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Canopy Growth (NYSE: CGC) trades at a $7 billion market cap and, despite shedding half of its value over the past six months, the stock is still an expensive buy. The stock will likely recover if marijuana becomes legal in the U.S. and the company can finally enter the market through it...
Shares of leading Canadian marijuana grower Canopy Growth (NYSE: CGC) declined 21.5% in 2019, according to data from S&P Global Market Intelligence . That might not sound so terrible, but when you consider that the S&P 500 returned 31.5% last year, that means Canopy...
NEW YORK, Jan. 13, 2020 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”), has expired wi...
Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics. Introduction Green Thumb Industries ( OTCQX:GTBIF ) has done it again. The company reported impressive Q3 results while firing on all cylinders. The stock is tr...
New York Governor Andrew Cuomo has set the legalization of recreational cannabis as one of his administration's top goals for 2020. In his annual State of the State address, Cuomo framed the plan as part of a broader effort to more fairly balance the New York justice system. "For decades, ...
Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics. Introduction Curaleaf ( OTCPK:CURLF ) is closely watched by investors as the biggest cannabis company in the U.S. by market capitalization. We think Curaleaf wi...
Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics. Introduction In April 2019, Acreage Holdings ( OTCQX:ACRGF ) agreed to be purchased by Canopy Growth ( CGC ) in an unprecedented structure that delays closing unt...
Editors' Note: This is the transcript version of the podcast we published Monday with Javier Hasse. We hope you enjoy it. Listen on the go! Subscribe to The Cannabis Investing Podcast on Apple Podcasts , Google Podcasts , Spotify , and Stitcher . Rena Sh...
2019 was rough for cannabis stocks -- and the investors who held them -- due to a number of factors . The bubble that grew ahead of Canada's legalization of marijuana in October 2018 burst this year. Investors grew less willing to overlook the wide losses that many companies in the industry ar...
Listen on the go! Subscribe to The Cannabis Investing Podcast on Apple Podcasts , Google Podcasts , Spotify , and Stitcher . By Rena Sherbill Today, I am very excited to be joined by Javier Hasse. Javier is the author of the book Start Your Own Cannabis Bu...
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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...