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Despite the current uncertainty over federal legalization of cannabis, BDSA, a Colorado-based research firm focused on the industry, expects U.S. cannabis sales to hit ~$41.3B in 2026, Reuters reports. Legal cannabis sales approached $17.6B in 2020, indicating ~45.5% YoY growth, and...
Tilray (NASDAQ:TLRY) has climbed ~7.4% in the pre-market after the company announced the purchase of the majority of outstanding convertible notes of MedMen Enterprises (OTCQB:MMNFF) as the Canadian cannabis player eyes the U.S. market in the event of federal legalization. Comm...
Julian Lin has a new cannabis focused marketplace service, Cannabis Growth Portfolio. We discuss his thoughts on EBITDA, ETFs using total return swaps to own US MSOs, rebalancing away from Canadian operators. Uplisting is the clearest catalyst for cannabis stocks. Tilray coming fo...
The cannabis stock outlook is shaped by two interesting forces. On the one hand, the long-term secular investment thesis – the story about legalization in the major economies and how that will spark the growth of a major industry-led by intrinsic demand freed from the unnatural barrier...
Alan Brochstein, a friend of the podcast and now a 3peat guest, is the founder of 420 Investor and New Cannabis Ventures. Thoughts on uplisting, the ETF MSOS, volume and valuation issues and confronting the California cannabis landscape. Why there's no winner take all in U.S. cann...
IIPR is a cannabis net lease REIT, which provides capital to the US cannabis sector. IIPR has benefited from difficult operating conditions to acquire leases with very attractive terms. Cannabis legalization would likely put pressure on its ability to acquire such profitable lease...
5 Top Marijuana Stocks To Watch This Week When it comes to the marijuana industry, many bulls have and continue to count their victories in recent years. As a result, marijuana stocks are now among the most active stocks in the stock market today. This would be thanks to the...
Cannabis stocks historically make their biggest run during the second half of the year. That suggests market participants may want to keep an eye on the group as we approach the fall trading season and new money gets ready to flow. Global spending on legal cannabis worldwide will hit $57 bill...
Billions of dollars flooded into the cannabis sector in a tsunami-like fashion following the democrats assuming control of the United States senate following Georgia's runoff election. Investors indiscriminately began investing in cannabis stocks as if all companies are equally attrac...
NetworkNewsWire Editorial Coverage : In 2020, Canada became the largest exporter of dried cannabis flower in the world. Today, Canada is looking over its shoulder at a formidable competitor in Colombia, which recently instigated some legislative changes that position the country to become...
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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,...