marijuana stocks

A new valuation analysis by Viridian Capital Advisors suggests that U.S. multi-state cannabis operators (MSOs) are trading at levels that indicate no expectation of federal rescheduling or 280E tax relief. The firm conducted a discounted cash flow (DCF) study of 15 cannabis companies, modeling a...

The cannabis market is abuzz following former President Donald Trump’s recent comments supporting cannabis legalization in Florida.  During a podcast interview, Trump backed the state’s recreational cannabis initiative and emphasized the need for a lawful and regulated framework....

Lowell Farms Inc (OTCQX:LOWLF), a vertically integrated cannabis company, reported its Q3 earnings for the period ending September 30, 2023. The California-based company announced a net revenue of $6.2 million, marking a 28% decrease from the $8.7 million reported in the same period last year.  Q3...

Cannabist Company Holdings Inc. (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) said on Monday that it delivered a notice of partial redemption to the holders of its outstanding 13% senior secured notes due May 14, 2024. The Details The notice provides that the New York-based company will, on Oct. 23, 2023,...

The past 12 months have been a wild ride for both investors and cannabis shareholders, as evidenced by big rallies as well as steep declines. Cannabis stocks substantially fell over the last year, with the U.S. Marijuana Index plunging 70% in 2022, according to BNN Bloomberg. Analysts and market...

A draft of the German government's cannabis legalization measure, which was leaked on Wednesday, indicates the EU country is getting close to legalizing retail distribution, possession and home grow of recreational marijuana. "We are encouraged by most aspects...

There’s no doubt that important changes in the cannabis industry, such as legalization efforts, directly impact weed stocks. On the news of possible federal legalization, marijuana stocks usually trade higher. However, with so many delays and industry experts opining that ...

Another cannabis-themed ETF is hitting the public markets and its launch coincides with a day that fans of cannabis know all too well. What Happened: Thematic fund company Roundhill Investments announced today, April 20 or 4/20 to those who celebrate, the launch of the Roundhill Cannabis ETF (BATS...

The cannabis industry blossomed during the pandemic, some say unexpectedly. The question now is: will it continue to grow or has it already reached its highest point (pun intended)? Several things point to further industry development, the most important of which are ...

Over the past couple of months, the cannabis sector has faced many challenges resulting in marijuana stocks dropping. Some of the factors include a slowdown in January sales, rising interest rates, continued supply chain disruptions, delays in New Jersey launching its recreational cannabis...

 The Best Daily Overview Of The Cannabis Space Here are the highlights of today's episode of Benzinga's Cannabis Daily Podcast:   Sugarbud Launches New Product In British Columbia With 26% THC, Meet CEO At Benzinga Conference In April.   Cresco Labs(OTCQX: CRLBF)...

The Best Daily Overview Of The Cannabis Space Jushi Holdings (OTCQX: JUSHF) completes its acquisition of a Las Vegas dispensary. This establishes their fourth state with vertical integration, leaving a ton of room for growth, a ton of potential. Valens Co (NASDAQ: VLNS...

 The Best Daily Overview Of The Cannabis Space Mike Tyson is selling ear-shaped edibles.  New York takes another step forward for local hemp farmers to apply for conditional licensing to grow marijuana. LivWell has 21 stores in Colorado and it's under agreement to be acquired...

The Best Daily Overview Of The Cannabis Space Village Farms Intl (NASDAQ: VFF) has an analyst consensus of a strong Buy rating with a price target consensus of just over $12. Piper Sandler remains Neutral on Cronos Group (NASDAQ: CRON) and lowers its price target from...

The Best Daily Overview Of The Cannabis Space Former President Bill Clinton spoke at the Impact Forum in Orlando, Florida, on Tuesday where he talked about CBD and its benefits. Neptune Wellness Solns (NASDAQ: NEPT) was granted a 180-day extension to meet NASDAQ's minimum...