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Source: TMX Money. MedMen 's ( MMNFF ) acquisition of PharmaCann has been tacitly approved by the Department of Justice's antitrust division. Some hurdles remain before the deal can be completed, including a shareholder vote and satisfying regulators in Illinois and New York. The bigges...
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 staged an impressive rebound last week. Horizons Marijuana Life Sciences Index ETF ( HMLSF ) gained 7.5%, ETFMG Alt...
One of the most unique transactions in the public marijuana industry may be misunderstood by market participants, according to one of the people behind the deal. The leading executives of Canopy Growth (NYSE: CGC ,TSX:WEED) and Acreage Holdings (CSE: ACGR.U ,OTCQX:ACRGF) held the stage tog...
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 continued to decline last week. Horizons Marijuana Life Sciences Index ETF ( HMLSF ) fell 2.6%, ETFMG Alternative H...
When it comes to the fastest growing industries on the planet, the green rush certainly has its place . After posting $10.9 billion in worldwide legal sales last year, the global cannabis industry could grow into a $50 billion to $200 billion industry by the end of the next decade. At $200 bil...
Long-term investing has been shown to outperform short-term trading, but that doesn't mean that every stock deserves a spot in set-it-and-forget-it portfolios. Many of today's winners won't have what it takes to thrive for decades, so it's critical to due your homework and only focus on those ...
When Constellation Brands (NYSE: STZ) announced it was investing in Canopy Growth (NYSE: CGC) , there was a lot of hope that it would help give the beverage maker a good way to diversify into another industry and tap into some exciting new products that its customers can get b...
Matthew Whitaker, former acting US attorney general, has joined the marijuana industry, working as an outside counsel to Ontario-based Alternate Health (CSE: AHG ,OTCQB:AHGIF). Alternate Health is a hemp-derived cannabidiol (CBD) producer developing a variety of branded products. The ...
NEW YORK, Aug. 26, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced its management team will attend three institutional investor conferences, a leading cannabis industry conference and a summit aligned with Uni...
Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics. Introduction Canopy Growth ( CGC ) reported its fiscal 2020 first-quarter results last week, and investors were rattled by the disappointing quarter. The compan...
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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...