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Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics. Introduction Cresco Labs ( OTCQX:CRLBF ) is busy transforming its businesses through a slew of acquisitions. The company announced a number of deals throughout ...
It shouldn't take very long for things to get interesting for marijuana stocks in 2020. There are plenty of potential catalysts that could be on the way, both in Canada and in the U.S. But I think that investors should especially keep their eyes on three marijuana stocks in January: Aphria ...
During the past trading week (December 30 to January 3), Illinois kicked off the new year with the first legal sales of recreational cannabis, raking in millions on the first day. A cannabis firm confirmed that its takeover deal by a major US-based multi-state operator (MSO) is in the final ...
Despite a slowdown of activity over the holidays, some players in the marijuana market elected to drop crucial news items during the off time. Two cannabis companies welcomed the new year with critical announcements for their investors. One US-based distributor confirmed that a planned mul...
Origin House Receives Shareholder Approval of Plan of Arrangement with Cresco Labs Inc. and Announces Extension and Addition of OCN Debt Facility Canada NewsWire OTTAWA, Dec. 31, 2019 OTTAWA , Dec. 31, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (the " Company ...
Origin House Strengthens Partnership with Top-Selling California Cannabis Brand, Kings Garden, Through Exclusive Distribution Agreement Canada NewsWire OTTAWA, Dec. 30, 2019 Kings Garden produces top-quality, boutique cannabis products and is consistently ranked as one of ...
During the past trading week (December 23 to 27), a prominent C-level executive was dismissed from his role at one of Canada’s largest cannabis companies. Another Canadian cannabis firm saw a massive value drop on its announcement of a US$25 million registered direct offering, which w...
Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector. Trading Summary Cannabis stocks declined across the board. The Horizons Marijuana Life Sciences Index ETF ( HMLSF ) declined 4.2%, the ETFMG Altern...
Origin House Reminds Shareholders Voting Deadline for Cresco Transaction is Friday December 27, 2019 Canada NewsWire OTTAWA, Dec. 24, 2019 Of votes cast as of December 23 , 99.52% are in favour of the Arrangement. Shareholder voting deadline is Friday, December 27,...
The emerging cannabis space was, for a time, the image of an investing success story, complete with high valuations and even higher expectations. After a taxing summer of illegal growing scandals , disappointing earnings from industry giants and reduced guidance numbers , though, investo...
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What a difference a year can make. At this time last year, the marijuana industry was fully expected to see its rapid sales growth result in recurring profitability within a year's time. Further, ongoing state-level legalizations in the U.S., coupled with the launch of derivative pot products i...
During the past trading week (January 6 to 10), the CEO of a large Canadian cannabis company left his role after the company experienced a massive drop in value during his time at the helm. Two other Canadian marijuana firms looked into dumping some of their operational as...
Since the Canadian Securities Exchange (CSE) launched the CSE25 Index in 2017 , cannabis stocks have continued to hold onto the top spots on the list. The CSE25 is a subsection of the CSE Composite Index, and is made up of the 25 biggest stocks by market cap contained within that larger ind...