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Investors would probably struggle to find a faster-growing industry at the moment than legal marijuana. With a double-digit compound annual growth rate over the next decade, cannabis may offer patient investors incredible returns . But the thing is, the marijuana space is incredibly crowded. T...
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 got crushed again last week as vaping-related health concerns rattled investors. Horizons Marijuana Life Sciences I...
Bruce Linton has been a visionary for the cannabis industry. He helped build Canopy Growth (NYSE: CGC) into the pot giant it is today and hasn't been shy about making big moves. This includes the deal to acquire Acreage Holdings (OTC: ACRGF) in a unique agreement that's ...
MKM partners initiates coverage on seven pot stocks: Curaleaf Holdings ( OTCPK:CURLF ): Sell, Aurora Cannabis (NYSE: ACB ): Sell ( -1% ), Canopy Growth (NYSE: CGC ): Neutral (up a fraction), Tilray (NASDAQ: TLRY ): Neutral (up a fraction), Cronos Group (NASDAQ: CRON ): Neutral ( +1% ), ...
NEW YORK, Sept. 19, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced its management team will attend two institutional investor conferences on October 3 rd . Canaccord Genuity’s U.S. Cannabis Symposi...
For years, the words "value" and "cannabis" pretty much didn't belong in the same sentence. That's because marijuana stock valuations were going through the roof on nothing more than promises of industrywide growth once Canada, and eventually the U.S., legalized the drug. Today, however, it's...
Things were looking good for Acreage Holdings (OTC: ACRGF) earlier this year when it reached an agreement with Canopy Growth (NYSE: CGC) that would see the two companies come together and form a potential powerhouse in North America. It came with a significant caveat, howe...
If you think the cannabis industry has grown like a weed of late, just give it some time to find its footing and mature a bit. After tripling worldwide legal marijuana sales between 2014 and 2018, legal pot revenue could soar to between $50 billion and $200 billion over the next decade. At the ...
Acreage Holdings ( OTCQX:ACRGF ) shares fell to unprecedented levels in the aftermath of its sale to Canopy Growth ( CGC ). We actually somewhat predicted such an outcome in our analysis published shortly after the deal was announced. Despite the recent challenges, we think Acreage's underpe...
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...
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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...