We started off last week with silver, and this week we’ve got another perspective on the white metal, which has grown by leaps and bounds this year, but remains under US$30 per ounce.

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We’re starting off this update with some interesting gold news that actually came last week.

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In the marijuana space this week, one key Canadian cannabis player’s latest quarterly results secured much attention from market watchers.

Meanwhile, news hit that the Ontario Cannabis Store (OCS) is getting a second warehouse, a development that could improve the province’s cannabis industry.

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In the cannabis space this week, turmoil continued due to changes in Ontario’s delivery and curbside pickup rules. But there was positivity for Canada as a whole, with sales hitting a new record in May.

Meanwhile, analysts from CIBC released their Q2 market commentary, picking out several important trends for marijuana-focused investors to watch.

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In the cannabis space this week, anonymous sources revealed that two major names in the industry recently contemplated joining forces in what would have been a blockbuster deal. 

Meanwhile, the Canadian province of Ontario shared an update on the COVID-19 rules marijuana stores need to follow, and a top company made more staff cuts as part of its restructuring plan.

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In the cannabis space this week, Ontario announced an end to measures introduced earlier this year to help curb the spread of COVID-19. 

Meanwhile, the latest numbers released by Health Canada indicate that marijuana inventory in the country remains high, which could be a problem for the industry moving forward.

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