More From Adam Jones
IIPR: How to Invest in Cannabis and Still Make Money
While cannabis investors lost a lot of wealth last year, one stock continued to deliver staggering returns—Innovative Industrial Properties (IIPR).
Is it Too Much Marijuana Capacity or Too Little Demand?
The cannabis industry is struggling. Marijuana company executives blame overcapacity and lack of demand for poor results.
Why Is CannTrust Experiencing a Rally in 2020?
CannTrust (CTST) stock has experienced a surprising turn of events in January. The stock has gained good upward momentum.
Top Developments in the Cannabis Industry’s Early Years
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.
Cannabis Pullback Might Benefit Some Companies and Investors
Most cannabis investors weren’t particularly happy in 2019. The small rally December 31 was driven more by sentiment than pure fundamentals.
Sales Drivers and What to Expect for Fertilizer Companies
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.
Why Medical Cannabis Lacks Scientific History
Legal cannabis for medical purposes has been available for several years, yet you’ll often hear people say that cannabis lacks science.
CannTrust Receives NYSE Listing Compliance Notice
Beleaguered cannabis company CannTrust (CTST)(TRST) received a notice from the NYSE that the company is no longer in compliance with its listing rules.
Vaping Products Will Remain Part of Cannabis 2.0
Several cannabis producers in Canada are continuing to produce products for vaping in anticipation of Cannabis 2.0 demand.
FDA on Cannabis: The Positives and Negatives
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.
Why OrganiGram’s Recent Equity Program Is Bad News
On Wednesday, OrganiGram (OGI) (OGI.TO) announced an equity program. Broadly, we think that the program is bad news for investors.
Why Republicans Don’t Push for Cannabis Legalization
Marijuana legalization in the US remains in limbo. Most Democrats have endorsed marijuana legalization. However, Republicans have yet to embrace it fully.
Charlotte’s Web Lawsuit: How Can It Impact Investors?
Charlotte’s Web Holdings (CWEB) (CWBHF) is one of the latest cannabis companies to be served with a class-action lawsuit.
OrganiGram’s Disappointing Q4 Earnings: Hope for Investors?
OrganiGram reported its fourth-quarter earnings last week. The company’s balance sheet saw an increase in its PPE to 219 million Canadian dollars.
The Illegal Cannabis Market Needs Tougher Competition
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.
Will CBD Cosmetics Products Lift Cronos Group?
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%.
CannTrust Lands in Hot Water Again
The Canadian cannabis company CannTrust (CTST) announced that the Toronto Stock Exchange is reviewing the company’s listing.
Cronos Group’s Q3 Financials Were a Bit of a Letdown
Cronos Group (CRON) released its latest quarterly financial statements, and investors should pay attention to a couple concerning items.
Michael Bloomberg for 2020: Will He Legalize Cannabis?
The cannabis market remains a priority for many voters—not just investors. But Michael Bloomberg, presidential hopeful, is not pro-cannabis.
Cannabis Industry Needs Retail and Social Engagement
The cannabis sector has entered bearish territory, with a weak earnings season raising doubts about the industry’s future. What could help the sector?
ACB Adds to Its Management Team: Why Now?
Aurora Cannabis (ACB) recently named Shane Morris as its new Chief Product Officer. André Jérôme was named ACB’s Chief Integration Officer.
Bank of America Upgrades Canopy Growth to ‘Buy’
Canopy Growth (WEED)(CGC) got a rare upgrade to “buy” from Bank of America today. Find out what drove the change—and what’s next.
Illegal Cannabis: A Big Problem for Legal Producers
Despite Canada’s legalization of cannabis a year ago, a StatCan survey found that 42% of Canadians have obtained their cannabis from illegal sources.
Did HEXO Get Itself into a Licensing Scandal?
Last week, HEXO Corporation (HEXO) issued a press release that provided more information about its Niagara facility license.
Cannabis Sector: The Worst Isn’t Over
The cannabis sector is running high on negative sentiment after two of its biggest players reported disappointing earnings on November 14.
Aurora Cannabis’s Earnings Coming after Hours
Aurora Cannabis (ACB)(ACB.TO) plans to announce its earnings after the market closes. However, its stock is already trading on a weak note.
Cannabis Players are Looking at Consumer Goods
Cannabis companies are having problems in earning profits quickly. It’s becoming clear that the industry is facing challenges from illegal market products.
Cannabis Sector: Five Reasons Investors Are on Edge
Four cannabis companies are set to release their earnings results this week, and investors seem worried. Let’s take a look at why.
Hemp Farming in the US: What’s the Latest?
Hemp was legalized in the US last year as part of the Farm Bill of 2018. Let’s see how this crop has turned out for hemp farmers.
Second Cup Coffee: Changing Cannabis Culture
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. […]
What’s Aurora Cannabis Short Interest Telling Us?
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 […]
Cannabis Earnings: Top Three Things to Consider
Next week, several top cannabis companies are reporting their earnings results. Here’s what to watch for if you’re an investor.
Why CannTrust Is on a Long Road to Recovery
CannTrust (CTST) stock is gradually recovering after it hit an all-time low of $0.82 last month. However, the worst for the company isn’t over yet.
Medical Cannabis for Heart and Blood Pressure Patients
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” […]
Vaping: What the CDC Has Uncovered So Far
Vaping-related illness has become the latest thorn in the cannabis industry’s side, and the issue could not have come up at a worse time.
Cannabis Sector: A Week in Review for September 27
Last week, ending on September 27, the cannabis sector was weighed down by the bears. Sector ETFs broadly ended the week in negative territory.
Marijuana Legalization: House Passes SAFE Act in US
Yesterday, the House passed the Secure and Fair Enforcement Banking Act, which aims to reduce cash transactions for legitimate marijuana businesses.
CannTrust Stock Hits an All Time Low: What’s Next?
CannTrust (CTST) (TRST) was one of the worst performers in the cannabis sector last week. The stock lost almost 19.6% in one week alone.
Marijuana Legalization Continues: Wisconsin Steps Up!
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 […]
Cannabis Sector: A Week in Review for Sept 20
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-Related Deaths: Anxiety Rises for Cannabis Stocks
Vaping has become a burgeoning health concern, as the seventh vaping-related death recently occurred in California. How are cannabis companies affected?
CannTrust Loses License: Will It Fall below $1?
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?.
Cannabis Legalization: Will Mexico Beat the US?
Cannabis regulation in Mexico is a key topic this week. The US, Canadian, and Mexican economies are more closely intertwined than other countries.
Marijuana Legalization: ‘Make It Legal Florida!’
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 […]
Recreational Cannabis: How Is Michigan Shaping Up?
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 […]
Marijuana Legalization: Minnesota Welcomes You!
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. […]
CannTrust: The Bad News Keeps Pouring In
CannTrust (CTST) was hit with selling pressure this morning as its stock declined almost 5%. However, the overall cannabis sector seems to be positive
Canopy Growth Rises on News of Key Extraction License
Canopy Growth (WEED)(CGC) was trading 3% higher early this morning after it announced the receipt of a key extraction license.
MedMen Launches Cannabis Delivery Service in the US
MedMen (MMNFF) closed almost 6% higher on Monday. The company announced the launch of its new California-wide delivery service for cannabis.
Canopy Growth Falls to Its Lowest Point in 2019
Today, Canopy Growth (WEED) (CGC) stock saw its lowest point in 2019. The stock opened at $28.3 but fell to $26.5 in the afternoon.
Aurora Cannabis Acquires Hempco Food and Fiber
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.
How Canopy Growth Plans to Become Profitable
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.
Cannabis Roundup on FIRE, ACB, CGC, and TLRY
Cannabis stocks mostly traded in positive territory today. Supreme Cannabis (FIRE) and Aurora Cannabis (ACB) rose about 9.5% and 5.5%, respectively.
Bruce Linton Bought More Canopy Growth Stock
Canopy Growth’s ex-CEO, Bruce Linton, increased his investment in the company. Linton stated that he’s still positive about the company’s future.
Canopy Growth Stock Tanks after Q1 Earnings
Canopy Growth (WEED)(CGC) reported its earnings after the market closed on August 14, and the stock plunged as a result. What went wrong?
Key Takeaways from Acreage Holdings’ Q2 Earnings
Acreage Holdings reported its second-quarter earnings results on August 13. The company reported stellar revenue growth of $17.7 million.
Which Are the Best Cannabis Stocks in August?
Generally speaking, the cannabis sector’s valuations have taken a hit due to weak earnings. Recently, Aphria (APHA) posted better-than-expected earnings.
CannTrust: More Compliance Issues, Stock Fell
Early on Monday, CannTrust (CTST) fell almost 26.8%. The development came after Health Canada found more areas that didn’t comply with regulations.
FDA Raids Vaping Products, Gets Them off the Shelf
Last week, the FDA asked four companies to remove 44 products. The products didn’t receive the necessary marketing authorization.
Canopy Growth’s Earnings: 5 Things to Watch For
Canopy Growth (WEED)(CGC) is slated to announce its earnings next week. With expectations running high, here’s what we’ll be watching for.
How Will Canopy Growth Capture the US Vaping Market?
On Thursday, Canopy Growth announced its entry into the US vaporizer market. The company entered into a distribution agreement with Greenlane Holdings.
APHA, IIPR, and CRON Earnings Move Cannabis Stocks
Cronos Group (CRON), Innovative Industrial Properties (IIPR), and Aphria’s (APHA) recent earnings are moving cannabis stocks.
Tilray Gets US Government’s Approval to Import CBD
On August 8, Tilray announced that it had received approval to import cannabis into the US to conduct two clinical trials related to cannabidiol.
Vaping Cannabis or Smoking Tobacco: Burning Questions
During its latest earnings call, Aphria (APHA) stated that vapes and concentrates could form a major share of Canada’s recreational market by 2021.
Sanders to Joe Rogan: Still Firm on Legalizing Marijuana
In a podcast interview with Joe Rogan, Democratic presidential candidate Bernie Sanders said that he would legalize marijuana.
Aurora Cannabis Rises on Guidance Update
Earlier today, Aurora Cannabis (ACB) provided an update on its fourth quarter of fiscal 2019. Its guidance was better than expected.
Joe Biden Wants to Reform Cannabis Laws
Joe Biden wants to change the criminal justice system because he “believes no one should be in jail because of cannabis use.”
What to Expect for Canopy Growth’s Earnings
Canopy Growth (WEED)(CGC) is set to announce its fiscal 2020 first-quarter results on August 14. Market participants are eager to see how it did.
Is Aphria Eyeing CannTrust’s Assets?
Aphria (APHA) had stellar Q4 earnings results. Its operating metrics significantly improved, turning its bottom line positive.
Cronos Stock Gains as It Acquires a US Hemp Business
Cronos Group (CRON) gained almost 6% today on the announcement of its acquisition of Redwood Holding Group.
CannTrust: The Pain Grows on a Daily Basis
The Ontario Securities Commission opened an investigation into CannTrust’s alleged activities related to violation of Health Canada’s regulations.
Here’s Why Aphria Is Surging Today
Aphria (APHA) surged almost 30% in the early morning session after the company reported better-than-expected results.
Aphria Stock Rises on Earnings Beat
Aphria (APHA) reported its earnings results for Q4 and fiscal 2019 after the market closed today. Will the positive results lift cannabis sentiment overall?
Aphria Falls before 4Q and Fiscal 2019 Earnings
On Thursday, Aphria (APHA) is scheduled to release its fourth-quarter and fiscal 2019 earnings results after the market closes.
Miracle-Gro, CannTrust, Emerald Health Stocks Surging
Scotts Miracle-Gro (SMG) reported its earnings this morning. Now SMG is surging alongside CannTrust and Emerald Health stocks. Here’s why.
SMG Stock’s Cannabis Bet Is Paying Off
SMG stock became hot last year with other core cannabis stocks like Canopy Growth (WEED) (CGC), Aurora Cannabis (ACB), and Tilray (TLRY).
CannTrust and HEXO Try to Calm Investors
CannTrust and HEXO have tried to calm investors after facing controversy. However, CTST and HEXO stock movement suggests investors aren’t convinced.
What Analysts Expect for Aphria’s Earnings
Aphria (APHA) is set to announce its fiscal 2019 fourth-quarter results on Thursday. Analysts expect the company’s sales to grow 47% sequentially.
CRON Stock: Target Price and Valuation Update
CRON stock has lost almost 11% in July. With only two more trading days left in the month, the stock will likely end in the negative territory.
Why HEXO Stock Fell Almost 18% Last Week
HEXO (HEXO) stock lost nearly 18% in the week ending July 26. There weren’t any catalysts that showed weakness in the stock.
Why CannTrust Jumped 15% (Hint: Damage Control)
On July 25, CannTrust stock jumped almost 15% after the market closed driven by the company’s announcement of leadership changes.
CannTrust Stock Fell 22% Due to New Information
On Wednesday, CannTrust (CTST) stock fell almost 22.5% after new information came to light. The information came from a report by The Globe and Mail.
IIPR Continues to Slump Ahead of Its Earnings
Innovative Industrial Properties (IIPR) continued to slump on July 22. The stock lost almost 6.8% of its value on the day.
Aurora Cannabis Stock Falls on Bank of America Downgrade
On Thursday, Bank of America downgraded Aurora Cannabis stock (ACB) to “neutral” from its previous “buy” rating. Here’s why.
Cannabis Outlook From OrganiGram’s Earnings Report
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 […]
OrganiGram’s Third-Quarter Earnings
On Monday morning, OrganiGram’s third-quarter earnings came in as a bit of a let-down. Here’s why.
CannTrust and a Big Problem Nobody’s Talking About
Yesterday, CannTrust (CTST) hinted at a big problem that not enough people are talking about, and it’s suspending its cannabis sales.
Innovative Industrial Properties Signals That It’s Overpriced
On Thursday, Innovative Industrial Properties (IIPR) announced that it will issue approximately 1.3 million common shares to the public.
Finding an Attractive Pick Among 12 Cannabis Stocks
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 […]
Innovative Industrial Properties Continues Its Stellar Run
On Tuesday, Innovative Industrial Properties (IIPR) gained nearly 6.2% and closed at $132.3. The stock has risen since the beginning of June.
Aftermath of Canopy Growth’s Developments Last Week
Last week, Canopy Growth shocked the market with the news that Bruce Linton, its co-CEO and board member, would be stepping down.
Investing in the Cannabis Industry
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.
How Does Aphria Plan to Reach the One Billion Club?
Cannabis companies are in a race to achieve stratospheric sales growth in the coming years, and many companies aim to reach the one billion revenue mark in the near future.
Will Canopy Growth Still Be Able to Achieve One Billion in Sales?
Perhaps, Canopy Growth (WEED) (CGC) selling less product in Q4 compared to Q3 was one of the key performance metrics that spooked the market after the company reported its earnings release.
Should Investors Reset Expectations for Canopy Growth?
After Canopy Growth’s (WEED) (CGC) recent earnings, investors got spooked and hit the sell button.
Analysts’ Views on ScottsMiracle-Gro Stock
After ScottsMiracle-Gro’s (SMG) series of misses last year, analysts turned bearish on its stock and lowered its price target. Their target was at its lowest in January, at ~$84, but has improved since.
Other States May Feel Pressure after Illinois Legalizes Cannabis
Following Illinois’s legalization of marijuana, we’ll likely hear more about other states planning to legalize marijuana.
Why Illinois Legalized Marijuana
Illinois became the most recent state to legalize recreational marijuana on Tuesday. The legalization of recreational cannabis was a campaign promise of Illinois Governor J.B. Pritzker.
Illinois Is Most Recent State to Legalize Recreational Marijuana
Illinois became the most recent state in the US to legalize recreational marijuana this week.
Analysts’ Price Target and Ratings Updates for CannTrust in June
CannTrust Holdings (CTST), like its peers Canopy Growth (WEED) and HEXO (HEXO), has delivered a weak performance in June.