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U.S. Legislation Update The inevitability of cannabis legalization across the United States is becoming more and more clear. In addition to numerous states advancing pro-cannabis bills through their legislatures and broad public support for legalization, the U.S. Congress is expected to ...
Play Video As another month ends, the Investing News Network (INN) provides a recap of some of the most critical April developments in the public marijuana space. The cannabis public sector was all abuzz this pa...
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 recouped some of the recent losses last week. Horizons Marijuana Life Sciences Index ETF ( OTC:HMLSF ) gained 5.2% ...
The United States is home to a variety of multi-state cannabis operators dealing with the challenges of operating across state lines. Although Canada has captured much of the mainstream media’s attention regarding the future of the cannabis industry, it’s easy to forget that ...
April 25, 2019 CannabisNewsWire Editorial Coverage Denver, CO – April 25, 2019 – The explosive growth recently seen in the cannabis industry presents a rare chance for savvy companies to profit in a virtually untapped market. Legal marijuana market projected to re...
Bloomberg's Caroline Hyde questions Canopy Growth chairman Bruce Linton on Tuesday's episode of "What'd You Miss" (screen capture via Bloomberg ). Are Canopy Growth Shareholders Future Bagholders? That was the warning made by Seeking Alpha contributor Easterly Winds in his recent artic...
It is no secret that the cannabis market has been growing at an alarming rate in the last few years, with analysts predicting even more growth to come in the next four years. This increase in popularity has also caused a number of companies to enter the cannabis space in hopes of gaining ...
Acreage Holdings ( ACRGF ) shareholders woke up to some big news last Thursday. Canopy Growth ( CGC ), the world's largest cannabis company by market value, announced a deal to buy the rights to acquire Acreage Holdings at a later time when the U.S. legalizes cannabis federally. However, we wi...
In a matter of a month, Cresco Labs ( OTCQX:CRLBF ) has gone from relatively obscurity to one of the largest multi-state operators (MSOs) in the U.S. cannabis market via the pending acquisition of Origin House ( OTCQX:ORHOF ). The company only reported Q3 revenues of a meager $12 milli...
We have probably all been there. It might have a been sudden drop or a slow and systematic decline in the stock price due to a black swan event or poor earnings report. You might have averaged down because you thought the market was crazy to discount your holding. “This is a fire sale...
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Consolidated revenue grew 84% to $58.1 million in the fourth quarter and 65% to $188.9 million for the full year Full year gross margin increased to 51% Achieved positive Adjusted EBITDA through fiscal 2021, an improvement of $54.1 million over 2020 ...
NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) , a multi-state operator of cannabis cultivation and retailing facilities in the U.S., today announced a licensing agreement w...
NEW YORK, March 04, 2022 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF) , a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today anno...