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U.S. Multi-State Operators are making a comeback on Tuesday after Cantor Fitzgerald reiterated Overweight ratings on four companies categorizing them as top picks in the beaten-down industry. Noting a growing trend of state-level legalization of cannabis, the analyst Pablo Zuanic ...
MIAMI and BOSTON, June 29, 2022 (GLOBE NEWSWIRE) -- Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, announced the opening of AYR in Back Bay, the Company’s f...
Tilray has crashed below $3.50 after being seen as one of the future leaders in the global cannabis market. The Canadian cannabis company only has a minimal cannabis revenue base of $55 million per quarter. The stock is still expensive, trading at 5x the non-distribution revenue b...
Office of National Drug Control Policy Director Rahul Gupta told a House Committee Monday that the Biden administration supports cannabis reforms, such as decriminalization, and also sees therapeutic benefits from marijuana, Marijuana Moment reported. Appearing before the House Oversight and ...
Are These Marijuana Stocks On Your July Watchlist For people looking for the best marijuana stocks to buy this could be the time. The cannabis sector has been showing a good amount of volatile trading. What this means is most marijuana stocks have been trading with unpredictable pat...
Investors must look beyond stock prices to evaluate the quality of cannabis companies. Cash flow is currently the single best indicator of financial health in cannabis. Green Thumb is the cash flow king. For further details see: Green Thumb: Undisputed Cash Flow Champion...
The cannabis legalization in North America appears to have accelerated the daily cannabis use and related health impacts, the United Nations Office on Drugs and Crime (UNODC) said on Monday in its World Drug Report for 2022. In the Americas, Canada and Uruguay permit the production and sale o...
There will be plenty of noise around federal legislation in the coming months. Macro headwinds are subsiding, albeit with some lingering pressure around what inflation will do to consumer spending levels. The lower break-even threshold and seemingly more accommodating regulatory e...
With a comprehensive marijuana legalization bill containing criminal justice provisions looking less likely, Senate Democrats are repositioning and instead are focused on getting legislation passed that would allow cannabis businesses access to the U.S. banking system, POLITICO reported. Usin...
A bipartisan House bill would allow cannabis multi-state operators (MSOs) to list on major U.S. stock exchanges as well as allow U.S. financial institutions to provide MSOs capital. The Capital Lending and Investment for Marijuana Businesses Act (CLIMB), sponsored by Reps. Troy Carter (D-La.)...
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2024-07-28 16:00:19 ET August’s Top US Cannabis Stocks: Where to Invest As the cannabis industry continues to grow, investors are looking at the top US marijuana stocks to watch in August. The US cannabis market is booming, with sales expected to reach $30 billion in 2024. Th...
2024-07-21 01:00:42 ET Best US Marijuana Stocks to Add to Your Watchlist This August The cannabis industry and marijuana stocks are burgeoning, attracting investors keen to tap into its growth potential. The sector has seen a remarkable expansion over recent years, driven by increas...
2024-07-11 09:30:47 ET Cannabis Industry Boom: Best Marijuana Stocks to Watch Now Investors are increasingly turning their attention to the booming US cannabis industry. The market is projected to reach $41.5 billion by 2025, reflecting a robust annual growth rate. Recent news about pot...