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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 fluctuated last week to close an uneventful month of April. Horizons Marijuana Life Sciences Index ETF ( OTC:HMLSF ...
By Rena Sherbill Today, I am very excited to be joined by Alan Brochstein. Alan is the founder of 420 Investor , an online community featuring ideas, research, and conversation about stocks in the cannabis industry, and NCV Media, the company behind New Cannabis Ventures, a publicly ...
SAN FRANCISCO , May 6, 2019 /PRNewswire/ -- Marcato Capital Management LP ("Marcato"), a San Francisco -based investment manager which manages funds that beneficially own approximately 2.7% of the outstanding Subordinated Voting Shares * of Acreage Holdings, Inc. (ACRG-U.CN) (ACRGF) (FS...
Canopy Growth ( CGC ) once again outdid its competitors by becoming the first major Canadian cannabis company to acquire a large MSO in the U.S. Its latest deal to acquire Acreage Holdings ( ACRGF ), contingent on the U.S. legalizing cannabis federally, represents a great deal for Canopy. We m...
A new report from bank Barclays (LSE: BARC ,NYSE:BCS) projects that the US marijuana market would have a value of US$28 billion if it was legal today, with the potential to grow to US$41 billion on a pre-tax basis by 2028. Barclays analysts shared a note with investors on Wednesday (May 1), ...
Cannabis investors were able to discover some of the new trends in the space and learn where the industry may be headed in 2019 during the Arcview Investor Forum in Vancouver. The three-day event (April 23 to 25) in Vancouver gave investors the chance to hear from some of the thought leaders...
The cannabis industry is excited about the potential changes that could stem from the structure of a new deal between US and Canadian players. Following the confirmation of a US$3.4 billion acquisition plan between Canopy Growth (NYSE: CGC ,TSX:WEED) and US focused multi-state operator (MS...
NEW YORK, April 30, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“ Acreage ”) (CSE: ACRG.U) (OTC: ACRGF) (FSE: 0ZV) announced it has publicly posted a letter to shareholders from Kevin Murphy, Founder, Chairman, and Chief Executive Officer of Acreage (the “ Letter &...
Florida Demographics Florida is sometimes referred to as "God's Waiting Room" because of its heavy concentration of elderly retirees. There is about a 100% probability that these elderly residents have pain, arthritis, anxiety, sleep difficulties or any of the other qualifying conditions tha...
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 ...
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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...