he is about to secure leases on several storefronts across Toronto to fuel an aggressive expansion of his B.C.-based Weeds Glass and Gifts chain, which lists four locations as currently operating in Ottawa and Vancouver.

Ontario’s dispensary operators are facing an existential dilemma: Shut down in the hopes of securing a coveted cannabis retail licence from the province by next April or continue selling a drug they say should be made easily available now more than ever.

It seems there is nothing that can stop Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) from reaching new heights. The latest surprise came when Corona beer-maker Constellation Brands Inc. (NYSE:STZ) announced last week that it would inject another $5-billion in Canada’s cannabis producer, increasing its stake to 38%.

Constellation Brands’ new investment follows an initial purchase of about a 10% stake last year. This development has many positive dimensions for the Canopy Growth that’s working to establish its dominant position in both medical and recreational marijuana markets globally.

The marijuana industry is barreling toward what will likely be the most important day in its history: Oct. 17, 2018. On this date, Canada officially makes it legal for licensed dispensaries to sell recreational marijuana to adults aged 18 or 19 (depending on the province) and older.

The landmark passage of the Cannabis Act in June by Parliament is expected to generate billions of dollars in added annual sales for pot companies to our north. It's this massive surge in sales, and strong expected demand, that's fueled investors to purchase marijuana stocks in spite of their alreadylofty valuations.

From the outside, Boerejongens (“Farmer Boys” in Dutch) looks like an old-style apothecary. The only clue of what it might be is a small sticker on the door reading “coffeeshop.”

Inside, there is a wine-bar vibe – polished marble floors and counters, and gold fixtures, and only the slightest hint of background music.

At the counter you are greeted by a cannabis sommelier, dressed sharply in a crisp white shirt, bow tie, suspenders, dress pants and shiny shoes.

B.C.-based cannabis producer, Tantalus Labs, announced today that it has received its licence to sell medical cannabis, issued by Health Canada under the Access to Cannabis for Medical Purposes Regulations (ACMPR). The acquisition of this licence marks a significant milestone for the company. Tantalus Labs will begin shipping cannabis products from their high-efficiency facility, called SunLab, in the coming weeks.