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At this time one year ago, cannabis stocks were seated high on the mountain top overlooking nearly all other industries and sectors. The marijuana industry simply couldn't be stopped , with Canada becoming the first industrialized country in the world to legalize recreational pot on Oct. 17, 20...
With the cannabis industry projected to continue growing at a frenetic pace, marijuana companies have conjured up dozens of innovative ways to profit from this rare opportunity. Some, like Aurora Cannabis (NYSE: ACB) spent small fortunes ramping up their production capacity. The Edmon...
It's finally happened. After more than three years of the marijuana industry delivering green for their shareholders, the cannabis stock bubble has burst. While there's no official or concrete definition that describes when the party has ended for a hot industry, I'd call the nearly 50% decli...
On the one hand, marijuana is supposed to be the greatest growth opportunity since sliced bread . Worldwide sales of cannabis have more than tripled over the past four years, and they could grow anywhere from fivefold to 18-fold over the next decade, depending on Wall Street's projections. On ...
For years, marijuana stocks have been virtually unstoppable, and investors who had the stomach and wherewithal to stick with the still nascent industry were handsomely rewarded . However, the past six months have not been kind to cannabis stocks. Since the end of March, and through the previou...
It's the ultimate, but accurate, cliché: The cannabis industry is growing like a weed. Depending on your preferred source, the global marijuana industry could reach anywhere from $50 billion to $200 billion in sales by the end of the next decade. That should leave plenty of opportunity for ...
Perhaps it's apropos that the cannabis industry is known as the "green rush," because it's expected to make investors a lot of money over the long run. Between 2018 and the end of the next decade, annual legal weed sales could grow from $10.9 billion worldwide to perhaps as high as $200 billion ...
When investors look back on the cannabis industry a decade from now, they're liable to find one of the fastest growth trends on the planet . Depending on your preferred Wall Street source, legal marijuana sales could hit between $50 billion and $200 billion annually 10 years from now. However,...
Legal marijuana projects as one of the fastest-growing industries in the world over the next decade. Regardless of which Wall Street forecast you favor, growth prospects suggest a healthy double-digit compound annual growth rate for the industry through 2030, and hopefully plenty of opportunity...
For years, promises of growth had been more than enough to send marijuana stock valuations higher. However, things changed when Canada legalized recreational marijuana and opened its doors to adult-use weed sales on Oct. 17, 2018. No longer are promises sufficient to send cannabis stock market...
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TORONTO, Feb. 17, 2023 (GLOBE NEWSWIRE) -- The Flowr Corporation (the “ Company ”) announces that in connection with the closing of its previously announced sale transaction under the Companies’ Creditors Arrangement Act (Canada) (the “ CCAA Proceedings ...
TORONTO, Feb. 03, 2023 (GLOBE NEWSWIRE) -- The Flowr Corporation (the “ Company ” or “ Flowr ”) announces that its wholly owned subsidiary, The Flowr Canada Holdings ULC, has closed on the previously announced sale of all of the shares of The Flowr Group (Okana...
TORONTO, Dec. 08, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (the “ Company ” or “ Flowr ”) announces that its subsidiary, The Flowr Canada Holdings ULC, has entered into a binding agreement (the “ Acquisition Agreement ”) with Avant Brand...