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Illinois is ringing in the new decade by becoming the 11th state in the country and the District of Columbia to allow the legal sale and purchase of marijuana. More news on: Aurora Cannabis Inc., Cronos Group Inc., Tilray, Inc., News on the U.S. economy, News on ETFs, Read more ...
Coming off a year where we witnessed more than a dozen cannabis firsts , the expectation had been that a number of marijuana milestones would again be reached in 2019 -- and that prediction did prove accurate. Unfortunately, the industry pushing toward profitability was not one of the many mile...
This was expected to be the year that everything went right for the cannabis industry . To our north, Canada had become the first industrialized country in the world to legalize recreational marijuana and commenced sales in October 2018. Derivative products were also presumed to hit dispensary ...
In just 10 days we'll be ringing in a new year and a new decade, but it may not be the happiest of times for marijuana stock investors . That's because, to put things plainly, the North American cannabis industry has had an awful year. When 2019 began, it looked as if pot stocks would pick up ...
Marijuana stock Tilray (NASDAQ: TLRY) is now one step closer to its ambition to be a cannabis supplier throughout the globe. It announced that it has exported medical cannabis extracts to Switzerland, the first time the landlocked European country has received such goods from Tilray. The ...
GW Pharmaceuticals Plc (NASDAQ: GWPH) is a well-rated stock according to Yahoo Finance and Bloomberg analyst consensus, however, I see 2 major risks associated with the firm's competitive position and investment prospects long term. I would caution investors to consider these risks before init...
What makes an industry leader when dealing with marijuana stocks and the industry as a whole is still loosely defined. Mostly due to how young the market still is. This means that in addition to some loose definitions, the rules behind investing can often be difficult to trace. But, thatȁ...
When 2019 began, it was expected to be an incredibly "green" year for the cannabis industry . Canada had just commenced recreational weed sales in October 2018; higher-margin derivative products were expected to hit dispensary shelves in Canada soon thereafter; and President Trump had just sig...
We saw marijuana stocks jump late in the week last week. Both The Cannabis ETF ( THCX Report ) and ETFMG Alternative Harvest ETF ( MJ Report ) started the week lower but finished strong before the end of the week. THCX rose from an open of $12.78 on Monday and by Friday had reached highs of $1...
In the past year or so marijuana stocks have faced more hurdles. Many of these obstacles are legislative issues. However, in the midst of all this, public perception has also changed. Currently, in the cannabis industry , we are seeing a high level of volatility sweeping through the market. I...
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The key to investing is “Buy low, sell high”. According to that mantra, periods of weakness are the mother’s milk of future gains. When you see them, you know “this is my chance”. It’s the chance to get involved. This is especially true in industries ...
NetworkNewsWire Editorial Coverage : In May 2013, GW Pharma listed on Nasdaq, selling 3.5 million shares at $8.90 each to investors betting that GW was charting a profitable course as a biotech developing new drugs from cannabis-derived compounds. Legal cannabis was only beginning to gain...
Real Brands Inc (OTCMKTS:RLBD) snuck one under the radar late last week, but investors interested in the CBD and Cannabis space should take note. The company filed its Form 10 with the SEC. In this case, it was a voluntary filing because the company does report having over $10 million o...