Canada Cannabis Stocks

Canada's cannabis market is seeing a chilling stagnation, with 2024 showing nearly zero growth in consumer sales—a stark contrast to the double-digit gains of previous years. Amid this slowdown, certain products capture consumer interest, even as prices stabilize and competition intensifies. In his...

SNDL Inc. (NASDAQ:SNDL) announced on Tuesday that Taranvir “Tank” Vander, president of its Liquor Division, is stepping down after two decades of leadership in the liquor industry. Vander, who began his career as a liquor store manager in the early 2000s, is retiring to pursue new...

The latest equity research report from Pablo Zuanic of Zuanic & Associates highlights key trends in Canada's cannabis market, noting a deceleration in recreational sales growth. Data from StatCan reveals that sales for 2Q24 were down 4% year-over-year (YoY), contributing to a 1.3% decline year-...

Decibel Cannabis Co. (OTC:DBCCF), the Canadian cannabis brand that dominated the pre-roll market in 2023, now trades at 0.8x CY24 sales and 4.2x adjusted EBITDA, with a market valuation that senior analyst Pablo Zuanic finds compelling. As Canada's fourth-ranked player, Decibel holds a significant...

Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced on Friday that CEO David Klein will retire at the end of the company's fiscal year - March 31, 2025. Klein, who has led the company since January 2020, will remain in his role until a successor is named. The Board of...

On Thursday, Rubicon Organics Inc. (OTC: ROMJF) reported a net revenue of CA$12.1 million for Q2 2024, reflecting a 7% increase from Q2 2023. However, the company’s gross profit for the quarter was CA$4.05 million, down 12% from the previous year. This means that while Rubicon Organics...

President Joe Biden's announcement that he will not seek re-election has impacted the cannabis stock market. The sector's reaction varied, reflecting investor sentiment and market speculation about future regulatory changes under a potential new administration. This analysis, derived from...

Analyst Lorimer Wilson, a contributor at TalkMarkets, signaled that Canadian Limited Partnership (LPs) Cannabis Companies did much better than American multi-state operators (MSOs) as the cannabis sector remains highly volatile, with stock prices reacting sharply to news. Canadian Cannabis...

On July 10, Zuanic & Associates hosted a panel discussion focusing on the European cannabis market, featuring Benna Goldenberg, CEO of Organigram Holdings (NASDAQ: OGI), and Finn Age Hansel, CEO of Sanity Group. Senior analyst Pablo Zuanic led the discussion, which centered on the companies...

A recent report by senior analyst Pablo Zuanic helps investors understand how market dynamics affect the financial performance of cannabis companies, and how to interpret their earning reports to make informed investment decisions. The report provides an in-depth analysis of Decibel...

With a $2 billion valuation, Tilray Brands (NASDAQ: TLRY) ranks as the largest cannabis company outside the U.S., leading in international sales and the Canadian recreational market. Pablo Zuanic of Zuanic & Associates has initiated coverage on Tilray with a 'Neutral' rating,...

Despite a 23% decrease in stock price over the past month, Village Farms International (NASDAQ: VFF) showcases a robust financial outlook with compelling growth in sales and improvements in gross margins and SG&A efficiencies. As outlined by Pablo Zuanic of Zuanic & Associates, the...

In a recent report, Pablo Zuanic of Zuanic & Associates analyzed trends in Canada's recreational cannabis market through May 2024. The report highlights a deceleration in market growth and notable shifts in sales dynamics among leading licensed producers (LPs). Market Growth Deceleration...

The trading volume of a stock reflects the number of shares bought and sold within a given time. This is called liquidity. The term is used because it likens the ease of converting assets to cash to the fluidity of water. Why is this important for cannabis stocks? Liquidity determines how easily a...

Cronos Group Inc., (NASDAQ: CRON) a global cannabinoid company, has reported an increase in net revenue for the first quarter of 2024. The company's net revenue surged by 30%, reaching $25.3 million, driven primarily by sales in Canada and Israel. Despite this revenue upswing, Cronos posted a...