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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...
Shares of cannabis player Sundial Growers (SNDL) are up 4.2% to $1.60 as the company reported Q4 2020 earnings after the closing bell yesterday.Although Sundial missed analyst expectations on revenues, the company increased, year over year, the amount of cannabis sold (36%) and its ...
While the Canadian cannabis producer jumped 300% from its initial IPO price in November, I believe the company continues to trade at a discount. The legal cannabis market is gigantic and growing quickly; High tide is simultaneously seeing strong revenue growth. High Tide has a cha...
Aurora reported results for the quarter that ended Dec. 31, 2020, which showed flat revenue and continued cash burn. Aurora almost doubled its share count in the last six months, which is an ominous sign for shareholders as relentless shares issuance continues under the ATM program. ...
OrganiGram announced a C$221M investment and product development partnership with British American Tobacco. OGI shares have gone up ~50% since the deal was announced and its valuation at 18x EV/Sales is in-line with large-cap Canadian LPs. OGI remains a show-me story and investors...
TORONTO and LOS ANGELES, March 15, 2021 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) today announced that the full collection of Happy Dance™ CBD products are now available at more than 550 Ulta Be...
The ETF tracks the largest and most promising Cannabis companies in North America, diversifying risk to investors. The Cannabis market is ever-growing as more countries and U.S. states are legalizing recreational use. While valuations of included companies are high, they are nowhe...
The global cannabis oil is seeing a wealth of demand, creating opportunity for Pure Extracts Technologies Corp. (CSE:PULL)(OTC:PRXTF), Canopy Growth Corp. (NASDAQ:CGC)(TSX:WEED), cbdMD Inc. (NYSE:YCBD), Curaleaf Holdings (CSE:CURA)(OTC:CURLF), and Cronos Group Inc. (...
Cronos Group (NASDAQ: CRON) released its fourth-quarter results on Feb. 26 for the period ending Dec. 31, 2020. The cannabis producer had some mixed results; it generated sales growth, but losses continued to mount. And down 21% over the past month, investors have been bearish on th...
The marijuana sector in Canada and the United States is on the cusp of major growth. During the 2020 elections, New Jersey, Arizona, South Dakota, and Montana became the newest states to legalize marijuana, raising the total number of states with recreational cannabis use from 11 to 15. This ...
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TORONTO, July 22, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announces that at its Annual Meeting of Shareholders (the “Meeting”) reconvened July 19, 2024, approximately 98.6% of shareholders voting i...
The organizers of a new ballot initiative in North Dakota to legalize recreational cannabis submitted their petition signatures on July 5, 2024. This step sets the stage for another potential statewide vote on a matter that voters and state lawmakers have previously turned down. Steve Bakken,...