I wonder why there is so much hype around the Canadian pot company Aurora Cannabis (NYSE: ACB) when it has time and again failed to meet investors’ expectations. Aurora Cannabis might be a popular pot stock among investors, but if you look around, U.S. cannabis stocks hold much greater potential. One such company is Massachusetts-based Curaleaf Holdings (OTC: CURLF). While […]
Cannabis Investments
Psychedelics Replace Pot as the New Favorite Edgy Investment
Psilocybin and other drugs seen as next ‘get-rich-quick’ plays Weed liberalization could pave the way for legal hallucinogens Cannabis is only on the cusp of many investors’ comfort zones, but the family offices and high-net-worth individuals hungry for early stage, edgy investments have already moved on to psychedelics. Marijuana’s legal headway in recent years has […]
Marijuana Stock Blip Hints at Canada Doubts
The U.S. election opened a small but noteworthy gap between Canadian and U.S. cannabis companies last week, underscoring all of the unanswered questions that investors face as access to pot spreads across the world’s largest economy. New Jersey, Arizona, South Dakota and Montana voted to legalize recreational use last week, while Mississippi and South Dakota […]
Aurora Cannabis Forecasts Sales At High End, But Marijuana Stocks Fall
Aurora Cannabis stock fell on Friday, even as the Canadian cannabis producer said it expects fiscal first-quarter sales and adjusted margins to come in at the high end of its expected range. Other marijuana stocks were mixed. The company sees fiscal first-quarter net sales coming in at the upper end of expectations for 60 million to 64 million […]
When Will U.S. Marijuana Stocks Be Profitable?
Investing in the marijuana industry over the past two years has been quite the trip. Through March 2019, North American pot stocks were unstoppable. With tens of billions of dollars in black market sales occurring each year, investors appeared to be sold on the idea of these illicit sales steadily moving over to legal channels. […]
The 10 Best Marijuana Stocks in August
For the past 17 months, it’s not been easy to be a marijuana stock investor. While there’s little question that cannabis can be one of the fastest growing industries this decade, every industry needs time to mature. Right now, pot stocks are navigating their way through that maturation phase — and let’s just say it hasn’t […]
Tilray Misses After Top Marijuana Stock Canopy Growth Beats
Marijuana stocks reported mixed results Monday, as Tilray’s (TLRY) Q2 loss was far worse than forecasts, while Canadian cannabis giant Canopy Growth (CGC) beat fiscal Q1 views. The companies report results as Canada’s marijuana industry deals with lower weed prices — as rivals feed the market with cheap brands to compete with illegal sales — […]
Cannabis producer Aphria posts bigger-than-expected loss
Canadian pot producer Aphria APHA.TO, <APHA.O> on Wednesday posted a bigger-than-expected quarterly loss and took impairment charges on some foreign assets, as coronavirus-related lockdowns disrupted tourism and supply chains. U.S.-listed shares of the company fell about 4% in premarket trading. Lack of profitability has been a major concern for cannabis investors as companies have largely failed to […]
Why Marijuana Stock Curaleaf Shot 11% Higher on Monday
What happened Curaleaf Holdings (OTC: CURLF) shares rose more than 11% on Monday on news of a fresh acquisition. The company announced that it is now the holder of the exclusive rights for the All Rebels Rockers dispensary license in Arizona, which it acquired from a Chicago-based cannabis purveyor, privately held Grassroots. Curaleaf did not specify what […]
Should cannabis companies get out front on leaseback plans?
Cannabis Business by Joe Caltabiano Companies in need of capital have a wealth of options in how they can raise it. From traditional bank loans to venture funding, line-of-credit accounts to angel investors, the sourcing choices are numerous. But that doesn’t mean they’re all equally available in all markets at all times. And right now, […]
