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Source: TMX Money. MedMen 's ( MMNFF ) acquisition of PharmaCann has been tacitly approved by the Department of Justice's antitrust division. Some hurdles remain before the deal can be completed, including a shareholder vote and satisfying regulators in Illinois and New York. The bigges...
Perhaps it's no coincidence that cannabis plants are green, because it's an industry that's expected to show investors the green over the long run. After producing nearly $11 billion in legal worldwide sales last year, the global pot industry could grow to $200 billion a year in sales by the t...
Marijuana is one of the fastest growing industries on the planet . Legal weed sales have more than tripled between 2014 and 2018, and they're on track to roughly quadruple between the $10.9 billion generated in licensed cannabis stores 2018 and the projected $40.6 billion in worldwide licensed...
There are a lot of pot stocks to choose from, and Cresco Labs (OTC: CRLBF) sometimes gets lost in the crowd. At a market cap of less than $1 billion and trading volumes often below 300,000, it's not a real attention-grabber. However, that could be a missed opportunity for investors. Chica...
On one hand, legal marijuana could prove to be one of the fastest-growing industries on the planet over the next decade. If investment bank Stifel's forecast of $200 billion in annual worldwide sales in 10 years proves accurate, we could be looking at a compound annual growth rate for cannabis...
Play Video The second half of 2019 is in full swing, and August brought along a pair of critical announcements in the marijuana investment market. The fallout from the scandal surrounding CannTrust Holdin...
On Wednesday (August 28), TerrAscend (CSE: TER ,OTCQX:TRSSF) announced it has signed agreements to purchase a California premium brand operator. The new acquisition for the Canadian cannabis firm, ABI SF, owns a cultivation facility in the state’s San Francisco Bay Area, ...
Investors have become accustomed to Origin House (OTC: ORHOF) delivering sizzling revenue growth . In May, for example, the cannabis brands and distribution company reported a 41% quarter-over-quarter sales increase in the first quarter. But has Origin House kept the impressive momentum go...
Origin House ( OTCQX:ORHOF ): Q2 GAAP EPS of -C$0.47. Revenue of C$21.38M (+509.1% Y/Y) misses by C$17.77M . Press Release More news on: Origin House, Earnings news and commentary, Tech stocks news,
Origin House Announces Record Quarterly Revenue of $21.4 million for the Second Quarter of 2019; Sequential Growth of 91% from Q1 2019 Canada NewsWire OTTAWA, Aug. 28, 2019 OTTAWA , Aug. 28, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (O...
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What a difference a year can make. At this time last year, the marijuana industry was fully expected to see its rapid sales growth result in recurring profitability within a year's time. Further, ongoing state-level legalizations in the U.S., coupled with the launch of derivative pot products i...
During the past trading week (January 6 to 10), the CEO of a large Canadian cannabis company left his role after the company experienced a massive drop in value during his time at the helm. Two other Canadian marijuana firms looked into dumping some of their operational as...
Since the Canadian Securities Exchange (CSE) launched the CSE25 Index in 2017 , cannabis stocks have continued to hold onto the top spots on the list. The CSE25 is a subsection of the CSE Composite Index, and is made up of the 25 biggest stocks by market cap contained within that larger ind...