Author: Alan Brochstein, CFA
Cannabis stocks, as measured by the Global Cannabis Stock Index, plunged in February, more than reversing out the 10.7% gains in January by falling 26.7% to 115.33: The index,...
After a strong start to the year, with the Canadian Cannabis LP Index rising 17.7% in January, the benchmark reversed out the gains in February, declining 18.6% to leave...
Just four months after announcing its intent, Canopy Growth has been approved by Health Canada to cultivate in a British Columbia greenhouse as of February 16th. The license represents...
The Securities and Exchange Commission (SEC) moved today to suspend trading in three OTC-listed stocks for statements they made in early January regarding the acquisition of cryptocurrency and blockchain...
The Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than $2.5 million per quarter....
Following its highly successful initial ETF, Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) (OTC: HMLSF), which boasts assets in excess of C$700 million, Canadian fund manager Horizons ETF...
Alliance One International (NYSE: AOI), a global contractor, processor and supplier of tobacco, announced today that it is entering the U.S. industrial hemp industry and taking controlling stakes in...
With operations in California since 1999, Berkeley Patients Group (BPG) is the longest operating cannabis dispensary in the United States. COO Sean Luse, who has been with the company...
After the close, GW Pharma (NASDAQ: GWPH) issued two press releases and hosted a conference call to review its FY18-Q1 ending 12/31/17. The company reported that the European Medicines...
Indica Industries Pty Ltd, the partner of Canadian licensed producer MedReleaf (TSX: LEAF) (OTC: MEDFF) that is operating as MedReleaf Australia, has commenced commercial operations. The company, which received its...
The market for publicly-traded Canadian licensed producers (LPs) of cannabis has become one of the most important ones for the global cannabis industry. 14 of the 28 companies collectively...
We learned this week that HighTimes Holdings, the parent company of High Times, has been trying to find parties with extensive email lists to solicit for its Reg A+...
The Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than $2.5 million per quarter....
Hightimes Holdings issued a preliminary prospectus for a Reg A+ offering, with a goal of raising up to $50 million by selling shares at $11.00, with net proceeds of...
Multi-state cannabis operator MedMen plans to go public in Canada early in the second quarter of 2018, listing on the Canadian Securities Exchange (CSE). Adam Bierman, CEO and Co-Founder...
Publicly-traded Digipath Labs (OTC: DIGP), which reported sales in excess of $600,000 from its Nevada-based cannabis testing lab for the quarter ending 9/30/17, has been suspended from operations. The...
Following last week’s recission of the Cole Memo by Attorney General Jeff Sessions, the Canadian Securities Administrators (CSA), an organization consisting of securities regulators from each of the 10...
The Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than $2.5m per quarter. This...
In 2017, the first two exchange-traded funds (ETF) focused on publicly-traded cannabis stocks emerged, including Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) (TSX: HMMJ.U) (OTC: HMLSF) in April...
Health Canada released monthly data yesterday on its medical cannabis program, Access to Cannabis for Medical Purposes Regulations (ACMPR), which was implemented as MMPR in April 2014. The number of patients...
After an extremely interesting look at several leading cannabis companies five months ago that included interviews with leading cannabis companies like MedMen, Canndescent and Kiva Confections, Marcus Lemonis is...
Health Canada has issued 84 licenses to date under Authorized Licensed Producers of Cannabis for Medical Purposes (ACMPR) and has indicated that it will ramp up to over 200 in...
Amanda Chicago Lewis shared some interesting predictions in Rolling Stone on Friday, discussing marijuana lounges, a potential “bloodbath” in California, the end of characterizing strains as “indica” or “sativa” and...
Cannabis stocks surged 51.8% in December after a 58.3% gain in November. For the full year, the Cannabis Stock Index rose from 74.10 to 142.10, an increase of 91.8%: Like...
We pointed to a remarkable change in the cannabis sector in early November, a week after Constellation Brands (NYSE: STZ) announced a significant investment into Canadian licensed producer Canopy...
