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Billions On The Move: Tracking Market Cap Changes In Top Cannabis Firms After DEA Rescheduling Announcement
Wednesday, May 1, 2024 - 2:25pm | 1359Tuesday's announcement that the DEA is moving towards rescheduling cannabis from Schedule I to Schedule III, has already injected billions into the publicly traded market for cannabis companies. But what does this mean in terms of actual numbers for the industry's biggest...
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Investors Shuffle Stock Positions In Aurora Cannabis: Beyond Earnings, Liquidity Looks Appealing
Thursday, April 25, 2024 - 7:45pm | 666Aurora Cannabis Inc. captured investor attention with a dramatic 38% increase in options trading and a significant 18.2% surge in stock price in a single trading day. These movements underscore a robust financial period for the company, which reported quarterly revenues of $53.34 million,...
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Cannabis Companies' Gains - U.S. Versus Canada: Averages Can Be Deceiving, Irrational Market Behavior To Blame?
Thursday, April 25, 2024 - 9:57am | 645Recent insights from Viridian Capital Advisors shed light on the bewildering trends in cannabis stocks. Year-to-date (YTD) data indicates that U.S. multi-state operators (MSOs) and Canadian licensed producers (LPs) have experienced drastically different fates. At a glance, U.S. MSOs show an average...
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NASDAQ-Listed Marijuana Stocks, Tilray, Canopy, Aurora Rally: What's Behind The Surge?
Monday, April 8, 2024 - 6:33pm | 1160The Canadian cannabis sector is witnessing a notable upswing, driven by recent developments including Tilray's (NASDAQ: TLRY) earnings report, Organigram's investor day (NASDAQ: OGI) and pivotal movements by Canopy Growth (NASDAQ: CGC) and Aurora Cannabis (NASDAQ: ACB). Senior analyst...
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Cannabis Producer, Rubicon Organics, Reports Seventh Consecutive Quarter Of Positive Cash Flow & EBITDA
Thursday, March 28, 2024 - 10:25am | 559Rubicon Organics Inc. (TSXV: ROMJ) (OTC: ROMJF), a leading producer of organic certified, premium cannabis, has reported its financial outcomes for the year ended December 31, 2023, showcasing significant growth. The company achieved a net revenue of $40.1 million, marking a 13% increase from the...
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Canadian Cannabis Companies Could See Valuations Soar By Up To 300% With Tax Reform, New Report Shows
Tuesday, March 26, 2024 - 9:36am | 745According to a recent official report, the Canadian government is considering revising the excise tax framework established in 2018 for the cannabis industry. Originally designed to collect taxes amounting to approximately 10% of the industry's gross revenues, the reality has been...
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Cannabis Stocks Set To Dominate Germany's New Market: A Surge In Demand Meets Established Expertise
Friday, March 22, 2024 - 2:00pm | 996Germany's historic step towards cannabis legalization, effective April 1, 2024, opens a new chapter in the global cannabis industry, presenting substantial opportunities for Canadian leaders Aurora (NASDAQ: ACB), Canopy Growth (NASDAQ: CGC), and Tilray (NASDAQ: TLRY). Germany will become Europe...
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NASDAQ-Listed Village Farms Grabs #2 Spot In Canada's Cannabis Market: What's Its Winning Formula?
Thursday, March 14, 2024 - 2:12pm | 704Cannabis company Village Farms International, Inc. (NASDAQ: VFF) is making noteworthy strides, securing the #2 position in the recreational cannabis market in Canada. Rising Exports And Financial Resilience Ranked as Canada's fourth-largest cannabis exporter, VFF trails behind Tilray (NASDAQ:...
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Village Farms International Sustains High Cannabis EBITDA Margins, Setting Stage For Growth, Market Research Shows
Friday, February 16, 2024 - 10:07pm | 881With the cannabis sector experiencing dynamic shifts, Village Farms International (NASDAQ: VFF) emerges as a key player, poised for significant growth. Senior analyst Pablo Zuanic, from Zuanic & Associates, highlights pivotal catalysts propelling VFF forward in the ever-evolving cannabis market...
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From Underweight To Under Scrutiny: Can Canopy Growth Turn The Tide? Piper Sandler's Forecast On The Weed Giant
Monday, February 12, 2024 - 6:02pm | 848Could Canopy Growth Corporation (NASDAQ: CGC) be on the brink of turning its fortunes around, or is the optimism premature? Michael S. Lavery, a senior research analyst at Piper Sandler & Co., assigned CGC an 'Underweight' rating in his comprehensive analysis, signaling a cautious...
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A Flavor Hunter's Paradise, Canada's Vape Market Skyrockets As Weed Industry Titans Cash In
Wednesday, February 7, 2024 - 9:58am | 821Pablo Zuanic, senior analyst at Zuanic & Associates delves into Canada's cannabis vape market, looking at its diversity and growth driven by evolving consumer preferences and regulatory shifts. Highlighting companies like Auxly (OTC: CBWTF), Decibel (TSXV: DB) (OTC: DBCCF), and...
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Undervalued Cannabis Stock? This Company Could Reach A C$1B Valuation On The Back Of Pre-Roll Sales
Monday, December 18, 2023 - 6:06pm | 634With a nearly 50% share in infused pre-rolls, which constitute 70% of its sales, Decibel Cannabis Co. Inc. (TSXV: DB) (OTC: DBCCF) is well-positioned in the market. A recent cannabis equity research report by Zuanic & Associates offers an in-depth evaluation of the company's market...
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Ontario To Ohio: RWB's Strategic Leap Fuels Revenue Boost
Thursday, November 30, 2023 - 12:43pm | 552Red White & Bloom Brands Inc (OTC:RWBYF), a multi-state operator (MSO) based in Canada reported its financial results Thursday for the three and nine months ended September 30, 2023. Q3 2023 Financial Highlights Revenue was CA$20.1 million ($14.8 million) Q3 2023 and CA$69.1 million for the...
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Cost-Efficiency Leads To Profits For This Cannabis Company: Positive Q2 2023 Results Tell The Story
Wednesday, August 30, 2023 - 12:06pm | 368Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTCQB: GWAYF), a Canadian cannabis producer, announced its Q2 2023 interim financial results Wednesday. Carl Mastronardi, president of Greenway, emphasized the company's commitment to low-cost, high-quality production. CEO Jamie D'...
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Cannabis Is Now Legal In Canada: Industry Insiders Discuss What It Means For Stocks, International Market
Wednesday, October 17, 2018 - 7:10am | 1278Canada is now the second country in the world to fully legalize cannabis, allowing adults to consume marijuana for recreational purposes. Much has been said about the move, with journalists and experts discussing various topics ranging from the impact on the Canadian economy, to the pitfalls it may...