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Cannabis sales are determined by number of dispensaries and the availability to them by proximity. California has no restrictions regarding the number of dispensaries such as Washington State. Growth in cannabis in California will eclipse the entire cannabis industry's current ret...
Cannabis companies are starting to turn a profit and print positive EPS. Here are the few that are earning a profit. Many companies are close to turning a positive EPS. The industry itself is expected to expand some 100% in the next couple of years, and with economies of scale, th...
Both Senate seats went to Democrats and this allows for a blue agenda with cannabis legalization being one of the top priorities. Arizona's legalization of recreational cannabis is already being geared up for with companies retooling in preparation. The industry will see continued...
2020 saw increases of 80% in Canada and expectations are for that to double next year. California will lead revenue growth rates as the state continues to ramp up the industry. Washington and Colorado are starting to see overall growth rates slow modestly, excepting pandemic-induc...
In a note , RBC Capital Markets says that legal sales of marijuana in the U.S. are catching up to beer and wine, potentially reaching $47B in ten years, implying a 17% CAGR. More news on: Aurora Cannabis Inc., Aero Grow International, Inc., Agritek Holdings, Inc., Healthcare stocks news, ...
Cannabis-related stocks may see broad buying today as they announce supply agreements with retail operations ahead of the launch of the adult-use recreational cannabis market in Canada on October 17. Cronos Group (NASDAQ: CRON ) and Tilray (NASDAQ: TLRY ) have already announced deals. Both a...
"Today is the day that everything has changed in Cannabis," tweets Andrew Left . "Real $$$ into space. Next to get support should be Tilray ( TLRY +19.8% )." More news on: Tilray, Inc., Horizons Marijuana Life Sciences Index ETF, Cannimed Therapeutics Inc., Consumer stocks news, Healthc...
Cannabis consumers in California should be aware that they may be ingesting weed that lags state-sanctioned safety standards that went into effect July 1. More news on: Horizons Marijuana Life Sciences Index ETF, Cannimed Therapeutics Inc., Medical Marijuana, Inc., Healthcare stocks news, ...
While the government would still control distribution, private stores in Ontario would be allowed to sell cannabis once it becomes legal on October 17, according to the story . More news on: Horizons Marijuana Life Sciences Index ETF, Cannimed Therapeutics Inc., Medical Marijuana, Inc., C...
Current U.S. cannabis sales of $6B are already as large as what Canada might get to in 2022, says GMP Securities . Just looking at the 33 currently legal U.S. states, the team sees sales growing to $20B in 2022. That could rise to $50B under a federally legal scenario. More news on: Horiz...