Another marijuana company is paying big to get in on the Illinois market. Chicago-based Grassroots Cannabis to be sold for $875 million. July 18, 2019 AggregatedNews Cannabis Investments 0 Comments Grassroots Cannabis is set to be acquired for $875 million, becoming the latest Chicago-based marijuana company to draw a blockbuster price tag from an out-of-state operator. Curaleaf Holdings, based in Massachusetts, announced Wednesday morning its plan to acquire Grassroots. The… Read More→
These 35 Cannabis Stocks Fell at Least 10% in May June 5, 2019 AggregatedNews Cannabis Investments 0 Comments Throughout most of 2019, marijuana stocks have been virtually unstoppable. In the first quarter alone, the first-ever cannabis exchange-traded fund, the Horizons Marijuana Life Sciences ETF, advanced by more than 50%, with 14 prominent pot stocks gaining at least 70% through March.… Read More→
The impact of the next recession on cannabis May 23, 2019 David Traylor Cannabis Investments, News & Insights 0 Comments By David Traylor In 2019, warning signs have been intermittently flashing red for a potential economic downturn. The indicators, which include forecasted lower GDP numbers in China, falling U.S. Manufacturing PMI, some slowing economies around the world and ongoing Brexit uncertainty, are some… Read More→
The 10 Best Marijuana Stocks in April May 8, 2019 AggregatedNews Cannabis Investments 0 Comments Believe it or not, marijuana stocks proved fallible in April. Although spring typically brings the green, the Horizons Marijuana Life Sciences ETF, a broad-based cannabis fund holding around four dozen pot stocks of various weightings, lost 1.6% during the month of… Read More→
Here’s Who Sold the Most Marijuana Last Quarter April 5, 2019 AggregatedNews Cannabis Investments 0 Comments Following the opening of Canada's recreational adult-use marijuana market last October, top marijuana stocks could capture billions of dollars in sales as consumers shift their spending from the black market to licensed marijuana retailers. The potential to profit from pot… Read More→
Denver company avoids Colorado ban on publicly traded pot companies April 3, 2019 AggregatedNews Cannabis Investments 0 Comments As Colorado’s legislature considers whether to allow publicly traded cannabis companies to operate in the state, one such company in Denver has been doing so for months. Founded in 2010 by John Fritzel, then a bankrupt former Subway franchisee, and two… Read More→
Marketing a Cannabis Company for Sale, Part 4 March 18, 2019 Dena Jalbert Ancillary Businesses, Banking, Finance & Real Estate, Best Practices, Cannabis Investments 0 Comments Part 4: Confirm Deal Terms In the series “Marketing a Cannabis Company for Sale,” Dena Jalbert, walks through the nuances and intricacies involved in preparing a business for sale in the cannabis industry. This article, “Part 4: Confirm Deal Terms,” is… Read More→
Marijuana Stock Aurora Cannabis Is Soaring Because a Top Analyst Sees Profits Around the Corner March 6, 2019 AggregatedNews Cannabis Investments 0 Comments Aurora Cannabis stock was rising sharply on Tuesday, up more than 9% following a bullish call from Cowen & Co. The back story. Aurora Cannabis stock (ACB) has been on a tear in 2019, rising 58.5% since the start of the year.… Read More→
A Big Pension Fund Is Going Bigger on Marijuana Stocks February 15, 2019 AggregatedNews Cannabis Investments 0 Comments The biggest pension fund in the U.S. has increased its exposure to marijuana stocks. Barron’s has reported that although the California Public Employees’ Retirement System, commonly known as Calpers, has a ban on investing in tobacco stocks, it is free to invest… Read More→
This Marijuana Stock Just Made History (No, It’s Not Canopy Growth) February 15, 2019 AggregatedNews Cannabis Investments 0 Comments Investors have been flocking into marijuana stocks, and the returns that cannabis companies have generated for their shareholders have been impressive. Yet many investors are still shying away from companies in the marijuana industry because of the legal and logistical challenges… Read More→
Aurora Cannabis Sales Strong As Losses Swell, Offers ‘First Real Look’ At Canadian Pot Sales Potential February 12, 2019 AggregatedNews Canada, Cannabis Investments 0 Comments Canadian marijuana producer Aurora Cannabis (ACB) reported fiscal second-quarter sales that came in at the high end of an earlier forecast, even as the company's losses ballooned. Aurora Cannabis stock and other marijuana stocks were mostly lower after Monday's close. The company's… Read More→
Marketing a Cannabis Company for Sale, Part 2 February 5, 2019 Dena Jalbert Ancillary Businesses, Banking, Finance & Real Estate, Best Practices, Cannabis Investments 0 Comments Step 2: Put Your Team in Place In the series “Marketing a Cannabis Company for Sale,” Dena Jalbert walks through the nuances and intricacies involved in preparing a business for sale in the cannabis industry. This article, “Step 2: Put Your… Read More→
Football great Joe Montana looking to score with marijuana January 25, 2019 AggregatedNews Cannabis Investments, Industry People 0 Comments Hall of Fame quarterback Joe Montana, looking to hit pay dirt in the legal marijuana industry, is part of a $75 million investment in a pot operator, it was announced Thursday. San Jose, California-based Caliva said it will use the… Read More→
Aurora Cannabis makes a ‘blessed’ buy of organic marijuana producer January 15, 2019 AggregatedNews Cannabis Investments, On the Move 0 Comments Aurora Cannabis Inc. said Monday it intends to acquire the one of the last independent members of the so-called “blessed eight,” a group of marijuana companies given the first approval to move cannabis genetics from the black market into the… Read More→
Another major Wall Street firm starts covering cannabis as industry gains legitimacy January 9, 2019 AggregatedNews Cannabis Investments 0 Comments Piper Jaffray initiated coverage on cannabis producers Tilray and Canopy Growth on Tuesday, joining a short — but growing — list of Wall Street brokerages watching the industry. While admitting "we still have much to learn in the sector," analyst… Read More→