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Since investing in marijuana stocks became mainstream a few years ago, the biggest companies in the industry have received the majority of the attention. News outlets and investor resources have continued to cite the same companies as the basis for industry growth. Despite this, the potential ...
February 24, 2020 Palm Beach, FL – February 24, 2020 — Over the next five years, the global CBD market is expected to accelerate to $23.6 billion, according to Grand View Research . All thanks to the growing adoption of CBD-infused products in industries such as...
Few industries have grown as rapidly in recent years as marijuana. Between 2014 and 2018, worldwide legal weed sales more than tripled to $10.9 billion. Meanwhile, Wall Street is forecasting that global annual pot sales could hit $50 billion, at minimum, by 2030. Even with the recent growing pai...
Over the long run, the cannabis industry could provide a smorgasbord of growth for investors. Having already tripled global sales between 2014 and 2018, Wall Street has weighed in and expects worldwide weed sales to catapult by another 400% to 1,800% by 2030. The wide margin in Wall Street's for...
Aurora Cannabis (NYSE: ACB) is under a lot of heat these days as it comes off yet another disappointing quarter. The stock lost more than half of its value in 2019, dropping 56% during the year, which was much worse than cannabis stocks a whole did, as the Horizons Marijuana Life ...
It can be difficult to find good buys in the cannabis industry, especially since a lot of the focus is on industry leaders Aurora Cannabis (NYSE: ACB) and Canopy Growth (NYSE: CGC) . That means investors may overlook other, smaller stocks that may not get as much atten...
In case you haven't noticed, the North American cannabis industry has been a borderline mess in recent months . To our north, Canada has been contending with regulatory-based supply issues that have created shortages or bottlenecks. Meanwhile, in the U.S., high tax rates, and to a lesser degree...
Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics. Introduction Aurora Cannabis ( ACB ) reported its fiscal 2020 Q2 results last week. Although the company pre-released its revenue range when it also announced ...
Nothing seems to be going right for Aurora Cannabis (NYSE: ACB) . Last year, the Canadian pot grower's shares plunged by 56.5%, and while the cannabis industry as a whole performed poorly, Aurora's performance was bad even by that less-than-flattering standard. More recently, Aurora Cannabis ...
Australis Capital , an investment company that was spun off in 2018 from cannabis industry major Aurora Cannabis (NYSE: ACB) , has put the kibosh on a planned business tie-up. Australis announced this week that it has cancelled its previously announced merger with hemp products producer Foli...
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2024-03-25 14:14:08 ET Last week was a wonderful week to own shares of Canadian marijuana producer Aurora Cannabis (NASDAQ: ACB) . On March 18, Vice President Kamala Harris said that it's time to legalize marijuana, and on Friday, Germany announced that it will legalize it...
2024-03-25 07:29:56 ET Cannabis stocks are surging, helped by positive regulatory steps in the United States. Tilray Brands (NASDAQ: TLRY) stock jumped to $2.4 in the pre-market, its highest level since January 9th of this year. It has spiked by more than 50% from its lowest point this ...
Germany's historic step towards cannabis legalization, effective April 1, 2024, opens a new chapter in the global cannabis industry, presenting...