I have been writing for Market Realist since 2014. I currently cover the cannabis sector, and I was drawn to the cannabis industry almost two years ago, when it was just emerging. I was fascinated by the variety of applications this single plant can have.
In addition, I like to explore different industries and am particularly interested in discovering good stocks. In the past, I've also covered the agricultural fertilizer and restaurant sectors.
When I'm not writing for Market Realist, I love reading books based on real-life events. I also enjoy reading biographies of people who have inspired the world in some way.
Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
In the second half of 2018, the cannabis industry remained busy. As the cannabis sector experienced a boom, there was a lot of excitement among investors.
The world has a problem that’s actually good for the fertilizer industry. This is the world’s population, which is ever-growing, as is food consumption.
Beleaguered cannabis company CannTrust (CTST)(TRST) received a notice from the NYSE that the company is no longer in compliance with its listing rules.
The FDA has a huge impact on cannabis-related businesses in the US. Cannabis is already illegal, and the FDA creates more challenges for cannabis companies.
Marijuana legalization in the US remains in limbo. Most Democrats have endorsed marijuana legalization. However, Republicans have yet to embrace it fully.
The cannabis industry has hit a bottom with most cannabis stocks trading at their 52-week low. The illegal cannabis market is only adding to the problem.
Cronos Group’s position in the CBD cosmetics market could be beneficial. The company is an established player in the market with the potential to grow 31%.
Cannabis companies are having problems in earning profits quickly. It’s becoming clear that the industry is facing challenges from illegal market products.
Second Cup. Ltd (SCUPF) announced today that it’s changing its company structure. In addition, the company plans to change its strategy. Essentially, the company will change its name to Aegis Brands. Under the new structure, Aegis Brands will own the Second Cup brand. In addition, the brand portfolio will include other cannabis and food business. […]
Aurora Cannabis (ACB) is one of the most closely watched cannabis players. Currently, the stock’s momentum is on a declining trend. Usually, when investors are pessimistic about a stock’s future, they sell their positions. However, there are investors that can make money without owning the stock. This process is known as shorting the stock. How […]
Cronos Group (CRON) is already down by 15.59% so far in 2019. Although the company hasn’t escaped the gloom that has surrounded the cannabis sector, it has fared better than most of its peers. Cannabis companies Aurora Cannabis, Canopy Growth (CGC), Tilray, and Aphria are down 26.01%, 19.05%, 67.92%, and 10.90%, respectively, in 2019. Analysts’ […]
On October 15, Aphria (APHA) reported its earnings for the first quarter of fiscal 2020. For the quarter, the company’s revenue came in lower than expected. However, its EBITDA and EPS beat analysts’ expectations. Aphria’s impressive first-quarter performance led its stock price to rise. On October 22, the company was trading at 6.31 Canadian dollars, […]
On Tuesday, Aphria (APHA) reported impressive results for the first quarter of fiscal 2020 on Tuesday. The stock has risen 9.6% since its earnings. Analysts are a little pessimistic about the sector due to turmoil in the cannabis industry. We’ll discuss analysts’ target price and ratings for Aphria after its earnings. What are analysts saying […]
Stock performance As of Tuesday, Charlotte’s Web Holdings (CWBHF) (CWEB) was trading at 18.15 Canadian dollars, which implies a fall of 37.0% since its second-quarter earnings on August 14. During the quarter, the company missed analysts’ top-line and bottom-line estimates. The lower-than-expected second-quarter performance and weakness in the cannabis sector dragged the stock down. Now, […]
The state of Colorado has reported marijuana sales worth $1.16 billion in the first eight months of 2019. In 2017 and 2018, the state reported marijuana sales of $1.5 billion and $1.54 billion, respectively. The state reported its highest-ever monthly marijuana sales figure—more than $173.2 million—in August 2019. Of these sales, recreational marijuana accounted for […]
Medical cannabis is gaining widespread acceptance due to increased awareness. Notably, several countries are looking into cannabis as an alternative for existing medicine. So, Tilray expects about 40–80 countries to legalize medical cannabis over the next two or three years. To learn more, read Tilray’s Stock Price Is Subdued Despite Global Opportunities. [stock_market_widget type=”inline-label” template=”basic” […]
Canopy Growth (CGC) (WEED), one of the major players in the Canadian cannabis space, is set to strengthen its footing. On October 2, Canopy announced the purchase of a 72% stake in BioSteel Sports Nutrition. The stock closed with a gain of 1.6% yesterday. What could be the motivation for acquiring a sports company? Let’s […]
Marijuana laws are pretty strict in Wisconsin. Although cannabis is spreading its roots across US states, it’s still illegal at the federal level. President Trump and his administration want states to decide. Florida, New York, and Minnesota are all gearing up to legalize adult-use cannabis. Now, Wisconsin is pushing to legalize medical marijuana. Let’s see […]
Last week, the overall cannabis sector remained subdued. Sector ETFs, such as the Horizons Marijuana Life Sciences ETF (HMMJ), closed about 8.15% lower.
Vaping has become a burgeoning health concern, as the seventh vaping-related death recently occurred in California. How are cannabis companies affected?
CannTrust reported that its license under the Cannabis Act was suspended. The company won’t be able to produce cannabis. Will CannTrust fall below $1?.
Aurora Cannabis (ACB) posted its fourth-quarter earnings after the market closed on Wednesday. The company posted revenues of 98.9 million Canadian dollars. The company’s revenues missed management’s guidance of 100 million–107 million Canadian dollars and analysts’ estimate of 108.3 million Canadian dollars. Aurora Cannabis’s management blamed lower non-cannabis revenues for the revenue miss. Aurora Cannabis […]
Marijuana legalization is firing up. Currently, cannabis is legal for recreational use in ten states and Washington DC. Cannabis is legal for medical use in 33 states. Other states are also gearing up to legalize marijuana. Today, we’ll discuss how Florida is stepping up for cannabis legalization. “Make it legal, Florida!” Legalizing medical marijuana has […]
Michigan is one of the 11 states in the US that have legalized recreational or adult-use cannabis. In November 2018, Michigan residents voted in favor of legalizing recreational marijuana and created the MRTMA (Michigan Regulation and Taxation of Marihuana Act). LARA (the Michigan Department of Regulatory Affairs) was given the task of developing and enforcing […]
Cannabis legalization is a vital topic in the US. With the 2020 presidential election heating up, many investors are waiting for the US stance on legalization. Other countries are moving forward with their cannabis dreams. Read Cannabis: While the US Waits, the World Opens Up. Meanwhile, vaping related deaths continue to rise. Will vaping concerns […]
Marijuana legalization is an ongoing issue in the US. Currently, the District of Columbia and 11 states have legalized cannabis. Marijuana is still illegal for recreational use in Minnesota. However, the state’s voters might favor legalization. Minnesota voters are ready for marijuana legalization Minnesota hasn’t been able to come up with a legalization decision yet. […]
Aurora Cannabis (ACB) was trading lower early this morning after falling about 8% last week. It has Aurora completed its Hempco Food and Fiber acquisition.
Last week (ended August 16) was rough for Canopy Growth (WEED)(CGC) stock. It fell about 14% after the company’s fiscal 2020 first-quarter earnings report.
Generally speaking, the cannabis sector’s valuations have taken a hit due to weak earnings. Recently, Aphria (APHA) posted better-than-expected earnings.
On Thursday, Canopy Growth announced its entry into the US vaporizer market. The company entered into a distribution agreement with Greenlane Holdings.
Aphria (APHA) reported its earnings results for Q4 and fiscal 2019 after the market closed today. Will the positive results lift cannabis sentiment overall?
On Monday, OrganiGram (OGI) reported its third-quarter earnings. Following the company’s earnings, we reported how it performed in the third quarter. To learn more, read OrganiGram’s Third-Quarter Earnings. Form factors Interestingly, OrganiGram stressed that the growth would be heavily driven by retail stores opening in Ontario and Quebec. The company stated that legalizing edibles and […]
Cannabis sector in July Overall, the cannabis sector was weak in the first ten days of July. There was a stream of negative news about the sector. Earlier this week, CannTrust (CTST) reported that Health Canada found non-compliant operations at one of its facilities. According to the press release issued by CannTrust, the company was […]
The cannabis industry has seen a boom over the last two years because of Canada’s legalization of recreational use. We make sense of this growing sector.
