The marijuana industry produced about as bifurcated a year as investors could have imagined in 2018. By the time the curtain closed, validity had been gained like never before, but pot stocks had been absolutely leveled. On the bright side, Canada became the first industrialized country in the world to legalize recreational pot in October, with […]
marijuana investing
Tilray stock up 30% after cannabis foe Jeff Sessions resigns under pressure
Shares of major marijuana companies rallied after Attorney General Jeff Sessions resigned Wednesday after months of public criticism from his boss, President Donald Trump. Canada-based Tilray closed up 30 percent while Canopy Growth and Aurora Cannabis rose 8.1 percent and 9 percent respectively. Cronos Group added 8.4 percent. “You’re happy if you’re long the cannabis stocks. He was the biggest roadblock to broadening that out to […]
Cannabis Stocks Get Boost After Michigan Votes To Legalize Recreational
Michigan voted on Tuesday to legalize marijuana for recreational use, ending decades of prohibitive regulation and ushering in a new era of cannabis law and a burgeoning cannabis industry, according to an NBC projection. Cannabis stocks got a boost following midterm election results which largely favored the marijuana industry. Shares of major Canada-based cannabis companies […]
Here are the most popular marijuana stocks as Canada becomes the largest country to legalize
Popular marijuana stocks fell across the board Wednesday, paring extreme gains so far this year, as investors cashed in a bit of their bet as Canada became the largest country to legalize the recreational use of cannabis. After months of political haggling and legal debate, Canada joined the U.S. states of California, Massachusetts, Maine, Alaska, […]
This Lab Raised $10 Million To Expand Cannabis And Hemp Cloning Production
Industrial scale production has dominated store shelves for decades. Now that formula is being adopted by the cannabis industry. For Front Range Biosciences (FRB), mass propagation of crops starts in the lab, where consumer cannabis is selectively cultivated and sold to licensed growers. Today, the agricultural biotech startup, which works with coffee strains and industrial hemp clones as […]
Canadian marijuana investors could face lifetime bans from entering U.S.
Canadians who invest in marijuana-related stocks, as well as those who use pot or work in the cannabis industry, could be banned from ever entering the U.S., according to a report Thursday. While pot smokers and cannabis-industry workers have previously faced the prospect of lifetime travel bans, it may be news to investors that the risk […]
The Future of Marijuana Startups Is All About Exit Strategies
As more entrepreneurs and investors clamor to get into the growing marijuana industry, few people are talking about the future of marijuana startups. Specifically, what happens to startups when recreational marijuana is legalized across most states or across the entire country? What happens when big businesses go all-in on the marijuana industry? I’m talking about […]
This Marijuana Stock Is Booming Past The Rest
In case you haven’t noticed, marijuana stocks are growing like a weed. A majority of those with a market cap of at least $200 million have had their share price double or triple over the trailing year as optimism surrounding legal weed grows. Rapidly rising sales figures have certainly played a role in boosting investor […]
International Cannabis Market Expected to Hit $31.4 Billion by 2021
The international market for cannabis is projected to hit $31.4 billion by 2021, according to a new report from the Brightfield Group, a cannabis market research firm. Currently, the global market is estimated to be worth $7.7 billion and will see a compound annual growth rate of 60 percent as other countries liberalize their marijuana laws. […]
Looking to Invest in Cannabis? Here Are Two Canadian Companies to Consider
The budding marijuana industry in Canada is set to explode, according to a number of key industry players banking on a wave of increased consumption from groups that have otherwise steered clear of the green commodity. With only a few large cannabis producers jockeying for position in a bid to control the largest piece of […]
These 3 Marijuana Stocks Are Currently Leading the Field
Though it probably goes without saying, it should be noted that marijuana stocks have been on fire over the trailing year. All but one of the 13 marijuana stocks with market caps above $200 million are up on a trailing-12-month basis, and two-thirds of those that are up have at least doubled in value. Marijuana […]
