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Study Says Canadian Cannabis Market Could Reach $5.2B By 2024: 4 Provinces To Watch
Tuesday, April 9, 2019 - 10:55am | 1341On Oct. 17, 2018, Canada made history by becoming the first G7 country and the second country overall to legalize adult-use cannabis. Yet the rollout of legal Canadian cannabis was fraught with shortages, a limited retail presence and poor product selection. In 2018, legal cannabis...
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Acreage Holdings Enters California Dispensary Market, Reports Fourth-Quarter Results
Wednesday, March 13, 2019 - 3:52pm | 398Acreage Holdings Inc (OTC: ACRGF), the largest vertically integrated, multistate owner of cannabis licenses and assets in the U.S., said Wednesday it would enter the California dispensary market through the acquisition of Kanna. The announcement follows the company reporting its fiscal fourth-...
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California Marks 1 Year Of Recreational Marijuana: How Much Cannabis Was Sold?
Thursday, March 7, 2019 - 4:33pm | 2133At the end of the first quarter of 2018, we spoke with GreenWave Advisors’ Matt Karnes, who said California cannabis sales could hit $2.5 billion in 2018, mostly in line with estimates out of BDS Analytics and Arcview Market Research. Now that a year has passed since recreational...
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What Legal Cannabis Means For Canada's Economy
Monday, November 5, 2018 - 4:52pm | 766Canada is buzzing after the legalization of recreational cannabis, with long lines at the few retailers already open, a supply shortage, impaired driving fears, people taking to the streets in joy ... But what does legalization mean for the Canadian economy? How much is the market...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, July 6, 2018 - 5:37pm | 2797A shortened week brought less cannabis news than usual, providing the people in the industry with a chance to exhale and look back at the convoluted weeks leading up to the Fourth of July holiday. We did witness some relevant action. Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) reported...
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Why Cannabis Investors Are Eyeing South America
Thursday, May 3, 2018 - 1:42pm | 1987Almost every week, an American or Canadian cannabis company announces a large overseas investment. And it's no longer just Germany, Israel and Australia that are piquing investors’ interest. Emerging markets like Jamaica are also turning heads. The largest investment opportunities might...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, April 6, 2018 - 5:38pm | 2153April started with considerable pressure on the markets. “Concerns over legalization in Canada, previously assumed to be a ‘done deal,’ continue to weigh on investors, along with fears of a supply glut, as discussed on the cover of Barron’s this week,” 420 Investor...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, March 23, 2018 - 5:14pm | 2067It was a turbulent week for cannabis stocks in the U.S., however, it was Canadian equities that experienced the most volatility, largely due to the publication of Health Canada’s document on legal cannabis packaging, marketing and retail, and the later vote of Bill C-45, also known as ...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, March 16, 2018 - 4:16pm | 1785This was a strange week for cannabis stocks, as major indices experienced a plateau, spiking Tuesday and tumbling Thursday. The United States Marijuana Index, which tracks 15 of the largest marijuana stocks in the U.S., ended the week down 4.1 percent, while the North American Marijuana Index,...
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Pot Stocks, ETFs And Top News From The Cannabis Industry This Week
Friday, March 2, 2018 - 4:38pm | 2083Despite a strong performance Friday, U.S. cannabis stocks had a bad week, with the United States Marijuana Index, which tracks 15 of the largest marijuana stocks in the U.S., losing roughly 4 percent of its value. The North American Marijuana Index, which also includes Canadian stocks, shed...