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FN Media Group Presents Microsmallcap.com Market Commentary New York, NY – March 25, 2021 – The CBD market is estimated to hit the $23.7 billion mark by 2023, with the US likely to be one of the more lucrative markets for hemp-derived CBD products, with almost ...
There has been a surge of mergers and acquisitions activity in the cannabis industry of late. Aphria (NASDAQ: APHA) and Tilray (NASDAQ: TLRY) are linking up in one of the sector's highest-profile mergers, and other industries are getting in on the action. Jazz Pharmaceutic...
Talk about a buzzkill: The latest news on marijuana reform didn't go over well with cannabis stock investors. On Tuesday, they sold off many sector favorites, including Aprhria (NASDAQ: APHA) , Aurora Cannabis (NYSE: ACB) , OrganiGram Holdings (NASDAQ: OGI) , HEXO ...
Canopy reported quarterly results that showed very underwhelming revenue growth, gross margin, and EBITDA losses. The company burned through $3.3B of cash during 2019 and 2020; it just raised another US$750M to bolster its balance sheet. Canopy's fundamentals do not support its va...
Many cannabis stocks soared in 2018 when Canada legalized recreational marijuana. But few had as wild a ride as Tilray (NASDAQ: TLRY) , which rocketed up by more than 800% in just a six-week span beginning in August of that year. The shine wore off, however, after legalization becam...
Canadian pot stock Tilray (NASDAQ: TLRY) got investors excited this year, following the announcement of a mega-merger deal with Aphria (NASDAQ: APHA) in December 2020. The marijuana industry, which saw surging sales last year, received a further boost from ...
The current cost structure is sub-optimal, but as revenues grow, margins will expand. Management expects US cannabis reform to happen in 2021, with the company entering the market this same year. CGC is one of the best companies in the cannabis sector, but for investors who are ri...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s quite the exciting time for marijuana investors as the U.S. inches closer toward mainstream acceptance of cannabis. Aphria (NASDAQ: APHA ) stock is particularly interesting right now as the company finaliz...
Merger activity remained steady last week. Two of the largest deals of this year were announced last week. SPAC activity continues to grow at a steady pace. For further details see: Merger Arbitrage Mondays - Coherent Shareholders Delighted By Another Round Of Counteroff...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cannabis producer Aphria (NASDAQ: APHA ) stock has made a huge comeback in since early November. Consider that the price went from $5.50 to $20. The market capitalization is now about $6 billion. Source: Shuttersto...
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Cannabis Industry Merger And Acquisitions In 2021 Many cannabis stocks have over the last several months been hit with a loss in trading momentum. This has led to many of the top cannabis stocks trading at lower prices. Yet so far in May pot stocks have been performing a bit more vo...