More From Anjana Viswanathan
Cronos Group: The Company that Won’t Stop Growing
Cronos Group (CRON) is one of the most popular Canadian cannabis companies that is set to become a leader. The company involves in the production and sale of marijuana and the sub-products obtained from marijuana with facilities located across five continents. Moreover, the company was set up in 2012, with tobacco company Altria Group (MO) […]
New Gallup Poll on Marijuana Legalization Support
A recent Gallup poll data found that nearly 66% of Americans support making cannabis legal. However, this figure was the same as in 2018. This suggests a standstill in the rise in support of cannabis legalization. Moreover, nine states will be voting in 2020 on measures to allow cannabis for recreational or medical use. The […]
Aurora Cannabis: Company Overview
Aurora Cannabis (ACB) is one of the major licensed Canadian cannabis growers. Established in 2006, the company is a pioneer in growing licensed marijuana.
Bernie is Vocal About Legal Canadian Marijuana
Making marijuana legal is currently one of the hot topics playing a dominant role in the 2020 US elections. With the US elections coming up, Bernie Sanders continues to show his support for legal cannabis. Currently, cannabis is legal for medical use across 33 states. Also, Bernie Sanders is a Democratic presidential candidate, who initially […]
IIPR-Trulieve Real Estate Deal in Florida
Innovative Industrial Properties (IIPR), the first real estate investment trust in the medical marijuana segment, used $17 million to buy a cannabis cultivation facility in Florida. IIPR buys and rents industrial warehouses in the cannabis sector. More about the deal On October 23, 2019, IIPR bought a 120,000-square-foot property with five-building cultivation establishment for $17 […]
HEXO Adds To Debt and Delays Q4 Results
Yesterday, the huge Canadian cannabis grower Hexo (HEXO) declared its target to achieve a private placement worth $70 million Canadian dollars. This funding is in the form of convertible debentures. Apart from this, Hexo also delayed the release of its Q4 2019 earnings for October 28. The company cited the reason that it required additional […]
Tilray: An Overview of the Colossal Cannabis Player
Established in 2014, Tilray is a massive medical marijuana producer and a major global provider of cannabis products through a variety of partnerships.
Tilray Stock: Analysts’ Price Targets and Ratings
Recently, along with many of its cannabis peers, Tilray (TLRY) stock has seen a fall in its target price. Let’s take a closer look.