Your Monday morning cannabis market roundup with Flower One (FONE.C), Canada House Wellness (CHV.C), Pure Global Global (PURE.V) and C21 Investments (CXXI.C)

In 2017, the going logic of legalization was that everyone would be either smoking, vaping or ingesting cannabis in some way once it became legal, and that promise hasn’t been fulfilled. There’s been growth and retraction over the past year, but the same people you’d normally see with a joint between their lips on a Friday night remained and they mostly got it from the same sources they always did: the guy at work instead of the dispensary offering big name LP weed.

Xphyto (XPHY.C) blowing the weed sector out of the water with true 2.0 plan

Xphyto (XPHY.C) is dominating the cannabis sector like Sean Kemp used to dominate the Seattle buffet scene. It’s a legit beast right now, jumping from fat new high to fat new high. We’ve sat with their team several times over the past year and on each occasion have been impressed with their plans, but perhaps the greatest plan they’ve executed has been achieved over the past month, when their share price has elevated from $1.00 to $1.85.

Maple Leaf Green World (MGW.NEO) pays $900 hemp license fee, gets $15m market cap jump because people are dumb

It never ceases to amaze me how folks prefer to get their trade order in before doing their research, even on companies dripping in debt, that have failed at every single thing they’ve attempted over several years. What’s up, Maple Leaf Green World (MGW.NEO), a company so deficient in every respect that it trades on an exchange nobody else is interested in being listed on, has failed in every task it has announced since 2014, and can’t get its BC grow facility finished or sold because it is subject to liens from local contractors.

Liberty Leaf Holdings (LIB.C) partners with Veterans Affairs Canada to bring relief to PTSD sufferers

Part of cannabis’ cultural allure is the inherent rebellion of ingesting it. It’s been a counterculture staple because ingestion is an illegal act, a victimless crime and a way to thumb your nose at your so-called betters in ‘polite society.’ There’s Cheech and Chong, and also those wonderful underground comics from the 60’s and 70’s, and those years really were the heydey of cannabis-use as social rebellion. We’d see scenes of Huey gunship helicopters flying over an endless green Vietnamese jungle, with camo-clad boys passing a roach back and forth to fortify their nerves before their so-called ‘betters’ threw their lives away in combat. All to the tune of Fortune Son from CCR.