Pot producer Canopy Growth’s loss bigger than expected May 30, 2020 AggregatedNews Cannabis Investments 0 Comments Canopy Growth Corp (WEED.TO), (CGC.N) on Friday reported a bigger-than-expected quarterly loss as its recreational cannabis business lost market share due to delayed product launches and the company abandoned a profitability target. Its U.S.-listed and Canadian shares ended down about… Read More→
Bankruptcy, Receivership and Cannabis Insolvency April 20, 2020 Jacques Santucci Banking, Finance & Real Estate, Best Practices, Cannabis Investments, Policy & Legal 0 Comments As I started to write this article, the economy was still booming, despite the expectation of an impending adjustment in the market. Now, amidst the global COVID-19 pandemic, I still intend to share my thoughts surrounding bankruptcy and receivership in… Read More→
Tips for Investors to Mitigate Risk in Cannabis Cultivation April 15, 2020 Adrian Giovenco Cannabis Investments 0 Comments Cannabis is becoming an increasingly popular sector for investors, with more than $10 billion invested in the North American cannabis industry in 2018, and projections for final 2019 numbers hovering around $16 billion. That isn’t to say the market hasn’t… Read More→
Canopy Growth to cut more costs after smaller-than-expected loss February 14, 2020 AggregatedNews Cannabis Investments, Processing 0 Comments Canopy Growth Corp WEED.TO on Friday reported a smaller-than-expected loss in the third quarter, as the Canadian pot producer kept a tight lid on costs amid growing investor pressure to turn in a profit. U.S.-listed shares of the company rose over 15%… Read More→
Is Aurora Cannabis the Titanic of Marijuana Stocks? January 28, 2020 AggregatedNews Cannabis Investments 0 Comments Comparing any stock to a ship probably isn't the best analogy. However, I couldn't help thinking of the Titanic after seeing some of the headlines over the last couple of months about Aurora Cannabis (NYSE: ACB). For example, in December one analyst declared a one-year… Read More→
Are Marijuana Stocks Suddenly in Delisting Danger? November 22, 2019 AggregatedNews Cannabis Investments 0 Comments At this time last year, cannabis stocks were one of the hottest investments on Wall Street. That's because Canada, just a month earlier in Oct. 2018, had become the first industrialized country in the modern era to legalize recreational marijuana.… Read More→
Tilray (TLRY) 3rd Quarter Earnings: What to Expect November 12, 2019 AggregatedNews Cannabis Investments 0 Comments Can marijuana stocks fly high again? It’s been a rough year for the cannabis industry as doubts over legalization has caused investors to rethink interest in the sector. And Tilray (TLRY), which had a stock price of $140 a year… Read More→
Cannabis Faces Significant ESG Risks October 17, 2019 AggregatedNews Cannabis Investments, News & Insights 0 Comments Industry would be wise to adopt sustainable practices from the beginning. By Jon Hale, Ph.D., CFA It's not often that an entirely new legal industry springs up practically overnight after having been mostly illegal for decades, but that's what… Read More→
Feeling burned: The first year of legal cannabis has been a complete disaster for investors October 10, 2019 AggregatedNews Cannabis Investments 0 Comments Shares of the 10 largest Canadian cannabis producers have been bludgeoned, yielding an average negative return of more than 57% The legalization of cannabis in Canada was supposed to be a catalyst — the most powerful one yet, investors and… Read More→
SEC green light prompts rush into marijuana ETFs October 7, 2019 AggregatedNews Cannabis Investments 0 Comments Marijuana ETFs are rushing to list on US exchanges after getting a green light from the Securities and Exchange Commission. Provided that marijuana exchange traded funds can show an independent legal opinion that no holdings violate federal law, they can… Read More→
Ready to cash in on that IPO? Make sure you understand Rule 144 August 28, 2019 Julie Herzog Banking, Finance & Real Estate, Cannabis Investments 0 Comments In today’s highly profitable cannabis industry, we’re seeing a lot more companies go public. These IPOs raise capital for business interests, but they also might raise questions about private-placement stock, as well. That’s understandable. After all, holders of these kinds… Read More→
Time to Invest in Marijuana? Read This Now. August 28, 2019 AggregatedNews Cannabis Investments 0 Comments Everything is changing quickly in the marijuana industry and the legal landscape is evolving even faster. Understanding the changes as they occur is going to be extremely important for making successful investment decisions.It’s an exciting time for investors in this… Read More→
Wash Sale Rules and Canadian Cannabis Stock Holdings August 19, 2019 Peter Metz Cannabis Investments 0 Comments Sequel to “Warning to Americans Investing In Certain Canadian Cannabis Stocks That Have A U.S. Presence” Last month, I wrote about the major dividend tax withholding rate differences existing amongst the various types of stock holding entities, ranging from 0%… Read More→
Marijuana-derived epilepsy drug doubles sales, sending GW Pharma stock soaring August 7, 2019 AggregatedNews Cannabis Investments, Medical Marijuana, On the Move 0 Comments GW Pharmaceuticals PLC reported Tuesday afternoon that sales of its cannabis-derived epilepsy drug more than doubled from the previous quarter, sending shares spiking more than 11% higher in after-hours trading. GW Pharmaceuticals GWPH, +10.22% reported second-quarter sales of $68.4 million for Epidiolex, which uses… Read More→
Warning to Americans Investing In Certain Canadian Cannabis Stocks That Have A U.S. Presence July 21, 2019 Peter Metz Cannabis Investments 0 Comments You could be (up to) 33% worse off than compared with investing in U.S. stocks because of taxes! Learn the rules on minimizing the additional taxes before you invest. Investors be aware, not all US investors in Canadian stocks are treated… Read More→